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NetJets

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NetJets is an American company that sells fractional ownership shares in private business jets, founded on May 21, 1964, as Executive Jet Airways and renamed NetJets in 2002. Berkshire Hathaway acquired the company in 1998 for 725 million dollars, and it is headquartered in Columbus, Ohio. NetJets pioneered fractional aircraft ownership with its 1986 launch of that business model and now operates the world's largest private business jet charter and aircraft management fleet, with about 792 aircraft as of April 2025. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

Facts
Company Type
Company Type (category)
Subsidiary 1
Founded Year
1964 2
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Source Wikipedia: NetJetstier 2
Sources
1. Wikipedia, NetJets
  • Lead section
    NetJets Inc. is an American company that sells fractional ownership shares in private business jets.
  • Lead
    It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998.
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2. Wikipedia: NetJets
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