Press Release

Issued by NetJets, Inc..

October 24, 2016

NetJets Inc. buys and sells more airplanes than any other private aviation company in the world, and now the fractional ownership pioneer is offering these capabilities to the entire private aviation community through a new, independent subsidiary: QS Partners, a whole-aircraft brokerage and dealership.

“By recognizing a growing need from our clients regarding whole-aircraft sales and trades and leveraging NetJets' global network of resources, QS Partners allows us to offer a valuable service that goes beyond what is traditionally offered by aircraft brokerage services,” said Doug Henneberry, EVP of aircraft asset management at NetJets. “This is a service our customers have asked for, and we'll extend the uncompromising attention to detail they have come to expect from NetJets to this new venture.”

Whole-aircraft transactions are hardly new territory for NetJets or for QS Partners. For years the company has assisted aircraft owners looking to transition into a NetJets Share or Marquis Jet Card, or fractional owners looking to supplement with whole aircraft ownership. The company's aircraft expertise also runs deep; it maintains a fleet of more than 700 jets globally that continuously require refreshing.

“Even though we are a new company, we have the resources, the expertise, the capital strength, and the global presence of NetJets,” said Brian Hirsh, president of QS Partners. “Those four elements set QS Partners apart from almost every other broker dealer.” QS Partners is now the exclusive authorized reseller of NetJets airplanes.

A long-term strategy for QS Partners is to focus on customer-centric service. Every transition is about more than buying or selling an airplane; it's about developing a relationship and understanding the core of the customers' objectives and where they want to be. This allows QS Partners to create the best solution, especially with the expertise of John Odegard and Seth Zlotkin, NetJets veterans and industry experts who bring a combined 25 years of aviation sales experience to the team.

In addition to being customer-centric, QS Partners is also a data-driven company with global reach. Fueled with decades of research provided by its parent company, QS Partners has more data, more details, more knowledge of the market, and more understanding of what's happening in all corners of the world than other companies.

“Data allows us to better guide customers and provide valuable options,” said Hirsh. “We have the resources to facilitate a seamless transaction anywhere around the globe.”