NetJets

NetJets is a private jet rental company.

A subsidiary of Berkshire Hathaway, the company was acquired by Warren Buffett in 1998. NetJets offers light, midsize and large cabin aircraft and provides an on-demand, point to point jet travel service.

Fast Facts:

  1. Founded: 1964 as Executive Jet, Inc.
  2. Founder: Gen. Dick Lassiter
  3. A subsidiary of Berkshire Hathaway
  4. HQ: Woodbridge, New Jersey
  5. Phone: 732-326-3700
  6. Fax: 732-326-3737
  7. CEO: Benjamin J. Murray
  8. CFO: Peter S. Richards
  9. Fleet includes: Citations, Falcons, Gulfstreams, Hawkers, Learjets and Challengers
  10. Original board of directors included General Curtis LeMay and actor Jimmy Stewart

Key Dates

  • 1964: Founded as Executive Jet Airways
  • 1983: The company hits the 80-million mile mark
  • 1998: Berkshire Hathaway purchases Executive Jet, Inc. and renames it NetJets Inc.
  • 2007: Benjamin J. Murray is named President and CEO

NetJets Competitors

  • Chief Executive Air: Private Jet Charter

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