Saturday March 20 , 2010

Boisture Resigns as President NetJets Aviation

WOODBRIDGE, NJ (January 4, 2006) –Today, NetJets, the worldwide leader in private aviation solutions, announced that Bill Boisture has resigned as president of NetJets Aviation and will be retained as a consultant to NetJets Inc., under a long-term agreement. NetJets also stated that Boisture, who has formed W. Boisture & Associates LLC, will support and assist the company on several strategic projects.

Since arriving at NetJets in October 2003, Boisture has focused on high priority projects and processes at NetJets Aviation, the core of NetJets business and its largest company.

“Bill has made a strong mark on the NetJets operations,” said Richard Santulli, chairman and CEO of NetJets. “His contributions have exceeded my expectations and, by retaining him as a consultant, we will continue to benefit from his management expertise and be in a position to apply his experience across all the NetJets companies.”

During his tenure at NetJets Aviation, Boisture tackled several complex tasks with long-term impacts on the company. He recently completed the negotiations of five-year labor contracts with the company's pilots and flight attendants. In addition, he led changes that paved the way for operational improvements in planning, forecasting, scheduling, command and control, aircraft maintenance and management information systems. The changes have led to increased fleet availability, reduced operating costs and improved customer satisfaction.

“As a consultant to NetJets, I remain committed to the company's long-term success,” said Boisture. “I look forward to continuing my association with this fine company, its employees and Owners.”

NetJets Inc., a Berkshire Hathaway company, provides the safest and most secure private aviation solutions in the world. NetJets fractional aircraft ownership allows individuals and companies to buy a piece 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 14 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.

Contact:
Maryann Aarseth
NetJets Inc.
732-326-3735
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