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"GLOBAL EXPRESS 7000, Private Jet Charter!"
It’s customary for new leadership teams to conduct broad product-portfolio reviews, and while they rarely result in wholesale changes to major programs, they sometimes lead to surprising outcomes that observers may not have anticipated.
"Global Express 7000 Private Jets"
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Those commitments include entry into service for the Global 7000 in 2016, and the Global 8000 the following year.
The Global 7000 program was launched in 2010. The aircraft are a stretched and updated version of Bombardier’s Global Express jet, not clean-sheet designs.
Milestones have defined aviation for as long as there has been an aircraft industry—first flight, the fastest, the highest flying, the longest range, introductory rollout, and so on.
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They are a measure of not just technology innovation, but also the industry’s progress and companies’ ability to compete in an unforgiving, highly competitive marketplace.
Compared to this, the Global 8000 has a better range at 7,900 nm, but will be able to carry a maximum of 13 passengers. Out of the two, Global 7000 is going to be costlier at $75 million, and Global 8000 is expected to carry a sticker price of $71 million.
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In order to make the jets compete head to head with Gulfstream’s flagship offering, Bombardier has given the jets features that are much similar to G650. The Global 7000 will be able to travel 7,300 nautical miles (nm) non-stop, will sport a maximum operating speed of Mach 0.90 and will be accommodate up to 17 passengers.
Apart from being a prominent entity in the commercial aviation space, Bombardier also excels in manufacturing business jets.
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In fact, the company was the top business jet seller, in terms of revenue, for straight eight years, between 2005 and 2012.
It was only recently in 2013 when Gulfstream, the aviation arm of General Dynamics (NYSE:GD), dethroned the Canadian firm to become the top business jet seller, on the back of the stupendous demand for its flagship G650ER jet.
The year 2013 was a different year for Bombardier. Despite selling more number of jets, the company ended up in the second place since Gulfstream’s total value of deals was more.
"Global Express 7000 Private Flights"
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The popularity of the jet has reached such a level that existing owners who has just got their hands of the jet are ready to sell it off at a $10 million to $15 million premium - a very popular concept known as aircraft flipping.
So far Bombardier has been earning a third of its business aviation revenues from larger jets and the balance from small and mid-sized jets.
But with the Global 7000/8000 in the picture, analysts expects the contribution of larger jets to shoot up significantly.
"GLOBAL EXPRESS 7000, Private Jet Charter!"
It’s customary for new leadership teams to conduct broad product-portfolio reviews, and while they rarely result in wholesale changes to major programs, they sometimes lead to surprising outcomes that observers may not have anticipated.
"Global Express 7000 Private Jets"
global express 7000, jet charter, private flights, charter aircraft, interior global express
Those commitments include entry into service for the Global 7000 in 2016, and the Global 8000 the following year.
The Global 7000 program was launched in 2010. The aircraft are a stretched and updated version of Bombardier’s Global Express jet, not clean-sheet designs.
Milestones have defined aviation for as long as there has been an aircraft industry—first flight, the fastest, the highest flying, the longest range, introductory rollout, and so on.
"Jet Charter Global Express 7000"
global express 7000 inside, private jet charter, heavy jets, private jets, private aircraft
They are a measure of not just technology innovation, but also the industry’s progress and companies’ ability to compete in an unforgiving, highly competitive marketplace.
Compared to this, the Global 8000 has a better range at 7,900 nm, but will be able to carry a maximum of 13 passengers. Out of the two, Global 7000 is going to be costlier at $75 million, and Global 8000 is expected to carry a sticker price of $71 million.
"Global Express 7000 Charter Flights"
global express 7000 flights, private jet charter, aircraft flight, private airplanes, private jets
In order to make the jets compete head to head with Gulfstream’s flagship offering, Bombardier has given the jets features that are much similar to G650. The Global 7000 will be able to travel 7,300 nautical miles (nm) non-stop, will sport a maximum operating speed of Mach 0.90 and will be accommodate up to 17 passengers.
Apart from being a prominent entity in the commercial aviation space, Bombardier also excels in manufacturing business jets.
"Global Express 7000 Plane Charter"
global express 7000 planes, jet charter flights, jet planes, private flights
In fact, the company was the top business jet seller, in terms of revenue, for straight eight years, between 2005 and 2012.
It was only recently in 2013 when Gulfstream, the aviation arm of General Dynamics (NYSE:GD), dethroned the Canadian firm to become the top business jet seller, on the back of the stupendous demand for its flagship G650ER jet.
The year 2013 was a different year for Bombardier. Despite selling more number of jets, the company ended up in the second place since Gulfstream’s total value of deals was more.
"Global Express 7000 Private Flights"
global express 7000 flight, charter flight, aircraft flights, private jet charter
The popularity of the jet has reached such a level that existing owners who has just got their hands of the jet are ready to sell it off at a $10 million to $15 million premium - a very popular concept known as aircraft flipping.
So far Bombardier has been earning a third of its business aviation revenues from larger jets and the balance from small and mid-sized jets.
But with the Global 7000/8000 in the picture, analysts expects the contribution of larger jets to shoot up significantly.
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