NBAA Convention News - 2011

NBAA Convention News
Bombardier C Series

The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in September. In the last quarter, the OEM drew down $1 billion of cash reserves against $211 of net income, double for the same period a year ago. Its market capitalization is $7 billion and the cash burn rate set off caution lights for stock analysts. The news is not cataclysmic; most now rate the company as “market perform,” but from early July through the end of September, Bombardier stock lost 43 percent of its value.

Socata TBM 850

There is some real aviation pedigree gathered in Las Vegas for the 2011 NBAA show, but you won’t find a company with a richer heritage than France’s Daher-Socata, which this year marks its 100th anniversary in aircraft manufacturing. The company’s ancestor Morane-Saulnier was established in 1911–eight years after the Wright brothers took to the air for the first time. French family-run industrial group Daher, Socata’s current owner, is 150 years old itself. At the end of 2008, it acquired a 70-percent stake in Socata from the EADS group. The anniversary has been marked with a series of special events throughout 2011, but most notably by the introduction of a special centenary edition of its TBM 850 single turboprop business and utility aircraft.

TrueNorth

TrueNorth is rapidly becoming one of the better-known cabin communications specialists. Here at the NBAA show, the Canadian firm ran up another flag with the announcement that it has been selected by global cabin completions giant Jet Aviation to provide its full cabin telecommunications package for high-end interior outfitting.

Narita

Japan’s Narita International Airport is to open its first executive aviation terminal next year. The announcement, which was made at NBAA 2011 in Las Vegas on October 10, is an endorsement of the efforts Narita and the Japan Business Aviation Association have put into developing private aviation in the country.

BJT's Jennifer Leach and Jeff Burger

The entire team at Business Jet Traveler magazine is proud to announce that Jeff Burger, editor, received NBAA’s Gold Wing Award “for excellent and insightful reporting on the most important issues impacting business aviation.” Jennifer Leach is the BJT’s editorial director.

NBAA 2011 Floor Candids

A collection of miscellaneous pictures from the floor of the NBAA 2011 Convention.

NBAA 2011 Aircare

Aircare Solutions held a demonstration of the cabin fire trainer, which is used to practice putting out galley, cabin and lavatory fires.

NBAA 2011 Minsheng Signing

Charles Edelstenne, chairman and CEO of Dassault Aviation, and Kong Linshan, chairman of the board of Minsheng Financial Leasing, signed a memorandum of understanding (MoU) for 10 Falcon 7X and 10 Falcon 2000S business jets this morning at NBAA 2011 in Las Vegas.

NBAA 2011 Show Opening

A whole roster of aviation and political luminaries helped open the 64th edition of NBAA’s Annual Meeting and Convention at the event’s opening general session on Monday, October 10.

NBAA 2011

For the first time ever, NBAA has two static displays of aircraft, one at Henderson Executive Airport and the other right next to the Las Vegas Convention Center. Getting the aircraft to the Convention Center required the move by roadways during the wee hours of Thursday night and Friday morning.

NBAA 2011

NBAA has two static displays of aircraft, one at Henderson Executive Airport with 85 aircraft and the other right next to the Las Vegas Convention Center, with 14. At Henderson, all the major aircraft manufacturers are showing their latest and greatest, while several aircraft brokers have a good number of quality preowned aircraft for sale.

Bucking the general trend in the business jet market, Embraer’s light jets–the Phenom 100 and 300–continue to do well, so much so that they helped increase the company’s market share from less than 4 percent in 2008 to almost 20 percent today. And with its upcoming midsize Legacy 450 and 500, it expects to continue grabbing even more market share.

Embraer has two in-development midsize jets–the Legacy 450 and 500–that will be in service by the end of 2013.

Convergent Performance CEO Dr. Tony Kern has spent much of his life seeking to improve human factors in aviation. So when the NTSB put “unprofessionalism” of flight crews on its “Most Wanted” list, Kern pledged to work to remove this from the list. And so he started the Aviation Professionals pledge and has set a goal of 10,000 signatories by next year.

Tomorrow is press day at the NBAA Convention, which opens on Monday in Las Vegas, and there are a staggering 22 press conferences scheduled bewteen 8 a.m. and 4 p.m.

