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Bombardier delivers first Challenger 3500 business jet in Turkey

 Trevor Abes Trevor Abes , The Market Online
0 Comments| December 20, 2023

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  • Bombardier (TSX:BBD.B) has delivered a Challenger 3500 to longtime client Arkasair, making it the first customer to acquire the business jet for the Turkish market
  • The aircraft offers a range of 6,297 kilometres and the lowest direct operating costs in the super mid-size category
  • Bombardier is a global leader in the design, manufacturing and servicing of business jets
  • Bombardier stock (TSX:BBD.B) is down by about 3 per cent year-over-year, but has managed a more than 8 per cent gain since 2018

Bombardier (TSX:BBD.B) has delivered a Challenger 3500 to longtime client Arkasair, making it the first customer to acquire the business jet for the Turkish market.

The airline will integrate the aircraft into its VIP Air Taxi and charter fleet, adding to its long history of operating Bombardier aircraft, including a Learjet 60, Challenger 604 and Challenger 300, the latter to be replaced by the Challenger 3500.

The Challenger 3500 is a super mid-size aircraft designed for comfort, performance and reliability. Features include:

  • A range of 6,297 kilometres
  • Room for up to 10 passengers
  • A maximum speed of 882 km/h
  • The lowest direct operating costs in its class
  • An Environmental Product Declaration, the first in the super mid-size category, documenting the aircraft’s environmental footprint

“Arkasair and Bombardier share a likeminded vision: we strive for excellence and work tirelessly to offer an exceptional experience to our clients,” Emmanuel Bornand, Bombardier’s vice president of sales for Europe, Russia, CIS, Middle East and Africa, said in a statement. “We also continue to look for new opportunities in this important country, offering the very best business aircraft in the skies today.”

“At Arkasair, we are delighted to be adding a new Challenger 3500 aircraft to our fleet, as it perfectly complements the impeccable standards that our VIP Air Taxi clients have come to demand and expect,” said Martine De Andria, deputy general manager of Arkasair. “The Challenger 3500 is truly an impressive aircraft with its luxurious, comfortable cabin and outstanding performance attributes. We are thrilled to be taking delivery of the first one in Turkey.”

Based in Montreal, Bombardier is a global leader in the design, manufacturing and servicing of business jets. The company has a global fleet of approximately 5,000 aircraft in service across multinational corporations, charter and fractional ownership providers, governments and private individuals.

Bombardier stock (TSX:BBD.B) is down by 0.96 per cent, trading at C$51.71 per share as of 10:22 am ET. The stock is down by about 3 per cent year-over-year, but has managed a more than 8 per cent gain since 2018.

Join the discussion: Find out what everybody’s saying about this Canadian aviation stock on the Bombardier Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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