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The company was founded in 1964 and originally known as Executive Jet Airways. The name was later changed to Executive Jet Aviation (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world. [7]
First multi-engine aircraft in serial production, Russky Vityaz development Zeppelin-Staaken R.VI: 1916 Bomber: 56: 24.168 yards (22.099 meters) 46.15 yards (42.20 meters) 11.613 tons: Largest WWI aircraft in regular service Tarrant Tabor: 1919 Bomber: 1: 24.38 yards (22.29 meters) 43.74 yards (40.00 meters) 19.97 tons: 4.1 t Crashed on first ...
Over 2,000 Cessna CitationJets have been delivered, making it the most popular line of business jets. [1] View of the cabin, inside a business jet. A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates.
TPG Capital and Mubadala, two of the world's largest private capital investors, acquired XOJet in 2009. [18] [19] They shared a controlling interest in the company.[7]In February 2017, XOJET said it had retained Perella Weinberg Partners to explore financial options, including a possible sale or merger.On September 20, 2018, Vista Global (founded by Thomas Flohr in 2018 and the parent company ...
The Bombardier Global 7500 and Global 8000 are ultra long-range business jets developed by Bombardier Aviation (formerly Bombardier Aerospace) and remain the largest business jets in the world. The Global 7500, originally named the Global 7000, made its first flight on November 4, 2016, was type certified by Transport Canada on September 28 ...
The world's largest passenger airliner was introduced by Airbus in 2005; the A380 was a four-engine aircraft with two full-length passenger seating decks. Intended to challenge the dominance of the Boeing 747 in the long-haul market, the A380 was ultimately a money-losing venture for Airbus due to large development costs and limited sales, and ...
Bombardier shifted focus from commercial to business aircraft, [67] [65] anticipating business jet shipments to increase from 135 in 2018 to 150-155 in 2019, [68] and forecast revenues of $16.5 billion in 2018, rising to over $20 billion in 2020 with a free cash flow of $0.75-1 billion, mostly via the large Global 7500.
The president's own British Aerospace 146–200 Series aircraft ordered in the 1980s by the Ministry of Defence as a VIP aircraft for the President's use was leased to the national airline upon delivery after Air Zimbabwe's need for an aircraft that could land on the country's short local runways had become dire. The aircraft was leased to the ...