In the largest aircraft purchase in private aviation history, NetJets, a Berkshire Hathaway company and the worldwide leader in private aviation, announced it will add up to 425 new aircraft to its worldwide fleet under purchase agreements with Cessna and Bombardier. The transaction has a total value of $9.6bn and launches the new NetJets Signature Series of aircraft.
The order include up to 275 Bombardier Challenger aircraft, including 100 firm orders and options for 175 more. The order comprises 75 firm and 125 options of the Challenger 300 Series aircraft. Deliveries for this aircraft are scheduled to begin in 2014. The order also includes 25 firm and 50 options of the Challenger 605 Series aircraft, with deliveries scheduled to begin in 2015. Up to 150 Cessna Citation Latitudes, including 25 firm orders and options for 125 more, with deliveries beginning in 2016.
