NetJets

NetJets Announces Collaboration With Acclaimed Artist Silvère Jarrosson

Retrieved on: 
Dienstag, Mai 21, 2024

For the 23rd consecutive year, NetJets, the global leader in private aviation, proudly announces its partnership with Art Basel.

Key Points: 
  • For the 23rd consecutive year, NetJets, the global leader in private aviation, proudly announces its partnership with Art Basel.
  • To highlight its commitment to the arts, NetJets will collaborate with French abstract artist Silvère Jarrosson to create a new art collection exclusively for NetJets that will be displayed at the Art Basel shows in Basel, Paris and Miami Beach.
  • At only 31 years of age, Jarrosson has received widespread praise and has had his work showcased globally.
  • The show aims to merge external travel experiences made possible by NetJets with inner travel experiences created by Jarrosson’s art.

TEAMSTERS: NETJETS REDUCES SAFETY ROLE OF FAA-LICENSES DISPATCHERS IN FLIGHT OPERATIONS

Retrieved on: 
Mittwoch, Mai 1, 2024

COLUMBUS, Ohio, May 1, 2024 /PRNewswire/ -- Flight dispatchers represented by Teamsters Local 284 in Columbus, Ohio, are ringing alarm bells over NetJets Aviation's (NJA) plan to scale back commitments to passengers, pilots, and flight attendants that FAA-licensed dispatchers must approve all flight departures.

Key Points: 
  • Flight dispatchers play a vital safety role at air carriers around the world.
  • Dispatchers oppose all efforts to reduce our role in upholding the safety of flight operations."
  • We should be adding more dispatchers and doubling down on that safety commitment, not reducing the role of human dispatchers."
  • Dispatchers are meeting with NJA pilot and flight attendant union representatives to discuss shared concerns about the company's plan to reduce the role of human flight dispatchers.

NJASAP applauds Senate, Congressional leadership's agreement on bipartisan FAA Reauthorization measure

Retrieved on: 
Dienstag, April 30, 2024

COLUMBUS, Ohio, April 30, 2024 /PRNewswire/ -- The NetJets Association of Shared Aircraft Pilots (NJASAP) joins its aviation labor peers across the industry in congratulating Congressional and Senate leadership on reaching an agreement on a bipartisan Federal Aviation Administration (FAA) Reauthorization measure. The legislation represents a consequential bicameral commitment to reinforcing the FAA by substantively addressing aviation safety, security and workforce development as well as modernizing the National Airspace System (NAS) among other much-needed advancements. An independent labor advocate, NJASAP represents the interests of the 3,300-plus pilots who fly in the service of NetJets Aviation, Inc., a Berkshire Hathaway company.

Key Points: 
  • COLUMBUS, Ohio, April 30, 2024 /PRNewswire/ -- The NetJets Association of Shared Aircraft Pilots (NJASAP) joins its aviation labor peers across the industry in congratulating Congressional and Senate leadership on reaching an agreement on a bipartisan Federal Aviation Administration (FAA) Reauthorization measure.
  • An independent labor advocate, NJASAP represents the interests of the 3,300-plus pilots who fly in the service of NetJets Aviation, Inc., a Berkshire Hathaway company.
  • "NJASAP is exceedingly pleased with the number of substantial, aviation-worker-focused enhancements featured in the bill," NJASAP President Capt.
  • Tammy Duckworth, D-IL, and Jerry Moran, R-KS, as well as Reps. Garret Graves, R-LA and Steve Cohen, D-TN, for their work on this important measure.

NetJets announces multiyear partnership with The R&A

Retrieved on: 
Dienstag, April 30, 2024

The multiyear agreement allows NetJets to extend invitations to the prestigious event to their Owners – the individuals and businesses who are clients of NetJets' private jet ownership model.

Key Points: 
  • The multiyear agreement allows NetJets to extend invitations to the prestigious event to their Owners – the individuals and businesses who are clients of NetJets' private jet ownership model.
  • NetJets has long-standing ties to golf, and the new partnership strengthens that commitment to the sport in Europe.
  • This partnership reinforces NetJets as the leading jet provider for exclusive golf experiences – granting Owners unparalleled access to the world's most prestigious sports tournaments.
  • We look forward to working with NetJets as we begin a new partnership that will deliver value to players competing in The Open."

NetJets announces multiyear partnership with The R&A

Retrieved on: 
Dienstag, April 30, 2024

The multiyear agreement allows NetJets to extend invitations to the prestigious event to their Owners – the individuals and businesses who are clients of NetJets' private jet ownership model.

Key Points: 
  • The multiyear agreement allows NetJets to extend invitations to the prestigious event to their Owners – the individuals and businesses who are clients of NetJets' private jet ownership model.
  • NetJets has long-standing ties to golf, and the new partnership strengthens that commitment to the sport in Europe.
  • This partnership reinforces NetJets as the leading jet provider for exclusive golf experiences – granting Owners unparalleled access to the world's most prestigious sports tournaments.
  • We look forward to working with NetJets as we begin a new partnership that will deliver value to players competing in The Open."

euroAtlantic Announces Management Changes and New Capital Injection

Retrieved on: 
Mittwoch, April 17, 2024

Stewart was a Director at Alix Partners for nine years and is a member of the UK Institute for Turnaround.

