Bombardier Provides Details of December 2023 Firm Order by Customer NetJets for 12 Challenger 3500 Aircraft and 232 Options
BOMBARDIER INC B (BDRBF)
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Source: GlobeNewswire
Bombardier’s long-time valued client NetJets was unveiled as the customer who placed this order in December. The firm order for the 12 Challenger 3500 jets was valued at US$326.4 million based on list prices at the time of signingIf all 232 Challenger 3500 options are exercised over time, the transaction could be valued at more than US$6 billion based on list pricesThe order reaffirms the strong ties between the companies and underscores the continued supremacy of the Bombardier Challenger 3500 aircraft in the super midsize category MONTRÉAL, May 01, 2024 (GLOBE NEWSWIRE) -- Bombardier today announced that its long-valued client NetJets has been revealed as the previously confidential buyer of 12 Challenger 3500 aircraft. The firm transaction initially announced in December 2023 was valued at US$326.4 million based on list prices at the time of signing, but the landmark deal could be more than US$6 billion if all optional 232 Challenger 3500 jets are exercised over time. With this
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