NetJets Europe

October 9, 2007 - 11:47am

According to research from AvData, Amstat and ARG/US,  Cleveland, Ohio-based Flight Options had a share-owner increase of 20.5 percent (from 541 owners to 652 owners) between December 31 last year through June 30 this year, the largest percentage increase of four major fractional aircraft ownership providers (including NetJets, Flexjet and Travel Air). As of last June, Flight Options had a 16-percent share of the owner market.

October 8, 2007 - 11:33am

NetJets Services has chosen Rockwell Collins to provide avionics maintenance repair and technical support on its fleets of Gulfstream G200s and Raytheon Hawker 400XPs. Under two separate 10-year agreements, Collins Aviation Services will provide NetJets with forward exchange avionics support.

October 8, 2007 - 9:56am

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

October 4, 2007 - 5:12am

Undoubtedly, it is still too early to gauge all the effects the September 11 terrorist attacks will have on any segment of aviation. But the signs are emerging that business aviation–with its added security element of direct pilot/passenger interaction, as well as its easy-on, easy-off access–will probably soar above current levels. As in years past, each new group of business aviation experts learns from what is occurring around them.

October 3, 2007 - 12:37pm

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

October 3, 2007 - 10:21am

NetJets aircraft will fly 300,000 occupied hours this year, chairman and CEO Richard Santulli told reporters during ceremonies in Columbus, Ohio, to announce a rebranding that changed the company name from Executive Jet Inc. to NetJets Inc. Citing confusion among the press, prospects and customers, Santulli noted that “changing our corporate name to NetJets Inc.

October 3, 2007 - 9:31am

Pilot hiring by the four major fractional aircraft ownership operators is far ahead of last year’s, according to figures compiled by AIR. The employment analyst reported that in the first eight months of this year, fractional operators hired 300 pilots, compared with 198 for all of last year. AIR reports that NetJets, FlightOptions, Flexjet and CitationShares employed 3,649 pilots as of August 31.

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.

 
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