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SUMMER I 2012<br />

UPDATE<br />

The newsletter for <strong>NetJets</strong> ® Owners and Marquis Jet Card ® Owners


4 I<br />

10 I<br />

16 I<br />

IN THIS ISSUE<br />

Phenom 300 demos available this summer<br />

Exclusive offer from the Wakaya Club & Spa in Fiji<br />

<strong>NetJets</strong> pilot David Gale in Siberia in 1990, joined by the<br />

rest of his Royal Air Force flight crew and Princess Anne<br />

2 | NETJETS UPDATE<br />

Summer 2012<br />

FEATURES<br />

6. Interview with Owner Kathryn W. Davis<br />

16. Profile on <strong>NetJets</strong> pilot David Gale<br />

OPS + ADVISORIES<br />

14. <strong>NetJets</strong> earns FAA Safety Management System<br />

recognition<br />

18. Traveling to London for the Olympics<br />

OWNER EXCLUSIVES<br />

3. Invitation to Aspen ArtCRUSH<br />

8. Highlights from recent <strong>NetJets</strong> events<br />

10. Complimentary room night at private island<br />

resort in Fiji<br />

12. Exclusive offer to enjoy rustic luxury at Primland<br />

NEW + NOTEWORTHY<br />

4. Phenom 300 demo flights<br />

20. Flying with <strong>NetJets</strong> Europe<br />

21. Facilitation payments<br />

22. <strong>NetJets</strong> China<br />

24. Referral Appreciation Program<br />

26. <strong>NetJets</strong> opens new headquarters<br />

28. <strong>NetJets</strong> Prepay Option<br />

THE LAST WORD<br />

27. A message from Chuck Suma<br />

You’re Invited<br />

Meet Tom Sachs at Aspen ArtCRUSH<br />

On Thursday, August 2 – during the 8 th annual ArtCRUSH summer<br />

gala festivities – you are invited to join <strong>NetJets</strong> and Aspen Art<br />

Museum as we celebrate with Aspen Award for Art honoree Tom<br />

Sachs at a private, invitation-only brunch. At the brunch, Heidi<br />

Zuckerman Jacobson, CEO and Director, Chief Curator of the<br />

Aspen Art Museum, will lead an exclusive, in-depth conversation<br />

with Sachs.<br />

Tom Sachs is a sculptor, installation artist, and painter known for his<br />

innovative examination and questioning of icons of capitalist culture<br />

and systems of daily life. Through such works as HG (Hermes Hand<br />

Grenade), 1995; and Chanel Guillotine (Breakfast Nook), 1998;<br />

and his re-imagined living systems, Sachs provokes reflection on<br />

utopian follies and dystopian realities.<br />

Since 2005, the Aspen Art Museum has honored seven ground-<br />

breaking contemporary artists with the annual Aspen Award for Art:<br />

Richard Tuttle, Tony Feher, Jim Hodges, Ed Ruscha, Fred Tomaselli,<br />

Marilyn Minter, and Roni Horn.<br />

Apollo LEM, 2007; steel, plywood, electronics, tools<br />

DATE<br />

Thursday, August 2, 2012<br />

LOCATION<br />

Aspen, Colorado<br />

RSVP<br />

<strong>NetJets</strong> Events<br />

212-692-2694<br />

events@netjets.com<br />

This invitation is for principal <strong>NetJets</strong> Owners and<br />

Marquis Jet Card Owners and is not transferrable.<br />

NEW FOR + POSITION NOTEWORTHY ONLY<br />

SUMMER 2012 | 3


NEW + NOTEWORTHY NEW + NOTEWORTHY<br />

‘Phenom’enal<br />

Chance to<br />

Experience a New<br />

<strong>NetJets</strong> Aircraft<br />

4 | NETJETS UPDATE<br />

Take a demonstration flight<br />

A demonstrator Phenom 300 will be<br />

available beginning this summer for<br />

Owners who wish to experience this<br />

new aircraft.<br />

In early April, <strong>NetJets</strong> pilot Rob Switz (who<br />

will serve as Chief Pilot for the <strong>NetJets</strong><br />

Phenom 300 Platinum Edition fleet) joined<br />

Embraer Captain Sydney Rodriguez to fly<br />

our first Phenom 300 – N300QS – from<br />

Brazil to Lincoln, Nebraska, where it is<br />

currently undergoing interior and exterior<br />

completions.<br />

Beginning in summer of 2012, this<br />

aircraft will be used for aircraft displays,<br />

road shows, and demonstration flights<br />

for potential buyers. The Phenom 300<br />

officially becomes part of the <strong>NetJets</strong> fleet<br />

in April 2013.<br />

The demo aircraft will be outfitted with<br />

the same interior layout as our aircraft to<br />

provide a similar experience for Owners<br />

and prospects until the Phenom 300<br />

is available.<br />

Pre-sales and promotions<br />

Pre-sales of the Phenom 300 have been<br />

brisk, with over 4,000 hours (more than<br />

five <strong>full</strong> aircraft) of shares sold to 59<br />

Owners many months in advance of our<br />

first delivery – and even before we had a<br />

demonstrator aircraft.<br />

With the “Upgrade Your Share” promotion,<br />

existing Hawker 400XP and Citation<br />

Encore+/Encore Owners can sign up now<br />

to upgrade to the Phenom 300 when it<br />

joins the fleet. After paying a nonrefundable<br />

deposit, you fly on the Citation Excel or<br />

larger aircraft until the Phenom 300 joins<br />

the <strong>NetJets</strong> fleet in 2013 while paying your<br />

current Monthly Management Fees and<br />

Occupied Hourly Fees until that time. In<br />

essence, you receive unlimited guaranteed<br />

upgrades to the Excel while continuing<br />

to pay the lower Monthly Management<br />

Fees and Occupied Hourly Fees of your<br />

current share, which equates to average<br />

operational savings of over $35,000 per<br />

year based on a 50-hour share.<br />

If you are interested in seeing or arranging a demo flight on the Phenom 300, please contact<br />

your Sales Executive or Account Executive.<br />

About The Phenom 300<br />

The exceptional design, premium comfort, impressive performance, and high reliability<br />

of the Phenom 300 make it unquestionably one of the most outstanding light cabin jets<br />

in the industry. <strong>NetJets</strong> has worked closely with Embraer, a global and innovative aerospace<br />

company, to build the Phenom 300 to our exacting specifications based on Owner feedback<br />

– from the customized cabin interior and amenities to the specific technical performance<br />

characteristics. The Phenom 300 seats up to seven passengers and, with a maximum<br />

range of 2,038 statute miles, is perfect for such routes as New York to West Palm Beach,<br />

