Minsheng Financial Leasing (MSFL), Asia’s largest business jet leasing firm, announced nearly $3 billion in orders with Gulfstream and Bombardier today at ABACE 2014 in Shanghai. It placed the orders from both OEMs in the fourth quarter.
AINalerts » April 15, 2014
A roster of leading aviation officials from Asia and the U.S. took the stage this morning for the opening session of ABACE 2014, welcoming attendees and exhibitors to what Shanghai Airport Authority president Li Derun called “the must-attend event” for the business aviation industry.
Nextant Aerospace announced today at ABACE 2014 that it selected Avic International Aero-Development as its exclusive sales representative for Greater China, which includes mainland China, Hong Kong, Taiwan and Macau. This follows Nextant’s appointment of Nextant Pacific as its dealer in the Asia-Pacific region, exclusive of Greater China.
Cessna Aircraft’s Citation Latitude prototype has logged more than 65 hours over some 30 flights since making its maiden jaunt on February 18, Textron Aviation senior vice president of business jets Chris Hearne told AIN today at ABACE 2014.
Sikorsky is proceeding with the second phase of flight-testing for its Sara demonstrator, an S-76 fitted with special equipment to expand operational automation.
The Civil Aviation Administration of China (CAAC) issued a validation type certificate for the Sikorsky S-76D, allowing the U.S. manufacturer to begin deliveries of the helicopter to Chinese customers. The approval, announced yesterday at ABACE 2014 in Shanghai, follows earlier CAAC validation of the S-76A and S-76C models. More than 30 Sikorsky S-76-series helicopters currently operate in China. Yunnan Jingcheng Group will be the first company in China to take delivery of an S-76D, scheduled for this month.
Beidahuang General Aviation of Harbin, China, signed for a Beechcraft King Air C90GTx today at ABACE 2014, an order that was brokered through Textron Beechcraft’s channel partner in China, Avion Pacific. The C90GTx will join a fleet of nearly 90 business aircraft operated by Beidahuang General Aviation, which is a subsidiary of Chinese state-owned agribusinesses conglomerate Beidahuang Group. Beidahuang General Aviation plans to use the turboprop twin for personnel transport and aerial survey. The company’s fleet of helicopters and airplanes logs more than 10,000 hours per year.
Dassault Falcon saw greatly improved sales in China last year, and this year is shaping up to be strong as well, it said today at ABACE 2014. The company attributes this success in China to its investment in product support, marketing and customer service. Its customer service efforts are managed through Dassault Falcon’s wholly owned foreign entity, which is staffed by Chinese-speaking employees.
The China Business Aviation Group (CBA) and Utica, N.Y.-based JetNet agreed to develop a program to provide the latter company’s aviation database and information services to business aviation users throughout Greater China. JetNet’s database includes information on airframes, engines, avionics and cabin amenities, as well as details on aircraft owners, operators, lessors, lessees, share owners in fractional programs and transaction histories dating back more than 25 years.
Pete Reynolds, 69, the former Bombardier Learjet chief flight-test pilot, died on Thursday. He will be inducted into the Kansas Aviation Hall of Fame–as previously scheduled, but now posthumously–tonight at a ceremony hosted by the Kansas Aviation Museum and Wichita Aero Club. Reynolds played a major role in the development, testing and certification of virtually every Learjet model between 1973, when he joined Learjet, and 2003, when he retired. He spent the last eight years of his tenure with Bombardier as the vice president of flight test.