Vista Expands Fleet with 40 New Bombardier Challenger 3500 Jets
Bombardier has successfully secured a considerable order from Vista Global Holding Ltd., a major player in private aviation. Vista has placed a firm order for 40 Bombardier Challenger 3500 jets, with the contract valued at approximately US$1.18 billion based on the aircraft’s list prices.
Details of the Order
This landmark agreement includes options for an additional 120 aircraft. If Vista exercises all purchase options, the overall value could reach as high as US$4.72 billion for the total of 160 jets.
Delivery Timeline
According to Bombardier’s chief executive, Éric Martel, Vista has a longstanding relationship with the company. Deliveries of the Challenger 3500 jets will commence immediately and will be strategically phased over the next decade. This approach ensures that Vista secures long-term capacity.
Market Demand
The need for premium private aviation services continues to rise globally. This agreement positions Vista to meet the increasing demand effectively and enhance its fleet’s capabilities.
Key Facts
- Order Quantity: 40 Bombardier Challenger 3500 jets
- Initial Order Value: US$1.18 billion
- Potential Total Value: US$4.72 billion (if all options exercised)
- Delivery Start: Immediate, over the next 10 years
- Customer Relationship: Established partnership with Vista since their operational start
This significant order highlights both Bombardier’s manufacturing capabilities and Vista’s growth strategy in the competitive private aviation sector.