Boston to New Orleans, and Dallas to San Francisco.<br />

Left: <strong>NetJets</strong> Phenom 300 demonstrator aircraft<br />

SUMMER 2012 | 5


FEATURES I OWNER PROFILE FEATURES I OWNER PROFILE<br />

Kathryn W. Davis: Still on the move<br />

At 105, philanthropist Kathryn<br />

W. Davis is not only <strong>NetJets</strong>’<br />

most golden Owner, she has<br />

also led a truly remarkable life<br />

in and out of the public eye. As<br />

an international voice for the<br />

cause of world peace, aviation<br />

has played a pivotal role in her<br />

life from the very beginning.<br />

<strong>NetJets</strong>: When you were growing up, civilian aviation was<br />

still something of a novelty. Do you have any memories of<br />

flying from when you were a little girl?<br />

Kathryn W. Davis: I’ve actually been flying all my life,<br />

practically. I remember traveling with my father when I was<br />

a very young girl, accompanying him on business trips to<br />

Europe. We first traveled by steamship but soon began flying.<br />

This was the way to go! Imagine traveling the same distance<br />

in just one day that used to take a week. And so much comfort<br />

and elegance; in those days, flying was a fairly grand event. I like<br />

to say I was a jet-setter before there were jets!<br />

NJ: Do you still travel on commercial airplanes sometimes?<br />

KWD: I recently went to China on a commercial flight, but I<br />

used private jets to travel regionally when I got there. I am a<br />

huge fan of <strong>NetJets</strong>.<br />

NJ: Your husband, Shelby Cullom Davis, was an<br />

investment banker who eventually became the U.S.<br />

ambassador to Switzerland. How did you two meet?<br />

KWD: We met on an express train to Geneva in 1930, as we<br />

were both going to a conference on disarmament. I asked him<br />

if Geneva was the next stop. We later earned our Doctorates<br />

at the University of Geneva. We met on the go, and pretty<br />

much never stopped moving.<br />

NJ: Where did you travel with your husband?<br />

KWD: We traveled everywhere, but to Switzerland often. Also,<br />

the Far East, Moscow … I celebrated my 80th birthday in India.<br />

We’ve been to Japan many times. Some of the travel was<br />

for business, but we also traveled to see the world; there is<br />

always something you can learn when you travel.<br />

NJ: Did the pace change after your husband was appointed<br />

as Ambassador to Switzerland by Richard Nixon?<br />

KWD: Yes, life got even busier – more social and more formal.<br />

And we traveled even more as a diplomatic family. We were<br />

in Switzerland for six years during the Cold War and Vietnam.<br />

Switzerland is the European home for the U.N., and I think all<br />

of those elements had a profound effect on me.<br />

NJ: You’ve committed millions of dollars in philanthropy<br />

to the cause of world peace. Why are you so passionate<br />

about it?<br />

KWD: My charity work is a big part of my life now. If we don’t<br />

have peace, what do we have? I’ve been around a long, long<br />

time, and I still see that the world is in danger. War can still<br />

destroy everything we have, everything we are.<br />

NJ: How has <strong>NetJets</strong> helped your efforts?<br />

KWD: We began using <strong>NetJets</strong> 14 years ago, and my reaction<br />

was the same as the first time I flew with my father as a little<br />

girl: this is the way to go! I travel around the United States<br />

often to check in on projects we fund and meet with groups<br />

that support the cause of world peace. Flying privately has<br />

enabled me to stay active, comfortable, and involved.<br />

NJ: Most of the Owners we talk to have special <strong>NetJets</strong><br />

stories. Do you?<br />

KWD: Well, probably the most special thing I associate with<br />

<strong>NetJets</strong> was traveling with my dog, a five-pound Maltese named<br />

Teaser. Everyone treated my dog so nicely, it was such a delight.<br />

Teaser recently passed away at 17, but now I travel with Teaser Too,<br />

and we both look forward to many more trips with <strong>NetJets</strong>.<br />

NJ: Now, of course, I have to ask you this question: What<br />

is your secret to living such a long and happy life?<br />

KWD: I tell people the first thing they need to do is care<strong>full</strong>y<br />

select their parents! Genetics, of course, plays a big role. But<br />

my advice to a long and happy life is this: don’t be a spectator.<br />

Find something that drives you, something you love and follow<br />

it and use it. Use your life.<br />

THE DAVIS PROJECTS FOR PEACE<br />

Each year since 2007, Kathryn W. Davis has contributed $1 million<br />

to fund 100 projects by college students who design grassroots<br />

projects that promote conflict resolution, reconciliation, building<br />

understanding, and maintaining peace. The projects judged to be<br />

the most promising and doable are funded at $10,000 each. The<br />

objective is to encourage and support today’s motivated youth to<br />

create and try out their own ideas for building peace. Learn more<br />

at DavisProjectsforPeace.org.<br />

Top: At a park Mrs. Davis helped restore through Scenic Hudson, a group dedicated<br />

to protecting and restoring the Hudson River, its riverfront, and the majestic vistas and<br />

working landscapes beyond its shores. She was joined by a second grade class learning<br />

about the environment.<br />

Middle left: With Teaser Too in early 2012 at the Jupiter Island Mutt Masters dog show.<br />

Middle right & Bottom: Kayaking with Scenic Hudson in June 2011 during a site review.<br />

Names and photos printed with permission.<br />

6 | NETJETS UPDATE SUMMER 2012 | 7


OWNER EXCLUSIVES OWNER EXCLUSIVES<br />

A recap of <strong>NetJets</strong> Exclusive Events<br />

From singing on stage with Katy Perry to a Masters clambake with Jim<br />

Nantz, <strong>NetJets</strong> delivered insider access and unforgettable memories<br />

Private concert with Katy Perry<br />

What could be more special for a parent or grandparent than<br />

seeing your children or grandchildren singing and dancing on<br />

stage with their favorite artist? At a private concert in Los Angeles<br />

held exclusively for <strong>NetJets</strong> Owners and Marquis Jet Card<br />

Owners and their guests, Katy Perry dazzled the crowd of about<br />

1,500. The highlight of the evening was when Katy invited kids<br />

up on stage to sing along to a couple of her biggest hits. Many<br />

Owners said after the show that the March 11 event was the best<br />

<strong>NetJets</strong> event they’d ever attended.<br />

Hospitality at the Masters<br />

Marquis Jet Card Owner Bubba Watson took home the coveted<br />

green jacket, but he wasn’t the only Owner to enjoy the Masters,<br />

one of the most prestigious events on the PGA tour. <strong>NetJets</strong><br />

Owners and Marquis Jet Card Owners who attended were<br />

treated to excellent hospitality, courtesy of <strong>NetJets</strong>. On April 6,<br />

