Charter & Fractional

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

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Fractional Share Sales Take Off at Flight Options

Cleveland-based Flight Options today announced 467-percent and 46-percent year-over-year growth in fractional share and jet card (JetPass) sales, respectiv

Charter & Fractional

April 12, 2011

ACSF Seeks Support for Single Audit Safety Standard

ACSF Seeks Support for Single Audit Safety Standard The Air Charter Safety Foundation (ACSF) is trying to encourage charter and fractional operators

Charter & Fractional

April 12, 2011

Jet Connections Helps Business Aircraft Owners Share

Business aircraft owners struggling to cover their costs now have an alternative to traditional aircraft management through the new Non-Equity Sharers (NES

Charter & Fractional

April 12, 2011

Charter Demand Climbs but Prices Fluctuate

Despite charter flight demand continuing to rise over the past month, flight-hour rates have softened.

Charter & Fractional

April 7, 2011

NetJets Places First-ever Bombardier Order

by Matt Thurber NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement early last month for up to 1

Charter & Fractional

April 1, 2011

JetDirect Estate Seeks Chapter 7 Clawback

The bankruptcy trustee for debtors associated with JetDirect Aviation filed a complaint on February 20 that could force FBOs, charter operators, mai

Charter & Fractional

March 31, 2011

Sources Say NetJets To Thrive After Surprise Sokol Exit

Yesterday’s announcement that NetJets chairman and CEO David Sokol resigned from

Charter & Fractional

March 31, 2011

Lufthansa Confirms NetJets Deal

Lufthansa Private Jets confirmed the relaunch of its partnership with NetJets Europe, following the closure of its Swiss Private Aviation subsidiary.

Charter & Fractional

March 30, 2011

NetJets Now ‘Solidly Profitable’

Revenues at Berkshire Hathaway’s “other services” segment–which includes fractional jet provider NetJets and flight-training company FlightSafety Internati

Charter & Fractional

March 30, 2011

Fractional Pilot Furlough Ranks Descending

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies.

Charter & Fractional

March 30, 2011

Sokol Resigns as NetJets Leader

David Sokol has resigned from his job as chairman of several Berkshire Hathaway-owned companies, including fractional-share provider NetJets.

Charter & Fractional

March 30, 2011

Avinode sees strengthening market for charter

by Charles Alcock Light jets are losing market share in Europe, falling from 32 percent of the continent’s charter market in 2008 to 26 perce

Charter & Fractional

March 28, 2011

UK Pushes for Tax on Bizjet Flights

The UK government signaled its intention yesterday to start taxing business-jet passengers in a process that would mirror the country’s existing airline pa

Charter & Fractional

March 24, 2011

Amid Bahrain Violence, Nexus Shifts Ops to Saudi Arabia

Middle East business aviation support group Nexus is relocating its main operations center to Saudi Arabia in response to violent political upheaval in Bah

Charter & Fractional

March 24, 2011

Exodus From Japan Begins

As the situation in Japan worsens following last week’s triple disaster of a 9.0 earthquake, a tsunami and the steadily deteriorating status of a major nuc

Charter & Fractional

March 17, 2011

Congo Copilot and Flight Attendant Freed, Flying Home

The copilot and flight attendant who were <link airshow-convention-news/aviation-international-news/single-publication-story/article/gulfstream-v-stuck-in-

Charter & Fractional

March 15, 2011