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CitationShares is now CitationAir by Cessna

November 02, 2009

Responding to the brave new world of recession-shaped business aviation, CitationShares last month in New York City unveiled a rebranding that sees the company change its name to CitationAir by Cessna and promote the scope of its offerings beyond the fractional operation it has been since its founding in 2000 as a joint venture between Cessna and...

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Special Report: Charter Meltdown

November 01, 2009

The charter segment has been hit particularly hard during this downturn, as the number of flights dropped drastically from year-ago levels. Flight activity has recently begun to show minor increases, but in many cases the downturn has shone a light on other challenges with which the industry must contend.

'Special Report: Charter Meltdown' PDF

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Connor takes over at NetJets Europe

November 01, 2009

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 cuts at its headquarters. Eric Connor has been appointed the new CEO and chairman of NetJets Europe following the October 4 resignation of CEO William Kelly “to pursue his own interests.” Connor will...

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Virgin Charter Shuts Down

November 01, 2009

Online charter broker Virgin Charter stopped “active operations” on October 23, according to a company statement. “With the severe decline in corporate travel, Virgin Charter was unable to generate sufficient sales to underpin its business plan and has taken the difficult decision to close its doors.” Sir Richard Branson’s Virgin USA launched Virgin Charter...

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SATSair ‘Temporarily’ Ceases Operations

November 01, 2009

Greenville, S.C.-based Cirrus SR22 air taxi firm SATSair “temporarily” shut down operations on October 23 “due to circumstances,” according to a recording on the company’s voicemail. The company has not said when service will restart.

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Manhattan operator halts service

November 01, 2009

New York’s only scheduled helicopter shuttle service is no more, at least for now. U.S. Helicopter abruptly suspended scheduled and charter operations in September after three-and-a-half years of providing scheduled shuttle service between the Downtown Manhattan Heliport (Wall Street) or the East 34th Street Heliport and either Newark Liberty or Kennedy...

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Manhattan operator halts service

November 01, 2009

New York’s only scheduled helicopter shuttle service is no more, at least for now. U.S. Helicopter abruptly suspended scheduled and charter operations in September after three-and-a-half years of providing scheduled shuttle service between the Downtown Manhattan Heliport (Wall Street) or the East 34th Street Heliport and either Newark Liberty or Kennedy...

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Flight Options Pilots Authorize Strike

November 01, 2009

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 they are released for self help. Union officials and Flight Options management were to meet late last month for the final round of National Mediation Board-led negotiations on an initial contract. If no...

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Air Partner Private Jets Logs $4M Loss

November 01, 2009

The Private Jets division of charter broker Air Partner suffered a £2.5 million ($3.9 million) loss in its fiscal year that ended on July 31. Overall, the UK-based group saw profits before tax fall 57 percent to £4 million ($6.4 million) on sales that were 23 percent down at £194.3 million ($309 million). In its financial results, Air Partner reported that...

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Virgin Charter Closed Due to Insufficient Sales

October 27, 2009

Online charter broker Virgin Charter stopped “active operations” on Friday according to a company statement. “With the severe decline in corporate travel, Virgin Charter was unable to generate sufficient sales to underpin its business plan and has taken the difficult decision to close its doors.” Sir Richard Branson’s Virgin USA launched Virgin Charter in...

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CharterX, CTA link flight and ops systems

October 22, 2009

CharterX Wyvern and Computing Technologies for Aviation (CTA) announced the launch of FlightPortal with FOSLink at NBAA. Charlottesville, Va.-based CTA’s Flight Operating System (FOS) is a flight and operations management software system. CharterX, based in Trenton, N.J., operates a Web-based air-charter marketplace. FOSLink allows flight departments and...

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Marquis Jet sees demand on rebound

October 22, 2009

Marquis Jet’s Randy Brandoff said his jet card company is well positioned to take advantage of the shifting sands of the corporate jet market. Brandoff, the newly appointed executive vice president and chief marketing officer for Marquis Jet (Booth No. 291), said the company’s business is down slightly for the year, but demand is actually on the rebound....

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Flight Options opts for Aircell’s high-speed Internet systems

October 22, 2009

Flight Options plans to equip most of its fleet of fractionally owned business jets with Aircell’s high-speed Internet system, a decision that will give the company’s aircraft owners and jet card customers in-flight Wi-Fi access anywhere over the continental U.S.

The first installations are due to begin later this year and continue through 2011. Flight...

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Flexjet offers airlift solutions

October 22, 2009

Flexjet, Bombardier Aerospace’s fractional-share program, announced a reconfigured product offering at NBAA, with an emphasis on its ability to offer supplemental lift and other aviation solutions to corporate flight departments.  Though fractional programs have experienced declining revenues during the past year as owners have cut back on aircraft...

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Charter

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Fractionals

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NetJets Europe Halfway to...
CitationShares is now CitationAir...
Connor takes over at NetJets Europe