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.

October 31, 2012 - 10:15am

Aircraft management, brokerage, charter and jet card provider TWC Aviation (Booth No. 5334) announced a new program providing six months of aircraft management at no charge for clients who purchase an aircraft through TWC.

October 29, 2012 - 8:20pm

Clay Lacy Aviation (Booth No. 2520) of Van Nuys, Calif. and Chicago’s Priester Aviation have announced a strategic alliance aimed at creating a nationwide service for management, charter, maintenance and all other aircraft services. Both companies will retain their independent brands while working to provide each other’s clients additional value wherever possible. Clay Lacy and Priester have a combined fleet of almost 100 managed aircraft throughout the U.S., 70 of them charter-ready.

October 29, 2012 - 7:40pm

Meridian Air Charter, based in Teterboro, N.J., is expanding its operations to the West Coast as part of a long-term plan to serve existing clients better, while developing its charter and aircraft management services in the San Francisco area. The two-phase expansion involves opening California sales offices in San Jose and at Sonoma County Airport in Santa Rosa. The San Jose office opened in September and the Santa Rose office is scheduled to open in November. In the second phase of its West Coast expansion, Meridian Air Charter (Booth No.

October 29, 2012 - 7:30pm

Aircraft management company and charter operator ExcelAire (Booth No. 1143) announced the addition of a fourth Embraer Legacy 600 to its charter rolls, giving the company the largest fleet of Legacy jets in the Northeast. The added Legacy and its crew will be certified to operate into and out of London City Airport midway through next year, adding to its appeal for transatlantic charters. “We pioneered the Legacy charter market in the U.S., and it has since become one of our most popular aircraft,” said David Rimmer, president of the Ronkonkoma, N.Y.-based company.

October 29, 2012 - 6:40pm
NetJets chairman and CEO Jordan Hansell and Bombardier Business Aircraft president Steve Ridolfi

NetJets unveiled its new Bombardier Global 6000 at the NBAA show static display on Sunday. The fractional ownership giant has spent 18 months developing the Signature Series cabin interior for the large cabin aircraft and will also roll out the new design to other new members of its fleet, including the Challenger 605 and 300 models.

October 29, 2012 - 3:15pm

NetJets unveiled its new Bombardier Global 6000 at the NBAA show static display last night. The fractional ownership giant has spent 18 months developing the Signature Series cabin interior for the large-cabin aircraft and will also roll out the new design to other new members of its fleet, including the Challenger 300 and 605. The aircraft is part of the 50-ship firm order for Global business jets placed by NetJets in March last year, along with options for 70 more.

October 29, 2012 - 3:00pm

Fractional provider Avantair continues to stand down operations and has retained safety expert Nick Sabatini to help complete a thorough examination of its fleet of about 60 Piaggio Avantis, including a comprehensive review of records and supporting maintenance documentation. It has also furloughed all of its pilots and operations staff.

October 29, 2012 - 12:55pm

Charter/management company JFI Jets (Booth No. 2120) has announced its Moscow-based charter partnership, JFI Russia, established last year, is ready for business.

“The deal in Russia has moved into the forward mode,” said Bob Seidel, CEO of the New York City-based charter operator. “We put it on hold for a while. There was political uncertainty for some of the clients and a desire to keep a low silhouette. But now the political landscape is better understood. We’re starting to see the Russians flying again.”

October 29, 2012 - 11:00am

Charter market data services provider Avinode (Booth No. 2120) of Goteborg, Sweden, will present the Avinode 2013 Business Forecast followed by a panel discussion with charter operators at 1 p.m. today in Room N220A here at the NBAA convention.

October 29, 2012 - 10:25am

As a component and subsystem player in the fluid power and motion control market Tactair Fluid Controls (Booth No. 1510) is in a unique position to view the state of the aerospace industry. Tactair has a contract from Sumitomo Precision Products to design and manufacture the complete hydraulic package for the landing gear extension and retraction and steering control systems for the Mitsubishi MRJ.

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