Charter & Fractional
Fractional Operators Eye International Expansion
NetJets looking to Latin America and evaluating fleet needs, Flight Options begins adding Gulfstreams and Wheels Up considers ride-sharing.

NetJets, which already has operations in the U.S., China and Europe, is considering further expansion into markets such as South America, Canada and Mexico, according to Chuck Suma, senior v-p of global asset management. The move is in response to customers' increasingly far-reaching travel needs, Suma told attendees at last week’s NATA 2015 Aviation Business Conference in Washington, D.C. The changing demand is also reshapinging the fleet dynamic, he said. At one time the fleet composition could be described as a pyramid, with light aircraft forming the base. Now the super-midsize category is poised to dominate. The shift is prompting NetJets to re-evaluate its long-range fleet, Suma said, adding the company might decide on new requirements shortly.


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