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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Post by vonSachsenanhalon May 12, 2021 8:43am
537 Views
Post# 33181252

Airshare to purchase 3 Challenger 350s, options for 17 more

Airshare to purchase 3 Challenger 350s, options for 17 more
Airshare Plans to Double Fractional Fleet with Addition of Bombardier's Best-Selling Challenger 350 Business Jets

 

12 May 202108:30 ET  

GlobeNewswire

 

-- Airshare announces purchase of three Challenger 350 aircraft for delivery by year end with options for an additional 17 business jets over the next few years

-- Market-leading Challenger 350 aircraft is ideally suited to launch Airshare into super midsize segment

-- The high-performing Challenger 350 aircraft is the undisputed champion of successful fleet operators

Bombardier today welcomed Airshare as its newest fleet operator for its best-selling Challenger 350 business jets. Airshare has ordered three super midsize Challenger 350 aircraft, with options for 17 more, which will enable the Kansas City-based private aviation company to double the size of its fractional ownership fleet in the near future.

"We appreciate the confidence Airshare has expressed in our Challenger 350 aircraft. This jet is the all-round performer. No other aircraft in the category comes close to its superior reliability, range, speed, performance, cabin experience and operating costs," said Eric Martel, President and CEO, Bombardier. "Airshare is one of the most successful fractional programs in the country. We are proud they have chosen the Challenger 350 aircraft to anchor their fleet, and we are extremely excited about the potential of this long-term partnership."

"The addition of super midsize jets into our fleet represents a significant milestone in our vision to intelligently expand the Airshare brand nationally," said John Owen, President and CEO of Airshare. "Considerable due diligence went into choosing the Challenger 350 business jet, with input from our current customers and contributions from every department in the company. Partnering with Bombardier puts us in an excellent position to attract future customers who have wanted to join our program but desired a larger aircraft with greater range, while also ensuring we continue to deliver best-in-class service that has become synonymous with Airshare."

Airshare selected the Challenger 350 aircraft as the catalyst for strategically expanding its revolutionary fractional ownership program beyond its core markets in the central United States, with the goal to soon begin serving customers on the East Coast. Airshare's days-based program appeals to both business and leisure travelers seeking to maximize their efficiency and productivity.

Airshare's fractional program provides each owner of a 1/16 share with 20 days and unlimited flight time (based on a customer's allocation of days with a maximum 14-hour crew duty day). When Airshare shareowners begin and end in the same location, while keeping the aircraft and crew with them, they save up to 35 per cent off their hourly rate. Having the pilots and aircraft stay with shareowners as they travel provides the ultimate in flexibility as they are able to visit multiple locations and adjust their schedules at a moment's notice.

Airshare also offers its own jet card program, EMBARK, as well as aircraft management, on-demand charter and maintenance services.

In 2020, the Challenger 350 business jet once again cemented its position as the most-delivered business jet in the Medium category seven years in a row. A true powerhouse in the industry, the Challenger 350 aircraft sets the standard by which other super midsize aircraft are compared.

To complement its superior performance capabilities, Bombardier continues to introduce value-added enhancements to the Challenger 350 aircraft cabin, including an expanded selection of stylish interior design schemes, high-speed Ka-band connectivity and an advanced cabin management system. The Challenger 350 aircraft also sets the benchmark for its impressive dispatch reliability rate along with the lowest direct operating costs in its category, thanks to affordable maintenance programs and longer maintenance intervals than any competitor.


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