NetJets
PRESS RELEASE

NetJets® Waives Ferry Fee to Popular International Destinations
WOODBRIDGE, NJ – September 4, 2007 – NetJets Inc., the world leader in fractional jet ownership today unveiled a new program that waives ferry fees for travel between the continental U.S. and many of the top foreign travel destinations. The program introduces ferry free flying to these international destinations for U.S. NetJets Owners and Marquis Jet Card Owners complementing NetJets longstanding policy which allows them to fly anywhere within the continental United States without ferry charges.

NetJets Inc. Chairman and CEO, Richard Santulli said, “With the largest fleet and more aircraft types than any other fractional provider, NetJets has aircraft located all over the world and can eliminate fees customarily charged to position aircraft to and from international locations. The NetJets Ferry Waiver Program is the most comprehensive in the industry. This program keeps NetJets at the forefront of our industry by making it easier and more attractive for our Owners to fly privately overseas as well as in the U.S.”

Ferry-free service is now available from the U.S. to locations as far as Israel and Moscow with as many as 80 countries in between. The innovative NetJets Ferry Waiver Program categorizes the aircraft in the NetJets U.S. fleet into four groups by range of the aircraft. Ferry Waiver Zones encompass North America and the Caribbean, followed by Central America, then Hawaii, and finally European locations as well as Greenland, Iceland, Israel, Morocco, Turkey, and certain cities in Russia. NetJets Owners and Marquis Jet Card Owners can fly without ferry charges to or from the continental United States if they are flying to a location within the specific ferry waiver zone for the aircraft type that they own.

Ferry fees are often charged in the charter and fractional industries when a requested aircraft needs to be positioned and/or repositioned for a flight. The new NetJets program is possible due to the large and diverse worldwide fleet of aircraft available. Having equipment on tarmacs all over the globe allows the company to waive the ferry fees for its Owners who wish to travel between the most popular international locations and the continental U.S.

NetJets Inc., a Berkshire Hathaway company, provides the safest and most secure private aviation solutions in the world.   NetJets fractional aircraft ownership allows individuals and companies to buy a share of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours’ notice.  The NetJets programs worldwide offer the largest and most diversified fleet in private aviation, which includes 14 of the most popular business jets in the world. Access to the NetJets fleet is also available in the form of a short-term lease, sold on an all-inclusive, pre-paid basis in 25-hour increments, through an exclusive alliance with Marquis Jet Partners. NetJets Inc. also offers aircraft management, charter management, and on-demand charter services through its subsidiary, Executive Jet Management.   More information on NetJets, the Marquis Jet Program, and Executive Jet Management is available at www.netjets.com.

The Gulfstream Large Cabin Fleet is operated by NetJets International and NJI. The BBJ is operated by NetJets Large Aircraft Company. All other aircraft offered by NetJets in the United States are operated by NetJets Aviation. Each of these operating companies is a wholly owned subsidiary of NetJets Inc. All aircraft offered by NetJets in Europe are operated by NetJets Transportes Aéreos, SA a Portuguese/EU Air Carrier. The Marquis Jet Card Program is operated by NetJets under its FAR Part 135 Air Carrier Certificate. NetJets has an affiliation with the provider of the NetJets Middle East Program.

Contact:
Maryann Aarseth
NetJets Inc.
732-326-3735
maarseth@netjets.com
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