Fractional Charter and Fractional
News and issues concerning the fractional-ownership industry and markets, including company announcements, regulations, new developments and labor issues.
Four months after John Nahill, former v-p of corporate strategy and development at Raytheon Co., took charge of Flight Options from its founder and then ch
The growth of fractional aircraft share sales has cooled recently, reflected by delayed and canceled orders for new aircraft by fractional providers (<em><
Watch for the FAA this month, at long last, to publish revisions to Part 91, including the new Subpart K for regulating fractional operations.
Bombardier’s Flexjet Asia executive charter network is expected to begin operations during the second quarter.
Ohio-based Flight Options in late May closed its maintenance facility at Cleveland Cuyahoga Airport and dismissed about 200 employees, 68 of whom were pilo
National Air Transportation Association (NATA) president James Coyne last month criticized the FAA for issuing another emergency suspension order for a Par
Charter provider ExcelAire has added another Embraer Legacy 600, bringing to three the Long Island, N.Y.-based company’s fleet of the Brazilian-built jets
JetLimited, the new fractional aircraft ownership program from Rifton Aviation, believes it sets itself apart from other regional and national frax program
Avolar, the budding stand-alone fractional business jet division of UAL Corp., stepped up its launch effort last month with a pair of new aircraft orders–d
The 843 pilots hired by six major fractional aircraft ownership companies in the first nine months of this year were about 30 percent fewer than the 1,210