Berkshire Hathaway

January 4, 2008 - 6:42am

Rifton Aviation at Stewart International Airport (SWF) in Newburgh, N.Y., has confounded observers since it took over the former W.R. Grace hangar several years ago. Operated by the Anabaptist Bruderhof religious community, the FBO expanded quickly, riding the tide of economic prosperity late in the last decade. The county planned an expansive industrial park nearby, meant to go hand in glove with development and marketing of the airport.

January 4, 2008 - 5:43am

Asia is set to get its first full fractional ownership program by year-end. Bangalore, India-based Aviators expects to begin operations with three Cessna Citation Excels and three Pilatus PC-12 turboprop singles during the fourth quarter of this year.

December 27, 2007 - 11:31am

Lufthansa is ordering its own business jets to replace those supplied thus far by NetJets Europe (NJE) for Lufthansa’s Private Jet service. The German-based carrier claims the success of the service makes a sound business case for buying the aircraft.

December 20, 2007 - 5:15am

Early last month the NetJets pilots overwhelmingly supported a major amendment and five-year extension to their collective-bargaining agreement between NetJets Aviation (NJA) and Teamsters Local 1108, the union representing the fractional provider’s pilot group.

December 17, 2007 - 11:25am

Six months ago, when 10 new states joined the European Union (EU), the lifting of trade and political barriers enlarged the world’s largest borderless marketplace to 450 million people. Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Cyprus and Malta joined the existing 15 member states on May 1. In 2007 Bulgaria and Romania are likely to join the EU, with Croatia and Turkey to follow eventually.

December 14, 2007 - 7:37am

Mount Saint Helens wasn’t the only imminent eruption last month. With liquid magma figuratively coursing through their veins, many NetJets pilots–estimated by some in the flying ranks to be an “overwhelming majority”–were expressing anger over the tentative agreement (TA) their master executive council (MEC) struck with the company for a new three-year labor contract.

December 11, 2007 - 12:03pm

Germany-based airline Lufthansa and NetJets Europe (NJE) are embroiled in a disagreement over the recently announced termination of their partnership of Lufthansa Private Jet. Specifically, the clash is about when the actual date of the termination becomes effective. Lufthansa insists the agreement is valid until February, but NJE is asserting Lufthansa has already used all of its share-allocated flight hours.

December 11, 2007 - 11:40am

On Friday, NetJets pilots overwhelmingly supported a major amendment and extension to their collective-bargaining agreement between NetJets Aviation and Teamsters Local 1108, the union representing the fractional provider’s pilot group. The NetJets pilots approved the interest-based bargaining (IBB) amendment, with 75.7 percent of eligible members voting in favor of the measure; voter participation reached a historic 95.8 percent.

November 30, 2007 - 9:04am

Darnell Martens, president and CEO of Vitesse, has devoted his career to business aviation. He began his career with Booz, Allen & Hamilton and at age 22 left the position of senior consultant to cofound American Helicopters, the first of several business aviation companies.

November 27, 2007 - 11:36am

The NetJets Aviation (NJA) pilots, represented by IBT Local 1108, are currently voting on an “interest-based bargaining” proposal that was struck between management and pilot representatives last month.

 
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