NetJets signs purchase agreement for up to 120 Bombardier Business aircraft

Private aviation leader NetJets, a Berkshire Hathaway company, completed a purchase agreement with Bombardier Aerospace to add up to a combined 120 new Bombardier Global aircraft into the NetJets fleet, including the Global 5000, Global Express XRS Vision, Global 7000 and Global 8000 aircraft. The agreement includes a firm order from NetJets for 50 Global business jets valued at a retail price of $2.8 billion, with options for an additional 70 Global aircraft. The firm order comprises 30 Global 5000 Vision and Global Express XRS Vision aircraft, with deliveries scheduled to begin in the fourth quarter of 2012, as well as 20 firm orders for Bombardier