Print
Email
Share

NetJets Inc. to lay off 495 pilots nationwide

Associated Press

Posted on November 6, 2009 at 4:03 AM

COLUMBUS, Ohio (AP) — Private air service NetJets Inc., unit of Warren Buffett's Berkshire Hathaway Inc, says it will lay off up to 495 pilots nationwide because of a drop in demand.

The decision announced Thursday was based on a review of current and projected flight demand, said David Sokol, CEO of NetJets, which caters to companies and business executives.

The layoffs will take effect Jan. 15.

NetJets employs more than 3,000 pilots worldwide, with most of them in the U.S. It is headquartered in Columbus, Ohio, and also has operations in New Jersey and South Carolina.

Print
Email
Share

Forgot Password?

Don't have an account?

Register Now

Member Benefits

Link your account to your Twitter or Facebook account for easier login!

Link your account to your Facebook profile Link your account to your Twitter profile

Check box to receive Free Special Offers

* - Indicates required field

Check box to receive Free Special Offers

Connecting to

You may need to allow pop up window for this step of registration

Just one more step:

Please take a moment to review the available e-mail newsletters has to offer. Place a checkbox next to the newsletters you wish to subscribe to.

Welcome.

Thank you for becoming a member of NWCN.com. You now have full access to the best local coverage and late breaking news from NWCN.com. Soon you will be redirected to the page you were seeking, and a confirmation email will be delivered to you.

You will need to respond to the confirmation e-mail for your account to be activated.

NWCN.com is dedicated to bringing you exceptional news and outstanding information services, all while personalizing it to your liking. We're sure you'll enjoy being a NWCN.com member! If you need assistance, please contact us.