Hopefully other business jet operators report positive numbers and keep the momentun going.


The Columbus-based private jet operator, owned by Berkshire Hathaway, got a visit from the boss, Warren Buffett, on Sunday as the company kicked off its second annual managers meeting at the Hilton at Easton.
About 100 NetJets managers from the U.S. and Europe attended.

After a rough couple of years, the company is again hitting its business targets. After a loss of about $720 million in 2009, NetJets turned a profit of slightly higher than the goal of $200 million last year, said David Sokol, CEO of NetJets and several other Berkshire-owned companies, in an interview.


Buffett drops in on NetJets to help celebrate 2010 profit | The Columbus Dispatch

hell yeaaaaaaaaaaaaaa

All it took was putting 495 on the street. What financial genius.

Recalls soon?

Lots of companies (aviation and otherwise) furloughed or laid off people. As somebody who has lived through both a furlough and a company going tango uniform in Chap 7, it's not fun, but sometimes a necessary evil.

Hopefully the turn in profits mean that things are picking up and recalls will come soon.

It is good to see that a FRAC with unionized pilots can turn a profit. Maybe others will learn from that.

I think that we could all thank TSA for making commercial travel so awful that people will justify in their minds taking a private jet.

sad but true. Convenience, service, TSA and the threat of terrorism will keep the well to do away from the airlines.... what happened in Moscow will reinforce the fractional-air charter-flight department cause.

I seriously doubt that TSA has much impact on Fractionals. Not many people will go from spending $300 on a ticket, to $8,000 on a private jet....simply to avoid 30 minutes in a security line. That doesn't make good business sense.

There most certainly is a considerable piece of the market that can and will spend the money for private air transport due solely to the negative impact TSA has had on flying the airlines. I hear it from passengers on a regular basis.