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May 23, 2016

Bombardier Confirms Flexjet as Previously Undisclosed Buyer of 20 Challenger 350 Aircraft

  • Strong demand driving Flexjet fleet expansion
  • Flexjet has ordered a total of 40 Challenger 350 aircraft to date

Bombardier confirmed today that Flexjet, LLC is the previously undisclosed customer that purchased 20 Challenger 350 jets. Bombardier and Flexjet, LLC celebrated the news with a special ceremony at the European Business Aviation Conference and Exhibition (EBACE) in Geneva. The order, announced on April 1, 2016, is valued at approximately $534 million US, based on the 2016 list prices for standard-equipped aircraft.
“We congratulate Flexjet on the continued growth and expansion of their fleet, and we appreciate the enthusiastic reception that Flexjet and its Owners have given our Challenger 350 aircraft,” said David Coleal, President, Bombardier Business Aircraft. “The top-selling Challenger 350 aircraft has a superb track record and enjoys worldwide acceptance based on its reliability, value, and superior wide-body comfort. The Challenger 350 business jet is the backbone of the Flexjet fleet and will contribute to Flexjet’s success for many years to come.”

Bombardier began deliveries of Challenger 350 aircraft to Flexjet in January 2015, and the aircraft was met with strong demand from the start.
“The Challenger 350 jet and its predecessor, the Challenger 300, proved to be our bestseller in 2015,” said Michael Silvestro, Flexjet’s Chief Executive Officer. “Flexjet is in the business of providing travelers access to the world’s most luxurious fleet of private jets, and this extraordinarily capable and comfortable aircraft holds tremendous appeal for our Owners and has been an important driver in the impressive growth Flexjet has been experiencing lately.”

Challenger 350 aircraft: The Challenger 350 jet boasts class-defining performance, a true seats full, tanks full, 3,200 nm (5,926 km) range and will connect New York City with London*. Building upon the legendary segment-defining Challenger 300 jet, it features a state-of-the-art cabin that maximizes natural light and redefines the man-machine interface, all the while maintaining the performance attributes that have become synonymous with the Challenger aircraft family.

About Flexjet

Flexjet first entered the fractional jet ownership market in 1995, and celebrated its 20th anniversary in May 2015. Flexjet offers fractional jet ownership and leasing. Flexjet’s fractional aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, and Flexjet is the first and only company to be honoured with its 17th FAA Diamond Award for Excellence.

Flexjet’s fractional program fields some of the youngest aircraft in the fractional jet industry, with an average age of approximately six years.

Flexjet is a member of the Directional Aviation family of companies. For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Twitter @Flexjet.

Flexjet, Nicholas Parmelee, The Hubbell Group, Inc., + 1 781-878-8882, nparmelee@hubbellgroup.com

*Under certain operating conditions.
Bombardier, Challenger, Challenger 300, Challenger 350 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

About Bombardier

With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

For Informations

Anna Cristofaro

Anna Cristofaro

Manager, Public Relations and Communications