Business Traveler Magazine Names NetJets Inc. Best Private Jet Provider in the World.Business Editors/Travel Writers WOODBRIDGE, N.J.--(BUSINESS WIRE)--Nov. 20, 2003 NetJets(R) Inc., the worldwide leader of complete private aviation solutions, received the highest rating as the best fractional fractional size expressed as a relative part of a unit. fractional catabolic rate the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time. jet ownership company and provider of the best private jet membership card program in Business Traveler magazine's 15th annual Best in Business Travel Awards. NetJets was selected as the best through a random sampling of Business Traveler magazine subscribers who voted for their favorite airlines, hotels, reward programs and other travel-related companies. The results of this year's survey, conducted by independent research firm Mediamark Research Inc., comprise the magazine's "Best in Business Travel Awards". The results were announced at a luncheon at the Plaza Hotel The Plaza Hotel in New York City is a landmark 19-story luxury hotel with a height of 250 feet (76 m) and length of 400 feet that (122 m) occupies the west side of Grand Army Plaza, from which it derives its name, and extends along Central Park South in Manhattan. in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , which was attended by 500 travel-industry executives. NetJets is the only provider of total private aviation solutions including fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. through NetJets, short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. leases through the Marquis Jet program, and on-demand charter and
aircraft management services through Executive Jet Management.
"The awards point out why NetJets is the worldwide leader of complete private aviation solutions, the only company of its kind in the world," said Richard Santulli, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NetJets, a Berkshire Hathaway Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. company. "At NetJets we provide our fractional aircraft owners with the best possible experience in private flying. Our focus on safety, security, pilot training, and customer satisfaction are unmatched anywhere else in the world of private aviation." Always an innovator, NetJets continues to provide a varied array of offerings for its customers. In 2002, the Marquis Jet Card program was launched to offer access to the NetJets fleet through a short-term 25-hour prepaid lease. Marquis Jet Partners, Inc. is the global leader in private jet cards. Through its exclusive alliance with NetJets, Marquis Jet Partners provides the convenience, quality and safety of the world's premier private aviation provider, NetJets. About NetJets NetJets Inc., a Berkshire Hathaway Inc. company, provides the safest and most secure private aviation travel solutions in the world. In 2003, NetJets will fly more than 250,000 flights to over 140 different countries. NetJets fractional aircraft ownership allows individuals and companies to buy a piece of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours' notice. The NetJets program has proven to be extremely valuable for companies that have invested in whole aircraft ownership and need NetJets to meet their supplemental lift requirements. The Marquis Jet Card is sold on a single-year, 25 hour pre-paid basis, throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. The Marquis Jet Card caters to businesses and individuals whose travel requirements are less than 50 hours annually, or are not yet ready for a fractional ownership interest of 50 hours, or just want to sample private aviation and access to the NetJets fleet and the safety and security that NetJets is famous for. The NetJets fleet is the largest and most diversified diversified (di·verˑ·s including 13 of the most popular business jets manufactured today. NetJets Inc. also offers aircraft management, charter management, and on-demand charter services through its subsidiary, Executive Jet Management. More information on NetJets, the Marquis Jet Partner Program, and Executive Jet Management is available at www.netjets.com |
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