Addressing what it sees as a gap between its popular Challenger 604 and ultra-long-range Global Express business jets, Bombardier unveiled late last month in Montreal the Global 5000, the twelfth new or derivative airplane the Canadian business and regional aircraft manufacturer has introduced over the last nine years.
Derived from the Global Express, the Global 5000 is targeted to compete directly with the Gulfstream IV-SP and Dassault Falcon 900EX business jets that now dominate the “super-large aircraft” market segment, as defined by Bombardier. This segment comprises the middle portion of the “greater large aircraft” market, which includes, as defined by Bombardier, “large aircraft” (Challenger 604 and Falcon 50EX, 2000 and 2000EX), “super-large aircraft” (GIV-SP and Falcon 900C, 900EX and FNX) and “ultra-large aircraft” (Global Express and GV-SP). With three offerings in the total greater large aircraft market–the Global Express, the Global 5000 and the Challenger 604–Bombardier hopes to capture 42 percent of this market segment’s annual sales, which the company forecasts will average approximately 205 units per year over the next 10 years.
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