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Saturday, July 22, 2017


Four Challenger 650 Business Jets Leased to Zetta Jet

  • The first Challenger aircraft to join Zetta Jet's fleet of Global business jets
  • Challenger 650 aircraft delivers the widest cabin and only true 12-passenger capability in its class

Bombardier Business Aircraft announced today that four Challenger 650 jets will join the Global fleet of Singapore-based charter operator, Zetta Jet. The announcement follows the signature of a purchase agreement between China’s Minsheng Financial Leasing Co., Ltd and Bombardier Business Aircraft, as well as the signature of a strategic agreement on the co-operation in aircraft leasing between Minsheng Financial Leasing and Zetta Jet, at the National Business Aviation Association’s (NBAA) 2016 Convention and Exhibition in Orlando, Florida. The aircraft order is valued at approximately $129.4 million US based on 2016 list prices.

“This agreement strengthens our position in the Asian aviation market by diversifying our fleet to include Challenger business jets and enhancing our offering to our elite clientele,” said Geoffery Cassidy, Managing Director, Zetta Jet. “Minsheng Financial Leasing is both a key partner of Zetta Jet and a leading player in China’s financing market, and this agreement signals the confidence they place in the growth potential of Zetta Jet, its business model and the addition of Challenger 650 aircraft to our fleet. With its breakthrough design attributes and unique expressions of comfort, control and connectivity, the Challenger 650 aircraft and its widest-in-class cabin create the ultimate inflight experience for Zetta Jet’s ultra VIP travellers.”

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Zetta Jet was established in August 2015, and is based in Singapore. The four Challenger 650 business jets will operate out of the company’s North American hub in Los Angeles and cater to the increasing demand for its luxury travel services between North America and the South East Asian (SEA) region.

“We are delighted to collaborate with Zetta Jet, the fast-growing, industry-leading private jet operator in Asia, to bring four Challenger 650 aircraft to Zetta Jet’s elite clientele,” said Zhou Wei, Chairman, Minsheng Financial Leasing Co., Ltd. “Both parties are confident in our partnership and in the Asian business aviation market. We look forward to the success of this agreement.”

“We are thrilled that Zetta Jet has chosen to grow its fleet with Bombardier’s Challenger 650 aircraft,” said Peter Likoray, Senior Vice President, Sales and Marketing, Bombardier Business Aircraft. “With its redefinition of the ultimate inflight experience, proven reliability and efficiency, and the industry’s-best overall value, the Challenger 650 aircraft provides Zetta Jet’s exclusive customers with everything they need and more.”

As the backbone of many corporate fleets, Challenger aircraft are designed to facilitate inflight meetings and have set the business aviation standard for reliability, efficiency and productivity for over 30 years. With over 1,600 aircraft in the installed base, the in-service Challenger fleet has performed more than 3,300,000 landings and logged over 5,700,000 flight hours.

Source : Bombardier Aerospace - view original press release

Published on ASDNews: Oct 30, 2016

 

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