“Parting is such sweet sorrow” may have befitted the relationship between Romeo and Juliet, but for UAL Corp. and Gulfstream Aerospace, the parting is far from sweet.
As unclear as Flight Options’ future is, the situation at Flexjet is even less defined at this time. According to industry sources, a “significant” deal is pending that would involve the assets of Flexjet and charter operator Delta AirElite Business Jets. An announcement could come as early as this month.
It has been a turbulent year for the aviation industry: a stalled economy, company failures and bankruptcies, layoffs and furloughs, management changes, product-line overhauls, security regulations and new aircraft launches. What follows below are the people who shaped 2002, as chosen by AIN’s editors.
And you thought the dot.com bubble-burst was bad.
Avolar, a stand-alone subsidiary of UAL Corp. created in March to launch a new business aviation venture, has already acquired three business jets as part of the fractional- ownership core fleet and expects to begin flying this month.
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