<strong>NetJets</strong> hosted a lobster/clambake dinner for Owners at a private<br />

residence in Augusta, where Chairman and CEO Jordan Hansell<br />

along with <strong>NetJets</strong> North America COO Bill Noe and members<br />

of the <strong>NetJets</strong> Sales team met many Owners. The event was<br />

headlined by sportscaster Jim Nantz, who hosted a panel that<br />

included professional golfers Ian Poulter, Graeme McDowell,<br />

Rory McIlroy, and Ross Fisher.<br />

Dinner and conversation with Tom Brokaw<br />

Tom Brokaw joined Owners for dinner and engaging private<br />

conversation at Ocean Reef Club in Florida on March 2.<br />

One of the most trusted and respected figures in American<br />

journalism, Brokaw mingled with 80 Owners and guests at a<br />

cocktail reception. At the dinner that followed, Brokaw spoke<br />

and answered questions focused on the challenges our country<br />

and the world face. His dialogue was both fascinating and<br />

inspirational, as he called on all to foster a rebirth of family,<br />

community, and civic engagement as profound as the one that<br />

won World War II, built our postwar prosperity, and ushered in the<br />

Civil Rights era. All guests received Brokaw’s newest book, Time<br />

of Our Lives: A Conversation about America.<br />

Grotjahn opening at the Aspen Art Museum<br />

During Presidents Day weekend, <strong>NetJets</strong> Owners and Marquis<br />

Jet Card Owners enjoyed a chance to meet Mark Grotjahn at<br />

the Aspen Art Museum while viewing his first U.S. museum<br />

exhibition. Grotjahn and Heidi Zuckerman Jacobson, CEO and<br />

Director, Chief Curator of the Aspen Art Museum, gave Owners<br />

a one-hour private tour of the exhibit before opening it to the<br />

public. During the tour, Owners engaged Grotjahn in conversation<br />

about his work, his career, and his approach to art making.<br />

Afterward, <strong>NetJets</strong> hosted a dinner at Aspen hot spot Syzygy, at<br />

which Owners were able to chat with Grotjahn as well as other<br />

artists, art collectors, and friends of the museum.<br />

Clockwise from top left: Katy Perry sings with Owners’ children and grandchildren on stage; Tom Brokaw speaks about current events at Ocean Reef Club;<br />

Artist Mark Grotjahn and Heidi Zuckerman Jacobson, CEO and Director, Chief Curator of the Aspen Art Museum, respond to questions during the private tour of<br />

his exhibit ; Jim Nantz leads a light-hearted panel discussion with Ross Fisher and other pro golfers at the Masters.<br />

