Charter & Fractional

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Jan 29, 2015 - 11:39 AM
NetJets is poised to become the first U.S. fractional aircraft operator implement FOQA program, which uses flight recorder data to improve safety.
Jan 28, 2015 - 4:25 AM
The court "invalidated the more than $500 million of assessments, penalties and interest the IRS was attempting to collect from NetJets."
Jan 22, 2015 - 1:26 PM
Fraudulent charters, nonexistent airplanes and thousands of dollars of absconded funds serve as a warning to watch out for potential scammers.
Jan 22, 2015 - 11:22 AM
It experienced a 25-percent surge in year-over-year sales, to $214 million, and the $178 million in revenues for the year was a 17-percent bump over 2013.
Jan 22, 2015 - 10:17 AM
Company says “adapting the traditional brokerage model” with new web technology willl “enhance our customers’ experience.”
Jan 15, 2015 - 11:09 AM
Document addresses contract language, payments, agency relationships, waivers of subrogation, flight irregularities and cancellation, among other things.
Jan 15, 2015 - 10:25 AM
The private aviation membership program is set to firm up options for more aircraft in the next few months.
Jan 13, 2015 - 4:52 PM
Charter portal Avinode serves the needs of charter operators and brokers, but not buyers of charter services.
Jan 13, 2015 - 11:39 AM
Company plans to raise up to $9 million in growth capital early this year for U.S. expansion, marketing and technology developments.
Jan 12, 2015 - 3:39 PM
Santa Ana, Calif.-based STAjets is one of only 125 Platinum safety-rated aircraft charter operators.