Bombardier Signs LOI with HK-Based Aircraft Management Company
JUN 11, 2018 - 7:13 am
Bombardier signed a letter of intent (LOI) for up to 18 Global 6500 and Global 7500 business jets with HK Bellawings Jet Limited, an aircraft management company based in Hong Kong. If all firm orders and options are exercised, the transaction would be valued at approximately $1.14 billion based on 2018 list prices.
“We’re thrilled with the tremendous response we have received since launching our newest Global aircraft just days ago,” said Peter Likoray, senior vice president of Worldwide Sales and Marketing for Bombardier Business Aircraft. “Our leading Global aircraft will contribute to the continued success of HK Bellawings Jet Limited and its operations in the region.”
“We are glad to announce our letter of intent to purchase 18 Global 6500 and Global 7500 on the first day of EBACE. Global 6500 and Global 7500 are the top-of-the-range aircraft from Bombardier’s latest generation. The two models align with HK Bellawings’ rapid development to be a one-stop business aviation solution, empowering us to reach higher and further in the long run,” said Zhang Yijia, HK Bellawings’ president.
Based in Hong Kong, HK Bellawings Jet Limited is a business jet management company dedicated to providing professional, highly efficient and comprehensive business aviation services and solutions, which include business jet management, aircraft maintenance, travel concierge service, aircraft acquisition service, and business aviation consultancy. It operates a fleet of Challenger and Global business aircraft.
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