Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Hong Kong-based business jet operator and maintenance provider partnered with Shanghai Junhua Property Co. to enhance its presence in mainland China.
VistaJet owns all of its airplanes and believes there are big opportunities for expansion of the China charter market.
Upon the transaction’s approval, the China Minsheng Investment subsidiary will acquire 35 percent of the joint venture.
The company, which specializes in aviation services, has expanded its offerings to include super yachts.
The operator now has firm orders for five Global 6000s.
Unnamed buyer is upgrading from a large-cabin business jet.
After the purchase of Asia Jet by Hongkong Jet, the two companies will still be run as separate entities.
VistaJet’s 60-airplane business jet charter fleet averages less than two years old.
The Kansas City company offers a fresh way to fly a business aircraft fractional-share.
The new light single helicopters will be used by PT Whitesky for air-taxi operations throughout Indonesia and its more than 14,000 islands.