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Thursday, 22 March 2012 11:30
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CitationAir To Trim Fleet, Pilot Ranks

by Matt Thurber

As CitationAir transitions from selling fractional shares to focusing on its Jet Card and Jet Management products, the company plans to “begin reducing its aircraft fleet as Jet Share contracts expire,” according to a statement that AIN obtained yesterday from company president and CEO William Schultz. “A corresponding number of pilots will be furloughed as aircraft are removed from the fleet, making way for new managed aircraft,” he added.

READ MORE: AinOnline

 

 
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