“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Lufthansa Inks NetJets Deal
Lufthansa Private Jets has relaunched its partnership with NetJets Europe, following the closure of Swiss Private Aviation, another subsidiary of the German airline. Lufthansa also has announced plans to expand its executive charter service into Middle Eastern and U.S. markets later this year. Under the new deal, Lufthansa passengers will be able to book NetJets flights with as little as 10 hours' notice. The available fleet of more than 150 aircraft in Europe includes Hawker 400XPs, as well as Cessna Citation XLSs and Gulfstream G550s. Lufthansa previously partnered with NetJets from 2005 to late 2007.