Fractional Charter and Fractional
News and issues concerning the fractional-ownership industry and markets, including company announcements, regulations, new developments and labor issues.
New NetJets chairman and interim CEO David Sokol has begun making changes at NetJets Europe, appointing a new boss to run the business and implement job cu
Responding to the brave new world of recession-shaped business aviation, CitationShares last month in New York City unveiled a rebranding that sees the com
IBT 1108, the union representing Flight Options pilots, on October 19 said 90 percent of those voting in a strike-authorization vote approved a strike if t
The recession has dealt an enormous blow to the fractional share industry.
Teamsters Local 1108, the union representing some 500 pilots at fractional provider Flight Options, on September 21 mailed strike-authorization vote ballot
The UK Department for Transport (DfT) has been denying flight-permit applications by U.S.
Jet Republic, which last year announced a plan to buy up to 110 Bombardier Learjet 60XRs and <link 6&tx_ttnews[tt_news]=18865&cHash=7637736d14 _blank>launc
Before new fractional company Jet Republic declared insolvency late last month, lawyers for the firm were seeking to lift a legal injunction secured by est
Shortly before the departure of NetJets chairman and founder Richard Santulli, NetJets Europe achieved its goal of reducing flight crew capacity by 60,000
In a major management shake-up at fractional provider NetJets, company founder, chairman and CEO Richard Santulli on August 4 unexpectedly resigned, effect