Berkshire Hathaway's (BRK.A, BRK.B) NetJets places $9.6B in purchase orders with Bombardier...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

Berkshire Hathaway's (BRK.A, BRK.B) NetJets places $9.6B in purchase orders with Bombardier (BDRAF.PK, BDRBF.PK) and Cessna (TXT) for 425 new aircraft, in a deal NetJets calls the largest private aviation order in history. NetJets CEO Jordan Hansell is betting on a rebound in luxury flights after predecessor David Sokol cut the size of the fleet to cope with lower demand.