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.

May 22, 2013 - 8:30am

Online charter portal Stratajet (Booth 673) announced at EBACE that it’s ready to add European charter operators to its platform and will begin offering its Stratafleet online booking services to charter customers in the third quarter.

May 20, 2013 - 7:50am

This summer Carlsbad, California-based ViaSat plans to add two premium classes to its Yonder high-speed Internet satellite telecom service, specifically to cater for the needs of business aviation. The new services–Yonder Premium and Yonder VIP–provide higher data rates, new quality of service assurances and enhanced network operations, as well as field engineering customer support.

April 17, 2013 - 5:44am

China Business Aviation Group (CBAG, Booth H420), founded in 2010 by business aviation veteran Jason Liao, chairman and CEO, is continuing its efforts to boost the region’s business aviation industry and become its leading services provider. Here at ABACE yesterday it announced agreements with engine-care specialists Jet Support Services, Inc. (JSSI, Booth H418), flight crew employment agency ACASS (Booth H217) and business aircraft sales and charter company China Hongly Aviation Group.

April 17, 2013 - 5:28am

Boeing Business Jets (Chalet 140) is pulling double duty here at ABACE 2013, showcasing the BBJ, the VIP version of the Seattle-based airframer’s 737 airliner, while simultaneously celebrating the 40th year of Boeing commercial sales in China and the delivery of the 1,000th Boeing airliner to the market, a 737-800 purchased by China Eastern Airlines.

April 4, 2013 - 1:55pm

On March 26 an NBAA and NATA working group met with Internal Revenue Service (IRS) officials to discuss the Federal Excise Tax (FET) issue. IRS auditors are applying the FET to management fees and expenses paid by Part 91 (non-commercial) operators to management companies.

April 2, 2013 - 1:30am
The accident rate for all Part 135 operations is 0.60 per 100,000 flight hours, approximately four times worse than the airlines’ 0.159 per 100,000 flight hours.

The Air Charter Safety Foundation (ACSF) began its annual safety symposium with an attention-grabbing slide. It shows the accident rates for U.S. Part 121 airlines and all Part 135 operations for the years 2007-2011. The accident rate for all Part 135 operations is 0.60 per 100,000 flight hours, approximately four times worse than the airlines’ 0.159 per 100,000 flight hours.

February 1, 2013 - 6:00am
Gulfstream Aerospace president Larry Flynn, second from left, announced plans for the OEM’s new service center in Beijing in February last year, and by November the facility was up and running. (Photo: David McIntosh)

When the financial crisis that exploded in late 2008 began to ravage Western economies in 2009 and 2010, the business aviation industry took well founded comfort from the fact that escalating demand from emerging markets farther east seemed to be shoring up otherwise sagging demand in traditional markets.

January 24, 2013 - 12:42pm

At NBAA’s Schedulers & Dispatchers annual conference in San Antonio this week, private jet charter and aircraft management provider Excelaire announced that it has once again achieved Wyvern Wingman status.

January 4, 2013 - 5:25am

The nation’s third-largest fractional jet program will continue to pursue a “stealth wealth” clientele while offering them customized solutions to their private aircraft travel needs beyond traditional fractional sales, and that may mean bringing more capital into the company, according to Flexjex president Deanna White.

January 3, 2013 - 3:05pm

Online booking portal Victor is aiming to dramatically increase available charter capacity almost ten-fold. As of the end of 2012, its site showed approximately 1,300 available private jet seats at any given time, and it wants to boost this number to approximately 10,000 seats by the end of this year’s first quarter. Victor allows members to book aircraft directly for what it guarantees are fixed, all-inclusive rates and then offers individual seats for sale to other members.

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