Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
A shortage of spare parts, transportation bottlenecks, and labor shortages have all impacted the bizav industry.
Flexjet will merge with a special purpose acquisition corporation and be listed on the New York Stock Exchange.
Sun Air Jets has expanded its presence at Van Nuys Airport with the opening of 66,000 sq ft of new hangars.
Charter and other commercial air transport operators in Australia will need to have safety management systems in place by December 2024.
Fly Alliance is the new name of Alliance Aviation Group and its four companies.
Four Corners Aviation has acquired Omaha, Nebraska-based charter, sales, and management company UltraAir.
The average hourly cost for a fixed-rate, guaranteed availability jet card membership increased to $11,200, according to Private Jet Card Comparisons.
Despite TAG Aviation Holding's piecemeal sell off several years ago, TAG Aviation maintains a large aircraft charter managment fleet in Asia and Europe.
The Paramount Jet Card requires a minimum $100,000 deposit.
Member companies of the Air Charter Association will have access to four, carbon-offsetting schemes under partnership with 4Air.