NetJets Europe Unveils First Signature Series Challenger 350 Aircraft at EBACE

GENEVA, SWITZERLAND--(Marketwired - May 18, 2015) -

Editors Note: There is a photo associated with this press release.

NetJets Europe - a Berkshire Hathaway-backed company, today unveiled the company's first European Signature Series Bombardier Challenger 350 aircraft at a media briefing at the European Business Aviation Convention and Exhibition (EBACE) in Geneva.

Jordan Hansell, NetJets Chairman and CEO, spoke alongside Alain Bellemare, President and CEO, Bombardier Inc., and reaffirmed the company's steady performance in Europe over the past 12 months and talked through the upcoming aircraft deliveries and fleet renewal plans for 2015 and beyond.

"NetJets announced it was to be the launch customer for the Challenger 350 aircraft at EBACE back in 2013," Hansell said. "We have 75 firm orders planned and an additional 125 optional orders available. These deliveries alone are worth $5.4 billion US (EUR4.8 billion) - cementing our position as a market leader in fractional ownership business aviation and reinforcing our commitment to continue investing for our clients. We already have 11 Challenger 350 aircraft operating in the United States, and Europe will receive a total of four this year. These are proving to be a very popular choice of super mid-size aircraft for our customers, and we are selling shares at a fast rate. The market is continuing to show signs of improvement in Europe," said Hansell.

NetJets pioneered the concept of Signature Series jets in 2012, which means clients can experience cabin interiors and technical specifications that are only found on NetJets' aircraft. The internal design team works alongside Bombardier to ensure client feedback along with step-change innovations in business jet design are taken into account when customising the final product.

Hansell added, "We're particularly proud of what we've achieved with our Signature Series jets at NetJets. All of the cabin materials you see on-board the Challenger 350 aircraft are hand-selected by our design team. This is complemented with iPads on-board each aircraft that feature pre-loaded entertainment content, along with a Blu-ray player and HD monitors. Additionally, our Signature Series Challenger 350 jets in Europe will have in-flight entertainment available later this year, which helps set us apart further from the competition."