NetJets Confirms Delivery Schedule for its Global 7500 Aircraft and Continues to Exercise Options within the Extensive Bombardier Portfolio
NetJets confirms commitment to industry’s flagship Global 7500 aircraft, with first delivery in 2021
Options exercised are part of previous large-scale, landmark orders for Global and Challenger business jets
Options converted to newly firmed orders include five Challenger 350 aircraft and a Global 6000 aircraft, delivering in 2019
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Bombardier announced today that NetJets Inc. confirmed the delivery schedule of its Global 7500 aircraft with the first delivery planned in 2021. NetJets’ original order for Global 7500 jets was among Bombardier's largest business aircraft orders in its history, which also included Global 5000 and Global 6000 aircraft as well as Challenger 350 and Challenger 650 aircraft. NetJets has also exercised options for five Challenger 350 aircraft and a Global 6000 aircraft to join the fleet of more than 120 Challenger and Global jets in service, as deliveries for the originally firm-ordered platforms are nearing fulfillment. Based on 2018 list prices, the new transactions are valued at approximately $195 million U.S.