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Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Latest
Private-equity Firms Increase Stake in Flight Options
Directional Capital and Resilience Capital Partners have increased their financial stake in fractional-share operator Flight Options and now own a majority
Charter & Fractional
March 31, 2009
Charter firm nears deal with new buyer
The plan by JDA Acquisition Company (JDAAC) to buy the assets of charter/management firm JetDirect Aviation is expected to reach fruition by April 7.
Charter & Fractional
March 30, 2009
Charter jet card specializes in Asian market
Asia Jet Partners Limited of Hong Kong has developed its Chartercard program designed specifically for Asia.
Charter & Fractional
March 30, 2009
Socata Unveils TBM sharing Plan
Daher Socata launched a TBM 850 co-ownership program dubbed “Fly And Share your TBM” (Fast), with guaranteed operational availability for owner-pilots.
Charter & Fractional
March 30, 2009
Videos
More Articles
Air Partner Sees Charter Sales Slip
Half-year financial results published on March 25 by charter broker Air Partner confirm the widespread perception that the business aircraft charter sector
Charter & Fractional
March 30, 2009
Charter safety group focuses on audits and SMS
The Air Charter Safety Foundation (ACSF) took center stage at the second annual NATA Air Charter Safety Symposium, held last month at the NTSB Training Cen
Charter & Fractional
March 30, 2009
Ricci and Partners Raise Their Stake in Flight Options
Directional Capital, an investment firm led by Flight Options chairman Kenn Ricci, private-equity firm Resilience Capital Partners and “key members” of the
Charter & Fractional
March 26, 2009
Air Partner: ‘Shockwaves’ Have Hit Bizav Industry
Half-year financial results published yesterday by charter broker Air Partner confirm the widespread perception that the business aircraft charter sector h
Charter & Fractional
March 26, 2009
Get Ready, SMS Is Coming
In February, the FAA chartered a safety management system (SMS) aviation rulemaking committee
Charter & Fractional
March 25, 2009
ARG/US: Flight Activity Data Shows Ray of Hope
According to ARG/US TRAQPak data, business aircraft flight activity increased 28.55 percent last month over January, possibly indicating early signs of rec
Charter & Fractional
March 19, 2009
JetDirect Finalizes Asset Purchase Agreement
On Monday, JetDirect Aviation and JDA Acquisition Company (JDAAC) solidified an agreement for JDAAC’s purchase of JetDirect’s assets.
Charter & Fractional
March 19, 2009
JetDirect Puts Second Subsidiary Into Bankruptcy
JetDirect Aviation has now placed two of its subsidiary companies into bankruptcy.
Charter & Fractional
March 12, 2009
JetDirect Puts Second Subsidiary Into Bankruptcy
JetDirect Aviation has now placed two of its subsidiary companies into bankruptcy.
Charter & Fractional
March 12, 2009
Platinum Jet Principals, Employees Plead Not Guilty
Two of the six people arrested and charged in connection with the 2005 Platinum Jet Management Challenger 600 crash at Teterboro (N.J.) Airport entered not
Accidents
March 10, 2009
Charter Broker Svensen in Legal Hot Water
The U.S.
Charter & Fractional
March 5, 2009
Berkshire Hathaway: FlightSafety Up, NetJets Down
Revenues at Berkshire Hathaway’s services group–which includes fractional provider NetJets and flight-training provider FlightSafety International–were $8.
Charter & Fractional
March 4, 2009
XOJet Reports Year-over-year Revenue Increase
Despite the recession, XOJet has reported strong year-over-year increases in revenue, flight hours and customers.
Charter & Fractional
February 27, 2009
Ab Initio Pilots Join NetJets Europe
The first nine new pilots to complete NetJets Europe’s ab initio training program joined the company’s flight-crew roster in November and December, followi
Charter & Fractional
February 27, 2009
NetJets Europe buying airport near Frankfurt
NetJets Europe has agreed to acquire Egelsbach Airport near Frankfurt, Germany’s financial center, for an undisclosed sum.
Charter & Fractional
February 27, 2009
Platinum Jet execs indicted in Teterboro crash
Four years after a Challenger 600 operated by Platinum Jet Management crashed on takeoff from Teterboro Airport, resulting in a major FAA investigation of
Charter & Fractional
February 27, 2009
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