Charles Alcock is managing editor of the AIN Media Group, having rejoined the company in 2019. He has been an aviation journalist since 1986, and previously worked for AIN from 1990 to 2017, most recently as editor-in-chief. His main focus is on covering new aviation technology and business models, as well as international news.
Having been raised in the London area, Alcock studied at the University of Manchester in the UK and earned an honors degree in Politics and Modern History. He speaks English and French, and some German.

Managing Editor

Gulfstream designs, develops, manufactures, markets, and services business jet aircraft.

Gulfstream GIV, GIV-SP,G300, G350,  and G450

Charles Alcock

Amber Aviation expects to be ready to launch its fractional ownership program in Asia by the end of the third quarter of 2024, based on the recent completion of its Series C funding round. The China-based company has not disclosed how much new capital was raised but announced on Thursday it has received strong support from existing shareholders, including NetJets, Fung Investments, Liu’s Group, and Hony Capital.
The company already operates a fractional leasing program called AmberNet, offering blocks of 25 and 50 flight hours. It says that the offering has attracted customers from China and across Southeast Asia.
Amber Aviation has not yet confirmed which aircraft types it will offer for the fractional aircraft program or on what terms. It said that shareowners will have access to aircraft with a minimum notice period of 24 hours.
The company was founded in 2017, with its headquarters in Shenzhen and branch offices in Beijing and Shanghai. Its current fleet includes 21 aircraft. The fleet consists of a mix of Bombardier Global 5000 and 7500 large cabin jets, as well as the Gulfstream 650ER and G450. The G450s, which were <a href="https://www.ainonline.com/aviation-news/business-aviation/2022-04-19/amber-aviation-receives-g450s-netjets">received from NetJets</a> under an agreement announced in 2022, are used for AmberNet lease customers and in 2023 had an average utilization of 900 flight hours per aircraft.
“The success of Amber Aviation’s shared leasing program in the Asian market underscores the significant regional demand for this innovative model,” said Amber Aviation founder and president Chang Qiusheng. “Leveraging exceptional operational data, we continue to drive product innovation and enhancement.”

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

Amber Aviation Raises Funds for New Asian Fractional Ownership Program

NetJets is among the Chinese company's investors

Building on its AmberNet leasing program, China-based Amber Aviation says it is ready to launch what it says will be Asia's first fractional ownership program.

Amber Raises Funds for Asian Fractional Ownership Program

2024 Corporate Aviation Leadership Summit

Matt Thurber

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Ultra-long-range jets will operate under company's Red Label program

Flexjet Launches Ultra-performance Service with 3 G700s

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Malta-based operator wants to add up to 50 more aircraft to its fleet

AirX Bond Raises €115 Million To Fund Fleet Expansion

Kerry Lynch

Platform is similar to those used by real estate, insurance, and other industries

Jet Access Creates Independent Broker Platform

PlaneSense, AirSprint, Airshare CEOs discuss how they handle the growth

Fractional Ops Stay Heated but Face Trade Uncertainties

Amy Wilder

The move is supported by PJS Korea, which has been named brand ambassador

Elevate Jet Brings Challenger 650 to South Korea

Gordon Gilbert

New developments at airports including regulations and noise issues; legal disputes; openings, acquisitions and mergers.

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

In this article

Gulfstream GIV/GIV-SP/G300/G350/G450

Gulfstream

More In Charter & Fractional

Flexjet Launches Ultra-performance Service with 3 G700s

Ultra-long-range jets will operate under company's Red Label program

AirX Bond Raises €115 Million To Fund Fleet Expansion

Malta-based operator wants to add up to 50 more aircraft to its fleet

Jet Access Creates Independent Broker Platform

Platform is similar to those used by real estate, insurance, and other industries

Fractional Ops Stay Heated but Face Trade Uncertainties

PlaneSense, AirSprint, Airshare CEOs discuss how they handle the growth

Elevate Jet Brings Challenger 650 to South Korea

The move is supported by PJS Korea, which has been named brand ambassador

Court Rules in Favor of Bizav Charter Operators at KHPN

Verdict allows per-seat charter operators to use FBOs at the New York-area airport

Air Charter Expo Logs Record Participation Numbers

More than 2,000 visitors and 100 companies attended the September 9 event

Uber Rideshare App To Offer Blade Helicopter Flights

Blade was recently acquired by eVTOL manufacturer Joby Aviation

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN