NetJets will buy $1 billion worth of ...

NetJets will buy $1 billion worth of new planes | The Columbus Dispatch

There are 43 comments on the Columbus Dispatch story from Oct 18, 2010, titled NetJets will buy $1 billion worth of new planes | The Columbus Dispatch. In it, Columbus Dispatch reports that:

A NetJets worker unloads a plane at Port Columbus. NetJets will announce a $1 billion purchase of up to 125 new small-cabin jets from Brazilian manufacturer Embraer this afternoon at the National Business Aviation Association conference in Atlanta.

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Since: Jan 10

Saint Paris, OH

#44 Nov 25, 2010
ANetJetsCustomer wrote:
I prefer NetJets fly American made planes ... but what the hey, Warren, arguably America's most successful investor, all too often buys American domiciled factories and promptly moves production to foreign countries.
You have no clue what you are even talking about. NetJet RENTS aircraft they don't have factories. Actually NONE of Berkshire Hathaway business investments include manufacturing so all you did was show that your an IDIOT in the 1st Degree.
Vaughn Stuben

Saint Louis, MO

#45 Nov 26, 2010
Before the order of customized Platinum Edition Embraer Jets built exclusively for NetJets based on 25 years of Owner feedback, NetJets had and still has 2.1 billion dollars of aircraft on order. 2/3 of that order is with American manufacturers.

Besides, many are surprised to find out how truly global aircraft manufacturing is. For example, over 70% of Embraer business jet components are manufactured in the USA. Compare that to Cessna, with huge facilities in Mexico and Gulfstream, with it's most expensive components - such as engines - from overseas. Also, this airplane order will result in the sustainable employment of more US citizens and more economic activity in the US transportation system than would have occurred otherwise.

Most of the angst around the order revolves around the handshake-based back room deal business jet culture suffering from further reform based on Berkshire Hathaway business requirements. Requirements derived from ... Wait for it ....
Customer requirements and needs. Wow! Revolution!

Happy Holidays
Rocky

United States

#46 Dec 2, 2010
Boycot net jets.

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