Bombardier today confirmed that in March 2010, Qatar Airways placed firm orders for two Global 5000 aircraft, valued at approximately $90 million US, based on the 2010 list price for typically equipped aircraft. The business jets are scheduled for delivery in the fall of 2010 and August 2011 and will be based in Doha, capital of the State of Qatar.
"Global business aircraft are renowned for their exceptional performance and reliability in demanding climate and weather conditions,” said Akbar Al Baker, CEO, Qatar Airways. “The Global 5000 jet’s speed and range, combined with its luxurious cabin, made it the optimum choice to meet the needs of corporate travelers who strongly value the importance of time management and a hassle-free travel experience.”
Qatar Airways is one of the fastest growing international airlines operating one of the youngest fleets in the world. From its hub in Doha, the airline has developed a global network of destinations, covering Europe, the Middle East, Africa, Asia Pacific, North America and South America. With a modern fleet of 84 aircraft, Qatar Airways flies to 92 destinations worldwide. The new Global 5000 aircraft will join the airline’s corporate jet subsidiary, Qatar Executive, which currently features one Challenger 300 jet and two Challenger 605 jets in its fleet.
“These sales to Qatar Airways are an affirmation of the value of corporate aviation in the Middle East and worldwide,” said Steve Ridolfi, President, Bombardier Business Aircraft. “Qatar Airways recognizes that there is a need for both commercial and business aviation and as such have invested in both markets, much like Bombardier. We applaud Qatar’s innovative approach and decision to select Bombardier business aircraft for their corporate jet fleet.”
The super large Global 5000 jet combines superior transatlantic speed with the largest cabin in its market segment. It features high-speed Internet connectivity and unmatched entertainment options as well as a heads-up flight display system, with one of the largest field-of-view of any business aircraft. With a recent range increase of 400 NM (741 km) the jet can now connect Doha-Hong Kong non-stop with eight passengers and three crew*.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.
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*Under certain operating conditions.
Bombardier, Challenger 300, Challenger 605, Global, and Global 5000 are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.
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