VistaJet Orders 20 Bombardier Business Jets

VistaJet has placed firm orders with Bombardier for 20 Challenger 350 jets and options for an additional 20 Challenger 350 jets.

The transaction for the firm aircraft order is valued at approximately US$518 million on 2013 list prices.

If all the options are exercised, the total value of the order is approximately US$1.035 billion based on 2013 list prices.

Deliveries for the Challenger 350 aircraft, launched on 20 May, will begin in mid-2014.

"VistaJet leads the industry in offering the world's most modern fleet of large cabin jets. We now expand this strategy by adding the newest super-midsize aircraft to our existing fleet of Global and Challenger aircraft," said Thomas Flohr, Founder and Chairman of VistaJet. "Having personally participated in the focus groups that led to the Challenger 350 jet's conception, I am confident that this aircraft will deliver the comfort, technology and range that our customers rely on when flying with VistaJet. Our Think Global strategy and commitment to provide point-to-point global coverage includes providing the best aircraft option for our customers' intercontinental and transcontinental travel needs, always with guaranteed availability."

Featuring a jump seat for the cabin hostess and a cabin divider privacy curtain, the VistaJet Challenger 350 aircraft configuration mirrors the high standard and privacy of its larger counterparts within the fleet.

The Challenger 350 jet is equipped with the latest cabin management system, including features such as inflight internet access via WIFI, a modern business suite and trim panel speakers for the ultimate inflight sound.

On 27 November 2012, VistaJet placed the largest business aircraft order in Bombardier's history with orders for up to 142 Global business jets, which includes firm orders for 56 Global jets and options for a another 86 Global jets at a 2012 U.S. list price value of more than $7.8 billion, if all options are exercised. The value of the firm order is approximately $3.1 billion at 2012 list prices.