News Column

VistaJet Expands Fleet With Challenger 350 Jet

Jun 18 2013 12:00AM

Marketwire

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PARIS, FRANCE -- (Marketwired) -- 06/18/13 -- Editors note: There is one photo associated with this press release.

VistaJet, the world's leading Global business aviation company, today announced a transaction with Bombardier Aerospace for 40 Challenger(i) 350(i) jets, consisting of 20 firm orders and 20 options with a 2013 list price of $1.035 billion US. The new Challenger 350 jets will join the VistaJet fleet in mid-2014.

Thomas Flohr, Founder and Chairman of VistaJet, commented, "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 current fleet of Global(i) and Challenger(i) aircraft. 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."

Flohr added, "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 cabin divider door, VistaJet's 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 in-flight Internet access via WI-FI, a modern business suite and trim panel speakers for the ultimate in-flight sound. VistaJet is the only operator with a Cabin Hostess on every flight.

The Challenger 350 jet has a true intercontinental range of 5,926 km; providing non-stop connections between all major cities within Mainland China, exceptional point-to-point access between major African cities and an impressive intercontinental capability, such as London-Lagos, Moscow-Dubai and Mumbai-Nairobi(ii).

"Following a historic Global aircraft order late last year, we are very proud that VistaJet has once again chosen to partner with Bombardier for their fleet expansion needs. Our newly launched Challenger 350 jet will be an excellent complement to their existing fleet of Bombardier aircraft," said Steve Ridolfi, President, Bombardier Business Aircraft. "The Challenger 350 jet's superior performance, new cabin and best-in-class operating costs will further support VistaJet's global expansion and mission to offer the ultimate business jet family across the world."

In late November 2012, VistaJet, the world's luxury aviation company, announced the largest single transaction in business aviation history: 56 firm orders for Bombardier Global Jets and options for an additional 86 Global aircraft. The transaction was valued at more than $7.8 billion US based on list prices; deliveries will commence in 2014.

About VistaJet

VistaJet owns and operates the largest privately owned Bombardier business aircraft fleet - over 35 aircraft - the majority of which are large cabin, long-range Global and Challenger jets. Renowned for its consistency around the globe and as the only provider to offer an identical cabin design throughout its fleet, VistaJet's global strategy of connecting its customers to every corner of the world with point-to-point coverage has made it the clear market leader with unparalleled experience flying in to, and out of, the hardest-to-reach destinations. News and information are available at www.vistajet.com.

(i) Trademarks of Bombardier Inc. or its subsidiaries

(ii) Under certain operating conditions

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20130618-VistaJet_Challenger_350_800.jpg



Contacts:
VistaJet
Danielle Boudreau
Executive Vice President
Marketing, Branding and Public Relations
+44 (0) 7824144745
danielle.boudreau@vistajet.com

Teneo Strategy
Emma Swift
+44(0) 207 186 8885
emma.swift@teneostrategy.com





Source: Marketwire