NetJets Europe

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 - 11:02am

As a group, the four largest fractional operators reported pilot hiring activity significantly off from what it was a year ago, according to AIR Inc., the Atlanta firm that tracks the aviation job market. In the first nine months of this year, AIR Inc. said NetJets, Flight Options, CitationShares and Flexjet hired a total of just 148 pilots compared with 997 in the same period last year.

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 15, 2007 - 11:15am

When Richard Santulli sold three fractional shares in a business aircraft in 1986, people snickered. Ten years later, NetJets had sold 1,551 shares and Santulli was the one left laughing. Today, NetJets has company in the fractional-ownership industry, an industry that now represents 5,827 fractional shares. Even with the current economic slump, last year’s new share sales were up by 17 percent over the tally for 2001.

October 9, 2007 - 11:47am

According to research from AvData, Amstat and ARG/US,  Cleveland, Ohio-based Flight Options had a share-owner increase of 20.5 percent (from 541 owners to 652 owners) between December 31 last year through June 30 this year, the largest percentage increase of four major fractional aircraft ownership providers (including NetJets, Flexjet and Travel Air). As of last June, Flight Options had a 16-percent share of the owner market.

October 8, 2007 - 11:33am

NetJets Services has chosen Rockwell Collins to provide avionics maintenance repair and technical support on its fleets of Gulfstream G200s and Raytheon Hawker 400XPs. Under two separate 10-year agreements, Collins Aviation Services will provide NetJets with forward exchange avionics support.

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 4, 2007 - 5:12am

Undoubtedly, it is still too early to gauge all the effects the September 11 terrorist attacks will have on any segment of aviation. But the signs are emerging that business aviation–with its added security element of direct pilot/passenger interaction, as well as its easy-on, easy-off access–will probably soar above current levels. As in years past, each new group of business aviation experts learns from what is occurring around them.

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.

 
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