Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
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.
The company plans to take delivery of a second one in six months.
Luxaviation's real-time travel management platform enables clients to oversee all aspects of their flight.
Demand for the card has prompted the charter broker to revive it.
The new software integration can use current fuel prices at the departure and destination airports to provide their customers with more accurate quotes.
Witnesses who observed the De Havilland DHC-3 Turbine Otter plunge into Mutiny Bay, Washington, on September 4 said it was in a near-vertical descent.
The two, family-owned aircraft management and charter companies expect improved scale and efficiencies with the acquisition.