Data research firm WingX’s business aviation monitor, released quarterly to EBAA members, is showing a contrasting picture in Europe, with a slight 1.6 percent, unevenly spread growth in flights in the first quarter. Several major Western markets enjoyed noticeable growth in charter and private flights, including France, Belgium and Germany. The upward trend was even stronger in Greece and Poland. The statistics also include Russia, with 1.7-percent growth compared to the first quarter of 2013.
Iraq Gate, the first business jet operator based in Iraq, is celebrating its first anniversary. Operating five aircraft–one Bombardier CRJ-200, three Hawker 800XPs and one Beechcraft King Air B200–for charter services, it also offers flight planning and ground handling. Abu Ghazaleh is the CEO and general manager of the holding company, Jordan-based International Wings Group.
In July Qatar Executive (Booth 415) will add a second Bombardier Global 5000 Vision to its fleet. The corporate jet division of Qatar Airways will get the new aircraft just in time to meet the increased demand of the summer season. The operator received its first Global 5000 Vision in late 2013, having earlier bought two Global 5000s. The wholly-owned eight-aircraft fleet also includes three Challenger 605s and a Global XRS.
Geneva-based Global Jet reports receiving several business jets for charter recently as well as it gaining a Chinese air operator certificate (AOC) from the China Civil Aviation Administration (CAAC). The AOC allows operations in China by Global Jet in partnership with Hangzhou-based Jinggong Business Aircraft. Global Jet is exhibiting here at EBACE 2014 in Booth 5555.
“The European business aviation market recovery is lagging that of the U.S. market by 12 to 18 months,” Chad Anderson, president of business jet broker Jetcraft (static display), told AIN here at EBACE 2014. “Many European operators are rightsizing their fleets, which makes this a stronger recovery. However, there is still a lot of price fragility in the pre-owned business jet market.”
Veling Tayara, a new business jet leasing firm led by former Embraer Executive Jets president Ernie Edwards, was launched yesterday at EBACE 2014. The Dubai-based company is a subsidiary of airliner lessor Veling, which counts Emirates and Sri Lankan Airlines among its clients. Veling Tayara (the latter word meaning “aircraft” in Arabic) is focusing on five-year leases for young (three years old or newer) pre-owned and new midsize to large-cabin jets. It is targeting clients in the Middle East, Asia, Africa and former Soviet blocs, though it will also provide leases in other regions.
A Dassault Falcon 7X earlier this month set a speed record from New York Teterboro airport to London City (LCY) airport, cruising at Mach 0.88 for most of the 3,465-nm trip.
Gulfstream Aerospace has already signed purchase agreements for two or three G650ERs, Larry Flynn, president of the U.S. manufacturer (Booth 5129), told a small group of reporters during a breakfast flight in a Gulfstream G550 over the Alps yesterday morning. The company had announced the extended-range upgrade of the ultra-range, top-of-the-line G650 on Monday at EBACE 2014 in Geneva.
“The European business aviation market recovery is lagging that of the U.S. market by 12 to 18 months,” Chad Anderson, president of business jet broker Jetcraft, told AIN today at EBACE. “Many European operators are rightsizing their fleets, which makes this a stronger recovery. However, there is still a lot of price fragility in the pre-owned business jet market.”
Asked about Aerion’s redesigned supersonic business jet announced this week at EBACE, Gulfstream Aerospace president Larry Flynn said, “I think everyone knows Gulfstream has had an interest in supersonic and we have a small research and development project that has been under way for several years. The project is mostly focused on suppressing the sonic boom. Our intentions would be to fly a supersonic airplane over land.