August, the final month of the peak northern-hemisphere summer vacation season, seems set to bring some encouragement to the private charter market, although with considerable variations in the outlook for the next 30 days on either side of the Atlantic Ocean and among different sizes of aircraft.
Charter and Fractional » Charter
News and issues concerning the aviation charter industry and markets, including company announcements, regulations, new developments and labor issues.
Kenny Dichter, founder of jet-card innovator Marquis Jet, is re-entering the private aviation market with the launch of Wheels Up, a new private members club. The new company is set to place an $800 million order for 105 Beechcraft King Air 350i twin turboprops, with deliveries of the eight-passenger aircraft due to begin in the fourth quarter of this year, running through 2018.
Swiss air charter broker Vertis Aviation is adding a South African-based Bombardier Global 6000 to its fleet on August 1. The ultra-long-range aircraft will be positioned in Johannesburg to satisfy the growing demand for business jet travel in and around the African continent. Vertis said the Global 6000 will be its first jet marketed from an African location and further underpins the company’s strategy of creating an international network. The aircraft will be operated by a local corporate flight department.
The Dubai office of charter broker Air Charter Services (ACS) is arranging potential evacuation flights for people who might need to leave Egypt in a hurry. According to ACS deputy managing director Justin Bowman, “We have been getting a large number of calls from worried companies and have already placed various aircraft on standby at Cairo Airport to fly into Dubai in case the situation deteriorates.
Demand for executive jet charters looks set to remain stable on both sides of the Atlantic, according to the latest data from online charter portal Avinode. On July 2, the company’s forward-looking index for the following 30 days showed demand almost unchanged compared with a month earlier in the company’s light-, medium- and heavy-jet categories. In the U.S.
DayJet founder Ed Iacobucci died last Friday after a 16-month battle with pancreatic cancer. After he left Citrix Systems, the software maker that he co-founded, in the early 2000s, Iacobucci started laying the groundwork for per-seat, on-demand charter operator DayJet and placed an order for 239 Eclipse 500s in May 2005. DayJet started operations in October 2007 but ceased flying 11 months later.
VistaJet, a global aircraft charter operator that flies only Bombardier business jets, opened its new Malta operations center late last week. Maltese Prime Minister Joseph Muscat and other top-ranking Maltese officials joined VistaJet founder and chairman Thomas Flohr to mark the occasion.
Daher-Socata announced yesterday at the Paris Air Show that the French DGAC has awarded Rennes, France-based charter operator VolDirect the go-ahead to conduct single-engine IFR (SEIFR) commercial flights in its TBM 850. This is the first time an air charter company has been approved to carry passengers on SEIFR commercial flights in Europe.
Elkhart, Ind.-based charter operator Travel Management is installing Aircell’s Gogo Biz high-speed Internet service across its entire fleet of 70 Hawker 400XPs and 800XPs. It expects installations of the system to be completed by October. The company began introducing Gogo Biz aboard its 800XPs last year.