Category: Business Jet News (Page 10 of 10)

HK Bellawings Firms Order for Four More Global 7500 Jets

April 15, 2019 / WIL BALDWIN

Fleet operator continues to confirm orders after signing letter of intent for multiple Global 6500 and Global 7500 aircraft in May 2018
HK Bellawings Jet Limited will become operator managing China’s largest fleet of Global 6500 and Global 7500 aircraft
Flagship Global 7500 business jet making its airshow debut at ABACE
Long-range, large-cabin Global 5500 and Global 6500 aircraft on track to enter service this year

Bombardier is pleased to announce that Hong Kong aircraft management company HK Bellawings Jet Limited firmed up an order for four Global 7500 business jets. This news comes as the flagship Global 7500 aircraft arrives at the Asian Business Aviation Conference & Exhibition (ABACE), its first airshow since entering service.

“We are proud to announce this firm order as the Global 7500 aircraft makes its public debut at ABACE, one of the world’s most important aerospace exhibitions,” said Khader Mattar, Vice President of Sales for the Middle East, Africa, Asia Pacific and China, Bombardier Business Aircraft. “Our flagship jet has been causing a sensation since entering service less than four months ago, and this order underscores that this aircraft, with its unparalleled range and four true living spaces, is ideal for the Greater China region.”

HK Bellawings first announced their intent to purchase up to 18 Global 6500 and Global 7500 aircraft, for a potential value of $1.14 billion US, in May 2018 at the European Business Aviation Convention & Exhibition (EBACE) in Geneva. Hours earlier, Bombardier had stunned the industry by launching two new long-range, large-cabin business jets, the Global 5500 and Global 6500 aircraft.

In September 2018, HK Bellawings firmed up its order of four Global 6500 and two Global 7500 business jets, for an approximate value of $370 million US, based on current list prices for typically equipped aircraft. Today, HK Bellawings and Bombardier are pleased to confirm that four more
Global 7500 aircraft are now part of that firm purchase, bringing the total of firm aircraft orders to 10. This latest announcement represents a value of approximately $291 million US, based on current list prices.

“We are thrilled to offer our customers access to the unparalleled Global 7500 aircraft as part of our unmatched fleet,” said HK Bellawings President Mr. YJ Zhang. “The Global 6500 and Global 7500 aircraft align with HK Bellawings’ rapid development to be a one-stop business aviation solution. As the operator that will manage one of the world’s largest fleet of Global 6500 and Global 7500 aircraft, HK Bellawings Jet will further expand our business scope and continuously pursue higher goals.”

The Global 7500 aircraft’s range of 7,700 nautical miles is the longest in business aviation. This business jet can connect the cities of Beijing, Shanghai and Hong Kong non-stop to the cities of New York, London or Milan, and also fly nonstop from Singapore to Vancouver.*

Established in 2014, HK Bellawings Jet Limited is a distinguished business jet management company dedicated to providing a diverse array of professional, highly efficient and comprehensive business aviation services and solutions, which include business jet management, aircraft maintenance, travel concierge service, aircraft acquisition service, and business aviation consultancy. They operate a fleet of Challenger and Global business aircraft.

About Bombardier

With over 68,000 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Bombardier Delivers Global 7500 to Racing Legend Niki Lauda

April 1, 2019 / WIL BALDWIN

Bombardier announced today that it delivered its first European-based Global 7500 aircraft to long-time Bombardier customer, Niki Lauda, as production and completions of the award-winning business jet continue to ramp up as planned. Bombardier is on track to deliver between 15 and 20 Global 7500 aircraft in 2019.

