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Executive Jetbegan as a charter company in 1964 Executive Jet began as a charter company in 1964 The Fractional Ownership concept known as NetJets began.

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Presentation on theme: "Executive Jetbegan as a charter company in 1964 Executive Jet began as a charter company in 1964 The Fractional Ownership concept known as NetJets began."— Presentation transcript:

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2 Executive Jetbegan as a charter company in 1964 Executive Jet began as a charter company in 1964 The Fractional Ownership concept known as NetJets began in 1986 The Fractional Ownership concept known as NetJets began in 1986 NetJets experienced rapid growth thru the 1990s NetJets experienced rapid growth thru the 1990s Expansion to Europe and the Middle East Expansion to Europe and the Middle East Development of NetJets International Development of NetJets International Purchased by Berkshire Hathaway in 1998 Purchased by Berkshire Hathaway in 1998 The company was rebranded in 2002 to become NetJets Aviation The company was rebranded in 2002 to become NetJets Aviation The Executive Jet name continued with Executive Jet Management The Executive Jet name continued with Executive Jet Management The Marquis Jet Card Program began in 2001 The Marquis Jet Card Program began in 2001 Worldwide market leader Worldwide market leader 800+ aircraft worldwide / 14 types / 6-18 pax 800+ aircraft worldwide / 14 types / 6-18 pax

3 Basically time-sharing a private jet Basically time-sharing a private jet Benefits of aircraft ownership at a fraction of the cost / logistics Benefits of aircraft ownership at a fraction of the cost / logistics Luxury travel at your convenience – Time Savings Luxury travel at your convenience – Time Savings Travel on your schedule Travel on your schedule Your location Your location Flight Crews Flight Crews Maintenance Maintenance Storage Storage

4 Interests begin with as little as a 1/16 share Interests begin with as little as a 1/16 share Hours of flight time are based on your shares Hours of flight time are based on your shares Marquis Jet Card allows access to NetJets fleet 25 hrs at a time Marquis Jet Card allows access to NetJets fleet 25 hrs at a time Access to the entire fleet through aircraft sharing agreement Access to the entire fleet through aircraft sharing agreement In the air at a moments notice In the air at a moments notice Tax incentives Tax incentives Maintenance beyond FAA requirements Maintenance beyond FAA requirements Costs Costs Acquisition Cost Acquisition Cost Monthly Management Fee Monthly Management Fee Occupied Hourly Fee Occupied Hourly Fee Miscellaneous Miscellaneous

5 Businesses- appx 75% Businesses- appx 75% Private/PublicPrivate/Public Supplemental travelSupplemental travel High Net Worth Individuals- appx 25% High Net Worth Individuals- appx 25% Actors/Actresses Actors/Actresses Athletes Athletes Doctors, lawyers, entrepreneurs, etc Doctors, lawyers, entrepreneurs, etc

6 Staff of 5 Meteorologists Staff of 5 Meteorologists 3 BS / 2 Air Force 3 BS / 2 Air Force FAA approved source of weather briefings FAA approved source of weather briefings Primarily focused on US Operations and surrounding regions Primarily focused on US Operations and surrounding regions International forecasts on request International forecasts on request Forecast time range primarily current day through 2 days Forecast time range primarily current day through 2 days Extended forecasts as requiredExtended forecasts as required Considered an advisory source of weather informationConsidered an advisory source of weather information Two main types of forecasts OperationalOperational Owner / PassengerOwner / Passenger

7 JEPESSEN-SONALYSTS AVIATION WEATHER SYSTEM (wXstation)

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10 NetJets Dispatch Dept is responsible for creating Flight Plans and Flight Releases for each flight segment All flights are flown under FAR 91K or 135 All flights are flown under FAR 91K or 135 Official text weather brief comes automated on the release Official text weather brief comes automated on the release METAR and TAF METAR and TAF Meteorology Dept is responsible for any additional support as needed Meteorology Dept is responsible for any additional support as needed Dispatchers Dispatchers Pilots Pilots Operations Management Operations Management

11 Dispatcher Forecasts Wet/Dry Runways Wet/Dry Runways Ceilings/Visibility Ceilings/Visibility Departure Temps Departure Temps Winds- Cross/Tail Winds- Cross/Tail Flight Hazards Flight Hazards Awareness/Avoidance Awareness/Avoidance Alternates Alternates TAF Analysis TAF Analysis

