Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Aircraft
Red Sea Projects Set To Revolutionize Tourism in Saudi Arabia
NasJet’s 12-strong fleet today includes only one owned aircraft.
Charter & Fractional
NetJets Pilots To Picket Berkshire Hathaway Meeting
NetJets pilot union organized a picket of the annual shareholders meeting of NetJets's parent company Berkshire Hathaway to protest pay and conditions.
Charter & Fractional
Thrive Aviation Expands to East Coast, Adds Longitude
Nevada-based aircraft charter and management provider Thrive Aviation has opened a facility in Florida as it onboards a Citation Longitude to its fleet.
Aircraft
Mexico's Redwings Plans eVTOL Air-taxi Services
Mexican business aviation group Redwings has signed a letter of intent with Jaunt Air Mobility to buy up to 20 of its Journey eVTOL aircraft.
Charter & Fractional
Jet Linx Earns Safety Rating Trifecta
Jet Linx now holds the highest safety audit ratings from Wyvern, Argus, and IS-BAO Stage 3, making it one of the few, if not the only, operator to do so.
Charter & Fractional
ExecuJet To Open Dubai OMDW FBO This Year
The site will replace a temporary facility that ExecuJet has been running at Dubai’s second airport since 2016.
Charter & Fractional
NJASAP Files Suit against NetJets
NJASAP is suing NetJets, alleging the fractional ownership provider is violating laws by prohibiting pilots from referring customers to a union portal.
Charter & Fractional
Flexjet's Temp Terminal at PGA Masters Scores Big
To serve its customers heading to this year's PGA Masters Tournament in Georgia, Flexjet established a temporary terminal at Augusta Regional Airport.
Charter & Fractional
SETOps Event To Probe Market Opportunities in Europe
Experts explain how Europe could more fully exploit EASA rules allowing single-engine turbine aircraft to fly commercially at night and in IMC conditions.
Aircraft
Honda Aircraft Settles Lawsuit Against Jet It
Honda Aircraft and business jet operator Jet It have reached a confidential resolution in their legal dispute.
Charter & Fractional
Flexjet Scraps IPO, Continues Growth Plans
Flexjet plans to remain "opportunistic" in the capital markets and continue growth after terminating an agreement to go public through a SPAC merger.
Charter & Fractional
Volato Floats $25 Million Debt Offering
Fractional provider Volato is raising $25 million to finance more HondaJets.
Charter & Fractional
Wheels Up 2022 Losses Revised to $555 Million
Wheels Up maintains strong cash reserves, plans reverse stock split to avoid delisting.
Aircraft
Kenai Aviation Takes Delivery of Another Tecnam P2012 Traveller
Alaska based air charter operator Kenai Aviation accepted its second 11-seat Tecnam P2012 Traveller this week at the Sun 'n Fun Aerospace Expo.
Charter & Fractional
SpeedBird Merging with Northern Jet Management
SpeedBird and Northern Jet Management are merging to create a charter/management company with annual revenues of more than $110 million.
Charter & Fractional
Wheels Up Introduces King Air Access Program
Wheels Up hopes that the new UP King Air access program will lock in more customers at a discounted price.
Charter & Fractional
Volato Exceeds 2022 Earnings Expectations
Light jet operator Volato achieved more than $100 million in sales in its first full year of operation.
Airlines
ASQS Expands in Canada with Central Mountain Air Partnership
British Columbia-based regional airline Central Mountain Air has rolled out the iQSMS reporting module to further optimize its safety management.
Charter & Fractional
Fractional Flights Poised To Climb in 2023
The SherpaReport sees growth in fractional aircraft as the fleet expands, waitlists ease, and more customer-friendly terms emerge.
Charter & Fractional
NJASAP Warns NetJets Execs on Need To Up Pay Scale
The NetJets pilots' union NJASAP is warning that company management needs to be aggressive with pay or risk losing pilots to the airlines.
Aircraft
Spanish Private Owner is Latest European Customer for Bell 429
The twin-engine Bell 429 will be operated by Costa del Sol-based sales representative World Aviation for VIP transportation and charter flights.
Aircraft
Advanced Air Mobility Pioneers Aim to Transform Vertical Flight
Plans for a Norwegian emergency medical service to deploy the CityAirbus NextGen eVTOL are set to be among the early use cases for all-electric aircraft.
Charter & Fractional
Southern Sky Aviation Adds To Charter Fleet
Alabama-based Southern Sky Aviation has added a Beechcraft Premier 1 to its charter fleet.
Charter & Fractional
Iris Jets Launches Custom Fractional Services
Miami-based Iris Jets is launching custom fractional leasing services, beginning with the Miami Jet Club that will offer one-eighth shares in a Hawker 750.
Charter & Fractional
Korean Forest Service Orders Columbia's New-build 234 Chinook
The sale reflects Columbia Helicopter's emphasis on manufacturing, overhauling, and upgrading the venerable family of heavy-lift rotorcraft.
Charter & Fractional
Bestfly and Krimson Agree On International Tie-up
Bestfly and Krimson form joint venture in Africa to further business aviation development on the continent.
Charter & Fractional
Chapman Freeborn Expands with Houston Office
Charter broker Chapman Freeborn is continuing its expansion into the Americas with the opening of a new dedicated office in Houston.
Charter & Fractional
Abu Dhabi Aviation Coming to Americas
An oil and gas champion, Abu Dhabi Aviation is also finding viable uses for the aging elements of its fleet.
Aircraft
Thai Operator Plans Grand Caravan Seaplane Service
Following a long pause due to Covid, Siam Seaplanes eyes the launch of Grand Caravan charter operations by mid-year.
Charter & Fractional
Learjet 60, Embraer 190 Have ‘Close Call’ at KBOS
A JetBlue Embraer E190 and Hop-A-Jet-operated Bombardier Learjet 60 were involved in a near-collision at Boston Logan airport on February 27.
