Eurocopter is unveiling today at EBACE two new versions of the EC175 medium-twin helicopter, a VIP and executive variant. Designed by Peder Eidsgaard of Pegasus Design, a designer of business jet and super yacht interiors, the cabins will combine “flowing lines, symmetry and harmony in materials and colors,” according to Eurocopter.
Gulfstream Aerospace announced yesterday at EBACE that it is bolstering its sales, marketing and aircraft support presence in Europe as the Gulfstream fleet continues to expand, apparently unabated by any lingering economic uncertainty. In fact, there are now 246 Gulfstreams based in Europe–182 in Western Europe and 64 in Eastern Europe–more than double the number as recently as 2006, the U.S. aircraft manufacturer said.
One of the largest aircraft on display here at EBACE is a McDonnell Douglas MD-83 operated by Athens-based Amjet Executive (Booth 819), which has its charter business located here in Geneva. The aircraft is fresh out of the workshop having undergone a major overhaul that has turned an airliner workhorse into a VVIP transport that is fit for a head of state.
Since it exited a 10-month restructuring process and Chapter 11 protection in February, the rebranded Beechcraft (formerly Hawker Beechcraft) has performed well and is even looking at possible new models to bolster its turboprop line-up.
Nextant Aerospace has chosen EBACE to launch the 400XTi (the ‘i’ stands for innovation), the latest evolution of the remanufactured light business jet. Compared to the 400XT, the new version introduces a number of improvements, including an all-new cabin that offers more space and reduced noise.
Boeing’s recent assertion that the appetite of capital markets to fund airliner orders has increased comes as especially welcome news to manufacturers and their customers at a time when other sources of funding seem under pressure. Export credit, in particular, now comes generally at higher interest rates and with tougher equity requirements. At the same time, such government-backed capital has become a hostage to global politics, according to Kostya Zolotusky, managing director for capital markets development and leasing at Boeing Capital.
Although business has been tough for UK helicopter charter companies in recent times, Capital Air Services is in the process of increasing its managed fleet with the addition of two Sikorsky S-76++ helicopters. This will bring the S-76 fleet to three, to operate alongside a Eurocopter EC155 and a pair of EC135s.
A pair of major new suppliers for Embraer’s next-generation E-Jets identified themselves last week in a sign that program advancement continues apace despite the airframer’s reservations about communicating any details about its plans for an industrial launch or even performance specifications.
U.S. airlines have managed to stay profitable during a period of recession and spiking fuel prices, but small- and medium-sized airports have paid the price in reduced domestic air service, according to a Massachusetts Institute of Technology (MIT) study.
A major restructuring at Air India has cut loss-making routes to 25 percent of its network in the fiscal year ending March 2013, down from 69 percent in the previous year. The airline attributes the improvement to a series of steps taken to cut costs, restructure loans, strengthen management and liquidate assets, including the spin-off of engineering and ground handling as independent profit centers.