Property law

March 29, 2012 - 1:20pm

Associated Aircraft Group (AAG), a Sikorsky Aircraft subsidiary specializing in S-76 operations on the East Coast, has marked “40,000 hours of safe flying” in 17 years. AAG president Scott Ashton emphasized that his company has implemented a safety management system “that encompasses a comprehensive culture of risk management and safety promotion and policies.”

AAG lays claim to being the only executive helicopter company to own and operate an FAA Part 145 maintenance facility.

March 20, 2012 - 3:50pm

Atlanta-based Ascension Air is now offering three fully equipped 2012 Cirrus SR22Ts to individuals and pilots through its fractional ownership program. The company’s fractional ownership program requires about $10,000 down and a monthly management fee of $2,000. Ascension’s new SR22Ts include 60/40 FlexSeating in the back seat, which includes a third over-the-shoulder seat belt allowing for a fifth passenger and 60/40 fold-down seating.

February 7, 2012 - 2:35pm

CitationAir has stopped selling fractional shares in new aircraft and ceased renewals for current fractional-share customers, the Cessna Aircraft subsidiary confirmed to AIN yesterday. Effective last week, “CitationAir will be streamlining our offerings to deliver those products in our portfolio that have demonstrated the greatest customer demand,” CitationAir president and CEO William Schultz wrote in an email sent to employees.

August 29, 2011 - 10:10am

The Latin American Business Aviation Conference & Exhibition in São Paulo last month marked the dawn of fractional jet ownership in Brazil, with two companies launching programs.

April 27, 2011 - 6:20am

Avantair now offers leasing of fractional shares of Piaggio Avanti turboprops. The new Axis lease program allows buyers to lease a share of a fractional Avanti; this is a true lease, not a block-charter program.

March 30, 2011 - 1:40pm

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies. Last month, Cleveland-based Flight Options recalled eight furloughed pilots to fill open seats in its Citation X fleet.

March 10, 2011 - 11:04am

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies. Yesterday, Cleveland-based Flight Options announced it is recalling eight furloughed pilots to fill open seats in its Citation X fleet. “We are extremely pleased to be able to announce the recall.

December 29, 2010 - 5:23am

CitationAir has launched Jet Access, a new non-membership program designed to allow private aviation customers use of its Citation XLS and Sovereign fleet without any element of fractional ownership. For a minimum commitment of 50 flight hours a year, the program provides simple pricing, with locked-in rates for 36 months and a flexible fuel component.

October 20, 2010 - 2:01pm

Members of the Florida Aviation Trades Association learned recently that the Third District Court (Miami) has issued a ruling that will significantly affect the recourse available to the maintenance industry when faced with a non-paying customer.

Previously, a repair facility could put a lien on the aircraft when it perceived the customer would not pay the bill regardless of who was in possession of the aircraft.

January 27, 2010 - 9:52am

Canadian aircraft management company Air Partners has launched a fractional-share program to capitalize on historically low used aircraft prices. Air Partners is headquartered in Calgary and is a subsidiary of Morgan Air Services, which was founded by WestJet Airlines cofounder Tim Morgan in 1983. In addition to aircraft management, Air Partners offers charter and aircraft maintenance services.

 
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