The fractional -
ownership jet company last year lost $ 711 million before taxes — not the kind of performance that warms Buffett's heart.
Not exact matches
Unlike private aviation
companies that offer fractional
ownership, where each aircraft is owned or leased by multiple people, Flohr owns 100 percent of his
company and its fleet of 60 silver - and - red
jets.
Aircell also announced that its in - flight Internet service is being added to nearly 100 aircraft operated by NetJets, a private business
jet rental and fractional
ownership company.
NetJets Inc., the fractional
ownership private
jet company owned by Warren Buffett, said bookings in and out of Miami are up 16 percent from last year to about 250 flights.