Embraer delivered 53 business jets in the fourth quarter, closing the year with shipments of 119 executive jets (90 light and 29 large) and meeting its 2013 delivery guidance. At year-end, its firm-order backlog for both executive jets and airliners stood at $18.2 billion.
News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine powered airplanes and helicopters. Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
Conklin & de Decker released the 2014 version of its Life Cycle Cost aircraft budgeting and financial analysis tool, which includes ownership and operating cost data for more than 400 business jets, turboprops, helicopters and piston aircraft. Specifically, it shows aircraft acquisition costs, operating costs, taxes and final residual values. According to Conklin, database prices are $795 for jets, $625 for turboprops or helicopters and $475 for pistons. A single-aircraft version is also available for $250 per aircraft.
After a slight slump in November, business aircraft activity last month climbed 5.1 percent year-over-year, according to the latest TraqPak data from aviation services company Argus. Numbers were positive nearly across the board, hopefully positioning business aircraft flying off to a good start for this year.
Beechcraft celebrated the 50th anniversary of the first flight of the King Air 90 prototype yesterday with three-aircraft formation fly-bys of the company’s current-production King Airs–the C90GTx, 250 and 350i–over its home base at Beech Field in Wichita. The King Air is the best-selling business aircraft in the world, with nearly 7,200 delivered and more than 60 million flight hours logged worldwide.
Bombardier Aerospace delivered 180 business jets last year, up one from 2012. However, the Canadian aircraft manufacturer missed its 2013 guidance by 10 business airplanes, “mainly due to the transition from the Learjet 40XR and Learjet 45XR to the Learjet 70 and Learjet 75, which entered service in the fourth quarter.” The company originally expected deliveries of these revamped light jets to start in the third quarter. It shipped 29 Learjets, 89 Challengers and 62 Globals last year, compared with 39 Learjets, 86 Challengers and 54 Globals in 2012.
Business aircraft financing and leasing has continued to be a “much more challenged marketplace,” according to Bank of America Merrill Lynch managing director and head of global corporate aircraft finance Michael Amalfitano, who will be moderating a panel on this topic at the upcoming NBAA Aircraft Registration, Finance and Legal Conference. The event will be held in St. Petersburg, Fla., on February 6 and 7.
Embry-Riddle Aeronautical University (ERAU) and Dassault Falcon renewed their collaboration on education, research and business projects for another three years. Under the previous three-year agreement, Dassault and ERAU’s College of Engineering established the Dassault Design Institute at the university’s Daytona Beach, Fla. campus, where engineering undergraduate students determined the environmental impact and performance efficiency of different business jets.
Harry Houckes, NBAA’s U.S. Southeast regional representative and one of the founding leaders of the association’s regional representative program, will retire on February 12 after more than 12 years of service at NBAA. Houckes represented the interests of NBAA members in Alabama, the District of Columbia, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.
Daher-Socata deliveries rose by 5 percent last year, with 40 TBM 850s handed over to customers, the French aircraft manufacturer announced today. This represents a 20-percent share of the turboprop market, up from 18 percent in 2012, and marks the fourth-best year for the company’s TBM since it entered service in 1990. The 2013 deliveries bring the total number of TBM-series aircraft received by customers to 662, of which 338 are current-production TBM 850s.
For the fourth year in a row, NBAA’s Schedulers and Dispatchers Conference has given back to its host city in the form of its “Pay It Forward” charity drive, collecting some 525 pieces of gently used business attire to donate to local charities.