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.

May 18, 2014 - 5:00am
L to r: George Galanopoulos, managing director of London Executive Aviation, an Airops user; with Daniel Tee, managing director of Airops; and PrivateFly CEO Adam Twidell, celebrate the cooperation between Airops and PrivateFly.

Airops Software has just released an upgraded version of its online charter price quoting tool, which is fully integrated with global booking platform PrivateFly, allowing operators to provide automatic charter quotes. “We are delighted to offer our registered operators this enhanced new business tool,” said Jonathan Tregoiing, general manager of Airops Software. “The alignment of both technologies makes excellent business sense for all concerned and we look forward to rolling this out.”

May 18, 2014 - 3:00am
Online charter marketplace Avinode recently enhanced its empty-leg feature to make it easier for users to combine trips to popular locations.

Out of the approximately 420,000 business jet flights in Europe last year, perhaps as many as 2,500 could have been eliminated, according to research by online charter market place and data provider Avinode (Booth 5134). While one of private aviation’s major value propositions is its broad routing network, which resulted in around 139,000 empty legs in Europe alone in 2013, the Göteborg, Sweden-based company believes that more efficient communication in the industry could reduce that number, especially between frequently linked city pairs.

May 15, 2014 - 2:40pm

Luxembourg-based business jet charter, maintenance and brokerage firm Luxaviation acquired London Executive Aviation (LEA) this week, making Luxaviation one of Europe’s largest business aviation groups. With a fleet of 26 aircraft, ranging from the Beechcraft King Air 200 to the Dassault Falcon 2000LX, LEA is the largest business aviation charter operator in the UK.

May 8, 2014 - 3:37pm

Demand for charter flights is set to rise over the next 30 days as the European and North American markets gear up for the traditionally busy northern hemisphere summer season, according to data from online charter portal Avinode.

May 8, 2014 - 3:15pm

A new European Commission regulation that takes effect on May 26 requires commercial air transport (CAT) operators from outside the European Union to obtain a single EU-wide safety authorization to fly to, from or within the EU. CAT operators comprise all non-EU airlines and charter operators, including U.S. Part 135 operations.

May 8, 2014 - 2:20pm

First-quarter revenues at NetJets and FlightSafety International soared by 12 percent and 14 percent, respectively, according to parent company Berkshire Hathaway. Higher revenues at NetJets reflected increased sales of fractional aircraft and flight services revenues due to increased flight hours, while FlightSafety’s increase was the result of increased simulator training activity. Quarterly revenues at its services businesses, which include NetJets and FSI, increased by $284 million, to $2.4 billion, while profits climbed by $34 million, to $243 million.

May 8, 2014 - 2:10pm

Business aircraft charter and management firm Elit’Avia received an aircraft operator certificate (AOC) from Transport Malta and has inducted three aircraft under this certificate. The company is now managing a Dassault Falcon 7X and Bombardier Global XRS and Challenger 605 on the Malta aircraft registry, the latter two of which are available for charter. The Falcon will initially be operated privately.

April 29, 2014 - 2:05pm

Mesinger Jet Sales has been selected to facilitate the Gulfstream and Learjet 60 fleet renewal for Abu Dhabi-based aircraft charter firm Royal Jet. Over the next two years, Royal Jet plans to replace three of its existing medevac and VIP aircraft. Mesinger Jet Sales will help Royal Jet with the acquisition of the newer aircraft, as well as disposal of the three older jets. Royal Jet said the fleet upgrade will “provide its VIP clients an improved experience and further expand its network.”

April 17, 2014 - 10:44am

Kansas City, Mo.-based fractional provider Executive AirShare saw its customer count rise last year by 50, to 185, a 37-percent increase. According to president and CEO Keith Plumb, the regional fractional provider–which serves shareowners in Kansas City; Wichita; Tulsa and Oklahoma City, Okla.; Dallas/Fort Worth, Houston, Austin and San Antonio, Texas; and Buffalo, N.Y–has “recorded four consecutive years of double-digit growth, achieved profitability and established a reputation for delivering the highest quality service.”

April 17, 2014 - 10:38am

India’s Invision Air has abandoned plans to build a wholly owned fleet of Embraer Phenom light jets, switching its business model to one based largely on aircraft management and a scheme to provide flights connecting smaller cities within the state of Maharashta. The Mumbai-based group originally intended to buy six Phenom 300s and six Phenom 100s.

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