On the coattails of Avantair’s carbon offset announcement, fractional ownership jet provider, NetJets Europe, just announced a major eco-travel initiative. In addition to regular membership costs, all new and existing private jet clients will be required to pay around €4,000 per year to offset their carbon footprints. An additional move announced ... Read Full Article »

In a move similar to Blockbuster Video’s “No More Late Fees” initiative, private jet provider NetJets will announce today that ferry fees will be eliminated for its fractional ownership customers. As Joe Sharkey observes in the New York Times, this is something of a shot-heard-round-the-world in the [private jet] world. Ferry ... Read Full Article »

Before boarding a private flight, Helium Report urges flyers to perform some minor pre-flight due diligence. Private jet travel is extremely safe, and checking a few details can bring extra peace-of-mind. Charter trips can be the most complex as several parties are involved: the charter broker, the plane owner, the charter ... Read Full Article »

U.K.-based charter Air Partner reported a 60% gain in sales last month, and pretax profit increase of 188%, while its stock jumped over 30% in the past year. Like U.S.-based Blue Star Jets, Air Partner owns no aircraft, but that hasn’t stopped it from boasting of a blue-chip client list: ... Read Full Article »

There’s nothing like having good news about your company in Warren Buffet’s 2006 chairman’s letter to Berkshire-Hathaway shareholders: A much improved situation is emerging at NetJets, which sells and manages fractionally-owned aircraft. This company has never had a problem growing. Revenues from flight operations have increased 596% since our purchase in ... Read Full Article »

You don’t get to be big without attracting the attention of “certain somebodies,” and NetJets is no exception. Last year, the company concluded labor negotiations with the Teamsters after a five-year negotiation featuring the customary pageantry: pickets at airports and owner Bershire Hathaway’s annual meeting, internal power struggles, competing representation ... Read Full Article »

A key cost driver for all fractional providers is the use of “supplemental lift,” a fancy term for third-party charter planes. These planes are required for peak travel periods, when many fractional owners demand their entire plane at the same time. Another drag on the business model is plane maintenance. ... Read Full Article »

Amidst all the hubbub surrounding the Eclipse, we owe equal time to a stately grand dame with a new lease on life. To borrow from Trump, the Boeing Business Jet is a yuge, yuge plane in all aspects: cost, space, range, capability. Boeing and partner GE took the proven 737 ... Read Full Article »

It looks to be a big month for very light jets (VLJ), with the impending FAA certification of the Eclipse 500. The low-cost six-seater retails for $1.3 million, and has attracted a massive waiting list. Among its customers are DayJet, a bold regional “air-taxi” service based in Florida, and a ... Read Full Article »

Marquis Jet, the developer of the 25 hour jet card using the Netjets fleet, has announced that new prices will take effect after the New Year – the first increase since 2001. Other news is that Netjets has announced that they have an additional 500 aircraft on order – in ... Read Full Article »