Values among many pre-owned aircraft began to stabilize this year, with some even appreciating while others sought traction amid slipping prices. This year will close having sustained a trend toward lowering inventory, and the impetus for continued tightening remains in place. Though interest rates are rising, they are low by historical standards, enabling buyers to secure attractive financing rates.
Annual special reports and features from AIN Publications, including the reports from the annual FBO and Product Support Surveys. Other topics include Completions and Refurbishment, Cabin Electronics, New Business Jets, New Regional Jets, New Rotorcraft, pilot reports of aircraft and others, as well as one-of-a-kind special reports on numerous other aviation topics.
It’s that time of the year when AIN’s editors cast our collective mind back over the people and the events that captured our attention through the past 12 months and inspired the thousands of manuscript pages that filled our 2004 issues. Despite (or because of) the U.S.’s preoccupation with a repeat of 9/11, it didn’t happen, and the turnaround in the fortunes of the U.S.
“We do many things for the industry throughout the year, but this is the one that makes me the most proud,” said James Hoblyn, v-p of Bombardier’s business aircraft division, during his opening remarks at the 2005 Safety Standdown held recently in Wichita. This year marked the Standdown’s ninth year, and the sixth year since it was opened to corporate pilots outside of Bombardier. “Safety Standdown continues to grow in size and reputation.
ellers of used turboprops, many of whom AIN contacted at last month’s NBAA Convention in Orlando, Fla., generally remain optimistic that the turnaround that began last year will continue well into next year.
Looking back on the past year, no one could have predicted just how active the pre-owned market would be. While the last quarter’s final tally is pending, sales transactions for the previous three quarters suggest that this year’s totals are on a trajectory that will likely eclipse each of the year-end totals for the previous five years.
The upgrade parade that has been a hallmark of recent NBAA Conventions continued to march along pretty much unabated at last month’s show in Orlando, Fla., where no fewer than seven new models made triumphant debut appearances, but only one entirely new airplane bowed in–and it was a very light jet (VLJ) from a start-up company few people had ever heard of before the show.
The first 25 years of the European Regions Airline Association (ERA) has been a story of “bold creativity, progressive thinking and community service,” according to ERA president and Aegean Airlines COO Antonis Simigdalas.
Engine manufacturers are ready to benefit from the hot market for new business aircraft and helicopters in the coming decades. In addition to established manufacturers–General Electric, Honeywell, Pratt & Whitney Canada, Rolls-Royce, Turbomeca and Williams–several new OEMs will be introducing their own models to the market.
With very light jets (VLJs) expected to enter service by this time next year, turboprop singles are now meeting the contender face-to-face in the marketplace. It was bound to happen, given that the two different classes of airplane have similar range capabilities, cabin volume and acquisition costs.