Charter & Fractional
Stronger Flight and Training Hours Boost NetJets, FSI
NetJets and FSI collectively saw revenues increase, earnings drop in the second quarter
NetJets Challenger jet
NetJets' fleet increased and is flying more this year, helping boost revenues.

Berkshire Hathaway’s aviation services businesses, which includes NetJets and FlightSafety International, saw revenues rise 10.4% year over year (YOY) in the second quarter and 9.5% in the first six months, but still resulted in an earnings dip.

In its 10-Q report for the second quarter, Berkshire Hathaway cited several factors for the aviation services' revenue gains, including increases in aircraft in the fractional programs and flight hours across NetJets’ programs and training hours at FlightSafety. In addition, Berkshire Hathaway credited higher average rates across those programs for helping boost revenues.