Saturday, April 2, 2016

Bombardier wins big order for 20 Challenger 350's

Bombardier’s Challenger 350 was the Canadian manufacturer’s single best selling business jet in 2015, as well as the model of choice last year among all the offerings in the super-midsize class, according to the General Aircraft ManufacturersAssociation (GAMA) year-end numbers.

The Bombardier Challenger 350 remains in strong demand, as it was in 2015, based on a major order for the super-midsize jet valued at more than half a billion dollars.

So it should come as little or no surprise that, given a choice, an unnamed customer has placed a firm order for 20 of the airplanes. The sale is valued at US$534 million, based on list prices for standard-equipped aircraft.

In 2015, Bombardier delivered no fewer than 68 Challenger 350s. Embraer’s Legacy 500, Gulfstream Aerospace’s G280, and Textron Aviation’s Citation Sovereign+ and Citation X were distant also-rans.

The Challenger 350 is an evolved, significantly more capable version of what was the Challenger 300, which dominated the midsize and super-midsize class of business jets for the better part of a decade. The newer model features improved avionics, more powerful engines, new winglets and more desirable cabin amenities. Dispatch reliability is another strong suit. The standard interior configuration accommodates nine passengers.

(Tony Velocci - Business Aviation / Forbes Business)

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