Pursuits
Buffett’s NetJets Buys Used Jets to Add Plane-Share Customers
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Warren Buffett’s NetJets Inc. is buying used jets from customers who want to sell their own plane and join the aircraft-management company’s fractional-ownership plan.
The Aircraft Transition Service was created in August after inquiries from potential clients, said Adam Johnson, global senior vice president of sales for Columbus, Ohio-based NetJets.