COMPANY

NetJets

News

Finance, Taxes, Insurance

Great Wealth Transfer Could Reshape Air Charter Demand

Younger high-net-worth individuals may shift to charter, avoid capital gains tax burden
Richard Koe, managing director of WingX by JetNet, left, speaks with UBS Global Wealth Management chief economist Paul Donovan about global trends set to shape bizav in the coming years
Finance, Taxes, Insurance

NetJets, FlightSafety Revenue Rises in First-half 2026

Pre-tax earnings for service group climb 20.6%
Embraer phenom 300 in flight
Accidents

Fuel System Components Eyed in NetJets Citation Crash

NTSB found damaged starter generator and fractured fuel assembly
Figure 1 from the NTSB preliminary report: Right engine fuel tube assembly and fuel pressure switch, showing damage to the system
Accidents

NetJets Latitude Accident Marks First Frax Fatality

Diverted from planned flight to Austin and landed on road
ADS-B Exchange flight-tracking of NetJets Latitude
Aircraft

NetJets Adds Its First Citation Ascends to Fleet

Fleet launch customer NetJets is initially taking delivery of three
Textron Aviation Cessna Citation Ascend
Finance, Taxes, Insurance

NetJets, FlightSafety See 11.8% Revenue Growth in Q1

Increased aircraft ownership and flight hours drove gains
Phenom 300
Charter & Fractional

Masters Tourney NetJets Pax Get Preview of New Terminal

Construction is underway, with the new ramp already open
NetJets new terminal at Augusta Regional Airport
Aircraft

NetJets Takes Delivery of Its First Global 8000

Fractional ownership provider will ultimately have 24 in its fleet, including Global 7500 conversions
NetJets president Patrick Gallagher (left) and Bombardier's David Murray at Global 8000 delivery ceremony
Charter & Fractional

Fractional Programs, Flight Hours Boost NetJets in 2025

NetJets helped lead Berkshire Hathaway service group to 11% revenue increase in 2025
NetJets Embraer Praetor 500 (Photo: Embraer)
Charter & Fractional

NetJets Ends Citation XLS Jet Card Sales

Jet card changes coincide with fleet adjustments toward Citation Ascend