NetJets Cuts Staff, Planned Aircraft Deliveries for 2020 | Aviation International News

Charter & Fractional

NetJets Cuts Staff, Planned Aircraft Deliveries for 2020

The workforces of NetJets Europe and Executive Jet Management have been cut by 25 percent in response to a significant dip in demand for flights.

NetJets Europe's fractional ownership services have seen a significant decline in demand due to the Covid-19 pandemic. [Photo: David McIntosh for AIN]

By Charles Alcock • Managing Editor

April 28, 2020

NetJets has confirmed reports of workforce reductions at its NetJets Europe (NJE) and Executive Jet Management (EJM) subsidiaries by 25 percent. The private aviation group also has reduced planned new aircraft deliveries for 2020, and these are expected to be down from around 60 to 25.

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