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
VistaJet Sees Continued Demand Growth
VistaJet hours, memberships surge in 2023's first-half
Charter & Fractional
Lower 2Q Revenues, Higher Losses at Wheels Up
Wheels Up lost 50 cents on the dollar in the second quarter
Charter & Fractional
Sino Jet Orders 100 Aerofugia eVTOLs
Tiltrotor to operate alongside its business jet fleet
Environment
Ryan Aviation Partners with 4Air on Carbon Offsets
Collaboration also includes sustainable practices
Charter & Fractional
Wheels Up Remains Atop U.S. Operator Pack by Flight Hours
Company logged 70,258 hours in first half
Charter & Fractional
NetJets, FlightSafety Revenues Climb 13.2% in 1H
Earnings also soared by $181M in period
Safety
Tradewind Aviation's SMS Receives FAA Approval
FAA signoff places Tradewind among few operators.
Charter & Fractional
Wheels Up Gets Financial Lifeline, Explores Options
Options include Airshare buying aircraft management business
Cabin Interior and Electronics
Air Charter Expo at Biggin Hill Set for Record Attendance
Exhibit space almost sold out
Environment
DynoFlight Simplifies Carbon Removal Credit Purchases
Offsets fund direct extraction of carbon dioxide
Charter & Fractional
Jet.AI Says CharterGPT App Will Boost Flight Bookings
AI app uses natural voice processing
Maintenance and Modifications
Flexjet Boosts MRO Capabilities with Flying Colours Purchase
The move enhances Flexjet's global fleet maintenance footprint
Charter & Fractional
Volato To Go Public with SPAC Proof Acquisition Corp
Volato and Proof Acquisition Corp. plan to go public
Charter & Fractional
Elite Jets Ups Maintenance and Long-range Flight Operations
Based at Naples Airport, Elite Jets is now approved to provide maintenance on the Embraer Phenom 300 and Legacy 500.
Charter & Fractional
JetASAP: Hourly Air Charter Flight Prices Rose in June
Aircraft Charter Marketplace JetASAP Reports That Hourly Prices Increased in June
Charter & Fractional
Air Charter Association Grows U.S. Membership
U.S. charter operators and other industry players are now the second-largest national group in the industry accreditation body after the UK.
Aircraft
U.S. Charter Operator Orders SkyDrive's eVTOL Air Taxi
South Carolina-based Austin Aviation has committed to buying five of the three-seat eVTOL from Japan's SkyDrive, which also logged new sales in Vietnam.
Charter & Fractional
Airavat Aviation Begins Air Charter Operations from Dubai
Airavat Aviation has launched charter flight operations from Dubai's Al Maktoum International Airport with two Hawker 4000s and looks to expand its fleet.
Charter & Fractional
Emirates Launches Regional Charter with Phenom 100s
The post-Covid period has seen interest in bizjet charter increase in the Middle East.
Charter & Fractional
Priester Acquiring Hill's Aircraft Charter Management Group
Priester Aviation is adding a presence on the U.S. East Coast with the acquisition of Hill Aircraft's Atlanta-based businesses.
Charter & Fractional
Paramount Adds $1M Deposit Tier for Jet Card Customers
Deposit tiers for the Paramount Private Membership Jet Card now range from $100,000 to $1 million.
Charter & Fractional
Clay Lacy Aviation Expands Charter Fleet
Over the past year Clay Lacy Aviation has added nine aircraft to its Part 135 certificate.
Accidents
Nepal Helicopter Crash Claims Six Lives Near Mt Everest
An Airbus H125 rotorcraft operated by Manang Air crashed on a sightseeing flight near Mount Everest.
Charter & Fractional
Victor Says Airlines Should Offer Voluntary SAF Purchases
One in five customers booking charter flights through Victor now pays for sustainable aviation fuel to reduce the carbon footprint of their trips.
Charter & Fractional
Is DayJet Staging a Comeback?
Former DayJet co-founder Nancy Iacobucci is attempting to relaunch per-seat, on-demand service in the U.S. Southeast.
Charter & Fractional
Wheels Up Sues FlyExclusive over Contract Dispute
Wheels Up claims FlyExclusive illegally terminated an agreement to provide supplemental lift.
Charter & Fractional
Aviation Coalition Urges Caution on Part 380 Changes
NBAA, NATA, HAI, and others groups are concerned that an economic dispute over a Part 380 application is threatening the use of the economic authority.
Charter & Fractional
Discounting, Debt, Deficits Plague Select Private Jet Programs
Analyst thinks post-Covid financial contagion will continue to affect private jet operators.
Charter & Fractional
Wheels Up Increases Pay Packages for Executives
Wheels Up's acting CEO gets $150,000 raise, more generous incentives.
Charter & Fractional
Heli SGI Signs To Be Indonesian AW09 Launch Customer
The Bali charter operator could add up to 15 of Leonardo's new single-engine helicopter to its currently all-Bell fleet.
