Bombardier Aircraft Have Formed The Backbone Of Flexjet's Offering For Two Decades

Bombardier announced Tuesday that it has signed a Memorandum of Understanding (MOU) with Flexjet, LLC of Richardson, Texas, to purchase 20 Challenger 350 aircraft. The transaction is valued at approximately $544 million, based on the current list price for standard-equipped aircraft.

Fractional ownership pioneer Flexjet, LLC ranks as one of the world's largest providers of private jet travel, and Bombardier business aircraft have formed the backbone of Flexjet's offering since the company was founded two decades ago. Offering travellers access to the world's most luxurious fleet of private jets, Flexjet's fleet features some of the youngest aircraft in the fractional jet industry with an average age of approximately six years, including Challenger 350 aircraft custom outfitted with Flexjet-branded LXi Cabin Collection ultra-luxurious interiors.

"Today's announcement is a further endorsement of our incomparable Challenger 350 aircraft," said David Coleal, President, Bombardier Business Aircraft. "Flexjet is one of our most valued customers, and we are pleased that our Challenger 350 aircraft, built for optimal comfort and performance, will add to Flexjet's continued growth and success."

"We are experiencing growing demand in the super midsize segment, where owners are seeking more spacious and luxurious cabins, coupled with greater speed and range," said Michael Silvestro, Flexjet's Chief Executive Officer. "Our owners have already expressed their appreciation for the luxurious comfort and superior performance of the Challenger 350 aircraft, and we look forward to offering them more options for an outstanding experience."

Challenger 350 aircraft: The Challenger 350 jet claims a true seats full, tanks full, 3,200 NM range that will connect New York City with London. The Challenger 350 jet builds upon the legendary segment defining clean-sheet Challenger 300 jet. Not only does it feature the very latest in avionics functionality, but it also offers the segment's most advanced cabin that maximizes natural light and redefines interior comfort and design sophistication, all the while maintaining the performance attributes that have become synonymous with the Challenger family.

(Source: Bombardier news release. Image from file)

FMI:  www.flexjet.com, www.bombardier.com