NetJets announced yesterday that it has agreed with Bombardier to buy 120 Global aircraft over the next many years. The deal, which is valued at $6.7 billion, includes firm orders for 50 aircraft and options for 70. Details on the options were not made public initially. The order includes Global 5000, Global Express XRS Vision, and the recently launched Global 7000 and Global 8000 ultra-long-range jets. First deliveries are slated to begin around the end of next year. First order deliveries of the 7000 and 8000 are pegged for 2017. The deal marks not only the largest order in bizjet history but the first time that NetJets has made a fleet deal with Bombardier.
Largest Aircraft Purchase in History of Private Aviation
Key Takeaways:
- NetJets placed a record $6.7 billion order for 120 Global aircraft from Bombardier.
- The deal includes 50 firm orders and 70 options, encompassing various Global models, including the new 7000 and 8000 ultra-long-range jets.
- This marks the largest business jet order in history and NetJets' first fleet agreement with Bombardier, with deliveries set to begin late next year.
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