Companies interviewed for this year’s fractional and charter market special report indicate that business is decent, although nowhere near the pre-recession pace of 2005 and 2006. The fractional-share business, at one time assumed by many to be dying or at least permanently flat, is growing, but still at a slow rate.
Signature Flight Support and NetJets broke ground today on a 10,000-sq-ft dedicated passenger terminal solely for NetJets customers at Palm Beach International Airport in Florida. The $13 million facility, which will open in the second half of next year, is being developed under a partnership between the FBO chain and fractional provider. Attending the event were Signature and NetJets executives, local elected officials and a half dozen students enrolled in the aviation program at the nearby Boynton Beach Community High School.
NetJets is adding in-flight Internet service from Aircell to another 100 or so aircraft in its fleet, Aircell announced yesterday. In 2010 the fractional operator initially opted for Aircell Internet service aboard more than 250 of its jets, and the additional 100 systems will expand NetJets’ connected fleet by about 40 percent. The installation process is already under way at Duncan Aviation, and the entire retrofit program is expected to be completed by mid-2014.
NetJets officially opened its new dedicated passenger terminal at Van Nuys (Calif.) Airport on Thursday. Built on a Maguire Aviation leasehold in partnership with Maguire, the new 10,000-sq-ft facility is located on the east side of the airport, near the center and adjacent to Western Jet Aviation. Stevie’s Catering occupies 1,000 sq ft in the NetJets facility.
NetJets introduced its Supplemental Lift Assurance program yesterday to address the short-notice needs of aircraft owners that cannot be met with their owned aircraft. The obstacle might be a technical problem, an existing trip commitment or a size or range inadequacy of the owned aircraft for the mission at hand.
The computerized FBO management system field in the U.S. is about to get more crowded as European developer Amsterdam Software is set to export its web-based FBO One system overseas to challenge rival products such as Total FBO, My FBO and FBO Manager.
Fractional-share provider NetJets has ordered up to 425 Bombardier and Cessna jets worth as much as $9.6 billion, with deliveries to begin in 2015. The purchase is the largest general aviation aircraft order in history and includes a firm order for 75 Bombardier Challenger 300s (plus options on another 125), a firm order for 25 Challenger 605s (plus options on 50 more) and and a firm order for 25 Cessna Citation Latitudes (plus options on an additional 125).
Fractional ownership giant NetJets Europe (Stand 7051) is diversifying into aircraft management services. In an interview with AIN, sales director Marine Eugene explained that NetJets Aircraft Management has been established as a separate operation and will soon have its own air operator’s certificate (AOC). It will focus on large-cabin and long-range business jets, from the size of the Dassault Falcon 2000 upwards.
NetJets Europe announced this week at EBACE that it is diversifying into aircraft management services. According to NJE sales director Marine Eugene, NetJets Aircraft Management has been established as a separate operation and will soon have its own air operator’s certificate. It will focus on large-cabin and long-range business jets, from the size of the Dassault Falcon 2000 upwards.
NetJets Europe is launching management services in Europe as a separate division from its fractional operations in the region. It will be similar to U.S. Executive Jet Management arm at NJE’s sister company. AIN contributing editor Thierry Dubois sat down with NetJets Europe director of sales Marine Eugene at EBACE to learn more about the new program.