NetJets has “temporarily paused” fractional share sales and leases for the Citation XLS and Phenom 300, and sales of all jet cards, due to high demand.
LLCs are not iron-clad in protecting aircraft owners from all liabilities, but they often makes sense as part of an overall aircraft ownership structure.
Brazilian fractional provider Amaro Aviation took delivery of its first Pilatus PC-24, which will be based at São Paulo Catarina International Airport.
As authorities consider reimposing “use it or lose it” rules, carriers again consider the possibility of operating “ghost flights” to keep their slots.