In a recent interview with CNBC, NetJets CEO, David Sokol, paints a picutre of a new and improved NetJets, meanwhile smoothing over their recent announcement that, effective January 15th of next year, they will furlough up to 495 pilots from its North American fractional operations. Many NetJets owners I speak with these days are understandably concerned about the future of NetJets and how their investments will be impacted by the upcoming changes. We will, of course, be watching this very closely and report back with any new information.
About the Author
- James Butler, CEO of Shaircraft Solutions
- Shaircraft Solutions advises elite business and leisure travelers on the full spectrum of private air travel options — from fractional jet ownership and private jet charter to jet card programs, air taxi services, and more. CEO, James D. Butler, is a foremost authority on private aviation, regularly lending his expertise to media outlets such as The Wall Street Journal, Robb Report, Business Jet Traveler, CNN, Halogen Jets and more. An attorney by trade, Mr. Butler is best known for his success in challenging fractional jet companies’ low share repurchase offers and getting owners significantly more for their shares.
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