On the coattails of Avantair’s carbon offset announcement, fractional ownership jet provider, NetJets Europe, just announced a major eco-travel initiative. In addition to regular membership costs, all new and existing private jet clients will be required to pay around €4,000 per year to offset their carbon footprints. An additional move announced ... Read Full Article »

In a move similar to Blockbuster Video’s “No More Late Fees” initiative, private jet provider NetJets will announce today that ferry fees will be eliminated for its fractional ownership customers. As Joe Sharkey observes in the New York Times, this is something of a shot-heard-round-the-world in the [private jet] world. Ferry ... Read Full Article »

There’s nothing like having good news about your company in Warren Buffet’s 2006 chairman’s letter to Berkshire-Hathaway shareholders: A much improved situation is emerging at NetJets, which sells and manages fractionally-owned aircraft. This company has never had a problem growing. Revenues from flight operations have increased 596% since our purchase in ... Read Full Article »

Marquis Jet, the developer of the 25 hour jet card using the Netjets fleet, has announced that new prices will take effect after the New Year – the first increase since 2001. Other news is that Netjets has announced that they have an additional 500 aircraft on order – in ... Read Full Article »