Key Points: 
  • Stewart was a Director at Alix Partners for nine years and is a member of the UK Institute for Turnaround.
  • Mário, Lourenço and João collectively have more than 40 years’ experience at euroAtlantic and c. 100 years of experience in the aviation industry.
  • João rejoined euroAtlantic in March 2023, after having previously worked for euroAtlantic between 2004 and 2008 and holds the role of Accountable Manager.
  • Njord Partners has assets under management in excess of €1 billion, providing capital solutions and actively facilitating strategic and operational enhancements within its portfolio companies to drive value for all stakeholders.

Gogo Announces Fourth Quarter and 2023 Results

Retrieved on: 
Mittwoch, Februar 28, 2024

BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended December 31, 2023.

Key Points: 
  • Total Revenue of $97.8 million, down 10% Year-over-Year; Record Fourth Quarter Service Revenue of $80.9 million, up 5% Year-over-Year
    Q4 Net Income of $14.5 million; Adjusted EBITDA(1) of $35.1 million
    BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended December 31, 2023.
  • Average Monthly Revenue per ATG aircraft online ("ARPU") of $3,387, compared to $3,370 in Q4 2022 and $3,373 in Q3 2023.
  • Cash provided by operating activities of $26.2 million in Q4 2023 decreased from $31.5 million in the prior year period.
  • Cash, cash equivalents and short-term investments totaled $139.0 million as of December 31, 2023 compared to $110.8 million as of September 30, 2023.

NetJets Signs New Connectivity Agreement Extending 20-Year Relationship with Gogo

Retrieved on: 
Mittwoch, Februar 7, 2024

BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- NetJets has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) that provides NetJets the ability to upgrade their U.S. aircraft to Gogo AVANCE L5, Gogo 5G, and Gogo Galileo, the company's Low Earth Orbit (LEO) broadband satellite service. NetJets Owners in Europe will also have the benefit of Gogo Galileo.

Key Points: 
  • NetJets to Install Gogo AVANCE, 5G, and Global Broadband
    BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- NetJets has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) that provides NetJets the ability to upgrade their U.S. aircraft to Gogo AVANCE L5, Gogo 5G, and Gogo Galileo, the company's Low Earth Orbit (LEO) broadband satellite service.
  • NetJets Owners in Europe will also have the benefit of Gogo Galileo.
  • "Gogo is excited to continue our long-term partnership with NetJets," said Sergio Aguirre, Gogo's president and chief operating officer.
  • Throughout the 20-plus year relationship with the worldwide leader in private aviation, Gogo has created features such as over-the-air software updates to address NetJets' specific operational needs while also providing services like Gogo Vision to improve the inflight connectivity experience.

NetJets Signs New Connectivity Agreement Extending 20-Year Relationship with Gogo

Retrieved on: 
Mittwoch, Februar 7, 2024

BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- NetJets has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) that provides NetJets the ability to upgrade their U.S. aircraft to Gogo AVANCE L5, Gogo 5G, and Gogo Galileo, the company's Low Earth Orbit (LEO) broadband satellite service. NetJets Owners in Europe will also have the benefit of Gogo Galileo.

Key Points: 
  • NetJets to Install Gogo AVANCE, 5G, and Global Broadband
    BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- NetJets has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) that provides NetJets the ability to upgrade their U.S. aircraft to Gogo AVANCE L5, Gogo 5G, and Gogo Galileo, the company's Low Earth Orbit (LEO) broadband satellite service.
  • NetJets Owners in Europe will also have the benefit of Gogo Galileo.
  • "Gogo is excited to continue our long-term partnership with NetJets," said Sergio Aguirre, Gogo's president and chief operating officer.
  • Throughout the 20-plus year relationship with the worldwide leader in private aviation, Gogo has created features such as over-the-air software updates to address NetJets' specific operational needs while also providing services like Gogo Vision to improve the inflight connectivity experience.

Skyservice Business Aviation Aligns Organizational Structure for Future Growth

Retrieved on: 
Donnerstag, Februar 1, 2024

TORONTO, Feb. 1, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice" or "the Company"), a North American leader in business aviation, today announced changes to its organizational model to further enhance client engagement and drive growth opportunities.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice" or "the Company"), a North American leader in business aviation, today announced changes to its organizational model to further enhance client engagement and drive growth opportunities.
  • This new structure, consisting of three global business lines in Business Aviation, Fixed-Base Operations, and Aircraft Maintenance, elevates leaders within the organization while welcoming Ronald Silverman to the team as president, Business Aviation.
  • Mr. Silverman brings extensive business aviation experience and is responsible for Skyservice's managed aircraft sales, charter, and aircraft sales and acquisition divisions.
  • This addition to the team and new structure is the next step in Skyservice's long-term vision to become the preeminent provider of business aviation services and solutions globally.