VistaJet Makes History with $7.8 Billion Bombardier Order

Stephen Pope

Tuesday, November 27, 2012 at 10:29 PM ET

Verified

Key Takeaways:

VistaJet placed the largest Bombardier business jet order in history, committing to 56 Global jets and holding options for 86 more, potentially totaling 142 aircraft.
The firm order is valued at $3.1 billion (potentially $7.8 billion with options) and includes Global 5000, 6000, and 8000 models, with deliveries scheduled to begin in 2014.
This significant acquisition is a key part of VistaJet's expansion plans to offer global coverage and make business aviation more accessible, particularly in emerging markets.

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Swiss charter operator VistaJet has placed the largest Bombardier business jet order in history with a deal to acquire as many as 142 Global twinjets. The $3.1 billion firm order announced on Tuesday includes commitments for 56 Global jets, and could climb to $7.8 billion if VistaJet exercises options for 86 more Globals.

“By any standard, this is a historic order for Bombardier,” said Steve Ridolfi, President, Bombardier Business Aircraft. “It goes without saying that we are thrilled VistaJet has again chosen to grow their fleet with the industry-leading Global family.”