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.
The world’s largest private jet operator said Brexit won’t impact its operations in Europe
While private aviation brokers and operators in Europe are to some degree scrambling now that Brexit has come to fruition, NetJets Europe says it was prepared, and there is no impact for its customers.