Nick Copley

For owners of private aircraft, some downtime is an unavoidable reality — and historically, an expensive one. Whether a scheduled inspection or an unexpected Aircraft on Ground (AOG) event, any period during which an aircraft is unavailable can leave an owner paying retail charter rates for a replacement, sometimes tens of thousands of dollars per day. Jet Linx Aviation has introduced a structured solution to this problem.

Private aviation provider Magellan Jets, has launched a new fractional ownership program, offering shares in the Bombardier Challenger 850 aircraft. The offering is made possible through a joint venture with Slate Aviation, one of the nation’s leading operators of Challenger 850 jets. Fractional ownership is the latest addition to Magellan Jets’ suite of services, which already includes jet cards, on-demand charter flights, and aircraft sales and management.

Written by: Nick Copley Last Updated: Friday, 08 November 2024 Over the next three years, private aviation provider Wheels Up is planning to transition from four different types of jet aircraft to just two: the Phenom 300 Series and Challenger 300 Series. To kick off this transition it is acquiring GrandView Aviation and has arranged financing from Bank of America.