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Fractional Ownership Blog

This Fractional Ownership Blog provides news and articles related to Fractional Ownership, Private Residence Club, and Destination Club, and other properties.

Tag >> NetJets

 

ORLANDO, Fla. - November 4, 2009 - Announced today, The Ritz-Carlton Destination Club, an equity-based, luxury destination club, and Marquis JetSM*, the leader in private jet cards, have forged a new partnership. For the benefit of their Club Members and Jet Card Owners, this alliance presents the opportunity to blend the very best in the world of private jet cards with the foremost purveyor of inspiring vacation home experiences.


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Washington Post

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NetJets Inc. Chairman and CEO, Richard T. Santulli Steps Down
Business Wire (press release)
Richard Santulli is synonymous with the fractional jet ownership industry and his vision and energy has made NetJets the leader that it is today. ...
Buffett Loses Top Gun at NetJets (BRK-A)24/7 Wall St.
Santulli leaving NetJetsColumbus Dispatch
netjets CEO Santulli resignsMSN Money
New York Times -Trading Markets (press release)
all 604 news articles »


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Fractional Aircraft Sales Face Economic and Political Headwinds
Motley Fool
The decrease in revenues and pre-tax earnings reflects the negative impact of the global recession on substantially all of Berkshire's other service businesses and in particular, NetJets' fractional ownership business which reported a pre-tax loss of ...
Special Report: Business aviation Private Jets Lose That Feel-Good ... New York Times
VistaJet: Dissatisfied customer addresses his own complaints Financial Times
EBACE: NetJets Europe slashes deliveries Flightglobal
all 6 news articles

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Prague Post

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Air time share
Prague Post, Czech Republic
The company says it stands out from competitors with its unique business model of "fractional ownership," a sales method it developed in the United States. In what is essentially a time share, the ownership scheme allows clients to pay a minimum fee of ...


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Volo signs long-term deal with NetJets
Sarasota Herald-Tribune, FL
“NetJets is one of our largest clients here in Sarasota, and as the world's largest — by far — fractional aircraft ownership company, it helps us secure our position in the Sarasota market and beyond for years to come,” said Marty Kretchman, ...


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Private jets: Firms struggling to survive
Chicago Tribune, United States
According to Aviation Research Group, the use of business aircraft, including charters, private fleets and fractional-ownership jets such as the ones that NetJets and Flight Options operate, was down 26 percent in February from a year earlier. ...

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