NetJets buying up to 50 Horizons–again

 - January 30, 2007, 5:35 AM

Raytheon Aircraft last month reached a “tentative agreement” for NetJets to purchase up to 50 Hawker Horizons for its fractional aircraft fleet. The deal is expected to be finalized before the end of this month. In mid-2003, NetJets canceled a 1999 order for 50 Horizons due to “developmental and certification delays.” Full certification of the Hawker Horizon is still not expected until around midyear. The airplane gained provisional FAA certification on December 23, almost four years after the originally expected spring 2001 approval.