Lufthansa Technik (LHT) will establish a completions center in Asia, “sooner rather than later,” the company told an ABACE show press conference yesterday. “In the medium term the Chinese market is very interesting,” said Walter Heerdt, the company’s senior marketing and sales vice president. “We have to be here, otherwise we will not get the best share we can out of this market.”
Embraer has delivered the first of 13 Legacy 650s to China’s Minsheng Financial Leasing (MSFL). Minsheng signed a memorandum of understanding (MOU) for the business jets last July, and this was supplemented by an additional agreement signed at the Singapore Airshow last month for three Lineage 1000s.
Cessna Aircraft and the Aviation Industry Corp. of China (Avic) signed “two strategic agreements to jointly develop general and business aviation in the People’s Republic of China” on Friday. Together these agreements “pave the way for a range of business jets, utility single-engine turboprops and single-engine piston aircraft to be manufactured and certified in China,” Cessna said. “The details of our agreements are still under discussion,” a Cessna spokeswoman told AIN, “but aircraft to be produced in Chengdu and sold in China include the Sovereign and Latitude.”
Fast-tracking development of China’s fledgling private aviation market is the main goal for the new China Business Jet Shanghai Alliance that Minsheng Financial Leasing Company (MSFL) announced yesterday at Abace. Crucially, the new body is led by the Civil Aviation Administration of China (CAAC) and the first official Chinese organization to include 17 major business jet manufacturers.
Boeing Business Jets president Steve Taylor predicts “steady growth” for BBJ orders and deliveries in China, fueled mainly by aircraft charter operator customers that–unlike in other parts of the world–are the dominant players for new business jets in the Asian country. China is also unlike the rest of the world in its insatiable appetite for large-cabin jets and bizliners, Taylor noted. While the worldwide market share for this segment is 21 percent, in China it is 55 percent.
Cessna Aircraft and the Aviation Industry Corp. of China (Avic), this morning, are expected to give more details of their plans to begin joint production of business jets in China. The two companies are holding a press conference here at the ABACE show in Shanghai, following last Friday’s signing of two strategic agreements in Beijing’s Great Hall of the People.
Private aviation services provider Hong Kong Jet has achieved the international standard for business aircraft operations (IS-BAO) for its business jet charter operation.
Dassault plans to open a new service center for its Falcon business jets at Shanghai’s Hongqiao International Airport in partnership with the host of this year’s ABACE event, Shanghai Hawker Pacific. The facility should be open by the end of June.
Bombardier Business Aircraft currently commands one-third of the business jet market in China, company vice president of sales for Russia, CIS, Asia Pacific, China and Australia Christophe Degoumois said today at Abace. The Canadian aircraft manufacturer expects the number of aircraft in China to increase dramatically over the next 20 years. By 2030 it foresees that Chinese customers will have received more than 2,300 new business jets. Degoumois noted that the Asian market “is a new-aircraft driven market, unlike Latin America, which is an important pre-owned market.”
Castle & Cooke Aviation’s FBO at Honolulu International Airport in Hawaii now has the capability to refuel larger airliners and cargo airplanes.