Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Revenues at NetJets jumped 5 percent thanks to higher aircraft sales, but profits fell in part due to costs of a contract signing bonuses for its pilots.
Newly designated group will assist in the acquisition of aircraft for current and future clients.
The re-establishment of scheduled service between the U.S. and Cuba signals possible further easing of travel restrictions.
Australian company has a fleet of eight aircraft now under management in the Asia Pacific region.
Opening is the first of several planned Flexjet-exclusive private terminals at airports where the fractional provider experiences the greatest demand.
Flights are offered from 16 gateway airports in the U.S.
Luxaviation has rapidly grown its business aviation services group in locations, including the Asia Pacific region.
The Baltic Air Charter Association commissioned a study of its membership, finding two-thirds of its 220 members operate 719 aircraft.
Ethiopian Airlines is preparing a business plan for operating a fleet of business aircraft in Africa.
The 10-year-old on-demand charter provider also is investing in fleet refurbishment and improvements to its digital platforms.