Charter & Fractional

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

Latest

Wheels Up Stock Dives On Financial, Program News

Interim Wheels Up CEO pegs future profitability on regional service areas.

Charter & Fractional

May 9, 2023

Florida Charter Operator Starts New Fleet Base Construction

Elite Air has begun construction on a dedicated 72,000-sq-ft terminal/hangar complex at St. Petersburg-Clearwater International Airport.

Charter & Fractional

May 5, 2023

Red Sea Projects Set To Revolutionize Tourism in Saudi Arabia

NasJet’s 12-strong fleet today includes only one owned aircraft.

Aircraft

May 5, 2023

NetJets Pilots To Picket Berkshire Hathaway Meeting

NetJets pilot union organized a picket of the annual shareholders meeting of NetJets's parent company Berkshire Hathaway to protest pay and conditions.

Charter & Fractional

May 5, 2023

More Articles

Thrive Aviation Expands to East Coast, Adds Longitude

Nevada-based aircraft charter and management provider Thrive Aviation has opened a facility in Florida as it onboards a Citation Longitude to its fleet.

Charter & Fractional

May 2, 2023

Mexico's Redwings Plans eVTOL Air-taxi Services

Mexican business aviation group Redwings has signed a letter of intent with Jaunt Air Mobility to buy up to 20 of its Journey eVTOL aircraft.

Aircraft

May 1, 2023

Jet Linx Earns Safety Rating Trifecta

Jet Linx now holds the highest safety audit ratings from Wyvern, Argus, and IS-BAO Stage 3, making it one of the few, if not the only, operator to do so.

Charter & Fractional

April 28, 2023

NJASAP Files Suit against NetJets

NJASAP is suing NetJets, alleging the fractional ownership provider is violating laws by prohibiting pilots from referring customers to a union portal.

Charter & Fractional

April 26, 2023

ExecuJet To Open Dubai OMDW FBO This Year

The site will replace a temporary facility that ExecuJet has been running at Dubai’s second airport since 2016.

Charter & Fractional

April 26, 2023

Flexjet's Temp Terminal at PGA Masters Scores Big

To serve its customers heading to this year's PGA Masters Tournament in Georgia, Flexjet established a temporary terminal at Augusta Regional Airport.

Charter & Fractional

April 21, 2023

SETOps Event To Probe Market Opportunities in Europe

Experts explain how Europe could more fully exploit EASA rules allowing single-engine turbine aircraft to fly commercially at night and in IMC conditions.

Charter & Fractional

April 14, 2023

Flexjet Scraps IPO, Continues Growth Plans

Flexjet plans to remain "opportunistic" in the capital markets and continue growth after terminating an agreement to go public through a SPAC merger.

Charter & Fractional

April 12, 2023

Honda Aircraft Settles Lawsuit Against Jet It

Honda Aircraft and business jet operator Jet It have reached a confidential resolution in their legal dispute.

Aircraft

April 12, 2023

Volato Floats $25 Million Debt Offering

Fractional provider Volato is raising $25 million to finance more HondaJets.

Charter & Fractional

April 5, 2023

Wheels Up 2022 Losses Revised to $555 Million

Wheels Up maintains strong cash reserves, plans reverse stock split to avoid delisting.

Charter & Fractional

April 3, 2023

SpeedBird Merging with Northern Jet Management

SpeedBird and Northern Jet Management are merging to create a charter/management company with annual revenues of more than $110 million.

Charter & Fractional

March 31, 2023

Kenai Aviation Takes Delivery of Another Tecnam P2012 Traveller

Alaska based air charter operator Kenai Aviation accepted its second 11-seat Tecnam P2012 Traveller this week at the Sun 'n Fun Aerospace Expo.

Aircraft

March 31, 2023

Wheels Up Introduces King Air Access Program

Wheels Up hopes that the new UP King Air access program will lock in more customers at a discounted price.

Charter & Fractional

March 24, 2023

Volato Exceeds 2022 Earnings Expectations

Light jet operator Volato achieved more than $100 million in sales in its first full year of operation.

Charter & Fractional

March 23, 2023

ASQS Expands in Canada with Central Mountain Air Partnership

British Columbia-based regional airline Central Mountain Air has rolled out the iQSMS reporting module to further optimize its safety management.

Airlines

March 21, 2023