NetJets drops Marquis Jet brand

calm body of water during golden hour

Jet card brand Marquis Jet has been retired by NetJets. It was acquired when it bought Marquis Jet Partners in 2010

The jet card world is losing another iconic brand. After Wheels Up dropped the Delta Private Jets brand in February, NetJets has retired the Marquis Jet brand. It had been using the mark for its jet cards.

NetJets’ earnings fall on a 27% decline in flight hours

NetJets Fleet

Berkshire Hathaway’s Service group, which houses NetJets and Flight Safety, saw revenues drop by $1.15 billion (8.5%) in 2020 compared to 2019. Pre-tax earnings decreased $81 million (4.8%)

The world’s largest private jet operator, NetJets, Inc., saw a drop in flight hours and pre-tax earnings, according to Berkshire Hathaway’s 2020 annual report, released today.

NetJets reaches $2 million in donations to (RED)

NetJets Fleet

NetJets donates a portion of purchases from its (RED) Marquis Jet Card to support prevention, treatment, counseling, HIV testing, and care services

NetJets has reached a donation total of over $2 million to the Global Fund, the recipient of all (RED) monies, according to an update on its website.

NetJets cuts the cost of short flights on Citation Latitude, XLS and Phenom 300

NetJets financials

The world’s largest private jet operator is cutting the price for short flights on light and midsize aircraft

In the email to customers, NetJets also called the list of private aviation companies receiving CARES Act funds “eye-opening”

Private jet short-hops on select aircraft this summer just got cheaper. In an email to its fractional shareowners and jet cardholders, NetJets said it is eliminating the 60-minute minimums for flights. There is no daily minimum. The waiver is valid for the life of your jet card, and on peak days as well.

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