China’s Amber Aviation receives first ex-NetJets private jets

Amber Aviation

Amber Aviation says it has launched its jet card and fractional programs in China ahead of former NetJets private jets it is now receiving

NetJets-backed Amber Aviation has begun taking delivery of aircraft formerly flown by the Berkshire Hathaway-owned operator. The company is selling fractional leases and jet cards.

NetJets invests in Chinese private jet operator Amber Aviation

Amber Jet

NetJets will return to Asia via an investment in Shenzen-based Amber Aviation, which includes providing 20 private jets

Amber Aviation said today it has closed a Series B funding round, including financing from existing investor Hony Capital. However, the big news is that among the new investors is NetJets.

GDP is not the only factor in business jet activity

private jet charter broker

The highest GDP countries in the world won’t necessarily see a boost in private jet fleets

 

While conventional wisdom and other data have always shown a correlation between GDP growth and opportunities for business aviation fleet growth, other factors such as culture, infrastructure, and government regulations are currently holding back gains in countries which are currently seeing the highest growth rates. 

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