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
Air Partner Shuts Down Aircraft Operating Division
UK-based charter broker Air Partner today announced that it has shut down its aircraft operating division–Private Jet Operating Company (PJOC)–in a bid to
Charter & Fractional
Avinode and CharterX Agree To Merge Forces
Online charter booking portals Avinode and CharterX have agreed to merge, with Avinode buying out the CharterX shares for an undisclosed sum.
Charter & Fractional
FAA Loses Air Trek Appeal
The NTSB denied an FAA appeal of a judicial decision requiring
Charter & Fractional
Marty Guinoo Steps In As New Sentient Jet CEO
Sentient Jet announced today that Marty Guinoo is taking over as CEO, replacing Steve Hankin, who has left the company for a new job as managing director o
Charter & Fractional
NetJets Suffers Loss in 2009, Sees Profitable 2010
NetJets lost $711 million last year and is so debt-laden that without parent-company Berkshire Hathaway’s guarantee of this debt, “NetJets would have been
Charter & Fractional
Delta AirElite Acquires Segrave Aviation
Delta Air Lines subsidiary Delta AirElite Business Jets acquired Kinston, N.C.-based Segrave Aviation last month.
Charter & Fractional
Cessna Takes Full Ownership of CitationAir
Cessna Aircraft yesterday completed its acquisition of business aviation flight services provider CitationAir.
Charter & Fractional
Avantair Soars in Frax Market
Fractional provider Avantair reported revenues of $35.8 million for its Fiscal Year 2010 second quarter ending December 31.
Charter & Fractional
Aabar Boosts Its Investment in XOJet
Abu Dhabi-based investment firm Aabar Investments is investing a further $20 million in charter provider XOJet.
Accidents
Platinum Jet Trial Postponed until May
The trial of Michael and Paul Brassington, John Kimberling, Brien McKenzie and pilot Francis Vieira, executives and employees of now defunct Platinum Jet M
Charter & Fractional
Flight Options, Pilots Reach Agreement
International Brotherhood of Teamsters Local 1108, the union for Flight Options’ 500 pilots, early last month reached a tentative agreement for a first con
Charter & Fractional
VistaJet and Flexjet Join Forces
Executive charter group VistaJet is joining forces with fractional provider Bombardier Flexjet to provide seamless access to each company’s respective serv
Charter & Fractional
Royal Jet Steps Up Private Flights to Iraq
Abu Dhabi-based charter operator Royal Jet is taking increasing numbers of bookings for flights into Iraq.
Charter & Fractional
$20M Verdict Against XtraJet Overturned
A judge in the 2nd District Court of Appeals in Los Angeles overturned an earlier $20 million judgment against defunct charter operator XtraJet, saying, “T
Charter & Fractional
Avinode Upgrades Charter Search Engine
Online charter portal Avinode upgraded its new aircraft charter search engine, making it easier for charter brokers and operators to put together the most
Charter & Fractional
Avantair Soars in Difficult Fractional Aircraft Market
Fractional provider Avantair reported revenues of $35.8 million for its fiscal year 2010 second quarter, which ended December 31.
Charter & Fractional
Flight Options Pilots Finally Have a Tentative Contract
International Brotherhood of Teamsters Local 1108, the union for Flight Options’ 500 pilots, this week announced that it reached a tentative agreement for
Charter & Fractional
Air Charter Demand Sluggish, Avinode Says
Demand for charter flights looks set to fall from the rise enjoyed by the market last month, according to the latest
Charter & Fractional
Touching Bases: Charter Operators Earn ARG/US platinum Rating
During the last quarter of last year, ARG/US International added 18 charter operators to its Platinum rating system, bringing the total number of operators
Charter & Fractional
Touching Bases: Sky Limo Charter Sees Growth
Unlike many charter operators that saw revenues decline last year, Sky Limo Air Charter revenues grew during 2009, to more than $6 million before November,
Charter & Fractional
Jet Aviation has own charter op with purchase of K Services
Jet Aviation has launched its own charter company after purchasing sole-proprietor charter operator K Services and naming the new charter division Jet Avia
Safety
ACSF publishes five-year review of charter safety
The Air Charter Safety Foundation’s (ACSF) recently completed review of Part 135 incidents and accidents examines the safety record of the industry from 20
Charter & Fractional
Air Partners adds frax to its charter, management business
Canadian aircraft management company Air Partners has launched a fractional-share program to capitalize on historically low used aircraft prices.
Charter & Fractional
Mustang operator starts up at Le Bourget
Wijet (pronounce Weejet), a start-up company based at Paris Le Bourget Airport, has begun operations under its own air operator’s certificate (AOC) with a
Charter & Fractional
Solairus Launches Program To Help Fund CAN
Aircraft charter and management firm Solairus Aviation launched a program to help fund the Corporate Angel Network’s (CAN) continued efforts to provide can
Charter & Fractional
JetBird still in the nest
Having delayed its launch for the third time (most recently to December)
