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

Greenjets Starts Shared Flight Service

Greenjets shared business jet service between New York and Florida began last month, and service to Los Angeles, Chicago, Boston, Washington and Atlanta wi
Charter & Fractional

Air Royale Offers Best-price Guarantee

Los Angeles-based private aircraft charter services company Air Royale International is offering a best-price guarantee on its air charter flights.
Charter & Fractional

Frax Firm Jet Republic Suspended, Orders Cancelled

Bombardier Aerospace announced today that it has “terminated its firm and conditional order purchase agreement with Jet Republic.” The cancellation removes
Charter & Fractional

Sokol Wastes No Time in Restructuring NetJets

NetJets’ new chairman and acting CEO, David Sokol, has barely been at the helm of the fractional provider a week, but he isn’t wasting any time in restruct
Charter & Fractional

Losses Mount for NetJets in Second Quarter

Fractional aircraft provider NetJets’ second-quarter revenues fell 43 percent year-over-year to $550 million, and for the first half dropped $1.024 billion
Charter & Fractional

Jet Republic Fights NetJets Poaching Ban

Lawyers acting for European private jet club start-up Jet Republic are seeking to lift a legal injunction secured by rival fractional ownership provider Ne
Charter & Fractional

Avjet Plays Key Role in Clinton’s Mission to N. Korea

Aircraft management and charter firm Avjet held a crucial role in the air transportation for former President Bill Clinton on his visit to North Korea on T
Charter & Fractional

Birds Blamed in Citation I Crash

The NTSB said the probable cause of a crash in Oklahoma City of a Cessna Citation I was airplane wing-structure damage sustained during impact with one or
Charter & Fractional

Frax Industry Founder Steps Down from NetJets

In a seismic event for the business aviation industry, NetJets founder, chairman and CEO Richard Santulli yesterday resigned his position at the company, e
Charter & Fractional

Sunset Aviation Rebrands, Relaunches as Solairus

As of tomorrow, charter/management company Sunset Aviation LLC officially becomes Solairus Aviation.
Charter & Fractional

Arabasco, Royal Jet team on Saudi charter

Royal Jet and Arabasco launched a joint venture to expand private charter services in Saudi Arabia.
Charter & Fractional

Avantair shrugs off effects of recession

Even as other well-established and larger fractional ownership operations are quietly laying off employees and reducing aircraft delivery rates in response
Charter & Fractional

Smart Aviation Readying for Citations

Egyptian charter operator Smart Aviation is preparing to take delivery of the first two Cessna Citation Sovereigns to be certified for medical evacuation w
Charter & Fractional

Whole aircraft on offer from Euro frax firm

European fractional ownership provider Jet Republic is now trying to sell whole midsize business aircraft.
Charter & Fractional

Qatar begins Middle East charter ops

Qatar Airways is getting into the private charter business with the launch of its Qatar Executive subsidiary.
Charter & Fractional

Flight Options prepares for Phenom 300s0

With certification of Embraer’s Phenom 300 expected before year-end, Flight Options released more details about its fractional ownership program for the ai
Charter & Fractional

Platinum Jet charter director pleads guilty

Joseph Singh, former director of charters for the now-defunct charter operator Platinum Jet, pleaded guilty on July 7 to “a conspiracy to defraud charter c
Charter & Fractional

Mercury Jet Charter Reduces Rates

Charter broker Mercury Jet Charter is offering one-way charter rates under its new Mercury Express program.
Charter & Fractional

More charter flights likely for British royals

Britain’s Royal Household and Ministry of Defence are evaluating options for providing flights for Queen Elizabeth II and her family beginning April 1 next
Charter & Fractional

XOJet Expands Fixed-price Charter Service

XOJet launched a national network of “fare on-demand” rates for aircraft charter service starting at $12,000 on more than 15,000 dedicated routes.
Charter & Fractional

More FAA oversight possible for Part 135

FAA scrutiny of on-demand Part 135 charter operators may increase following a report issued July 13 by the Department of Transportation’s Office of Inspect
Charter & Fractional

Rizon Rationalizes in the Gulf

Despite reporting a recent “pronounced upswing” in business jet charter business in the Gulf Cooperation Council territories, Middle East charter and aircr
Charter & Fractional

IG Report Accuses FAA of Inadequate Charter Oversight

In a report on the on-demand Part 135 charter industry
Charter & Fractional

Ex-Platinum Jet Director Pleads Guilty to Fraud

Joseph Singh, former director of charters for now-defunct Platinum Jet, pleaded guilty on Tuesday to “a conspiracy to defraud charter customers and brokers
Charter & Fractional

Avantair Flying High in Face of Recession

As the larger fractional ownership operations lay off employees and/or reduce aircraft delivery rates, Clearwater, Fla.-based Avantair is watching its flee
Charter & Fractional

Arabasco, Royal Jet Form Saudi Charter Venture

Royal Jet and Arabasco today launched a joint venture to expand private charter services in Saudi Arabia.
Charter & Fractional

NetJets Averts Pilot Layoffs and Furloughs

A voluntary furlough-mitigation program collaboratively formed
Charter & Fractional

Royal Family Relying More on Aircraft Chartering

Britain’s Royal Household and Ministry of Defence are evaluating options for providing flights for Queen Elizabeth II and her family beginning April 1 next
Charter & Fractional

CitationShares Reduces Staff to Match Flight Activity

On Tuesday, fractional-share operator CitationShares laid off 41 office staff and furloughed 52 pilots, according to CEO Steve O’Neill, “to match both the
Charter & Fractional

Coastal Announces Fixed-price N.Y.-L.A. Flights

New York-based Coastal Jet Service is launching per-seat, daily nonstop service on a Citation X between New York and Los Angeles.