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.
Brian Hirsh, President Barbara Telek, Chief Financial Officer Dennis Fox, VP Safety Steve Jackson, VP, Director of Operations Julie Anderson, SVP, Owner Services Chris Poliak, SVP, Aircraft Maintenance Michael, Sylvester, SVP, Managed Aircraft Sales Stephanie Stewart, SVP, Charter Solutions
Berkshire Hathaway’s Executive Jet Management (EJM) is a subsidiary of NetJets. It developed its Cabin Class Jet Card program in response to clients who require guaranteed pricing and a fast, easy process to book their jet charter travel. The program starts with a $100,000 deposit. It is one of the largest Part 135 operators in the U.S.
Executive Jet Management is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.
When was Executive Jet Management founded?
1977
Who owns EJM?
Executive Jet Management (EJM) is a subsidiary of publicly listed Berkshire Hathaway
Who is the CEO?
Brian Hirsh is president
How are their aircraft sourced?
Executive Jet Management a management company
What are the initiation and membership fees?
None
What is Executive Jet Management’s entry-level program?
Executive Jet Management’s entry level jet card program starts at $100,000
Does EJM provide guaranteed availability?
Yes, 315 days per year
Is the hourly rate guaranteed?
Yes
Can jet card holders/members use multiple aircraft at the same time?