NetJets cuts aircraft deliveries and workforce amid coronavirus crisis

NetJets Europe Challenger 350

NetJets has more than halved the number of business jets it expects to receive in 2020, as demand for travel plummets on the back of the coronavirus pandemic. The firm has also the cut employee numbers at both its European fractional ownership operation and US-based Executive Jet Management (EJM) subsidiary by a quarter due to the weak operating environment.

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