Bombardier’s first-quarter financial results, released this morning, show a decline of company-wide revenue from $4.7 billion to $3.5 billion year over year for the Canadian manufacturer, while revenues for its aerospace division decreased from $2.2 billion to $1.5 billion. “As anticipated, we had lower revenues in the first quarter,” said president and CEO Pierre Beaudoin.
Over the past year some 50 European business jets–roughly 2 percent of the continent’s bizjet population–have been sold to other parts of the world, where fleets have grown by 3 percent, according to business aviation consultant Brian Foley. The majority–79 percent–of these aircraft have found new homes in North America, mostly in the U.S. and Canada. Meanwhile, the rest have gone to Africa (7 percent), Australia (5 percent), South America (5 percent) and Asia (4 percent).
The fleet of Embraer Phenom 100 light jets reached a combined 100,000 flight hours this week, the Brazilian aircraft manufacturer announced yesterday. The notch comes 3.5 years after the aircraft type entered service. “This is a significant milestone achieved in such a short time,” said Embraer Executive Jets program vice president Luciano Castro. “The success of the aircraft, with 240 now in service worldwide, results from its flexibility in being able to meet the needs of diverse customers.”
Bombardier Aerospace is conducting a Learjet 60XR demo tour this week in Poland. The tour, which started yesterday, is being done in conjunction with Polish-based charter firm Blue Jet, with stops for private viewings planned in Wroclaw, Krakow, Warsaw, Poznan and Gdansk, as well as a media viewing during the Warsaw leg. “This is an exciting tour for Bombardier and Blue Jet,” said Bombardier Business Jets vice president of sales for Russia, CIS, Central/Eastern Europe, China, Asia-Pacific and Australia.
Judging by the dominance of business jets at India Aviation 2012, held at Hyderabad in southern India from March 14 to 18, predictions of double-digit general aviation growth in the country have inspired manufacturers and service providers to boost their presence in the market.
India’s ailing airliner sector was conspicuous by its absence from the third biennial show, barring a static display of the Boeing 787 in Air India’s colors and a mock-up of the Russian Irkut MC-21 airliner. Instead, a spurt of announcements relating to India’s business aviation sector lifted spirits.
Oregon-based fuel supplier and distributor Epic Aviation has entered into a partnership with China’s National Aviation Fuel Group (CNAF), Asia’s largest aviation fuel supplier, which serves airlines at more than 160 airports in China. Epic will work with CNAF’s Global Jet Service subsidiary to develop an aviation services network that will provide general aviation fueling, customer services, charter and aircraft management services at all of China’s airports.
Max-Viz said an STC approval for its EVS-1500 enhanced vision system in Hawker business jets is close at hand. According to the avionics company, Hawker Beechcraft Global Customer Support’s program for installation of the EVS-1500 on Hawker 750s, 800s, 850s and 900s will be STC’d by next month. Installations through Hawker Beechcraft Services’ factory-owned service centers will require three to four days of downtime, Max-Viz told AIN. The EVS-1500 will also be a factory option on new 900XPs.
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.
Embraer Executive Jets announced on Friday that it recently made its first international delivery of a U.S.-assembled Phenom 100. The light jet went to Canadian businessman Tasso Kostelidis, who is an instrument-rated private pilot. He plans to use his Phenom 100 to connect his far-flung network of four distribution centers throughout Canada for his Montreal-based packaging and materials business company, Conglom. Two additional warehouses are under construction, and Kostelidis will fly his Phenom to also check on their progress.
Dassault Aviation received net orders for 36 Falcons last year, CEO Charles Edelstenne said in March during the company’s annual presentation in Paris, noting a major improvement over 2010, when cancellations took the net total to minus nine. The 2011 orders represented a value of €1.93 billion ($2.5 billion), and the Falcon backlog now stands at €4.2 billion ($5.5 billion).