Bombardier books four Challenger 650 orders from Zetta Jet

Sun Oct 30, 2016 3:46pm EDT
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ORLANDO, Fla. (Reuters) - Canadian plane and train maker Bombardier Inc (BBDb.TO: Quote) said on Sunday it had booked an order for four of its Challenger 650 business jets from Zetta Jet, a charter operator based in Singapore, valued at $129 million at list prices.

Zetta Jet plans to operate the planes, which have a range of 4,000 nautical miles, between Los Angeles and Southeast Asia, the companies said at the National Business Aviation Association air show. China's Minsheng Financial Leasing Co Ltd, a unit of China Minsheng Bank (600016.SS: Quote), is financing the purchase, which comes amid a prolonged slowdown in business jet orders.

(Reporting by Alwyn Scott; Editing by Peter Cooney)

A Bombardier logo is pictured on the company booth during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 24, 2016. REUTERS/Denis Balibouse