Deer Jet, China’s largest fleet operator, has launched its “General Aviation Equity Fund,” with the goal of increasing investment in general aviation services, such as FBOs and MROs, in China. The fund is anticipated to generate 2 billion RMB in investment capital in the first round, towards a total of 5 billion RMB. Deer Jet announced the fund here at ABACE 2014
Gal Aerospace has completed the acquisition of AeroQuest of Lawrenceville, Ga. AeroQuest provides aircraft interior components manufacturing and specializes in turnkey products for business and commercial aircraft, including showers, countertops, window shades, cabinetry and cabin peripheral panels. The company offers both build-to-print and design-to-build services.
The private aircraft financing market in China has matured over the past several years with many sources of funding available for those wishing to purchase airplanes according to the experts here at ABACE. “I don’t think there is any lack of financing alternatives available,” said Jeffrey Lowe, general manager of aircraft ownership consultancy Asian Sky Group. “Pretty much all the international lenders are here and all the Chinese lender banks are involved in business aviation as well. A lot of them have set up leasing arms, so they are all diving in head first.”
On the heels of their agreement signed at the Dubai Air Show in November, Dubai-based trip support company Skyplan Services (Booth H327) and China-based Oriental Sky Aviation (OSA) are exhibiting together for the first time here at ABACE 2014.
To supplement its service and support presence in the Asia-Pacific region, Gulfstream opened a customer support contact center at its Product Support Asia headquarters in Tung Chung near Hong Kong International Airport. The center will initially focus on over-the-counter sales and warranty support. Technical operations personnel, to include avionics/electrical and technical/mechanical systems specialists for all Gulfstream models, will be added later this year.
The OEM has maintenance technicians at the Gulfstream Beijing service center to perform the work.
Honeywell (Booth P310) announced yesterday at ABACE 2014 that it has expanded its Asia-Pacific aftermarket support efforts, thanks to an agreement with Bombardier’s Singapore service center, which will offer retrofit, modification and upgrade (RMU) services for Honeywell products.
Dassault Falcon Jet plans to bolster its parts inventory in China three-fold this summer, to 3,000 items worth $13 million. “China presents a unique set of business challenges that Dassault has been able to negotiate successfully thanks to a healthy relationship we have with the Chinese authorities. This level of parts commitment is just one example of our long-term dedication to this market,” said John Rosanvallon, president and CEO of Dassault Falcon Jet.
Miami, Florida-based online flight operations system provider SchedAero (Avinode, Booth H430) announced here at ABACE 2014 it has received recognition from the Indian Directorate General of Civil Aviation (DGCA) as an electronic record keeping system for Flight and Duty Times.
DGCA requirements mandate that operators have a secure and transparent computerized system with an online portal that the agency can use to monitor their operations. SchedAero is a subsidiary of aviation data and charter marketplace portal provider Avinode.
RBR Maintenance has hired Kenneth “Bo” Slajar as a Hawker crew chief. Slajar’s aviation career started in 1985, leading to a 20-year career in the U.S. Navy working on F/A-18 fighters. While in the Navy he attended Navy leadership school, general airframes and corrosion control school, and aircraft firefighting school. He retired in 2005 as an Aviation Mechanic First Class–E6. In corporate aviation he has worked for various companies and gained experience on Citations, Gulfstreams, Learjets, Challengers, King Airs and Beechjets but he specializes in Hawkers.
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