Bombardier Introduces New Global 5000: Scheduled to Fly in 2003, Enter Corporate Service in 2004
MONTREAL, QUEBEC--OCTOBER 25, 2001 - 11:42 EDT Bombardier today introduced the Bombardier Global 5000*, a high-speed intercontinental business jet that will set new standards in the super-large jet niche market.
The Bombardier Global 5000 will fly non-stop from central North America to continental Europe at a speed of Mach 0.85 (561 mph; 903 km/h), with eight passengers plus three crew. It will also fly non-stop at Mach 0.85 (561 mph; 903 km/h) from Europe to central North America. The Bombardier Global 5000 will enter corporate service in late 2004.
Bombardier Aerospace is now seeking commitments from prospective customers, heading towards a formal program launch within the next few months. The program is currently in development and first flight is anticipated in the first quarter of 2003. Type certification is expected in the first quarter of 2004.
"The Bombardier Global 5000 will become the new standard in intercontinental, high-speed travel," said Robert E. Brown, president and chief executive officer, Bombardier Inc. "It continues the Bombardier tradition of providing a superior aircraft to business jet customers at a competitive price and will become the jet against which all aircraft in its class must be measured."
"We are currently designing the Bombardier Global 5000 to deliver great value in its class. It will offer one of the widest and most spacious cabins in its class, be able to take off from short runways, be fully compliant with Transport Canada, Federal Aviation Administration and Joint Aviation Authorities' stringent regulatory requirements - all at a competitive price," added Pierre Beaudoin, president and chief operating officer, Bombardier Aerospace.
The Global 5000 - Bombardier's 12th new aircraft in 12 years - is positioned between the top-selling wide body Challenger(R) 604 and the ultra long-range Bombardier Global Express(R) aircraft. It will compete in the super-large jet segment which, according to industry forecasts, will require some 750 aircraft by the year 2010.
Bombardier officials introduced the aircraft during a ceremony at its Montreal Completion Center. The occasion was attended by some 200 guests including Bombardier customers, prospects, aviation industry officials, aviation/trade press, local media and special guests.
Rich lineage
Bombardier invested 24 months to study the market requirements and then explored its design options - before determining that the Global Express platform was the best choice to meet the specific market needs.
"The Bombardier Global 5000 was driven by Bombardier prospective's customers telling us what they need and want in a new super-large business jet," remarked Mr. Beaudoin. "The Bombardier Global 5000 inherits the speed, superior performance capabilities and sophisticated systems from its parent, our flagship Bombardier Global Express.
"Operators will truly benefit from this lineage. This allows us to develop a product that the market has asked for - offering more range at high speed, more versatility and more cabin space than other aircraft in its class. And, it will enter corporate service very quickly," stated Mr. Beaudoin.
As it has with previous aircraft development programs, Bombardier is teaming with international risk-sharing participants to design and produce critical components and aircraft systems.
Bombardier Aerospace has developed a high degree of design expertise in business aircraft ranging from the Bombardier Learjet(R) 45 super-light jet, with its first delivery in May 1998, the Bombardier Global Express ultra long-range aircraft, with its first delivery in July 1999, right up to the super-midsize Bombardier Continental* aircraft, currently beginning its flight test and certification program.
Additionally, Bombardier Global 5000 operators will benefit from Bombardier's expertise in designing and building the industry's leading regional aircraft, enjoying airliner reliability and maintainability, and competitive operating costs.
"By applying new technologies in design and manufacturing and committing to superior standards of quality control, Bombardier Aerospace has a proven ability to design, build and support the highest quality products and services. The Bombardier Global 5000 will reach the market with quality and reliability that is amoung the highest for a new aircraft," observd John Holding, executive vice-president, Engineering and Product Development, Bombardier Aerospace.
Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet fractional ownership, aircraft charter and management, technical services, aircraft maintenance, and pilot training for business, regional airline and military customers.
Bombardier Inc. a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and its revenues for the fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn.
(R) Registered trademarks of Bombardier Inc. and/or its subsidiaries
* Trademarks of Bombardier Inc.
Note to Editors: Artist Rendition of the Bombardier Global 5000 and photo of today's event will be available on our Web site photo gallery at: www.aero.bombardier.com/htmen/F15.htm - as well as via the Canadian Press. |