MONTRÉAL, QUÉBEC--(Marketwired - April 1, 2016) - Bombardier Business Aircraft announced today that it has received a firm order for 20 Challenger 350 aircraft. For competitive reasons, the customer will remain undisclosed at this time. Based on the 2016 list prices for standard-equipped aircraft, the firm order is valued at approximately $534 million US.

"With its outstanding performance and reliability, the class-leading Challenger 350 aircraft dominates the super-midsize segment and continually outperforms - it's simply one of the best business jets in the market," said David Coleal, President, Bombardier Business Aircraft.

Challenger 350 aircraft: The Challenger 350 jet boasts class-defining performance, a true seats full, tanks full, 3,200 NM (5,926 km) range that will connect New York City with London*. The Challenger 350 jet builds upon the legendary segment defining clean-sheet Challenger 300 jet. Not only does it feature the very latest in avionics functionality, but it also offers the segment's most advanced cabin that maximizes natural light and redefines interior comfort and design sophistication, all the while maintaining the performance attributes that have become synonymous with the Challenger family.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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*Under certain operating conditions.

Bombardier, Challenger, Challenger 300, Challenger 350, and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.