First of all, if you're looking for STABILITY, this is not a good industry for that. However, I do think the fractionals offer us a healthy portion of that. If you think about it:
1-there will ALWAYS be wealthy people.
2-Lately it seems airline service is at Greyhound's level, and their on-time performance, well lets not get into that. Most companies don't want their executives missing company meetings because their flights got cancelled. The fracs. seem to be getting more and more company/firm accounts.
As far as competition between the fracs. like F16Driver said, NJ has the biggest piece of the pie, sort of the Southwest of LCCs, but there are enough accounts to keep all three (NJ, CS, FX) fat and happy. Flight Options just ordered 100 Embraer Light-jets. I think they're throwing in the towel on this market, probably will go after Plane Sense and Avant Air with those little things.
My opinion, CS and FX are defitnely retirement jobs. You're not with Continental, are you?? I read they lost 130 First Officers last year, wassap with that??