Canada’s Bombardier launched a new long-range business jet on Monday, as it looks to stay competitive in a market that serves the ultra-rich and has remained robust amid COVID-19 driven boom in demand for private aircraft.
The planemaker said the Global 8000 will become the world’s fastest business jet with an ultra-long range of 8,000 nautical miles and a top speed of Mach 0.94.
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The plane will enter service in 2025 and compete with high-end models offered by rivals General Dynamics and France’s Dassault Aviation – the Gulfstream G700 and Falcon 10X, respectively.
Bombardier said the Global 8000 will have a list price of $78 million, slightly higher than the $75 million which its predecessor and the company’s flagship Global 7500 lists for. Both rivals, the G700 and the Falcon 10X, are also priced at $75 million.
The Global 8000 jet, which is of the same size as the 19-seater Global 7500, will come equipped with General Electric’s Passport Engine.
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