The NBAA Convention in Orlando, Fla., which concluded yesterday, attracted 30,811 attendees, just shy of the 30,963 people at the event last year in Atlanta. It was a “solid turnout” given all the circumstances, in the opinion of association president and CEO Ed Bolen. “This year's show comes amid spikes in the cost of fuel, tightening credit markets and a challenging economy.
Last year, things were bad for the completion and refurbishment industry as companies were feeling the effects of the economic recession. Even so, there was an attempt by many to put a positive face on the future. With the perspective now of 20/20 hindsight, a more accurate forecast would have been, “things are never so bad that they can’t get worse.”
It’s no mystery why the Aero Toy Store travels here to Europe’s EBACE show each year. The Fort Lauderdale, Florida-based aircraft broker has witnessed a dramatic turnaround in sales. “With the fall of the dollar, our sales are now 90 percent outside the U.S. That’s a total reversal since 2000 when 95 percent of sales were within North America,” senior vice president Gary Anzalone told EBACE Convention News.
Considering the circumstances, NBAA, its membership and participants in the association’s 2001 convention in New Orleans were generally satisfied, despite the reduced numbers of attendees and exhibitors. This year, despite a struggling U.S. economy, show organizers for the Orlando event expect a show equal in scale to what had originally been anticipated in New Orleans.
The “Acquisition Guide” is a free publication designed to arm the airplane buyer with enough knowledge to ask informed questions. The guide covers legal issues, taxes, financial aspects, maintenance implications, inspections and other topics, as well
At the end of this month, Brian Humphries will take over as chief executive of the European Business Aviation Association (EBAA), succeeding Fernand Francois, who is retiring after 12 years in the post. Humphries, who has been EBAA chairman since 1996, will retire from his day job as managing director of Shell Aircraft, the international flight department of the Royal Dutch Shell energy group.
Despite delays, which as of publication have seen only one of the new Eclipse 500 VLJs delivered, a niche market is doing business in sales of position numbers. According to one aircraft broker, around 100 of the airplanes have changed hands at a profit of $150,000 to $500,000 depending on how low the serial number is. Michael Press, president and CEO of Single Pilot Jet Management in St.
Sabreliner has announced the following personnel appointments: Ronnie Herman, senior v-p of operations; Gene Harbula, senior v-p of business development; Gene Findley, senior director of operations; Bernie Herkenhoff, senior director of the St. Genevieve operation; Gina Bey, senior manager for eastern region sales and service; and Beth Thomas, senior manager of international and western region sales and service.
- Page 3