NetJets Europe
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NetJets Europe offers fractional ownership of private business jets.

Founded 1996
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

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.
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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.
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Staff

NetJets Europe Hawker 800XP CS-DNU at Innsbruck Airport in Austria. The NetJets Europe fleet is registered in Portugal

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

Raytheon Hawker 800XP

Total aircraft types: 11

Light cabin
Cessna Citation Bravo
Hawker 400XP

Midsized cabin
Hawker 800XP
Hawker 750
Cessna Citation XL/XLS
Hawker 4000

Large cabin
Falcon 7X
Falcon 2000EX/2000 Classic
Gulfstream IV/V/550
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NetJets Companies

NetJets Europe GMBH

NetJets Transportes Aéreos

NetJets Management Limited