Business

July 23, 2014 - 9:20am
Gatwick Airport tower

Gatwick Airport, the second largest airport in the UK, plans to award German state-owned air navigation service provider DFS a 10-year contract to provide air traffic and approach services around the airport, located 28 miles south of London. The new airport tower services contract begins in October 2015

July 22, 2014 - 2:50pm

Andrew Taylor, executive chairman of Enterprise Holdings and an advocate for business aviation, will be a featured opening-session speaker at this year’s NBAA Convention, which will be held from October 21 to 23 in Orlando, Fla. “We are pleased that Andrew will share his perspectives on how business aviation has supported the growth of his company and helped it be more efficient, productive and successful in a highly competitive global marketplace,” said NBAA president and CEO Ed Bolen.

July 21, 2014 - 1:30pm

In response to the apparent shooting down of Malaysia Airlines Flight MH17, the International Air Transport Association (IATA) denied even the possibility that any airline risks the safety of its passengers, crew and aircraft for the sake of saving fuel by taking the most direct flight routings. “Airlines depend on governments and ATC authorities to advise which airspace is available for flight and they plan within those limits,” said IATA director general and CEO Tony Tyler on July 18.

July 21, 2014 - 8:17am
U.S. government officials at Farnborough Airshow

The U.S. government has nearly completed revising its export controls for aerospace-related products, but it has not resolved how to manage exports of unmanned aircraft systems (UAS) and components, senior officials said last week at the Farnborough International Airshow.

July 21, 2014 - 7:21am

The sun shone on the 2014 Farnborough International Airshow and exhibiting airliner manufacturers and engine suppliers certainly took every opportunity to make hay while the sun was shining, logging orders totaling almost $168 billion (according to AIN estimates).

July 17, 2014 - 3:10pm

Second-quarter revenues at Textron Aviation, which includes Cessna and Beechcraft, climbed $623 million year-over-year, to $1.18 billion, reflecting the Beechcraft acquisition in late March and higher jet deliveries. Textron Aviation delivered 70 turbine business aircraft during the quarter–36 Cessna Citations and 34 Beechcraft Kings Airs, up from 20 jets and 14 King Air turboprops in the same period last year.

July 17, 2014 - 2:58pm

Piaggio Aero announced the first major order for its Avanti EVO this week at the Farnborough International Airshow, with Hong Kong-based Bravia Capital signing an order for 10 aircraft with options for another 40. Deliveries are scheduled to begin in the first quarter of next year. The aircraft will operate in the U.S., primarily in what Bravia CEO Bharat Bhise described as the “up to three-hour” market sector.

July 17, 2014 - 2:51pm

Miami, Fla.-based World Fuel Services (WFS) bolstered its general aviation offerings, having signed an agreement to purchase contract fuel and international trip planning provider Colt International. Colt, founded in 1999, serves 5,700 flight departments.

July 17, 2014 - 2:33pm

Regional fractional provider Executive AirShare’s operating arm, Executive Flight Services, earned International Standard for Business Aircraft Operations (IS-BAO) certification. Executive Flight Services earned IS-BAO Stage One certification following an audit of its safety management system, organization and personnel, standard operating procedures, training programs, flight operations, aircraft equipment and maintenance requirements. Executive AirShare operates 50 aircraft in its fractional and managed fleets from bases in six Central U.S. cities and Buffalo, N.Y.

July 17, 2014 - 8:42am

A commitment today for 12 A330neos and eight A330s from Russia’s Transaero gave Airbus its sixth customer for the re-engined widebody, launched with a memorandum of understanding from Air Lease Corporation for 25 units on the first day of the show. It also concluded a sales rally by Airbus that resulted in the company winning business worth $75 billion, making this the most commercially successful Farnborough show in its history.

 
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