NetJets is going supersonic with 20 Aerion AS2 private jets

AS2 supersonic jet

NetJets has obtained purchase rights for 20 AS2 supersonic business jets. Aerion’s global order backlog grows to $10 billion + ahead of a planned 2023 production start

Aerion signed a memorandum of understanding with NetJets and FlightSafety to explore wide-ranging cooperation

NetJets customers are set to break the speed of sound. The Berkshire Hathaway unit said it had obtained the right to purchase 20 Aerion AS2 supersonic private jets. The list price for the AS2 is $120 million. The order extends Aerion’s order book to over $10 billion. The new aircraft promises speeds of over 1,000 miles per hour.

Fractional Ownership 2020 numbers show NetJets, Flexjet control 85% of the market

NetJets Flexjet

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.

NetJets’ earnings fall on a 27% decline in flight hours

NetJets

Berkshire Hathaway’s Service group, which houses NetJets and Flight Safety, saw revenues drop by $1.15 billion (8.5%) in 2020 compared to 2019. Pre-tax earnings decreased $81 million (4.8%)

The world’s largest private jet operator, NetJets, Inc., saw a drop in flight hours and pre-tax earnings, according to Berkshire Hathaway’s 2020 annual report, released today.

NetJets U.S. Jumping Team looking for a return to glory days

NetJets US Jumping Team

The NetJets U.S. Jumping Team is looking to repeat its first-place showing at this year’s FEI Jumping Nations Cup Wellington CSIO4

After winning the FEI Jumping Nations Cup Wellington CSIO4 last year, the NetJets U.S. Jump Team is looking for another boss performance when the competition begins March 3.

%d bloggers like this: