NetJets orders totals $2B | Aviation International News

Charter & Fractional

NetJets orders totals $2B

It’s become tradition.

By Gordon Gilbert • Contributor - Accidents and Regulations

June 30, 2008

It’s become tradition. No sooner does a manufacturer introduce a new airplane than NetJets follows right behind with an order announcement. This year’s NBAA Convention is no exception. The Woodbridge, N.J.-based fractional jet operator has placed orders and options for 200 of the newest midsize business jets, introduced here by Cessna and Gulfstream, transactions that have a potential value of nearly $2 billion.

Specifically, NetJets placed a firm order for 50 of the new Gulfstream 150 business jets and optioned for 50 more. Deliveries are scheduled to start in 2005, shortly after the new business jet enters service. The G150, a G100 derivative to be powered by twin Honeywell 731 turbofans, will offer a wider cabin for seven or eight passengers and higher speed. Gulfstream said the G150 will have a maximum range of 2,700 nm and a long-range cruise speed of Mach 0.8.

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