Less than two months after completion of the sale of Raytheon Aircraft to the investment firms GS Capital Partners and Onex Partners for $3.3 billion, the newly formed Hawker Beechcraft Corp. announced its first fleet sale.
Dassault Aviation comes to Geneva this week on a wave of exhilaration generated by having achieved simultaneous European and U.S. certification less than a month ago. The French manufacturer has completed the long, meticulous development of the world’s first fly-by-wire (FBW) business jet.
“Not everyone can or wants to own a private jet, and even the most affordable co-ownership or ad hoc chartering package is not always suitable,” Flying Group president and general manager Bernard Van Milders told EBACE Convention News.
Back in 2001, NetJets Europe might have considered a shortage of suitably qualified pilots to be a nice problem to face. At the time, the industry’s fractional ownership leader had no more than 80 clients in Europe–five years after having imported the concept from the U.S.
Block charter has evolved as the primary alternative to fractional ownership in Europe, with providers continuously vying to offer greater flexibility and value. Operators and brokers are now competing to find new incentives to influence customers to abandon airlines in favor of charter services.
Cessna Citation 560, Woodruff, Wis., Jan. 5, 2006–The NTSB blamed the
NetJets captain’s “failure to maintain adequate airspeed during the landing which resulted in a stall/mush,” when the Citation’s wing hit the runway on landing at Lakeland Airport/Noble F. Lee Memorial Field, near Minocqua-Woodruff, and the
For the second year in a row the Gulfstream Service Center in Dallas has received an Outstanding Achievement Award for its excellence in base maintenance of the NetJets G200 fleet.
Two well known companies that operate and manage charter aircraft and jet travel cards have merged. As reported in AIN last month (page 3), Berwyn, Pa.-based JetDirect has acquired Weymouth, Mass.-based Sentient Jet.
It appears that the informational picketing by NetJets pilots, who are represented by the International Brotherhood of Teamsters Local 1108, is having the desired effect of putting pressure on company management to finally hammer out a new contract with the pilot workforce.
NetJets Europe expects to move into its new Lisbon, Portugal headquarters in December. The fractional provider already runs all its operational and administrative functions from the Portuguese capital and it is now investing $28 million in a much larger building that will house slightly more than 400 staff. It also has a sales and marketing office in London. The past three years have seen rapid growth at NetJets Europe.