WOODBRIDGE, NJ (March 18, 2008) – NetJets today announced that Alan Cullop has been named Executive Vice President and Chief Information Officer. Mr. Cullop previously served as Senior Vice President and Chief Information Officer.

In his new role, Mr. Cullop will oversee accelerating NetJets IT system to leverage technology across all global operating companies. Joining NetJets in 2005, Mr. Cullop implemented a business focused strategy that maximizes the companys return on IT investments. During Mr. Cullops time at NetJets, the business and IT teams have collectively delivered projects utilizing advanced analytics, business process reengineering and internal process optimization to appreciably impact top and bottom line performance.

“Alan is our ideal candidate for taking NetJets IT system to the next level," said NetJets Inc. Chairman and CEO, Richard Santulli. “His measureless knowledge of IT systems and how to utilize them at their maximum potential will be indispensable for leading our IT team.”

Mr. Cullop was formerly Senior Vice President and Chief Technology Officer of Cendant Corporation where he led a transformation of technology; consolidating 26 business units in 130 countries into a single shared service. Mr. Cullops other former experience includes serving as Vice President and General Manager of the Americas for Equants Application Services Division. Mr. Cullop also served on the Board of Directors of SITA and for Tripeze.com.

Mr. Cullop holds a Bachelor of Science degree from the University of Tennessee in Knoxville and was a member of the Leadership Forum at DuPree College of Management at Georgia Tech in Atlanta from 1998-2000.

NetJets Inc., a Berkshire Hathaway company, is the worldwide leader in private aviation and provides the safest and most secure private aviation solutions. NetJets fractional aircraft ownership allows individuals and companies to buy a share of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours notice. The NetJets programs worldwide offer the largest and most diversified fleet in private aviation, which includes 15 of the most popular business jets in the world. Access to the NetJets fleet is also available in the form of a short-term lease, sold on an all-inclusive, pre-paid basis in 25-hour increments, through an exclusive alliance with Marquis Jet Partners. NetJets Inc. also offers aircraft management, charter management, and on-demand charter services through its subsidiary, Executive Jet Management. More information on NetJets, the Marquis Jet Program, and Executive Jet Management is available at www.netjets.com.

The Gulfstream Large Cabin Fleet is operated by NetJets International and NJI. The BBJ is operated by NetJets Large Aircraft Company. All other aircraft offered by NetJets in the United States are operated by NetJets Aviation. Each of these operating companies is a wholly owned subsidiary of NetJets Inc. All aircraft offered by NetJets in Europe are operated by NetJets Transportes Aéreos, SA a Portuguese/EU Air Carrier. The Marquis Jet Card Program is operated by NetJets under its FAR Part 135 Air Carrier Certificate. NetJets has an affiliation with the provider of the NetJets Middle East Program.