NetJets Europe sees doubling of shareowners

 - May 7, 2008, 7:44 AM

NetJets owner Warren Buffett told The Wall Street Journal he expects fractional sales will double in Europe to 200 shareowners this year, although he said the enterprise will still lose money this year. To help reach that goal, Buffett hosted several meetings last summer in Europe to convince guests that buying a share of a NetJets aircraft makes good business sense. Next year, NetJets Europe’s fleet of 32 airplanes will increase to 52, said the company.