September 13, 2018
The Global Express is a large cabin, ultra long-range business jet produced by Bombardier. It launched as 1 of 4 new aircraft models built to compete in the new ultra-long range large-cabin market. The Global Express shares the Canadair Regional Jets fuselage cross-section and features an advanced all new supercritical wing with a 35-degree sweep, winglets, and a new T-tail.
As of June 2018, 77% of the Global Express aircraft were purchased pre-owned by their current owners, the other 23% new. 9.5% are for sale with the majority of those (86%) under an exclusive broker agreement. When for sale, the average time on the market is 278 days. Over the past 12 months, the Global Express has averaged 2.3 full retail transactions per month.
The Bombardier Global Express (BD-700) was first announced in October 1991 at the NBAA Annual Event as part of a new class of ultra long range large-cabin business jets being manufactured by Bombardier. It was designed to fly long distances at a high speed between any two points on the globe and to need only one refueling stop. The Global Express was officially launched on December 20, 1993 and its first flight was on October 13, 1996. In 1998 it received Canadian (July) and US (November) Certification with first customer deliveries in the first quarter of 1999. A total of 150 Global Express aircraft were manufactured with all but 2 still in operation.
There are 148 Global Express aircraft in operation today. Most of these are wholly owned (147) with 1 in shared ownership. 13.5% are currently leased. North America has the largest percentage of wholly owned Global Express aircraft (61%), followed by Europe (21%), and Asia (8%).