“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Learjet 85 on Track for 2013 Deliveries
Bombardier says it is on pace to deliver its Learjet 85 model beginning in 2013. The manufacturer reports orders for nearly 60 of the $17.2 million (2008 dollars) aircraft, which are expected to become the first certified all-composite Part 25 business jets. Meanwhile, the company has confirmed that ExecuJet Aviation no longer holds exclusive sales representation for new Bombardier Challenger, Learjet and Global series business airplanes.