It was a challenge. A big one, admittedly, but as Stuart Oran discovered, much bigger than originally envisioned.
Avolar, the budding stand-alone fractional business jet division of UAL Corp., stepped up its launch effort last month with a pair of new aircraft orders–despite a current economy that has other fractional providers turning to new marketing tactics. To boot, the Avolar business plan is ahead of schedule. Avolar president Stuart Oran said at the NBAA Convention in New Orleans last month, “We are now operational.
When UAL Corp. announced earlier this year the creation of United BizJet Holdings, and that the new stand-alone enterprise would include a fractional-ownership program, some in the industry considered this a plain and simple “if you can’t beat ’em, join ’em” strategy.
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.