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Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Latest
Judge Orders FAA To Pay Air Trek Legal Expenses
On August 20, the FAA reinstated the air carrier operating certificate of Air Trek of Punta Gorda, Fla., after the charter operator fought for more than a
Charter & Fractional
September 3, 2009
Bizav Fractionals Facing a Matured Industry
The fractional jet industry is undergoing a “major transformation,” according to business aviation consultant Brian Foley Associates.
Charter & Fractional
September 1, 2009
Santulli resigns from NetJets; changes ahead at fractional
In a major management shake-up at fractional provider NetJets, company founder, chairman and CEO Richard Santulli on August 4 unexpectedly resigned, effect
Charter & Fractional
August 25, 2009
NetJets Europe avoids layoffs while reducing pilot duty days
Shortly before the departure of NetJets chairman and founder Richard Santulli, NetJets Europe achieved its goal of reducing flight crew capacity by 60,000
Charter & Fractional
August 25, 2009
Videos
More Articles
Start-up Fractional Jet Republic Sought To Recruit NetJets Employees
Before new fractional company Jet Republic declared insolvency late last month, lawyers for the firm were seeking to lift a legal injunction secured by est
Charter & Fractional
August 25, 2009
Sunset Aviation Rebrands and Relaunches
Charter/management company Sunset Aviation LLC officially changed its name to Solairus Aviation early last month.
Charter & Fractional
August 25, 2009
European charters ready to launch
Until around this time last year, European business aviation had been enjoying a boom period, and executive charter in particular had seen some truly explo
Charter & Fractional
August 25, 2009
Start-up fractional Jet Republic topples
Jet Republic, which last year announced a plan to buy up to 110 Bombardier Learjet 60XRs and launc
Charter & Fractional
August 25, 2009
Greenjets Starts Shared Flight Service
Greenjets shared business jet service between New York and Florida began last month, and service to Los Angeles, Chicago, Boston, Washington and Atlanta wi
Charter & Fractional
August 25, 2009
Air Royale Offers Best-price Guarantee
Los Angeles-based private aircraft charter services company Air Royale International is offering a best-price guarantee on its air charter flights.
Charter & Fractional
August 25, 2009
Frax Firm Jet Republic Suspended, Orders Cancelled
Bombardier Aerospace announced today that it has “terminated its firm and conditional order purchase agreement with Jet Republic.” The cancellation removes
Charter & Fractional
August 20, 2009
Sokol Wastes No Time in Restructuring NetJets
NetJets’ new chairman and acting CEO, David Sokol, has barely been at the helm of the fractional provider a week, but he isn’t wasting any time in restruct
Charter & Fractional
August 13, 2009
Losses Mount for NetJets in Second Quarter
Fractional aircraft provider NetJets’ second-quarter revenues fell 43 percent year-over-year to $550 million, and for the first half dropped $1.024 billion
Charter & Fractional
August 11, 2009
Jet Republic Fights NetJets Poaching Ban
Lawyers acting for European private jet club start-up Jet Republic are seeking to lift a legal injunction secured by rival fractional ownership provider Ne
Charter & Fractional
August 11, 2009
Avjet Plays Key Role in Clinton’s Mission to N. Korea
Aircraft management and charter firm Avjet held a crucial role in the air transportation for former President Bill Clinton on his visit to North Korea on T
Charter & Fractional
August 6, 2009
Birds Blamed in Citation I Crash
The NTSB said the probable cause of a crash in Oklahoma City of a Cessna Citation I was airplane wing-structure damage sustained during impact with one or
Charter & Fractional
August 6, 2009
Frax Industry Founder Steps Down from NetJets
In a seismic event for the business aviation industry, NetJets founder, chairman and CEO Richard Santulli yesterday resigned his position at the company, e
Charter & Fractional
August 5, 2009
Sunset Aviation Rebrands, Relaunches as Solairus
As of tomorrow, charter/management company Sunset Aviation LLC officially becomes Solairus Aviation.
Charter & Fractional
July 30, 2009
Arabasco, Royal Jet team on Saudi charter
Royal Jet and Arabasco launched a joint venture to expand private charter services in Saudi Arabia.
Charter & Fractional
July 28, 2009
Avantair shrugs off effects of recession
Even as other well-established and larger fractional ownership operations are quietly laying off employees and reducing aircraft delivery rates in response
Charter & Fractional
July 28, 2009
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