Boisture Out At NetJets

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After slightly more than two years with the company, Bill Boisture last week resigned his position as president of NetJets, the U.S.’s premiere fractional operator. According to a company statement, Boisture will continue to work for NetJets as a consultant under a long-term agreement. That statement added that W. Boisture & Associates LLC -- a consulting firm headed by its namesake -- will support and assist NetJets on several strategic projects. Boisture joined the company, a unit of Berkshire Hathaway, in October 2003. “Bill has made a strong mark on the NetJets operations,” said Richard Santulli, chairman and CEO of NetJets. Boisture came to NetJets after some 10 years at Gulfstream, from which he retired as president in 2003. Boisture is a U.S. Air Force academy graduate; he was decorated for his military service, which included flying fighter jets.

“His contributions have exceeded my expectations and, by retaining him as a consultant, we will continue to benefit from his management expertise and be in a position to apply his experience across all the NetJets companies,” Santulli added. During his tenure at NetJets, Boisture tackled several complex tasks with long-term impacts on the company. He recently completed the negotiations of five-year labor contracts with the company's pilots and flight attendants. In addition, he led changes that paved the way for operational improvements in planning, forecasting, scheduling, command and control, aircraft maintenance and management information systems. The changes have led to increased fleet availability, reduced operating costs and improved customer satisfaction. “As a consultant to NetJets, I remain committed to the company's long-term success,” said Boisture. “I look forward to continuing my association with this fine company, its employees and owners.”