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Pratt & Whitney beats out GE in Embraer deal

Pratt & Whitney was selected by aircraft manufacturer Embraer SA to build the engines that will equip the second generation of Embraer's E-series models, the companies announced Jan. 8.

NetJets announces $9.6 billion purchase

NetJets Inc. today announced a $9.6 billion private aircraft purchase from Cessna and Bombardier, marking one of the largest private aviation orders on record.