Charter & Fractional

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Charter & Fractional

Guardian Jet Soars with $2B in Bizjet Sales, New Leadership

22-year-old company had most successful year for new acquisitions
Guardian Jet banner
Charter & Fractional

Aircraft Charter and Frax Firm Volato Reports 2023 Loss

Losses attributed to stalled aircraft sales, delivery delays
Volato jet
Charter & Fractional

The Wolf of Wall Street's Jordan Belfort Discusses the Movie, Flying Privately, and Prison

The 'Wolf of Wall Street' talks DiCaprio, flying private, and 'the greatest redemption story, ever.'
Jordan Belfort and Leonardo DiCaprio
Charter & Fractional

Digital Checkout Added to Charter Flight Quote Platform

Software integration expected to streamline flight quote and payment process
MySky Quote platform
Charter & Fractional

Flexjet S-76 Helo To Make Waves at Florida Boat Show

Company to show rotorcraft at yachting show in Florida this weekend
Sikorsky S-76 helicopter
Charter & Fractional

AircraftExchange Marks 5th Anniversary with $60B in Sales

Online business aircraft brokerage sees 46,000 visitors a month
Asian Sky Group
Charter & Fractional

ONEflight Opens New Colorado HQ, Florida Sales Office

Headquarters facility also includes hangar space
ONEflight HQ
Charter & Fractional

FAA Proposes $175,000 Penalty against Empyreal Jet

FAA alleges company operated Hawker 800XP with damaged rudder on 31 revenue flights
Empyreal Hawker 800XP
FBOs

Atlantic FBOs Prepare To Support Lilium eVTOL Flights

Infrastructure and support will be available at 30 or more U.S. locations
Lilium's eVTOL aircraft
Charter & Fractional

Bravo Air Plans To Operate SkyDrive eVTOL Aircraft

The private charter operator is based in Augusta, Georgia
SkyDrive SD-05 eVTOL aircraft
Charter & Fractional

Tuvoli and FL3XX Start Digital Charter Bookings Checkouts

Merged platforms will be used by charter brokers and aircraft operators
Charter & Fractional

Private Charter Firm Opul Jets Launches in London

Company has offices in London, UAE, Isle of Man
Opul Jets CEO Harry Ackerman
Charter & Fractional

Citadel Completions Now a Starlink Vendor

Outfitting firm now authorized to sell and install Starlink in business jets
Citadel Completions
Charter & Fractional

NBAA, Cutter Aviation Launch Bizav Advocacy Program

Program will help the association in its advocacy initiatives
Cutter Aviation
Charter & Fractional

Blade Predicts Turnaround after 2023 Losses

Company plans to continue its "asset-light" focus as it seeks to achieve profitability
Blade Air Mobility organ transport
Charter & Fractional

Falcon and Archer Launch Abu Dhabi-Dubai eVTOL Flights

Services will operate from Falcon Aviation's heliports in the UAE
Falcon Aviation will operate Archer's eVTOL aircraft in the UAE
Safety

Desert Jet Earns Charter Industry's Highest Safety Ratings

Fewer than one percent of operators have Wyvern's Wingman Pro, Argus Platinum and IS-BAO Stage 3 ratings concurrently
Desert Jet Fleet on company's ramp in Palm Springs, California
Charter & Fractional

WingX Sees Stagnant Bizav Flight Activity Year-to-date

Global flights were down around 3 percent year-on-year in the first two months of this year
WingX presentation at BBGA conference
Charter & Fractional

Wheels Up Revenues, Losses Fall in 4Q

Total revenues decreased 40% but company stemmed loss by 64%
Wheels Up
Regulations and Government

Aircraft Operators, FBOs Face New UK Border Controls

More passenger data and prior approval will be required for non-UK citizens
Farnborough Airport in the UK
Charter & Fractional

Levo Unveils Digital Offerings for Part 135 Operators

Technology company also has finalized a partnership agreement with Outer Banks Aviation
Levo
Airports

Sugar Land Set To be Launch Pad for Wisk's eVTOL Air Taxi Services

A vertiport at the city's airport could be part of a network across the Greater Houston area
Wisk's Generation 6 eVTOL aircraft
Aircraft

Lyte Launches Private Version of Hydrogen-electric VTOL Aircraft

The 19-seat LA-44 X Prime is a derivative of the 40-seat LA-44 SkyBus aircraft
Lyte Aviation's LA-44 SkyBus VTOL aircraft
Charter & Fractional

Blog: Could Monopolies Be the Norm for eVTOL Air Taxi Services?

Dubai's decision to give exclusive access to Joby has ruffled feathers
Joby plans to operate eVTOL air taxi services in Dubai
Rotorcraft

THC Orders Support Growing Saudi Mobility Needs

The massive order will support Saudi Arabia's vision for the future
THC AW139
Finance, Taxes, Insurance

Airbus Teams With Aircraft Lessor LCI on Advanced Air Mobility

LCI will explore leasing options for the CityAirbus NextGen eVTOL aircraft
LCI CityAirbus NextGen
Regulations and Government

FAA Clarifies Part 135 FDR Seating Configuration Regs

The agency is seeing confusion surrounding FDR requirements
Global Express Interior
Finance, Taxes, Insurance

LCI Considers eVTOL, Infrastructure Lease Bundles

The leasing group has signed MOUs for 165 eVTOL aircraft
Beta Technologies Alia 250 aircraft
Charter & Fractional

Amber Raises Funds for Asian Fractional Ownership Program

NetJets is among the Chinese company's investors
Amber Aviation
Rotorcraft

Maverick Helicopters Expands Air Tours into SoCal

The company will offer charter services and tours from Long Beach locations
Maverick