Last month, business aircraft flight activity in the U.S. rolled back slightly from a year ago, decreasing 1.3 percent, according to recently released TraqPak data from aviation services company Argus. Part 91 operations remained in positive territory, with a year-over-year increase of 2 percent, but fractional flying led the pack, climbing by 2.7 percent.
User fees, depreciation schedules and instability in world financial markets have called for some tough talking at NBAA 2011. One country, however, seems to be promising great rewards for those who dare enter. China seems to be the golden land, the new Wild East set to save the industry from oblivion.
Aviation research, consulting and education specialist Conklin & de Decker has released the latest of its Life Cycle Cost 2011 software tools. Life Cycle Cost provides owners, operators, flight department managers and aircraft consultants with extensive ownership and operating cost data for more than 380 jets, turboprops, helicopters and piston aircraft.
As the U.S. dollar becomes stronger, the general aviation industry will shift slowly from predominantly non-North American buyers to a more even mix since GA aircraft are priced in dollars, according to aviation market advisor Brian Foley of Brian Foley Associates. “This year the non-North American sales component helped arrest a further slide and has been the starting fluid for the downtrodden general aviation industry,” he said.
JetDirect Aviation will sell its wholly owned aircraft charter subsidiaries Sunset Aviation and Presidential Jets to their original ownership groups and has entered into agreements to sell its three FBOs as part of a strategic restructuring designed to focus on expanding its national aircraft management and charter operation. Industry veteran Jake Cartwright will continue as president of JetDirect Aviation, the company said.
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