October 2006 Timeline
October 1The opposition Social Democrats won the Austrian general elections
October 2
A gunmen killed 5 young girls and wounded 6 more in Amish school in Pennsylvania
October 3
Mirek Topolanek’s minority government lost a vote of confidence in Czech parliament
October 7
Anna Politkovskaya, a prominent Russian journalist, was found shot dead in Moscow
October 9
North Korea announced it had carried out a nuclear test
October 10
Google bought YouTube for $1.65bn
October 11
Small aircraft crashed into New York building, Yankees baseball pitcher Cory Lidle was killed, along with his flight instructor
October 13
Ban Ki-moon was elected secretary general of the United Nations
October 13
Economist Muhammad Yunus and his Grameen Bank won the Nobel Peace Prize
October 14
Peru guerilla leader Abimael Guzman was sentenced to life in prison by a Peruvian civil tribunal in Callao for terrorism
October 16
At least 99 people were killed in a Tamil Tiger suicide attack on a military bus convoy in northern Sri Lanka
October 17
US population reached 300 million people
October 17
The Council officially approved of Bulgaria joining the EU on January 1, 2007
October 22
Renault's Fernando Alonso won the 2006 FIA Formula One World Championship
October 23
Voters in Panama approved the project to expand the Panama canal, linking the Pacific and Atlantic
October 25
Russian President Vladimir Putin said he will not run for 3rd term
October 27
The St. Louis Cardinals won the 2006 World Series
October 29
Georgi Parvanov won the Bulgarian presidential elections
October 29
Nigerian airliner, carrying 104 passengers, crashed near Abuja airport killing 97 people on board
October 29
Brazilian President Luiz Inacio Lula da Silva was re-elected Brazilian president
Get Information on Business Air Travel
Business air travel is not a part of commercial air travel and is treated as a separate entity by the FRA, which even has a separate part to handle Chartered flights. In essence, chartered flights are outside normal schedules, by a hiring arrangement with a particular customer. Most scheduled airline companies also operate charter flights but are not considered or classified as charter airlines.
In context of Business air travel, charter flights have acquired a more specific role with the sole function being to transport executives, sports teams, and anyone whose schedule does not coincide with the schedule in which commercial aircrafts operate.
Air charter travel started becoming popular in the late 1990s, when chartered aircrafts moved into mainstream corporate aviation for a number of factors:
The popularity of very light jets and executive jets popularized the concept of business air travel. These small jets operate with lower inventory and downtime, which add up to bring down the cost of flight substantially. Cessna, Eclipse, Adam Aircraft, and Embraer are the forerunners in executive jet manufacturing. These jets are small, and are retrofitted to operate like an office.
Communication: The 9/11 incident has forced the FAA to impose a number of restrictions on commercial airline travel. For example, use of laptop computers and telephones are completely banned on commercial aircrafts. However, charter flights are regulated by a different part of the FRA, where rules are not so stringent. This flexibility is an added bonus to the corporate world, who now have got the liberty to stay in constant contact even when on the air.
Flexibility: Most commercial airlines operate of preset routes and revenue earning destinations. Hence anyone who has to reach a destination that is not revenue earning would have a tough time arranging for breaks journey. Private charter aircrafts has solved these problems.
Business air travel is expected to increase ten fold over the next two decades and private charter companies are preparing well for the bang. As more and more companies are entering this arena, rates are becoming more competitive and affordable.
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