AIN Staff

Fractional-operator NetJets has terminated its franchise agreement regarding fractional services with National Air Services (NAS) of Saudi Arabia, AIN learned today. NAS CEO Sulaiman Al-Hamdan conveyed the news to NAS employees via an email dated October 31, and promised that the company's business would continue as is.
A NetJets Europe spokesperson told AIN via email,&nbsp;“The 11-year-long franchise agreement with NAS in Saudi Arabia, known as NetJets Middle East, has been a great way for NetJets to understand and venture into the Middle East market. NetJets has decided to end its franchise agreement with NAS. In the meantime NetJets will provide alternative solutions to our owners who need to fly in this region.”
The National AIr Service fractional operation, which goes under the name NasJets, currently flies Gulfstream IV-SPs and G450s; Dassault Falcon 2000s and 2000LXs; and Hawker Beechcraft Hawker 750s and 800XPs. It has a flight staff of some 75 pilots and 36 flight attendents.&nbsp;In additon to fractional aircraft services, NasJets also provides charter flights and aircraft brokerage.
NetJets Middle East began operations with NAS in 1999. In November 2009, parent company NetJets Inc. <a href="http://www.ainonline.com/?q=aviation-news/aviation-international-news/2009-12-23/netjets-middle-east-adds-falcon-fleet-launches-jet-card">renewed its joint-venture agreement with NAS</a> for a further three years. To comply with Saudi law, Jeddah-based NAS owns and operates the fractional fleet. NetJets guaranteed that its standards were met in terms of crew experience, service levels and the condition of aircraft.

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

NetJets Europe Ends Fractional Agreement with Saudi Arabia's National Air Services

Fractional-operator NetJets, has terminated its franchise agreement regarding fractional services with National Air Services (NAS) of Saudi Arabia.

2024 Corporate Aviation Leadership Summit

Chad Trautvetter

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Four-week strike will affect aircraft deliveries in the fourth quarter

Textron Aviation Ships 41 Bizjets in 3Q Despite Strike

New developments and products in avionics, specifically about aircraft electronics in the cockpit.

Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

Flight testing on the first of three Bombardier jets is being conducted in Wichita

Global Starts Flight Tests for German Army Surveillance Role

Sarah Rose

Upgrade aims to enhance performance and reliability

Blackhawk's Upgrade To Increase Power of King Air 360

Jessica Reed

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

The 850 Series SKYscapes Effect Finishes offer a high-performance polyurethane base coat 

Sherwin-Williams Paints the Sky with Coating Upgrades

Curt Epstein

Experts say the market is reaching equlibrium after Covid boost

Aircraft Brokers Enjoying Healthy, Stable Market

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

More In Aircraft

Textron Aviation Ships 41 Bizjets in 3Q Despite Strike

Four-week strike will affect aircraft deliveries in the fourth quarter

Global Starts Flight Tests for German Army Surveillance Role

Flight testing on the first of three Bombardier jets is being conducted in Wichita

Blackhawk's Upgrade To Increase Power of King Air 360

Upgrade aims to enhance performance and reliability

Sherwin-Williams Paints the Sky with Coating Upgrades

The 850 Series SKYscapes Effect Finishes offer a high-performance polyurethane base coat

Aircraft Brokers Enjoying Healthy, Stable Market

Experts say the market is reaching equlibrium after Covid boost

Industry Leaders Share Insights on Scaling AAM Operations

Executives from Lilium, Beta Technologies, Electra, Atlantic Aviation, and Signature Aviation participated in the discussion

Electra Aero's Nine-passenger eSTOL Set for Reveal

Hybrid-electric design works within existing infrastructure

Camp Systems Launches Pricing and Quoting Solutions

SalesEdge Quoting is a web-based module for Quantum and Corridor

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN