Asian Sky Quarterly 2022 Q1
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PRE-OWNED MARKET SPOTLIGHT: CHALLENGER 300 & 350<br />
HISTORY AND MODEL INTRODUCTION<br />
During the late 1990s there were arguably only three categories<br />
of business jets: Small, Mid-size and Large. However, over the<br />
past 20 years this has changed, as manufacturers looked to fill in<br />
the gaps in-between the categories. These we have Heavy, extralarge,<br />
corporate airliners, Ultra-long-range and the longer-than-<br />
Ultra-long-range categories introduced to the market.<br />
The Challenger 300 is powered by a pair of Honeywell HTF7000<br />
engines, which have high thrust power. This gives the aircraft a<br />
significant advantage with the distance that it needs to takeoff<br />
or land, which has been welcomed by many travelers (and their<br />
pilots) as the Challenger 300 can access airports with smaller<br />
runways.<br />
But when the Bombardier Continental, as the Challenger 300<br />
was originally known, was first introduced in 1999 it had a larger<br />
cabin than the existing Mid-size cabin aircraft, but with and<br />
airframe and weight that did not fit into the “Large” category. Not<br />
wanting to class it as a Mid-size, Bombardier decided to call the<br />
aircraft “Super Mid-size”, as a way to differentiate it from smaller<br />
Mid-size aircraft.<br />
The Challenger 300 has a large and beautiful flat floor cabin,<br />
with a rear baggage compartment that is accessible in-flight.<br />
In its normal configuration the Challenger 300 carries eight<br />
passengers, which makes it ideal for both corporate and<br />
family use. Its cruise range is around 3,100 nautical miles<br />
(5,741 kilometers) at a speed of Mach 0.8. At launch it was<br />
priced at USD$18 million – which was around the same price<br />
as its competitors.<br />
The Honeywell MSP maintenance program that is offered with<br />
the aircraft has proven to be a cost-effective factor, as it reduces<br />
the aircraft’s operating costs, maintenance downtime and helps<br />
preserve the residual value. Having the aircraft enrolled on the<br />
MSP program has made a big difference to the resale value of<br />
the Challenger 300.<br />
The updated Challenger 350 was first revealed in 2013.<br />
Compared to the 300, the Challenger 350 has a longer wingspan,<br />
larger cabin windows, and an upgraded avionics suite. The<br />
engines have also been upgraded and feature a higher thrust<br />
rating for better fuel efficiency. This increases the 350s<br />
maximum takeoff weight and adds a further 100nm in range over<br />
the 300.<br />
In 2020, Bombardier refreshed its best-selling Challenger 350 with a modern interior design inspired by its flagship model, the Global 7500, which features high-speed<br />
Ka-band and an entirely new CMS (Cabin Management System) interface.<br />
58 | ASIAN SKY QUARTERLY — FIRST QUARTER <strong>2022</strong>