Bizjet Order Is Largest Ever

Tuesday, December 11, 2012 - 4:30pm

VistaJet has placed a firm order for 56 Bombardier Global aircraft, with options for up to another 86. At $7.8 billion, the deal represents the largest single transaction in the history of business aviation. Deliveries of this latest batch of Bombardier jets under firm order are due to begin in January 2014 and run through the end of 2017. The aircraft included in the contract consist of 25 Global 5000s, with options for 40 more; 25 Global 6000s, with options for another 40; and six Global 8000s, along with an equal number of options. The aircraft will be deployed in growth markets, including Russia, China, the Middle East and all of Africa.

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Quote/Unquote

“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham