Bombardier owned another major approval for its flagship Global 7500 with European Aviation Safety Agency (EASA) validation. The aircraft firm is now registered in a Europian country and it linked the company to a major market for its 7,700-nautical mile, four-zone business jet.
The EASA approval followed the certification given by Transport Canada in September and the approval in November of the United States FAA. The Global 75000 aircraft officially started transporting clients on December 20. It is a month prior to the first flight of the FTV1. The test flight proved that the plane can fly by a 300-nautical-mile range extension and it pushed aside its competitors including Gulfstream's 7,500-nautical-mile G650ER.
Micheal Ouellette, Bombardier Business Aircraft senior vice president of program management and engineering, said that they have transformed business aviation with the Global 7500. He claimed that they have the longest range in the industry and the aircraft can connect into more international cities nonstop.
The company claims that the aircraft have exceeded the original takeoff and landing performance commitments and it can operate at challenging destinations including Sion and. St. Moritz, Switzerland. The plane can also connect New York to Hong KJong and Singapore to San Francisco without the need to land while flying eight passengers and standard NBAA IFR fuel reserves.
The company said that they are planning to market the plane into 2020. They plan to deliver around 15 to 20 of the Global 7500 this 2019 as they double their rate around 35 to 40 in 2020.
The company announced last December that they will deliver the company's biggest luxury airline debut which is two years later that what they have planned. They also announced they planned their Montreal event that will mark the entry into service of the new aircraft.
The company believes that the Global 7500 plane will generate at least $2.5 billion dollars of annual sales bu 2020 as they focus on business jets and trains. The company needs the boost from its long-range planes as it endures its $9.5 billion in adjusted debt and bind maturities which will start in 2020.
The company's Chief executive Office Alain Bellemare postponed the debut of the plane in 2015 to the second half of 2018 sue to unspecified challenges with the plane's development. David Coleal announced last year that they are planning to ship 15 to 20 Global 7500s in 2019.