MONTREAL (Reuters) - Canadian aircraft leasing company Global Vista, one of the largest customers for Bombardier’s long-range Global 7500 business jet, said on Thursday it expects greater demand for the plane after Canadian and U.S. regulators certify the aircraft.
Bombardier expects Canadian certification this month, a necessity if the Montreal-based plane-and-train maker is to begin delivering its flagship business jet to clients, Reuters reported this week citing sources. Regulator Transport Canada has the final say on timing.
“My personal belief is that after the aircraft is certified there will be pent-up demand because people want to see a certified aircraft,” Vista Global Chairman Thomas Flohr said in a phone interview.
The Global 7500, which is sold out until 2021, is expected to enter service this year and is crucial to Bombardier’s turnaround efforts after it sold a majority stake in its CSeries commercial jetliner program to Europe’s Airbus.
Bombardier has not disclosed the number of orders it has received for the Global 7500, which will challenge U.S rival Gulfstream Aerospace’s dominance of the top end of the market for long-range corporate planes.
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https://www.reuters.com/article/us-bombardier-businessjets-customer/vista-global-sees-higher-demand-for-bombardier-7500-after-certification-idUSKCN1M02ZK