KKR-Backed Bond Private Aviation Named as Customer for Bombardier $1.7 Billion Order in June
2025-10-15 09:34
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Wedoany.com Report-Oct. 15, BOND, a new private aviation company backed by U.S. investment firm KKR, was revealed on Tuesday as the customer behind a $1.7 billion order placed in June for 50 Bombardier private jets and related aftermarket services. The announcement marks one of the largest recent transactions in the business aviation sector, highlighting the growing demand for fractional jet ownership.

A view shows Bombardier's private jet completion center in Montreal, Quebec, Canada February 6, 2025.

KKR is the lead investor in BOND, which operates under a fractional ownership model that allows customers to purchase a share of an aircraft rather than owning it outright. This approach provides clients with the flexibility and convenience of private air travel while sharing operational costs. Alongside the order, BOND announced it had completed a $350 million investment round led by KKR to support fleet acquisition and business expansion.

The agreement includes Bombardier’s Challenger 3500 and Global 6500 aircraft, two of the Canadian manufacturer’s most popular business jet models. Deliveries are expected to begin in 2027, when BOND plans to launch its flight operations. The company said the order also covers comprehensive service and maintenance packages, ensuring long-term aircraft performance and reliability.

According to industry observers, the deal reinforces Bombardier’s strong position in the premium private aviation market, supported by steady demand for long-range and midsize business jets. The Challenger 3500 is designed for medium-range travel and known for its efficiency and cabin comfort, while the Global 6500 offers intercontinental range and advanced avionics, catering to corporate and private customers with global travel needs.

The partnership between KKR and Bombardier reflects growing investor interest in the private aviation industry, which has seen rising demand from business travelers and high-net-worth individuals seeking flexibility and time efficiency. Fractional ownership programs such as BOND’s are increasingly viewed as an accessible entry point into private aviation, offering users guaranteed flight hours and access to modern fleets without full ownership responsibilities.

Bombardier, headquartered in Montreal, continues to focus on expanding its customer base and aftermarket services. The company’s strategic emphasis on high-margin business jet sales and service contracts has strengthened its financial performance in recent years.

BOND’s planned launch in 2027 will introduce a fleet designed to serve corporate clients, leisure travelers, and charter markets across North America and beyond. The company aims to combine modern aircraft technology, premium service, and operational efficiency to position itself as a leading player in the next generation of private air mobility.

With the $1.7 billion order and new capital from KKR’s investment, BOND is set to accelerate its entry into the market and expand its fleet capacity. The collaboration also signals continued confidence in the long-term growth potential of the global business aviation industry.

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