BOND expands Bombardier stake to $5 billion amid exceptional demand | News
BOND, the first fractional private aviation club built exclusively for the high end of the market, today announced it has expanded its commitment to Bombardier to $5 billion upon launch in October 20251. BOND is accelerating 2027 deliveries across its existing aircraft order to meet demand, adding four new firm orders for Global aircraft and upgrading 24 of its existing aircraft options to Global 8000 aircraft with the flexibility to convert them to Global 6500 aircraft. The increased involvement reflects BOND’s total relationship with Bombardier, including all firm orders, options and a unique service agreement.
The expansion comes as demand at the top end of the private aviation market continues to outstrip supply, especially among owners seeking newer aircraft, a more customer-friendly ownership model and highly personalized service. While fractional aviation has scaled up with increasing demand for light and medium aircraft types, BOND is prioritizing exclusivity over scale in the super-mid to ultra-long range types.
“What drives BOND is not just demand – it’s belief,” says BOND founder Bill Papariella. “Our founders are not passive buyers. They co-invested in the company because they believe this model should exist. When some of today’s most prolific entrepreneurs, investors and entertainers put capital into the operator, and not just the aircraft, it says something about how underserved the premium end of this market has been.”
BOND was built to meet the demand for a more premium ownership experience at the top of the market. As private aviation’s first all-super-mid- and large-cabin fractional fleet, it operates with fewer owners per aircraft, a members-only fleet, flight attendants on every flight and the most premium interiors on the market. In addition, all aircraft are supported by a unique, fully integrated OEM operator partnership with Bombardier, which ensures safety, maximum uptime and exceptional operational reliability.
“This acceleration underlines the strong market demand for tailor-made business travel offerings and reflects BOND’s immediate success and confidence in Bombardier, our aircraft and our top-rated global service network,” said Éric Martel, President and CEO of Bombardier. “The Global family of aircraft, including the Global 8000, is known for its exceptional range, speed and smooth ride, enabling unparalleled productivity and comfort on all types of missions. These are features that matter most to our customers, and they are fully aligned with BOND’s commitment to providing its members with an unprecedented experience.”
The Global 8000 is Bombardier’s flagship, the world’s fastest civilian aircraft since the Concorde, combining long-range capabilities with a spacious cabin designed for longer journeys. BOND’s interest in the Global 8000 reflects where demand has been strongest since launch: with customers seeking the highest levels of capacity and service.
The expanded commitment follows overwhelming demand from BOND’s founders’ investment round, which attracted a concentrated group of ultra-high net worth individuals and large-scale institutional CEOs. Using an investment model new to the fractional aviation industry, each of BOND’s founders not only purchased fractional stakes in specific aircraft, but also co-invested in the company itself, bringing the first full year of BOND aircraft ownership alignment with the company operating the fleet.
To support the accelerated delivery schedule for 2027 member commitments, KKR has increased BOND’s credit facility to $290 million.
“BOND’s early momentum reflects the clear need they are filling in the market,” said Daniel Pietrzak, Partner and Global Head of Private Credit at KKR. “We are proud to have invested in BOND and are confident in its ability to execute this truly unique offering in private aviation.”
BOND launched in October 2025 with an order for 50 aircraft and 70 purchase options from Bombardier and an initial investment of $320 million in preferred equity and debt financing led by credit funds and accounts managed by leading global investment firm KKR. To date, BOND has also raised $150 million in equity through its membership program and from KKR, bringing BOND’s total funding to date to $440 million.
