Hints and tips:
...However, the company’s fractional private jet ownership business NetJets reported a jump in demand from wealthy clients, and its auto dealerships reported rising sales of new vehicles....
...And if we’ve done our maths right — pls email us if we haven’t — motor-vehicle insurance costs have accounted for 18 per cent of the increase in unadjusted CPI from April to May. That’s . . . insane?...
...Blackstone’s thesis rests in part on soaring demand for private flights as the rich shun commercial journeys amid the pandemic (Signature’s biggest customer, Warren Buffett-owned NetJets, is enticing new...
...The float climbed $14bn from the end of 2016, driven largely by a $10.2bn cash payment from American International Group, after Berkshire subsidiary National Indemnity Company agreed to shoulder some of...
...Increasingly, he says, they come for shorter stays but more often, using private jet sharing and charter sites such as NetJets and JetSmarter to get the most out of their mountain homes....
...Mr Forbes is chairman of Rightmove, the property website, and a former director of NetJets, a subsidiary of Warren Buffett’s Berkshire Hathaway....
...NetJets China Business Aviation is a joint venture involving Warren Buffett’s NetJets Inc, Fung Investments of Hong Kong and Hony Capital, a Chinese private equity group....
...Its launch customer is NetJets, the leading operator in the fractional market....
...Jackie Wu, an aviation specialist with Jetsolution International Services, which provides aircraft transaction, maintenance and operations support, notes that many wealthy Chinese are basing themselves and...
...Data on fractional flying in the US and Canada collated by TraqPak, part of Argus International, a market intelligence company, show journeys are down 10 per cent in the past year compared with the previous...
...Funds associated with the KFK have undertaken 43 investments ranging from Duckie Deck, a firm making educational software, to online grocery store frisco.pl....
...The value of acquisitions by Chinese and other Asian NOCs in the global upstream market mushroomed from $1.2bn in 2007 to $45.3bn last year, according to PLS Derrick’s M&A database....
...Mr Sokol, 54, joined Berkshire in 1999 after Mr Buffett bought MidAmerican Energy, the energy group Mr Sokol helped to grow from a small geothermal business into an international utility....
...“It can work the other way too – you live in Ibiza but need to get to Singapore so you catch a private jet to connect with a big international carrier....
...That flight, run on behalf of the UK Department for International Development, was followed by another ordered by German companies to evacuate foreign staff....
...That too-brief flight in a NetJets aircraft is the only psychological explanation I can think of for the ethical blind spot of David Sokol, NetJets’ chairman, who resigned from Warren Buffett’s Berkshire...
...which includes celebrity, state and business hire – grew 5.5 per cent last year, in both European and US airspace, according to figures from Eurocontrol, the air traffic management co-ordinator, and Argos International...
...Hopes are high in business aviation that Milestone, set up by former NetJets executives, will help to take the crisis out of funding....
...VistaJet is number two in European business aviation behind NetJets....
...At NetJets Europe, the continent’s largest business jet group, Eric Connor, chairman and chief executive, says he has a “quiet confidence for 2010”, after a turbulent 12-month period that has encompassed...
...Used models are in short supply, thanks to interest from international customers who want long-range aircraft, rich individuals and private companies....
...Last week’s Farnborough International Airshow may have held few big surprises apart from the sweltering summer heat on the days I was there....
...He also took over Bombardier’s charter broker business outside the Americas, Skyjet International, acquiring expertise and offices in Farnborough in the UK, Dubai and Hong Kong....
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