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
Elite Aviation Files Lawsuit for Unpaid Charters
Van Nuys, Calif.-based Elite Aviation has filed a complaint in the Superior Court of California, Northwest District, accusing charter broker JetCardPlus an
Charter & Fractional
Another Charter Outfit Files Chapter 7
JetChoice, a Little Canada, Minn.-based membership charter company, voluntarily filed for Chapter 7 bankruptcy (liquidation) last Friday.
Charter & Fractional
Charter providers see change amid financial downturn
European business aircraft charter operators and brokers face an unpredictable summer following a 25- to 30-percent downturn in bookings as a result of the
Charter & Fractional
Fledgling European Air Taxi Operator Puts Industry in Perspective
European low-cost air taxi pioneer Blink has taken delivery of three more Cessna Citation Mustangs.
Charter & Fractional
Aero-Dienst increases fleet despite new rule hassles
German business aviation services group Aero-Dienst has increased the size of its fleet to 12 aircraft with the recent addition of a new Bombardier Learjet
Charter & Fractional
Flight Display shows sky-high entertainment
Flight Display Systems is here in Geneva with two of its latest products: a Blu-ray video disc player and its Jet JukeBox for movies and music.
Charter & Fractional
Recession boosts share sales claims start-up Jet Republic
New European fractional ownership provider Jet Republic says it is capitalizing on the downturn in both air transport and business aviation.
Charter & Fractional
FAA Loses Appeal of Air Trek Revocation
Charter operator Air Trek’s battle to reinstate its Part 135 certificate following an FAA attempt at revocation appears to be back on track.
Charter & Fractional
New Rules Pitched for FAR Part 135 CRM Training
The FAA is proposing to require crew resource management (CRM) training for all Part 135 certificate holders’ pilots and flight attendants.
Charter & Fractional
Furlough Mitigation Program Started at NetJets
Fractional provider NetJets and its pilots union–NJASAP, the NetJets Association of Shared Aircraft Pilots–have collaborated on a voluntary furlough-mitiga
Charter & Fractional
Flight Options Gets New Investment
Directional Capital, an investment firm led by Flight Options chairman and founder Kenn Ricci, private-equity firm Resilience Capital Partners and “key mem
Charter & Fractional
Exec AirShare Accepts Its First Phenom 100
Kansas City, Mo.-based regional fractional provider Executive AirShare last month took delivery of its first Embraer Phenom 100.
Charter & Fractional
Fractional Providers Offer Creative Solutions
Fractional aircraft providers have reshaped their marketing efforts to address the difficulty of trying to get customers to buy aircraft shares during a re
Charter & Fractional
FlyMustang matches fliers with VLJ seats
A UK-based broker is seeking to capitalize on surplus capacity among Cessna Citation Mustang operators by offering a variety of fractional ownership and pe
Charter & Fractional
Wayfarer Aviation takes over assets of shuttered JetDirect
The soaring enterprise that started as JetDirect Aviation and grew into a charter/ management operator of 300 aircraft by swallowing up some of the biggest
Charter & Fractional
Pogo Jet axes air-taxi plans
Former American Airlines chief Robert Crandall’s plans to blanket the Northeast U.S.
Charter & Fractional
Air-taxi Plans a Nonstarter for Pogo Jet
Former American Airlines chief Robert Crandall’s plans to blanket the Northeast U.S.
Charter & Fractional
NetJets Union Agrees to Furlough-Mitigation Program
Fractional ownership provider NetJets and its pilots union have collaborated on a voluntary furlough-mitigation program in an attempt to reduce the threat
Charter & Fractional
JetDirect Closes, Wayfarer Aviation Takes Over
On Friday, JetDirect Aviation chairman and CEO Greg C
Charter & Fractional
Jet Direct Planning To Rebrand as Wayfarer Aviation
On Friday, a Massachusetts judge dismissed leg
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‘Runaway Trim’ Questioned in 2007 Citation Crash
An NTSB interim factual report and findings from a flight s
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Restraining Order Halts JetDirect Plans
A Massachusetts judge has granted a petition for a temporary restraining order preventing JetDirect Aviation Acquisition Company (JDAAC) from completing th
Charter & Fractional
Revolution Air Sees Charter Demand Increase
New York City-based charter broker Revolution Air is seeing an increase in corporate charter flights as companies shed their aircraft assets.
Charter & Fractional
JDAAC Plans Payment to Current, Former Employees
As JetDirect Aviation Acquisition Company nears its planned purchase of assets of JetDirect Aviation, JDAAC chairman Robert Pinkas acknowledged the company
Charter & Fractional
Fractional Aircraft Companies Offer Creative Solutions
As the recession tightens its grip on the economy, fractional aircraft providers have stepped up their marketing efforts not only to sell more shares but a
Charter & Fractional
NetJets Europe Launches ‘Summer Card’
Fractional provider NetJets Europe launched the “Summer Card” for Middle Eastern customers who are planning to spend their vacations in Europe this summer.
Charter & Fractional
Trial Date Set for Platinum Jet Defendants
The six individuals who were arrested and charged earlier this year in connection with the Platinum Jet Management Challenger 600 crash at Teterboro Airpor
Charter & Fractional
Flight Options Restructures
Cleveland-based fractional provider Flight Options on March 18 announced a corporate restructuring “to deal with the unprecedented economic forces driving
Charter & Fractional
ARG/US: Flight Activity Shows Hope
According to ARG/US TRAQPak data, business aircraft flight activity increased 28.55 percent in February over the previous month, possibly indicating early
Charter & Fractional
Private-equity Firms Increase Stake in Flight Options
Directional Capital and Resilience Capital Partners have increased their financial stake in fractional-share operator Flight Options and now own a majority
