Gulfstream’s newest jets–the super-midsize G280 and wide-cabin G650–are making their China debut at ABACE, which officially opens tomorrow at Shanghai Hongqiao Airport. “We’re excited to bring the G650 and G280, as well as the G150, G450 and G550 to China for our customers to see in person,” said Gulfstream senior vice president of sales and marketing Scott Neal. “Bringing these five aircraft here demonstrates the commitment we’ve made to China and reflects our belief in the strength of this market.”
Charter and Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
NetJets’ joint venture in the People’s Republic of China is making headway since announcing its entry into the country’s private aviation market during last year’s ABACE. “We are continuing to make great progress in gaining approval from the Chinese government to establish operations in China,” NetJets told AIN. “We are on target now to have approval in the first quarter of 2014.”
Demand for charter flights in Asia has grown significantly from the first quarter of 2012 through the first quarter of 2013, according to online charter marketplace Avinode (Booth H308). The number of available aircraft in the Asia region has climbed nearly 50 percent during that time period. “This marks a significant upturn from the 5-percent growth recorded over the previous year,” the company said.
VistaJet is working hard to get its new Chinese joint venture up and running by the end of 2013. In January, the operator established an office in Hong Kong and it has now staffed this with a sales team. The next step will be to establish a representative office in Beijing with its joint venture partner and it has begun the licensing process to establish a Chinese air operators’ certificate (AOC) and register some of its aircraft in the country.
NetJets says that it has made good progress with its joint venture in the People’s Republic of China since announcing its entry into the country’s private aviation market during last year’s ABACE. It will begin by managing and chartering aircraft that are wholly owned by customers, rather than launching into fractional ownership as it did several years ago in the U.S. and Europe. However, fractional aircraft and card services may be added later as the market for private aviation services in China continues to develop, it noted.
On March 26 an NBAA and NATA working group met with Internal Revenue Service (IRS) officials to discuss the Federal Excise Tax (FET) issue. IRS auditors are applying the FET to management fees and expenses paid by Part 91 (non-commercial) operators to management companies.
Aircraft charter demand in North America and Europe is up significantly this month from both a year and a month ago, according to the latest data from online charter portal Avinode.
London Gatwick-based Air Partner played a leading role in a major logistics operation when Land Rover chose Marrakech, Morocco, to present its new, fourth-generation Range Rover to some 7,000 dealers from 53 countries. The operation was carried out in conjunction with the UK car manufacturer and marketing agency P&MM.
Air Partner wet-leased two Airbus A319s from Adria Airways of Slovenia to make 126 dedicated charter flights over 60 flying days covering a period between September and mid-December last year. Air Partner has not advertised its involvement until now.