NetJets Continues to Expand Real Estate Footprint With Announcement of Exclusive-Use Facility at Teterboro Airport
July 16 2024 - 9:00AM
Business Wire
Growing Its Reach Nationwide, NetJets Announces
New Facilities in Key Real Estate Markets
Today, NetJets, the global leader in private aviation, announces
the expansion of its real estate footprint via more than a dozen
projects across top markets in the United States, including the New
York tri-state area and Arizona. By investing in both existing and
new facilities, including NetJets Service Hubs™, the company will
continue providing its customers, who are respectfully referred to
as “Owners,” with an elevated, personalized brand experience and
seamless access to their aircraft.
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NetJets recently opened a dedicated
terminal at Bozeman Yellowstone International Airport. (Photo:
NetJets)
NetJets controls the greatest market share of New York flight
volume—and has for some time. This is because it is the busiest
location for NetJets Owners. For these reasons, the industry leader
plans to completely renovate and rebrand its primary fixed-base
operator (FBO) at the Teterboro airport in New Jersey. After
significant improvements are made in collaboration with Signature
Aviation, the space will become accessible only to NetJets Owners.
The enhanced, dedicated space will include many of the amenities
and features found in other NetJets exclusive-use terminals,
including a private ramp and hangar space, a new Owner lounge, VIP
conference rooms, a refreshment station, dedicated parking, and a
host of other amenities—all to ensure flawless transitions on
arrivals and departures, beginning in 2025.
This summer, operations will also commence on an exclusive-use
NetJets Service Hub in Scottsdale, Arizona. This will be the
company’s first new-build Service Hub, amongst a global network of
facilities that are strategically located where Owners travel the
most. In addition to proactive aircraft maintenance and restocking
that is offered at all NetJets Service Hubs, this new space,
operated in partnership with Jet Aviation, will provide VIP
conference rooms, a private lobby, a scenic outdoor patio with
mountain views, vehicular ramp access, covered parking, and
more—exclusively for NetJets Owners. Additionally, NetJets’ plan
for expansion in the West includes breaking ground this year on a
new space in Las Vegas, joining its recently opened dedicated
terminal in Bozeman, Montana. The entirely new two-hangar Las Vegas
FBO, to open in 2027, will feature a dedicated terminal, lobby, and
parking. Other real estate growth initiatives are in various phases
of development at the following locations: Eagle, Colo. (EGE),
Atlanta (PDK), Bedford, Mass. (BED), Austin, Texas (AUS), and
Dallas (DAL), amongst others.
"We are proud to announce our latest investments in support of
growing our real estate footprint, which will feature renovated
FBOs and NetJets Service Hubs in key markets,” said Patrick
Gallagher, President, Sales, Marketing and Service, NetJets. “By
introducing new NetJets Service Hubs in the West, strengthening our
partnerships with FBOs, and offering an exclusive facility at
Teterboro, we continue to help our Owners reach across the country
with ease.”
The expansion will extend NetJets' already substantial network
and bolster the company’s ability to provide exceptional service to
new and existing Owners nationwide. With these state-of-the-art new
facilities tailored specifically to NetJets' needs, the company
continues to solidify its standing as the global leader in private
aviation.
About NetJets
Originally incorporated in 1964 as Executive Jet Airways,
NetJets has been setting—and exceeding—industry standards for more
than 60 years. Today, NetJets is proud to be a Berkshire Hathaway
company known for its unwavering commitment to safety and service.
The NetJets portfolio of distinctive companies, encompassing
NetJets, Executive Jet Management, QS Partners, and QS Security,
offers a variety of customizable travel solutions, including shared
ownership, lease and jet card options, aircraft management, private
jet chartering, brokerage and acquisition services, and specialized
security services. This comprehensive suite of solutions is why so
many of the world’s most discerning travelers choose NetJets
generation after generation. It is also because NetJets has the
largest, most diverse private jet fleet in the world, which grants
anytime access to even the most remote destinations across the
globe. To learn more about the leader in private aviation, visit
netjets.com today.
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