Charter & Fractional
NetJets, FSI Provide Boost to Berkshire Hathaway Results
Revenues for the aviation businesses were up 9.2%
NetJets Challenger 650 Jackson Hole Airport POW
A NetJets Bombardier Challenger 650 on short approach to Wyoming’s Jackson Hole Airport (KJAC).

Berkshire Hathaway aviation services businesses—NetJets and FlightSafety International—have collectively experienced a 9.7% year-over-year (YOY) revenue increase through the first nine months, according to the investment giant.

Releasing its third-quarter results on Saturday, Berkshire Hathaway noted that this improvement helped boost its overall services group—which also includes Dairy Queen, Cort, and Business Wire, among others—to a $622 million revenue gain during the three-month period and $1.4 billion jump through the first nine months. Notably, Berkshire Hathaway cited an increase in aircraft ownership, flight hours, and average rates at NetJets for the climb in services revenues.