The world’s largest private jet operator is cutting the price for short flights on light and midsize aircraft
In the email to customers, NetJets also called the list of private aviation companies receiving CARES Act funds “eye-opening”
Private jet short-hops on select aircraft this summer just got cheaper. In an email to its fractional shareowners and jet cardholders, NetJets said it is eliminating the 60-minute minimums for flights. There is no daily minimum. The waiver is valid for the life of your jet card, and on peak days as well.
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NetJets may be ubiquitous with the concept of fractional ownership, and by far the dominant player in the market, but the big question remains, is the unit of Berkshire Hathaway worth a premium?
(Updated April 23, 2022) – There’s no question NetJets is the biggest player in the private aviation sector, three times bigger than Directional Aviation’s Flexjet, the second-largest player. It’s also one of the most purchased programs by the over 3,000 subscribers to Private Jet Card Comparisons. And since I get to talk to you every day, it’s safe to say I have more day-in-day-out contact with private aviation consumers than any other journalist. And if there is one company that comes up more than others, it’s NetJets.