RESEARCH TRIANGLE PARK – If a recession is headed our way, someone needs to tell billionaire extraordinaire Warren Buffett and his high-flying NetJets private taxi service for the world’s elite.

Business is so good, in fact, that NetJets’ European operation is investing $715 million in 39 new aircraft.

Folks in the Triangle are watching NetJets closely since Raleigh-Durham International Airport is in the running for a major NetJets operation in the U.S. And if the European announcement is any indicator of what’s to come in the U.S. the airline that is operated by Buffett’s Berkshire Hathaway will continue to grow here.

The question right now is whether NetJets will move to RDU or stay in Columbus, Ohio.

NetJets’ coverage of the European Union is being increased dramatically to accommodate a growing appetite for the private jet service by corporate executives.

According to company spokesperson Rob Dranitzke, 25 of Europe’s top 50 companies call on NetJets. Some 80 percent of the people flying the small but fast and fabulously equipped jets are corporate execs rushing to meetings.

However, if you think the execs are partying onboard, think again.
"We love to think about the glamour of people sipping champagne at 40,000ft. But our customer is a chief executive who has to get to two meetings in one day. He wants to see a factory in eastern Europe and still tuck his kids in," Dranitzke told the London Telegraph.

Buffett, who utilizes NetJets himself, isn’t one to party either. According to media reports, he is greeted for each NetJets flight he makes by an attendant offering him a cherry Coke.