Netjets New Aircraft Purchase Agreement
Global Private Aviation Leader NetJets® Inc. Announces Purchase Agreement for Embraer Business Aircraft | Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--NetJets Inc., a Berkshire Hathaway company, announced today the completion of a purchase agreement with Embraer to add up to 125 Platinum Edition Phenom 300s into the NetJets fleet. Terms of the deal were not disclosed. This Platinum Edition aircraft, designed exclusively for NetJets, will feature technology and comforts based on the requirements of the NetJets fractional share Owners. This announcement is the first step in the execution of a 10-year fleet plan that will provide the company’s fractional jet Owners with the fleet options, safety, service and reliability they have come to expect from the worldwide leader in private aviation. Today, NetJets operates a global fleet of more than 800 aircraft, representing 13 different fractional aircraft types from several aircraft manufacturers including Cessna, Dassault, Gulfstream and Hawker-Beechcraft. Since 2000, NetJets has taken delivery of more than 600 aircraft from both domestic and foreign manufacturers. Today’s announcement regarding the NetJets light cabin fleet will be the first of several to come in the next few years that will cover the midsize and large cabin fleets and will be in addition to orders already on the books to acquire more than $2.95 billion worth of aircraft. According to Chairman and Chief Executive Officer David L. Sokol, “No one is more confident about the future of private aviation than NetJets. We continue to be guided by our vision to strengthen our leadership position by delivering extraordinary safety and service to our Owners. We are pleased to be in a strong position in our industry and proud to be announcing this order for an exceptional aircraft that our Owners will value for years to come.” Owner research and a comprehensive view of flight patterns and service requirements contributed to the decision to select the Phenom 300. In addition, an extensive analysis was conducted at NetJets by multiple, cross-disciplinary teams representing flight crews, maintenance, flight operations, safety, sales, finance and owner services. “This is a high performance aircraft that is ideally suited to our Owners’ needs for reliability, range, interior comfort and operating efficiency,” said David Sokol. “It will be an excellent fit in an already diverse fleet that is unmatched in private aviation.” Embraer President and CEO Frederico Curado added, “Embraer is indeed pleased and honored to have been selected by NetJets, a company recognized worldwide for the excellence of its operations and for an outstanding customer experience, to develop and deliver the Phenom 300 Platinum Edition.” “The bottom line is that no one knows more about the needs and operational requirements of private aircraft Owners than NetJets,” added David Sokol. “We are really excited about the Platinum Edition because its customized design elements reflect our nearly 25 years of experience in Fractional Business Jet Ownership serving the needs of thousands of businesses and individuals that have told us exactly what they want in a light cabin jet.” The Phenom 300 Platinum Edition will be developed by Embraer in cooperation with NetJets. The jets will feature technology and comforts based on the requirements of the NetJets fractional share Owners. Deliveries of the new aircraft are scheduled to begin in 2013 and will be executed in accordance with ongoing fleet management plans. |
exciting news from Netjets...
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Embraer gives you a lot of bang for your buck, than say Cessna. Sure the the Citation X is fast, in fact it's the fastest jet between repair centers.
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Time will tell regarding this announcement. Lets just hope it's not another 'Barbie Jet' in disguise...
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While it is cool to see some new airplanes coming into the fleet, these will be mostly CE-560 and 400xp replacements. It is good to see the company is planning ahead, however. I presume I'll be flying one of these when I go back in 2015 (if I go back at all).
I suspect we'll see more Embraer orders in the future |
Originally Posted by dudemize
(Post 887061)
While it is cool to see some new airplanes coming into the fleet, these will be mostly CE-560 and 400xp replacements. It is good to see the company is planning ahead, however. I presume I'll be flying one of these when I go back in 2015 (if I go back at all).
I suspect we'll see more Embraer orders in the future It does bode well for the future..meaning the job will eventually be there for those that want it back. (by that time I believe the airlines will be in hiring mode due to retirements and many will be trying for that. Me included) I was 50/50 on whether DS was going to just shrink NJA down to a sellable size OR focus on replacement growth a/c..... This seems to be my answer... Hopefully by 2012 the replacement a/c will be needed as growth a/c due to an increase in owners, and not enough timke to get rid of the older a/c...... |
Originally Posted by dudemize
(Post 887061)
While it is cool to see some new airplanes coming into the fleet, these will be mostly CE-560 and 400xp replacements. It is good to see the company is planning ahead, however. I presume I'll be flying one of these when I go back in 2015 (if I go back at all).
I suspect we'll see more Embraer orders in the future From a pilot's perspective i'm not a fan of Embraer corporate jets, never have been, but after the Beech jet fiasco the Phenom starting to look pretty good |
I probably wont be seeing many of them here in ANC, but anything is better than the Hawker. Except maybe the 7X.:p
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Originally Posted by UCLAbruins
(Post 887692)
but after the Beech jet fiasco the Phenom starting to look pretty good
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Originally Posted by iahflyr
(Post 897430)
JUst curious. What was the Beech jet fiasco?
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