Business

May 3, 2012 - 12:40am

Dennis Keith, president and owner of Jet Solutions, has been selected as chairman of the Air Charter Safety Foundation. He succeeds Jim Christiansen, whose term expires at the end of June.

May 2, 2012 - 11:30am

The world market for PMA Parts will reach $749 million by the year 2017, according to a report from Global Industry Analysts of San Jose, Calif. PMA Parts–A Global Strategic Business Report predicts the robust gains will be driven by Southeast Asia, Eastern Europe and South America.

May 2, 2012 - 11:26am

Propulsion International has rolled out a new group maintenance plan (GMP) for operators of aircraft powered by Honeywell’s TPE331-10 (and higher dash numbers). One of the first programs offered is for owners of Twin Commander turboprops, but Propulsion International is also offering GMP to Mitsubishi MU-2 and other TPE331 owners, including fleet operators.

May 2, 2012 - 11:24am
Gama Support Services is expanding its U.S.-based MRO business to include corporate aircraft maintenance and support and is currently focusing its efforts on its West Palm Beach, Fla. facility.

Gama Support Services is expanding its U.S.-based MRO business to include corporate aircraft maintenance and support. It has been building its Bridgeport, Conn.; Teterboro, N.J.; and West Palm Beach, Fla. infrastructure since 2009 toward that goal. Tom Connelly, Gama’s president, told AIN the company maintains its own U.S.-based fleet of 40 managed aircraft under Part 135 and added Part 145 to take in outside business.

May 2, 2012 - 11:21am

Eurocopter has purchased an 80-percent stake in the new Sabadell Helicopters Service Center (SHSC). The OEM cited the move as part of a continuing strategy of industrial expansion in Spain. SHSC will have an initial staff of 35 technicians based at its Sabadell Airport facility near Barcelona to support all civil helicopter fleets.

May 2, 2012 - 11:05am

West Star Aviation recently announced Julie Timmons has accepted the position of corporate aircraft interior sales manager at its East Alton facility located on St. Louis Regional Airport. Timmons began her career in corporate aircraft interior/exterior modifications more than 20 years ago and has held various positions with managerial and direct customer interaction. In her new position she will be responsible for overseeing all interior and exterior projects at the East Alton facility.

May 2, 2012 - 5:50am
Abace 2012 static

The rebirth of the Asian Business Aviation Conference & Exhibition (Abace) in Shanghai was, by common consent, a resounding success–especially considering the many challenges that organizer NBAA faced in running a modern trade show in China’s main business city. The March 27-29 event drew 156 exhibitors in a 43,000-sq-ft space provided by Shanghai Hawker Pacific Business Aviation Service Centre at Hongqiao Airport. The static display was populated by some 27 aircraft and was overlooked by eight exhibitor pavilions occupied by companies too large to exhibit inside the main hangar.

May 2, 2012 - 3:50am

Cessna’s new Citation M2 will share a production line with the Citation Mustang in Independence, Kan. “We have capacity there,” said Brian Rohloff, Cessna business leader for the Mustang and M2 programs.

May 2, 2012 - 12:20am

Strong deliveries of the S-92 medium twin will boost civil activity at Sikorsky this year, according to recently released 2011 results and 2012 outlook. President Jeff Pino is expecting S-92 handovers to leap by 42 percent and overall civil deliveries by approximately 30 percent.

This year’s plans call for delivery of approximately 260 civil and military rotorcraft, with civil revenue expected to exceed $1.1 billion. Operating profits are predicted to be in the $50 million to $75 million range, down from $820 million last year.

May 1, 2012 - 4:25pm

Attendees at the National Aircraft Financing Association annual meeting late last week in Savannah, Ga., largely agreed that aircraft financing is “thawing,” but new international banking rules that will start to be phased in next year might make things worse.

 
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