NetJets Inc., a Berkshire Hathaway company, announced today the completion of a purchase agreement with Bombardier Aerospace to add up to a combined 120 new Bombardier Global aircraft into the NetJets fleet, including the Global 5000*, Global Express XRS Vision*, Global 7000* and Global 8000* aircraft. The agreement includes a firm order from NetJets for 50 Global business jets valued at a retail price of $2.8 billion, with options for an additional 70 Global aircraft. The firm order comprises 30 Global 5000 Vision and Global Express XRS Vision aircraft, with deliveries scheduled to begin in the fourth quarter of 2012, as well as 20 firm orders for Bombardier’s newly-launched Global 7000 and Global 8000 jets, with deliveries of these aircraft to begin in 2017. At a total retail price exceeding $6.7B, this is the largest aircraft purchase agreement in the history of private aviation. Additional terms of the deal were not disclosed.