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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““I guess an airplane is pretty decadent, right? But if anyone has a problem with that, tell them to go f--k themselves, because I will live in that trailer [I own] in Alabama before I give up that f--kin’ airplane. That airplane is, hands down, the greatest luxury a human being could have. There’s nothing that f--king beats it. F--k a yacht.” —musician Kid Rock, when asked to name his most decadent purchase  Source: Rolling Stone   ”

-Kid Rock, musician