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
NetJets buying up to 50 Horizons–again
Raytheon Aircraft last month reached a “tentative agreement” for NetJets to purchase up to 50 Hawker Horizons for its fractional aircraft fleet.
Charter & Fractional
Avantair Frax continues in growth mode
Avantair, the fractional operator flying an all-Piaggio Avanti fleet, took delivery last month of its 16th copy of the Italian-built twin-turboprop pusher.
Charter & Fractional
California firm selling shares in Eclipse 500
Westlake Village, Calif.-based Jet Alliance claims to be the first company to offer fractional shares in the Eclipse 500 very light jet.
Charter & Fractional
Insurer presents Jet Aviation with safety award
Jet Aviation, the aviation services company founded in Switzerland in 1967, was recently singled out for a prestigious safety award by its insurer, AIG Avi
Charter & Fractional
NetJets places $360 million Hawker order
Fractional operator NetJets announced an order late last month for 50 Hawker 400XPs and eight midsize Hawker 800XPs, a deal valued in excess of $360 millio
Charter & Fractional
Cessna evaluates NetJets cancellation
A day after news of the NetJets order for 50 Hawker 400XPs, Cessna Aircraft parent company Textron announced that it expects no financial impact from the f
Charter & Fractional
Subpart K Seminars Resume This Month
This month NBAA continues a series of seminars on Part 91 Subpart K, the new rule that regulates fractional operations.
Charter & Fractional
Air Luxor now provides bizav services as Masterjet
Portugal’s Air Luxor group has restructured most of its business aviation activities under a new subsidiary called Masterjet.
Charter & Fractional
Frax Pilot Hiring at Record Low, Report Shows
In the first 11 months of last year, the four largest fractional aircraft operators hired just 186 pilots, compared with 997 in the same time frame in 2002
Charter & Fractional
Flight Options Puts First Legacy Into Operation
Four Embraer Legacy Executive twinjets have joined Cleveland-based fractional operator Flight Options to provide owners with a large-cabin aircraft to supp
Charter & Fractional
Indian charter firm predicts bizav growth
Indian executive charter firm Deccan Aviation, based in Bangalore, is evaluating aircraft from Gulfstream, Bombardier and Cessna with a view to adding up t
Charter & Fractional
Passur program helps FBOs but could irk operators
A small company that began life by providing collision-avoidance hardware to the U.S.
Charter & Fractional
New rules challenging for charter operators
In part because of a high-profile charter crash at Teterboro Airport (TEB) early in 2005 and several other accidents involving responsibility for operation
Charter & Fractional
College Guidelines Recommend Against Charter
In response to a four-year old NTSB safety recommendation stemming from the Jan.
Charter & Fractional
Christiansen is new president of NetJets
Long-time business aviation leader Jim Christiansen might be feeling a little déjà vu after his appointment last month as president of NetJets Aviation in
Charter & Fractional
NetJets Europe pilots less enamored of union
NetJets Europe pilots have yet to form their planned trade union and now there are signs that the movement to do so might be losing momentum as flight crew
Charter & Fractional
Fractional Pilot Hires Fall in 2006
The five major fractional operators fell short of AIR’s projected pilot hiring levels last year, according to statistics prepared by the Atlanta-based avia
Charter & Fractional
Double Your Pleasure, Double Your Jets
NetJets has doubled its order for new Hawkers.
Charter & Fractional
TAG Aviation Introduces Jet Card
San Francisco-based charter sales firm TAG Aviation USA formally launched its JetCard at the NBAA Convention last week.
Charter & Fractional
NetJets Finalizes Deal To Buy 50 Hawker 4000s
Following up on a tentative agreement reached nearly nine months ago, Raytheon Aircraft and NetJets signed a contract for the purchase of 50 Hawker 4000s (
Charter & Fractional
TSA Developing Security Program for Fractionals
In a November 22 letter to the European Civil Aviation Conference (ECAC), the Transportation Security Administration said it has “begun the process of deve
Charter & Fractional
Another Flight Options Beechjet Dual Flameout
A Flight Options Beechjet 400A (N691TA) yesterday afternoon experienced a dual-engine flameout en route from Indianapolis International Airport to Marco Is
Charter & Fractional
Comments Due Friday on FAA’s Wet-lease Guidance
November 25 is the comment deadline for FAA’s proposed guidance on business aircraft wet leases.
Charter & Fractional
DOT Takes Action Against Darby Aviation
Another penalty has been assessed against Darby Aviation, one of several operators involved in the crash of a Challenger 600 at Teterboro Airport, N.J., on
Charter & Fractional
Delta’s AirElite Growing, but Faces Possible Sale
Although declining from providing revenue figures, Delta AirElite president and CEO Michael Green said the Cincinnati-based charter and management company
Charter & Fractional
CitationShares Ups Fractional Pilot-pay Ante
CitationShares v-p of flight operations and chief pilot J.D.
Charter & Fractional
Raytheon Buys Remaining Shares of Flight Options
On Thursday, Raytheon closed an agreement with minority shareholders Brantley Partners, Brantley Capital and Monitor Clipper Equity Partners to purchase th
Charter & Fractional
UK Charter Bails Out AvCraft Aerospace
Bankrupt regional aircraft manufacturer Avcraft Aerospace has been bought by UK Corporate Jet Services, parent company of Southampton-based executive chart
Charter & Fractional
Charter Arranger Buys Charter Operator
Dallas-based Gold Jets, which provides aircraft management and arranges charter flights via an online auction process, has purchased charter operator New W
