Charter and Fractional » Charter

News and issues concerning the aviation charter industry and markets, including company announcements, regulations, new developments and labor issues.

May 22, 2013 - 12:15pm

Users of the Air Charter Guide will notice a complete redesign of the publication, starting with the June edition. The worldwide guide to charter operators now appears alphabetically by country, rather than regionally. Maps within each section have undergone a redesign and a complete worldwide index of operators will make the information much easier for subscribers to navigate. The two-column format throughout, once reserved for Metro sections, makes the directory more readable.

May 22, 2013 - 11:45am

Ljubljana, Slovenia-based charter and management firm Elit’Avia (Booth 1047) is exhibiting at EBACE for the first time. In addition, one each of the company’s super-midsize Challenger 300s and large-cabin Challenger 605s are on display at Bombardier’s static area.

May 22, 2013 - 11:30am
AirClub London Executive Aviation

AirClub, the alliance of operators that aims to establish a global air charter network, announced at EBACE another step toward that goal, signing London Executive Aviation (LEA) as its first member in the UK and ninth overall.

May 22, 2013 - 11:15am

Air charter marketplace specialist Avinode (Booth 1047) has launched Avinode Trip Manager, a new “sales management system” designed for air charter brokers. “It gives members the ability to manage all sales-related tasks–not only flight sourcing–in a completely integrated online environment,” said Oliver King, managing director of the Gothenburg, Sweden-based company.

May 22, 2013 - 1:00am

The economic slump in Europe hasn’t slowed the growth of Austria’s GlobeAir, the air taxi operator that launched operations in 2008 with a pair of Citation Mustangs. During an EBACE briefing, GlobeAir CEO Bernhard Fragner reported a profit of €200,000 ($260,000) last year and projected further positive results for 2013.

May 21, 2013 - 2:30pm
VistaJet

VistaJet’s bullish expansion plans have long turned the heads of more conventional charter sector rivals suspicious of how well-founded its business plan would prove to be in a sector that has struggled to regain profitability since the ravages of the financial crisis.

May 21, 2013 - 1:59pm

VistaJet is enrolling 50 Bombardier Global 5000s and 6000s in Jet Support Services Inc.’s (JSSI) Platinum engine and APU hourly-cost maintenance program. Under the more than $205 million agreement JSSI will support VistaJets’ Rolls-Royce BR710A2-20 engines and Honeywell RE220 APUs on its Bombardier Globals. The Platinum program covers scheduled and unscheduled maintenance, rental engines, supplemental lift, engine removal and replacement and shipping. Besides driving down maintenance costs, the program also provides budget stability, JSSI said.

May 21, 2013 - 1:45pm

Charter/management provider ExcelAire announced during EBACE that it has received approval to operate its five Embraer Legacy 600s into London City Airport (LCY). Located in the heart of London, LCY is the closest and most convenient airport for easy access to London’s financial district.

May 21, 2013 - 4:15am

Unsurprisingly, considering the wave of further bad economic news from the sunnier parts of the Eurozone, chartered business jet departures from southern European cities dropped far more steeply over this part winter than in northern Europe. New charter data prepared by online charter portal Avinode exclusively for AIN shows departures out of southern Europe dipping below 10,000 in January 2013. This was almost 1,000 below the total for the same period last year and a big drop from the almost 20,000 departures seen in July 2012.

May 21, 2013 - 4:00am
Chris Leach Air Charter Service

During the first quarter of this year, Air Charter Service saw overall growth of 12 percent, with 20 percent year-over-year growth in its executive jet division. The London-based charter brokerage was founded in 1990 by chairman Chris Leach and now includes 17 offices on five continents. Annual revenue is more than $420 million.

 
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