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.
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Aircraft Charter Demand Continues Steady Climb
March 02, 2010 The U.S. executive charter market enjoyed a markedly stronger month in February than during the same month a year earlier, according to the... |
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Royal Jet Steps Up Private Flights to Iraq
March 01, 2010 Abu Dhabi-based charter operator Royal Jet is taking increasing numbers of bookings for flights into Iraq. Since the 2003 invasion of the... |
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Cessna Takes Full Ownership of CitationAir
February 23, 2010 Cessna Aircraft yesterday completed its acquisition of business aviation flight services provider CitationAir. With the move, CitationAir... |
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Aabar Boosts Its Investment in XOJet
February 22, 2010 Abu Dhabi-based investment firm Aabar Investments is investing a further $20 million in charter provider XOJet. The move came just four months... |
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Fractionals stumbled in brutal 2009
February 22, 2010 Data on the U.S. fractional share industry show that last year was extremely challenging for the big four fractional operators–NetJets, Flexjet,... |
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