Names and photos printed with permission.<br />

8 | NETJETS UPDATE SUMMER 2012 | 9


OWNER EXCLUSIVES<br />

The Wakaya Club & Spa<br />

10 | NETJETS UPDATE<br />

If you’ve ever wanted to<br />

really get away from it all<br />

(literally and figuratively),<br />

there are few places<br />

in the world that can<br />

compare with The<br />

Wakaya Club & Spa.<br />

Located on a private<br />

island in Fiji, Wakaya<br />

offers unsurpassed<br />

luxury in a truly stunning,<br />

completely private<br />

setting.<br />

The Wakaya Club & Spa is an intimate<br />

luxury resort set on a 2,200 acre pictureperfect<br />

private island owned by the founder<br />

of FIJI Water, David H. Gilmour. <strong>NetJets</strong><br />

can fly you to one of two airports in Fiji<br />

where you will board Wakaya’s private<br />

aircraft that will deliver you to the peace and<br />

tranquility of your new island sanctuary. The<br />

Wakaya experience is totally inclusive and<br />

comprehensive with all food, beverage, and<br />

activities included in the daily rate. Privacy is<br />

ensured with a maximum of just 28 guests<br />

and a ratio of 12:1 staff per couple, allowing<br />

for a truly seamless experience. Each<br />

1,650-square-foot Ocean View Bure is a<br />

luxurious hideaway located just steps from<br />

the Pacific Ocean. To truly indulge, choose<br />

the larger Governor’s Bure, Two Bedroom<br />

Ambassador’s Bure, or Royal Three<br />

Bedroom Villa of Vale ‘O on its own 16-acre<br />

estate and equipped with a personal chef,<br />

chauffeur, <strong>full</strong> service staff, and more.<br />

For those in search of relaxation, rest<br />

in hammocks strung between coconut<br />

palms, enjoy a private beach picnic with<br />

a three-mile privacy radius guaranteed, or<br />

splurge at the Breeze Spa, a couples-only<br />

oasis built just for two, set in a tranquil<br />

environment overlooking the serenity pool<br />

and turquoise sea.<br />

For those in search of recreation, play<br />

Wakaya’s seaside 9-hole golf course, enjoy<br />

world-class scuba and snorkeling in the<br />

brilliant reefs of the marine preserve just<br />

steps from the shore, take a tennis lesson<br />

with a pro, try the <strong>full</strong>y-outfitted gym, enjoy<br />

an organic farm tour, or hike to Chieftain’s<br />

Leap, the highest vista of Wakaya.<br />

With an emphasis on organic farming<br />

directly from the virgin volcanic soils<br />

of the island’s unspoiled, super-rich<br />

volcanic earth, dining in itself is a healthy<br />

activity. Breakfast selections include<br />

tropical island fruits and fresh eggs from<br />

Wakaya-raised organic chickens; lunch<br />

and dinner offerings include truly fresh<br />

OWNER EXCLUSIVES<br />

Secluded Luxury in the South Pacific<br />

catches and garden lettuces for lunch and<br />

creative selections of Wakaya-raised organic<br />

game for dinner. Enjoy beverages that include<br />

regional wines, freshly-squeezed juices and<br />

tonics, coconut water, cocktails, and soothing<br />

tea made from organic ginger grown in our<br />

own jungle paddocks. Also be sure to try The<br />

Wakaya Perfection Organic Ginger Margarita<br />

for a unique treat.<br />

Exclusively for principal <strong>NetJets</strong><br />

Owners and Marquis Jet Card<br />

Owners:<br />

• One complimentary room night in<br />

an Ocean View Bure with any stay*<br />

• A daily credit at Breeze Spa for two<br />

50-minute treatments per bure<br />

To take advantage of this offer:<br />

Contact Jennifer Halliday at<br />

Jennifer@wakayaperfection.com or<br />

visit www.wakaya.com.<br />

* Valid for stays through December 14, 2013.<br />

Travel dates exclude December 15, 2012<br />

through January 15, 2013.<br />

SUMMER 2012 | 11


OWNER EXCLUSIVES<br />

Primland<br />

There are places that<br />

touch you in ways both<br />

simple and profound.<br />

Primland is one of these<br />

places. Whether you<br />

are looking to unwind<br />

at the spa, play on one<br />

of the most celebrated<br />

golf courses in the<br />

country, or take part in<br />

any number of outdoor<br />

activities, the ultimate<br />

mountain getaway is<br />

closer than you think.<br />

An extraordinary getaway set in the<br />

Blue Ridge Mountains near Meadows<br />

of Dan, Virginia, Primland goes above<br />

and beyond in offering activity and<br />

accommodation options. Visitors can<br />

stay in one of 26 rooms or suites in The<br />

Lodge; one of the six fairway cottages,<br />

which view the 10th green and 18th fairway; or in one of the 12 mountain<br />

homes, which range in size from three<br />

to seven bedrooms. Or you can opt for<br />

The Golden Eagle Tree House, a unique<br />

structure located 2,000 feet above the<br />

Dan River Gorge with a wraparound deck<br />

for panoramic views.<br />

Guests can golf on The Highland Course,<br />

selected by Golf Digest as one of the<br />

finest public courses in America, or take a<br />

12 | NETJETS UPDATE<br />

Tour of the Universe, viewing galaxies<br />

27 million light years away through the<br />

Celestron CGE Pro 1400 telescope in<br />

the Observatory. Enjoy The Spa which,<br />

among many other treatments, features<br />

remedies from the Native Americans<br />

who once lived on the land. Or swim in<br />

the chlorine-free pool or work out in the<br />

fitness center.<br />

Then there is GEO-caching, a form of<br />

treasure hunting with a GPS on two<br />

specially-designed nature trails, which<br />

show off the stunning scenery that<br />

abounds on and around the mountaintop.<br />

Add to that the options of mountain<br />

biking, ATV or horseback riding, tree<br />

climbing, hunting or fishing, and you really<br />

get the flavor of the great outdoors.<br />

To please the palate, there is Frenchinspired<br />

New American cuisine in Elements<br />

Restaurant; casual dining at The 19th Pub;<br />

and the creative choices in the rustic<br />

Stables Restaurant. Meals are made with<br />

natural and organic produce.<br />

All this while living among an abundance of<br />

wildlife who frolic about their natural habitat<br />

on a property the size of Bermuda.<br />

Exclusively for principal <strong>NetJets</strong><br />

Owners and principal Marquis Jet<br />

Card Owners:<br />

• One complimentary two-night<br />

stay (blackout dates apply) in the<br />

Lodge or a Fairway Cottage<br />

For returning Owners who<br />

have already redeemed the two<br />

complimentary nights:<br />

• Room upgrade upon check-in,<br />

based on availability<br />

• $100 hotel credit to be used<br />

for spa treatments, food and<br />

beverage, amenities, etc., based<br />

on a two-night stay and double<br />

occupancy in the Lodge or a<br />

Fairway Cottage<br />

For business retreats:<br />

• Choose from a selection of<br />

benefits, including a complimentary<br />

boardroom or meeting room, 15%<br />

off golf fees, and a 45-minute<br />

wine and beer reception with passed<br />

canapés for up to 32 guests. Contact<br />

Primland for eligibility and details.<br />

To take advantage of these offers:<br />

Contact Primland at 276-222-3800.<br />

OWNER FOR POSITION EXCLUSIVES ONLY<br />

Luxury Meets the Great Outdoors<br />

SUMMER 2012 | 13


OPS + ADVISORIES<br />

Another Notch<br />

in the <strong>NetJets</strong><br />

Safety Belt<br />

<strong>NetJets</strong> has long set the bar for safety standards in<br />

private aviation. Now we’ve raised it even higher.<br />

On March 7, 2012, the FAA recognized <strong>NetJets</strong> as a Level III<br />

Safety Management System (SMS) participant. This<br />

accomplishment made <strong>NetJets</strong> the first and only fractional<br />

operator, the first fixed-wing Part 135 operator, and the first<br />

combined Part 135/91(k) operator to achieve Level III.<br />

The FAA’s voluntary SMS program, which has a four-level system<br />

of acknowledgement, is intended to help operators develop and<br />

implement a comprehensive SMS for their entire organization<br />

through safety-centric policies and risk mitigation. A team of<br />

dedicated <strong>NetJets</strong> employees worked diligently to reach Level III,<br />

and we are now working toward Level IV status.<br />

About the <strong>NetJets</strong> Safety Management System<br />

The <strong>NetJets</strong> Safety Management System covers all areas of<br />

safety risk management at <strong>NetJets</strong> Aviation and represents<br />

the next step in further developing our safety culture by<br />

supplementing policies and procedures we already have<br />

in place. Moving forward, our goal for the <strong>NetJets</strong> SMS<br />

program is to provide even more comprehensive Safety Risk<br />

Management and Safety Assurance programs.<br />

Value for Owners<br />

Since SMS is integrated into the way the company is<br />

operated, adhering to the strictest safety measures does not<br />

represent an additional cost to you. This is possible because<br />

<strong>NetJets</strong> has invested heavily in safety throughout the history<br />

of the company. Our commitment to proactively managing<br />

safety is reflected in our involvement in this program. No<br />

other operator in our segment of aviation can show the same<br />

commitment or match our ongoing investment.<br />

14 | NETJETS UPDATE<br />

FOR OPS POSITION + ADVISORIES ONLY<br />

HIGHLIGHTS OF THE NETJETS SMS PROGRAM<br />

• Engage in proactive safety risk management to identify<br />

problems before they occur through robust safety and<br />

audit programs<br />

• Provide enhanced safety training for all employees to<br />

assist in the recognition, management, and reporting of<br />

hazards<br />

• Continuously improve the level of safety through<br />

safety management groups which identify and manage<br />

problems before they occur<br />

• Structured change management for implementation of<br />

large-scale or elevated-risk issues<br />

• Foster a “safety plus” culture in which employees:<br />

– Recognize the importance of safety to Owners and<br />

employees alike<br />

– Are encouraged and willing to report hazards<br />

– Can report safety issues, even those including errors,<br />

without fear of reprisal<br />

For <strong>NetJets</strong>, safety is paramount and<br />

the foundation for everything we do. The<br />

SMS program is just one example of our<br />

dedication to safety.<br />

SUMMER 2012 | 15


FEATURES I PILOT PROFILE FEATURES I PILOT PROFILE<br />

At Her<br />

Majesty’s<br />

Service:<br />

<strong>NetJets</strong> Pilot<br />

David Gale<br />

The Royal Touch<br />

U.K. native, Royal Air Force veteran, and 11-year <strong>NetJets</strong> pilot<br />

