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.

NetJets Europe Gives Candid View of a Tough Market
November 1, 2012 - 6:00am

AIN asked NetJets Europe to comment on the market conditions that have led it to seek further cuts among its pilot workforce. The company responded with the following written answers:

Demand for private aviation is clearly proving slow to recover. What is your current projection for demand levels going into 2013 and 2014?
2012 Fractional & Charter Market Special Report - Part Two
November 1, 2012 - 6:00am

There is no question that charter and fractional providers remain a key part of the world’s general aviation infrastructure, accounting for a significant amount of flying activity. Charter operators worldwide, especially in the U.S., are enabling owners to earn some revenue to offset costs, thus extending the useful life of older aircraft.
NetsEurope Considers Workforce Reduction
November 1, 2012 - 4:10am

Anticipating several more years of suppressed demand for private aviation, NetJets Europe is seeking further voluntary redundancies from its pilot workforce. The fractional ownership and jet card provider is in consultation with its flight crews in the hope of avoiding compulsory layoffs, with some of the temporary payroll reduction measures it took in 2009 set to expire by the end of next year.
Argus Data Reflects Down Market
October 31, 2012 - 6:42pm

If past is prologue, expect an uptick in business aviation flight activity next March. That’s one of the conclusions drawn from an Argus Market Intelligence report released at the NBAA Convention. The report analyzes the last three years of the company’s TraqPak flight activity data, including its FlightView aircraft movement and JetNet aircraft ownership information.
Elliott Awarded STC for Mid-Continent Standby Attitude Module
October 31, 2012 - 6:40pm
Standby Attitude Module (SAM)

Elliott Aviation (Booth No. 1706) announced at NBAA’12 yesterday that it has received an STC for installation of Mid-Continent Instruments and Avionics’s new MD302 Standby Attitude Module (SAM). The compact 1.6-pound unit provides attitude, altitude, airspeed and slip information. Elliott plans to offer the compact $10,600 unit to buyers of its Garmin G1000 upgrade for King Air turboprops. The installation should go smoothly as Elliott also announced at the show the completion of its 75th King Air G1000 installation.
Charter Broker NPRM Details Discussed at NBAA 2012
October 31, 2012 - 4:25pm

The Air Charter Association of North America hosted an open forum yesterday at the NBAA Convention on the U.S. DOT’s impending notice of proposed rulemaking (NPRM) aimed at air charter brokers. The DOT has been developing the regulations to ensure transparency for air charter customers, but has delayed release of the NPRM. At the Acana forum, a panel of air charter experts provided an overview of what is and isn’t known about the rules that will be proposed.
Avinode Improves Charter Quote Search Engine
October 31, 2012 - 10:20am

Online charter portal Avinode (Booth No. 2120) has introduced an improved search engine to allow operators to generate price quotes more accurately and quickly. With new pricing and aircraft performance profiles built into the company’s Marketplace software, operators can run multiple pricing profiles for each aircraft by selecting variable factors specific to a charter request.

Avjet Add Aircell For Inflight Internet
October 31, 2012 - 10:20am

Inflight connectivity and services provider Aircell (Booth No. 510) announced that charter and management provider Avjet has passed the mid-point in a program to equip its charter fleet with Aircell’s Gogo Biz inflight Internet service.

Gogo Biz offers coverage over the continental U.S. and most of southeast Alaska above 10,000 feet. Data transfer rates of up to 3.1 mbps allow passengers and crew to access the Internet through personal Wi-Fi-enabled laptops, tablets, smartphones, electronic flight bags and other mobile devices.
TWC Offers Free Management for Jet Buyers
October 31, 2012 - 10:15am

Aircraft management, brokerage, charter and jet card provider TWC Aviation (Booth No. 5334) announced a new program providing six months of aircraft management at no charge for clients who purchase an aircraft through TWC.

Clay Lacy and Priester Form Alliance
October 29, 2012 - 8:20pm

Clay Lacy Aviation (Booth No. 2520) of Van Nuys, Calif. and Chicago’s Priester Aviation have announced a strategic alliance aimed at creating a nationwide service for management, charter, maintenance and all other aircraft services. Both companies will retain their independent brands while working to provide each other’s clients additional value wherever possible. Clay Lacy and Priester have a combined fleet of almost 100 managed aircraft throughout the U.S., 70 of them charter-ready.

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