Charter and Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
ClipperJet Services is launching member flights between Los Angeles and New York City in Gulfstream IVs.
Agency says that lack of a policy “has led to a wide range of inconsistencies with respect to individual course approvals.”
Status comes after proving compliance, via an on-site audit, with “a recognized set of industry best practices.”
It predicts 3.5-percent year-over-year growth in charter flights in the U.S. next year.
Proposal would affect operators with fewer than three aircraft in their fleet.
Company is also adding more aircraft and opening bases in the Western U.S. and Europe.
Beijing-based company now has a fleet of 85 aircraft based in Beijing, Shanghai, Hong Kong, U.S., Dubai and Moscow.
The company has been launched with an initial $2 billion fund with the backing of three investment firms.
Flexjet will focus on newer aircraft while Flight Options will go back to its roots as the ‘value fractional.'
Qatar signed a memorandum of understanding today for up to 20 Gulfstreams, while Flexjet placed an order for 50 aircraft, including options.