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NetJets Europe, the largest business jet operator in Europe, today
announced that it is bringing forward the delivery of new aircraft to
meet rising customer demand. The company has worked with its
manufacturing partners to ensure that 39 new aircraft with a market
value of more than $715 million will be delivered ahead of the
original schedule. The move is in response to the company's rapid
growth, and very healthy forward order book. The additional 39 brand
new aircraft represent more aircraft than the entire fleet of many
other European operators.
These new deliveries will increase NetJets' state of the art fleet
by 29 per cent to a total of 174 aircraft. This increase is greater
than the 18 per cent - from 114 to 135 aircraft - in 2007. The new
deliveries expected in 2008 are from all four of NetJets Europe's
preferred manufacturers: Cessna, Dassault, Gulfstream and Hawker
Beechcraft. NetJets Europe is also introducing four new aircraft types
to the fleet in 2008: Hawker 750, Hawker 4000, Falcon 2000LX and
Falcon 7X.
The company's owners took 73,622 flights in 2007 - or more than
200 flights per day - an increase of more than 17 per cent from 2006.
In 2007 NetJets Europe recruited 412 new employees, bringing the
current total to 1,653, an increase of 33 per cent to meet projected
growth targets.
NetJets' flight numbers have increased by 55 per cent since 2005,
making it the fastest growing aviation company in Europe; customer
numbers have now surpassed the 1,500 mark, and customers are using
their aircraft to conduct business all over the globe as demonstrated
by the fact that NetJets Europe flew to 917 airports in 136 countries
last year.
In 2007 NetJets Europe more than doubled the previous year's net
profit. The positive result was the second consecutive year of
profitability for the company. This confirms the success of NetJets
Europe's business model which is driving the expansion of European
business aviation.
Mark Booth, chairman and CEO of NetJets Europe, explains: "NetJets
Europe's rapid growth shows that more and more companies and private
individuals are choosing the benefits of flying when they want, from
where they want, without the delays and hassle of commercial aviation.
In response to this growing demand, we have decided to bring forward
the delivery of new aircraft, and look forward to another big year in
2008."
NetJets Europe offers fractional aircraft ownership that allows
individuals and companies to buy part of a corporate jet at a fraction
of the cost of whole aircraft ownership. In addition, it sells the
increasingly popular Corporate Card and Private Jet Card that allow
customers to buy a block of 25 occupied flight hours with one simple
payment.
The company's biggest markets remain the UK, France and
Switzerland however there has been rapid growth in increasingly
important territories including Germany, Central & Eastern Europe and
Russia.
For more information, please visit www.netjetseurope.com.
About NetJets Europe
NetJets Europe was founded in 1996 and today is the largest
business jet company in Europe. As the only pan-European operator with
its own fleet, NetJets Europe, through NetJets Transportes Aereos
(NTA), is uniquely capable of delivering a consistent, world-class
service with an unparalleled commitment to safety and security. NTA is
the only dedicated business jet operator to be awarded the IOSA
certificate - the highest safety accreditation in the world. In 2007,
the NetJets Europe Fleet flew more than 73,000 flights to 136
countries. NetJets Europe employs a total workforce of more than
1,600. NetJets Europe is the marketing agent of NetJets Transportes
Aereos S.A., an EU air Carrier.
NetJets Europe 2008 Scheduled Aircraft Deliveries
-0-
*T
AIRCRAFT TYPE 2008 SCHEDULED DELIVERIES
------------------------------ ---------------------------------------
Hawker 400XP 7
------------------------------ ---------------------------------------
Citation XLS 10
------------------------------ ---------------------------------------
Hawker 750(a) 9
------------------------------ ---------------------------------------
Hawker 4000(a) 4
------------------------------ ---------------------------------------
Falcon 2000LX(a) 3
------------------------------ ---------------------------------------
Gulfstream 450(a) 1
------------------------------ ---------------------------------------
Gulfstream 550 3
------------------------------ ---------------------------------------
Falcon 7X(a) 2
------------------------------ ---------------------------------------
TOTAL 39
============================== =======================================
*T
(a) Denotes new aircraft type being introduced to the NetJets
Europe fleet
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