Charter & Fractional
Now Closed, CitationAir Surrenders Certificate to FAA
The Part 135 certificate for CitationShares Management LLC dba CitationAir has been removed from the FAA's National Vital Information Subsystem database.
The ranks of major fractional-share operations thinned with the departure of CitationAir. Its Part 135 certificate has been removed from the FAA's database after surrender on November 6. Flight operations ended on October 31. (Photo: Cessna Aircraft)
The ranks of major fractional-share operations thinned with the departure of CitationAir. Its Part 135 certificate has been removed from the FAA's database after surrender on November 6. Flight operations ended on October 31. (Photo: Cessna Aircraft)

The ranks of major fractional-share operations officially thinned late last week, when the FAA reported that the Part 135 certificate for CitationShares Management LLC, dba CitationAir, has been removed from its National Vital Information Subsystem database after surrender on November 6. Flight operations ended on October 31, but the company had already begun winding down, having stopped selling fractional shares and halting all contract renewals in 2012.


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