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NetJets to become launch customer for Bombardier Global 8000

NetJets placed a firm order for four Bombardier Global 8000, a deal valued at $312 million that will make it the fleet launch customer for Bombardier’s new flagship aircraft. The agreement also includes the conversion of eight existing Bombardier orders to Global 8000s.

This transaction adds to NetJets’ Global 7500 aircraft currently on order and in service. NetJets plans to build a fleet of 24 Global 8000 aircraft, as the private aviation firm will also work with Bombardier to upgrade the entire in-service Global 7500 fleet to Global 8000 jets when they begin taking delivery of the latter. NetJets could subsequently grow this fleet through a series of options available in the coming years.

Bombardier’s new flagship Global 8000 aircraft, introduced earlier in 2022 at EBACE in Geneva, is rated for a top range of 8,000 nautical miles – connecting Dubai-Houston, Singapore-Los Angeles, London-Perth – and maximum speed of Mach 0.94.

“NetJets’ experience and expertise make them the ideal partner to unlock the full potential of this revolutionary Mach 0.94 business jet in a large fleet context,” said Eric Martel, President and CEO, Bombardier.

Originally incorporated in 1964 as Executive Jet Airways, NetJets Inc. is today a Berkshire Hathaway and holds a global fleet of more than 850 aircraft.

“With inventory sold out through 2023 in the U.S., we are continuing to invest in further expansion for prospective owners in North America and across the globe,” said Patrick Gallagher, President of Sales, Marketing, and Service, NetJets. “In fact, by the end of 2023, we are proud to share that our worldwide fleet will be approximately 30 per cent larger than it was in the beginning of 2022.”