NetJets Europe

NetJets Europe is a company that offers fractional ownership of private business jets. Being a partially owned subsidiary of NetJets Inc., it is the largest business aviation company in Europe.

Fractional Ownership

NetJets Europe has a fractional ownership program where customers purchase a fraction or share in one specific aircraft type, starting at 50 hours a year. Owners retain financial and legal control over the asset and the share is assigned to a specific serial numbered aircraft.

Owners then have guaranteed access to that aircraft at any time. If the owner’s aircraft is unavailable for any reason, another aircraft of the same type, or a larger aircraft, will be provided. Fractional owners pay a monthly maintenance fee and an „occupied” hourly operating fee. The latter is charged only when an owner or guest is on board, not when the aircraft is flying to a pick up point, or flying to another location after completing a flight.

NetJets Europe are also responsible for operating the aircraft, providing flight crew management, trip scheduling, ground support and all maintenance services. The company guarantees availability of an aircraft with as little as 10 hours notice.

Fleet

NetJets has the largest private jet fleet both globally and in Europe, with more than 760 aircraft worldwide. Jets in their fleet are classified by cabin size. Currently NetJets Europe operates aircraft types as follows:

Long-Range Jets