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
Special Report: Fractional Ownership
What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch
Charter & Fractional
Former rivals unite to form air-taxi network
At first it might seem like an odd couple: Don Burr, People Express founder and low-fare airline pioneer, and Bob Crandall, controversial megastar of Ameri
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Omni Aviacao seals a deal
Paris Le Bourget FBO and executive charter firm Aero Services has been bought by Portuguese general aviation group Omni Aviacão e Tecnologia.
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Frax operator expands program
OurPlane of London, Ontario, Canada, which has been marketing fractional shares in piston airplanes since 1998, recently introduced fractional programs for
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FRAX NPRM comments pushed to November 16
The FAA extended to November 16 the comment period on its notice of proposed rulemaking (NPRM) to regulate fractional aircraft ownership operations.
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Guaranteed charter rates rival frax and Jet Card
Executive Charter Services says its new guaranteed charter rates are significantly lower than the comparable rates for fractional and jet-card aircraft.
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Connect-A-Jet’s Claims Falling To Pieces
The Securities & Exchange Commission (SEC) has suspended the trading of Connect-A-Jet securities until October 12, due to alleged “deceptive practices” and
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Addison Express cleared in Learjet drug ring bust
No one connected with Texas charter operator Addison Express was arrested or otherwise implicated in connection with an early-August drug bust by federal a
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NetJets to operate block-charter aircraft
Recently established Marquis Jet Partners of New York City has purchased shares in several NetJets’ fractional-ownership aircraft and is marketing prepaid,
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Delta Airlines gets visible with Bizjet unit
Delta Airlines’ Comair Jet Express, hoping to expand its global presence as an on-demand charter and aircraft management provider, has changed its name to
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News Corp.’s Mark Booth Joins NetJets Europe
Executive Jet has named former communications and entertainment executive Mark Booth co-chairman of its NetJets Europe fractional aircraft ownership progra
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Jim Christiansen (Re)Joins Executive Jet
Executive Jet named Jim Christiansen vice president of national accounts for its NetJets fractional aircraft ownership program.
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Helo block charter program announced
Ceres Group of Davidson, N.C., has announced CopterShares, a by-the-hour helicopter membership program.
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In a sign of the times, charter firms go on buying sprees
Charter operator XOJet of San Carlos, Calif., announced with Cessna on Monday that it had ordered 30 Citation Xs worth $600 million.
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Flight Options negotiations continue
Flight Options pilots are only marginally closer to having a negotiated contract nearly a year-and-a-half after voting in a union.
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PlaneSense plots fleet growth selectively
PlaneSense is the world’s largest operator of PC-12s and, according to its president and CEO, George Antoniadis, it intends to hold the same ranking among
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NetJets Europe factoring carbon offsets into prices
NetJets Europe is building carbon-offsetting costs into its fractional ownership prices in a bid to become a carbon-neutral operation by 2012.
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New EJM boss has vision to double charter fleet size
Benjamin Murray has a vision for the future of Executive Jet Management (Booth No.
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TAG might sell AMI Jet Charter shares
AMI Jet Charter CEO Charles McLaren confirmed to AIN that TAG Holdings might be interested in selling some of its stake in the charter company.
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Pogo Jet charter service would use Eclipse 500s
Pogo Jet clarified plans to launch a charter service using Eclipse 500 very light jets in a registration statement for an initial public offering (IPO) sub
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Local Charter Operator Plans To Raise $18.2M
Cirrus SR-22 and soon-to-be Eclipse 500 charter operator ImagineAir, based at Gwinnett County Airport/ Briscoe Field in Georgia, announced the signing of a
Charter & Fractional
The Fractional Market Special Report
It’s been 21 years since Richard Santulli opened the doors of NetJets, having figured out a way to lower the barriers to entry to business aviation by sell
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CharterMatrix wants to sell empty-leg trips
Melbourne, Fla.-based CharterMatrix has targeted the empty-leg market with the launch of its updated Web site, which includes a map-search function, reques
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TAG USA Reports Continued Growth
TAG Aviation USA’s charter brokerage volume is up more than 10 percent over the past year, according to Paul Class, the company’s vice president of charter
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Avanti sells 22 Avanti IIs to frax firm Avantair
Italian aircraft manufacturer Piaggio Aero (Booth No.
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Book a charter flight through Skydini
Responding to what they perceived as a lack of organization and efficiency in the air charter booking process, flight dispatcher Janet Fenner and entrepren
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XOJet places $600M order for 30 Cessna Citation Xs
XOJet yesterday announced a $600 million order for 30 Citation Xs in an agreement with Cessna that will increase the charter operator’s fleet of the speedy
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NetJets Launches China Market Study
Al Pod, former president and CEO of NetJets subsidiary Executive Jet Management, has been named to conduct an examination of potential opportunities for Ne
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Virgin Charter plans program to rate charter operators
Virgin Charter (Booth 1228), a new full-service online marketplace from Sir Richard Branson bringing together buyers and sellers of private air travel, has
