Last week, Berkshire Hathaway announced its results for the first half of the year, and NetJets swung from goat to hero, with the second quarter wiping out the first quarter’s losses.

Revenue increased 26% with a 23% increase in flight operations management and aircraft sales. The number of aircraft managed has grown 12.6%, and NetJets has tamped down the need for peak-use charter lift – a major source of last year’s losses – by $27 million.

Overall, the fractional business generated a pre-tax gain of $29 million for the first six months, against a $31 million loss for the same period last year. The FlightSafety training services also contributed, with increased demand from corporate business and higher prices. Read the whole 10Q here.