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Netjets Doubles 2006 Order For 48 Hawkers.

Tue Jan 16, 2007 9:05 pm

NetJets Aviation ordered an additional 48 Hawker business jets from Raytheon Aircraft Co. -- doubling the order the fractional ownership company placed during the 2006 National Business Aviation Association convention.

NetJets, based in Woodbridge, N.J., split the order between 30 Hawker 750s and 18 Hawker 900XPs. It's the same split as NetJets' 2006 order. The two orders combined are worth more than $1 billion.

"This order for 48 additional Hawker aircraft will help NetJets meet its increased demand for private aviation solutions in Europe and the U.S.," said Richard Santulli, NetJets Inc. chairman, in a statement.

Both jets are built at Raytheon's manufacturing plant in Wichita. Deliveries on the Hawker 900XPs will start this year and continue through 2012. Deliveries on the Hawker 750s will start in 2008 through 2009 on the initial order and start in 2010 and continue through 2011 on the followup order.


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