Ordered 40 new aircraft: four Gulfstream G450s and four Gulfstream G550s to be delivered each year from 2012-2016
Three different schedules: 7 on, 7 off; 15-day flex (max 5 days on, followed by minimum 3 days off in any combination up to 15 total days per month; 18-day PBS (fixed 18-day schedule organized around a Preferential Bid System)
Hawker 4000 first delivery scheduled for June
Paris Air Show 2007 orders: 50 Cessna Encores, 37 XLSs, and 9 Citation Xs worth more than $1B at list prices
HS125-900XP: first delivery scheduled for September
60 Hawker 750s on order (some to be placed in Europe)
Presently taking delivery of 3 Citation XLSs per month
36 Hawker 900XPs on order
50 Hawker 4000s on order; deliveries 2008-2013
Fleet figures below do not include Netjets Europe or Executive Jet Management
NJA currently matches 50% of pilot contribution up to the IRS annual maximum limit
However, they match 50% of 15% during the year; NJA "catches up" the remainder as a lump sum deposit at the beginning of the following year
NetJets is owned by Warren Buffett's Berkshire Hathaway
Normal = 7 days on, 7 days off (or 15.2 days/mo)
Reserve = 18 days/mo
-Overtime rate: 150% of hourly rate equivalent
-Extended day rate: 150% of daily rate equivalent
-Extra pay for holidays, early starts, long days, and late returns on final day
+COLA = 2.5% automatic increase per year or COLA, whichever is LESS
