Charter and Fractional » Charter

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

February 26, 2008 - 5:43am

Aviation industry experts believe that the FAA’s next operational control focus will be on Part 91 operators, specifically management companies that manage Part 91 aircraft for owners. However, the FAA didn’t respond to AIN’s queries about whether the agency is focusing on Part 91 operational control or if it is interested in writing new regulations covering aircraft management companies.

February 21, 2008 - 9:01am

Yesterday, the newly formed Air Charter Safety Foundation (ACSF) concluded its inaugural Air Charter Safety Symposium, which was held at the NTSB Training Center in Ashburn, Va. The goal was to host 50 to 60 attendees, according to ACSF chairman and Priester Aviation chairman and CEO Charlie Priester, but more than 110 attendees filled the auditorium at the NTSB center.

February 21, 2008 - 9:01am

Yesterday, the newly formed Air Charter Safety Foundation (ACSF) concluded its inaugural Air Charter Safety Symposium, which was held at the NTSB Training Center in Ashburn, Va. The goal was to host 50 to 60 attendees, according to ACSF chairman and Priester Aviation chairman and CEO Charlie Priester, but more than 110 attendees filled the auditorium at the NTSB center.

February 21, 2008 - 8:55am

Pogo Jet this week filed an amendment to its S-1 registration statement for an initial public offering of stock to finance the company’s entry into the very light jet air-taxi market. The filing indicates that Pogo expects to sell seven million shares of common stock at $12.50 to $16.50 per share, which would raise $87.5 to $115.5 million.

February 21, 2008 - 8:55am

Pogo Jet this week filed an amendment to its S-1 registration statement for an initial public offering of stock to finance the company’s entry into the very light jet air-taxi market. The filing indicates that Pogo expects to sell seven million shares of common stock at $12.50 to $16.50 per share, which would raise $87.5 to $115.5 million.

February 19, 2008 - 9:56am

London Biggin Hill Airport-based charter firm PlaneChartering, owner of the loss-making Club328 brand, has disbanded its Fairchild Dornier 328Jet and Hawker Beechcraft Premier Is and laid off 14 of its pilots. Meanwhile, PlaneChartering group CEO Paul Crowther is taking over from Club328’s CEO, Elaine Young, who is leaving. PlaneChartering acquired Southampton, UK-based Club328 from Corporate Jet Services in October.

February 19, 2008 - 9:56am

London Biggin Hill Airport-based charter firm PlaneChartering, owner of the loss-making Club328 brand, has disbanded its Fairchild Dornier 328Jet and Hawker Beechcraft Premier Is and laid off 14 of its pilots. Meanwhile, PlaneChartering group CEO Paul Crowther is taking over from Club328’s CEO, Elaine Young, who is leaving. PlaneChartering acquired Southampton, UK-based Club328 from Corporate Jet Services in October.

February 19, 2008 - 9:54am

At the Singapore Airshow today, new business jet operator BJets launched its block charter, fractional and aircraft management service with a massive $600 million order for 20 Cessna Citation CJ2+s and 20 Hawker 850XPs and 900XPs, to be delivered over the next five years. Another 10 Hawkers are on option. The value of the CJ2+ order is $150 million, while its firm order for 11 Hawker 900XPs and nine 850XPs is valued at $450 million.

February 19, 2008 - 9:54am

At the Singapore Airshow today, new business jet operator BJets launched its block charter, fractional and aircraft management service with a massive $600 million order for 20 Cessna Citation CJ2+s and 20 Hawker 850XPs and 900XPs, to be delivered over the next five years. Another 10 Hawkers are on option. The value of the CJ2+ order is $150 million, while its firm order for 11 Hawker 900XPs and nine 850XPs is valued at $450 million.

February 19, 2008 - 3:14am

New business jet operator BJets launched its block charter, fractional and aircraft management services at the air show yesterday with a $600 million order for 20 Cessna Citation CJ2+s and 20 Hawker 850XPs and 900XPs, scheduled for delivery over the next five years. It holds options for another 10 Hawkers. Majority owned by the Briley Group and a significant holding of India’s Tata Group, BJets will operate in India and Southeast Asia.

 
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