USA - Berkshire Hathaway has reported strong performance from its aviation services subsidiaries, Net Jets and Flight Safety International, which together achieved a 9.7% year-over-year (YOY) revenue increase through the first nine months of 2025. The growth contributed significantly to Berkshire’s overall services group results, underscoring continued momentum in business aviation demand and pilot training activity.
- Berkshire Hathaway’s latest third-quarter results show its services group—which includes Net Jets, Flight Safety, Dairy Queen, Cort, and Business Wire—recorded a $622 million revenue increase in Q3 and a $1.4 billion gain over nine months.
- The company attributed the rise in aviation revenues to increased aircraft ownership, higher flight activity, and improved average hourly rates at Net Jets, reflecting continued fleet and customer growth across private aviation markets.
- Flight Safety International, Berkshire’s pilot training subsidiary, benefited from sustained demand for simulator training and corporate flight department programs, supporting overall aviation segment profitability.
- Berkshire reported a $109 million (19.2%) YOY increase in pre-tax earnings for its services segment in the quarter and $262 million (14.6%) growth over nine months.
- The company noted that while higher crew, instructor, maintenance, and fuel costs offset part of the gains, the aviation businesses remained among the top contributors to service segment earnings expansion.
- The performance highlights the resilience of the business aviation sector, as operators continue to invest in fleet upgrades, recurrent training, and service enhancements amid strong utilization levels.
Source: Berkshire Hathaway
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