More Stories from NBAA 2011

October 15, 2011, 4:09 PM

The National Business Aviation Association unveiled its new Light Business Airplane (LBA) Flight Operations Manual Template in Las Vegas during the NBAA/Cessna Single-Pilot Safety Standdown.

October 15, 2011, 3:21 PM

The Civil Aviation Administration of China (CAAC) has certified Piaggio Aero’s P.180 Avanti and Avanti II, the Italy-based airframer announced at NBAA 2011 in Las Vegas.

October 15, 2011, 2:55 PM

Elbit Systems of America’s Kollsman Commercial Aviation announced at NBAA 2011 in Las Vegas that flight testing of its second-generation, enhanced-vision system, EVS II, is in progress on a Boeing 777 and that certifica

October 14, 2011, 4:04 PM

Hawker Beechcraft has received Brazilian certification for its Hawker 4000 business jet, the Wichita, Kan.-based company announced at NBAA 2011 in Las Vegas.

October 14, 2011, 3:34 PM

Winglet Technology of Wichita, Kan., introduced an elliptical winglet design specifically for the Hawker 200 and Premier I/IA light jets, and will offer the winglet for retrofit on existing Premier I/IA jets beginning in the first quarter of 201

October 14, 2011, 3:27 PM

Flight-training company Airline Transport Professionals (ATP) has agreed to buy up to 30 Piper Seminoles in a transaction that could be worth as much as $18 million.

October 13, 2011, 4:40 PM

Since it acquired 14 simulators from FlightSafety International on August 17, SimCom Flight Centers has been busy relocating, refurbishing and returning these devices to service at its Dallas and Orlando training centers.

October 12, 2011, 11:10 PM

Iacobucci HF, the Italian maker of galley appliance inserts, is continuing its venture into the aircraft seating business with the introduction at NBAA of a new business unit–Iacobucci Seat Division–to manage that endeavor.

October 12, 2011, 10:50 PM

Traffic is growing at the UK’s Cambridge Airport following a rebranding and change of management at the start of 2011. The privately owned facility has come to the NBAA show (Booth No.

October 12, 2011, 10:30 PM

The ranks of the Wyvern Wingmen are set to increase with 26 new and returning charter operators taking safety audits during the months of September and October.

October 12, 2011, 10:30 PM

Online charter portal Avinode (Booth No. C7818) is introducing a new suite of mobile applications for iPhones and iPads to put real-time aircraft availability data in the palm of the user’s hand.

October 12, 2011, 10:10 PM

The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in September. In the last quarter, the OEM drew down $1 billion of cash reserves against $211 of net income, double for the same period a year ago. Its market capitalization is $7 billion and the cash burn rate set off caution lights for stock analysts. The news is not cataclysmic; most now rate the company as “market perform,” but from early July through the end of September, Bombardier stock lost 43 percent of its value.

October 12, 2011, 9:50 PM

The Rockford Area Aerospace Network (RAAN), a committee of the Rockford (Ill.) area economic development council (RAEDC), is here at the NBAA show highlighting its “white-glove service” to the aerospace industry.

October 12, 2011, 8:50 PM

There is some real aviation pedigree gathered in Las Vegas for the 2011 NBAA show, but you won’t find a company with a richer heritage than France’s Daher-Socata, which this year marks its 100th anniversary in aircraft manufacturing. The company’s ancestor Morane-Saulnier was established in 1911–eight years after the Wright brothers took to the air for the first time. French family-run industrial group Daher, Socata’s current owner, is 150 years old itself. At the end of 2008, it acquired a 70-percent stake in Socata from the EADS group. The anniversary has been marked with a series of special events throughout 2011, but most notably by the introduction of a special centenary edition of its TBM 850 single turboprop business and utility aircraft.

October 12, 2011, 12:10 PM

Boeing has sold 205 BBJs based on all of its aircraft models and that includes its two newest widebodies: the 787 twinjet and the 747-8 Intercontinental, the latest iteration of its iconic jumbo quad jet. Twin-aisle jets now represent the majority of the BBJ backlog.

 
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