Charter company XOJet announced January 31 that it achieved record revenue and customer growth last year. The company, which placed $2.5 billion worth of orders at last year’s NBAA Convention for Bombardier Challenger 300s and more Cessna Citation Xs, reported an 80-percent climb in revenue and a fivefold increase in the number of customers purchasing more than 100 flight hours a year.
Executive Beechcraft’s three Kansas City area FBOs (owned by BBA Aviation) have joined Avfuel’s dealer network and will offer Avtrip reward points and contract fuel pricing to participating pilots. Avfuel also announced that Craig Air Center in Jacksonville, Fla., has become an Avfuel dealer, and participating customers can receive Avtrip points and Avfuel contract pricing.
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.
The Office and Professional Employee International Union says that the pilot strike it led at PHI had a significant effect on the company’s 2006 financial results. The company posted a net loss of $667,000 last year, compared with net earnings of more than $14.1 million the previous year. Over the same period, the company’s operating revenues increased from $363.6 million to $413.1 million.
The FAA and the Park Service have taken some steps to implement the National Parks Air Tour Management Act, but nearly six years after its passage, “the required air-tour management plans have not been completed,” according to a new report from the Government Accountability Office.
The Government Accountability Office has confirmed that the required air-tour management plans which are part of the National Parks Air Tour Management Act have not been completed and the act has had little effect on noise in the parks.
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