Business jet

November 13, 2012 - 10:05pm
Gulfstream - Nashan Jet signing

China’s Nanshan Jet placed an order for a Gulfstream G650 today at Airshow China 2012 in Zhuhai. The charter operator, with bases in Beijing, Shanghai and Shenzhen, is a subsidiary of the Nanshan Group. It is expected to take delivery of the new very-high-speed, ultra-long-range jet in late 2014 or early 2015 and is third G450 next year.

November 13, 2012 - 6:10pm

Hongkong Jet announced today at Airshow China 2012 that it is adding a fourth Airbus Corporate Jet ACJ to its managed aircraft fleet. According to the company, this makes Hongkong Jet one of the largest operators of Airbus ACJs in the region. The company has added 12 aircraft within the last 12 months.

November 13, 2012 - 3:05pm

Hawker Beechcraft, set to become simply Beechcraft Corp. when it emerges from U.S. bankruptcy protection in late February, has confirmed the allotment of funding for research and development of new turboprop and piston single-engine aircraft. Late last month, the company announced it would shut down its business jet lines to focus on its more successful turboprops and piston-powered aircrafts.

November 8, 2012 - 3:15pm

Bombardier Aerospace’s third-quarter revenues were flat at $2.3 billion year-over-year, but pre-tax profits at the Canadian aircraft manufacturer slipped by $6 million, to $123 million. Meanwhile, net deliveries of both regional airliners and business jets stood at 57 aircraft in the quarter, down from 68 a year ago. However, it added net orders for 83 aircraft and built a book-to-bill ratio of 1.5:1, compared with net orders for 34 aircraft during the same period last year.

November 8, 2012 - 3:11pm

Citing its intention to emerge from Chapter 11 bankruptcy protection as the standalone Beechcraft Corp., Hawker Beechcraft notified employees yesterday that it will begin the process of closing Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio. The Wichita-based OEM also affirmed that approximately 240 employees will be affected at these locations.

November 7, 2012 - 3:30pm

Bombardier has appointed Flying Colours of Peterborough, Ontario, and its subsidiary JetCorp Technical Services of St. Louis as authorized service facilities (ASF) for its Learjet and Challenger business jets. Flying Colours is known for its new green Challenger 850 completions as a Bombardier- authorized completion center.

November 4, 2012 - 12:35am

This formation of 27 Eclipse light jets was part of a larger group that descended on Branson Airport in Missouri for the Eclipse Owners Club Fall Fly-In last month. Forty-three of the twinjets met up in what was one of the largest gatherings of the same model private jet ever to land on a field at one time. Eclipse Aviation built 261 of the EA500s before it went bankrupt in 2008. Eclipse Aerospace, which acquired the company’s assets, announced it has restarted production with deliveries of the updated Eclipse 550 expected next year.

November 4, 2012 - 12:10am
African Aerospace & Defense static display

Visitors to the Africa Aerospace & Defence show (AAD 2012), held in September at South Africa’s Waterkloof Air Force Base near Pretoria, might have been excused for thinking that they had arrived at a business aviation convention. While the exhibition halls groaned under the weight of armored vehicles, the outside static aircraft display was dominated by an impressive array of corporate and private jets.

November 3, 2012 - 2:10am

The owner of a new $4 million FBO due to open on the Isle of Man by the middle of this month is promising substantial savings for aircraft operators using it as a transit point in and out of the European Union (EU). Private Jet Company (PJC) claims it can provide savings of up to 60 percent from reduced exposure to the cost of the EU emissions trading scheme (see box). The British Crown Dependency is outside the EU so its operators can also avoid value-added tax (typically around 20 percent in Europe) on aircraft importation, as well as on fuel and services such as handling.

November 2, 2012 - 12:10am
Moscow Jet Expo static display.

Demand for business aviation in Russia and the wider Commonwealth of Independent States is continuing to excite aircraft manufacturers and service providers alike, especially with the nearby markets of Western Europe remaining largely stagnant. Russia was not untouched by fallout from the financial crisis that started in 2008, but for most of the past 10 years has sustained strong business aviation growth.

 
X