David Gale started life as a rock-and-roll dreamer and ended up<br />

flying the British Royal Family for a living. His transatlantic story<br />

spans both an illustrious military career as well as serving what<br />

can only be called “the ultimate VIPs.”<br />

British Beat<br />

When you speak to most pilots, they weave a tale of a lifelong<br />

passion for flying – hanging out at airstrips as little boys, wearing<br />

flight goggles to bed, and such. Not David Gale. “I came of age<br />

in England just as the Beatles were hitting it big, and my primary<br />

ambition in life was to be a drummer in a rock-and-roll band. I left<br />

school without any real direction at all,” he tells us. At the urging<br />

of his mother, he joined the Royal Air Force (R.A.F.) in 1966, and<br />

that decision became a life changer.<br />

“The military program in the U.K. is different from the United<br />

States,” Gale says. “There’s a selection process that gets you<br />

into the R.A.F. and then further selection and testing happens.<br />

After I entered the service, I was offered an option based on my<br />

aptitudes: pilot or navigator.” Even though he’d barely flown<br />

before, he picked pilot, and hasn’t looked back since. After<br />

initial flight training, another choice loomed: fighter training or<br />

transport? Gale chose the latter, flying C130s for the R.A.F.<br />

Fly Boy<br />

Based in Southern England, Gale’s flying duties ranged from<br />

the routine to the intense over his decades-long military career.<br />

In conjunction with NATO, he flew supplies and materials to<br />

Hong Kong and famine relief to Africa. But his most memorable<br />

moments were a little more hectic: evacuations. He flew “evac”<br />

missions during the Turkish invasion of Cyprus in 1974. In<br />

Pakistan, during its invasion of Kashmir in 1971, his was the first<br />

flight onto the Karachi airfield. “The runway was cratered, the<br />

whole facility was overrun with people trying to get out. It was<br />

extremely difficult, but we had to clear the way for all the flights<br />

coming in behind us,” he remembers.<br />

His experience and skill led to his association with British<br />

Special Forces. While he can’t really discuss the specifics<br />

of that part of his career, there was also a “fun” component<br />

to those duties. “I flew at venues like the Paris Air Show with<br />

the Army’s parachute display team who jumped demos for the<br />

crowds. It was a welcome break and a chance to interact with<br />

the public a little,” he tells us.<br />

In 1980, another honor was bestowed on Gale, who was by now<br />

a Flight Lieutenant (the equivalent of a Captain in the U.S. Air<br />

Force). He was selected to be an R.A.F. Exchange Officer with the<br />

U.S.A.F., flying C141B Starlifters out of Charleston, S.C. “It was my<br />

first long-term visit to the States, but something must have hooked<br />

me because I ended up moving here,” he says.<br />

Command Performance<br />

But not before returning to the U.K. in 1983 to head the<br />

evaluation team of the brand new BAe 146, a jet aircraft that was<br />

being considered as a replacement for the fleet of turboprops<br />

used by the British Royal Family. “We really torture-tested<br />

that aircraft,” he says. “Since it had to perform in virtually any<br />

environment, we did a lot of hot-and-high testing in Bolivia,<br />

extreme cold weather performance in Canada. It was a global<br />

effort.” The aircraft was adopted, and Gale served as the senior<br />

training captain for what was known as the Queen’s Flight. His<br />

duties usually involved short-range transport for diplomatic visits<br />

and functions for any member of the Royal Family. However, he<br />

served a particularly special function for a few of them. “Given<br />

the tradition of aviation in the Royal Family, I was involved with<br />

the training of both Prince Charles and the Duke of Edinburgh,<br />

both keen licensed pilots, on the aircraft during my years in the<br />

fleet. They would board the jet and come up into the cockpit<br />

to fly the departures and arrivals. It’s a family passion that has<br />

obviously been passed down to the next generation.”<br />

While he flew many of the Royals, his most far-flung missions<br />

were with Princess Anne. “She’s really one of the busiest<br />

members of the family,” he tells us. “As President of the Save<br />

the Children Fund, she flew to China, Russia, Africa, the United<br />

States … she’s a very devoted patron and leader.” Gale met his<br />

wife while serving on the Queen’s Flight and, even though he<br />

couldn’t have known it, his duties probably served as the ultimate<br />

training for the next chapter of his life.<br />

Hands Across the Water<br />

After 24 years of service, Gale retired from the R.A.F. as a<br />

Squadron Leader in 1991 and relocated his family to Orlando,<br />

Florida, where he planned to start a new life as a commercial<br />

pilot. “I worked for a regional airline for a time, but that was<br />

just a terrible period for regional airlines,” he says. “I attended<br />

a job fair in 2001, where I saw a little table with a sign on it<br />

that said ‘Executive Jet.’” Gale was offered the job and joined<br />

what became <strong>NetJets</strong>, originally flying Falcons, and piloting the<br />

Citation Excel since 2005.<br />

So how does flying <strong>NetJets</strong>’ VIP passengers compare with<br />

flying the British monarchy? “There really isn’t much difference,<br />

actually,” he admits. “When I flew for a regional airline, I was able<br />

to interact with my passengers a bit. I was always interested in<br />

making a connection and serving the public, but at <strong>NetJets</strong>, we<br />

just take that interaction to another level. It’s true, we do treat all<br />

our Owners like royalty and that’s the way it should be.”<br />

Left: <strong>NetJets</strong> Captain David Gale stands in front of a Citation Excel in Scottsdale, Arizona. Top: Then a pilot for the Royal Air Force, Gale greets Princess Anne in 1984.<br />

Near right: Gale stands atop the Great Wall of China, 1987. Far right: Gale rides a camel at the pyramids of Giza, 1988.<br />

