NEW YORK--(BUSINESS WIRE)--Oct 14, 2025--
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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014913660/en/
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:
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.
BOND Launches Exclusive Aviation Club for the Premium Private Flyer and Announces $350 Million Investment Led by KKR
New films by Polish filmmaker Paweł Pawlikowski, Japanese writer-director Ryusuke Hamaguchi and Spain’s Pedro Almodovar will premiere at the 79th Cannes Film Festival next month.
Organizers for the South of France festival, which runs May 12-23, laid out a lineup heavy on big-name international auteurs at a news conference Thursday in Paris.
Cannes’ most sought-after slots are in its competition lineup. This year, 21 films will vie for the Palme d’Or. That includes “Fatherland,” a Cold War drama starring Sandra Hüller by Pawlikowski (“Ida,” “Cold War” ); “Sudden,” the French language debut for Hamaguchi ( “Drive My Car” ); and Almodovar’s “Bitter Christmas.”
Cannes is so far light on Hollywood releases and American filmmakers. One exception in competition is Ira Sachs' “The Man I Love,” a New York tale starring Rami Malek set during the 1980s AIDS crisis. In the Un Certain Regard sidebar, Jane Schoenbrun will unveil their follow-up to 2014’s “I Saw the TV Glow”: “Teenage Sex and Death at Camp Miasma,” about the making of a slasher movie. It stars Hannah Einbinder and Gillian Anderson.
A number of former Palme winners are in the mix. That includes Romanian auteur Cristian Mungiu’s Norway-set “Fjord,” starring the recently Oscar-nominated Renate Reinsve and Sebastian Stan. Mungiu’s “4 Months, 3 Weeks and 2 Days” won the Palme in 2007.
Also returning is Japanese director Hirokazu Kore-eda, whose 2018 drama “Shoplifters” won the Palme. He’ll debut the sci-fi “Sheep in the Box,” about a grieving couple in the near future who bring home a humanoid boy as their son.
The specialty distributor Neon has already boarded “Fjord,” “Sheep in the Box” and “Sudden,” giving it a chance to extend its historic record of six Palme winners in a row. Last year, the Neon release “It Was Just an Accident,” by Iranian filmmaker Jafar Panahi, won the Palme.
Neon is also behind an out of competition selection in “Her Private Hell” by Nicolas Winding Refn, the “Drive” filmmaker. A thriller starring Sophie Thatcher and Charles Melton, it's Refn's first feature film since 2016's “The Neon Demon.”
The Russian filmmaker Andrey Zvyagintsev is also back in the Cannes competition lineup with “Minotaur.” Zvyagintsev's last two films, “Loveless” and “Leviathan,” both debuted at Cannes and went on to land Oscar nominations.
Other competition entries include films by Asghar Farhadi (“Parallel Stories”), Lukas Dhont (“Coward”) and Lazlo Nemes (“Moulin”).
Thierry Fremaux, Cannes’ artistic director, announced the selections in a news conference alongside festival president Iris Knobloch. Fremaux said that 2,541 feature films were submitted for inclusion.
“In this moment, bringing together films and artists from around the world is not a luxury, it’s a necessity," Knobloch said. "Because when the world darkens, we lose our bearings. Showcasing films from all horizons is not a trivial act. It is defending what is most precious to humanity, its ability to dream and think freely.”
Cannes is coming off a 2025 festival that produced a number of Oscar contenders, including two best-picture nominees in Joachim Tier’s “Sentimental Value” and Kleber Mendonça Filho’s “The Secret Agent.” This year’s Cannes appears well positioned to continue the festival’s stature as the global launching pad of many of the year’s best international films, some of which are bound to show up at next year’s Oscars.
But Hollywood studios appear to be a no-show. Fremaux has said not to expect red carpet premieres like “Top Gun: Maverick” or “Mission: Impossible — The Final Reckoning” — both of which made splashy premieres in recent years. This year, Cannes announced ahead of the Paris news conference that John Travolta's directorial debut “Propeller One-Way Night Coach” will debut in the Cannes Premiere section.
“The United States will be present, but the studios will be a bit less so,” Fremaux said. “It’s important to know that when studios are less present at Cannes, it means they are generally less present with the type of cinema that used to allow them to thrive.”
Two prominent American directors will debut documentaries in special screenings: Steven Soderbergh with “John Lennon: The Last Interview” and Ron Howard with “Avedon,” about the photographer Richard Avedon.
Opening the festival, out of competition, is the 1920s French film “The Electric Kiss.” Cannes requires its opening movie to release the same week in French cinemas. And entry to its prestigious competition lineup requires theatrical distribution, a stipulation that — given France’s laws guarding theatrical windows — has excluded Netflix movies and other streaming titles since 2017.
This year, the Korean filmmaker Park Chan-wook will preside over the nine-member jury that will decide the Palme. And a pair of honorary Palmes will be handed out, to Barbra Streisand and to Peter Jackson.
Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)
Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)
Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux pose after a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)
