April 10, 2013 - Magellan Jets
The next evolution of the corporate Jet Card: Magellan Business

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NetJets Fleet Renewal

NetJets is in the midst of what it calls a “jet renewal” that will replace aircraft that have reached the end of their useful lives and leave room for the company to expand its fleet. They announced a 10 year plan to swap out their current fleet- with a total transaction value of $9.6 billion. The schedule for the phase out will start with the oldest aircraft in their fleet first. Up to 425 new aircraft will slowly be phased into their inventory. They are gradually selling aircraft out of the current fleet as they take in deliveries of the new aircraft.

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