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 Web Site Sets Sights on Empty Legs
Melbourne, Fla.-based CharterMatrix has targeted the empty-leg market with the launch of an updated Web site, which includes a map-search function, request
Charter & Fractional
Online charter broker attracts SEC scrutiny
The Securities and Exchange Commission (SEC) suspended the trading of Connect-A-Jet securities for 11 days last month, from October 1 to October 12, due to
Charter & Fractional
California To Tax Fractional Flights
A law recently approved by the California State Assembly would assess all fractional ownership flights in the state with personal property taxes, according
Charter & Fractional
JetAviva Launches Eclipse 500 Service
Van Nuys, Calif.-based JetAviva, which bills itself as the “first exclusive” very light jet (VLJ) management company, launched its Eclipse 500 management s
Charter & Fractional
Bankrupt AEXjet Ceases Operations
Aspen, Colo.-based AEXjet ceased operations for two weeks last month while the transactions for entering into a “business combination” with an unidentified
Charter & Fractional
Sentient: TAG Purchase Includes AMI Jet Charter
When Sentient Flight Group announced last week that it plans to buy TAG Aviation USA, it didn’t clarify whether this included AMI Jet Charter, 49 percent o
Charter & Fractional
AMI certificate revocation spooks charter industry
AMI Jet Charter’s trouble with the FAA didn’t start on October 12, when the agency revoked AMI’s charter certificate, nor the week before, when it suspende
Charter & Fractional
Sentient Flight Group acquires two more charter divisions
On October 23, Sentient Flight Group purchased Hawker Beechcraft’s charter/management business.
Charter & Fractional
Raytheon To Divest Flight Options
Waltham, Mass.-based Raytheon is selling Flight Options, its Cleveland-based business aircraft fractional share division.
Charter & Fractional
Raytheon To Divest Flight Options
Waltham, Mass.-based Raytheon, during its third-quarter earnings conference this morning, announced its decision to sell Flight Options, its Cleveland-base
Charter & Fractional
Sentient Buy Shows FAA Succeeds in Erasing AMI Jet Charter
Sentient Flight Group announced yesterday that it has agreed “in principle” to buy TAG Aviation USA’s aircraft management business from Switzerland-based T
Charter & Fractional
Private Jet Membership Provider Sentient Sold
Sentient, a leading provider of business aircraft transportation through membership block charter, was purchased last month from CSFB Private Equity by TH
Charter & Fractional
Raytheon records flight options losses
“We are now starting, with the first quarter, to record 100 percent of Flight Options’ losses since we have been meeting all its financial requirements as
Charter & Fractional
CitationShares Boasts of All-RVSM Fleet
CitationShares, the fractional aircraft ownership venture between Cessna and TAG Aviation USA, claims to be the first fractional operator whose aircraft ar
Charter & Fractional
Aviation Industry Reacts To AMI’s Part 135 Revocation
The aviation industry is beginning to react to the FAA’s October 4 suspension and then last Friday’s revocation of AMI Jet Charter’s Part 135 certificate,
Charter & Fractional
Delta AirElite launches block-charter program
Delta AirElite, which has operated an aircraft management and charter service since 1991 when it was still Comair Jet Express, took a step toward further e
Charter & Fractional
AMI Problems Began with DOT Consent Order
AMI Jet Charter had problems with the U.S.
Charter & Fractional
Flexjet Asia-Pacific turns one; continued growth expected
Marking the first anniversary of the launch of its Hong Kong-based business aircraft charter network last month, Bombardier Flexjet Asia-Pacific believes i
Charter & Fractional
OEMs reeling from frax airplane order retreat
When Richard Santulli sold three fractional shares in a business aircraft in 1986, people snickered.
Charter & Fractional
FAA Revokes AMI Jet Charter’s 135 Certificate
Last night, the FAA revoked the charter certificate of AMI Jet Charter in a letter hand-delivered to AMI president Don Hitch.
Charter & Fractional
Sentient is finding its stride in membership block charter
Sentient, launched four years ago as a business aviation charter broker, is now second only to fractional-ownership giant NetJets in the number of business
Charter & Fractional
Michael McQuay Named to Lead Flexjet
Bombardier Aerospace promoted Michael McQuay to president of its Flexjet fractional operation headquartered in Dallas.
Charter & Fractional
New Flight Options CEO brings Raytheon closer
In a move that appeared to bring Raytheon a step closer to concluding its intention to take control of the operations of fractional jet provider Flight Opt
Charter & Fractional
Longest cabin on the ramp
The McDonnell Douglas MD-83 on the EBACE static ramp was the newest addition to the charter fleet of Vienna, Austria-based Jetalliance.
Charter & Fractional
FAA Refuses To Discuss AMI Suspension/A008 Issues
Despite repeated requests from AIN, the FAA said that no officials would conduct any interviews about last week’s emergency suspension of AMI Jet Ch
Charter & Fractional
Very Light Jet Management Service Takes Off
Van Nuys-based JetAviva, which bills itself as the “first exclusive” very light jet (VLJ) management company, launched its Eclipse 500 management service t
Charter & Fractional
AMI Jet Appeals Emergency Suspension to NTSB
Last night, AMI Jet Charter submitted a petition for review to the NTSB’s law
Charter & Fractional
Survey reveals optimism, more competition in Euro charter
The European executive charter market is becoming more and more competitive, and the majority of operators and brokers expect demand to increase over the n
Charter & Fractional
Charter Industry Silent about AMI Jet’s FAA Suspension
The consequences of the FAA’s emergency suspension of AMI Jet Charter’s Part 135 certificate last week are not yet immediately apparent.
