Netjets is the world’s largest private jet company selling or offering fractional jet ownership and other jet programs. It was founded in the year 1964 by Richard Santulli as Executive Jet Airways and was later renamed Executive jet Aviation.
As a matter of fact, Netjets is also the first private aircraft business aircraft and charter management company in the world.Being the first private jet charter in the world, Netjets has been ruling the jet business for more than 55 years.
Today, it is a subsidiary of Berkshire Hathaway and offers a lot of solutions to meet the standards of travelers from different parts of the world.
Netjets is also not just about giving the best service, but it is also known for providing the utmost safety to travelers.
Netjets has purchased 55 more new aircraft in the year 2021, making their impressive aircraft count to 800 worldwide and with plans to buy 80 more aircraft.
By the end of the year 2023, Netjets plans to welcome 5 Global 5500s to their record and an additional Global 7500s in the upcoming days.
Netjets has more than 4000 pilots worldwide and 5000 to 10,000 employees worldwide. It has more than 5000 airports across 200 plus countries, and its headquarters is in Columbus, Ohio, United States.
Netjets has outstanding annual revenue of $1.6 billion per year.
Why is Netjets so successful?
Founded in the year 1964, Netjets was and is still the leading private jet company in the world. It has more than 650 business jets and more than 5000 airports in 170 countries, and Netjets operates more than 300,000 flights across the globe annually.
Netjets also offers one of the best flight services by meeting the needs and standards of travelers across the world. It ensures quality, safety, convenience, and a high standard of customer service.
For all these reasons, it is no doubt Netjets is the leading company and one of the most successful in the private jet business.
Netjets obviously has a number of competitors, which are mentioned below. However, it is to be noted that the ranking basis is not done through the clear-cut estimation but through information such as revenue, production, employees, valuation, etc. Hence, it should not be taken as a recommendation.
Without further delay, let’s look into the top 14 competitors or alternatives of Netjets.
1. Gulfstream
Gulfstream Aerospace Corporation is an American aircraft fleet or company, and it is the most advanced aircraft company as well as the strongest in the industry. It was founded in the year 1958 by Allen Paulson, with its headquarters in Savannah, Georgia, United States.
The strongest and most advanced is because it does not just provide aircraft service but even designs and develops some of the most advanced aircraft or business jets.
Gulfstream Aerospace Corporation has manufactured more than 2000 aircraft since its founding year. It’s impressive how Gulfstream has impacted the industry of aircraft wholly.
Gulfstream has more than 5000 employees, each highly experienced and trained in their own professions, with the same motif to offer travelers the best service, convenience, and safety.
Gulfstream Aerospace Corporation had an estimated revenue of $38.5 billion in the year 2020 with a net worth of $952 million.
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2. Cathay Pacific Airways
Cathay Pacific Airways is the leading airline in Hong Kong, and its operating base is located at Hong Kong International Airport.
It was founded by Roy Farrell and Sydney de Kantzow in the year1964, and its headquarters is in Cathay City, Hong Kong.
Cathay Pacific Airways carries travelers to more than 190 destinations. It also operates a number of fleets like Airbus A320, Airbus A321, Airbus A321neo, Airbus A330, Airbus A350, and Boeing 777.
Cathay Pacific Airways has a revenue of $5.5 billion.
3. Singapore Airlines
Singapore Airlines, as everyone knows, is the main airline of Singapore, and its operating base is in Singapore Changi Airport. Singapore Airlines is also ranked among the world’s best airlines by Skytrax and has been the topper of Travel and Leisure’s best airline ranking for a straight 20 years.
It was founded in the year 1947 by the Ocean Steamship Company of Liverpool. Singapore Airlines has a portfolio of 27 joint ventures, and it flies to 62 international locations.
As a matter of fact, Singapore Airlines is also the first airline to launch the Airbus A380. In terms of revenue, it ranks 15th and 10th in the number of international passengers.
Singapore Airlines has a revenue of about $3.82 billion.
4. Vista Jet
Vista Jet is worldwide aircraft business aviation. It was founded in the year 2004 by Thomas Flohr. The aircraft under Vista Jet flies between any two points under the rule of ‘pay for hours flown.’
Vista Jet has a total of 73 Bombardier Global and Challenger business jets which is mind-blowing. As of 2018, Vista Jet’s aircraft have flown to 187 countries and 1900 airports and have tended more than 367,000 travelers.
Vista Jet has its headquarters in Malta and has extended offices in London, New York, Los Angeles, Hong Kong, and Dubai. Its operating base is in Malta International Airport.
Vista Jet has commendable revenue of $1.6 billion.
5. National Air Services
National Air Services is a holding company that offers aircraft services from domestic to international destinations across the world. It is based in Riyadh, Saudi Arabia.
It was founded in the year 2001 and has been operating the business progressively in various locations around the world.
The CEO of the National Air Service is Bandar Al-Muhanna. And with over 1000 to 5000 employees in different locations of the world, NAS works towards the safety and comfort of every traveler.
National Air Services, with over 2000 employees, has annual revenue of $613 million.
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6. Jet Aviation
Jet Aviation was established in the year 1967 by Carl W. Hirschmann. And ever since 1967, Jet Aviation has been running smoothly as ever in the jet industry. Its headquarters is in Basel, Switzerland.
With over 4000 employees worldwide, Jet Aviation makes sure not a single thing is missed out in taking care of the traveler’s every need.
