Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

FlightSafety International is an aviation training provider with global reach. They offer comprehensive programs for pilots, maintenance technicians, cabin crew, and dispatchers. Their state-of-the-art training centers and experienced instructors ensure top-notch training, adhering to strict standards, and promoting safety and proficiency in the industry.

NetJets drove much of the $1.2 billion increase in revenues in the first half of 2023 at Berkshire Hathaway’s services group, the parent company said this week. Revenues from aviation services, which also include income at FlightSafety International, soared 8.2 percent in the second quarter and 13.2 percent in the first half of the year versus comparable periods in 2022, according to Berkshire.
These higher revenues were “primarily due to increases in the number of aircraft in shared aircraft ownership programs and in-flight hours across NetJets’ various programs, as well as higher average rates,” Berkshire said. Overall, the services group—which also includes electronics-components distributor TTI, Cort Furniture, and Dairy Queen—reported $10.5 billion in revenues in the first six months of the year.
First-half pretax earnings at the services group also climbed by $181 million from a year ago, to $1.66 billion. This jump was mostly “attributable to higher overall margin rates in aviation services businesses, primarily due to a 17 percent year-to-date increase in average aircraft in the NetJets programs,” the parent company noted.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

NetJets, FlightSafety International Revenues Climb 13.2% in First Half

Earnings also soared by $181M in period

NetJets drove much of the $1.2 billion increase in first-half revenues of $10.5 billion at Berkshire Hathaway’s services group.

NetJets, FlightSafety Revenues Climb 13.2% in 1H

2024 Corporate Aviation Leadership Summit

Amy Wilder

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Three of the four will be available for charter, one will be corporate shuttle

Elevate Jet Expands Managed Fleet with Four Aircraft

Kerry Lynch

JetPay has an aviation-focused platform, while Nuvion brings global banking infrastructure

JetPay, Nuvion Partner on Global Charter Payment System

Charles Alcock

The private flight provider will support race goers, teams, VIPs, and executives

Flexjet Will Provide Lift for Formula 1 Races

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

News about simulators and training procedures, as well as workforce.

The Air Charter Association members must behave in a legal and transparent way 

Seal of Accreditation Vets Standards for Air Charter Firms

First Pilatus PC-12 NG delivered in April with four co-owners

South Africa’s SoterJets Launches Fractional Program

Airports in cities such as Seattle and Mexico City saw higher than usual traffic levels

World Cup Boosts Business Aviation Flights in Host Cities

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

In this article

NetJets

FlightSafety International

More In Charter & Fractional

Elevate Jet Expands Managed Fleet with Four Aircraft

Three of the four will be available for charter, one will be corporate shuttle

JetPay, Nuvion Partner on Global Charter Payment System

JetPay has an aviation-focused platform, while Nuvion brings global banking infrastructure

Flexjet Will Provide Lift for Formula 1 Races

The private flight provider will support race goers, teams, VIPs, and executives

Seal of Accreditation Vets Standards for Air Charter Firms

The Air Charter Association members must behave in a legal and transparent way

South Africa’s SoterJets Launches Fractional Program

First Pilatus PC-12 NG delivered in April with four co-owners

World Cup Boosts Business Aviation Flights in Host Cities

Airports in cities such as Seattle and Mexico City saw higher than usual traffic levels

Flexjet Takes Its First G500, Boosting Gulfstream Fleet

G500s will eventually replace 32 in-service G450s at the fractional operator

Wheels Up Taps Surf Air’s BrokerOS Charter Software

Operating platform uses Palantir’s artificial intelligence technology

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