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

Nimbus and Horizons drop merger plan

Nimbus Group, the Fort Lauderdale, Fla.
Charter & Fractional

Flight Options ponders cockpit commonality

Flight Options, the Cleveland-based provider of fractional-ownership shares in pre-owned business jets, has started to explore the possibility of developin
Charter & Fractional

Italian firm to corral Mustangs for frax operation

Delta Aero-Taxi plans to start a fractional aircraft ownership operation in Europe with the new Citation Mustang.
Charter & Fractional

Hop-A-Jet Charter introduces outside maintenance

With the recent receipt of an FAR Part 145 repair station certificate, Fort Lauderdale, Fla.-based Hop-A-Jet is now offering maintenance to outside custome
Charter & Fractional

Flight Options says seniority issue resolved

Integrating pilot seniority, one of the thorniest issues created when fractional-operator Flight Options acquired Raytheon Travel Air earlier this year, ha
Charter & Fractional

NetJets Europe sees doubling of shareowners

NetJets owner Warren Buffett told The Wall Street Journal he expects fractional sales will double in Europe to 200 shareowners this year, although
Charter & Fractional

Caravan,Jetstream fractionals cease operations

Two separate turboprop fractional operations have not done well.
Charter & Fractional

Association aims to define ethics for charter brokers

A group of brokers have formed the Air Charter Professionals Association (ACPA) to define a set of standards and a code of ethics for their industry.
Charter & Fractional

Satellite TV company buys FlightTime.com software

Orbit Communications, the third-largest provider of satellite TV, bought at auction the software and other assets of defunct FlightTime.com and its AirChar
Charter & Fractional

Charter brokers hunt for new clients

Demand for executive aircraft charter continues to be softened by depressed trading activity in the financial community, which has previously been a core m
Charter & Fractional

In search of a light jet, Unijet breaks tradition

French charter operator Unijet will further expand its Paris Le Bourget-based fleet next year when it takes delivery of a pair of Cessna Citation CJ2s.
Charter & Fractional

Taughannock Aviation copes with bad times

At Taughannock Aviation, an FBO and charter operation tucked away in a corner of Tompkins County Airport near the bucolic, university dominated central New
Charter & Fractional

Real-estate developer builds charter op from the ground up

Going from real estate to on-demand business jet charter seems a bit of a stretch.
Charter & Fractional

Indigo relaunching bizav service with RJ shuttle

Indigo, which originally launched a “regular and frequent” business aircraft service with a Falcon 20 in February 2000, was scheduled to receive its first
Charter & Fractional

Many shocked as frax values drop

Fractional aircraft owners who were assured five years ago–when business aviation was booming–that their shares would retain 75 to 80 percent of their valu
Charter & Fractional

Aviace CEO says jet club partners in place

The board of directors of startup Swiss company Aviace confirmed on September 24 that Wilfried Koeck is its new CEO.
Charter & Fractional

It’s Tradition: New Airplanes, New NetJets Orders

It’s nearly as certain as death and taxes.
Regulations and Government

Fractional Rule Still Many Months Away

It will probably be another six months before the FAA issues its final rule to regulate fractional aircraft ownership operations under new Part 91 Subpart
Charter & Fractional

Piaggio Avanti picked for fractional startup

The final day of the NBAA convention in Orlando, Fla., last month opened to gray clouds and gathering rain.
Charter & Fractional

Operator Report: Pilatus PC-12

PlaneSense, the Manchester, N.H.-based fractional ownership provider launched in 1996 by parent company Alpha Flying, continues to expand.
Charter & Fractional

DayJet Scales Back after Failed Capital Infusion

Eclipse 500 air-taxi operator DayJet has “reduced its employee base across most areas of its business,” according to president and CEO Ed Iacobucci in a st
Charter & Fractional

Flight Options Pilot Union Seeks Mediation

On behalf of the approximately 575 Flight Options pilots, the International Brotherhood of Teamsters Local 1108 last week filed for mediation with the Nati
Charter & Fractional

The ‘third horse’ in the frax race isn’t losing any sleep

Competition in the fractional-ownership market is intense, and the players are constantly changing.
Charter & Fractional

Fractional Pilot Hiring Up 19 Percent from Last Year

The rate of pilot hiring this year by five major fractional aircraft ownership providers–CitationShares, Flexjet, Flight Options, NetJets and Corporate Air
Charter & Fractional

Charter, Fractional Safety Study Published

The fractional aircraft industry has been involved in just seven non-fatal accidents since 1986, the year that this segment of aviation is considered to ha
Charter & Fractional

New Company Promises Objective Fractional Data

A former marketing executive at fractional aircraft provider Bombardier Flexjet has established Fractional Insider, a company that he promises will provide
Charter & Fractional

Delta Awards its Frequent Charter Fliers

Passengers on Delta AirElite, the business-jet charter subsidiary of Delta Air Lines, can now earn frequent-flier segments that can be used on the company’
Charter & Fractional

European block charter gets a facelift

UK block-charter firm European Skytime has introduced a new “First Step” alternative to its Flight Commitment program.
Charter & Fractional

Flight Time’s fall gives wings to a new venture

Two former charter representatives from now-defunct Flight Time have risen from the ashes of their former jobs to found a new charter-brokering business.
Charter & Fractional

NetJets pilots seek independent union

The “Strong Union” leaders who helped NetJets pilots obtain an industry-leading contract three years ago resigned from the local representing the fractiona