NetJets ME launches F2000LX program | Aviation International News

Charter & Fractional

NetJets ME launches F2000LX program

Fractional ownership of private aircraft seems to be a struggling business model in North America and Europe but it’s alive and well in this part of the wo

By AIN Staff • AIN Staff

November 14, 2009

Fractional ownership of private aircraft seems to be a struggling business model in North America and Europe but it’s alive and well in this part of the world, according to NetJets Middle East (NJME). The company, which is owned by Saudi Arabia’s National Air Service and is affiliated to U.S.-based NetJets Inc. through a licensing agreement, says that it has not been hit by the marked dip in demand that is afflicting fractional ownership operators in the West.

Here at the Dubai Airshow, NJME (Chalet B8) is launching an ownership program for the new Dassault Falcon 2000LX jet and is also relaunching its card program for its Hawker Beechcraft aircraft. The company will take delivery of its first 2000LX in a few weeks time.

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