NetJets buys new Cessnas worth $1B | Aviation International News

NetJets buys new Cessnas worth $1B

NetJets, the founder of fractional aircraft ownership and the world’s biggest purchaser of business jets, put some more distance between itself and mere ma

By Stephen Pope

June 20, 2007

NetJets, the founder of fractional aircraft ownership and the world’s biggest purchaser of business jets, put some more distance between itself and mere market mortals yesterday with an order for 96 new Cessna Citations valued at more than $1 billion.

The order includes 50 Citation Encore+ models, 37 XLS+s and nine Citation Xs, all of which have been allotted spots in the production schedule, said Roger White, Cessna senior vice president of sales and marketing. First deliveries of the Encore+s will start next year and be followed by deliveries of the XLS+s and Citation Xs beginning in 2009 and 2010.

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