Charter and Fractional » Charter

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

October 1, 2013 - 7:47am
Hangar8 has built a fleet of more than 50 aircraft and is expanding its geographical footprint by pursuing opportunities in emerging markets. Founder and CEO Dustin Dryden believes that industry rationalization has been a force for good in improving the business aviation sector.

Over the half dozen years since the unwelcome intervention of the 2008/09 financial crisis, the aircraft management and charter market has not been a business for the faint-hearted. Tough trading conditions have served up challenges and opportunities in equal measure, laying the groundwork for the classic “survival of the fittest” story line in which the stronger players are able to turn their struggling competitors’ misfortune to their advantage.

October 1, 2013 - 4:19am

Private aircraft catering is trapped in the 1990s, according to VistaJet founder and chairman Thomas Flohr. His frustration has prompted him to forge an alliance with high-end restaurant group Nobu to offer a special menu for VistaJet clients. For now, the Nobu meals are available only on flights out of London, Dubai and Los Angeles, but the operator is working to add the option for other cities where Nobu has restaurants.

“We’re looking at what is happening in the rest of the world so that we can bring it to aviation,” said Flohr. “This is what makes my life exciting.”

October 1, 2013 - 4:17am

VistaJet’s audacious deal with Bombardier to buy up to 142 new aircraft raised some industry eyebrows last year, in part because it seemed to signal a massive escalation of a fleet that currently consists of just 37 jets. But fleet replacement is a big part of a company business plan founded on operating only young aircraft still covered by the manufacturer’s warranty. The average age of its aircraft now stands at less than two years.

October 1, 2013 - 4:15am
VistaJet chairman Thomas Flohr (left) has re-evaluated his stance on partnerships and turned to Wheels Up led by Kenny Dichter (center), to market his company’s Flight Solutions Program services in the U.S. An initial batch of 12 Bombardier Globals will be operated in the U.S. for VistaJet by Jet Aviation’s Flight Services division under the direction of vice president and general manager Don Haloburdo.

VistaJet is moving into the U.S. private lift market with a new alliance with Jet Aviation Flight Services, which is to operate a fleet of 12 Bombardier Globals on its behalf. The Europe-based group has made clear its intention to target former and current fractional ownership clients in building its North American client base. Under the terms of an agreement announced on September 6 in New York City, the Europe-based private flight provider also is teaming with start-up membership-based program Wheels Up to market VistaJet’s Flight Solutions Program (FSP) to customers in the U.S.

September 26, 2013 - 3:03pm

Sentient Jet’s private jet travel and jet card sales continue to grow year-over-year, reaching levels not seen since before the onset of the financial crisis in 2008, the company said yesterday. “We started to see a sharp increase in jet card sales at the beginning of the year–a trend that continued throughout the summer,” said Sentient Jet president Andrew Collins.

September 19, 2013 - 1:45pm

Membership-based private aviation start-up Wheels Up unveiled the exterior livery for its planned fleet of Beechcraft King Air 350i turboprops. France’s Happy Design Studio devised the blue-and-white paint scheme for the New York-based company in just 15 days. Wheels Up placed firm orders and options on 105 King Air 350is last month and expects deliveries to begin next month.

September 17, 2013 - 3:00pm

The managing director of Aerojet Corporate–the Lyon, France-based executive charter operator caught with 1,500 pounds of cocaine aboard a Falcon 50 in March in the Dominican Republic–has been imprisoned. Pierre Dreyfus and a freelance pilot, Fabrice Alcaud, are now jailed in France, according to Lyon daily newspaper Le Progrès.

September 12, 2013 - 9:15am

Russian customers continue to rank among the world’s most prolific uses of private air charter services, according to UK-based charter brokering group Hunt & Palmer. According to Tatiana Chernyavskaya, the company’s business development manager for Russia, they can be demanding clients eager to strike a good deal for charter but can also be big spenders, with a willingness to pay premium rates to fly long-haul to destinations such as the Seychelles and the Maldives.

September 6, 2013 - 2:05pm

VistaJet is moving into the U.S. private-lift market with a new alliance with Jet Aviation Flight Services, which is to operate a fleet of 12 Bombardier Globals on its behalf. The Europe-based private lift provider made clear its intention to target former and current fractional ownership clients in building its North American client base.

September 6, 2013 - 7:00am

VistaJet is moving into the U.S. private lift market with an unexpected new alliance with Jet Aviation Flight Services, which is to operate a fleet of 12 Bombardier Globals on its behalf. Under the terms of an agreement announced this morning in New York City, the Europe-based private flight provider is also teaming with start-up membership-based program Wheels Up to market VistaJet’s Flight Solutions Program (FSP) to customers in the U.S.

 
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