NetJets CEO:150 Flights To Vegas This Weekend, Thanks In Part To Mayweather Match

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NetJets CEO:150 Flights To Vegas This Weekend, Thanks In Part To Mayweather Match
By Mark Hirschey (Work of Mark Hirschey) [<a href="http://creativecommons.org/licenses/by-sa/2.0">CC BY-SA 2.0</a>], <a href="https://commons.wikimedia.org/wiki/File%3AWarren_Buffett_KU_Visit.jpg">via Wikimedia Commons</a>

NetJets CEO Jordan Hansell tells FOX Business Network’s (FBN) Liz Claman the combination of high profile events this weekend like the Floyd Mayweather vs Manny Pacquiao fight will “Certainly” impact their bottom line, and they are seeing “about 150 flights going in and out in Vegas in particular which is quite a number.”

NetJets CEO Jordan Hansell on the business impact something like the Floyd Mayweather vs Manny Pacquiao has on the company:

“That’s something that doesn’t happen all the time as you know. So about 150 flights going in and out in Vegas in particular which is quite a number…Certainly [it impacts the bottom line], that’s exactly right. Here you have the verbal sparring of the annual meeting, there you have the physical sparring of the boxing match.”

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NetJets CEO Jordan Hansell on the economy:

“Everything been going relatively well if you look at the global experience for us, particularly in the United States. So it’s been a strong last 18-24 months and Europe has been doing ok, coming back a little bit, and China, it’s a little early to tell, but of course it’s a challenging environment…Overall I would say China is the weakest at the moment, followed by Europe.”

NetJets CEO Jordan Hansell on their signature series aircraft:

“We came out with a signature series aircraft and those are specialized for us and they love them. Those have been some of the bestselling aircrafts. We made them quieter, lower altitudes in the cabins, higher humidity, inflight entertainment systems, everything is specialized for us. And so they love that and we’ve been selling very, very well.”

NetJets CEO Jordan Hansell on raising prices:

“We have a little bit over time and we do each year, so that’s not uncommon for us, but we’ve continued that pattern.”

NetJets CEO Jordan Hansell on the NetJets clientele:

“We have celebrities, sports figures, CEOs, companies generally, we’re the largest flight department in the world, so generally, companies will outsource their entirety of the flying to us, so  it’s really a wide range.”

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