Zenith Jet created a stir in the industry last year when it debuted its first “bottom up” business aviation forecast. And it didn’t pull any punches in its second annual bizjet forecast, a detailed 40-page report released last Wednesday that predicts 11,103 business jets worth $240 billion will be delivered over the next 10 years, with a peak in 2016 and trough in 2018.
AINalerts » May 15, 2011
EBACE exhibit stands are still being assembled and the static display area is still mostly bare at the Geneva Palexpo convention center, but some key industry players are predicting the show will mark a turning point for the business aviation industry. “I think this show will be about optimism,” said Jahid Fazil-Karim, a partner at Raleigh, N.C.-based global aircraft brokerage Jetcraft.
Honeywell’s EASy II upgrade for the Falcon 900 EASy received FAA technical standard order (TSO) approval from the FAA and is slated for certification in the 900 EASy later this year.
The confrontation between LightSquared and the U.S. government and industry GPS interests is heating up. LightSquared was able to obtain an FCC waiver of its satellite broadcast license to build a supplemental terrestrial transmitter network for broadband wireless. The GPS community claims that LightSquared’s plan, using a radio frequency close to that of GPS, will create interference. On Friday, Rep.
Bombardier on Thursday renamed its Global Express XRS with the new Global Vision flight deck as the Global 6000. The move is not all that unexpected given that the model became sandwiched between the Global 5000 and the Global 7000 and 8000, the latter two being announced in October at the NBAA Convention.