After his retirement from the Air Force, Tibbets worked for Executive Jet Aviation (EJA), an air taxi company based in Columbus, Ohio, and now called NetJets. He was one of the founding board members and attempted to extend the company's operations to Europe, but was unsuccessful. He retired from the company in 1968, and returned to Miami, Florida, where he had spent part of his childhood. The banks foreclosed on EJA in 1970, and Bruce Sundlun became president. Sundlun lured Tibbets back to EJA that year. Tibbets succeeded Sundlun as president on 21 April 1976, and remained in the role until 1986. He served for a year as a consultant before his second and final retirement from EJA in 1987.