Charter and Fractional Fractional
News and issues concerning the fractional-ownership industry and markets, including company announcements, regulations, new developments and labor issues.
In a major management shake-up at fractional provider NetJets, company founder, chairman and CEO Richard Santulli on August 4 unexpectedly resigned, effect
In a seismic event for the business aviation industry, NetJets founder, chairman and CEO Richard Santulli yesterday resigned his position at the company, e
With certification of Embraer’s Phenom 300 expected before year-end, Flight Options released more details about its fractional ownership program for the ai
European fractional ownership provider Jet Republic is now trying to sell whole midsize business aircraft.
Even as other well-established and larger fractional ownership operations are quietly laying off employees and reducing aircraft delivery rates in response
Volo Aviation’s five FBOs are now official service providers for NetJets fractional-share flights and flights by NetJets affiliates.
Clearwater, Fla.-based fractional provider Avantair reported another quarter of positive EBITA profits in a difficult economic environment, putting the Pia
New European fractional ownership provider Jet Republic says it is capitalizing on the downturn in both air transport and business aviation.
Fractional provider NetJets and its pilots union–NJASAP, the NetJets Association of Shared Aircraft Pilots–have collaborated on a voluntary furlough-mitiga
Fractional aircraft providers have reshaped their marketing efforts to address the difficulty of trying to get customers to buy aircraft shares during a re