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Article: Executive Jet To Buy Record 100 Hawker Horizon Business Jets in $2 Billion Pact.
- Article from:
- Business Wire
- Article date:
- June 14, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS--(BUSINESS WIRE)--June 13, 1999--
Executive Jet, Inc. plans to purchase a record 100 new Raytheon Aircraft Hawker Horizon super mid-size business jets to serve the company's NetJets fractional ownership fleet.
Executive Jet placed an order for 50 Hawker Horizons, valued at approximately $1 billion with support activities. Executive Jet also received options for 50 aircraft, which if exercised would make the program worth $2 billion, including support work.
The contract is the largest business jet fleet transaction in Raytheon Aircraft's history. It also increases the Hawker Horizon order book, including options, to 150 aircraft. Deliveries ...