Long-time Bombardier customer and F1 World Champion takes delivery of the first European-based Global 7500 aircraft
Production and completions ramp up for Global 7500 jets proceeding as planned
The Global 7500 aircraft recently completed the world’s longest-range business jet flight in history and broke the city pair speed record between LA and NYC*
Winner of the 2019 Aviation Week Grand Laureate Award, the Global 7500 aircraft offers Bombardier’s signature smooth ride and a spaciousness that is unique among business jets

“We are thrilled to deliver our flagship Global 7500 business jet to Niki Lauda, our esteemed customer for many years,” said David Coleal, President, Bombardier Business Aircraft. “The Global 7500 aircraft is simply the best business jet on the market. It sets the standard by which all other aircraft in private aviation will be measured, demonstrated by the prestigious design and aviation awards it has garnered. The Global 7500 aircraft is the crown jewel of the industry.”

“I have enjoyed watching the evolution and growth of the Global Aircraft program. I have always been impressed with the expertise, craftsmanship and innovation that go into building every Global business jet,” said Niki Lauda. “The Global 7500 aircraft is the culmination of all the knowledge Bombardier teams have gained over the years and I look forward to experiencing the range, speed and comfort this jet has to offer.”

The Global 7500 jet is the latest in a series of Bombardier business aircraft that Mr. Lauda has owned and piloted during his career as an aviator. Previously, he operated a Global 6000, Global 5000 and Challenger 300 jet as his private aircraft.

Since its entry-into-service, the Global 7500 aircraft has unequivocally proven itself to be the highest-performing aircraft in the industry. The Global 7500 business jet has a top speed of Mach 0.925 and recently flew from Singapore to Tucson, completing a record-setting 8,152 nautical mile flight—the longest-range flight in business aviation history. In addition, it also recently broke the city pair speed record between Los Angeles and New York. The Global 7500 aircraft continues to assert its position as the leader in the business jet market.

The Global 7500 aircraft offers Bombardier’s signature smooth ride and a spaciousness that is unique among business jets. With its award-winning bespoke interior featuring a full-size kitchen and four true living spaces, the Global 7500 jet offers the ultimate in-flight experience. Setting the benchmark for the most exceptional cabin interior, the Global 7500 aircraft offers the most innovative features: Bombardier’s patented Nuage seat, meticulously designed for maximum comfort and the revolutionary nice Touch cabin management system (CMS), a new way to connect with the Global 7500 aircraft cabin through the Bombardier Touch dial, featuring business aviation’s first application of an OLED display.

About Bombardier

Headquartered in Montréal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Embraer Announces CEO Succession

March 20, 2019 / WIL BALDWIN

Paulo Cesar de Souza e Silva concludes his tenure at the end of April and will support the transition process of the company as Senior Advisor of the Board of Directors.

São Paulo, Brazil, March 18, 2019 – Embraer, following shareholder approval of the transaction with Boeing, announces that the current President and CEO of the company, Paulo Cesar de Souza e Silva, concludes a successful professional cycle with the company on April 22, 2019 which is the end of his current two year elected term.

“Paulo Cesar idealized the partnership with Boeing and led the negotiation process of the transaction that will bring Embraer and Brazil to a much more competitive and prominent level in the global aviation industry,” said Alexandre Silva, Chairman of the Board.

For 22 years at Embraer, Paulo Cesar came from the financial market to structure the company’s sales financing area. For six years he was President and CEO of Commercial Aviation and in 2013 launched the E2 Program, the medium-sized commercial jets considered today to be the most efficient in the market.

In 2016, Paulo Cesar became President and CEO of the Embraer Group, with a mission to make the company more efficient, competitive and better prepared to face structural changes in the global aviation market.

His administration established three key initiatives focused on value creation and the sustainability of the company. The first was the transaction with Boeing. The second was the creation of the Passion for Excellence program, a structural transformation project focused on reducing costs and increasing operational efficiency, generating significant annual recurring savings. The third was the creation of EmbraerX, responsible for disruptive innovation and the development of opportunities for the future, such as eVTOL (electric vertical take-off and landing vehicle), a project that will revolutionize urban transport in partnership with Uber.

