Manufacturers delivered 518 new business jets last year, some 23 percent fewer than the 676 shipped in 2002, according to the annual year-end report released last month by the General Aviation Manufacturers Association. Last year’s figure is the lowest level since 1998, when 520 business jets were delivered.
When the economic bottom slipped from under the business aviation industry in 2001, those in the fractional ownership market were unsure where it would leave them. Recession was a new experience for those in the fractional market, which had come into its own in the mid-1990s, after the recession of the late 1980s and early 1990s.
NetJets Europe is recruiting candidates for a new ab initio pilot training program that it hopes could provide its growing fractional ownership fleet with up to 45 new first officers each year. The part-sponsored program will be run by the UK’s Oxford Aviation Training (OAT), with the first 17-month courses due to start in May.
The Middle East Business Aviation (MEBA) conference and exhibition emphatically imposed itself on the international airshow calendar with a strong debut at Dubai’s Airport Expo Center. The event attracted 2,401 visitors, as well as some 90 exhibitors from 20 countries and 31 aircraft. It also generated $907 million in new aircraft orders.
Natalie was happy to be returning home after a week of treatment at New York’s Memorial Sloane Kettering Cancer Center.
Fractional ownership provider NetJets Europe has launched a dedicated operation for the Scottish market. The new NetJets Scotland service will offer flights from 17 Scottish airports, including the Royal Air Force bases at Lossiemouth, Leuchars (close to the exclusive St. Andrews golf course) and Kinloss. It will also provide access to the country’s mountainous Highlands region, as well as to the Orkney, Shetland and Hebrides Islands.
At today’s annual financial analyst meeting, Dassault Aviation chairman and CEO Charles Edelstenne announced record results for the second consecutive year for Falcons. Last year the company recorded firm sales for 158 jets, including an order from NetJets Europe for 24 Falcon 7X trijets. “Driven by growth outside North America, the worldwide market for business jets remained impressive in 2006,” said Edelstenne.
After nine months of intense bargaining, NetJets’ unionized pilots (represented by the International Brotherhood of Teamsters) and management reached a tentative agreement (TA) on Saturday. The move comes four years after the pilots’ contract became amendable in October 2001.
Cleveland-based fractional provider Flight Options yesterday announced three new buyer-incentive programs. Until December 16, buyers of a 3/32nd share (75 hours of annual usage) in a new Hawker 400XP will get an extra 25 occupied hours per year (a total of 100 hours) with no additional capital outlay. According to Flight Options, this equates to a savings of nearly $200,000.
Three of the five pilots for Cleveland-based fractional aircraft operator Flight Options who are trying to organize pilots under International Brotherhood of Teamsters Local 1108 (the same union that represents NetJets fractional pilots) told AIN that they soon expect to have enough organizing cards to call a vote.