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 Poised for a Profitable Year?
If Berkshire Hathaway’s first-quarter results are any indication, its NetJets subsidiary will record a profit this year, which would be a reversal from $80
Charter & Fractional
Jet Aviation Signs First Skylliance Partner
Executive Airlines of Barcelona, Spain, is the first company to join Skylliance, a new membership program for charter operators in Europe introduced by Swi
Charter & Fractional
More Operational Control Workshops Scheduled
Starting with a session next Tuesday in Van Nuys, Calif., the FAA has scheduled seven more briefings on its proposed guidance policy on air carrier operati
Charter & Fractional
Swiss Startup Orders 50 Embraer Phenom 100s
Zurich-based startup JetBird announced it ordered 50 Phenom 100s, a very light jet under development by Embraer, for a planned European on-demand air taxi
Charter & Fractional
Pogo Won’t Be Bouncing Anytime Soon
Very light jet air-taxi hopeful Pogo will likely “not launch operations before 2009,” according to company CEO and former American Airlines boss Robert Cra
Charter & Fractional
CharterX Acquires Wyvern, Launches New Service
CharterX, one of the largest online charter facilitators, disclosed today that it has acquired air charter audit firm Wyvern Consulting of Palmyra, N.J.
Charter & Fractional
Second Cease and Desist Order for Platinum Jet
Platinum Jet Management has been slapped with a cease and desist order for the second time since the Challenger overrun accident at Teterboro Airport on Fe
Charter & Fractional
NetJets Europe To Nest 24 Falcon 7Xs
NetJets Europe has placed a “historic” $1.1 billion order for 24 Dassault Falcon 7Xs scheduled for delivery between the first quarter of 2008 through 2014.
Charter & Fractional
Charter Broker Acquires Charter Operator
Global charter broker Air Partner has acquired UK executive charter operator Gold Air for $8.1 million.
Charter & Fractional
NetJets Mechanics Picket at NBAA
Members of the Teamsters union that represents mechanics, aircraft fuelers and other support personnel conducted what they called "informational picke
Charter & Fractional
Fractional Aims for ’Predictable’ Costs
CitationShares launched a program–Citelines–that it says offers “payment predictability, customized program options and cost savings never before seen in t
Charter & Fractional
ExpressJet moving into corporate charter
Houston-based regional airline ExpressJet announced here at NBAA’06 that it planned to open a new division to fly corporate charter services using 10 Embra
Charter & Fractional
Sixty-minute Manifest Notification Proposed
In a proposed rule issued Friday, the U.S.
Charter & Fractional
ARG/US Wins Injunction Against CharterX
A North Carolina judge issued an injunction recently against charter facilitator CharterX, its new Wyvern Consulting charter audit unit and a former ARG/US
Charter & Fractional
Now NetJets’ Mechanics Start Picketing
First it was NetJets’ pilots who picketed and finally got a new labor contract; now it’s the fractional’s mechanics and other support personnel who on Frid
Charter & Fractional
Wyvern Markets Audits Directly To Operators
After 15 years of auditing charter operators only at the behest of the companies or individuals who hire them, Wyvern Consulting, on Tuesday, announced tha
Charter & Fractional
Start-up Magnum Jet Orders Small Jets
Embraer today said Houston-based Magnum Jet has placed an order for 50 Phenom 100s, with options for another 50 Phenom 100s and/or 300s.
Charter & Fractional
Flight Options Raises the Stakes for Fractionals
Cleveland-based fractional provider Flight Options this morning launched Fractional First, which it describes as a “purchase and use program designed to de
Charter & Fractional
No WAAS Capability for Honeywell’s GNS-XLS
A recent notice sent to Honeywell GNS-XLS owners confirmed what many had suspected all along: due to hardware limitations, the flight management system wil
Charter & Fractional
FAA Pushes Ahead with New Charter OpSpec
The FAA is moving forward with a plan to release Charter Operations Specifications A008 (OpSpec 008) and associated guidance on August 31.
Charter & Fractional
After a decade, Flexjet is firmly in the black
As recently as four years ago, some observers openly questioned whether Bombardier’s Flexjet fractional ownership operation would still be around in 2006.
Charter & Fractional
Delay Likely for Runway Margin Requirement
The FAA is expected to push back “a few weeks” the implementation dates for the 15-percent runway safety margin requirement.
Charter & Fractional
Alphabets React to FAA Landing Distance Policy
NBAA and the National Air Transportation Association (NATA) expressed concern about the FAA’s June notice requiring the addition of a 15-percent landing-di
Charter & Fractional
Fractional Ownership: Frax market blues
More than 20 years ago, fractional jet ownership began with NetJets and then expanded rapidly in the late 1990s with the growth of Raytheon Travel Air and
Charter & Fractional
Runway Margin Op Specs Still in Draft
The FAA had planned to deliver Operations Specifications C082 on calculating new landing-distance safety margins by June 30, but it is still in a
Charter & Fractional
NetJets Financial Winds Shift Favorably
The nine-month-old NetJets pilot contract, which raised wages substantially, isn’t having the speculated adverse effect on profits at the fractional provid
Charter & Fractional
Avanti Deliveries Can’t Keep Up with Demand
Piaggio shipped only three Avantis in the first nine months of this year, hardly enough to keep up with demand, particularly from one of the OEM’s largest
Charter & Fractional
Air Partner strikes gold with Gold Air
Global charter broker Air Partner International has acquired UK executive charter operator Gold Air for around $8.1 million.
Charter & Fractional
Hunt & Palmer moves into Asia
Charter broker Hunt & Palmer has opened a new office in Hong Kong.
