Charter and Fractional » Charter

News and issues concerning the aviation charter industry and markets, including company announcements, regulations, new developments and labor issues.

July 3, 2007 - 6:08am

After five years of study and planning and spending and simulating, DayJet is within weeks of flying paying passengers on its small but growing fleet of Eclipse 500s. DayJet founders Ed and Nancy Iacobucci developed the DayJet idea after running a traditional charter operation and deciding that very light jets (VLJs) offered a unique opportunity.

July 2, 2007 - 12:30pm

The UK’s Marshall Aerospace and NetJets Europe are expanding their agreement for support of the fractional’s Citation fleet. Marshall said it is spending £5 million ($9.9 million) to extend its facilities and add new services to its Cambridge base to support the Citations. The company’s new hangar and FBO will offer 24-hour service and support to NetJets, with an MRO capability and access to an expanded spares inventory.

June 16, 2007 - 1:30am

European business jet operator FlyingGroup has teamed up with fixed-based
operator Million Air at Le Bourget’s new business aviation terminal.

June 14, 2007 - 8:54am

Demand for charter is so strong that Executive Jet Management (EJM) is offering new incentives to encourage business aircraft owners to make their airplanes available for charter. “Demand outweighs the supply of aircraft,” said Ronald Silverman, senior vice president for client relations.

June 14, 2007 - 6:53am

French executive charter operator and broker Aviaxess has launched what it claims to be the first frequent flyer loyalty program in the business aviation market. It is promoting the new Aviacard here at the Paris Air Show in association with its partner Breitling, whose exclusive watches are among the rewards that customers can earn through the new program.

June 12, 2007 - 9:53am

Virgin USA is expanding with the launch of Virgin Charter, an online marketplace for charter operators and customers.

June 7, 2007 - 12:08pm

The National Air Transportation Association (NATA) and a number of heavy hitters in the air charter industry have created the Air Charter Safety Foundation to promote Part 135 safety initiatives, including an industry-wide standard safety audit and adoption of safety management systems. Once an operator has completed the audit, the operator’s information will be included in an online registry for charter customers and others to review.

May 31, 2007 - 10:07am

Point2Point Airways, the Grand Forks, N.D.-based on-demand “airline style” charter company, ceased operations and laid off all its employees last month. It was formed in 2002 to respond to what it called a lack of connectivity in the Great Plains region.

May 31, 2007 - 9:45am

UK-based charter operator London Executive Aviation, which calls itself the UK’s largest charter operator, was named best general aviation operator for the second consecutive year by the Baltic Air Charter Association (BACA) recently. The award was chosen by BACA members, 125 companies that provide everything from aircraft charter and brokering to airline and airport support.

May 23, 2007 - 11:56am

Spanish aircraft charter and management firm Executive Airlines has seen its sales rocket from $12 million in 2005 to more than $26 million last year, and implementation of current plans should result in sales of more than $47 million this year.

 
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