NetJets' $10bn Deal May Not Support Sector's Revival

Bombardier, which operates its own fractional ownership program subsidiary, FlexJet, is poised to become a cornerstone of fractional rival NetJets’ future with historic orders valued at up to $10.1 billion. In addition, Cessna joins Embraer as part of NetJets’ effort to rejuvenate its fleet over the next decade, and now has an anchor for its new Latitude program, which is scheduled to certification in 2017 ...