Powered by Bombardier Aircraft and Services, BOND Offers Fractional Ownership of Factory-New Super Mid- and Large Cabin Challenger 3500, Global 6500 and Global 8000 Aircraft
First-Of-Its-Kind Service Agreement with Bombardier Ensures Industry-Leading Reliability and On-Time Performance
With Support from KKR and Select Group of Founding Partners, BOND Creates A New Category in Private Aviation Defined By Unsurpassed Quality, High-Touch Service, Capital-Efficient Ownership, and Lowest Owner-to-Aircraft Ratio in the Industry
NEW YORK–(BUSINESS WIRE)–BOND, the world’s first premium fractional aviation company, today announced the close of $320 million in preferred equity and debt financing led by credit funds and accounts managed by leading global investment firm KKR, with $30 million of equity funding from a select group of founding partners. In a market where demand for private flying is at record highs and fractional ownership is outpacing every other category of business aviation, BOND introduces a model built for premium private flyers who value exclusivity over scale.
Launched in strategic collaboration, with a fleet composed exclusively of Bombardier aircraft, BOND introduces “Fractional 2.0” – ownership for a new generation of private flyers who expect reliability, service excellence, and capital-efficient ownership. The company’s $1.7 billion firm order and services agreement includes 50 factory-new Challenger 3500 and Global 6500 aircraft and options for 70 more Challenger and Global planes. With those additional aircraft, BOND’s Bombardier purchase could exceed $4 billion in value.
BOND’s agreement with Bombardier also creates a first-of-a-kind, fully integrated OEM–operator service agreement to maximize uptime and provide exceptional operational reliability. The relationship ensures BOND members benefit from Bombardier’s U.S. service network, and on-site maintenance resources dedicated solely to the BOND fleet.
With its launch, BOND will introduce the first 100-percent super-midsize and large-cabin fractional fleet in private aviation, creating a category built entirely around long-range comfort, precision, and availability. It will also operate the first 100% flight-attended fleet in fractional aviation, redefining service standards and delivering a level of personalization unmatched in the industry.
Led by industry veteran Bill Papariella, Chairman and Group CEO, BOND’s leadership team brings decades of operational experience with a record of delivering strong performance and managing complex aviation operations.
Alongside KKR, the company also launches with the support of a select group of large family office founding partners. Together, their perspective as sophisticated investors and flyers helps ensure BOND is built around the needs of the customers it is designed to serve.
“We created BOND to deliver on the promise of what private aviation was always meant to be — personalized, predictable, and with exceptional levels of service,” said Bill Papariella, Chairman and Group CEO of BOND. “We are not building for scale. We are building for the select few who expect service perfection every time they fly.”
“We are proud to collaborate with BOND and its proven leadership team led by Bill Papariella, whose vision and track record in private aviation are well recognized,” said Éric Martel, President and CEO, Bombardier. “This agreement goes beyond an aircraft order, it marks a first-of-a-kind, uniquely integrated service collaboration. BOND’s confidence in our top-ranked global service network reinforces our position as the benchmark for reliability, responsiveness and customer support, delivering the peace of mind that only Bombardier can provide.”
We are thrilled to build on our longstanding relationship with Bill and his team as they launch BOND,” said Patrick Clancy, Director at KKR. “We believe BOND represents the next evolution in private aviation – a model that prioritizes quality, service, and efficiency over scale. This team’s proven track record, coupled with the strength of the Bombardier collaboration, makes BOND well positioned to set a new standard for premium private travel.”
A Model Designed for Best-in-Class Reliability and an Unrivaled Customer Experience
Key elements of BOND’s model include:
- Fewer owners per aircraft, limited to 10 per aircraft which is lowest in the industry
- Exclusive fleet, reserved only for fractional owners – no jet-cards or charter dilution
- Standby capacity increasing reliability, with reserved aircraft pre-positioned to cover peak customer demand
- First-of-a-kind OEM service agreement, backed by dedicated resources in Bombardier’s top-rated network
- Flight attendants on every flight, including super-midsize jets, an industry first
- The highest-paid and most experienced pilots
- 100% Super-mid and Large Cabin fleet
- Evergreen membership with an intelligent capital efficient design
Members will begin flying in early 2027. For more information, please visit www.bond.co
About BOND
BOND is the world’s first premium fractional aviation company. Through a first-of-its-kind, fully integrated OEM–operator service agreement with Bombardier, BOND defines a new category in private aviation built on unsurpassed quality, high-touch service, capital-efficient ownership, and the lowest owner-to-aircraft ratio in the industry.
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