Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Competition in the fractional-ownership market is intense, and the players are constantly changing.
On behalf of the approximately 575 Flight Options pilots, the International Brotherhood of Teamsters Local 1108 last week filed for mediation with the Nati
Eclipse 500 air-taxi operator DayJet has “reduced its employee base across most areas of its business,” according to president and CEO Ed Iacobucci in a st
PlaneSense, the Manchester, N.H.-based fractional ownership provider launched in 1996 by parent company Alpha Flying, continues to expand.
The final day of the NBAA convention in Orlando, Fla., last month opened to gray clouds and gathering rain.
It will probably be another six months before the FAA issues its final rule to regulate fractional aircraft ownership operations under new Part 91 Subpart
It’s nearly as certain as death and taxes.
The board of directors of startup Swiss company Aviace confirmed on September 24 that Wilfried Koeck is its new CEO.
Fractional aircraft owners who were assured five years ago–when business aviation was booming–that their shares would retain 75 to 80 percent of their valu
Two former charter representatives from now-defunct Flight Time have risen from the ashes of their former jobs to found a new charter-brokering business.