Bombardier - CEO, Eric Martel
CEO, Eric Martel
Source: Hydro Quebec
  • Bombardier (BBD.B) has delivered a new Challenger 350 Business Jet to be added to Latitude 33 Aviation’s fleet
  • Latitude 33 will manage the new fleet addition out of San Diego, on behalf of the aircraft owner
  • The Challenger 350 aircraft accounts for a large percentage of super-midsize deliveries in the state of California
  • The new jet will be available for charter out of the US West Coast starting this month
  • Bombardier is down 1.96 per cent, and is currently trading for $0.50 per share

Bombardier (BBD.B) has delivered a new Challenger 350 Business Jet to be added to Latitude 33 Aviation’s fleet.

Latitude 33 manages one of the largest fleets of light, midsize and super-midsize aircraft in North America. The Challenger 350 business jet is currently the aircraft most preferred by its customers for luxury travel experiences.

With the latest addition to the fleet now delivered, Latitude 33 will manage the Challenger 350 out of San Diego, on behalf of the aircraft owner. 

The jet is likely to do well in the state of California, where it is steadily growing in popularity. From 2017 until 2020’s third quarter, the Challenger 350 business jet accounted for 60 per cent of super-midsize deliveries, and outperformed all of its competitors combined.

At full fuel capacity and with eight passengers, the jet’s range of 3,200 nautical miles will be able to take passengers from San Diego to as far as New York or Honolulu, non-stop. The aircraft can also provide swift, convenient access to ski resorts with high elevation and varying weather, including Aspen in Colorado and Jackson Hole in Wyoming.

Latitude 33 Aviation’s Director of Operations, Solomon Short, commented on Bombardier’s delivery of the Challenger 350 jet.

“From day one, our company’s mission has always been to deliver a premium level of aircraft management service not found anywhere else,” he said.

“We are pleased to have provided another exceptional acceptance experience for our client and are privileged to have this extraordinary aircraft join our growing fleet of super-midsize aircraft,” he added.

Latitude 33 will make its newest jet available for charter out of the US West Coast, starting in January 2021. 

Bombardier is down 1.96 per cent and trading for $0.50 per share, as of 12:15pm EST.

More From The Market Online
AI generated stock image

Buzz on the Bullboards: Three engaging TSX stocks with a holiday flavour

The TSX has experienced a rocky week, marked by five consecutive sessions of declines, but several stocks offer compelling opportunities.
Bombardier director Bettina Fetzer

Bombardier onboards Mercedes-Benz VP after director departures

Bombardier (TSX:BBD.A) names Mercedes‐Benz AG's Bettina Fetzer to its board of directors effective January 1, 2025.