Flexjet Doubles Firm Order for Learjet 85s

AINalerts » October 21, 2013
Steve Ridolfi and Kenn Ricci
Bombardier Business Aircraft president Steve Ridolfi (left) has received a “vote of confidence” from Kenn Ricci, soon to be owner of the Bombardier’s Flexjet fractional aircraft program. Ricci increased Flexjet’s firm order for new Learjets to a total of 115, including 60 Model 85s. (Photo: Mark Wagner)
October 21, 2013, 6:00 PM

Flexjet, which will soon be owned by Directional Aviation Capital, doubled its firm order for Learjet 85s today at NBAA 2013. This latest transaction puts the Flexjet order at 115 firm aircraft from Bombardier–including 60 Learjet 85s–and options for 150 more. If all of the options are exercised, this brings the order value total to $5.6 billion

“We’re proud to see Flexjet placing their trust in our new Learjet 85,” said Bombardier Business Aircraft president Steve Ridolfi. “This endorsement is a tremendous vote of confidence as we move towards the first flight of the Learjet 85 jet before the end of the year.”

The key products in Flexjet’s overall order from Bombardier, according to Directional Aviation Capital chairman Kenn Ricci, are the soon-to-be-certified Learjet 75 LXI (a set of custom interior options marks this Flexjet-only design) and the Learjet 85, which made its public rollout last week in Wichita.

“Learjet aircraft is without a doubt an iconic product,” said Ricci. “Significant customer demand has convinced us that increasing the size of the Learjet 85 fleet is not only necessary, but will give us a significant product advantage. With a modern interior, range capability and speed, the Learjet 85 will support our discerning clients and leave us uniquely positioned for our future needs.”

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