They offer excellent service on the ground, on-air, arrival, departure, and while inside the airplane, with the safety of the traveler as their top priority. Jet Aviation has an estimated annual revenue of $375.85 million (USD).
7. Netjets Europe
Netjets Europe is Europe’s largest private aircraft corporation or fleet. It was founded by Richard T. Santulli, an American businessman, in 1986. Now, Netjets Europe is owned by the very own Warren Buffet’s Berkshire Hathaway Inc.
Netjets Europe operates more than 100 European aircraft with flights of more than 46,000 in a single year. No wonder Netjets is way larger than many private fleets.
There are more than 500 pilots recruited who are experienced and are experts. This is another reason why many travelers prefer traveling from Netjets Europe.
Every member of Netjets takes their job seriously and ensures travelers get the best experience while traveling by Netjets, making it one of the safest and most convenient private jet fleets.
Netjets has over 5000 airports in 120 countries, and each airport strives toward meeting safety standards. Its headquarters are in London, and with these many airports across the globe, Netjets has an estimated revenue of $173.29 million.
8. Flex Jet
Flex Jet was founded in the year 1995 by Aviation entrepreneur Kenn Ricci. It is an American provider offering fractional aircraft or jet ownership and leasing.
It is also the first-ever fractional aircraft ownership to achieve the Air Charter Safety Foundation’s Industry.
Flex Jet’s headquarters is in Cleveland, Ohio, with around 500 to 1000 employees. They aim to meet the needs of every traveler and offer some of the best services. Flex Jet also takes great importance on the safety of each traveler.
Being in the industry for 27 years, Flex Jet has estimated annual revenue of $100 million to $500 million.
9. Atlantic Aviation
Atlantic Aviation is an aircraft corporation that offers a wide range of services from aircraft, private jets, flight support services, fueling, ground transportation, catering, etc.
It is an excellent option for those with personal or business jet owners looking for a versatile experience.
Atlantic Aviation was founded in the year 1927 by Louis Pepper, the CEO, and it has a location in 27 states. Its headquarters is in Plano, TX. With over more than 1000 employees, Atlantic Aviation aims to offer the best service along with safety to travelers.
In the year 2020, Atlantic Aviation’s revenue went up to $667 million. With over 75 FBOs across the country, the estimated annual revenue of Atlantic Aviation is $100 million to $500 million.
10. Executive Jet Management
Founded in the year 1977 by Brian Hirsh, Executive Jet Management stands tall and at the top when it comes to the aircraft charter industry.
It is also the most extensive aircraft management and a global charter company. Executive Jet Management headquarters is in Cincinnati, Ohio.
With over 40 years in the business, Executive Jet Management has an outstanding record when it comes to safety and ratings from travelers across the globe.
Executive Jet Management has around 500 to 1000 employees in different locations across the world, and there is no doubt that each member of EJT strives toward a comfortable and safe flight for each traveler.
Executive jet Management has an estimated annual revenue of $127.04 million in sales (USD).
11. Forbes Travel Guide
Forbes Travel Guide is one of the oldest travel guides in the world and the oldest in the United States. It was founded in the year 1958 by Mobil and Simon & Schuster. Being one of the oldest, Forbes Travel Guide has the upper power or authority on high-class travel.
Forbes Travel Guide offers a wide range of services starting from luxury hotels, restaurants, and even luxury spas. They are known for offering high-standard services and facilities meeting the needs of all types of travelers.
Forbes Travel Guide also offers the industry of hospitality with advanced tools and various programs. All these factors or reasons make Forbes Travel Guide a travel’s go-to guide.
With around 50 to 200 employees and its headquarters in Atlanta, Forbes Travel Guide has an estimated revenue of $25 million and funding of $1 million.
12. Charter Flight Group
Founded in the year 2013 by Jordan Brown, Charter Flight Group is a private aviation company that strives to provide safe and satisfactory service to travelers from take-off to landing.
One can expect nothing but convenience, comfort, and satisfaction with Charter Flight Group.
Charter Flight Group’s headquarters are in San Diego, California. With the use of an advanced technology system, clients of Charter Flight Group make sure to make each traveler’s flight experience the best one.
With about 11 to 50 employees, Charter Flight Group has estimated revenue or sales of $5.0 to $25 million (USD).
13. Aircare International
Founded in the year 1982 by Gorjan Jovanovski, Aircare International is an ardent supporter of the business aviation company. It has managed to provide such service, training, and tools to cabin crews, crew staffing, etc.
It is also the only company that provides such intensive services. Therefore, most flight departments put their trust in Aircare International.
Aircare International is recognized by thousands of crew members and is also a known name in the field.
With over 200 to 500 employees, Aircare International has a revenue of $9.82 million (USD).
14. Jet Partners
Jet Partners is one of the world’s leading private jet charters, also offering aircraft rental services and it is also one of the charters that charge reasonable rates in the aircraft industry.
Benton Morgan founded Jet Partners in the year 2010, and its headquarters is in New York. Jet Partners offers a range of services like airplanes, private jets, and helicopters.
What’s great is that their goal is to satisfy travelers from across the world with their exquisite service and safety at a reasonable cost.
Also, Jet Partners members are available 24/7, and therefore one can enjoy their range of services anytime they need it.
Jet Partners estimated revenue is $5 million.
