PlaneSense, the Pilatus PC-12 regional fractional ownership program of Manchester, N.H.-based Alpha Flying, celebrated its 10th anniversary last month. The company, thought to have more than 100 shareowners, currently operates 20 PC-12s and has more on order. The company was formed to address the “shorter-distance, regional needs” of its shareowners.
Charter and Fractional » Fractional
News and issues concerning the fractional-ownership industry and markets, including company announcements, regulations, new developments and labor issues.
Fractional ownership provider NetJets Europe has launched a dedicated operation for the Scottish market. Through NetJets Scotland the company will offer flights to and from 17 Scottish airports, including the Royal Air Force bases at Lossiemouth, Leuchars (close to the exclusive St. Andrews golf course) and Kinloss.
Cleveland-based fractional provider Flight Options announced three new buyer-incentive programs. Until December 16, buyers of a three-thirty-second share (75 hours of annual usage) in a new Hawker 400XP will get an extra 25 occupied hours per year (a total of 100 hours) with no additional capital outlay.
Four years after their contract became “amendable,” the unionized NetJets pilots may finally have a new work agreement. On October 8, the bargaining committee for pilots at Berkshire Hathaway-owned fractional provider NetJets reached a tentative agreement (TA) with the company.
A new European fractional ownership program that will begin operations this month is offering shares in pre-owned Cessna Citation CJ1s. UK-based European Business Jets (EBJ) was launched through a $3.7 million share flotation on the London Stock Exchange’s AIM small companies market in April. It expects to operate a fleet of five CJ1s by year-end and to double that number by the end of next year.
Marquis Jet card owners and guests now have access to medical support from the famed Mayo Clinic of Rochester, Minn., while they are on a NetJets aircraft or at their destination anywhere in the world, 24 hours per day. Marquis Jet sells 25-hour blocks of travel time exclusively on NetJets aircraft.
The FAA will soon replace a 1995 advisory circular that provides operators with guidance and recommendations on how to develop and receive approval for a weight-and-balance control program. Weight-and-balance programs have been required for operators of aircraft with five or more passenger seats and operated under FAR Parts 121, 125 and 135. The new publication, AC 120-27D, will add fractional aircraft operations under Part 91, Subpart K.
Fractional provider NetJets has ordered 50 AirCell ST 3100 Iridium satellite communication systems for its fleet of Hawker 400XP light business jets. The satellite phones will be installed in the 400XPs before retail delivery at Raytheon Aircraft Services in San Antonio, in the coming months, according to AirCell, which began marketing Iridium services in 2002.
Fractional operator Flight Options has launched Global Access, an overseas travel program using a fleet of nearly 100 charter aircraft accessible to the company’s aircraft owners to provide a seamless travel experience in Europe and Asia. Global Access does not require travelers to purchase a block of hours, buy a share, pay monthly management fees or place a deposit. Instead, pricing is based on aircraft category and trip itinerary.
Ever since the FAA issued its final rule on “Regulation of Fractional Aircraft Ownership Programs and On-demand Operations” known as Part 91, Subpart K [which took effect in the U.S. in February–Ed.] in September 2003, business aviation associations on both sides of the Atlantic have been trying to harmonize regulatory standards for fractional ownership operations.