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Forbes - Boats & Planes

Wisk, NASA, Electra, BETA Make Major Advanced Air Mobility Moves Private Jet Sellers Enjoy Strong Tailwinds From IPO Surge, UHNW Growth Flexjet Becomes Formula 1 Partner For ‘Experiences’ And Sustainable Flights Private Jet Operator AirSprint To Be Acquired By Private Equity Firms Sanlorenzo Unveils SL80A Yacht Ferretti Group Kicks Summer Off In Style On The Amalfi Coast Economic Value Of Superyacht Industry Reaches $61 Billion, Study Finds Dutch Design’s Sea Rover Project Puts Wellness First The World’s Largest Superyacht Is About To Start Cruising—What’s Coming For REV Ocean? Innovative High-Performance Cruising Trimaran Comes To Life In Cape Town Heesen Yachts Unveils New Direction With New Superyacht Design Valve Founder Gabe Newell Backs €700M Research Ship Capable of Reaching Challenger Deep Flexjet Acquires High-Profile Aircraft Broker The Jet Business Walkers Cay To Sell Marina Slips And Announce Major Development Plans Instant Classic CRN Superyacht Launched In Italy Big Marlin, Big Prize Money And A State-Of-The-Art Marina Bring World-Class Fishermen Back To Walker’s Cay CEO Of AeroVanti Private Jet Firm Guilty On 6 Counts Of Wire Fraud NetJets Is Soaring After Fixing Warren Buffett’s ‘Biggest Mistake’ Giorgio Armani Superyacht Regatta Kicks Off The Summer Season In Style In Porto Cervo Should You Consider Renting A Yacht In Turkey? Peanut M&Ms, Doritos are the top snack foods for private jet flyers Polar Icebreaker To Indian Ocean Pioneer: Aqua Lares Enters A New Era Monaco Academic And Industry Leaders Celebrate World Boating Day In Thoughtful Ways UAE-Based Yacht Builder Gulf Craft Continues To Grow Lürssen Delivers Fourth Superyacht Of 2026 This Yacht Builder Is The New Nobiskrug—And Making Crazy Custom Megayachts Private Jet Demand Takes Off Despite Increased Fuel Prices Australian Team To Race In The America’s Cup For The First Time In 25 Years This New Yacht Has Just Been Delivered To Its Billionaire Owner Nautor Swan Unveils 73-Foot Performance Cruiser Ryan Reynolds Experiences SailGP Speed Firsthand At Event In Bermuda The Insane Bucket-List Experiences Only Accessible By Superyacht Riva And Ferrari Combine Starpower And Horsepower Private Jet Companies Are Readying For FIFA World Cup. Are You Ready? Gary Jobson Remembers Sailing Legend Ted Turner Alia Yachts Unveils New Full Custom Yacht In Palm Beach Rare Hantavirus Outbreak Strands Cruise Passengers At Sea Ferrari Hypersail Makes A Stylish Entrance At Milan Design Week Inside ‘Leviathan,’ Gabe Newell’s Progressive New Superyacht Scotland’s Green Party Private Jet Ban Could Bring Economic Red Ink Turquoise Yachts Launches Second Superyacht This Year 465-Foot-Long Russian Superyacht Passes Through Blockade In The Strait Of Hormuz Remote Managers, Secondary Homes Driving Private Aviation Demand ‘Oceania Aurelia’ Setting Sail In 2027 Will Redefine Long Cruises Feadship Launches Striking New 262-Foot-Long Superyacht Voly Launches New Superyacht Management Software Miami-Based Manari 52 Debuts With Loro Piana Interior Yachting Industry Leader Interview: Karel Komárek American Airlines Re-Enters Private Jet Market Via TLC Jet Partnership This New Yacht Has An Underwater Window And A Two-Deck Tree On Board 221-Foot-Long CRN Superyacht ‘Amor À Vida’ Steals The Show In Palm Beach The Masters, Trump TFRs Show Easy Come, Easy Go Impact Of Private Jets New American Team To Challenge For The America’s Cup A ‘Seabourn Pursuit’ Port Call With Purpose Private Jet Flight Demand Skyrockets As Flyers Seek Reliability Hinckley Unveils New Picnic Boat 45 At Palm Beach International Boat Show How Superyachts Are Staged For Sale, According To Industry Insiders Tennis Superstar Carlos Alcaraz Commissioned A Bespoke 88-Foot Sunreef Catamaran Superyacht Chefs Reveal What The Ultra-Wealthy Eat On Vacation The 6 Largest Superyachts At The Palm Beach International Boat Show Tailwind For Air Taxis And Cargo Drones Via Federal Program Airport Security Lines And Storms Boost Private Jet Demand 6 Luxury Yachts With Wild Technology On Board—From Interactive Walls To Nightclubs The Coolest New Yacht Accessory? A Second Yacht Peek Inside The 344-Foot Sailing Superyacht ‘Black Pearl’ This Superyacht Makes Swimming With Sperm Whales Off Dominica Even More Special What Do The World’s Wealthiest Superyacht Guests Really Want? Own A Slice Of A Major Private Jet Company With Perks, Not Headaches U.S. SailGP Team Wins Big In Sydney Aquila Catamarans Launches 50-Foot Sailing Catamaran Iran Conflict Spurs Issues For Private Jet Flyers Beyond Price Spikes Global Eco-Boating Competition Attracts 43 Teams To Test New Tech Friends With Jets Have Hairstylist Bernardo Vasconcelos Flying High After 30 Years, This Private Jet Company Wants To Be A Household Name Two Italian Icons—Ferrari And Riva—Celebrate Style And Performance In South Florida
Big Private Jet Operators Are Betting On Faster And Longer
Doug Gollan · 2026-04-18 · via Forbes - Boats & Planes
Bombardier Global 8000 Entry-Into-Service Celebration Event

