Virgin Charter today announced that it has partnered with global travel management company Radius, which will use the online marketplace to find and book charter flights for its clients. The news is tempered, however, by reports that Virgin Charter has laid off a number of employees.
Charter aircraft operators seem to be weathering the double whammy of a recession and increased aviation security measures with reasonable success, with requests for information and, in some cases, actual charter bookings up in the more highly populated areas but down in some other places.
Two former charter representatives from now-defunct Flight Time have risen from the ashes of their former jobs to found a new charter-brokering business. Executive Charter Services, with offices in Boston, can trace its beginnings to the very day Flight Time closed its doors and declared Chapter 7 bankruptcy, leaving the charter industry shocked and, in many cases, out a lot of money in unpaid accounts receivable.
Charter broker Air Partner has seen a 40-percent increase in executive aircraft bookings over the past year. In an October 6 statement, which reported significantly improved financial results for the year ending July 31, the UK-based group said that business aircraft charters had increased most markedly during May, June and July and that many of these bookings were from financial institutions.
Melbourne, Fla.-based CharterMatrix has targeted the empty-leg market with the launch of an updated Web site, which includes a map-search function, request board and interaction with flight-planning Web site FlightOps1.com. The color-coded map-search function of CharterMatrix.com allows users to select a region and view all empty-leg charter flights available in the area. Users can also post bids for flights
The European executive charter market is becoming more and more competitive, and the majority of operators and brokers expect demand to increase over the next 12 months. These are the main conclusions of a survey conducted by online charter network Avinode between April 1 and September 1.
In response to a four-year old NTSB safety recommendation stemming from the Jan.
European charter operators are expressing increasing frustration about what they have come to regard as anti-competitive restrictions on their ability to fly in and out of the U.S.
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