NetJets Europe offers fractional ownership of private business jets.
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| Founded | 1996 | |||
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| Fleet size | 165 | |||
| Destinations | Point to point | |||
| Parent company | Berkshire Hathaway | |||
| Headquarters | Paço de Arcos, Portugal | |||
| Key people | Mark Booth, William Kelly, Richard Santulli, Warren Buffett | |||
| Website | http://www.netjetseurope.com | |||
Contents |
History
NetJets Europe, also known by its corporate legal name, NetJets Transportes Aéreos, SA, was founded in 1996 as a sister company of NetJets in the United States. In 2002 Mark Booth, the man who brought MTV to Europe and the former CEO of BSkyB, became the company’s Chairman and CEO. NetJets Europe offers products based on the fractional ownership programme developed in the US in 1986 by Richard Santulli, Chairman and CEO of NetJets Inc.
Services
Fractional Ownership
NetJets Europe has a fractional ownership program where customers purchase a share in one of 11 aircraft types, starting at 50 hours a year. Owners retain financial and legal control over the asset and the share is assigned to a specific serial numbered aircraft. NetJets Europe is responsible for operating the aircraft, providing flight crew management, trip scheduling, ground support and all maintenance services. The company guarantees availability of an aircraft from 10 hours.
The NetJets Corporate Card and Private Jet Card
In 2004 NetJets Europe acquired Marquis Jet Europe and added the Private Jet Card which provides 25 hours on a jet. Soon after, the NetJets Corporate Card was also added, aimed at European companies.
Staff
NetJets Europe operates in over 5,000 airports worldwide, with over 43 European airports serving as gateways (where flight crew can be based). All pilots must be residents of the EU or Switzerland.
Its offices are spread over Europe; sales and marketing are based in London, operations headquarters in Paço de Arcos, near Lisbon, Portugal and legal offices in Switzerland. There is also a dedicated maintenance operation based in Northolt near London, which helps servicing the company's aircraft.
Fleet
Total aircraft types: 11
Light cabin
Midsized cabin
Large cabin
NetJets Companies
NetJets Europe GMBH
NetJets Transportes Aéreos
NetJets Management Limited
External links
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