Transaction Valued At $81 Million Based On List Prices

Bombardier Aerospace has received orders for a total of six Learjet 75 business jets from an undisclosed customer. The transaction is valued at approximately $81 million based on the 2012 list price for typically equipped aircraft.

“The Learjet 75 aircraft is a blend of innovative technology, modern cabin design and legendary Learjet aircraft performance,” said Steve Ridolfi, President, Bombardier Business Aircraft. “We look forward to delivering the first aircraft next year, as Learjet celebrates its 50th anniversary.”

The Learjet 75 jet features the pioneering Bombardier Vision Flight Deck with an interior influenced by its bigger stablemate, the Learjet 85 aircraft. The jet will have a maximum altitude of 51,000 ft., and is capable of flying more than 2,000 nm.

The Lear 75 is being built in Wichita, KS. In August, it hit a production milestone with the first power-on of its electrical systems.

According to Bombardier, there will be a total of five flight test aircraft: a modified Learjet 40 XR jet and a modified Learjet 45 XR aircraft are flying and focusing on avionics certification; a modified Learjet 45 XR jet will be used primarily for the interior and cabin management system; an existing Learjet 45 XR aircraft will be modified and utilized for testing and validating the performance improvements; and finally, the first production Learjet 75 aircraft.

Entry into service is planned for 2013.

(Image provided by Bombardier)

FMI: www.bombardier.com