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

Six Charged in Platinum Jet Teterboro Crash

Five executives and a pilot associated with now-defunct Platinum Jet Management have been charged in connection with the 2005 crash of a Challenger 600 fol
Charter & Fractional

NetJets Europe Buys a German Airport

NetJets Europe has agreed to acquire Egelsbach Airport near Frankfurt, Germany’s financial center, for an undisclosed sum.
Charter & Fractional

EAS Lists Phenom Share Costs

Regional fractional share operator Executive AirShare (EAS) announced that it will be selling Phenom 100 shares for $299,500 for a one-sixteenth share with
Charter & Fractional

As flight activity slows, charter firm narrows focus

Virgin Charter has had its fair share of ups and downs over the past few months.
Charter & Fractional

Firm taps market for single charter seats

Newly launched PrivateJet Share.com allows travelers to buy and sell individual seats on chartered aircraft.
Charter & Fractional

Jet-sharing ‘Networks’ Emerge

Two U.S.-based companies have launched online networks that allow customers to book flights with other private jet users and share the cost of their flight
Charter & Fractional

Blink Continues Fleet Growth

European low-cost air-taxi pioneer Blink has taken delivery of three more Cessna Citation Mustangs.
Charter & Fractional

Empire Launches Arabian Gulf Island Flights

Executive charter firm Empire Aviation has started operating a pair of Cessna 208 Grand Caravans on scheduled flights connecting Abu Dhabi International Ai
Charter & Fractional

Flexjet Unveils Economy-friendly Programs

To adapt to current economic conditions, Dallas-based fractional provider Bombardier Flexjet last month unveiled two new jet-card products.
Charter & Fractional

JetDirect Selling Sunset Aviation

JetDirect Aviation will sell its wholly owned aircraft charter subsidiaries Sunset Aviation and Presidential Jets to their original ownership groups and ha
Charter & Fractional

Flight Options Furloughs Pilots

Flight Options vice president of flight operations Bob Tyler last month announced 63 more pilot furloughs “due to reduced demand due to the ongoing nationa
Charter & Fractional

ExecuJet Expands Fleet

ExecuJet Aviation has expanded its aircraft charter and management operation in Mexico with the addition of a Bombardier Global Express and a Dassault Falc
Charter & Fractional

Private Equity Injection To Buoy JetDirect Aviation

By the end of next month, JetDirect Aviation expects to close a deal with a private-equity firm “with significant private aviation experience” that will se
Charter & Fractional

ARG/US: Flight Activity Down More than 20 Percent

Large-cabin business jet flight activity in December took the biggest hit–26 percent–compared with activity over the same period in 2007, according to the
Charter & Fractional

Citing Recession, Flight Options Furloughs More Pilots

In a letter sent to all pilots and flight attendants last Wednesday, Flight Options vice president of flight operations Bob Tyler announced furloughs that
Charter & Fractional

UK Air Taxi’s VLJ Fleet Growing in Blink of an Eye

Farnborough, UK-based air-taxi service Blink recently took delivery of three more Cessna Citation Mustangs and now has four of the very light jets in servi
Charter & Fractional

Avantair Defies Industry Slowdown…

Piaggio Avanti fractional provider Avantair said it logged a record number of flights during the Thanksgiving holiday (November 25 to 30), “in sharp contra
Charter & Fractional

AvJet Opens ‘Green’ Bizjet Hangar

The first private aircraft hangar certified to the platinum level by the Leadership in Energy and Environmental Design (LEED) green building rating system
Charter & Fractional

ExecuJet Extends ‘Simply Fly’ Program

The roll-out of ExecuJet Aviation’s new Simply Fly lease-based alternative to fractional ownership, block charter and traditional aircraft management has b
Charter & Fractional

Sharp decline in charter demand, reports UK broker

UK-based executive aircraft charter broker Air Partner has reported a dip in business during the first five weeks of the second quarter of its current fina
Charter & Fractional

Schubach Aviation Launches Jet Card Program

Schubach Aviation has introduced the Schubach Jet Card, a premier membership program.
Charter & Fractional

Open Sky Launches Charter Services in Beirut

Cessna has delivered the first of two Citation Mustangs to Lebanese charter company Open Sky Aviation.
Charter & Fractional

Flight Options Furloughs 100+ Employees

Fractional share operator Flight Options has furloughed more than 100 pilots, according to the International Brotherhood of Teamsters Local 1108, which is
Charter & Fractional

Trump/Sentient Sign Partnership Agreement

The Trump Organization and Sentient Flight Group have signed a partnership agreement in which Trump clients will have special access to Sentient’s programs
Charter & Fractional

CitationShares Adjusting Deliveries, Staffing

Fractional share provider CitationShares is reducing the size of its pilot workforce by 30 people, according to CEO Steve O’Neill.
Charter & Fractional

XOJet Feeling the Effects of Sour Economy

San Carlos, Calif.-based XOJet has laid off “around 20” pilots and some additional operations and sales staff, according to John Magner, the company’s exec
Charter & Fractional

Phenom 100 Wins Brazilian Certification, FAA OK Pending

Embraer’s Phenom 100 very light jet today received type certification from Brazil’s Agência Nacional de Aviaçao Civil (ANAC) and FAA approval is expected b
Charter & Fractional

BAA Jet Management Offers First A318 in Asia

BAA Jet Management has taken delivery of its first managed Airbus, an A318 Elite narrowbody bizliner, making the Hong Kong-based company the first in Asia
Charter & Fractional

Flexjet Expert Guide jet card adds joy to season

Fractional share operator Flexjet of Dallas has an innovative answer to the perennial holiday season question, “What do you give to someone who has everyth
Charter & Fractional

Aspen Jetride Surrenders Charter Certificate

Aspen Jetride, the charter operator that acquired the assets of Aspen Executive Air (AEXJet) after AEXJet filed for bankruptcy protection last year, has ce