Woodbridge, NJ – January 12, 2007 – NetJets Inc. today announced the appointment of Peter S. Richards to the post of chief financial officer.  Mr. Richards will report directly to Chairman and CEO Richard Santulli.

Mr. Santulli welcomed Mr. Richards appointment, “Pete has demonstrated that he has the ability, dedication and professionalism to take charge of NetJets finances during our next phase of growth.  I am confident that we have the right team to ensure sustained financial growth while maintaining our position as the leader in private aviation, and strengthening our commitment to safety and customer service.”

Mr. Richards joined NetJets as corporate controller in 1998, to assist with developing NetJets financial infrastructure following its acquisition by Berkshire Hathaway Inc.  Prior to joining NetJets, he served as an audit senior manager with KPMG LLP, serving NetJets as a primary client.  Mr. Richards is a graduate of The Ohio State University.

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 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 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.

The Gulfstream Large Cabin Fleet is operated by NetJets International. 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 MiddleEast Program.

Contact:
Maryann Aarseth
NetJets Inc.
732-326-3735
This e-mail address is being protected from spambots. You need JavaScript enabled to view it