2007-08-14

Benjamin J. Murray Named President and Chief Executive Officer of Executive Jet Management

August 14, 2007 (Woodbridge, NJ) -- NetJets Inc. today announced that Benjamin J. Murray has been appointed president and chief executive officer of its wholly owned subsidiary Executive Jet Management, Inc. (EJM).

NetJets Inc. Chairman and CEO Richard Santulli said, “Ben knows the aircraft management and charter business as well as anyone, bringing a strong sales background and prior experience at EJM to his new role. I have full confidence that Ben is the right individual to lead EJM going forward.”

Mr. Murray was most recently the Vice President for New Business Development within NetJets Sales, a role he served in for the past two years.  Prior to this position, Mr. Murray spent four years as Vice President of Sales for EJM. 

Mr. Murray's career in aviation spans over 11 years and is active in the aviation industry as a member of the National Business Aviation Association (NBAA) and the Experimental Aircraft Association.

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 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.