Avolar, the newly formed business aviation subsidiary of UAL Corp., reached an agreement with Airbus to market and/or manage, but not buy, up to 15 Airbus Corporate Jetliners under a program to be operated separately from Avolar’s fractional-ownership program for smaller business jets. Terms also permit Avolar customers to purchase an ACJ. The executive twinjets will be crewed by mainline United Airlines pilots. Additionally, United Services, a division of United Airlines, will provide maintenance for ACJ customers. The agreement will also allow customers to purchase an aircraft directly from Airbus and have it managed by Avolar.
Avolar to market, manage Airbus ACJs
- May 22, 2008, 5:17 AM