Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
The world’s largest private aviation carrier received its AOC from China’s civil aviation authority.
Revenue rose by 23 percent, “reflecting stronger charter demand and growth in the company’s aircraft management revenues.”
Airlines and charter companies do not see eye to eye on regional policy.
Air charter demand in Europe and North America is set to soften, but overall levels of demand are ahead of this time last year.
Charter broker Avinode expects traffic in Russia to ramp up in the coming years.
CEOs in region predominantly use corporate jets for business travel, but they are also starting to fly them more for leisure purposes.
Wyvern brokers are committed to having a safety program as part of their organization.
This authorization is the first step needed to gain full authority for paperless cockpits.
Rich Bjelkevig, who founded the turboprop and jet charter firm in 1993, will continue serving as the company’s president.