The U.S. executive charter market enjoyed a markedly stronger month in February than during the same month a year earlier, according to the latest data from online charter booking portal CharterX. Midsize jets showed the strongest recovery, with a 25.9-percent year-over-year increase, to 15,509 flight hours.
AINalerts » March 2, 2010
The second Gulfstream G650–known as test article two, or T2 for short–completed its maiden flight from Savannah/Hilton Head International Airport in Savannah, Ga., at 12:50 p.m. last Thursday. T2 was piloted by senior Gulfstream experimental test pilots Gary Freeman and Scott Buethe, who took the second wide-cabin, ultra-long-range G650 on a two-hour and 33 minute initial jaunt from Gulfstream’s Savannah headquarters.
On the eve of the India Aviation Conference on Civil Aviation, business aviation market advisor Brian Foley said business jet deliveries in India are healthier than in most Western countries but the volume isn’t on par with mature markets. However, the president of Brian Foley Associates noted that India’s growing share of business jet deliveries has clearly caught the attention of aircraft manufacturers.
A federal judge for the District of Columbia has ruled that aircraft tail numbers submitted for blockage under NBAA’s Block Aircraft Registration Request (BARR) program must be made available in response to a request under the Freedom of Information Act (FOIA). But the ruling does not permit the disclosure of real-time flight data, historical data or operator names.
NetJets lost $711 million last year and is so debt-laden that without parent-company Berkshire Hathaway’s guarantee of this debt, “NetJets would have been out of business,” Berkshire Hathaway chairman Warren Buffett said in his annual letter to shareholders on Saturday. In 2008, the fractional aircraft provider recorded $213 million in pre-tax earnings.