NetJets’ Chinese joint venture, NetJets Business Aviation Ltd, obtained its operating permit from the Civil Aviation Administration of China (CAAC) yesterday. This moves NetJets China closer to the final step in its certification–approval of its operating certificate, which would allow it to begin providing private jet services for customers in China.
NetJets’ repair stations achieved a new safety milestone yesterday, entering Level III of the FAA’s safety management system (SMS) program. As such, NetJets is the first repair station in the U.S. to achieve this safety level.
Morale among industry visitors to last month’s 14th annual European Business Aviation Convention & Exhibition (EBACE) seemed conclusively higher than it has been for much of the past half dozen or so years, blighted as they have been by a stilted recovery from the financial crisis of 2008.
Fractional-share provider NetJets (Booth 6656) is celebrating the 50th anniversary of the founding of Executive Jet Airways, a U.S. charter and management company that is NetJets’s corporate ancestor. The first celebration took place at an EBACE 2014 event yesterday, held with Bombardier at the static display.
Fractional-share provider NetJets Europe (Booth 6656) expects to receive its first new Bombardier Challenger 350, built to the specifications of NetJets’s Signature Series, in mid-2015. NetJets U.S. will begin taking deliveries of the model this summer. Additional aircraft on order are planned for delivery over the next few years.
Fractional provider NetJets is celebrating the 50th anniversary of the founding of its corporate ancestor, U.S. air charter and management company Executive Jet Airways, later renamed Executive Jet Aviation. The first celebration took place today at EBACE, with follow-on festivities scheduled for NetJets’ main headquarters in Columbus, Ohio, tomorrow; at the company’s offices in London on Thursday; and at NetJets Europe’s offices in Lisbon, Portugal, on Friday. EJA was founded on May 21, 1964, by a group of retired World War II U.S. Air Force generals led by Brigadier General O. F.“Dick” Lassiter.
Clive Jackson, serial tech entrepreneur and CEO of Victor, will be speaking on the panel at a seminar this tomorrow afternoon entitled “Can business aviation expand to meet the expectations of a new category of passengers?” at a time when his own company has grown to do just that.
Launched in 2011, the charter and empty leg/per seat sales site Flyvictor.com can now be used to access availability from more than 100 aircraft operators representing a total fleet that already exceeds 800 aircraft worldwide.
Marshall Aerospace and Defence Group is one of the oldest and most respected names in aerospace through its long history, consisting primarily of military work. While it has been involved in business aviation for many years, and has 40 years’ experience in performing MRO work on Cessna Citations, the group is now dramatically expanding its footprint in the sector.
Jim Christiansen, a giant in the business aviation industry, passed away last night at the age of 67. He led several large air charter firms, as well as NetJets, over his nearly 50-year career, most recently serving as vice president of business development at FlightSafety International.
First-quarter revenues at NetJets and FlightSafety International soared by 12 percent and 14 percent, respectively, according to parent company Berkshire Hathaway. Higher revenues at NetJets reflected increased sales of fractional aircraft and flight services revenues due to increased flight hours, while FlightSafety’s increase was the result of increased simulator training activity. Quarterly revenues at its services businesses, which include NetJets and FSI, increased by $284 million, to $2.4 billion, while profits climbed by $34 million, to $243 million.