Charter & Fractional

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

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European firm introduces advance-charter blocks

Users of business-aircraft charter who prefer to purchase travel in advance now have another option that the service’s provider claims is different from ot

Charter & Fractional

October 3, 2007

NetJets Is the Name, Frax Is the Game

NetJets aircraft will fly 300,000 occupied hours this year, chairman and CEO Richard Santulli told reporters during ceremonies in Columbus, Ohio, to announ

Charter & Fractional

October 3, 2007

Fractional provider signs for 29 Avantis

Piaggio Aero Industries, which emerged from bankruptcy five years ago and has gradually stopped bleeding red ink, last month received a record order valued

Charter & Fractional

October 3, 2007

Southeast Regional Fractional Program Launched

AeroShares, a new company based at St.

Charter & Fractional

October 3, 2007

Eclipse chief stands by VLJ air-limo concept

As Albuquerque, N.M.-based Eclipse prepares to fly a Pratt & Whitney Canada PW610-powered Eclipse 500 later this year, company founder and CEO Vern Raburn

Charter & Fractional

October 3, 2007

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

October 3, 2007

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

Charter & Fractional

October 2, 2007

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.

Charter & Fractional

October 2, 2007

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

Charter & Fractional

October 2, 2007

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.

Charter & Fractional

October 2, 2007

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.

Charter & Fractional

October 2, 2007

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

Charter & Fractional

October 2, 2007

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

Charter & Fractional

October 2, 2007

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,

Charter & Fractional

October 2, 2007

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

Charter & Fractional

October 2, 2007

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

Charter & Fractional

October 2, 2007