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 Middle East charter market has seen slower charter growth than other parts of the world over the past two years.
Santulli is best known as the father of the fractional jet industry.
SPA could ultimately be privatized
Global Jet Capital is seeing more interest in leasing business aircraft.
Jet Aviation’s Dubai MRO has received approval for G550 and G650 maintenance, and IS-BAH registration for 11 FBOs.
Incoming Royal Jet CEO to leverage assets and prioritize safety, service excellence; says Saudi market size only 20pc bigger than UAE’s.
The company will use Embraer Legacy 650s on these JetShuttle flights, which are offered on a per-seat basis to JetSmarter members.
Athens-based operator is looking for more aircraft management opportunities, but is looking for larger jets, quality customers.
GCAA is cautious on single-engine turboprop commercial operations, but MEBAA is supportive.
With the regional market slow, and with sharply declining valuations, Empire Aviation Group is looking further afield to grow the business.