July 26, 2014 1:19 PM ET

Airlines

Company Overview of NetJets Inc.

Company Overview

NetJets Inc., through its subsidiaries, provides a range of private aviation solutions for individuals and businesses across various destinations worldwide. It also offers private and charter aircraft management, flight operations, and on-demand air charter services; and sells jet cards. NetJets Inc. was formerly known as Executive Jet, Inc. and changed its name to NetJets Inc. in October 2002. The company was founded in 1964 and is headquartered in Columbus, Ohio. It has operation in North America, Europe, and China.

4111 Bridgeway Avenue

Columbus, OH 43219-1882

United States

Founded in 1964

Phone:

614-239-5500

Fax:

614-239-2096

Key Executives for NetJets Inc.

Chairman of The Board
Chief Financial Officer
Chief Executive Officer of Executive Jet Management and President of Executive Jet Management
President of Sales
Chief Information Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

NetJets Inc. Key Developments

NetJets Inc. Gearing Up to Launch Business in China

NetJets Inc. announced that it is preparing to launch its NetJets China business once government approval for the operating certificate is finalized - expected mid-year in 2014.

NetJets Inc. Announces New Jet Model Taking Flight

NetJets Inc. announced that it is flying a demonstration model of the all-new aircraft to more than 20 cities in the U.S. The company is showing the model to current and prospective customers. NetJets is the launch customer for the all-new Bombardier Challenger 350 business jet, with up to 200 on order over the next several years. The private viewing events will provide guests with the opportunity to view the redesigned aircraft that includes avionics and greater cabin comfort with larger windows and advanced HD and wireless entertainment. With seating for up to 10 passengers, Wi-Fi availability, a fully customized galley designed by NetJets, and the latest technologies for optimal pilot situational awareness and safety, the Challenger 350 will provide the ultimate in luxury and travel for NetJets Owners and their guests. Cities included in the tour are: San Jose, CA; Santa Monica, CA; Santa Ana, CA; Scottsdale, AZ; West Palm Beach, FL; St. Louis, MO; Houston, TX; Dallas, TX; Nashville, TN; Atlanta, GA; Omaha, NE; Seattle, WA; Denver, CO; Chicago, IL; Minneapolis, MN; Indianapolis, IN; Detroit, MI; Bermuda; Washington D.C.; Teterboro, NJ; White Plains, NY; and Bedford, MA. NetJets will take actual delivery of the first jet this summer. The Challenger 350 jet boasts class-defining performance, 3,780 sm (6,083km) range and will connect New York to Los Angeles and San Francisco to Maui. It features a cabin that maximizes natural light and redefines the man-machine interface, all the while maintaining the performance attributes that have become synonymous with the Challenger family.

NetJets Inc. Enhances its Customer Experience with NetJets Connects(TM)

NetJets Inc. announced that it has installed a new service called NetJets Connects(TM) on most of its U.S. fleet. This service enables customers to use their personal smartphones to make calls and send text messages while flying aboard a properly-equipped NetJets aircraft. NetJets is the first fractional company to make this service available to its customers, who simply download an app that allows connectivity to the ground through NetJets Connects(TM). This all-new feature is available on 343 of its U.S. aircraft - the large fleet in the world offering this service.

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