NetJets Europe forecasts business jet market growth by 2014


Company is looking for further success

Connor, NetJets Europe chairman and chief executive officer, said: “In 1996,
NetJets Europe launched with a simple value proposition: enjoy all the benefits
of owning your own plane but with none of the headaches. That is as relevant to
our customers today as it was 15 years ago and this is the reason we remain Europe’s largest operator. We have the biggest fleet of
business jets in Europe and our safety and
training procedures are second to none. We’re not stopping here – our new jet
order and the new partnership with Lufthansa are just a fraction of our
initiatives to ensure we remain Europe’s
number one jet company for the next decade and beyond.”

For the remainder of
2011, NetJets Europe will be continuing to focus on providing the best
experience for its customers. Fleet plans are expected to be finalised by 2013,
at which point NetJets Europe expects to see a
return to growth in business aviation.

Next year promises to be
a landmark year for NetJets as it introduces the new Global business jets to
the European fleet, the first stage of delivery of the largest business
aircraft order in history. The new jets will be introduced to the fleet
gradually as NetJets Europe redesigns its fleet to feature one or two aircraft
models in each category.

Throughout the coming
years, NetJets will be driving its customer-orientated approach across the
business. As the company continues to grow following the recession that
impacted the global economy, NetJets Europe expects to continue to maintain its
industry leading position while further strategic moves will be made.

With confidence
returning to the market, NetJets Europe is seeing a return in demand in mature
markets such as France and
the UK but sees further
growth opportunities in Russia
and, in the longer-term, in Central and Eastern Europe, the Balkans and North
and West Africa.

Mr Connor continues:
“There are some exciting times ahead for NetJets Europe and the business
aviation sector. We expect them to be filled with challenges and opportunities,
but we are in a position to meet them with confidence and write a new chapter
in the history of European aviation.”

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