NetJets Earnings Up In 2016; Revenue Declines

Fractional ownership company NetJets posted a decline in revenue in 2016 but also a 19% increase in earnings, parent company Berkshire Hathaway says. Revenue declined 2% in 2016, reflecting lower aircraft sales. But earnings for the year rose 19%, primarily due to lower subcontracting expenses and a...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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