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
Charter firm ‘Right-sizing’
JetDirect Aviation, the former charter arm of the now-defunct Sentient Jet Holdings, laid off approximately 20 employees late last month.
Charter & Fractional
OurPlane Bids on DayJet Eclipse 500s
London, Ontario-based OurPlane–a fractional provider of “new light aircraft”–made a bid to purchase the entire fleet of 28 Eclipse 500s formerly operated b
Charter & Fractional
Charter's Choppy Waters
At the end of September, the UBS Investment Research group released a business jet update that came as no surprise to U.S.
Charter & Fractional
Elite jets fulfills Arabian promise
Elite Jets Fulfills Arabian Promise
The recently forged alliance between Dubai-based Elite Jets and Jet Aviation is a prime illustrat
The recently forged alliance between Dubai-based Elite Jets and Jet Aviation is a prime illustrat
Charter & Fractional
XOJet chooses new leadership
Former airline executive David Siegel has eschewed big iron in favor of business jets, having been named president and CEO of California-based XOJet, a rap
Charter & Fractional
Slowing world ecomonies affect international charter operations
At face value, the marked decline in leading western European economies would seem to mean an inevitable dip in the fortunes of executive charter operators
Charter & Fractional
Market Shifting, Say Top Brokers
Leading executive charter brokers arguably offer the best overview of current market conditions because they deal with such a broad spread of operators fro
Charter & Fractional
European start-ups launch VLJ air taxis
Blink is stepping up its low-cost European air-taxi network with the introduction of three more Cessna Citation Mustangs due to have entered the fleet arou
Charter & Fractional
Revenues up at Air Partner
Charter broker Air Partner has reported strong growth in both sales and profits for its financial year that ended on July 31.
Charter & Fractional
EAS Acquires FSJet
Fractional provider Executive AirShare (EAS) has acquired Fort Worth, Texas-based FSJet, which has an order for 14 Embraer Phenom 100s.
Charter & Fractional
TAA/VLJ Operators Remain Optimistic
Air-taxi operators employing technically advanced aircraft (TAA) and very light jets (VLJs) are upbeat about their futures, even in the face of DayJet’s de
Aircraft
SwiftJet Orders Five D-Jets
SwiftJet, an aspiring air taxi operator in Canada, has placed an order for five single-engine Diamond D-Jets, along with options for 10 more.
Charter & Fractional
TWC Relocates to Van Nuys
Charter/management firm TWC Aviation has moved into its new facility at Van Nuys Airport in southern California.
Charter & Fractional
Lawsuit: Halcyon Jets defrauded charter firm
Charter broker Jet One Jets is seeking more than $60 million in compensatory and punitive damages from Halcyon Jet Holdings and brokerage firm Halcyon Jets
Charter & Fractional
European charter operator expands fleet of turboprops
Despite its name, Luxembourg-based Jetfly is a fractional ownership aircraft program that uses single-engine turboprops exclusively.
Charter & Fractional
OurPlane Makes Play for Former DayJet Eclipse 500s
London, Ontario-based OurPlane–a fractional provider of “new light aircraft,” including Cirrus SR22 piston singles and one Eclipse 500–today made a bid to
Charter & Fractional
JetDirect 'Right-sizing' Company
JetDirect Aviation, the former charter arm of the now-defunct Sentient Jet Holdings, laid off approximately 20 employees this week.
Charter & Fractional
Virgin Charter Partners with Radius, Cut Jobs
Virgin Charter today announced that it has partnered with global travel management company Radius, which will use the online marketplace to find and book c
Charter & Fractional
NTSB Judge Reinstates Air Trek’s Certificate
NTSB Administrative Law Judge William Pope II on Friday reversed an FAA emergency order of revocation issued in June that grounded Punta Gorda, Fla.-based
Charter & Fractional
Jet One Jets Alleges Competitor Engaged in Fraud
Charter broker Jet One Jets is seeking more than $60 million in compensatory and punitive damages from Halcyon Jet Holdings and brokerage firm Halcyon Jets
Charter & Fractional
UK-based Air Partner Reports Charter Demand Growth
London-based aircraft charter broker Air Partner has reported strong growth in both sales and profits for its fiscal year that ended on July 31.
Charter & Fractional
Charter Brokers Predict Increasing Demand
The charter industry is increasingly optimistic, according to two charter brokerage firms.
Charter & Fractional
TAA/VLJ Air Taxis Optimistic Despite Failure of DayJet
Air-taxi operators employing technically advanced aircraft (TAA) and very light jets (VLJs) are upbeat about their futures, even in the face of DayJet’s de
Charter & Fractional
New leader promises to revitalize Flight Options
Acknowledging that Flight Options had strayed from its original vision, company founder Kenn Ricci and CEO Michael Silvestro, both of whom returned to the
Charter & Fractional
Business slows for new charter industry player
Despite its well-known brand name, Virgin Charter has not been immune to the economic downturn.
Charter & Fractional
Magellan Launches Private Jet Program
Magellan Jets announced launch of its Voyager private jet program, which deducts flight costs from a $250,000 membership fee.
Maintenance and Modifications
XOJet enrolls Citation X fleet in R-R maintenance service
Rolls-Royce (Booth No.
Charter & Fractional
Ten 400XP Hawkers for ISIS Group
The ISIS Group has ordered 10 copies of the Hawker Beechcraft Hawker 400XP light jet, worth more than $70 million with options, to be leased from ISIS by I
Charter & Fractional
First XOJet Challenger 300 enters service
The first of what could be as many as 80 Bombardier Challenger 300 super-midsize jets has entered service with block charter operator XOJet.