16 | NETJETS UPDATE SUMMER 2012 | 17


OPS FOR POSITION + ADVISORIES ONLY<br />

18 | NETJETS UPDATE<br />

Traveling<br />

to London<br />

for the<br />

Olympics<br />

It’s not too late to schedule a flight to London<br />

for the 2012 Summer Olympic Games. If you<br />

are planning to attend the Olympics, which<br />

will be held July 27 through August 12, please<br />

notify your Owner Services Team of your travel<br />

plans as soon as possible.<br />

As you can imagine, there will be many flights to London during<br />

this period. In fact, the Department for Transportation in England<br />

is expecting an additional 3,000 general aviation movements<br />

during the Olympic Games. To manage the expected increase in<br />

traffic, slot programs, airport closures, and airspace restrictions<br />

will be in place from July 14 through August 15.<br />

Arrival and Departure Slots<br />

Slot programs have been implemented at 40 airports in and<br />

around London from July 14 through August 15. For <strong>NetJets</strong><br />

Owners and Marquis Jet Card Owners who frequent the London<br />

area, you will encounter slot programs at airports that typically<br />

do not have them, such as London Luton (EGGW), Biggin Hill<br />

(EGKB), and Farnborough (EGLF). London City Airport (EGLC)<br />

will also have a slot program.<br />

We recommend that, if you plan to fly to London during the<br />

restriction period, you reserve your flight as soon as possible,<br />

since slots are going quickly at these popular London-area<br />

airports. Note that the airports are requiring prepayments, and<br />

the non-refundable charges for the slots are being billed once the<br />

slot is secured.<br />

Airspace restrictions<br />

Airspace restrictions will be in effect around London to allow<br />

the Department for Transportation and the military to maintain<br />

positive control over all aircraft in the area before, during, and<br />

after the Olympics. As part of these restrictions, some additional<br />

flight time might be experienced while arriving and departing the<br />

London area. At this time, we anticipate additional flight times of<br />

approximately ten minutes, but traffic congestion and other delays<br />

during the Olympics may increase your flight time. This will be<br />

especially true during the peak travel days around the Opening<br />

Ceremony (July 27) and the Closing Ceremony (August 12).<br />

Operations at Heathrow and Gatwick<br />

London Heathrow (EGLL) and London Gatwick (EGKK) airports<br />

are expected to be closed to general aviation July 14 through<br />

August 15. Arrivals and departures may be possible at these<br />

airports, but that determination will not be made until closer to<br />

the beginning of the Olympics.<br />

RAF Northolt to be closed for military operations<br />

RAF Northolt (EGWU) – where some general aviation flights are<br />

usually permitted – will be closed from July 25 through August 14,<br />

as this will be a base of operations for the Royal Air Force during the<br />

Olympic Games. Additionally, EGWU may be closed with little or no<br />

notice outside of that timeframe for military operations.<br />

Ground transportation<br />

The City of London is promoting the Olympics as a “Public<br />

Transportation Event” and is encouraging people to take trains<br />

and buses for travels in and out of London. You may encounter<br />

situations in which you will be prohibited from entering certain<br />

sections of London that you would normally have access<br />

to via private transportation. Please check with your ground<br />

transportation provider or with your Owner Services Team to<br />

determine how best to arrive at your final destination.<br />

If you are planning to travel to London this summer,<br />

particularly for the Olympics, please contact your<br />

Owner Services Team as soon as possible.<br />

OPS + ADVISORIES<br />

Changes at<br />

London Heathrow Airport<br />

Additional landing charge<br />

Effective May 1, 2012, the cost to land at London Heathrow<br />

(EGLL) increased by £1,500 (approximately $2,400). The<br />

increase is due to an additional fee levied by the British Airports<br />

Authority (BAA).<br />

New handling procedure and charge<br />

In addition, all private flights at Heathrow are now required<br />

by the BAA to use a facility known as the Royal Suite, which<br />

provides better service but also includes a mandatory charge<br />

of £1,500 (approximately $2,400).<br />

The Royal Suite is a five-minute drive from the previouslyused<br />

private terminal, Aviation House. Within the Royal Suite,<br />

you’ll find a more streamlined infrastructure, including private<br />

x-ray screening for departing flights, two large VIP lounges,<br />

and a large aircraft parking area directly outside the suite.<br />

Perhaps most importantly, the Royal Suite also features onsite<br />

immigration checks for arriving flights, which will save you the<br />

inconvenience of passing through immigration at Terminal 4.<br />

Your Owner Services Team can advise you on other Londonarea<br />

airports to avoid the fees and can answer any questions<br />

you may have.<br />

SUMMER 2012 | 19


FOR NEW POSITION + NOTEWORTHY ONLY<br />

NEW + NOTEWORTHY<br />

Flying with <strong>NetJets</strong> Europe<br />

Planning a trip to Europe? As a <strong>NetJets</strong> Owner or Marquis Jet Card Owner, you<br />

have the unique ability to take advantage of our inter-program exchange<br />

and fly with <strong>NetJets</strong> Europe. This may be of particular value to you in<br />

the summer months if you are considering flying across the pond for the<br />

Olympics (see pages 18-19) or for your next vacation.<br />

ENHANCEMENTS<br />

Midsize cabin aircraft guarantee<br />

Through December 31, 2012, <strong>NetJets</strong> Europe will guarantee<br />

requests for midsize cabin aircraft (Citation XLS/Excel and<br />

Hawker 750/800XP) at the time of booking rather than 24<br />

hours prior to the flight. 1 For <strong>NetJets</strong> Owners, the specific<br />

midsize cabin aircraft type is guaranteed; advance notice of<br />

24 hours is required. For Marquis Jet Card Owners, a missioncapable<br />

midsize cabin aircraft is guaranteed; 48 hours’<br />

advance notice is required. More notice is required for certain<br />

countries.<br />

Note: The Citation XLS/Excel is considered a midsize cabin<br />

aircraft in <strong>NetJets</strong> Europe. Requests for flights on <strong>NetJets</strong><br />

Europe large cabin aircraft (Falcon 2000EX/2000, Falcon<br />

7X, Gulfstream G550/GV) are subject to availability and are<br />

not confirmed until 24 hours prior to the flight. Owners who<br />

request flights on <strong>NetJets</strong> Europe light cabin aircraft (Citation<br />

Bravo, Hawker 400XP) are guaranteed a light cabin aircraft<br />

type or larger.<br />

Savings for <strong>NetJets</strong> Owners<br />

As announced in the Summer 2010 issue of <strong>NetJets</strong> Update,<br />

when you exchange to <strong>NetJets</strong> Europe, the occupied hours<br />

invoiced continue to be calculated by multiplying the length of<br />

the trip2 by the <strong>NetJets</strong> U.S. to <strong>NetJets</strong> Europe Inter-Program<br />

Exchange Rates, but the contract hours deducted are now<br />

based on the lower Aircraft Exchange Rates, which have a 1:1<br />

ratio for like aircraft types.<br />

Saving multiple contract hours translates into thousands<br />

of dollars in value. Depending upon the aircraft type flown<br />

and aircraft type owned, there is an average 28% savings in<br />

contract hours with this program enhancement. 3<br />

Note: Aircraft Exchange Rates apply for up to 30 flight hours<br />

per year or 25% of annual contract hours, whichever is less.<br />

Owners may fly for more than 30 hours or 25% of annual<br />

hours per year as well as on <strong>NetJets</strong> Europe Peak Period<br />

Days, but contract hours for flights taken on those days are<br />

calculated using the <strong>NetJets</strong> U.S. to <strong>NetJets</strong> Europe Inter-<br />

Program Exchange Rates rather than the Aircraft Exchange<br />

Rates. This program is subject to change.<br />

Savings for Marquis Jet Card Owners<br />

Through December 31, 2012, Marquis Jet Card Owners will<br />

see an average reduction of 17% in Inter-Program Exchange<br />

Rates when you request and fly on a <strong>NetJets</strong> Europe midsize<br />

cabin aircraft (Citation XLS/Excel, Hawker 750/800XP).<br />

For more information on these program<br />

enhancements, please contact your Sales<br />

Executive or Account Executive.<br />

NETJETS EUROPE PEAK PERIOD DAYS<br />

<strong>NetJets</strong> Europe Peak Period Days differ significantly from those in the<br />

<strong>NetJets</strong> U.S. program, and many of them fall during the busy summer<br />

travel months. All flights taken on <strong>NetJets</strong> Europe aircraft on Peak Period<br />

Days require 48 hours’ notice for <strong>NetJets</strong> Owners4 and 120 hours for<br />

Marquis Jet Card Owners. If a country has a permit restriction or other<br />

requirement, however, more notice may be needed to schedule your flight.<br />

Upcoming <strong>NetJets</strong> Europe Peak Period Days<br />

June 8, 2012<br />

Marquis<br />

June 10,<br />

Jet<br />

2012<br />

Card<br />

Owners<br />

1 Excludes flights on <strong>NetJets</strong> Europe Peak Period Days.<br />

2 Includes six minutes of taxi time at the beginning and end of each flight.<br />

3 Calculation based on Management Fee per hour calculation using current pricing. Your savings<br />

may vary.<br />

4 <strong>NetJets</strong> Owners of 25-hour shares may be subject to the same number of Peak Period Days<br />

and the same Peak Period Day restrictions as Marquis Jet Card Owners. Please refer to your<br />

