NetJets Stays Profitable With Lower Costs, Higher Fees

Credit: Photo Credit: NETJETS
Higher revenues and lower aircraft maintenance costs are driving NetJets’ profitability despite slower aircraft sales, says NetJets parent company Berkshire Hathaway. NetJets reported pretax earnings were up 10% to $227 million in 2011, a performance that Berkshire Hathaway Chairman Warren Buffett...

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