Bombardier has received a firm order for 50 of its Challenger and Global aircraft in a “first-of-a-kind” service agreement, valued at a total of $1.7bn.
The first-time Bombardier customer will also hold 70 new aircraft purchase options.
If all purchase options are exercised, the combined aircraft and service agreements’ value would reach more than $4bn, Bombardier said.
Bombardier added that the unnamed customer has selected the aircraft manufacturer’s “top-ranked maintenance offerings to create an innovative partnership that will deliver an unmatched level of care and convenience for customers”.
Éric Martel, Bombardier’s chief executive, said: “This significant order underscores the competitive advantage Bombardier’s full scope of products and services brings to customers throughout the entire aircraft lifecycle, from design to delivery, then throughout the in-service journey.
“We build trust each day with each customer thanks to dedicated team members around the world who ensure their consistent satisfaction.
“Our more than 18,000 Bombardier employees are proud to welcome this new, important customer to our family.”
Deliveries are set to begin in 2027.