Tuesday, September 4, 2007

Jostling in the Skies for the Business Jet Set

THE business jet industry, surging as airline delays keep pushing new passengers into more expensive private jet flying, is undergoing some basic competitive readjustments.

One is a move that will be announced today by NetJets, the company that 20 years ago introduced the concept of selling fractional shares of private jets and managing them for clients.

NetJets will eliminate much-disliked “ferry fees” — charges for flying and repositioning an empty airplane to or from a client’s destination — for many flights between the continental United States and major foreign destinations. NetJets, which has a worldwide fleet of 694 business jets, does not now charge ferry fees within the continental United States.

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