NetJets now has up to 2,000 business jets on order following the announcement that is has options to buy 232 Challenger 3500 super midsize aircraft. If fully exercised, the deal would be worth more than $6 billion. Meanwhile, Bombardier announced that a confirmed deal for 12 Challenger 3500s worth $326 million revealed in December is going to NetJets. The Bombardier deal comes after blockbuster announcements for sales and options to Textron and Embraer in the last six months.
“We couldn’t be prouder to see the Challenger 3500 business jet join the NetJets fleet as we write the next chapter of our long-term collaboration,” said Bombardier CEO Eric Martel. NetJets said in a statement that “as we evaluate demand and overall growth within the market, we are confident the extension of our super-midsize fleet will continue to differentiate NetJets as the worldwide leader in private aviation.”
Do the executives at NetJets not read the comments section of AVweb? Do they not realize that aviation as we know it is about to collapse under the heavy weight of higher fuel taxes, DEI ATC and corn in our fuel tanks? Don’t they understand that soon, Exxon, will be forced to ground their corporate fleet and their executives will have to start flying on Spirit? Or maybe they do know something. Maybe they know the sky isn’t falling and that the number millionaires and billionaires are increasing every year. Maybe they know, that in spite of the burdensome regulations that they are forced to operate under, Exxon made a net profit last year of 36 billion dollars and that the most profitable corporation in the world is Saudi Aramco. Their net profit was more than 150 billion dollars, in one year. Why, even Buc-ee’s opened a new store in Hillsboro. (that’s a Texas joke)
I hate the phrase “follow the money” but if you do you’ll see that companies, while whining about regulations and taxes, are making tons of money and spending some of it on corporate aircraft. The sky isn’t falling if fact it’s filled with airliners and corporate jets.
Not sure what Avweb you’ve been reading. The one I’ve been reading restricts the doom and gloom to certified piston GA, and Bizjets are seen as part of the threat.
While there is no conspiracy to deny us propeller heads use of the national airspace and any place near a likely destination to land, anyone wanting to create such a conspiracy would be hard pressed to create worse circumstances without getting caught.
Go back and read the comments from the article about a proposal to raise the tax on jet fuel. You’d of thought every reader of AVweb has a Citation, owns stock in Exxon and has illegal immigrants living in their hangars.
lol, good one.
Still, I’m sticking with my description of the general theme.