Financial Post | Business

LAS VEGAS — Flexjet has placed orders for 30 more of Bombardier’s Learjet 85 aircraft, converting a number of the options the U.S. company took in a blockbuster deal announced last month, the companies announced Monday.

Bombardier now has 60 confirmed orders for Learjet 85s from Flexjet for a value of approximately US$1.2-billion, based on the 2013 list price for the aircraft.

Last month, Montreal-based Bombardier announced it was selling Flexjet to a private U.S. equity firm for US$185-million, and Flexjet concurrently placed firm orders with the airplane maker for 85 business aircraft of several types. These included 25 Learjet 75, 30 Learjet 85, 20 Challenger 350 and 10 Challenger 605 jets, as well as options on an additional 160 aircraft.

Coupled with the converted options announced Monday, the total number of firm orders for aircraft of all types now totals 115, with a list price of US$2.4-million.

If all…

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