Largest Aircraft Purchase in History of Private Aviation

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.