Wednesday, January 31, 2007

NetJets Europe is lagging behind Executive Charter Services.

Mark Booth, chairman and chief executive of NetJets Europe, told Reuters that many of his 1,300 to 1,400 clients were concerned about the need to tackle global warming, but were unlikely to give up private air travel in response.

“We are working with people who really make economies hum. We are talking about the leaders of business around the world … It’s not going to happen,” he said in an interview on the sidelines of the Forum. “If you cut down on people flying, you cut down on economic growth, you cut down on quality of life.”

While declining to elaborate on the specifics, Booth said his company was working on a remedy to help offset its carbon emissions, which he hoped to present within six months. This might include carbon trading or a green investment, he said.

“NetJets Europe is committed to taking a leadership position on this issue. It’s the right thing to do, and it’s also good business for me,” he said.

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