Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Cleveland-based Flight Options said it saw renewed interest in fractional share and jet card (JetPass) sales during the first quarter, noting that net shar
Cleveland-based Flight Options today announced 467-percent and 46-percent year-over-year growth in fractional share and jet card (JetPass) sales, respectiv
<b>ACSF Seeks Support for Single Audit Safety Standard</b>
The Air Charter Safety Foundation (ACSF) is trying to encourage charter and fractional operators
Business aircraft owners struggling to cover their costs now have an alternative to traditional aircraft management through the new Non-Equity Sharers (NES
Despite charter flight demand continuing to rise over the past month, flight-hour rates have softened.
<b><i>by Matt Thurber</i></b>
NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement early last month for up to 1
Yesterday’s announcement that <link news/single-news-page/article/sokol-resigns-as-netjets-leader-29237/>NetJets chairman and CEO David Sokol resigned from
The bankruptcy trustee for debtors associated with <u>JetDirect Aviation</u> filed a complaint on February 20 that could force FBOs, charter operators, mai
Revenues at Berkshire Hathaway’s “other services” segment–which includes fractional jet provider NetJets and flight-training company FlightSafety Internati
David Sokol has resigned from his job as chairman of several Berkshire Hathaway-owned companies, including fractional-share provider NetJets.