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Bombardier lands contract to end year on a high note

CANADIAN PRESS/Ryan Remiorz

Bombardier has secured a contract to deliver 10 new Challenger 350 business jets, it announced Wednesday.

The sale represents “one of the largest business aircraft orders of 2020,” the company said in a statement. The identity of the buyer has not been released. The transaction is valued at US$267 million.

Under ideal conditions, the Challenger 350 business jet can fly from New York to Los Angeles or London, and Paris to Dubai nonstop, according to Bombardier.

Read more: Bombardier says business jet activity picking up after taking COVID-19 hit

“This order underscores the tremendous value customers place on the aircraft’s unparalleled capabilities,” Eric Martel, president and CEO of Bombardier, wrote in a statement. “Bombardier’s newly renewed portfolio and growing service network position the Company firmly as global interest in business aviation grows with the increased safety it provides.”

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Launched in 2013, the Challenger 350 jet operates with two Honeywell HTF7350 engines and can carry eight passengers.

Challenger jets are assembled at the Bombardier Aviation plant in Montreal.

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