Vista Expands Fleet with 40 Bombardier Challenger 3500 Jet Orders
Bombardier has secured a significant order from Vista, a private aviation company, for 40 Challenger 3500 jets. This deal, valued at approximately $1.18 billion, is poised to enhance Vista’s fleet dramatically.
Details of the Bombardier Challenger 3500 Order
The agreement not only includes the initial 40 aircraft but also allows for purchase options on an additional 120 jets. Should Vista exercise these options, the total order could escalate to 160 aircraft, valued at around $4.72 billion.
Executive Insights
Éric Martel, CEO of Bombardier, expressed his appreciation for Vista’s ongoing partnership. He noted that Vista has been a loyal customer since they began operations, highlighting the strength of this relationship.
Impact on the Aviation Market
Vista Global Holding Ltd. specializes in private flight services worldwide. With this new order, the company aims to secure long-term operational capacity in response to the growing demand for premium private aviation services.
Delivery Timeline
Deliveries of the Challenger 3500 jets are set to commence immediately. The phased delivery will extend over the next decade, enabling Vista to strategically enhance its service offerings.
Conclusion
- Order Value: $1.18 billion for 40 jets
- Potential Total Value: $4.72 billion for 160 jets
- Delivery Schedule: Beginning immediately, extending over 10 years
This substantial acquisition emphasizes the increasing demand for luxury private aviation and Bombardier’s commitment to meeting that demand through innovative aircraft solutions.
