UK-based executive aircraft charter broker Air Partner has reported a dip in business during the first five weeks of the second quarter of its current financial year. The December 10 statement from the publicly traded group suggests that charter market conditions have been declining significantly as last year drew to a close, in the wake of what it described as “further deterioration in the global economic climate.”
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.
BAA Jet Management has taken delivery of its first managed Airbus, an A318 Elite narrowbody bizliner, making the Hong Kong-based company the first in Asia to operate the executive version of the A318 single-aisle airliner. The 18-passenger Elite is also the first A318 to be registered in the People’s Republic of China and is based in Shenzhen, where it is available for charter.
Per-seat, on-demand very light jet (VLJ) air-taxi firm DayJet on November 14 filed for Chapter 7 bankruptcy (liquidation), just four days after company founder Ed Iacobucci expressed doubt at a VLJ air-taxi conference (see page 40) that the Boca Raton, Fla.-based charter operator would be resurrected.
Comlux Aviation is set to further boost its standing as the world’s largest operator of Airbus corporate and VIP aircraft with the announcement of another new order here at the MEBA show today. At the same time, the Swiss-based group has been expanding its business aviation services portfolio by increasing its cabin completions capability.
DayJet’s future is still uncertain and will be a “fundamentally different business” if operations resume, according to DayJet chairman Ed Iacobucci, one of the keynote speakers at the Aviation Week VLJ forum that kicked off today in West Palm Beach, Fla. The company ceased operations on September 19, less than a year after its launch, but is still seeking investors and plans to restructure and modify its goals, Iacobucci said.
When you buy a seat on a commercial flight, the choice of airline can matter less than the departure and arrival times. But when you book a charter flight, picking the operator is the most important decision you can make. The wrong choice can cost you lots of time and money, or even create safety risks.
Over the past few years executive charter brokers complained that there were not enough suitable aircraft available in the Middle East to meet the spiraling demand for private flying. But with each passing month, more new jets are flocking to this part of the world, boosting the fleets of local operators and correcting the supply/demand imbalance.
Some say that once you’ve tried business or private aviation you will never want to go back to the airlines. That may well be true, but this very special mode of transportation can still seem quite a strange and confusing choice, especially in parts of the world like here in the Middle East where, until fairly recently, it has been restricted to very small groups of top VVIPs.
Petaluma, Calif.-based Sunset Aviation is now operating as a standalone subsidiary of JetDirect Aviation, which acquired the light jet and turboprop operator last year. JetDirect will continue to offer business support, sales and marketing services, but Sunset will operate as an independent Part 135 air carrier, with Sunset founder Dan Drohan serving as president and CEO, according to JetDirect senior vice president of marketing Gil Wolin.
SwiftJet, an aspiring air taxi operator in Canada, has placed an order for five single-engine Diamond D-Jets, along with options for 10 more. Deliveries are scheduled
to begin in 2010, making SwiftJet the first charter customer in Canada slated to take delivery of a D-Jet.