NetJets Business Aviation Limited Takes Next Steps in China

Company flies first charter customer and adds key supplier

News provided by NetJets Inc.
Nov 12, 2014 14:20 KST

ZHUHAI, CHINA--(Business Wire / Korea Newswire) November 12, 2014 -- NetJets Business Aviation Limited (NBAL), a part of NetJets Inc., a Berkshire Hathaway company and the worldwide leader in private aviation, announced today it has flown its first charter customer, and formed a private aviation partnership with MedAire in China, the world's largest integrated aviation and maritime provider of medical, travel and safety services.

NBAL flew its first customer on Friday, October 24 in one of its Hawker 800XPs in the local charter fleet in China. The aircraft took off from Shanghai Hongqiao International Airport and flew five legs to several locations around China, including Wuhan Tianhe International Airport, Beijing Capital International Airport, Guangzhou Baiyun International Airport, and Shanghai Pudong International Airport. Customer confidentiality is part of the service that NetJets provides for all of its operations worldwide, and we are respecting our first charter customer’s wish not to be identified.

"It was wonderful to see several years of hard work culminate in a highly successful trip,” said Eric Wong, NBAL vice chairman. “The trip client was able to visit facilities in multiple locations on a schedule that is not possible to complete in a timely manner via commercial airlines.”

In addition, NBAL has selected MedAire to be its partner in China, providing unmatched medical services to customers while in flight. NBAL aircraft are equipped with MedLink, and all crewmembers receive MedAire’s first aid training.

“Our top goal is to provide the safest flights in private aviation, and our customers around the world feel comforted knowing that MedAire is on standby in the event of a medical emergency for all NetJets company flights globally, including China,” Wong added.

Finally, it is important to note that NBAL’s management customers benefit from our negotiated discounted pricing.

NetJets in China

NetJets Business Aviation Limited is a joint venture among NetJets Inc.; Hony Jinsi Investment Management (Beijing) Limited, a subsidiary of Hony Capital, a leading private equity firm in China; and Fung Investments, the private investment arm of the families of Dr. Victor Fung and Dr. William Fung, the controlling shareholders of the Fung Group of companies based in Hong Kong. NetJets Business Aviation Limited’s operational headquarters are based in the Zhuhai Jinwan Airport, in Zhuhai Guangdong Province, China.

NetJets Inc.

NetJets Inc., a Berkshire Hathaway company, is the worldwide leader in private aviation with the largest and most diverse private jet fleet in the world. NetJets is celebrating its 50th anniversary this year, having been established in 1964 as the world’s first private jet charter and aircraft management company. In 1986, NetJets pioneered the concept of fractional aircraft ownership - offering individuals and businesses all of the benefits of whole aircraft ownership and more, at a fraction of the cost. Today, NetJets offers a full range of private aviation solutions through businesses bearing the NetJets®, Executive Jet®, and Marquis Jet® service brands in North America, Europe and China.

Private Jet Travel Card

In 2012, NetJets unveiled The Private Jet Travel Card™, offering a unique service to both corporate and individual Chinese clients when they travel abroad. The card opens access to NetJets’ unparalleled safety, service and reliability. The Private Jet Travel Card is sold in increments of 25 hours, allowing the buyer to determine the amount of flight time that is needed, with no long-term commitment. The card grants entry to a large cabin aircraft in the NetJets U.S. and European fleet for an 18-month term, and is designed to be used by Chinese travelers in the U.S., EU and Switzerland. NetJets Aviation, Inc. operates all Private Jet Travel Card flights in the U.S., and NetJets Transportes Aereos, S.A. operates all European flights.

More information on these companies and services is available at www.netjetschina.com, www.netjets.com, and www.executivejetmanagement.com.

ⓒ 2014 NetJets Inc. All rights reserved. NetJets, Executive Jet, and the Marquis Jet Card are registered service marks.

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Website: http://www.netjets.com

Contact

For NetJets
English
Chris Herbert, 614-849-7357
Global Manager, Public Relations


Mandarin
Eric Wong, +86 4008323138, +852.3527.3222
Vice Chairman

This is a news release distributed by Korea Newswire on behalf of this company. Learn more