NetJets Europe

November 1, 2012 - 6:00am

AIN asked NetJets Europe to comment on the market conditions that have led it to seek further cuts among its pilot workforce. The company responded with the following written answers:

Demand for private aviation is clearly proving slow to recover. What is your current projection for demand levels going into 2013 and 2014?

November 1, 2012 - 4:10am

Anticipating several more years of suppressed demand for private aviation, NetJets Europe is seeking further voluntary redundancies from its pilot workforce. The fractional ownership and jet card provider is in consultation with its flight crews in the hope of avoiding compulsory layoffs, with some of the temporary payroll reduction measures it took in 2009 set to expire by the end of next year.

October 31, 2012 - 9:40am

FLYHT Aerospace Solutions (Booth No. 2893) is installing its automated flight information reporting system AFIRS 228 on Hawker 750 through 900XP models operating in Europe. Fractional ownership provider NetJets Europe will be the first to benefit from the new supplemental type certificate (STC).

EASA has granted the Calgary, Canada-based firm an “activation STC,” as a follow-on to a “provisions-only STC.” The provisions systems, already installed on 10 of NetJets Europe’s Hawkers, include the tray, wiring and antenna. NetJets Europe has ordered 30 AFIRS 228 complete kits.

October 29, 2012 - 4:10pm

NetJets has selected MedAire, an International SOS company, as its medical assistance provider for both customers and crewmembers, in-flight and on the ground. MedAire will provide medical kits for the aircraft and first-aid medical training for crewmembers. MedAire also provides all medical services to NetJets Europe and Executive Jet Management. “Safety is NetJets’s top priority and the foundation of everything we do,” said Bill Nice, the company’s global COO.

October 29, 2012 - 3:15pm

NetJets unveiled its new Bombardier Global 6000 at the NBAA show static display last night. The fractional ownership giant has spent 18 months developing the Signature Series cabin interior for the large-cabin aircraft and will also roll out the new design to other new members of its fleet, including the Challenger 300 and 605. The aircraft is part of the 50-ship firm order for Global business jets placed by NetJets in March last year, along with options for 70 more.

October 11, 2012 - 3:10pm

Despite the outward appearance of growth with the recent announcement about the addition of Bombardier Global 6000s to its fleet, NetJets Europe is seeking further voluntary redundancies from its pilot workforce in response to prolonged softening in demand for fractional shares and jet cards, the company confirmed. It has begun a consultation process with flight crews, repeating an exercise that it embarked on three years ago at the height of the financial crisis.

October 9, 2012 - 4:10pm

NetJets Europe held an event last week in Geneva to introduce the Bombardier Global 6000 as the next type in its fleet. Meanwhile, the fractional operator awaits delivery of its first completed Global 6000 in December and is expecting to start commercial operations with the ultra-long-range jet on February 1.

October 9, 2012 - 3:45pm

Gregg Slow joined XOJet as its senior vice president of sales and national accounts, the company announced today. He is also a member of the aircraft charter firm’s senior executive team. In his new role, Slow will be based at XOJet’s New York office and be responsible for new client acquisition and strategic account management nationally. Previously, Slow was a senior vice president at NetJets, where he was responsible for developing and managing sales for the New York City region, the company’s largest territory in the country.

October 5, 2012 - 4:35am

NetJets is adding in-flight Aircell Internet service to another 100 or so aircraft in its fleet. In 2010 the fractional operator initially opted for Aircell Internet service aboard more than 250 of its jets, and the additional 100 systems will expand NetJets’ connected fleet by about 40 percent. The installation process is already under way at Duncan Aviation, and NetJets expects the entire retrofit program to be completed by mid-2014.

September 25, 2012 - 10:08am

Companies interviewed for this year’s fractional and charter market special report indicate that business is decent, although nowhere near the pre-recession pace of 2005 and 2006. The fractional-share business, at one time assumed by many to be dying or at least permanently flat, is growing, but still at a slow rate.

 
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