Bombardier bets on Global business

Bombardier is beefing up its range of Global business jets as the Canadian aerospace giant bets on a sustained recovery in high-end business travel.

The company, which employs around 4,000 in Northern Ireland, yesterday said it expects to generate increased revenues from the two new longer-range variants of its existing large-cabin Global corporate jets.

The Global 5500 and 6500 jets are expected to offer a 13pc improvement on fuel and longer ranges compared with the plane- and train-maker‘s existing Global 5000 and 6000 aircraft. The jets will also have new wings, interiors and Rolls Royce engines among other upgrades, Bombardier spokesman Mark Masluch said.

The 5500 and 6500, which have the same bodies as Bombardier‘s current Globals, will be manufactured at the company‘s existing Canadian production lines.

The new jets are expected to receive certification in 2019, ahead of delivery by the end of next year and will drive a “premium price”, Mr Masluch said.

The Global 5500, which lists for $46m (€39.5m), has a range of 5,700 nautical miles and can connect Sao Paolo and Paris. The Global 6500, which lists for $56m (€48m), has a range of 6,600 nautical miles and can connect Hong Kong and London, Bombardier said. (Reuters)

Irish Independent