NetJets expects 15-20 Romanian clients for luxury flights

NetJets, the private jet operator owned by Warren Buffet, one of the wealthiest people in the world, intends to attract 15-20 new clients among Romanian companies, in comparison to the 7 clients it has now. All contracts signed so far by NetJets in Romania have been with corporate entities, however the company representatives would not specify any names. “NetJets clients are businesspeople who fly 50 to 400 hours a year first class. Our target clients are companies with over 70-80 million euros in turnover, which can afford the cost of a fraction of an aircraft, the monthly maintenance cost and the cost per hour of a flight, which is smaller when shared with 7 or 14 people taking the same flight,” said Mike Costache, alliance partner of NetJets in Romania. The policy of NetJets is to sell fractions of the jet, with the smallest fraction being 1/16, and the largest 1/2. The price of the smallest fraction of the cheapest jet in NetJets’ fleet is 400,000 dollars (around 280,000 euros), to which the cost per hour of flight is added, of around 2,400 euros.