Official delivery of the aircraft to NetJets Europe expected mid-2015

GENEVA, Switzerland. - Tuesday, May 20th 2014 [ME NewsWire]

(BUSINESS WIRE) The fractional ownership leader, NetJets Europe, has today announced that it will be taking delivery of the Signature Series™ Challenger 350 aircraft from Bombardier Business Aircraft. The all new Challenger 350 will join the European fleet as an industry leading super-midsize aircraft in mid-2015, following the delivery this summer to NetJets US. The additional aircraft on order are scheduled to arrive over the next few years.

Marine Eugene-Beveridge, Head of Sales at NetJets Europe, comments: “We are delighted that we will be receiving the Signature Series™ Challenger 350 in Europe. The exclusive aircraft which comfortably seats nine passengers, is ideal for our European customers with its reach not only across the continent, but with easy access from London to even farther afield destinations such as Tel Aviv and Lagos.”

The Challenger 350 aircraft has been available for pre-sale in the US market for the past year and its success is one that NetJets is excited to replicate in Europe. Mrs Eugene-Beveridge adds that: “the US fleet has seen great interest over the past year reaching into the ninth aircraft in terms of pre-sale, which is in excess of our initial plans. We have accelerated our delivery schedule with Bombardier after selling through our initial allotment sooner than expected. With this uptake in the US, we are enthusiastic with the opening of the Challenger 350 for pre-sale to our European customers.”

NetJets worked closely with Bombardier to build the Signature Series™ Challenger 350 to its customers’ exacting specifications – from the custom cabin interior to the specific technical and performance characteristics. The new aircraft will offer customers greater cabin comfort, larger windows to create a lighter and more airy cabin environment, and an advanced HD wireless entertainment system. It is equipped with state-of-the-art avionics and delivers an increased wingspan, improved engine and efficiency features.

The high performance aircraft will be a truly transcontinental jet, with a range of 3,786 sm (6,093km) and over seven hours flight time, while its outstanding runway performance gives access to even the most remote airports. As part of the new NetJets Signature Series™, the Challenger 350 aircraft benefits from numerous features and enhancements that are unique to NetJets.

The addition of the NetJets Signature Series™ Challenger 350 to the NetJets worldwide fleet is part of NetJets’ plan to add up to 670 new aircraft with a total value of $17.6 billion over 10 years. In addition to the Bombardier Challenger 350, Global 6000 and Embraer Phenom aircraft, the company globally will be adding the following aircraft: the Cessna Citation Latitude as well as the Bombardier Global 7000 and 8000 aircraft.

“The successful launch of the Signature Series™ aircraft by NetJets demonstrates the history of innovation and strength we are known for,” Mrs Eugene-Beveridge concludes. “The rejuvenated fleet was designed and planned based on what is important to our customers, and the success of the initial launch suggests that we delivered on this and that they have confidence in their investment with NetJets.”

The NetJets Signature Series™ aircraft: NetJets recently introduced the NetJets Signature Series™ aircraft, which are new aircraft that are entering the NetJets fleet that are customised from design through production and include advanced cockpit and cabin technologies to ensure maximum safety, reliability and operating efficiency as well as advanced in-flight entertainment systems and custom cabin designs. The NetJets Signature Series™ of aircraft, among others, include the Bombardier Global jet family and the Challenger jets, and the Embraer Phenom 300.

Notes to editors:

    Customers and prospects interested in the Signature Series™ Challenger 350 should contact NetJets Europe sales on +44 207 361 9600.
    Follow @NetJets on Twitter for news, photos and a behind-the-scenes looks at the world leader in private aviation.

About NetJets Europe

NetJets Europe was founded in 1996 and today is the largest business jet company in Europe. As the only pan-European business aviation company with its own fleet, NetJets Europe, through NetJets Transportes Aéreos S.A. (NTA), is uniquely capable of delivering a consistent, world-class service with an unparalleled commitment to safety and security. NTA was the first business jet operator to be awarded the IOSA certificate, the highest safety accreditation in the world. NetJets Europe employs a total workforce of more than 1,300 and has over 130 aircraft. NetJets Europe is the marketing agent of NetJets Transportes Aéreos S.A., an EU air Carrier. www.netjets.com

Contacts

For more information or images:

NetJets Europe

Jennifer Tyler, +44 (0)207 361 9512

Global Public Relations

jtyler@netjets.com

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