News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Less than two months after completion of the sale of Raytheon Aircraft to the investment firms GS Capital Partners and Onex Partners for $3.3 billion, the
JetBird, the planned low-cost air charter service, caused quite a stir at the 2006 EBACE exhibition when it ordered 50 of Embraer’s Phenom 100 very light j
“Not everyone can or wants to own a private jet, and even the most affordable co-ownership or ad hoc chartering package is not always suitable,” Flying Gro
The Brotherhood of Teamsters, Local 1108, which represents pilots for fractional provider Flight Options, said this week that some pilots were fired for th
Block charter has evolved as the primary alternative to fractional ownership in Europe, with providers continuously vying to offer greater flexibility and
Breaking from its single-airplane fleet of Piaggio Avanti twin turboprops, Fairfield, N.J.-based fractional provider Avantair has added two new Beechcraft
It appears that the informational picketing by NetJets pilots, who are represented by the International Brotherhood of Teamsters Local 1108, is having the
Following a hard look at the recent series of air charter accidents, the National Air Transportation Association has taken steps to assist operators in imp
Fractional provider CitationShares yesterday announced three new programs for its customers–Preferred Positioning, Caribbean Express and Vector Value Plus.
At the request of the National Air Transportation Association, the FAA has suspended the August 31 date for Part 135 operators to comply with airworthiness
With a firm order for 10 Eclipse 500s and an option for 10 more, London, Ontario-based OurPlane becomes the first fractional customer for the very light je
While the fractional market continues to expand, shareholder growth is advancing at a slower rate, according to data from the Union Bank of Switzerland (UB
The International Finance Corporation (IFC), a member of the World Bank, is proposing to loan up to $15 million to assist in establishing an on-demand air-
Russian charter firm Jet2000 reached an agreement with Kaskol, Sokol and Myasischev, which jointly developed the M-101T Sokol (formerly Gzhel), to conduct