NetJets sees big increase in new customers as Berkshire Hathaway reports Q3 financials

NetJets financials

NetJets achieved a three-fold rise in new customers for the year as Berkshire Hathaway reports a 14.3% “aggregate” revenue drop for NetJets and Flight Safety year-to-date

While it’s hard to decipher NetJets‘ financial performance from Berkshire Hathaway’s quarterly reports and other filings, it appears the world’s largest private aviation provider is weathering this recession much better than the last one.

Wheels Up adds whole aircraft sales unit

Wheels Up appoints Bergeson COO

Wheels Up Aircraft Sales enables the private aviation provider to offer one-stop shopping

Jet sharing, empty legs, on-demand charter, fixed-rate jet cards, aircraft management, MRO services, and now full aircraft sales brokering are under the Wheels Up brand

With a powerful digital presence and brand recognition only matched by market leader NetJets, Wheels Up is once again showing it intends to be a driving force in private aviation.

This morning’s announcement of Wheels Up Aircraft Sales puts the company into aircraft brokerage, acquisition, trade, and advisory services.

NetJets updates COVID-19 Coronavirus impact on operations

NetJets

The world’s largest private jet operator has released a summary of both precautions it is taking as well as current travel restrictions

As more and more airlines cut back on their flight schedules due to government restrictions and plummeting demand, NetJets and other private aviation providers continue to offer critical links in these challenging times.

In an update posted yesterday on its website, the world’s largest private jet operator wrote, “The COVID-19 pandemic has created a constantly changing landscape at NetJets. We will continue to issue operational updates as they become available, but we wanted to take a moment to provide reassurance that we are taking all necessary precautions to mitigate the spread of the virus and continue to keep our owners and our employees safe.”

NetJets launches security services for customers

NetJets

The new offering comes via subsidiary QS Security Services

NetJets has launched a new subsidiary with QS Security Services. It’s a global network of security partners with superior expertise in personal protection.

The unit of Berkshire Hathaway “will protect high-profile travelers by leveraging decades of unmatched security expertise gained from federal, state, and local law enforcement, as well the U.S. military.”

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