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Executive Jet Aviation
NetJets Inc. is an American company that sells Fractional ownership of aircraft, fractional ownership shares in private business jets. Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998. History 1960s The company was founded in 1964 and originally known as ''Executive Jet Airways''. The name was later changed to ''Executive Jet Aviation'' (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world, launching its fractional ownership business in 1986. The founding members of the board of directors included US Air Force generals Curtis E. LeMay and Paul Tibbets, Washington lawyer and former military pilot Bruce Sun ...
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Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. ...
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Curtis E
Curtis or Curtiss is a common English given name and surname of Anglo-Norman origin from the Old French ''curteis'' (Modern French ''courtois'') which derived from the Spanish Cortés (of which Cortez is a variation) and the Portuguese and Galician Cardoso. The name means "polite, courteous, or well-bred". It is a compound of ''curt-'' "court" and ''-eis'' "-ish". The spelling ''u'' to render in Old French was mainly Anglo-Norman and Norman, when the spelling ''o'' was the usual Parisian French one, Modern French ''ou'' ''-eis'' is the Old French suffix for ''-ois'', Western French (including Anglo-Norman) keeps ''-eis'', simplified to ''-is'' in English. The word ''court'' shares the same etymology but retains a Modern French spelling, after the orthography had changed.T. F. Hoad, ''English Etymology'', Oxford University Press paperbook 1993. p. 101a It was brought to England (and subsequently, the rest of the Isles) via the Norman Conquest. In the United Kingdom, the n ...
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Jesse Itzler
Jesse Itzler is an American entrepreneur, author, and rapper.Family's Live-In Navy SEAL Identified
New York Post. November 3, 2015. Jennifer Gould Kell. accessed February 9, 2016
He is the co-founder of , one of the largest private companies in the world, a partner in Zico Coconut Water, the founder of The 100 Mile Group and an owner of the
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David Sokol
David L. Sokol (born September 1956) is an American business executive. He is Chairman/CEO of Teton Capital LLC, headquartered in Wilson, Wyoming. He served as chairman, president and CEO of NetJets as well as chairman of MidAmerican Energy Holdings Company, of which Berkshire Hathaway holds a 100% and 89.8% stake respectively. Early life The youngest of five children, David L. Sokol was born in 1956 in Omaha, Nebraska. His father managed a grocery store in Omaha when he was born. His parents had been married for 25 years when he was born. His eldest sibling is 23 years older than he is. Sokol attended Catholic grade school and public high school. When Sokol was 11, his mother was diagnosed with breast cancer. To help out with expenses, Sokol worked as a paperboy, as a caddie at a golf course, and as a janitor in a hardware store. He also helped local farmers bale hay. In high school, he worked as a maintenance manager for an apartment complex. He also worked for a local groce ...
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Boeing Business Jet
Boeing Business Jets (BBJ) are versions of Boeing's jet airliners with modifications to serve the private, head of state and corporate jet market. In 1996, Phil Condit, president of The Boeing Company, and Jack Welch, chairman and CEO of General Electric, sketched out their ideal business jet– a high-performance derivative of the 737 Next Generation, capable of flying more than 6,000 nautical miles nonstop and offering more cabin space than traditional long-range business jets. The first BBJ, based on the 737-700, rolled out on July 26, 1998 and had its first flight Sept. 4, 1998. Boeing expanded the BBJ brand to include configurations based on the 737 MAX, 777, 777X, 787 Dreamliner and 747-8 Intercontinental, which are known as BBJ 737 MAX, BBJ 777, BBJ 777X, BBJ 787, and BBJ 747-8, respectively. Boeing currently produces the BBJ 737-7, BBJ 737-8, BBJ 737-9, BBJ 787-8, and BBJ 787-9. The BBJ 777X will be available once it is certified by the FAA. Sought by VVIP customers ...
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Boeing 737-700
The Boeing 737 Next Generation, commonly abbreviated as 737NG, or 737 Next Gen, is a narrow-body aircraft powered by two jet engines and produced by Boeing Commercial Airplanes. Launched in 1993 as the third generation derivative of the Boeing 737, it has been produced since 1997 and is an upgrade of the 737 Classic (−300/-400/-500) series. It has a redesigned wing with a larger area, a wider wingspan, greater fuel capacity, and higher maximum takeoff weights (MTOW) and longer range. It has CFM International CFM56-7 series engines, a glass cockpit, and upgraded and redesigned interior configurations. The series includes four variants, the −600/-700/-800/-900, seating between 108 and 215 passengers. The 737NG's primary competition is the Airbus A320 family. , a total of 7,124 737NG aircraft had been ordered, of which 7,096 had been delivered, with remaining orders for two -800, and 26 -800A variants. The most produced variant was the 737-800, with 4,991 commercial, 191 m ...
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Flying Magazine
''Flying'', sometimes styled ''FLYING'', is an aviation magazine published since 1927 and called Ziff Davis#Popular Aviation, ''Popular Aviation'' prior to 1942, as well as ''Aeronautics'' for a brief period. It is read by pilots, aircraft owners, aviation enthusiasts and aviation-oriented executives in business aviation, business, commercial aviation, commercial and general aviation, general aviation markets worldwide. It has the largest paid subscription, newsstand, and international circulation of any U.S.-based aviation magazine, according to its former publisher the Bonnier Corporation, and is promoted as "the world's most widely read aviation magazine". It is owned by digital media entrepreneur Craig Fuller. History The magazine first began publishing in 1927 as ''Popular Aviation'' soon after Charles Lindbergh's historic Charles Lindbergh#New York–Paris flight, transatlantic flight. It was given the name ''Aeronautics'' briefly from 1929–1930 and was changed back to ...
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Richard Santulli
Richard T. Santulli (born August 14, 1944), is an American businessman. He is the founder and chairman of Milestone Aviation Group, a helicopter and business jet leasing company. He is best known for pioneering the concept of fractional jet ownership with NetJets, a company he developed in 1986. Santulli was once considered a possible successor to Warren Buffett at Berkshire Hathaway. Early life Richard T. Santulli was born in Brooklyn, New York on August 14, 1944. Santulli studied at the New York University Tandon School of Engineering, earning B.S. and M.S. degrees in mathematics, as well as a master's degree in industrial engineering. Career Santulli’s first job after graduating was with Shell Oil Company. In 1984, Santulli purchased Executive Jet, a charter service company, as a wholly owned subsidiary of RTS Capital Services. The company launched NetJets, a program that introduced a 'time-share' concept of fractional ownership (as previously seen in resort propertie ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Arthur Godfrey
Arthur Morton Godfrey (August 31, 1903 – March 16, 1983) was an American radio and television broadcaster and entertainer who was sometimes introduced by his nickname The Old Redhead. At the peak of his success, in the early-to-mid 1950s, Godfrey was heard on radio and seen on television up to six days a week, sometimes for as many as nine separate broadcasts for CBS. His programs included ''Arthur Godfrey Time'' (Monday-Friday mornings on radio and television), ''Arthur Godfrey's Talent Scouts'' (Monday evenings on radio and television), '' Arthur Godfrey and His Friends'' (Wednesday evenings on television), ''The Arthur Godfrey Digest'' (Friday evenings on radio) and ''King Arthur Godfrey and His Round Table'' (Sunday afternoons on radio). The infamous on-air firing of cast member Julius La Rosa in 1953 tainted his down-to-earth, family-man image and resulted in a marked decline in popularity which he was never able to overcome. Over the following two years, Godfrey fired ov ...
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