Charter & Fractional
NetJets, FlightSafety Revenue Grows 10.4% in 1Q
Costs weigh on otherwise strong quarter
NetJets Challenger jet
Revenue from Berkshire’s services group—including NetJets and FlightSafety International—rose 6.6% in Q1 2025 compared to the same period in 2024

Berkshire Hathaway on Saturday reported that revenue from its services group—which includes NetJets and FlightSafety International—rose 6.6% year over year in the first quarter to $5.493 billion. This was driven in large part by a 10.4% increase in aviation services revenue.

The company attributed the growth to a higher number of aircraft in NetJets’ shared ownership programs and increased flight hours across its various offerings. Higher average rates across the board also contributed to the top-line performance. Pre-tax earnings for the services group rose 9.6% to $648 million, with aviation services among the primary contributors.