Charter & Fractional

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Charter & Fractional

Lufthansa Confirms NetJets Deal

Lufthansa Private Jets confirmed the relaunch of its partnership with NetJets Europe, following the closure of its Swiss Private Aviation subsidiary.
Charter & Fractional

NetJets Now ‘Solidly Profitable’

Revenues at Berkshire Hathaway’s “other services” segment–which includes fractional jet provider NetJets and flight-training company FlightSafety Internati
Charter & Fractional

Fractional Pilot Furlough Ranks Descending

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies.
Charter & Fractional

Sokol Resigns as NetJets Leader

David Sokol has resigned from his job as chairman of several Berkshire Hathaway-owned companies, including fractional-share provider NetJets.
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Charter & Fractional

Avinode sees strengthening market for charter

by Charles Alcock Light jets are losing market share in Europe, falling from 32 percent of the continent’s charter market in 2008 to 26 perce
Charter & Fractional

UK Pushes for Tax on Bizjet Flights

The UK government signaled its intention yesterday to start taxing business-jet passengers in a process that would mirror the country’s existing airline pa
Charter & Fractional

Amid Bahrain Violence, Nexus Shifts Ops to Saudi Arabia

Middle East business aviation support group Nexus is relocating its main operations center to Saudi Arabia in response to violent political upheaval in Bah
Charter & Fractional

Exodus From Japan Begins

As the situation in Japan worsens following last week’s triple disaster of a 9.0 earthquake, a tsunami and the steadily deteriorating status of a major nuc
Charter & Fractional

Congo Copilot and Flight Attendant Freed, Flying Home

The copilot and flight attendant who were
Charter & Fractional

JetDirect Estate Seeks Chapter 7 Clawback

The bankruptcy trustee for debtors associated with JetDirect Aviation
Charter & Fractional

Lufthansa Confirms NetJets Deal, Reveals Growth Plans

Lufthansa Private Jets confirmed the relaunch of its partnership with NetJets Europe, following the closure of its Swiss Private Aviation subsidiary.
Charter & Fractional

Fractional Pilot Furlough Ranks Begin To Decrease

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies.
Charter & Fractional

Revolutions Boost Charter Demand but Rates Fluctuate

Demand for private and executive charter showed signs of strengthening from the outset this month, perhaps buoyed by increased bookings for flights to evac
Charter & Fractional

NetJets Places First-ever Bombardier Order, and It’s a Big One

NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement late last night for up to 120 new Bombardier Global jets, a
Charter & Fractional

Will revolt spell the end of Egypt's bizjet boom?

Business aviation flew to the rescue of several thousand people fleeing Egypt during protests that led to the overthrow of long-standing President Hosni Mu
Charter & Fractional

Gama expands its Gulf fleet

Gama Aviation has added a new Bombardier Challenger 850 to its managed fleet of business aircraft in the United Arab Emirates.
Charter & Fractional

Lufthansa Private Jets 'coming back' to NetJets

Lufthansa has decided to close its Swiss Private Aviation (SPA) subsidiary and is set to seal a new deal with NetJets Europe to provide charter flights for
Charter & Fractional

Warren Buffett: NetJets Now ‘Solidly Profitable’

Revenues at Berkshire Hathaway’s “other services” segment–which includes fractional jet provider NetJets and flight-training company FlightSafety Internati
Charter & Fractional

China bizjet count moves into triple digits as demand broadens

China's business aviation sector took a leap forward last year when the number of private jets registered in the country went into three figures for the fi
Charter & Fractional

Customs treaty should ease bizav headaches in Russia

Russia, and the former Soviet republics surrounding it, remains a massive land of opportunity for business aviation.
Charter & Fractional

EBAA pushes for rule harmonization as tax and flexibility concerns blur safety standards

The European Business Aviation Association (EBAA) is refocusing its lobbying efforts as it seeks to address regulatory inconsistencies not only between Wes
Charter & Fractional

VAT changes spur finance concerns

The recent removal of the loophole that allowed aircraft owners to import aircraft into the European Union (EU) via the UK at a zero rate of value-added ta
Charter & Fractional

Cobham buys 146 jets for Australian mining shuttle service

Cobham Aviation Services Australia is buying a pair of BAE 146s that it currently leases from the asset management division of BAE Systems.
Charter & Fractional

Linear Air Launches Customer Loyalty Program

Eclipse 500 air-taxi firm Linear Air on Friday announced new benefits for frequent-flier customers from Boston Hanscom Field and Westchester County Airport
Charter & Fractional

Lufthansa Private Jets ‘Coming Back’ to NetJets

Lufthansa has decided to close its Swiss Private Aviation (SPA) subsidiary and is set to seal a new deal with NetJets Europe to provide charter flights for
Charter & Fractional

EJM Gains FAA Authorization for iPad EFB

The FAA has authorized Executive Jet Management (EJM) to replace paper terminal charts with Apple iPad-based Class 1 electronic flight bags (EFBs) running
Charter & Fractional

Gulfstream V Stuck in Congo

A Gulfstream V managed by New York City-based Arcadia Aviation was seized last week in the Democratic Republic of the Congo (DRC), and the flight crew and
Charter & Fractional

Lufthansa Considers New Bizjet Vendor As Swiss Private Aviation Hangs in the Balance

Lufthansa is weighing possible new options for providing executive charter services through its Lufthansa Private Jets service.
Charter & Fractional

Charter Demand Softens, Long-term Recovery Continues

Demand for private charter flights continued to dip at the end of January in line with seasonal expectations following the spike in bookings around the Chr