Charter and Fractional » Charter

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

September 21, 2007 - 6:28am

Virgin Charter (Booth 1228), a new full-service online marketplace from Sir Richard Branson bringing together buyers and sellers of private air travel, has announced that it is launching a quality assessment program for private aviation.

September 21, 2007 - 5:55am

Al Pod, former president and CEO of NetJets subsidiary Executive Jet Management, has been named to conduct an examination of potential opportunities for NetJets fractional-share operations in China. “We have looked at China in the past,” NetJets president Jim Christiansen said, “and until now we had felt that we weren’t ready or perhaps China wasn’t ready.” Pod is being tapped to lead the six-month study.

September 20, 2007 - 12:20pm

Aspen Executive Air (AEXJet), an ARG/US Platinum-rated charter operator, voluntarily filed for Chapter 11 bankruptcy protection last week in the U.S. Bankruptcy Court, District of Delaware. The petition lists up to $100 million in liabilities, with more than 200 creditors.

September 20, 2007 - 7:24am

When Kenny Dichter and a buddy from college first had the idea for Marquis Jet, the travel card program that sells time aboard NetJets business jets in 25-hour increments, “We had a vision that this business could be a very big one,” he said.
But the pair didn’t exactly have aviation flowing in their veins, as they say, making Marquis Jet’s overnight success story all the
more intriguing.

September 20, 2007 - 6:31am

Per-seat, on-demand carrier DayJet on September 5 received  its Part 135 air charter certificate to operate its fleet of 12 Eclipse 500 very light jets. The company began a gradual rollout of its service two weeks later from “DayPorts” in the Florida cities of Boca Raton, Gainesville, Lakeland, Pensacola and Tallahassee. DayJet currently has 190 employees, approximately 30 of whom are pilots, according to CFO John Staten.

September 18, 2007 - 12:02pm

On Thursday afternoon, Pogo Jet filed a registration statement with the Securities and Exchange Commission for an initial public stock offering to raise money to launch Pogo’s very light jet air charter service. In the filing, Pogo Jet said that it is negotiating the purchase of 25 Eclipse 500s and plans to begin operations in the first quarter of 2009 from a base at Westover Metropolitan Airport in Chicopee, Mass.

September 6, 2007 - 12:02pm

The FAA has given Boca Raton, Fla.-based DayJet the green light to use Eclipse 500 very light jets (VLJs) for its “per-seat, on-demand” service, the company announced yesterday. The addition of the five-seat twinjets to DayJet’s Part 135 operating certificate “is the culmination of more than five years of dedicated work to develop the world’s first fully automated fleet operations system,” said DayJet president and CEO Ed Iacobucci.

September 6, 2007 - 12:01pm

AMI Jet Charter CEO Charles McLaren confirmed to AIN today that TAG Holdings might be interested in selling some of its stake in the charter company. TAG Holdings, based in Switzerland, owns management company TAG Aviation and a minority portion of AMI Jet Charter of Burlingame, Calif. Although the FAA just announced that it is beginning a series of operational control “special emphasis inspections” of all U.S.

August 29, 2007 - 11:16am

Charter/management company North American Jet (NAJ) flew the first revenue passenger flight in an Eclipse 500 VLJ on August 17. The trip originated at the company’s base at Chicago Executive Airport (formerly Palwaukee), carrying two pilots and two passengers to Martin State Airport in Baltimore, at 33,000 feet in Eclipse 500 S/N 18, according to NAJ president Ken Ross.

August 24, 2007 - 11:34am

While debate over the future of the war in Iraq rages among Congress, the White House and the populace, several organizations and individuals in the business aviation industry have been quietly providing support to servicemen wounded in the conflict. One major effort involves Richard Santulli, creator of the fractional ownership business model and the chairman and CEO of industry leader NetJets.

 
X