Bombardier, Cessna Benefit From NetJets Order

NetJets is continuing its fleet overhaul with the newest round of orders, which, at up to $9.6 billion, mark the largest in the company’s and industry history and continue its track of selecting newer technology aircraft that are customized for the fractional ownership provider. NetJets’ order for up to 425 new Cessna Latitude and Bombardier Challenger jets, which was announced late June 11, will be used to establish a new “Signature Series” of aircraft and also help round out NetJets’ midsize and super midsize category ...