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8h ago

Bombardier Names BOND as Buyer of 50‑Jet Order in Long‑Term Service Tie‑Up

Led by Bill Papariella, the venture pursues a premium fractional model backed by KKR financing.

A view shows Bombardier's private jet completion center in Montreal, Quebec, Canada February 6, 2025. REUTERS/Evan Buhler
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Overview

  • Bombardier identified BOND at NBAA-BACE as the customer behind June’s firm order for 50 aircraft alongside a comprehensive service agreement valued at $1.7 billion.
  • The deal includes 70 purchase options that, if exercised, would push the total value of aircraft and services to more than $4 billion.
  • Deliveries are scheduled to begin in 2027 for Challenger and Global models, supported by access to Bombardier’s global maintenance network, 24/7 technical support, parts availability and predictive maintenance tools.
  • Forbes reports BOND is led by former Jet Edge chief Bill Papariella, with KKR leading approximately $320 million in preferred equity and debt financing for the launch.
  • BOND plans a high-end fractional program centered on Challenger 3500 and Global 6500/8000 jets with a cap of 10 owners per aircraft, extra standby capacity, pre-positioned aircraft and first flights targeted for 2027.