Bombardier Business Aircraft has secured a firm order for 20 Challenger 350 aircraft from an undisclosed customer.
Based on the 2016 list prices, the order is valued at around $534m.
The Challenger 350 aircraft is claimed to feature the latest functionality in the avionics industry. The jets also have advanced cabin features in the entire Challenger family.
Bombardier Business Aircraft president David Coleal said: "With its outstanding performance and reliability, the class-leading Challenger 350 aircraft dominates the super-midsize segment and continually outperforms, it’s simply one of the best business jets in the market."
Last November, the company signed a memorandum of understanding (MoU) with Flexjet, which provides fractional jet ownership and leasing, for 20 Challenger 350 aircraft that received EASA certification in 2014.
The deal was valued at around $544m based on the current list price for standard-equipped aircraft.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFlexjet chief executive officer Michael Silvestro had then said: "We are experiencing growing demand in the super midsize segment, where owners are seeking more spacious and luxurious cabins, coupled with greater speed and range.
"Our owners have already expressed their appreciation for the luxurious comfort and superior performance of the Challenger 350 aircraft, and we look forward to offering them more options for an outstanding experience."
Image: Challenger 350 aircraft received EASA certification in 2014. Photo: courtesy of Bombardier.
