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Bombardier Inc
Symbol BBD
Shares Issued 1,932,511,397
Close 2016-04-01 C$ 1.38
Market Cap C$ 2,666,865,728
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Bombardier receives $534M (U.S.) Challenger order

2016-04-01 08:12 ET - News Release

Mr. David Coleal reports

BOMBARDIER SECURES FIRM ORDER FOR 20 BOMBARDIER CHALLENGER 350 AIRCRAFT

Bombardier Inc.'s Bombardier Business Aircraft has received a firm order for 20 Challenger 350 aircraft. For competitive reasons, the customer will remain undisclosed at this time. Based on the 2016 list prices for standard-equipped aircraft, the firm order is valued at approximately $534-million (U.S.).

"With its outstanding performance and reliability, the class-leading Challenger 350 aircraft dominates the supermid-size segment and continually outperforms -- it's simply one of the best business jets in the market," said David Coleal, president, Bombardier Business Aircraft.

Challenger 350 aircraft

The Challenger 350 jet boasts class-defining performance, a true seat-full, tank-full, 3,200-nautical-mile (5,926-kilometre) range that will connect New York with London(i). The Challenger 350 jet builds upon the legendary segment-defining clean-sheet Challenger 300 jet. Not only does it feature the very latest in avionics functionality, but it also offers the segment's most advanced cabin that maximizes natural light and redefines interior comfort and design sophistication, all the while maintaining the performance attributes that have become synonymous with the Challenger family.

(i) Under certain operating conditions.

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