BBA Aviation and Executive Jet announced on August 13 they had signed a deal in late June that will make BBA Aviation’s Signature Flight Support chain “the exclusive FBO in all contiguous U.S. states and Alaska and in all current and all future cities for FBO services.”
Troy Eaden learned to fly just three years ago, but these days you’ll find him in the front office of the first Raytheon Premier I to be delivered. He took possession of his new airplane in late June, bolstering a tradition of ownership that began with the new Bonanza A36 he bought right after qualifying as a pilot and continued when he traded the piston single for a Jaguar Edition King Air C90B.
Jet Support Services–better known as JSSI–signed Turkish charter operator Sertur Air as a “Tip-to-Tail” maintenance plan customer yesterday here at the Dubai Air Show.
According to the Orlando Sentinel, state and local officials are drafting an incentive package to lure fractional provider NetJets to Orlando, Fla. “As NetJets’ business continues to grow and as we expand and add more employees and more aircraft, we also must add new infrastructure to maintain the highest standards of service and safety,” a NetJets spokeswoman told AIN.
As a group, the four largest fractional operators reported pilot hiring activity significantly off from what it was a year ago, according to AIR Inc., the Atlanta firm that tracks the aviation job market. In the first nine months of this year, AIR Inc. said NetJets, Flight Options, CitationShares and Flexjet hired a total of just 148 pilots compared with 997 in the same period last year.
Bill Boisture, who resigned suddenly in April as president of Gulfstream Aerospace, has been on the job for the last 30 days as president of NetJets. He joined the Woodbridge, N.J.-based fractional-ownership operator early last month and is directing the company’s North American operations out of Columbus, Ohio.
The Securities and Exchange Commission (SEC) suspended the trading of Connect-A-Jet securities for 11 days last month, from October 1 to October 12, due to alleged “deceptive practices” by the online charter broker.
Jet Aviation Zurich has expanded its capabilities to include major interior refurbishment. One of the first beneficiaries of the expansion was the Citation VII, below, refurbished for fractional-ownership provider NetJets.
The surprise departure last month of Bill Boisture from Gulfstream after 10 years as its president and the naming of vice chairman Bryan Moss as his replacement tops a list of several major revelations over the last few months by the Savannah, Ga.-based manufacturer.
When Richard Santulli sold three fractional shares in a business aircraft in 1986, people snickered. Ten years later, NetJets had sold 1,551 shares and Santulli was the one left laughing. Today, NetJets has company in the fractional-ownership industry, an industry that now represents 5,827 fractional shares. Even with the current economic slump, last year’s new share sales were up by 17 percent over the tally for 2001.