Bombardier to unveil $73 mn luxury jet, 'Global 7500', next week
The Global 7500 can fly nonstop from San Francisco to Singapore.
By Bloomberg | Updated:
Agencies
The luxury jet made it's debut two years later than when it was supposed to. (Image: businessaircraft.bombardier.com)
By Frederic Tomesco
Bombardier Inc. says it will deliver its first Global 7500 next week as the company’s biggest luxury jet makes its commercial debut two years later than initially planned.
The planemaker is planning an event near Montreal on Dec. 20 to mark the entry into service of its newest aircraft, according to a statement Tuesday. The Global 7500, which can fly nonstop from San Francisco to Singapore, has a list price of about $73 million. The company didn’t identify the customer.
The Bombardier Global 7500 has a luxurious interior.(Image: businessaircraft.bombardier.com) Bombardier is counting on the Global 7500 to generate at least $2.5 billion of annual sales by 2020 as the Montreal-based manufacturer trims its commercial-plane operations to focus on business jets and trains. Canada’s largest aerospace company needs the boost from the long-range plane as it grapples with $9.5 billion in adjusted debt and bond maturities starting in 2020.
In July 2015, Chief Executive Officer Alain Bellemare pushed back the Global 7500’s commercial debut by two years to the second half of 2018. At the time, the company cited unspecified “challenges” with the development of the plane, which was then known as the Global 7000.
Oberoi Sukhvilas: Luxury comes calling, amidst Nature
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At the sprawling Oberoi Sukhvilas Resort and Spa, spread over 25 acres, Nature meets luxury. Located in a place called New Chandigarh, it's a 40-minute drive from the Chandigarh city airport.
At the sprawling Oberoi Sukhvilas Resort and Spa, spread over 25 acres, Nature meets luxury. Located in a place called New Chandigarh, it's a 40-minute drive from the Chandigarh city airport.
It is surrounded by over 8,000 acres of the Siswan forest at the foothills of the outer Himalayas. And thanks to its proximity to the hills, the morning sky is a pure blue vision, while the evening one leaves you gazing at the stars.
It is surrounded by over 8,000 acres of the Siswan forest at the foothills of the outer Himalayas. And thanks to its proximity to the hills, the morning sky is a pure blue vision, while the evening o..
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Dressed in a pale shade of royal yellow, the main building houses the lobby, a restaurant and a bar. The resort is dotted by cusped arches, colonnaded verandas and ornate plaster work along with flaming torches.
Dressed in a pale shade of royal yellow, the main building houses the lobby, a restaurant and a bar. The resort is dotted by cusped arches, colonnaded verandas and ornate plaster work along with flam..
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From the stone jaalis to the baradari with carved stone columns, architect Ravi Kumar Gupta has relied a bit on history and nostalgia. He also seems to have drawn a lot of reference from Rajput and Mughal architectural patterns.
From the stone jaalis to the baradari with carved stone columns, architect Ravi Kumar Gupta has relied a bit on history and nostalgia. He also seems to have drawn a lot of reference from Rajput and M..
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For those wanting to have a home-away-from-home experience, there is the one-bedroom Luxury Villas. The 1,500 square feet-big unit comes with a fireplace, a private garden and a pool as well.
For those wanting to have a home-away-from-home experience, there is the one-bedroom Luxury Villas. The 1,500 square feet-big unit comes with a fireplace, a private garden and a pool as well.
Apart from the Luxury Villas, the Oberoi Sukhvilas also has 5 Royal Forest Tents. Borrowing heavily from the days of the Raj when caravans traversed through the desert, these are triple canopied, with subtle jungle theme design elements, and teak wood floors.
Apart from the Luxury Villas, the Oberoi Sukhvilas also has 5 Royal Forest Tents. Borrowing heavily from the days of the Raj when caravans traversed through the desert, these are triple canopied, wit..
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The tents are a throwback to the royal era, with four-poster beds, chandeliers, teak and sheesham furniture tinged in gold, deep-soaking tubs and exquisite handcrafted furnishings.
The tents are a throwback to the royal era, with four-poster beds, chandeliers, teak and sheesham furniture tinged in gold, deep-soaking tubs and exquisite handcrafted furnishings.
Anant Mahal, the all-day multi-cuisine restaurant, is adorned with traditional fireplaces, crystal chandeliers and hand-painted wall frescoes. The menu, helmed by Chef Simran Singh Thapar, is a mix of international and Indian cuisines, with a lot of locally-grown ingredients being used.
Anant Mahal, the all-day multi-cuisine restaurant, is adorned with traditional fireplaces, crystal chandeliers and hand-painted wall frescoes. The menu, helmed by Chef Simran Singh Thapar, is a mix o..
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The 40-seater Raunaq Bar pays homage to Sikh warriors of yore. The bar, which is a concealed one, also boasts of some heady cocktails like Under the Tuscan Sun, and The Mexican. Sikh warriors gaze at you from their battlefields while you lounge in armchairs!
The 40-seater Raunaq Bar pays homage to Sikh warriors of yore. The bar, which is a concealed one, also boasts of some heady cocktails like Under the Tuscan Sun, and The Mexican. Sikh warriors gaze at..
David Coleal, who runs the company’s business-aircraft unit, said last week that Bombardier is planning to ship 15 to 20 Global 7500s next year, with most of those deliveries in the second half. Shipments of the jet will likely climb to as many as 40 in 2020 as Bombardier seeks to grab market share from General Dynamics Corp.’s Gulfstream G650.
Bombardier advanced 4.3 percent to C$2.19 at 11:53 a.m. in Toronto. The shares fell 31 percent this year through Monday, while a Standard & Poor’s index of Canadian industrial stocks was little changed.
Bombardier shares drop 9% after Trump threatens Canada with aircraft tariffs, decertification2026-01-30T16:04:46Z
