Airbus and Boeing released their outlooks for the Indian airliner market over the next two decades on at the India Aviation show in Hyderabad this week, with both OEMs estimating different figures.
Bombardier Business Aircraft is confident India’s general aviation market will revive following national elections in India that are to be held during April and May. Nilesh Pattanayak, Bombardier’s Asia-Pacific regional vice-president said there has been a big change in the regulatory environment and infrastructure since 2007, when he first came to India.
As already reported by AIN, Dassault Aviation will launch a new Falcon business jet at May’s EBACE show in Geneva. At a press conference in Paris on Thursday to announce its annual financial results, the French group’s CEO, Eric Trappier, confirmed its intention to introduce an aircraft currently being developed under the name “M 1000” but declined to give any other details.
Eclipse Aerospace (EAI) marked the official start of customer deliveries for its Eclipse 550 very light jet Wednesday, as company CEO Mason Holland handed over S/N 265 to Louisiana businessman Fred Phillips at the company’s Albuquerque, N.M. headquarters.
More than 1,000 delegates attending the March 11 to 13 IATA World Cargo Symposium in Los Angeles heard a downbeat assessment of prospects for airfreight from FedEx chairman and CEO Fred Smith and IATA chief economist Brian Pearce, both of whom talked of long-term structural challenges.
As the April deadline approaches for European policymakers to decide whether to extend the Emissions Trading Scheme (EU ETS) to international operators again, a significant step has been taken in the opposite direction.
Infrastructure and regulatory issues continue to stifle general aviation in India, and for the first time in a decade the industry contracted by one percent last year, according to Rohit Kapur, president of the country’s Business Aviation Operators Association (BAOA).
Kapur told a press conference at this week’s India Aviation show in Hyderabad that 13 aircraft were imported into the country last year and 19 were sold.
At its 57th annual convention on Thursday, the Aircraft Electronics Association (AEA) announced that 2013 worldwide general aviation avionics sales reached a total of more than $2.4 billion. This is 6.9 percent higher than the comparable 2012 number. Of the $2.4 billion in sales generated last year, 54 percent were for forward-fit (new aircraft) and 46 percent for retrofit (aftermarket). “There are many signs for our market recovery,” said Paul Derks, AEA president.
The second annual Nigerian Business Aviation Conference, to be held in Lagos on March 27-28, is expected to see increased attendance, reflecting the west African country’s position as a hot-spot for industry growth. New topics such as an aircraft owner’s panel and a discussion of the aviation needs of the oil and gas sector have been added to an agenda that already covers topics such as regulator issues and aircraft finance.
North American flight activity experienced its traditional February lull, according to data provider Argus in its monthly TraqPak report. Part 91, 135 and fractional flights were down 3.7 percent overall last month from the previous month, but those numbers were up half a percentage point compared with the previous February. The small-cabin fractional market saw a year-over-year increase of nearly 20 percent, the second straight month the segment had the largest growth.
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