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NetJets, Now Profitable, Shifts Course On Large-Cabin Fleet With Bombardier Order
Fractional pioneer NetJets, which has returned to profitability, is reversing course on its large-cabin fleet with last week’s announced order for up to 120 Bombardier Global business jets. The order, valued at as much as $6.7 billion, is the largest Bombardier has ever received for its business jets. It also is the first such deal between NetJets and Bombardier, which operates a competitor fractional company, Flexjet.