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

EBACE 2011: Comlux Middle East and Saudia Private Aviation Sign Charter Agreement

Comlux Middle East and Saudia Private Aviation have signed an agreement for joint development of charter business opportunities in the Middle East.
Charter & Fractional

VistaJet Orders 18 Bombardier Jets Worth $383M

Swiss operator VistaJet today at EBACE announced a firm order for 18 Bombardier business jets, which will bring its fleet to more than 50 aircraft.
Charter & Fractional

Comlux Orders Orders First Batch of Embraer Bizjets

In a deal that could be worth up to $207 million, Comlux today at EBACE placed a firm order for three Embraer Legacy 650s, with options for four more.
Charter & Fractional

EBACE 2011: VistaJet Unveils Bombardier Global XRS with Tail Painted by Graffiti Artist Retna

Switzerland-based charter operator VistaJet here on Monday unveiled an unusual tail painting on one of its Bombardier Global XRS business jets–a work of ar
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Charter & Fractional

Comlux Makes Its First Embraer Buy at EBACE 2011

In a deal that could be worth up to $207 million, Comlux placed a firm order yesterday at EBACE for three Embraer Legacy 650s, with options for four more.
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Charter & Fractional

EBACE 2011: Mustang Charter Operator GlobeAir Announces 2011 Projections

Austrian light jet charter operator GlobeAir (Stand 2231) has undergone a major fleet expansion to become the world’s largest fleet operator of Cessna Cita
Charter & Fractional

EBACE 2011: ABS Jets and Avcon Jet To Open Embraer Line Maintenance Station in Kiev

Prague, Czech Republic-based ABS Jets (Stand 775) has announced the creation of a joint venture with Vienna, Austria-based Avcon Jet to open an Embraer lin
Charter & Fractional

EBACE 2011: German Charter Operator Vibro-Air Adds Citation CJ3 To Fleet

German operator Vibro-Air (Stand 843) recently added a Cessna Citation CJ3 to its charter fleet.
Charter & Fractional

Demand recovering but light jets and prices still squeezed

            The recovery in the private and business charter industry is continuing in Europe, but w
Charter & Fractional

EBACE 2011: Prague-based ABS Jets debuts Embraer Legacy 650 in Prague and Bratislava.

Prague-based business aviation group ABS Jets (Stand 775) debuted its new Embraer Legacy 650 aircraft to the Czech and Slovak markets during two open days
Charter & Fractional

EBACE 2011: Nexus Signs MOU for Flight Ops Center in Rwanda

Middle East-based flight operations group Nexus is moving into Africa with plans to establish a flight operations center (FOC) in the Rwandan capital Kigal
Charter & Fractional

Part 135 Segment Stalls, Drags Down Bizav Flying Stats

Business aircraft flight activity last month dipped by 0.4 percent from a year ago, due primarily to a steep drop in Part 135 turboprop and light jet flyin
Charter & Fractional

CitationAir Recalls All of Its Furloughed Pilots

CitationAir said yesterday that it has asked all of its remaining 32 pilots on furlough to return to work.
Charter & Fractional

Air Charter Demand Slips, but Pricing Stable

Projected air charter demand dipped slightly from last month, but this has had negligible impact on anticipated pricing levels, according to the latest for
Charter & Fractional

NATA: Contract pilot rule change an ‘emerging issue’

In yet another case of local interpretation of federal regulations, at the Long Beach, Calif., Flight Standards District Office (FSDO) FAA inspectors have
Charter & Fractional

NetJets under new leadership after Sokol resignation

On March 28, David Sokol resigned from his job as chairman of several Berkshire Hathaway-owned companies, including fractional-share provider NetJets.
Safety

ACSF Supports Single Charter Standard

The Air Charter Safety Foundation (ACSF) is trying to encourage charter and fractional operators to support the move to a single safety audit standard–its
Charter & Fractional

Jet Connections launches new shared use program

Business aircraft owners struggling to cover their costs now have an alternative to traditional aircraft management through the new Non-Equity Sharers (NES
Charter & Fractional

Avantair offers frax-share leasing

Avantair now offers leasing of fractional shares of Piaggio Avanti turboprops.
Charter & Fractional

Telemetry Data Could Reveal Why Gulfstream G650 Crashed

16:00 4-21-2011 As the investigation continues into the
Charter & Fractional

Lawsuit Seeks Sokol Remedy from Berkshire Hathaway

Berkshire Hathaway shareholder Mason Kirby filed a lawsuit on Monday against Berkshire Hathaway, company executives Warren Buffett and Charles Munger and o
Charter & Fractional

Fractional Share Sales Take Off at Flight Options

Cleveland-based Flight Options said it saw renewed interest in fractional share and jet card (JetPass) sales during the first quarter, noting that net shar
Charter & Fractional

Fractional Share Sales Take Off at Flight Options

Cleveland-based Flight Options today announced 467-percent and 46-percent year-over-year growth in fractional share and jet card (JetPass) sales, respectiv
Charter & Fractional

ACSF Seeks Support for Single Audit Safety Standard

ACSF Seeks Support for Single Audit Safety Standard The Air Charter Safety Foundation (ACSF) is trying to encourage charter and fractional operators
Charter & Fractional

Jet Connections Helps Business Aircraft Owners Share

Business aircraft owners struggling to cover their costs now have an alternative to traditional aircraft management through the new Non-Equity Sharers (NES
Charter & Fractional

Charter Demand Climbs but Prices Fluctuate

Despite charter flight demand continuing to rise over the past month, flight-hour rates have softened.
Charter & Fractional

NetJets Places First-ever Bombardier Order

by Matt Thurber NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement early last month for up to 1
Charter & Fractional

JetDirect Estate Seeks Chapter 7 Clawback

The bankruptcy trustee for debtors associated with JetDirect Aviation filed a complaint on February 20 that could force FBOs, charter operators, mai
Charter & Fractional

Sources Say NetJets To Thrive After Surprise Sokol Exit

Yesterday’s announcement that NetJets chairman and CEO David Sokol resigned from