Block charter has evolved as the primary alternative to fractional ownership in Europe, with providers continuously vying to offer greater flexibility and value. Operators and brokers are now competing to find new incentives to influence customers to abandon airlines in favor of charter services.
Cessna Citation 560, Woodruff, Wis., Jan. 5, 2006–The NTSB blamed the
NetJets captain’s “failure to maintain adequate airspeed during the landing which resulted in a stall/mush,” when the Citation’s wing hit the runway on landing at Lakeland Airport/Noble F. Lee Memorial Field, near Minocqua-Woodruff, and the
For the second year in a row the Gulfstream Service Center in Dallas has received an Outstanding Achievement Award for its excellence in base maintenance of the NetJets G200 fleet.
Two well known companies that operate and manage charter aircraft and jet travel cards have merged. As reported in AIN last month (page 3), Berwyn, Pa.-based JetDirect has acquired Weymouth, Mass.-based Sentient Jet.
It appears that the informational picketing by NetJets pilots, who are represented by the International Brotherhood of Teamsters Local 1108, is having the desired effect of putting pressure on company management to finally hammer out a new contract with the pilot workforce.
NetJets Europe expects to move into its new Lisbon, Portugal headquarters in December. The fractional provider already runs all its operational and administrative functions from the Portuguese capital and it is now investing $28 million in a much larger building that will house slightly more than 400 staff. It also has a sales and marketing office in London. The past three years have seen rapid growth at NetJets Europe.
The DOT issued a “show cause” notice on Executive Jet Management’s plans to launch a business jet commuter operation. EJM, a NetJets affiliate that provides aircraft charter and management, submitted a DOT application in March to launch scheduled commuter service using business jets to connect Chicago, Los Angeles and New York City. Based on information provided in the application, scheduled flights could start as early as this summer.
While the fractional market continues to expand, shareholder growth is advancing at a slower rate, according to data from the Union Bank of Switzerland (UBS).
Business aviation continues to be a bright spot in the FAA’s annual aviation forecast, with top executives of two business jet manufacturers and the leading fractional ownership provider presenting generally upbeat assessments at the agency’s Aviation Forecast Conference in Washington, D.C., in late March.
Borge Boeskov, the Icelandic-born father of the Boeing Business Jet, died on June 9 after a lengthy illness, one day shy of his 69th birthday.