Boeing Business Jets announced at the show today that it has received six new orders for its Next Generation 737-700 airliner conversions, and one 787-9 VIP jet worth $478.5 million. Total programme sales include 107 BBJs, 15 BBJ 2s, three BBJ 3s, four 747-8 VIPs and six 787 VIP aircraft.


“After winning 23 orders for our luxury jets last year, we continue to see incredible demand. Boeing Business Jets could be poised for another phenomenal year,” says Steven Hill, BBJ’s president.


He adds: “Since EBACE 2006, Boeing Business Jets has won 27 new orders including 12 BBJs, two BBJ 2s, three BBJ 3s, four 747-8 VIPs and six 787 VIPs. The total doesn’t count the two 787s that were purchased by VIP customers directly from leasing companies.” To date, programme sales include 107 BBJs, 15 BBJ 2s, three BBJ 3s, four 747-8 VIPs and six 787 VIPs.
Last year BBJ launched VIP versions of Boeing’s new commercial jetliners, the 787 Dreamliner and the 747-8 Intercontinental. Today nearly 300 Boeing aircraft are in service in the VIP and business jet market. The majority of the manufacturer’s customers are individual owners, who comprise 44% of the client base, followed by government heads of state at 36%.


Corporate and charter operators make up the rest. Since the programme started BBJ has delivered 104 aircraft. Ninety are fully completed and in service, with a further 14 in interiors shops. The worldwide fleet has generated more than 241,500 flight hours across 93,600 flights to date.


BBJ has also released a used-BBJ market analysis, showing that the aircraft hold their value in the after-sales market. The average value of a pre-owned BBJ commands 108% of the original estimated completed price. “We are all well aware of the remarkable sales success of new BBJs, and another indication of their outstanding value is its performance in the used sales market,” says Hill, “Brand-new BBJs are in high demand and short supply, and that’s been driving its residual value.”

Source: Flight Daily News