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13 KRIL Z 3112/ KT P6SM VCSH SCT090 BKN120 TEMPO 3114/3118 5SM -RA OVC070 FM KT P6SM VCSH OVC050 FM KT P6SM VCSH BKN050 FM KT P6SM BKN150= Dispatch may ask for more details about a specific flight at a specific time KRIL

14 TYPICAL SOUTH FL FORECAST? TAF KMIA Z 2906/ KT P6SM VCSH FEW015CB SCT029 BKN070 FM G20KT P6SM VCTS BKN015CB BKN040 BKN090 FM G18KT P6SM VCSH BKN025 BKN060 OVC250 FM G18KT P6SM VCSH SCT040 BKN250=

15 Pilot Forecasts Official flight weather briefings on request Official flight weather briefings on request Flight hazard analysis Flight hazard analysis Radar overview Radar overview Information for Passengers Information for Passengers

16 A COMMON PILOT QUESTION IS ABOUT ECHO TOPS

17 Operations Management Forecasts Safety of flight decisions Safety of flight decisions Individual flights Individual flights Large scale significant weather Large scale significant weather NetJets Significant Weather NetJets Significant Weather Operations - SIGOPS Operations - SIGOPS

18 NetJets promotes the Meteorology Dept as a safety and convenience enhancement to its Owners Our forecasts lessen the impact weather has on our Owners Our forecasts lessen the impact weather has on our Owners Safety- Never compromised despite the Owners wishes Safety- Never compromised despite the Owners wishes Convenience- Anticipating and avoiding weather delays Convenience- Anticipating and avoiding weather delays Comfort- Anticipating and avoiding flight hazards Comfort- Anticipating and avoiding flight hazards White KnucklersWhite Knucklers Weather forecasts outside of flying Weather forecasts outside of flying A perk to being a NetJets Owner A perk to being a NetJets Owner

19 The biggest benefit of flying privately is time savings Value Weather delays can eliminate those time savings Weather delays can eliminate those time savings Owners fly where they want when then want Owners fly where they want when then want NetJets utilizes over 1,600 airport locations across the US NetJets utilizes over 1,600 airport locations across the US Smaller airport = more weather restrictions Smaller airport = more weather restrictions We are responsible for reviewing weather for each passenger flight We are responsible for reviewing weather for each passenger flight Potential weather impacts are communicated to the Owner Service Team responsible for that Owner Potential weather impacts are communicated to the Owner Service Team responsible for that Owner Alternate plans can be discussed to avoid or lessen that impact Alternate plans can be discussed to avoid or lessen that impact

20 Flight schedule efficiency Flight schedule efficiency Aircraft overnight positioning/hangaring Aircraft overnight positioning/hangaring Large scale / high impact weather events Large scale / high impact weather events Aircraft Protection Aircraft Protection Severe weather Severe weather Maintenance Maintenance Operational Check Flights Operational Check Flights Ramp Personnel Safety Ramp Personnel Safety TrainingTraining Pilots / Dispatcher/ Flight Attendant recurrent programs Pilots / Dispatcher/ Flight Attendant recurrent programs Career advancement program Career advancement program Sales Sales Popular facility tour-stop Popular facility tour-stop

21 INTELLIJET

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27 Dual-Role Forecasting Operational weather vs Owner Weather Operational weather vs Owner Weather Bi-lingual? Bi-lingual? Large forecast region Large forecast region Less t ime spent truly forecasting Less t ime spent truly forecasting Understanding geographic influences Understanding geographic influences Public access to weather info Public access to weather info TV / Internet TV / Internet Perception vs True Impact Perception vs True Impact Lack of aviation knowledge Lack of aviation knowledge

28 Because of these challenges we rely on other data sources to aid us with our forecasts. TAFS- All hrs TAFS- All hrs Local NWS Discussions- AFDs and Aviation Local NWS Discussions- AFDs and Aviation ADDS and AWC ADDS and AWC CCFP CCFP AIRMETS and SIGMETS AIRMETS and SIGMETS GTG / CIP / FIP GTG / CIP / FIP PIREPS PIREPS ATCSCC ATCSCC NBAA NBAA

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