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The General Aviation Revitalization Act of 1994, also known by its initials GARA, is Public Law 103-298, an Act of Congress on Senate Bill S. 1458 (103rd Congress), amending the Federal Aviation Act of 1958. It was intended to counteract the effects of prolonged product liability on general aviation aircraft manufacturers, by limiting the ...
Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Several management companies provide fractional ownership programs for aircraft, including NetJets, Flexjet, Cirrus Aviation Services, and AirSprint. Alternatively, owners can join together to purchase ...
NetJets. NetJets Inc. is an American company that sells fractional ownership shares in private business jets. [6] Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world.
GAMA serves as a: Political lobbying group, representing the interests of the manufacturers of general aviation aircraft and products to governments [1] [4]; Industry data and information clearinghouse, public relations and reporting service (particularly publishing quarterly aircraft production data and the annual GAMA Statistical Yearbook and Industry Outlook, which typically contains an ...
The Cirrus Vision SF50 was the first certified single-engine civilian jet and is the most-produced VLJ with 514 deliveries since 2016. A very light jet (VLJ), entry-level jet or personal jet, [1] previously known as a microjet, is a category of small business jets that seat four to eight people. VLJs are considered the lightest business jets ...
General aviation (GA) is defined by the International Civil Aviation Organization (ICAO) as all civil aviation aircraft operations except for commercial air transport or aerial work, which is defined as specialized aviation services for other purposes. [ 1 ] However, for statistical purposes, ICAO uses a definition of general aviation which ...
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