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.
Wheels Up currently operates in three zones in the U.S., the Northeast, Southeast and Southwest.
Combined, the companies have 470 employees and 90 aircraft across five European operating companies.
Projected demand in Europe will rise by between 93 and 157 points, with the strongest aircraft category likely to be midsize business jets.
Authorization is single process for all operators flying to the 28 EU states, EU overseas territories and the four European Free Trade Association states.
NetJets revenues reflected increased sales of fractional aircraft, while FlightSafety’s increase was thanks to increased simulator training activity.
Elit’Avia has a fleet of 15 aircraft that serves clients worldwide.
Mesinger Jet Sales will help Royal Jet with the acquisition of the newer aircraft, as well as disposal of the three older jets.
Fractional expects this year to be even better based on its first-quarter growth during what is normally the company’s slowest season of the year.
Company is evaluating other aircraft for the new services it intends to operate within the state of Maharashtra in the west of India.
Requests for charter flight price quotes have been growing in China by more than 20 percent annually.