Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Avolar, a stand-alone subsidiary of UAL Corp.
“Business has been very strong, but for all the wrong reasons,” said aircraft purchase broker Drew Callen, president of Boston JetSearch, which is based at
Executive Jet named Jim Christiansen vice president of national accounts for its NetJets fractional aircraft ownership program.
Executive Jet has named former communications and entertainment executive Mark Booth co-chairman of its NetJets Europe fractional aircraft ownership progra
Delta Airlines’ Comair Jet Express, hoping to expand its global presence as an on-demand charter and aircraft management provider, has changed its name to
Recently established Marquis Jet Partners of New York City has purchased shares in several NetJets’ fractional-ownership aircraft and is marketing prepaid,
No one connected with Texas charter operator Addison Express was arrested or otherwise implicated in connection with an early-August drug bust by federal a
The Securities & Exchange Commission (SEC) has suspended the trading of Connect-A-Jet securities until October 12, due to alleged “deceptive practices” and
Executive Charter Services says its new guaranteed charter rates are significantly lower than the comparable rates for fractional and jet-card aircraft.
The FAA extended to November 16 the comment period on its notice of proposed rulemaking (NPRM) to regulate fractional aircraft ownership operations.