contract for details.<br />

Payments allowed under the<br />

foreign corrupt practices act<br />

If you plan to fly to countries or regions outside<br />

of the United States, Canada, Western Europe,<br />

Australia, and New Zealand, please be aware of the<br />

possibility that situations might arise where you may<br />

be requested to make a payment in order to receive<br />

certain governmental services.<br />

These payments, called “Facilitation Payments,” are<br />

made by a person in order to receive only what the<br />

law already permits him or her to receive. Examples<br />

may include a fueler at a government-owned FBO<br />

who refuses to fuel the aircraft before receiving a tip<br />

or a customs agent who requests an expediting fee<br />

to process the customs paperwork before going to<br />

lunch. Although facilitation payments are not illegal<br />

under the United States Foreign Corrupt Practices Act<br />

(FCPA), which prohibits the making of bribes and other<br />

illegal payments or gifts to foreign government officials,<br />

<strong>NetJets</strong> does not endorse facilitation payments and<br />

such payments cannot be made in countries where<br />

this practice would be illegal under the laws of those<br />

countries. Still, it is an unfortunate reality that this<br />

system is commonplace in numerous countries.<br />

<strong>NetJets</strong> crewmembers may have some money<br />

on hand, but they do not carry sufficient cash to<br />

meet all of these potential situations. In addition, in<br />

accordance with the U.K. Bribery Act, crewmembers<br />

aboard <strong>NetJets</strong> Europe flights are prohibited from<br />

making any facilitation payments, regardless of<br />

whether the flight originates or terminates in the U.K.<br />

Note that routine tips or gratuities paid to ensure that<br />

all services are provided effectively and efficiently<br />

(e.g. tipping for handling, lavatory cleaning, fueling,<br />

catering, etc.) are not normally considered to be<br />

facilitation payments.<br />

Your Owner Services Team will assist you in<br />

preparing for your travel out of the country.<br />

20 | NETJETS UPDATE SUMMER 2012 | 21<br />

June 8, 2012<br />

<strong>NetJets</strong><br />

Owners4 N/A<br />

June 15, 2012<br />

June 22, 2012<br />

June 22, 2012<br />

N/A<br />

June 29, 2012<br />

July 1, 2012<br />

July 6, 2012<br />

N/A<br />

July 13, 2012<br />

July 20, 2012<br />

July 27, 2012<br />

June 14, 2012<br />

June 15, 2012<br />

June 22, 2012<br />

June 22, 2012<br />

June 24, 2012<br />

June 24, 2012<br />

June 28, 2012<br />

June 28, 2012<br />

June 29, 2012<br />

July 1, 2012<br />

July 6, 2012<br />

July 12, 2012<br />

July 13, 2012<br />

July 20, 2012<br />

July 27, 2012<br />

July 27, 2012<br />

Beginning of Euro 2012<br />

Summer<br />

Description<br />

half term &<br />

French Open Final<br />

Art Basel<br />

Art Basel<br />

Heavy demand &<br />

Euro Euro 2012 2012 (Quarter-final) Quarterfinal<br />

Heavy demand &<br />

Euro Euro 2012 2012 (Quarter-final)<br />

Quarterfinal<br />

Heavy demand &<br />

Euro Euro 2012 2012 (Quarter-final)<br />

Quarterfinal<br />

Heavy demand<br />

Euro 2012 Final<br />

Heavy demand<br />

Heavy demand<br />

Heavy demand<br />

Summer break<br />

Summer break & Olympic<br />

Games Opening Ceremony


NEW + NOTEWORTHY<br />

<strong>NetJets</strong><br />

looks East<br />

In March 2012, <strong>NetJets</strong> unveiled additional details for our<br />

new joint venture in the People’s Republic of China. Subject to<br />

obtaining relevant regulatory approvals, <strong>NetJets</strong> China Business<br />

Aviation Limited will be a joint venture among <strong>NetJets</strong> Inc., a<br />

consortium of Chinese investors led by Hony Jinsi Investment<br />

Management (Beijing) Ltd, and Fung Aviation.<br />

The joint venture and its operational base will be headquartered<br />

in Zhuhai, a prefecture-level city approximately one hour by fast<br />

ferry from Hong Kong. A Memorandum of Understanding with<br />

the Zhuhai Aviation Industry Park was signed in Hong Kong in<br />

August 2011 and was witnessed by the Central Government’s<br />

Vice-Premier Li Keqiang. <strong>NetJets</strong> China has filed for the<br />

necessary aviation licenses from the Government and will<br />

commence operations as soon as those approvals are obtained.<br />

<strong>NetJets</strong> China will begin with managing and chartering aircraft<br />

that are wholly-owned by customers, rather than fractional<br />

aircraft ownership. Naturally, <strong>NetJets</strong> China will be devoted to<br />

upholding the same standards of excellence in safety that are<br />

employed in the <strong>NetJets</strong> U.S. and <strong>NetJets</strong> Europe programs.<br />

A significant number of Owners already travel to, from, and within<br />

China. Your needs and requirements have been a driving factor in<br />

our decision to develop a long-term, localized presence there.<br />

“The Chinese aviation market has phenomenal growth potential<br />

and we believe that introducing the <strong>NetJets</strong> service in China will<br />

enhance our brand’s global offering for customers around the<br />

globe,” said <strong>NetJets</strong> Chairman and CEO Jordan Hansell.<br />

22 | NETJETS UPDATE<br />

NEW FOR + POSITION NOTEWORTHY ONLY<br />

SUMMER 2012 | 23


NEW + NOTEWORTHY<br />

Referral Appreciation Program<br />

24 | NETJETS UPDATE<br />

Refer. Register. Receive.<br />

NEW FOR + POSITION NOTEWORTHY ONLY<br />

Both <strong>NetJets</strong> Owners and Marquis Jet Card<br />

Owners now get rewarded for referrals<br />

When you tell a friend, colleague, or even a family member about <strong>NetJets</strong>, and<br />

he or she purchases a <strong>NetJets</strong> ShareTM , <strong>NetJets</strong> LeaseTM , or Marquis Jet Card,<br />

we will reward both you and the person you referred with promotional hours<br />

on the respective aircraft type you own. You can receive promotional hours for<br />

referrals more than once, as there is no limit.<br />

Promotional hours are based on the product owned by the referring Owner and<br />

the product purchased by the referred Owner.<br />

REFERRAL<br />

AWARD CHART<br />

Referring Owner<br />

receives<br />

Referred Owner<br />

receives<br />

Referral and purchase of<br />

50-hour or larger<br />

<strong>NetJets</strong> Share or <strong>NetJets</strong> Lease<br />

Referral and purchase of<br />

25-hour or larger<br />

Marquis Jet Card<br />

2 promo hours 1 promo hour<br />

To register a prospect<br />

• Contact your Sales Executive or Account Executive<br />

• Call the dedicated <strong>NetJets</strong> Referrals phone number at 877-535-4162<br />

• Send an email to referrals@netjets.com<br />

Terms and conditions<br />

• To qualify for the Referral Appreciation Program, the person you refer must<br />

be a new contact for <strong>NetJets</strong> (not in conversations with <strong>NetJets</strong> within the<br />

previous six months) and must close on a share, lease, or card within 12<br />

months of the referral date. Retroactive referrals do not apply.<br />

• Promotional hours are not credits to your existing contract; they are<br />

promotional hours on a new contract.<br />

• Promotional hours are available within 30 days of the referred Owner’s closing<br />

and must be used within 12 months.<br />

• Promotional-hour flights are flown under CFR Part 135.<br />

• Form 1099-MISC will be issued to the referring Owner for flight-hour benefits valued<br />

at $600 or more. The value of the flight-hour benefit will be calculated using the<br />

Standard Industry Fare Level (“SIFL”) method and rates published by the IRS. In most<br />

cases, the flight benefit for a two-hour flight with five or fewer passengers, calculated<br />

using SIFL, is not subject to Form 1099 reporting. Please note that flight-hour benefits<br />

in excess of two hours (resulting from multiple referrals) and/or flights with five or<br />

more passengers onboard may result in a taxable flight benefit, subject to Form 1099<br />

reporting. Form 1099 is not required for the referred Owner. Please contact your Sales<br />

