NetJets Signs Deal With Bombardier For Up To 232 Private Jets [Forbes]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Forbes
The unit of Berkshire Hathaway already operates 88 of its predecessor, the Challenger 350. The popular super-midsize private jet features a cabin six feet high with a flat floor. NetJets has signed options for up to 232 super-midsize Bombardier Challenger 3500 private jets. It is typically offered in an eight-seat configuration and has a nonstop range for coast-to-coast flights. A number of programmatic competitors, including Flexjet, VistaJet, Airshare, and Nicholas Air, feature the aircraft. FlyExclusive recently said it would replace its large cabin Gulfstream fleet with preowned Challenger 350s. Bombardier also confirmed that NetJets was the who placed a firm order for a dozen of the Challengers back in December. That deal carries a retail value of $326 million. Bombardier President and CEO Eric Martel said, "The Challenger 3500 jet continues to impress with its ultimate combination of refined cabin experience, proven reliability, and top performance, perfectly alig
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR
- BRK.B's page on the SEC website