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Aviation

NetJets

Columbus, Columbus

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Specialization

Fractional jet ownership: the world's largest private jet fleet

Region

Columbus, Columbus

Off-Market Access

Upon request

Experience

Founded 1964

About NetJets

Berkshire Hathaway subsidiary and the world's largest private jet company with 760+ aircraft, offering fractional ownership and lease programs across all major jet categories.

Known For

  • Founded in 1964 as Executive Jet Aviation; introduced fractional jet ownership in 1986 and pioneered the model
  • Berkshire Hathaway subsidiary since 1998, operating the largest private jet fleet in the world at more than 750 aircraft
  • Fleet spans Embraer Phenom 300, Cessna Citation Latitude and Longitude, Bombardier Challenger and Global series
  • NetJets Europe, based in Portugal, serves European owners under a separate air operator certificate

Typical Mandate

NetJets is chosen by individuals, families and corporations that fly between roughly 50 and several hundred hours a year and want guaranteed availability across North America and Europe without owning an aircraft outright. Clients buy a share, typically one sixteenth or larger, or take a lease, paying monthly management fees plus hourly rates. Shares in large-cabin aircraft such as the Global 7500 represent multi-million-dollar commitments. Jet card products serve lighter users who want fixed hourly pricing.

How to Engage

Prospective owners contact NetJets through the company website or by introduction from an existing owner, wealth adviser or aviation consultant; a sales representative then assesses annual hours, routes and cabin needs. The firm will present share sizes, lease options and card products with full contract terms. Buyers are advised to review management fees, fuel surcharges, peak-day rules and repurchase terms carefully, often with an aviation lawyer, before committing.

Frequently Asked Questions

Who owns NetJets?

NetJets has been a wholly owned subsidiary of Berkshire Hathaway since 1998. It began in 1964 as Executive Jet Aviation and introduced fractional ownership in 1986. Its headquarters are in Columbus, Ohio, with its European operation based in Portugal.

How much does a NetJets fractional share cost?

Costs depend on aircraft type and share size. A one-sixteenth share, giving roughly 50 hours a year, in a light jet costs in the high six figures, while shares in large-cabin aircraft run into the millions of dollars. Monthly management fees and hourly occupied rates are charged on top.

What aircraft does NetJets operate?

The fleet exceeds 750 aircraft and includes the Embraer Phenom 300 series, Cessna Citation Latitude and Longitude, Bombardier Challenger 350 and 650, and Global 5000, 6000 and 7500 models. NetJets places large orders directly with manufacturers, which shapes the fleet renewal cycle.

Last reviewed: September 2026. Curated by Trophy Registry from public sources and industry references.

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Contact

www.netjets.com

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