NetJets

NetJets
IATA ICAO Callsign
1I EJA EXECJET
Founded21 May 1964 (1964-05-21)
United States[citation needed]
AOC #DXTA401D[1]
Subsidiaries
  • Executive Jet Management, Inc.
  • NetJets Aviation, Inc.
  • QS Partners
  • NetJets Europe
  • QS Security Services[2]
Fleet size750 (August 2020)[3]
DestinationsPoint to point
Parent companyBerkshire Hathaway
HeadquartersColumbus, Ohio, United States
Key people
  • Chairman and CEO: Adam Johnson
  • President of Sales, Marketing and Service: Patrick Gallagher[4]
Employees7,000[5]
Websitewww.netjets.com Edit this at Wikidata

NetJets Inc. is an American company that sells fractional ownership shares in private business jets.[6]

Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998.[7][8]

  1. ^ Cite error: The named reference FAA was invoked but never defined (see the help page).
  2. ^ "The Future Of Air Charter". Business Jet Traveler. 5 November 2020.
  3. ^ Motavalli, Jim. "Flexible Programs Attract More Private Flyers Wary of Commercial Flights". Barron's. ISSN 1077-8039. Archived from the original on 13 February 2021. Retrieved 28 December 2021.
  4. ^ Cite error: The named reference NetJetsHistory01 was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference NetjetsMarch2018 was invoked but never defined (see the help page).
  6. ^ Simon, Hermann (19 July 2009). Hidden Champions of the Twenty-First Century: The Success Strategies of Unknown World Market Leaders. Springer Science+Business Media. p. 13. ISBN 978-0387981468. LCCN 2009928014. OCLC 889696178. OL 24537760M. NetJets poineered the fractional ownership concept for private jets.
  7. ^ Mark, Huber (16 May 2015). "NetJets Trounces Rivals". barrons.com. Archived from the original on 31 March 2021. Retrieved 31 March 2021.
  8. ^ Catalano, Robin (20 January 2018). "NETJETS COMPARED TO WHEELS UP". sherpareport.com. SherpaReport. Archived from the original on 2 July 2019. Retrieved 20 October 2019. NetJets, founded by three retired military pilots in 1964 as Executive Jet Aviation, is the granddaddy of fractional ownership and private jets. Since its inception, it has grown from a fleet of ten Learjet 23 aircraft to 10 types of planes and nearly 700 aircraft worldwide—the world's largest private jet fleet.

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