Noticed any unusual charges on your fractional ownership invoices lately? There's a lot of detail there, and according to one fractional observer, ``the devil's in the details.''
Fasten your seatbelts, shareholders. It's no secret that aircraft fractional ownership is encountering some turbulence thanks to the general economic downturn since 2001, soaring fuel prices, lower aircraft valuations and the rise of card membership programs among charter brokers (read: more competition). Adding a further degree of uncertainty to this milieu is an acrimonious contract negotiation between the management of NetJets, the largest fractional program manager, and Teamsters Local ...
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