Aircraft
NetJets chairman advises patience
"Those of us in this room will feel pretty good five years from now," predicted David Sokol, chairman, president and CEO of NetJets.

"Those of us in this room will feel pretty good five years from now," predicted David Sokol, chairman, president and CEO of NetJets. "Time is the friend of good businesses." Sokol made the comment yesterday at Dassault Falcon's annual NBAA "family breakfast," where he was the guest speaker and revealed plans for NetJets to open an outlet in China. Dassault Falcon hosted the event at the Omni Atlanta CNN Center.

"We've seen at NetJets a significant return this year, increasing month by month," Sokol said. "We're up about 8 percent year over year on flight activity and, while still down from 2007 levels, it's very much a positive trend. Sales activity is up, particularly in the last four months, with net new owners up in significant numbers for the first time this year. All of those facts speak well for the future of business aviation."