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.

August 21, 2014 - 2:55pm

Online business jet charter broker JetCharters.com has seen a “significant increase” in its business in the first half of this year, with 61 percent more visitors and trip requests through its website. “The majority of our increased business is coming from our concentrated efforts to promote the service through a variety of search engine marketing, social media campaigns and other ad placements,” said company president Robert Hart.

August 19, 2014 - 3:10pm

Air charter broker Sentient Jet is seeing a “resurgence” in both business and leisure travel, the company announced today. In the first five months of this year, corporate travel (Monday through Wednesday) increased 10 percent year-over-year, while leisure travel (Friday through Sunday) jumped 17 percent, according to the company. For the upcoming Labor Day weekend, private jet bookings are up 37 percent over last year and 289 percent above 2012, it noted.

August 14, 2014 - 3:50pm

Textron Aviation confirmed to AIN that it will terminate flight operations at its former fractional and charter/management operation, CitationAir, on October 31. The move comes 2.5 years after CitationAir stopped selling fractional shares in new aircraft and ceased renewals for current fractional-share customers in February 2012, saying at that time it would instead focus on its jet card and aircraft management products. The company is now abandoning even that modest plan.

August 12, 2014 - 2:59pm

Surf Air placed an order for up to 65 Pilatus PC-12 NG turboprop singles–15 firm and 50 options–worth an estimated $312 million, the company told AIN. It has also raised another $8 million in funding, for a total of $17 million. Deliveries of the new PC-12s begin in October, with three planned this year and nine next year.

August 12, 2014 - 2:55pm

NetJets subsidiary NetJets China successfully completed proving runs in China, the fourth phase in the process to receive an air operator certificate (AOC) from the Civil Aviation Administration of China. The proving runs were conducted just over a week ago in two Hawker 800s that will be the first aircraft in the NetJets China fleet.

August 7, 2014 - 2:40pm

Demand for charter flights in Europe looks set to increase steeply over the remainder of the continent’s peak summer vacation season, according to the latest projections from online charter portal Avinode.

August 7, 2014 - 2:25pm

Revenue at Berkshire Hathaway’s service business, which includes NetJets and FlightSafety International, rose by $507 million, to $4.9 billion, during the first half of the year, while profits climbed by $72 million, to $605 million. NetJets accounted for nearly a third of this revenue increase, thanks to higher flight services revenue attributable to more flight hours, as well as better rates and product mix changes. FlightSafety’s revenue also climbed due to increased simulator training activity.

August 7, 2014 - 2:00pm

Delta Private Jets (DPJ) said that the guaranteed-income aircraft management program, Ownership Assist, it introduced in early June has been well received by customers. In fact, the company signed agreements for five new aircraft that are entering the fleet through this program, two of which have just been added to the managed fleet. Meanwhile, DPJ also continues to see increased demand, especially for its jet card.

August 6, 2014 - 12:20am

Fifteen years after inventing the jet card, which simplifies the purchase of a block of charter hours, Sentient Jet sees no slowdown in demand for the product it pioneered. “We’re having a great year,” said Sentient president Andrew Collins. “In many respects it feels a lot like stuff we’ve been talking about is coming to fruition.”

August 5, 2014 - 2:45pm

Aircraft charter and management firm ExecuJet Charter Service, which is based at Tampa (Fla.) International Airport, is celebrating its 20-year anniversary this month. Since its founding in 1994, the company has flown more than 16 million incident- and accident-free miles worldwide on its fleet that currently includes a Dassault Falcon 900B, three Hawker 800XPs, an IAI Westwind and a Blackhawk conversion Beechcraft King Air B200. The company said it has supported, and continues to support, several charities since its inception, including St.

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