CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Bombardier Secures Record Business Jet Deal

Bombardier Secures Record Business Jet Deal

by Mike Godfrey, Tax-News.com, Washington

30 November 2012


Bombardier has announced that it has secured its largest ever business aircraft order from VistaJet, for up to 142 Global family business jets.

VistaJet, a world-leading luxury aviation company, and an exclusive operator of Bombardier aircraft, signed a deal which includes firm orders for 56 Global jets and options for a further 86, worth between USD3.1bn and USD7.8bn, depending on whether the options are exercised.

The firm order comprises 25 Global 5000, 25 Global 6000 and six Global 8000 jets with delivery to begin in 2014, and options for 40 Global 5000, 40 Global 6000 and six Global 8000 jets.

“By any standard, this is a historic order for Bombardier. It goes without saying that we are thrilled VistaJet has again chosen to grow their fleet with the industry-leading Global family,” said Steve Ridolfi, President, Bombardier Business Aircraft. “We welcome VistaJet’s ongoing commitment to global coverage within existing and developing new markets. Our Global aircraft are perfect for VistaJet’s business strategy to deliver the ultimate business jet family to all corners of the world."

For VistaJet, the order signifies a key part of its expansion plans and ambitions to make business aviation more accessible to the emerging markets. Thomas Flohr, Founder and Chairman of VistaJet, explained: “This order is the most significant milestone for VistaJet and is a testimony to our successful strategy that focuses on global coverage. Our customers need to fly point-to-point across the globe, and in many instances at short notice. Whether it’s a direct flight from Los Angeles to Shanghai, from London to Luanda or from Kinshasa to Ulan Bator, we are seamlessly connecting our customers to every corner of the world in unrivalled levels of style and safety."

“Such customer success allows us to place this historic order and will enable us to base even more brand new aircraft in these dynamic growth markets. I am excited to serve these markets with an unparalleled product both locally and globally," he added.

Bombardier's Global 7000 and 8000 aircraft are still under development, and aim to set the standard for a new category of large business jets. The 7000 comprises a four-zone cabin layout as opposed to the three-zone layout configured in the smaller 8000. When launched, the Global 8000 will be the world's farthest-range business jet with a range of 14,631km, carrying up to eight passengers. Entry into service for the Global 7000 is expected in 2016, and the Global 8000 in 2017.

TAGS: aviation

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »