NetJets is pitching 25-hour, 5-year leases saying it’s “not sure” when a “short-term card will be offered, if ever”
NetJets sales executives are telling customers they are “not sure when the 25-hour short-term (jet) card will be offered, if ever.” Instead, they are pitching a 25-hour lease with a five-year term to fly starting in 2022 after the Easter holiday.
NetJets may be ubiquitous with the concept of fractional ownership, and by far the dominant player in the market, but the big question remains, is the unit of Berkshire Hathaway worth a premium?
(Updated April 23, 2022) – There’s no question NetJets is the biggest player in the private aviation sector, three times bigger than Directional Aviation’s Flexjet, the second-largest player. It’s also one of the most purchased programs by the over 3,000 subscribers to Private Jet Card Comparisons. And since I get to talk to you every day, it’s safe to say I have more day-in-day-out contact with private aviation consumers than any other journalist. And if there is one company that comes up more than others, it’s NetJets.