NetJets Europe To Nest 24 Falcon 7Xs

 - November 15, 2006, 6:14 AM

NetJets Europe has placed a “historic” $1.1 billion order for 24 Dassault Falcon 7Xs scheduled for delivery between the first quarter of 2008 through 2014. NetJets chairman and CEO Richard Santulli said the transaction, signed in Paris this morning with Dassault Aviation chairman and CEO Charles Edelstenne, is the “largest business jet order in European history and the second largest order ever” in terms of billings. Edelstenne confirmed it is Dassault’s largest-ever private jet sale. The NetJets Europe order raises the Falcon 7X order book to 116 aircraft. Santulli said the order will “increase significantly NetJets Europe’s current 20-percent share of the European ultra-long-range market.” Its European-based fleet will reach 122 aircraft by year-end, he said. The company had just 14 jets based in Europe in 2002. Certification of Dassault’s latest Falcon is due in the first quarter of next year and the next available delivery slot is in the second half of 2010.