Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Auditing firms want to clarify the difference between audited charter operators and those for which they provide information only.
Any sale of the company would be expected to produce a price substantially above its $1.4 billion market capitalization.
Indian regulations mean that charter operators have to go through an additional approval stage to participate in the Regional Connectivity Scheme.
ACASS offers a range of services including aircraft sales, delivery, management support and flight crew sourcing.
Avinode has introduced improvements to its TripManager software to make it easier for brokers to prepare charter quotes and manage travel plans.
FET being imposed on management fees would amount to double-taxation on aircraft owners, according to NATA.
Company will offer up to 10 seats aboard a Gulfstream G450 or G550 flown between the two cities by “established” U.S. charter operators.
The charter company received its worldwide operations specifications and the "10 or more" passenger approval.
It will have a presence in “key locations” in Africa, Asia-Pacific, the Caribbean, Europe, the Americas and the Middle East.
The charter operator's scheduled service between Santa Monica, San Jose and Carlsbad, Calif., has been delayed.