Now a minority stakeholder in JetSuite, Inc., Qatar Airways investment is expected to drive growth at both JetSuiteX and JetSuite. Separately, Qatar said its private jet division will open offices in Shanghai and Moscow.
During the Farnborough International Airshow this week Qatar Airways Group Chief Executive Akbar Al Baker, and JetSuite Inc. Founder and Chief Executive Officer, Alex Wilcox, reaffirmed their commitment today to expanding JetSuite and JetSuiteX, in a press conference. In April, Qatar Airways took a minority stake in JetSuite and its JetSuiteX to enable faster expansion of the JetSuite fleet and “its ability to reach new destinations, including the potential to bring the semi-private model to additional U.S. regions.”
Operator of the world’s largest private jet fleet, NetJets sell fractional shares, leases, and jet cards as alternatives to full aircraft ownership and on-demand charter
NetJets is promoting its jet card, fractional ownership and private jet leasing products by highlighting what it says are five common misconceptions about the ownership of private jets. According to a post on its website, the Berkshire Hathaway owned provider writes, “Being in the business of private aviation for more than 50 years, we’ve encountered many misconceptions about aircraft ownership. To help you evaluate your private travel investment, we’ve outlined the five, most common jet ownership myths.”
From the Citation Excel/XLS to the Gulfstream G450 if you think NetJets is just for fractional ownership and leases think again
Go to the NetJets website and you might be surprised at how little information you find about specific programs, particularly its jet card programs. While there is a nice directory of the various aircraft types that make up its 700 strong fleet of private jets, the wholly owned subsidiary of Berkshire Hathaway publishes the fewest details we’ve seen from any jet card seller. Yesterday, we talked extensively with executive vice president Pat Gallagher about the company’s programs.