Richard Santulli

November 6, 2007 - 10:01am

According to the Orlando Sentinel, state and local officials are drafting an incentive package to lure fractional provider NetJets to Orlando, Fla. “As NetJets’ business continues to grow and as we expand and add more employees and more aircraft, we also must add new infrastructure to maintain the highest standards of service and safety,” a NetJets spokeswoman told AIN.

November 2, 2007 - 7:39am

Bill Boisture, who resigned suddenly in April as president of Gulfstream Aerospace, has been on the job for the last 30 days as president of NetJets. He joined the Woodbridge, N.J.-based fractional-ownership operator early last month and is directing the company’s North American operations out of Columbus, Ohio.

October 9, 2007 - 11:19am

And you thought the dot.com bubble-burst was bad.

October 8, 2007 - 9:56am

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

October 3, 2007 - 12:37pm

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

October 3, 2007 - 10:21am

NetJets aircraft will fly 300,000 occupied hours this year, chairman and CEO Richard Santulli told reporters during ceremonies in Columbus, Ohio, to announce a rebranding that changed the company name from Executive Jet Inc. to NetJets Inc. Citing confusion among the press, prospects and customers, Santulli noted that “changing our corporate name to NetJets Inc.

September 26, 2007 - 11:52am

It’s been 21 years since Richard Santulli opened the doors of NetJets, having figured out a way to lower the barriers to entry to business aviation by selling fractional shares in corporate jets. Now all sorts of industries that sell expensive products have latched onto fractional shares; the latest are companies that sell specialized manufacturing equipment to factories that need to switch production lines to new products quickly.

September 20, 2007 - 7:24am

When Kenny Dichter and a buddy from college first had the idea for Marquis Jet, the travel card program that sells time aboard NetJets business jets in 25-hour increments, “We had a vision that this business could be a very big one,” he said.
But the pair didn’t exactly have aviation flowing in their veins, as they say, making Marquis Jet’s overnight success story all the
more intriguing.

August 24, 2007 - 11:34am

While debate over the future of the war in Iraq rages among Congress, the White House and the populace, several organizations and individuals in the business aviation industry have been quietly providing support to servicemen wounded in the conflict. One major effort involves Richard Santulli, creator of the fractional ownership business model and the chairman and CEO of industry leader NetJets.

July 24, 2007 - 6:39am

Thirty years ago, most people would have dismissed anyone who said they’d eventually make money by selling bottled water, especially since tap water was, and still is, plentiful and nearly free. But since then, a lot of people have actually traded tap water for bottled water, resulting in skyrocketing sales of the clear liquid in plastic bottles.

 
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