9 March 2006 - Following on from their write-up in Warren Buffet's letter to shareholders, NetJets Europe, Europe's leading private aviation company, today announced that it has signed its 1000th customer. This milestone highlights the company's amazing growth over the past four years. In 2005 alone, NetJets Europe attracted nearly 400 new clients to its Fractional Ownership and NetJets Card Programmes.  Starting with a base of 89 clients in January 2002, NetJets service and product offering have driven the growth of European private aviation.

In addition, NetJets took delivery of 31 new aircraft in 2005, raising the overall fleet size by 50% to 87 planes - Europe's largest private jet fleet - and making it the 9th largest aircraft fleet in Europe, ahead of airlines such as BMI, Virgin Atlantic and Swiss.

In 2005, NetJets Europe undertook an average of 120 flights a day and flew to 744 airports in 104 countries. Total flights over the course of 2005 were up 36% on the previous year.

UK airports were prevalent amongst the top ten most popular airports, with London City, Luton, Northolt and Farnborough all ranking high. In fact, flights to and from the UK accounted for 25% of all NetJets traffic over the past 12 months.

The surge in demand for NetJets' planes has come both from corporations and high net worth individuals who value the ability to fly where they want, when they want, without the inefficiencies and hassles of commercial air travel.

Customers have taken advantage of the benefits of both the NetJets Fractional Ownership Programme, and the NetJets Card Programmes. Under fractional Ownership customers buy a share of a plane, and are entitled to 50 hours flying time for each 1/16th interest. Under the NetJets Corporate Card and Private Jet Card, customers make a one-off payment to buy 25 hours of flying time. Prices start at £85,000.

NetJets Europe is by far the leading business jet company in Europe, and is indeed the only pan-European company with its own fleet. NetJets aircraft ranges from the 7 seater Hawker 400XP to the Gulfstream 550, seating 14 and capable of inter-continental travel.

Mark Booth, Chairman & CEO NetJets Management Ltd, today said

"These are huge numbers, but what makes us happy is that we have a product which resonates with corporate chieftains and key opinion formers. Their enthusiasm for what we do and their willingness to extol our virtues to their friends results in referrals which account for 70% of our business. This endorsement by a sophisticated and demanding clientele may be one of our biggest accomplishments."