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

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

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

More Articles

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

Fractional Flights Poised To Climb in 2023

The SherpaReport sees growth in fractional aircraft as the fleet expands, waitlists ease, and more customer-friendly terms emerge.

Charter & Fractional

March 14, 2023

NJASAP Warns NetJets Execs on Need To Up Pay Scale

The NetJets pilots' union NJASAP is warning that company management needs to be aggressive with pay or risk losing pilots to the airlines.

Charter & Fractional

March 13, 2023

Advanced Air Mobility Pioneers Aim to Transform Vertical Flight

Plans for a Norwegian emergency medical service to deploy the CityAirbus NextGen eVTOL are set to be among the early use cases for all-electric aircraft.

Aircraft

March 8, 2023

Spanish Private Owner is Latest European Customer for Bell 429

The twin-engine Bell 429 will be operated by Costa del Sol-based sales representative World Aviation for VIP transportation and charter flights.

Aircraft

March 8, 2023

Korean Forest Service Orders Columbia's New-build 234 Chinook

The sale reflects Columbia Helicopter's emphasis on manufacturing, overhauling, and upgrading the venerable family of heavy-lift rotorcraft.

Charter & Fractional

March 7, 2023

Southern Sky Aviation Adds To Charter Fleet

Alabama-based Southern Sky Aviation has added a Beechcraft Premier 1 to its charter fleet.

Charter & Fractional

March 7, 2023

Iris Jets Launches Custom Fractional Services

Miami-based Iris Jets is launching custom fractional leasing services, beginning with the Miami Jet Club that will offer one-eighth shares in a Hawker 750.

Charter & Fractional

March 7, 2023

Bestfly and Krimson Agree On International Tie-up

Bestfly and Krimson form joint venture in Africa to further business aviation development on the continent.

Charter & Fractional

March 6, 2023

Chapman Freeborn Expands with Houston Office

Charter broker Chapman Freeborn is continuing its expansion into the Americas with the opening of a new dedicated office in Houston.

Charter & Fractional

March 6, 2023

Abu Dhabi Aviation Coming to Americas

An oil and gas champion, Abu Dhabi Aviation is also finding viable uses for the aging elements of its fleet.

Charter & Fractional

March 4, 2023

Thai Operator Plans Grand Caravan Seaplane Service

Following a long pause due to Covid, Siam Seaplanes eyes the launch of Grand Caravan charter operations by mid-year.

Aircraft

March 2, 2023

Saudi Arabia’s THC to See Fleet Jump to 46 Helicopters in 2023

‘Substantial’ amounts are being spent on the development of a sector long neglected in the Kingdom.

Charter & Fractional

March 1, 2023