“Without the support of the Board and Embraer’s 18,000 employees and colleagues, none of our achievements would have been possible”, noted Paulo Cesar. “We are challenged to remain at the forefront of engineering and operations. In Executive Aviation and Defense, and with the KC 390 joint venture with Boeing, we will expand our international competitiveness and everything indicates that we will have another 50 years of success ahead.” And he added: “I am sure that the new leadership of the company will find fertile ground ahead to expand and consolidate Embraer.”

Paulo Cesar was invited to be a Senior Advisor to the Board, with the task of facilitating the integration of the future President and CEO and advising the Board on the monitoring of assets and resources segregation, an integral part of the process of concluding the partnership with Boeing. As it was reported, 96.8% of Embraer’s shareholders approved an agreement with the North American company last February, which should be concluded after obtaining all approvals of the Regulatory and Competitive Agencies in Brazil and abroad.

Embraer also informs that the future President and CEO, to be elected for the next term, will be recruited externally and announced on or before the Ordinary General Assembly on April 22nd.

About Embraer

Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. About every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

Boeing CFO Greg Smith (left), Boeing CEO Dennis Muilenburg (center), and Embraer CEO Paulo Cesar Silva

Story and images from http://www.embraer.com

Bombardier Global 7500 Completes Longest Business Jet Flight in History

March 5, 2019 / WIL BALDWIN

– Global 7500 jet’s extraordinary 8,152 nm flight is the longest mission ever flown by a purpose-built business jet
– Flight also sets record for highest speed over longest distance in business aviation history, connecting Singapore to Tucson, AZ*
– Aircraft landed with fuel reserves well above NBAA requirements; 4,300 lb of remaining fuel represents nearly 1,5 hours of additional flight
– Aircraft provides the industry’s largest cabin and best cabin experience, perfectly suited for trans-oceanic journeys and an exceptionally smooth ride

Bombardier is proud to announce that its Global 7500 aircraft, has once again demonstrated its ability to go the distance by completing the longest range business jet flight in history**, successfully completing an 8,152-nautical-mile flight non-stop, pushing the boundaries of business travel.

The award-winning business jet departed from Singapore Changi Airport at 7:12 a.m. local time and arrived at Tucson International Airport at 8:19 a.m. local time, completing the long-range speed record flight for the city-pair.

“The Global 7500 aircraft was built to break all the records,” said David Coleal, President, Bombardier Business Aircraft. “It achieved the industry’s longest mission ever in business aviation after only two months in service. We’ve demonstrated its unequaled long-range and high speed capabilities, but also its ability to break records confidently with healthy fuel reserves remaining, once again, confirming its unsurpassed performance to customers.”

Since its entry-into-service, the Global 7500 jet has emphatically proven itself to be the highest-performing aircraft in the industry and this record showcases the real-world capabilities of this impressive aircraft. With a top speed of Mach 0.925, the aircraft has unquestionably shown its ability to fly even further than any other business jet with its advertised range of 7,700 nautical miles. The achievement of a flight that reaches 8,152 nautical miles clearly demonstrates that the aircraft is the only business jet with the high-performance capabilities required for long flights. Providing access to these demanding, long-range routes is an invaluable resource for customers.

Over the last two months, the Global 7500 jet has demonstrated exceptional performance and reliability, this first aircraft has completed more than 170 hours of flight around the world.

The Global 7500 aircraft offers spaciousness that is unique among business jets, with its award-winning interior featuring a full-size kitchen and four true living spaces. The Global 7500 aircraft also debuts Bombardier’s patented Nuage seat, which was meticulously designed for maximum comfort and will be exclusive to the new Global family of aircraft.

About Bombardier

Story and images from http://www.bombardier.com

HK Bellawings Firms Order for Four More Global 7500 Jets

About Bombardier

Bombardier Delivers Global 7500 to Racing Legend Niki Lauda

About Bombardier

Embraer Announces CEO Succession

Bombardier Global 7500 Completes Longest Business Jet Flight in History

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