NetJets, the luxury plane unit of billionaire Warren Buffett s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training. -June 05, 2024 at 05:45 pm EDT
- MarketScreener
By Jonathan Stempel (Reuters) - NetJets, the luxury plane unit of billionaire Warren Buffett's Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training pilots. The lawsuit.
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After inking a revised labor agreement with its pilots, NetJets has signed a deal that could see it spend over $6 billion for up to 232 of Bombardier s Challenger 3500s.
The civil aviation ministry is drafting policy to insulate fractional owners of private jets and choppers from “regulatory compliances as far as possible”