THE FAA MAY SOON CLAIM that certain flight operations are ``illegal fractionals.'' FAR Part 91, Subpart K became effective Nov. 17, 2003, but existing fractional operations were allowed to operate ...

While most tax changes were stripped out of the final FAA reauthorization bill, one significant change remains – the tax treatment of aircraft operations under fractional aircraft ownership programs.

CitationShares, the fractional-jet operation with a fleet that consists exclusively of Cessna Citations (see here), offers the Vector JetCard (877.832.8678, www.citationshares.com) program. Like the ...

Concerns about the security measures applied to US-based fractionally owned business aircraft flying into Europe appear to have been satisfied in the latest round of talks between the European Civil ...