NetJets

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  1. Update: General Electric Expands Into Helicopter Leasing

    Headlines

    Tue, 14 Oct 2014

    was founded in 2010 by Richard Santulli , an aviation industry veteran, who also launched NetJets Inc. back in 1984. NetJets was an early pioneer ..... business jets. In 1998, NetJets was purchased by Berkshire Hathaway Inc. (NYSE: BRK

  2. WSJ: GE unit in talks to buy Milestone Aviation Group

    Headlines

    Fri, 10 Oct 2014

    reports, in an effort to expand its aircraft leasing operation into helicopters. Milestone, co-founded by NetJets founder Richard Santulli , has announced plans for an IPO of stock. Post your comment!

  3. CORRECTED- NetJets wins approval to launch China service

    Headlines

    Tue, 23 Sep 2014

    (Corrects fifth paragraph to show NetJets revenue grew by, rather than totaled, $288 million in 2013)

  4. New shareholder letter

    Commentary

    Sat, 1 Mar 2014

    Cool is chairperson of Benjamin Moore Paint, and likely never worked in paint... David Sokol was put in charge of NetJets prior to having any real experience in that area)... but it is VERY rare. So, despite my belief that the subsidiaries

  5. Bombardier Reports Weak Second-Quarter 2012 Sales

    Commentary

    Thu, 9 Aug 2012

    brings the year to date to 214 aircraft. The company closed its previously announced a 100 business aircraft order from NetJets that included 75 Challenger 300s and 25 Challenger 605s. Recall that total 2011 orders totaled 249 aircraft. The cancellation

  6. Why General Dynamics’ 3.2% Dividend Yield Beats Fatter Payouts at Defense Competitors

    Headlines

    Fri, 22 Jun 2012

    percent of last year’s revenues. Even though the NetJets unit of investing guru Warren Buffett’s Berkshire Hathaway ( BRK.A ) holding company recently chose to place a

  7. Sokol's Departure Leaves Buffett Succession Unclear; Lubrizol Trades Tarnish Berkshire's Reputation

    Commentary

    Wed, 30 Mar 2011

    In a surprising announcement, Berkshire Hathaway BRK.A BRK.B said Wednesday that David Sokol, chairman of MidAmerican Energy and chairman and CEO of NetJets , and the presumed heir apparent to Warren Buffett's

  8. Berkshire Posts Mixed 3Q Results; BNSF Acquisition Lifts Operating Income

    Commentary

    Mon, 8 Nov 2010

    Berkshire Hathaway 's BRK.ABRK.B third-quarter ..... investment income and a loss at Berkshire Hathaway Reinsurance Group depressed ..... Forest River. Results at NetJets continue to improve as ..... first nine months of 2010, NetJets posted a $158 million

  9. General Dynamics Firing on All Cylinders

    Commentary

    Wed, 23 Jul 2008

    hassle of commercial air travel. During the quarter, Gulfstream landed a nearly $2 billion contract with Berkshire Hathaway 's BRK.A NetJets for 40 new business jets. Marine systems revenue was up nearly 10% as a result of higher planned shipbuilding

  10. Another Solid Year for Berkshire

    Commentary

    Fri, 29 Feb 2008

    Investment conglomerate Berkshire Hathaway BRK.B reported good 2007 earnings ..... the tranquil weather last year, Berkshire Hathaway Reinsurance posted a combined ..... the positive side, McLane and NetJets posted good growth, while Shaw

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