NetJets Europe

October 2, 2007 - 12:01pm

Executive Jet has named former communications and entertainment executive Mark Booth co-chairman of its NetJets Europe fractional aircraft ownership program. Booth, based in London, will help expand NetJets throughout Europe. He joined NetJets from epartners, a subsidiary of News Corp., where he was a general partner. His career has spanned 20 years in the communications and entertainment industries.

October 2, 2007 - 11:34am

Recently established Marquis Jet Partners of New York City has purchased shares in several NetJets’ fractional-ownership aircraft and is marketing prepaid, 25-hr block-charter times to Marquis card holders on these aircraft, which will be operated by NetJets under its Part 135 certificate. Aircraft initially in the program include the Citation X, Ultra, and Excel, the Hawker 800XP and the Falcon 2000.

September 26, 2007 - 11:52am

It’s been 21 years since Richard Santulli opened the doors of NetJets, having figured out a way to lower the barriers to entry to business aviation by selling fractional shares in corporate jets. Now all sorts of industries that sell expensive products have latched onto fractional shares; the latest are companies that sell specialized manufacturing equipment to factories that need to switch production lines to new products quickly.

September 26, 2007 - 9:29am

NetJets Europe is building carbon-offsetting costs into its fractional ownership prices in a bid to become a carbon-neutral operation by 2012. Beginning October 1, all new clients and existing clients who renew their contracts will purchase carbon credits that cancel out the carbon produced when they take flights. Current customers will be asked to sign up for the program voluntarily as part of their existing contracts.

September 26, 2007 - 8:05am

NetJets Europe is building carbon offsetting costs into its fractional ownership prices in a bid to become a carbon-neutral operation by 2012. Beginning October 1, all new clients and existing clients who renew their contracts will purchase carbon credits that cancel out the carbon produced when they take flights. Current customers will be asked to sign up for the program voluntarily as part of their existing contracts.

September 21, 2007 - 5:55am

Al Pod, former president and CEO of NetJets subsidiary Executive Jet Management, has been named to conduct an examination of potential opportunities for NetJets fractional-share operations in China. “We have looked at China in the past,” NetJets president Jim Christiansen said, “and until now we had felt that we weren’t ready or perhaps China wasn’t ready.” Pod is being tapped to lead the six-month study.

September 20, 2007 - 11:06am

Harrods Aviation (Booth No. 1939) is set to open its new, purpose-built FBO at London Luton Airport in December. The $12 million investment by the UK business aviation services group consists of a substantial two-floor building constructed around an existing hangar, with room for dedicated arrival and departure lounges and extra office space.

September 11, 2007 - 11:17am

Mark Wilson, chief executive of the British Business and General Aviation Association (BBGA), plans to leave the organization in mid-October to take a new position as director of regulatory affairs with NetJets Europe. Wilson joined the General Aviation Manufacturers and Traders Association in 2003 and led its merger with the UK’s Business Aircraft Users Association to create BBGA.

September 11, 2007 - 11:14am

Al Pod, former president and CEO of NetJets subsidiary Executive Jet Management, has been tapped to conduct an examination of opportunities for NetJets fractional share operations in China. “We have looked at China in the past,” NetJets president Jim Christiansen told AIN, “and until now we had felt that we weren’t ready or perhaps China wasn’t ready.” Pod will lead the six-month study.

August 29, 2007 - 7:31am

Although the second quarter of this year raised the order backlog at Hawker Beechcraft to a company record $5.1 billion, roughly double what it was at the same time last year, the realities of purchasing Raytheon’s aircraft division led to an operating loss of $36.6 million. Sales for the second quarter were down 10 percent from last year to $701 million, despite the fact the manufacturer delivered two more aircraft in the same period.

 
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