NetJets Building Exclusive-Use Facility in Scottsdale, Arizona

(BRK.A), (BRK.B)

Berkshire Hathaway’s NetJets has broken ground on a new NetJets exclusive-use facility in Scottsdale, Arizona.

The first from-the-ground-up NetJets Maintenance Service Hub will significantly improve direct collaboration with the company’s supply chain partners.

Securing ramp space will limit traffic congestion and fuel delays and improve on-time performance.

The new facility in Scottsdale is part of the larger worldwide network of 10+ NetJets Maintenance Service Hubs—all located in regional facilities where NetJets owners travel to and from the most.

Owners can also take advantage of the on-site private boarding lounge where they can relax pre-flight.

“At NetJets, our priority is to provide Owners with safe, exceptional, and seamless experiences,” said Brad Ferrell, NetJets’ Executive Vice President, Administrative Services. “Our ongoing investment in expanding our real estate portfolio will continue to improve our industry-leading service, Owner experience, and maintenance abilities. We are excited to introduce our first from-the-ground-up NetJets Maintenance Service Hub site as a part of this larger investment in dedicated facilities across the globe.”

© 2022 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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