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.

September 28, 2010 - 11:13am

As a result of aggressive cost-cutting measures, NetJets Europe expects to achieve modest operating profits this year. But the recovery in demand for its business aircraft fractional ownership, block charter and lease offerings is proving slower than anticipated, to the extent that the company now doubts whether even a return to modest market growth will be achieved next year, according to chairman and CEO Eric Connor.

August 2, 2010 - 10:01am

The Department of Transportation is planning to issue a notice of proposed

August 2, 2010 - 10:00am

The Department of Transportation is planning to issue a notice of proposed

August 2, 2010 - 9:57am

The Air Charter Safety Foundation (ACSF) will conduct audits of 30 Part 135 charter operators this year, adding to the 12 that have thus far been audited. The latest to be added to the ACSF Industry Audit Standard (IAS) registry is M&N Aviation, based in Casper, Wyo. The ACSF audit is done every 24 months, and according to the foundation the “goal is to have IAS recognized as the universal benchmark

August 2, 2010 - 9:55am

Solairus Aviation has added six large-cabin jets to its managed charter aircraft portfolio, including a Gulfstream G550 and Bombardier Challenger 601-3R. The company’s Part 91 management division has also swelled by approximately 20 percent, with the additions of a Dassault Falcon 900, a Bombardier Global Express, Challenger 601 and 605, all based in the San Francisco Bay Area or the Northwest.

July 8, 2010 - 10:10am

MILLION AIR OPENS FACILITY IN SAN BERNARDINO

July 1, 2010 - 11:56am

Demand worldwide for private charter flights has continued along an encouraging upward curve, with the arrival of the usually busy summer season, improved year-on-year demand and the soccer World Cup tournament in South Africa all identified as driving factors. Data from online charter portal Avinode showed its demand index for June 30 reached 153.13–almost 67 points up on where it had stood on the same day last year.

June 15, 2010 - 12:47pm

Arcadia Aviation this afternoon said it has signed a binding letter of intent to acquire certain assets and operations of Wayfarer Aviation, which was set to shut down last Friday. However, Arcadia provided bridge financing to allow uninterrupted continuation of Wayfarer’s services in advance of the signing of the purchase agreement. The deal announced today is subject to the execution of a definitive asset purchase agreement by both parties.

June 4, 2010 - 4:25pm

Chapman Freeborn Airchartering of Dubai has coordinated several aircraft charters to New Orleans for BP and other responders in their effort to stem the oil leak from the Deepwater Horizon rig site in the Gulf of Mexico.

May 27, 2010 - 10:45am

Inflite Engineering of London Stansted Airport is keeping pace with growing demand for executive Avro Business Jet (ABJ) reconfigurations of BAE Systems regional jets. The latest is a late-model Avro RJ100, which joins Presidential Flight of Abu Dhabi’s existing executive RJ70. The interior dimensions of the bigger RJ100 version allowed for a split-cabin configuration.

Related Channels

 
X