Global business aviation flight activity grew by 4 percent last year, according to JSSI’s 2013 year-end Business Aviation Index, which tracks the number of hours that business aircraft have flown by region, industry and aircraft type. This exceeds the 2.9 percent worldwide GDP growth that the International Monetary Fund estimates for 2013, JSSI said.
The White House Fiscal Year 2015 budget, released today, yet again includes a $100-per-flight user fee for air traffic services, with exemptions for military, public and piston aircraft, as well as air ambulances, aircraft operating outside controlled airspace and Canada-to-Canada flights. According to the White House, “The revenues generated by the surcharge would be deposited into the Airport and Airway Trust Fund.
NetJets accounted for more than a third of the revenue increase at Berkshire Hathaway’s “other service” businesses last year, according to the parent company’s year-end results released on Saturday. The division, which also includes FlightSafety International and several other non-aviation companies, saw revenues climb by $821 million, to $9 billion, with NetJets’ share rising by $288 million–up 7.5 percent year-over-year–thanks to higher sales of fractional aircraft shares.
Trip support group UAS is boosting its ability to help operators across Africa with the opening of a new headquarters for the continent located in Johannesburg, South Africa. The new facility will be managed by Wynand Meyers, the Dubai-based group’s newly appointed director of business development for Africa.
Signature Flight Support acquired the FBO assets of the Jets facility at London Biggin Hill Airport last week. Jets will continue to operate its core business of aircraft maintenance, repair and overhaul, while Signature will own and operate the FBO assets.
Rick Ochs, chairman of Columbus, Ohio-based Spirit Aeronautics, knew he wanted to work in aviation since high school. Doggedly pursuing his dream, Ochs holds FAA certificates for airframe mechanic and repairman, an FCC license, an NCATT Aircraft Electronics Technician (AET) rating, and is an instrument-rated pilot who flies his company Cessna 182 to make sales and service calls.
Several completion and refurbishment centers are preparing infrastructure enhancements and consolidation to meet shifting demand for services. Spirit Aeronautics of Columbus, Ohio, is adding a 17,860-sq-ft hangar to its Port Columbus International Airport campus to support the expansion of its refurbishment services.
Following its first full year of independent operations, the UK’s BMI Regional reported a so-called trading update and 2014 outlook in late January, under which it announced the launch of new intra-Scandinavia services involving several new destinations, a doubling of capacity on its Aberdeen-Oslo route and this month’s launch of Newcastle-Brussels service.
Japan’s expansion of the international terminal at Haneda Airport in the Tokyo metropolitan area bolsters route expansion plans by its two major carriers, ANA and Japan Airlines (JAL).
Etihad Airways appears close to making a final decision as to whether or not to buy an equity stake in Alitalia. Speaking during a March 3 conference call about the Abu Dhabi-based airline’s latest quarterly financial results, CEO James Hogan confirmed that Etihad has entered the final stage of due diligence in evaluating the struggling Italian flagcarrier.