Charter & Fractional
United BizJet now Avolar, frax plans unchanged
Avolar, the “stand alone” UAL Corp.

Avolar, the “stand alone” UAL Corp. subsidiary created in April to launch a new business aviation venture, has declared that despite the September 11 terrorist attacks and their devastating impact on America’s aviation industry, “Our business plan is unchanged; however, Avolar is now seeking equity investors to share the burden of funding.” Avolar was originally created as United BizJet Holdings.

The plan includes the creation of a variety of business aviation programs, including fractional ownership, aircraft fleet management, on-demand charter entities, a corporate shuttle operation and establishment of “links between United [Airlines] mainline commercial service and business aviation products outside the United States.”