Today Oliver von Borstel, accompanied by Bob Juchter van Bergen Quast, has discussed a number of complex and specific issues regarding business development in the private jet-sector with mr Menno-Klaas van der Heide, Vice President NetJets Europe, a subsidiary of Berkshire Hathaway. NetJets is an American company that sells part ownership or shares (called fractional ownership) of private business jets. NetJets was founded in 1964 as Executive Jet Aviation. It was the first private business jet charter and aircraft management company in the world.

Only NetJets provides a total focus on a client’s needs, with the elegant simplicity of a single point of contact for his/her travel demands. NetJets’ commitment to highest levels of service, safety, and convenience is unmatched in private aviation. NetJets has a unique concept, called shared ownership, where a client purchases a portion or “share” of a specific aircraft.

Such a share equals a specific number of hours the client can fly in that aircraft—with the ability to upgrade or downgrade to any other jet in our fleet. Convenience, service, safety, and access are NetJets’ primary concerns. A client of NetJets has his own personal Owner Services Team, the cleanest and best-maintained jets in the world, safety protocols that exceed industry standards, jet availability in as few as 10 hours, and a commitment to service and discretion unrivaled in the industry.

A NetJets share provides the valuable tax benefit of owning a portion of a depreciating asset without the large capital outlay for an entire aircraft. And a client’s investment allows NetJets to continually refresh its inventory and constantly rejuvenating its fleet with the newest aircraft models in the market.

The meeting with mr Van der Heide was focussed on sharing knowledge and has proven to be very interesting for both parties.