Maguire Aviation and NetJets® Inc. Sign Deal for Private-Use FBO Terminal at Van Nuys Airport

Dépèche transmise le 9 septembre 2011 par Business Wire

Maguire Aviation and NetJets® Inc. Sign Deal for Private-Use FBO Terminal at Van Nuys Airport

Maguire Aviation and NetJets® Inc. Sign Deal for Private-Use FBO Terminal at Van Nuys Airport

COLUMBUS, Ohio--(BUSINESS WIRE)--Maguire Aviation, a Van Nuys based FBO, and NetJets Inc., a Berkshire Hathaway company and the worldwide leader in private aviation, announced today the signing of a long-term lease that will provide NetJets with a dedicated, private terminal at Van Nuys Airport. The private-use facility will be custom-designed and operated to NetJets’ specifications and Owner preferences, enhancing NetJets’ ability to provide exceptional service to Owners and crews traveling through this popular domestic destination.

The project includes a 10,000 sq. ft. new terminal with modern amenities including a streamlined passenger transition to and from the aircraft ramp, modern furnishings, conference and business center capabilities, crew lounge and rest areas and flight planning facilities.

Alec Maguire, president of Maguire Aviation Group LLC said, “We are thrilled that NetJets will have a dedicated facility at Van Nuys Airport. NetJets is a world-class company with a reputation for superior safety and customer service and we are excited to partner with them on this project. This collaboration will allow Maguire to better serve NetJets while at the same time further solidifying our efforts to build Van Nuys Airport into the world’s premier private aviation facility.”

Todd Baumgartner, senior vice president of aviation infrastructure & services for NetJets stated, “Maguire Aviation shares NetJets’ dedication to safety and service and their exemplary infrastructure at Van Nuys Airport and extensive footprint on the airfield will provide NetJets with an outstanding facility. This facility will be customized for NetJets and will provide our Owners with exceptional service and amenities at one of their most popular destinations.”

Construction of the new facility is expected to be completed in summer of 2012.

About Maguire Aviation

Based at Van Nuys Airport, Maguire Aviation is a full-service, fixed-based operator that provides the gold standard for industry FBOs in service, facilities and operational excellence. Among its services are catering and travel coordination, aircraft fueling, ground handling and maintenance and the leasing of hangar, office and shop space. Formed in 2005, the company is the largest leaseholder at Van Nuys Airport.

About NetJets® Inc.

NetJets® Inc., a Berkshire Hathaway company, is the worldwide leader in private aviation and provides the safest and most secure private aviation solutions. NetJets® fractional share ownership allows individuals and companies to buy a share of a private jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours’ notice. The NetJets programs worldwide offer the largest and most diversified fleet in private aviation, which includes 13 of the most popular business jet types in the world. The Marquis Jet Card® provides access to the NetJets program through a 25-hour jet card. NetJets Inc. also offers aircraft management, charter management, and on-account charter services through its subsidiary, Executive Jet® Management. More information on NetJets, the Marquis Jet Card, and Executive Jet® Management is available at www.netjets.com.

All fractional aircraft offered by NetJets in the United States are managed and operated by NetJets Aviation, Inc. All aircraft offered by NetJets in Europe are operated by NetJets Transportes Aéreos, SA, an EU air carrier. Executive Jet Management, Inc. provides management services for customers with aircraft that are not fractionally owned, and provides charter air transportation services using select aircraft from its managed fleet. Marquis Jet Card flights are operated by NetJets Aviation under its 14 CFR Part 135 Air Carrier Certificate. Each of these companies is a wholly owned subsidiary of NetJets Inc.

Business Wire

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