OHIO

OHIO

NetJets Inc. to invest $200M for Ohio expansion

COLUMBUS — Private air charter service NetJets Inc. plans to invest $200 million to expand in Columbus. The decision ends speculation that the company would move its operations elsewhere.

NetJets has flight operations in Columbus and more than 2,000 employees there. It’s expected to add 800 jobs in the city over the next few years. NetJets’ customers buy fractional shares of an aircraft in exchange for access to flight service. NetJets has executive offices in Woodbridge, N.J., and is owned by Omaha, Neb.-based Berkshire Hathaway Inc.

NATION

US Airways, union agree; members must ratify pact

TEMPE, Ariz. — Negotiators for the mechanics union at US Airways has agreed with the airline on a contract that includes pensions and 10 percent raises in the first year. The contract still must be ratified by the airline’s 3,300 International Association of Machinists members.

Union spokesman Joseph Tiberi says the agreement would put mechanics from America West Airlines and the former US Airways on the same contract. Tiberi says it would give mechanics 10-percent raises immediately, followed by 3-percent raises every year until 2011, plus new overtime rates. Members can also enroll in a pension plan.

Associated Press