Executive or Account Executive for more details.<br />

SUMMER 2012 | 25


NEW + NOTEWORTHY<br />

A New Day<br />

at Bridgeway<br />

<strong>NetJets</strong> Opens New Headquarters<br />

at Port Columbus International Airport<br />

26 | NETJETS UPDATE<br />

Cutting the ribbon<br />

On April 4, 2012, <strong>NetJets</strong><br />

held a ribbon-cutting<br />

ceremony to officially open<br />

our new Columbus<br />

headquarters on Bridgeway<br />

Avenue. <strong>NetJets</strong> Inc.<br />

Chairman and CEO Jordan Hansell led the ceremony, which was<br />

attended by hundreds of <strong>NetJets</strong> team members and special guests<br />

from the community, including local dignitaries. Hansell thanked<br />

everyone involved for their hard work in completing and opening the<br />

facility earlier than originally scheduled. Following the ceremony, VIPs<br />

toured the new building and joined <strong>NetJets</strong> employees at a static<br />

display of a new Bombardier Global 6000 aircraft on the <strong>NetJets</strong> ramp.<br />

Good for employees, good for Owners<br />

Owners will be better served by having all Columbus-based<br />

employees in one place. Since so many <strong>NetJets</strong><br />

departments work in close collaboration, it will be easier for<br />

team members to meet with one another to foster ideas and<br />

efficiently resolve issues.<br />

The new building is attached by a second-floor walkway to the<br />

original Bridgeway office, which continues to house approximately<br />

800 flight operations employees. The 140,000 square-foot<br />

LEED-certified facility is now home to about 500 employees who<br />

previously worked in leased office space four miles away. The move<br />

will save <strong>NetJets</strong> approximately $900,000 a year.<br />

“Our main goal was to (locate the headquarters) next to our other<br />

facility so that everyone could walk back and forth and exchange<br />

information and create even more of a team atmosphere,” Hansell<br />

said. And with abundant windows providing close-up views of<br />

the airport, Hansell said that “reminds people on a daily basis<br />

why we’re here.”<br />

The new building also allows employees to spend more time at<br />

the office and less time in transit. <strong>NetJets</strong> Senior Vice President,<br />

Aircraft Management Chuck Suma said he used to have to drive<br />

between the Easton and Bridgeway offices three times per day.<br />

“It’s a totally different atmosphere here and so good to have<br />

everyone in one place,” he said.<br />

Commitment to Columbus<br />

U.S. Representative Pat Tiberi (R-Ohio), whose district includes<br />

the location of the new building, and Columbus Mayor Michael<br />

Coleman both spoke at the ribbon-cutting ceremony about the<br />

importance of <strong>NetJets</strong> in the Columbus community. Rep. Tiberi<br />

said of the new building, “It’s great for Columbus, central Ohio,<br />

and the state.”<br />

“Columbus is alive and well. Columbus is a city that works.<br />

<strong>NetJets</strong> is an example of how it works,” said Mayor Coleman.<br />

“<strong>NetJets</strong> employees are proud of <strong>NetJets</strong> and are great<br />

ambassadors for <strong>NetJets</strong> and Columbus.”<br />

Of the complicated process involving the FAA, EPA, Columbus<br />

Regional Airport Authority, city of Columbus, and Franklin County,<br />

Coleman added, “To see a partnership in the city between the<br />

private sector and the public sector is great. I see nothing but<br />

bigger and better things for <strong>NetJets</strong> and the city; expectations<br />

are high for both.”<br />

Top left: The new <strong>NetJets</strong> headquarters in Columbus.<br />

Inset: <strong>NetJets</strong> Chairman and CEO Jordan Hansell, joined by local leaders,<br />

cuts the ribbon as <strong>NetJets</strong> begins a new era.<br />

FOR THE POSITION LAST WORD ONLY<br />

<strong>NetJets</strong> Senior Vice President, Aircraft Management Chuck Suma stands in<br />

front of the four-story mural at the new corporate headquarters.<br />

At <strong>NetJets</strong>, we are planning for the future. As you have<br />

seen in this newsletter, we are taking delivery of a<br />

Phenom 300 demonstrator aircraft and are adding the<br />

Global 5000 and Global 6000 to the <strong>NetJets</strong> fleet later<br />

this year. We moved into our new headquarters, and we<br />

became the first fractional operator to attain Level III of<br />

the FAA’s Safety Management System. And we continue<br />

to create unforgettable events for you and your family.<br />

The common thread in all of these developments is<br />

that they are intended to better serve you and to enrich<br />

your ownership experience. To that end, you’ve also<br />

seen inside this newsletter that we continue to provide<br />

exclusive offers through partnerships with some of the<br />

world’s most desirable brands. We encourage you to take<br />

advantage of these opportunities.<br />

Providing Owners with the best possible service is always<br />

paramount, and it continues to guide us in all that we do.<br />

I wish you happy travels this summer.<br />

Chuck Suma<br />

Senior Vice President, Aircraft Management<br />

<strong>NetJets</strong> Inc<br />

SUMMER 2012 | 27


FOR POSITION ONLY<br />

Prepay and Save<br />

By electing to prepay your account for a minimum<br />

12-month period, <strong>NetJets</strong> Share and <strong>NetJets</strong> Lease<br />

Owners receive a net present value discount as well as the<br />

convenience of not receiving invoices on a monthly basis.<br />

With the <strong>NetJets</strong> Prepay Option, we provide you with<br />

an invoice that encompasses Monthly Management<br />

Fees, Lease Payments, and/or estimated Occupied<br />

Hourly Fees for the year. The invoice includes annual<br />

and any other scheduled escalations that occur during<br />

the actual prepayment period as well as estimated fuel<br />

usage and applicable Federal Excise Tax.<br />

Each month, your actual flight activity charges and<br />

associated Monthly Management Fees or Lease<br />

Payments are applied to the prepaid amount. At the<br />

end of the 12-month period, any prepaid balance<br />

remaining is applied to the following year’s prepayment.<br />

If your actual charges exceed your prepaid amount<br />

at any point during the 12-month period, you are<br />

invoiced the estimated amount to cover the remaining<br />

prepayment term.<br />

To start using the Prepay Option, for the current net<br />

present value discount, or for more information,<br />

contact your Sales Executive or Account Executive.<br />

<strong>NetJets</strong> Inc. is a Berkshire Hathaway company.<br />

All fractional aircraft offered by <strong>NetJets</strong> ® in the United States are managed and<br />

operated by <strong>NetJets</strong> Aviation, Inc. Executive Jet ® Management, Inc. provides<br />

management services for customers with aircraft that are not fractionally owned, and<br />

provides charter air transportation services using select aircraft from its managed<br />

fleet. Both of these operating companies are wholly owned subsidiaries of <strong>NetJets</strong><br />

Inc. All fractional aircraft offered by <strong>NetJets</strong> Europe are operated, maintained, and<br />

crewed by <strong>NetJets</strong> Transportes Aéreos, SA, a Portuguese/EU air carrier. Marquis Jet ®<br />

Partners, Inc. is a wholly owned subsidiary of <strong>NetJets</strong> Inc. and sells the Marquis Jet<br />

Card ® . Marquis Jet Card flights are operated by <strong>NetJets</strong> Aviation under its 14 CFR Part<br />

135 Air Carrier Certificate.<br />

©2012 <strong>NetJets</strong> Inc. All rights reserved. <strong>NetJets</strong>, Executive Jet, Marquis Jet, and<br />

Marquis Jet Card are registered service marks. ONL11212<br />

2 | NETJETS UPDATE

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