Bombardier gets order for 30 more Learjet 85 aircraft from Flexjet


Bombardier Inc said Flexjet LLC has placed a new firm order for 30 Learjet 85 aircraft, adding to a previous order of 30, as part of its deal to buy up to 245 Bombardier jets.

Shares of Bombardier rose 5 percent to $5.34 on the Toronto Stock Exchange, their highest in more than two years.

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Bombardier sold its Flexjet aircraft ownership business to private investment firm Directional Aviation Capital in September and the new owners agreed to buy up to $5.2 billion worth Bombardier business jets.

Flexjet offers clients the option of chartering a private jet or purchasing large blocks of time with access to a crew.

Bombardier said Flexjet has purchased 60 aircraft for about $1.2 billion, including the order announced on Monday.

Flexjet has also added 20 more options to buy Learjet 85 aircraft.

(Reporting By Sneha Banerjee in Bangalore; Editing by Maju Samuel)