Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
Wheels Up has reached an agreement to acquire London-based aviation services provider Air Partner for approximately $107 million in cash.
The aircraft manufacturer wants to tap growing demand for moving over-sized freight around the world using five of its A300-based BelugaST transporters.
The parent of VistaJet and XO saw a jump in flight hours and memberships in 2021.
The European fractional operator also achieves "milestone" approvals from EASA.
The Air Charter Association's "Fly Legal Day" declaration aims to honor soccer player Emiliano Sala, who was killed in an illegal charter flight.
The Geneva-based private jet charter broker topped $100 million in revenue last year.
Jet Edge already has a base at Signature Aviation's facility in Van Nuys.
GrandView Aviation looks to continue building on the growth it recorded in 2021.
The additional aircraft brings its managed and on-demand charter fleet to 75.
Jet Edge International will use KKR investment to further expand charter fleet by 20 aircraft.