Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Texas company specializes in aircraft charter management and aircraft maintenance.
After launching a successful corporate shuttle service, the Portland, Maine-based company is considering other shuttle opportunities.
The company delevloped the Wingman Standard in 1994 to establish air charter aviation safety parameters that exceeded regulations.
The airport unveiled its new helicopter shuttle direct to the heart of London.
DPJ's New Ownership Assist program brought in 12 aircraft since its launch last June.
NetJets is poised to become the first U.S. fractional aircraft operator implement FOQA program, which uses flight recorder data to improve safety.
The court "invalidated the more than $500 million of assessments, penalties and interest the IRS was attempting to collect from NetJets."
Fraudulent charters, nonexistent airplanes and thousands of dollars of absconded funds serve as a warning to watch out for potential scammers.
It experienced a 25-percent surge in year-over-year sales, to $214 million, and the $178 million in revenues for the year was a 17-percent bump over 2013.
Company says “adapting the traditional brokerage model” with new web technology willl “enhance our customers’ experience.”