““We didn’t take no fancy rock-star airplane [to get here]. [Pause.] All right, all right, we did take a fancy rock-star airplane. But we thought about driving.” —Bruce Springsteen, talking to the audience during an April 23, 1988 concert at Los Angeles Sports Arena ”
NetJets Ends Middle East Fractionals Partnership
NetJets has ended its franchise agreement for fractional-jet-share services with National Air Services (NAS) of Saudi Arabia, which has been known as NetJets Middle East. The companies had renewed a three-year joint-venture agreement in November 2009, and it’s unclear why NetJets opted to cancel the deal prematurely. The fractional provider, a division of Warren Buffett’s Berkshire Hathaway, said it will provide alternative solutions to its shareowners who need to fly in this region.