Marquis Jet

March 1, 2011 - 5:30am

Lufthansa has decided to close its Swiss Private Aviation (SPA) subsidiary and is set to seal a new deal with NetJets Europe to provide charter flights for its Lufthansa Private Jets service.

February 17, 2011 - 10:15am

Lufthansa has decided to close its Swiss Private Aviation (SPA) subsidiary and is set to seal a new deal with NetJets Europe to provide charter flights for its Lufthansa Private Jets service.

November 9, 2010 - 11:06am

Berkshire Hathaway on Friday reported that revenues at its NetJets fractional aircraft subsidiary climbed 17 percent during the first nine months of 2010 versus a year ago “due to an increase in worldwide flight revenue hours and increased fuel cost recoveries, partially offset by lower management fees due to fewer aircraft in the NetJets program.” According to the third-quarter financial report, NetJets logged pre-tax earnings of $158 million

November 4, 2010 - 11:51am

This morning, Columbus, Ohio-based NetJets announced it acquired jet card provider Marquis Jet Partners. Marquis Jet was started in 2001 by Kenny Dichter, offering 25-hour jet cards essentially equivalent to a 32nd share of a NetJets airplane. Jet card buyers purchase a “pre-paid sub-lease of a specific aircraft,” according to Marquis, which owns 65 airplanes in the NetJets fleet.

October 13, 2010 - 7:56am

Gulfstream Aerospace last month celebrated the 25th anniversary of the first flight of the Gulfstream IV, which the Savannah, Ga.-based manufacturer said is “the best-selling” large-cabin, long-range business jet in the world. <o:p></o:p>

September 28, 2010 - 11:13am

As a result of aggressive cost-cutting measures, NetJets Europe expects to achieve modest operating profits this year. But the recovery in demand for its business aircraft fractional ownership, block charter and lease offerings is proving slower than anticipated, to the extent that the company now doubts whether even a return to modest market growth will be achieved next year, according to chairman and CEO Eric Connor.

September 28, 2010 - 11:01am

Gulfstream Aerospace has received type certificate validation from the Civil Aviation Authority of New Zealand for the Gulfstream G500 and G550, allowing operators to register these business jet types in that country. The two aircraft join the large-cabin GIV, GIV-SP, G400 and G300, all of which New Zealand approved for registration in 2003.

September 21, 2010 - 11:35am

Gulfstream Aerospace this week celebrated the 25th anniversary of the first flight of the Gulfstream IV, which the Savannah, Ga.-based manufacturer said is “the best-selling” large-cabin, long-range business jet in the world. On Sept. 19, 1985, three months ahead of schedule, the aircraft took off from Savannah (Ga.) International Airport, just eight days after it was rolled out at the manufacturer’s headquarters in Savannah.

September 1, 2010 - 6:51am

For the second quarter and first half of this year, fractional aircraft provider NetJets' revenues increased 16 percent and 17 percent, respectively, from a year ago, parent company Berkshire Hathaway said. These gains resulted from an increase in worldwide flight revenue hours, but were partially offset by lower management fees due to fewer aircraft in the NetJets program.

 
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