A Bombardier Global 8000 jet after an entry-into-service celebration event at the Bombardier Aircraft Assembly Centre in Mississauga, Ontario, Canada, on Monday, Dec. 8, 2025. The aircraft is the world's fastest business jet. Photographer: Laura Proctor/Bloomberg

© 2025 Bloomberg Finance LP

Big private jet operators are betting you want to fly longer distances without stopping to refuel and you want to do it faster.

Last month, NetJets announced it had taken delivery of its first new Bombardier Global 8000.

NetJets Aviation President Patrick Gallagher said, "I was fortunate to fly on the first 8000 to bring it back to (our headquarters in) Columbus (Ohio) from Montreal (where Bombardier makes the jet), and we got to Mach 0.95, so it's not just a marketing statement."

Mach 0.95 translates to around 730 miles per hour.

It's faster than the previous flagship, the Global 7500, which could fly at Mach 0.925, or around 710 miles per hour.

Rival Gulfstream says its G700's maximum Mach is 0.935.

The airplanes enable globetrotters not only to go faster but also to go further without having to make a refueling stop.

Depending on how many people are onboard, the winds, and how fast you (or your operator) want to fly – speed impacts fuel burn and range – Bombardier's website shows you can fly nonstop from London, England, to Darwin, Australia, or Miami, Florida, to Beijing, China.

The range difference between the Global 7500 and the Global 8000 is about 345 miles, which may not seem like much, but it can mean adding several hours of travel time if you do need to land and refuel.

NetJets said it plans to take delivery of at least four Global 8000s and upgrade its 19 Global 7500s to Global 8000 status.

Interestingly, the upgrade doesn't involve adding fuel tanks or modifying the exterior; it is accomplished through software changes, according to a 2023 report by Aerospace Testing International.

A Bombardier executive told the publication, "It is by design philosophy, it's not by accident that the capability was there. There are features on the 7500 wing, such as the split aileron, that we know give us more capability. We saw features at the extremes of the Global 7500 operating envelope that reinforced the potential for more capability, and that comes from a robust design philosophy, which itself comes from years of having gone through entire aircraft cycles."

Business Jet Traveler pegs the upgrade cost at around $3 million per airplane.

Gallagher explained the reason for the upgrades (with NetJets covering the cost for the fractional owners of the Global 7500s) as "flights are getting longer as people are going to more far-flung destinations."

It isn’t only NetJets when it comes to betting on faster and longer. This week brought a trio of announcements related to operators of ultra-long-range private jets.

On Tuesday, Bond, which won’t take flight until 2027, announced it was accelerating deliveries, upgrading its existing Bombardier order, converting Global 6500s to Global 8000s. That upped the value of its current orders and options from $4 billion to $5 billion.

Founder Bill Papariella, who sold Jet Edge to Vista in 2022 and is positioning Bond as something akin to Aman versus Ritz-Carlton, said of his fractional program, "Our founding members aren't passive buyers. They co-invested in the company because they believe this model should exist."

Papariella added, "When some of today's most prolific entrepreneurs, investors, and entertainers put capital behind the operator, not just the aircraft, that tells you something about how underserved the premium end of this market has been."

On Wednesday, Vista announced it had received the first of its Global 7500s upgraded by Bombardier to a Global 8000.

Vista doesn’t offer fractional ownership, but instead uses a non-equity subscription model where members pre-pay for flights and receive guaranteed availability and rates. It said all 18 of its Global 7500s will be upgraded by the end of the year.

Founder and Chairman Thomas Flohr said, "With more members flying further and more frequently, these capabilities allow us to offer greater flexibility while maintaining the consistency and service that sets Vista apart."

Next up yesterday was Gulfstream Aerospace, which issued a press release noting it had delivered the 10th and final Gulfstream G700 to Qatar Executive, completing a 2019 order.

The announcement pointed out the G700 currently holds 90 city-pair speed records. The private jet unit of Qatar Airways Group has 25 long-range Gulfstream jets it offers on the charter market.

A spokesperson for Flexjet noted that even though the fractional operator didn’t issue a press release this week, the company is continuing to build its long-haul fleet.

He said, "Flexjet owns the distinct position in the large and ultra‑long‑range segment of operating the world’s largest fractional Gulfstream fleet," teasing, “Additional Gulfstream G700s are scheduled to arrive this year, along with a new fleet type to be revealed in the coming weeks."

It debuted its first G700 last year.