Bombardier Aerospace

TSX : BBD.A
TSX : BBD.B


Bombardier Aerospace

November 27, 2012 02:00 ET

VistaJet Thinks Global with $7.8 Billion Bombardier Business Aircraft Order

Firm order for 56 Global jets and options for an additional 86 Global jets

MONTRÉAL, QUÉBEC--(Marketwire - Nov. 27, 2012) -

Editors Note: There is a photo associated with this press release.

Bombardier announced today the largest business aircraft sale in its history. VistaJet, a world-leading luxury aviation company and exclusive operator of Bombardier business aircraft, has signed a deal for up to 142 Global business jets which includes firm orders for 56 Global jets and options for a further 86 Global jets at a 2012 U.S. list price value of more than $7.8 billion if all options are exercised. The value of the firm order is approximately $3.1 billion at 2012 list prices.

The firm order comprises 25 Global 5000, 25 Global 6000 and six Global 8000 jets. Deliveries of these aircraft will begin in 2014. The agreement also includes 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," he added.

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, 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.

"The Bombardier Global aircraft are ideally suited to meet the demanding needs of both jet owner and customer alike," added Flohr.

Global 5000 aircraft: The Global 5000 jet combines superior transcontinental speed with the largest cabin in its class. It offers ultimate comfort to those on board and with the Bombardier Vision Flight Deck combines design and technology from nose to tail. On board, passengers can be whisked across the world with high-speed Internet and unmatched entertainment and productivity options. This jet can fly 5,200 nm (9,630 km) and connect London with San Francisco or London with Seoul*.

Global 6000 aircraft: The Global 6000 jet's unrivalled cabin size and levels of comfort combined with an optional stand-up shower and the Bombardier Vision Flight Deck means no other purpose built business jet comes close in terms of high-speed range capability and traveller comfort. Offering the ultimate in technology, this intrepid jet can link London with Tokyo or London with Mexico City non-stop, with eight passengers and three to four crew*.

Global 7000 aircraft: The Global 7000** aircraft will set the standard for a new category of large business jets with its spacious four-zone cabin. Passengers flying on the Global 7000 jet will experience 20 per cent more living space than the already impressive cabin of the industry-leading Global 6000 jet. This aircraft will offer an astounding passenger cabin length - 59 ft 7 in (18.17 m) and coupled with a superior high-speed cruise of M 0.90* it is set to expand the Global family to new levels when it enters service in 2016. With 10 passengers this aircraft will boast an incredible 7,300-nm (13,520-km)* range and will connect cities such as London and Singapore, Beijing and Washington non-stop or Moscow and Perth*.

Global 8000 aircraft: The Global 8000** will be the world's farthest-range business jet with an incredible 7,900 nm (14,631 km)*. With its superior three-zone cabin offering a 50 ft 7 in (15.42 m) passenger compartment and an unsurpassed M 0.90* high-speed cruise ability, it will fly eight passengers in ultimate comfort between cities such as London and Adelaide, Hong Kong and New York, and Mumbai and Toronto*.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors

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* Under certain operating conditions.

** The Global 7000 and 8000 aircraft are currently under development and the design remains to be finalized and certified. The aircraft are subject to change during the course of the design, manufacture and certification process. Any statements about performance, description and design are preliminary targets, projections and/or forecasts and are subject to change without notice.

Bombardier, Bombardier Vision, Global, Global 5000, Global 6000, Global 7000, Global 8000 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

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