Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

FlightSafety International is an aviation training provider with global reach. They offer comprehensive programs for pilots, maintenance technicians, cabin crew, and dispatchers. Their state-of-the-art training centers and experienced instructors ensure top-notch training, adhering to strict standards, and promoting safety and proficiency in the industry.

NetJets drove much of the $1.2 billion increase in revenues in the first half of 2023 at Berkshire Hathaway’s services group, the parent company said this week. Revenues from aviation services, which also include income at FlightSafety International, soared 8.2 percent in the second quarter and 13.2 percent in the first half of the year versus comparable periods in 2022, according to Berkshire.
These higher revenues were “primarily due to increases in the number of aircraft in shared aircraft ownership programs and in-flight hours across NetJets’ various programs, as well as higher average rates,” Berkshire said. Overall, the services group—which also includes electronics-components distributor TTI, Cort Furniture, and Dairy Queen—reported $10.5 billion in revenues in the first six months of the year.
First-half pretax earnings at the services group also climbed by $181 million from a year ago, to $1.66 billion. This jump was mostly “attributable to higher overall margin rates in aviation services businesses, primarily due to a 17 percent year-to-date increase in average aircraft in the NetJets programs,” the parent company noted.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

NetJets, FlightSafety International Revenues Climb 13.2% in First Half

Earnings also soared by $181M in period

NetJets drove much of the $1.2 billion increase in first-half revenues of $10.5 billion at Berkshire Hathaway’s services group.

NetJets, FlightSafety Revenues Climb 13.2% in 1H

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

The Hong Kong-based operator now has almost 50 business aircraft

China’s Sino Jet Expands Charter Fleet with Second G700

Jessica Reed

Program launches with HondaJet HA-420 and Bombardier Challenger 3500

Honda Aircraft Unit Backs Thrive Fractional Jet Program

Amy Wilder

Elite Jets, MaxAir keep names, add Priester co-brand

Priester Aviation Unifies Companies under One Brand

Program lets non-members compare pricing before booking

BlueSky Extends Pricing Access to Non-members

Hourly rates range from turboprops to VIP airliners

Paramount Business Jets Guide Details 2026 Charter Rates

Kerry Lynch

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

In this article

NetJets

FlightSafety International

More In Charter & Fractional

China’s Sino Jet Expands Charter Fleet with Second G700

The Hong Kong-based operator now has almost 50 business aircraft

Honda Aircraft Unit Backs Thrive Fractional Jet Program

Program launches with HondaJet HA-420 and Bombardier Challenger 3500

Priester Aviation Unifies Companies under One Brand

Elite Jets, MaxAir keep names, add Priester co-brand

BlueSky Extends Pricing Access to Non-members

Program lets non-members compare pricing before booking

Paramount Business Jets Guide Details 2026 Charter Rates

Hourly rates range from turboprops to VIP airliners

ACA Forum Probes Broker Role in Fighting Illegal Charter

Brokers need to verify operations based on a standard

ACA Forum Explores Changing Role of Air Charter Brokers with AI

ACA is hosting its second U.S. forum as membership grows

FAI Grows Charter Fleet with Second Global 6000 Bizjet

Ultra-long-range jet is now available for worldwide charter

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