Charter and Fractional Market Special Report: Part Two of Two
In last month’s issue of AIN, in Part 1 of the charter/fractional special report, we covered the current state of the charter and fractional share segments, both in the U.S. and worldwide.
For Part 2 of this special report, the AIN team digs deeper into the issues facing charter operators and the air-taxi industry.
These include the ever-problematic illegal charter issue, both in the U.S. and internationally, and the effects this has on legitimate charter operators, reported by international editor Charles Alcock and AIN contributor James Wynbrandt.
The U.S. Department of Transportation has been promising new rules covering charter brokers for the past four years, and in an update by James Wynbrandt, we learn that new regulations are expected to be released shortly.
Fractional share operators, with their large fleets and consequently large pools of pilots, have led the business aviation industry in dealing with unionized workforces. AIN senior editor Chad Trautvetter has been following the fractional unions for many years and offers insights on their current activities.
Former AIN senior editor Gordon Gilbert has been analyzing safety statistics and provides an update on the worldwide charter safety situation.
A key issue for many charter operators is the FAA’s recent change of heart regarding initial pilot training for new-hire and contract pilots. While the FAA says that it is considering new guidance, operators tell AIN that no relief is in sight and that this policy change is causing them to spend thousands of dollars on redundant and unnecessary retraining, according to an update by Matt Thurber.
AIN also examines the effort to encourage charter operators to embrace a single industry audit standard, similar to the airlines’ system. But not all operators agree that a single standard is needed.
And finally, last year’s spate of natural and man-made disasters reminds us once again of the critical role that charter operators and brokers play in helping move people to safety quickly and reliably, a subject ably covered by James Wynbrandt.