Tag: NetJets fractional ownership

NetJets is the world’s largest operator of private jets. Its main business is selling fractional shares and leases. It also sells jet cards.

NetJets teases replacing jet cards with 25-hour leases

March 8, 2022March 23, 2022by Doug Gollan

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.

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NetJets to buy up to 150 Lilium eVTOLs

March 4, 2022March 4, 2022by Doug Gollan

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.

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