Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Belo Horizonte, Brazil-based business aircraft online charter broker Flapper is expanding into the Mexican market in the second quarter
Russian airlines are seeking to expand into the business aviation arena in an attempt to offset ever-declining passenger traffic.
Bohlke International Airways has formed a strategic partnership with Puerto Rico-based aircraft management and charter provider MN Aviation.
Tradewind will offer service between New York and Newport, Rhode Island aboard its fleet of PC-12 turboprop singles.
The Fly Louie Alliance, which looks to bring economies of scale to the fragmented private charter market, has seen growth since its launch last fall.
The acquisition of Sky Night gives Flyexclusive Gulfstream aircraft and access to international destinations.
Wheels Up has acquired Gama Aviation Signature, creating the second-largest private aviation company in North America.
The COVID-19 epidemic has spurred some increased demand for private charter flights, but it has been hard for the industry to meet this demand.
Private aviation membership company Surf Air has acquired online charter and per-seat marketplace BlackBird to create Surf Air Mobility Corp.
Berkshire Hathaway cited losses related to a government contract for lower FSI earnings, but saw upside with improved leases and flight hours at NetJets.
