NetJets Cancels 90 Percent Of HBC Order
Wed, 16 Dec '09
Deliveries Were Not Scheduled Until 2011
The fractional jet company NetJets has cancelled 90 percent of its outstanding order with Hawker Beechcraft, HBC announced Tuesday. The move will have the effect of lowering HBC's backlog of orders for aircraft to about $3.5 billion.
HBC made the announcement in releasing its quarterly earnings and projections.
The Wichita Eagle reports ............. READ MORE: Aero-News.net