The Global 7000 is being dubbed as “The Architect”
Flying first class is great. But if you’re a billionaire, or worth at least a quarter of that amount, you’d want a private jet to go from breakfast in Geneva to dinner in Dubai without breaking a sweat. The private jet market is on the rise again. One of the newest jets to debut in the market is this Bombardier Global 7000.
Three of these jets have completed over 500 hours of flight testing. The first flight was conducted a year ago. The Global 7000 is a landmark aircraft for Bombardier. In 2015, the company was on the brink of bankruptcy when it outlined a bold five-year plan. A significant part of that plan was the Global 7000 which, according to Reuters, is expected to add $300 million to the company’s operating profit and account for nearly a third of its forecasted $10 billion in business jet revenues by 2020.
The 111-foot long aircraft is now the world’s largest business jet. It is divided into four distinct zones and can seat up to 19 passengers. Club Suite has four seats with fold-away tables and is where business deals are struck. The Conference Suite can accommodate up to six guests in a space where gourmet three-course meals will be served up. The Entertainment Suite has a large high-def TV and state-of-the-art audio system and of course internet connectivity which is hooked up to satellite technology for high-speed internet access. Retire in the Master suite which has a full-sized bed, and an en-suite bathroom and shower.
The Global 7000 is a dream for pilots as well who land the lucrative job of flying tycoons across the world. The full glass cockpit has a heads-up display, fly-by-wire technology, advanced weather radar and wind shear detection systems and cutting-edge navigation aids. The aircraft is powered by GE Passport engines capable of propelling this jet to a top speed of 0.925 Mach. It has a range of over 8,500 miles, which means Dubai to New York non-stop.
Bombardier is already in a bitter trade dispute with Boeing over the former’s C-Series jet. The Global 7000 will ease the pressure off Bombardier, though its expected to come up against some stiff competition from the Gulfstream G650ER.
It is believed that there are currently eight customer jets in production and deliveries of the first few Global 7000s is expected to begin by the second half of next year. They are priced at approximately $73 million each. According to a General Aviation Manufacturers Association report, demand for business jets are still reeling from the 2008 crisis. There were 1,317 deliveries made in 2008, compared to just 661 in 2016. The Global 7000 is expected to be a major player in turning those figures around.