MONTREAL (dpa-AFX) - NetJets Inc., a Berkshire Hathaway co. (BRK_A, BRK_B), announced it will add up to 425 new aircraft to its worldwide fleet under purchase agreements with Cessna and Bombardier. The transaction has a total value of $9.6 billion and launches the new NetJets Signature Series of aircraft.
The order include up to 275 Bombardier Challenger aircraft, including 100 firm orders and options for 175 more. The order comprises 75 firm and 125 options of the Challenger 300 Seriesaircraft. Deliveries for this aircraft are scheduled to begin in 2014. The order also includes 25 firm and 50 options of the Challenger605 Series aircraft, with deliveries scheduled to begin in 2015.
The order also includes up to 150 Cessna Citation Latitudes, including 25 firm orders and options for 125 more, with deliveries beginning in 2016.
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