Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
At first glance, the fractional industry, like the alien menace in a sci-fi thriller, appears to be morphing into a menagerie of hybrids.
The concept of fractional ownership in the transportation industry is nearly half a millennium old.
Executive Jet Aviation owner and CEO Richard Santulli brought the fractional-ownership concept to the business aviation community in the mid-1980s.
According to Aviation Research Group/US (ARG/US) of Cincinnati, the great majority of fractional aircraft share owners are satisfied with their program and
UK charter operator London Executive Aviation (LEA) has opened a new base at Farnborough Airport, locating one of its two Cessna Citation Bravos there.
Per-seat, on-demand charter operator DayJet has added two primary “DayPort” and 14 secondary “DayStop” destinations to its network.
Air-taxi firm Linear Air in late June launched Eclipse 500 service in the greater New York City area.
Zurich, Switzerland-based VistaJet Holding on July 1 announced that it signed a definitive agreement to acquire Bombardier Aerospace’s Skyjet International