In a financial update released yesterday, Hawker Beechcraft revealed that fractional provider NetJets has cancelled orders for a “significant number” of aircraft from the Wichita-based manufacturer. The aircraft were previously scheduled to be delivered in 2011. The NetJets cancellations will reduce the airframer’s current backlog by about $2.6 billion. Excluding NetJets orders but including anticipated sales and order activity in the fourth quarter, Hawker Beechcraft predicts its backlog will be about… Continue reading

NetJets Middle East will take delivery on 14 November of the first Dassault Falcon 2000LX to be operated commercially in the Middle East. The handover of the large-cabin business jet will coincide with the tenth anniversary of the region's longest-running fractional ownership and block charter programme, which is operated under licence by Saudi Arabian company National Air Services. NetJets Middle East operates a fleet of 17 business jets including Gulfstream G450s, Hawker… Continue reading