NetJets will add 30 more aircraft by the end and another 70 next year, according to an email sent to customers today
The world’s largest private jet operator is getting bigger, faster than it previously planned. Before the pandemic, NetJets said its fleet plan was to add approximately 40 new private jets annually over the next 10 years.
As flying hits record levels, NetJets is pulling back on its jet card program, eliminating peak day flights on its Elite cards and suspending sales of its Classic jet cards
After telling customers it is hitting record flight levels, NetJets is now pulling back on its jet card program, at least for the time being.
The world’s largest private jet operator – NetJets – says flying is now at record levels and it will take delivery of over 50 new private jets this year
While rivals Flexjet and Jet Edge are moving to challenge NetJets with varied strategies, the market leader shows no signs of letting up. In a letter to customers, NetJets president Patrick Gallagher wrote the Berkshire Hathaway-owned fractional and jet card provider would take delivery of over 50 factory-new aircraft this year.
Private jet fractional ownership continues to be dominated by NetJets and Flexjet
Argus TRAQPak’s annual business review of private jet fractional ownership operators in North America shows from the handful of players, NetJets and Flexjet continue to dominate. Together, the top two players control 85.8% of the market based on flight hours.