Charter and Fractional

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

June 17, 2014 - 2:30pm

Online private jet charter portal Victor appointed Dan Northover as chief marketing officer. The company, which launched in 2011 and experienced “huge growth” this year, said the appointment represents a “significant step forward” as it prepares to launch its new business-to-client app and enter the U.S. market later this year. Most recently, Northover was digital design director and board member of Partners Andrews Aldridge, part of the Engine Group, and partner at the Engine Group, the UK’s largest privately owned communications group.

June 12, 2014 - 2:35pm

Jet Aviation signed an agreement today with Luxaviation Group, a major European business aviation operator, to provide exclusive handling services through its network of FBOs in Europe, Middle East and Asia (EMEA). Under the FBO service agreement, Jet Aviation will provide dedicated handling services to Luxaviation’s managed fleet of almost 100 aircraft at its FBOs in Switzerland, Germany, Russia, Dubai, Saudi Arabia, Hong Kong and Singapore.

June 10, 2014 - 6:00pm

NetJets’ Chinese joint venture, NetJets Business Aviation Ltd, obtained its operating permit from the Civil Aviation Administration of China (CAAC) yesterday. This moves NetJets China closer to the final step in its certification–approval of its operating certificate, which would allow it to begin providing private jet services for customers in China.

June 10, 2014 - 6:00pm

NetJets’ Chinese joint venture, NetJets Business Aviation Ltd, obtained its operating permit from the Civil Aviation Administration of China (CAAC) yesterday. This moves NetJets China closer to the final step in its certification–approval of its operating certificate, which would allow it to begin providing private jet services for customers in China.

June 5, 2014 - 2:44pm

NetJets’ repair stations achieved a new safety milestone yesterday, entering Level III of the FAA’s safety management system (SMS) program. As such, NetJets is the first repair station in the U.S. to achieve this safety level.

June 5, 2014 - 2:10pm

Wheels Up displayed its first Cessna-refurbished Citation XLS during a preview event yesterday at Westchester County Airport in White Plains, N.Y. The company announced in December that it would add refurbished Citation Sovereigns and Excel/XLSs to its closed membership fleet of King Air 350is. The recently delivered XLS is one of 10 it will take this year. By year-end, Wheels Up expects to have 27 King Air 350is, 10 Citation Excel/XLSs and five VistaJet Global 5000s.

June 5, 2014 - 12:25am

While known primarily for its FBO network, Landmark Aviation has made great strides in its aircraft management division over the past few months. In the wake of three strategic company acquisitions, the Carlyle Group subsidiary’s managed aircraft fleet has grown 50 percent, to a total of 83 jets and turboprops nationwide, rendering it the country’s second-largest business aircraft management operator behind Executive Jet Management, according to industry data provider Argus. Approximately 50 of Landmark’s managed aircraft are also available for charter.

June 3, 2014 - 3:55pm

Projected demand for private charter flights suggests significant volatility over the early part of the Northern Hemisphere summer season, according to the latest data from online charter portal Avinode. The company’s forward-looking demand index for 30 days beginning June 2 showed marked decreases in most categories analyzed for the North American and European markets, with some notable exceptions.

June 3, 2014 - 3:15pm

Now air charter buyers can use their smartphones to grab the next available helicopter seat bound for the Hamptons. The new Blade app lets customers book a seat on an existing flight or charter a whole helicopter and then use the app to help fill the seats. The app is backed by New York City’s Liberty Helicopters. Flights booked on Blade take off from NYC’s East Side Heliport and land in South Hampton, East Hampton and Montauk, with return flights to Midtown’s West Side Heliport.

May 29, 2014 - 2:35pm

Delta Private Jets launched a new aircraft management program designed to help owners cover the cost of purchasing a business jet by providing a guaranteed monthly income stream over a five-year fixed term. Called Ownership Assist, the new program is designed for owners who require only occasional use of their jet and are looking for guaranteed monthly income that covers 80- to 100 percent of their monthly payments, according to Delta Private Jets. Under the program, aircraft owners are allotted 30 flight hours per year over 20 flight days at no cost.

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