The world’s largest private jet operator has signed a memorandum of understanding to buy up to 150 Lilium eVTOLs for its U.S. and European fractional ownership programs
NetJets is jumping into the market of first-generation electric vertical vehicles. The unit of Berkshire Hathaway has signed a memorandum of understanding with Lilium to buy up to 150 of the zero emissions aircraft.
Jet Linx is the fourth major jet card seller to suspend sales of new jet cards in advance of the peak holiday period, following NetJets, Sentient, and Executive Jet Management
Late Friday, Jet Linx Aviation sent an email advising prospects it was temporarily suspending sales of new jet cards. The move was effective immediately.
Backed by record demand and with no letup in sight, operators from NetJets to niche brokers are announcing ambitious fleet growth targets
Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.
The third-largest Part 135 operator, EJM has joined NetJets, creating a waitlist for its Ascend membership as demand spikes
Days after NetJets said it was suspending jet card sales across the board, its aircraft management arm Executive Jet Management, known as EJM, is now following suit. Both are owned by Berkshire Hathaway.