FAA hits five private jet operators for illegal charters

cloudy skies

The Federal Aviation Administration is proposing $1.2 million in fines against PottCo Airlease, PottCo Tactical Air, Wikert Air, Oracle Aviation, and East Shore Aviation

The Federal Aviation Administration has proposed civil penalties totaling $1,228,671 against five private aviation companies for allegedly conducting illegal charter flights, according to a release from the agency.

Five companies were tagged: PottCo Airlease, PottCo Tactical Air, Wikert Air, Oracle Aviation, and East Shore Aviation.

Private Jet execs bullish on recovery, near-term and into next year

private jet trends August 2020

45% of business aviation executives expect to finish 2020 in a stronger position, compared to just 16% who predict a decline. 92% are very/fairly optimistic about 2021

Major airlines warn that a full recovery may now take into 2024. Business aviation executives say that’s not the case for private jet travel.

A poll of more than 500 attendees at Corporate Jet Investor’s weekly Town Hall meeting showed a confident outlook about the future.

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