Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
According to JetASAP, hourly on-demand charter rates in October climbed for larger jets but moved lower for smaller jets and turboprops.
Wheels Up posted a net loss of $86 million in the third quarter and fired its president.
Italy's Air Corporate plans to base a newly acquired ACH160 in a special ‘Lounge” configuration in Milan early next year.
Flyjets claims travelers can save up to 50 percent on empty-leg flights with an upgraded app.
The Gulfstream G600 adds long-range capability to Thrive Aviation's mostly Cessna Citation fleet.
Lelystad-based Zeusch Aviation has received its air operators certificate from the Civil Aviation Authority of the Netherlands.
As the summer heat in the Middle East dies down, the FIFA World Cup and other events are expected to lead to a surge in charter demand.
NetJets expects to receive more than 100 new jet deliveries by the end of 2023, which would bring its fleet to nearly quadrupal digits.
Over the past six years, the influx of capital into business aviation has led to consolidation that has significantly changed the industry.
The Paris-based unit of UK-based Air Charter Services saw significant growth in private jet, group, and cargo charter segments.