NetJets

...firm to Buffett in 1998. ``NetJets owns more planes than is required for its present level of operations and further downsizing costs will be incurred in the fourth quarter,'' Berkshire said in its filing. ``Management believes that...

In this article: Berkshire Hathaway, Warren Buffett, Derivative, Standard & Poor's, Burlington, Credit-default swap, Income, Recession, and Burlington Northern Santa Fe Corp.

...which lets individuals and companies buy shares of private jets rather than full ownership. Buffett uses NetJets aircraft for his own business travel. "It is with reluctance that I accept Richard's decision to step down," Buffett said in a...

In this article: Warren Buffett, Berkshire Hathaway, and New York Stock Exchange

...Warren Buffett of Berkshire Hathaway (nyse: BRK - news - people ). Speculation was that they were negotiating a sale of the aircraft-leasing division (Buffett owns NetJets). But at the same time, Berkshire Hathaway owns several large...

In this article: American International Group, Maurice Greenberg, The Fed, Warren Buffett, General Re, Fitch Ratings, Lehman Brothers, and Berkshire Hathaway

...is on trial to see if he can sort out the business. Berkshire Hathaway's second-quarter figures show NetJets lost $253m (GBP153m) in the three months, and $349m in the first six months. In typical Buffett style, the results statement adds...

In this article: Warren Buffett, Petrofac, HBOS, and Berkshire Hathaway

...what was at the time seemingly indefensible. What this was really talking his book, since he owns NetJets, a fractional jet ownership company, and FlightSafety, a private jet crew training firm. Plus only nine national airlines fly in and...

In this article: Warren Buffet, TARP, FlightSafety, Berkshire Hathaway, and United States

...tied to the housing market such as Shaw Carpeting and Acme Brick. The division also includes luxury businesses like jewelry stores and NetJets corporate jets. NetJets founder Richard Santulli stepped down earlier this week and...

In this article: Berkshire Hathaway, Derivative, Warren Buffett, Revenue, Subsidiary, and MidAmerican Energy Holdings Co.

...and individuals, has its operational headquarters at Port Columbus. Last year the company announced plans to launch a $200 million expansion in central Ohio and add 800 jobs. Santulli had been considered a possible successor to the...

In this article: Warren Buffett, All rights reserved, Berkshire Hathaway, Ohio, and Jet Aviation

...suggest that you call the "aircoholics anonymous" hotline. Though Berkshire Hathaway does own NetJets, the airline business has been none to kind to the world's second-richest man. CAPS members don't have a terribly high opinion of...

In this article: US Bancorp, Berkshire Hathaway, Leucadia National, Google, Warren Buffett, Apple, Motorola, Revenue, and Southwest Airlines