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While it’s hard to decipher NetJets‘ financial performance from Berkshire Hathaway’s quarterly reports and other filings, it appears the world’s largest private aviation provider is weathering this recession much better than the last one.
While NetJets has long had many initiatives around reducing carbon footprint, today, it is launching an umbrella program around three key points of focus. It is also for the first time publishing on its consumer website the cost to buy carbon offsets and now will highlight the offset options in all proposals to both individual and corporate customers.
It looks like NetJets has made another change to its jet card line-up. The latest is a new 100-hour jet card. Previously, its offerings were based on buying units of 25 or 50 hours.
The 2-Year 100-Hour Card is a mix of pricing and policies from its Elite and Classic offerings. NetJets brands its card program under the Marquis Jet label.
After taking a cautious approach at the beginning of the current COVID-19 pandemic, NetJets has turned into a bull.
In an email to customers today, NetJets president Patrick Gallagher wrote, “Private aviation fared much better and has rebounded faster, though it is not yet back to pre-pandemic levels.”
As the professional golf tour continues its return, NetJets is saluting the golfers using its services to reach peak performance.
NetJets, a division of Berkshire Hathaway, has revealed its current fleet, and there are significant changes.
The biggest move is both its Dassault Falcon 2000s and Cessna Citation Xs are no longer available for jet card, fractional share purchases or leases.
NetJets customers crisscross the world, often giving as little as four hours notice. They essentially get to schedule their own personal airline based on their needs of the day.
One destination that’s probably not on the regular itinerary for most is Columbus, Ohio. That’s the headquarters for the world’s largest private jet operator.
