Business

April 15, 2014 - 9:30am

The China Business Aviation Group (CBA) and JetNet of Utica, New York, will develop a program to provide JetNet’s aviation database and information services to business aviation users throughout greater China. The two companies signed an agreement to form the strategic alliance at ABACE 2014 on Monday.

April 15, 2014 - 9:10am

Aerochine Aviation, an independent representative of Bell Helicopter for China, Hong Kong and Macau, signed a purchase agreement for five more Bell 505 helicopters yesterday at ABACE 2014. Shortly afterwards Aerochine signed another agreement to buy two more Bell 407s.

April 15, 2014 - 6:45am

Richard Smith, director-general of the Civil Aviation Authority of the Cayman Islands (CAACI), is leading the delegation of this first-time ABACE exhibitor (Booth H523). He is accompanied by Steve Scott, CAACI flight operations manager, and Guy Healey, airworthiness manager. The Authority considers ABACE an opportunity to connect with aircraft owners, operators and key decision-makers in both the Chinese market and Asian region. The emerging business aviation market in China is synergistic with the affluent target market for the Cayman Island Aircraft Registry, according to CAACI.

April 15, 2014 - 12:02am

Nextant Aerospace is announcing today at ABACE 2014 that it has selected AVIC International Aero-Development as its exclusive sales representative for the Greater China region (China, Hong Kong, Taiwan and Macau). This follows Nextant’s appointment of Nextant Pacific as its dealer in the Asia-Pacific region (not including Greater China).

April 14, 2014 - 9:30pm

Comlux has won a contract to conduct major maintenance and refurbishment work on a Boeing Business Jet “bizliner” based in Asia. The airliner-size business aircraft, operated on behalf of its private owner by Hong Kong-based management company Sino Jet, is due to arrive at the Comlux America completions center in Indianapolis during the second quarter of 2014 and will spend four months there.

April 14, 2014 - 10:55am

NBAA president and CEO Ed Bolen and Shanghai Airport Authority president Li Derun signed a memorandum of agreement at ABACE 2014 today to keep the annual Asian business aviation show at Shanghai Hongqiao Airport until at least 2021. The agreement doubles the life of the original five-year arrangement signed by the parties in June 2011. NBAA organizes the event in partnership with the Shanghai Airport Authority, with the Asian Business Aviation Association (AsBAA) co-hosting the event.

April 14, 2014 - 10:45am

The Greater Chinese business jet fleet grew 21 percent last year, to 371 aircraft, according to the latest data compiled by Hong Kong-based aircraft sales, management, charter and consultancy firm Asian Sky Group. From 2007 to 2013, the fleet expanded at a compound annual growth rate of 34 percent, significantly more than the global rate of 5 percent.

April 14, 2014 - 10:40am

Today at ABACE 2014, Airbus Corporate Jetliner introduced the ACJ319 Elegance, which offers a new modular cabin that still allows customers to choose from many lounge, office, dining and conference configurations. The Elegance is aimed at customers who don’t want to invest the time and effort in making the nearly endless design decisions for a bizliner.

April 14, 2014 - 10:35am

Cessna Aircraft announced a 10-aircraft order for float-equipped Grand Caravan EXs today at ABACE 2014 from Beijing-based Reignwood Group for tourism services in China. The company agreed to acquire the amphibian turboprop singles through the Cessna-Avic Shijiazhuang facility, which has been assembling Cessna Caravans for the Chinese market since late last year.

April 14, 2014 - 10:20am

Cessna Aircraft received Civil Aviation Administration of China certification today for the Citation XLS+, clearing the way for deliveries in China. This certification is another step toward beginning operations at Cessna-Avic Aircraft Zhuhai for final assembly and delivery of Citation XLS+s to customers in China. Approval of the business license for the Cessna-Avic joint venture is expected from the Ministry of Commerce of China this summer, Cessna said.

 
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