NetJets Europe Launches Direct Financing Program

NetJets aircraft
NetJets Europe now offers direct financing for fractional shares.
Wednesday, February 15, 2012 - 4:15pm

NetJets Europe has introduced the continent’s first direct financing product for fractional-jet-share buyers, providing them with rates that it says are comparable to those offered by major financial institutions. NetJets Europe Direct Finance, which the company said will “bridge the gap between lease and acquisition,” requires customers to provide a 25 percent down payment. Interest rates depend on the share size being purchased. Backed by Berkshire Hathaway, NetJets Europe represents a secure line of credit for the term of the five-year acquisition programs. 

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“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy