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| Charters and Fractionals |
VistaJet Buys Skyjet International
August 01, 2008
Zurich, Switzerland-based VistaJet Holding on July 1 announced that it signed a definitive agreement to acquire Bombardier Aerospace’s Skyjet International, a “global business jet charter service,” for an undisclosed amount. Skyjet has offices in London, Hong Kong and Dubai. According to VistaJet, the deal propels the charter firm to the number-two position...
moreLinear Air Launches NYC Service
August 01, 2008
Air-taxi firm Linear Air in late June launched Eclipse 500 service in the greater New York City area. Linear Air’s aircraft is based at Westchester County Airport in White Plains, N.Y., but will be serving major and regional airports throughout the tri-state region, as well as the Northeast and mid-Atlantic. The Concord, Mass.-based company currently...
moreOperators: steep decline in demand for charter
August 01, 2008
The U.S. charter market is undergoing wrenching change due to a sudden drop in activity, according to charter operators and industry observers. Although charter activity varies by location, “most people are telling me [that business has dropped] about 15 percent,” said James Coyne, president of the National Air Transportation Association (NATA), which...
moreEAS Adds Phenom 100s to Fractional Fleet
August 01, 2008
Central U.S. regional fractional provider Executive AirShare (EAS) last month signed an agreement to acquire 18 Embraer Phenom 100 delivery slots from Clearwater, Fla.-based Avantair, which offers shares in Piaggio Avantis. EAS also has an option to buy Avantair’s two remaining Phenom 100 positions. EAS now has firm orders for 28 Embraer Phenom 100s and...
moreDayJet Expands DayPorts and DayStops
August 01, 2008
Per-seat, on-demand charter operator DayJet has added two primary “DayPort” and 14 secondary “DayStop” destinations to its network. DayJet now offers access to more than 60 airports in the southeast U.S. The two new DayPorts are in Orlando and St. Petersburg-Clearwater, Fla. New DayStops are in South and North Carolina, Georgia, Alabama, Mississippi and...
moreSentient Restructuring Amid Financial Turbulence
July 29, 2008
Organizationally troubled Sentient Flight Group will be undergoing a restructuring, only a few weeks after the Weymouth, Mass.-based charter operator and management firm announced that company chairman Gregory Campbell would be replacing Steve Hankin as CEO. In a company-wide e-mail sent this week, Campbell told employees that the charter and aircraft...
moreRicci Back in Left Seat at Flight Options
July 22, 2008
Cleveland-based fractional provider Flight Options yesterday named Kenn Ricci chairman and Mike Silvestro CEO, replacing former CEO S. Michael Scheeringa. The move had been rumored for weeks and might be only the beginning of more management changes at the company, according to several industry sources. Ricci returns to Flight Options 10 years after...
moreLufthansa’s Swiss Invests in Business Aviation
July 22, 2008
Lufthansa subsidiary Swiss International Airlines on Thursday took over Zurich-based Servair Private Charter for an undisclosed amount and said it will integrate the company into a new business unit called Swiss Private Aviation. The Servair staff of eight have been transferred to Swiss, as well as an undisclosed number of aircraft management contracts. Out...
moreFAA Grant Funds Illegal Charter Hotline
July 22, 2008
The FAA has provided grant money to fund a hotline for charter operators to report “suspected illegal commercial activity,” according to the National Air Transportation Association, which is administering the system. The hotline–(888) 759-3581–is designed for employees or agents of Part 135 charter certificate holders to report activities that they suspect...
moreCharter Industry Changes May Have Significant Effects
July 08, 2008
Charter volume is dropping significantly in some markets, according to information provided to AIN by charter industry insiders. Recent increases in the size of the business aviation fleet are contributing to this problem, said William Quinn Jr., chairman of Aviation Management Systems in Portsmouth, N.H. “If the demand stays the same or even grows just a...
moreNetJets Pilots Break from IBT, Choose In-house Union
July 03, 2008
NetJets pilots this week overwhelmingly voted to switch union representation from the International Brotherhood of Teamsters to the NetJets Association of Shared Aircraft Pilots (NJASAP), an in-house group. The final results, released on Tuesday evening, show that of the 81.7 percent of eligible NetJets pilots who participated in the vote, 97.7 percent...
moreVistaJet Signs To Buy Bombardier Skyjet
July 01, 2008
Zurich, Switzerland-based VistaJet Holding today announced that it has signed a definitive agreement to acquire Bombardier Aerospace’s Skyjet International, a “global business jet charter service,” for an undisclosed amount. Skyjet has offices in London, Hong Kong and Dubai. According to VistaJet, the deal propels the charter firm to the number-two position...
moreAvantair Sells Phenom Positions To Executive AirShare
July 01, 2008
Central U.S. regional fractional provider Executive AirShare (EAS) last week signed an agreement to acquire 18 Embraer Phenom 100 delivery slots from Clearwater, Fla.-based Avantair, which offers shares in Piaggio Avanti twin turboprops. EAS also has an option to buy Avantair’s two remaining Phenom 100 positions. The move ends Avantair’s plans for the 20...
moreFeathers ruffled at NATA summit
July 01, 2008
ARG/US is publicly disputing claims made at the NATA Air Charter Summit last month by the Air Charter Safety Foundation (ACSF) about its new industry audit standard. Russ Lawton, director of safety management for ACSF, said the group had “very strong participation” from organizations such as Wyvern and ARG/US in creating the ACSF’s new standard and worked...
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