Berkshire Hathaway

November 29, 2006 - 9:46am

Europe’s business jet fleet has enjoyed double-digit growth over the past year, according to the latest statistics from UK-based aviation data group Airclaims. Tracking jets registered in 38 European countries, the figures show 1,407 aircraft as of last December 31–a 12-percent increase on the tally of 1,260 at the end of 2004.

November 29, 2006 - 5:35am

NetJets Europe’s plan to take delivery of 30 new aircraft this year requires the addition of 130 to 140 pilots, said William Kelly, who just last month took over as CEO of NetJets Transportes Aereos (NTA), the operating arm of NetJets Europe. An accountant and lawyer, Kelly joined NetJets Europe in 2002 and worked as its CFO for the last three-and-a-half years.

November 28, 2006 - 11:40am

A decade ago, many U.S. charter operators were voicing the same anxieties that their European counterparts are expressing today in their opposition to proposed new part-private part-commercial operating rules for fractional ownership. In short, they too believed that the major fractional providers would wipe them off the face of the earth, having been handed an unfair competitive advantage.

November 28, 2006 - 11:12am

As the debate within EBAA has raged over the past 12 months, opponents of the IWG-BAO’s recommendations for a European version of the Part 91K rules for fractional ownership have complained that the increased flexibility that these allow would give an unfair competitive advantage.

November 28, 2006 - 11:05am

The leadership of the European Business Aviation Association (EBAA) believes it has now reached a workable consensus on the complex and contentious issue of how to regulate fractional ownership operations. According to EBAA chief executive Brian Humphries, the key to achieving a solution that all parts of the industry can accept is an anticipated breakthrough in getting U.S.

November 28, 2006 - 7:07am

Charter broker Air Partner will this summer relaunch its Jet Membership block charter program under the new name JetCard. The new offering will promise maximum flexibility with customers free to opt for a full, no-quibble refund on flight hours bought at any time.

November 28, 2006 - 6:18am

NetJets Europe has bought a pre-owned Raytheon Beech 1900D twin turboprop to ensure timely positioning of flight crews, aircraft technicians and spare parts throughout Europe. Raytheon Airline Aviation Services has laid out the aircraft with a 12-passenger forward cabin and toilet separated by a movable bulkhead from an aft freight compartment that is loaded via a cargo door.

November 21, 2006 - 6:24am

If Berkshire Hathaway’s first-quarter results are any indication, its NetJets subsidiary will record a profit this year, which would be a reversal from $80 million in losses incurred by the fractional aircraft provider last year.

November 15, 2006 - 10:45am

Members of the Teamsters union that represents mechanics, aircraft fuelers and other support personnel conducted what they called "informational picketing" at the NBAA Convention this week and elsewhere against their employer, fractional provider NetJets.

November 15, 2006 - 9:43am

Raytheon announced a broadening of its Hawker product line by introducing the Hawker 900XP and the Hawker 750, both derivatives of the Hawker 850XP. The models will replace the Hawker 850XP when they begin entering service.

 
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