NetJets History Flashcards

1
Q

What happened in 1964?

A

The company was founded as Executive Jet Aviation, the worlds first private jet charter and aircraft management company.

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2
Q

What happened in 1986?

A

CEO Richard Santulli launches the revolutionary concept of shared jet ownership with clients buying a share of an aircraft.

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3
Q

What happened in 1995?

A

Warren Buffet purchases a share of a NetJets aircraft.

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4
Q

What happened in 1996?

A

NetJets Europe introduces shared ownership to the European private aviation market.

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5
Q

What happened in 1998?

A

After three years as a satisfied owner, Warren Buffett, Chairman and CEO of Berkshire Hathaway Inc, aquires NetJets Inc.

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6
Q

What happened in 2012?

A

NetJets announces the largest aircraft order in private avaiton history, 275 Bombardier Challenger and 150 Cessna Citation Latitude aircraft at a total value of $9.6 billion.

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7
Q

What happened in 2016?

A

Launch of QS Partners, a subsidary of NetJets providing whole aircraft sales and acquisition.

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