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Bombardier reveals NetJets as the buyer of 12 Challenger business jets
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Bombardier reveals NetJets as the buyer of 12 Challenger business jets
May 1, 2024 4:38 AM

(Reuters) - Canada's Bombardier said on Wednesday NetJets was the customer for the order of 12 Challenger 3500 business jets announced in December.

At list prices, the order was valued at $326.4 million at the time of signing, but could amount to more than $6 billion if NetJets exercises its option for all 232 jets.

Ahead of its investor day on Wednesday, Bombardier said it was on track to hit its 2025 goals, which include revenue rising to over $9 billion.

The business jet-maker added it was a year ahead in meeting its objective of growing its services revenue to $2 billion by 2025.

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