NetJets buys Marquis Jet

NetJets has agreed to buy Marquis Jet the provider of private jet cards for its fleet.

“By bringing NetJets and Marquis Jet together we combine the unquestioned industry leaders in safety and Owner service and, simultaneously, we create the finest sales and marketing organization in private aviation,” said David Sokol, chairman and chief executive officer, of NetJets.

NetJets say it will save costs and allow them to offer the most competitive pricing in the market.

“Today, we look to our future,” said Kenny Dichter, founder and chief executive officer of Marquis Jet. “As part of NetJets, Marquis Jet can best capitalize on new opportunities over the long term and provide even greater value to our Marquis Jet Card Owners.”

Dichter launched the Marquis Jet Card program, where customers could buy 25 hours of flying on NetJet aircraft, in 2001.

NetJets will continue to offer cards and will launch a Marquis Jet Card by NetJets.