NetJets Europe Orders 32 Hawker 4000s

 - May 22, 2007, 11:29 AM

Less than two months after completion of the sale of Raytheon Aircraft to the investment firms GS Capital Partners and Onex Partners for $3.3 billion, the newly formed Hawker Beechcraft announced its first fleet sale yesterday at EBACE. Jim Schuster, Hawker Beechcraft chairman and CEO, and Mark Booth, chairman and CEO of NetJets Europe, the marketing agent of NetJets Transportes Aereos, signed a contract for the purchase of 32 Hawker 4000 super-midsize business jets. Deliveries of the aircraft are expected to begin next year and continue through 2016. The value of the contract, which includes maintenance, is more than $700 million. NetJets Europe plans to outfit its Hawker 4000s with eight seats in a double-club configuration and always to carry a flight attendant. With its current fleet of 53 Hawkers, NetJets Europe is the largest operator of Hawker Beechcraft aircraft on the continent–and it has eight more Hawkers scheduled for delivery this year.