Berkshire Hathaway

May 8, 2014 - 2:20pm

First-quarter revenues at NetJets and FlightSafety International soared by 12 percent and 14 percent, respectively, according to parent company Berkshire Hathaway. Higher revenues at NetJets reflected increased sales of fractional aircraft and flight services revenues due to increased flight hours, while FlightSafety’s increase was the result of increased simulator training activity. Quarterly revenues at its services businesses, which include NetJets and FSI, increased by $284 million, to $2.4 billion, while profits climbed by $34 million, to $243 million.

May 7, 2014 - 12:40pm

Eagle Creek Aviation Services will be offering two more factory-authorized, Twin Commander-specific training courses for maintenance technicians this year: June 23 to July 1 and October 13 to 21. The 42-hour course, which covers 19 different subjects ranging from manuals and bulletins to avionics, is designed to meet the training requirements for working on the Twin Commander 690/A/B/C/D and 695/A/B at a factory-authorized service center.

April 30, 2014 - 10:50am

FlightSafety International will host the 2014 Flight Simulation Engineering and Maintenance Conference from September 15 to 18 at the Renaissance Tulsa Hotel and Convention Center in Tulsa, Okla. More than 300 flight simulation experts will identify technical solutions to engineering and maintenance issues, resulting in immediate and long-term savings for simulator users.

April 29, 2014 - 2:36pm

FlightSafety International will build a new learning center in Columbus, Ohio, replacing the current facility there that dates back to 1999, the company announced today. Construction of the new facility will be completed in two phases, it said.

Phase one, scheduled for completion in December, will include a 55,000-sq-ft facility to house six full-motion flight simulators, 13 pilot and maintenance training classrooms, 12 briefing and debriefing rooms and 12 graphical flight-deck simulators.

April 16, 2014 - 9:50am

NetJets is preparing to launch its NetJets China business this summer, by which time it expects to receive Chinese government approval for an air operator certificate. It has also hired “key people” over the past few months in the run-up to the launch of NetJets’ Chinese joint-venture operation, NetJets Business Aviation, which initially will provide aircraft management services.

April 16, 2014 - 9:26am

Training specialist FlightSafety International signed a multi-year agreement with Chinese business jet leasing firm Minsheng Business Aviation yesterday at ABACE 2014. Under the deal, FSI will train pilots, maintenance technicians, flight attendants and dispatchers for Gulfstream G450/550 operators Beijing Capital Airlines and Shanghai Deer Jet. Most of the training will take place at FSI’s Hong Kong learning center, which opened in 2012. FSI also named Paul Statskey as its new program manager at the Hong Kong facility.

April 15, 2014 - 11:45am

NetJets is preparing to launch its NetJets China business in mid-2014, by which time it expects to receive Chinese government approval for an air operator certificate. It also has hired “key people” over the past few months in the run-up to the launch of NetJets’ Chinese joint-venture operation, NetJets Business Aviation Ltd., which initially will provide aircraft management services.

April 14, 2014 - 9:45am

Shanghai Hawker Pacific Business Aviation Service Centre (SHPBASC, Booth H128) received Civil Aviation Administration of China (CAAC) and U.S. Federal Aviation Administration (FAA) approval for maintenance of Hawker 800-series business jets, the company announced here yesterday at ABACE 2014. It also has been designated as an authorized service facility for Cessna Citations by the newly formed Textron Aviation, which also owns Hawker and Beechcraft.

April 14, 2014 - 7:15am

FlightSafety International technician training programs for Pratt & Whitney Canada engines have been moved from Beijing to Haikou, and will be provided at the new location by FlightSafety-trained instructors working for Lufthansa HNA Technical Training. FlightSafety is also providing all courseware and training engines for the program, which initially includes theory and practical training on the PT6A and PW100 series engines.

April 10, 2014 - 2:31pm

NetJets is preparing to launch its NetJets China business in the middle of this year, by which time it expects to receive Chinese government approval for an air operator certificate. Upon its launch, NetJets’ Chinese joint-venture operation, NetJets Business Aviation Ltd., will provide aircraft management services.

 
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