The International Bureau of Aviation (IBA) predicts the global business jet fleet will grow by almost 60 percent between now and 2025, rising from 19,700 to 30,750 aircraft.
Nextant Aerospace launched the 400XTi (the i stands for innovation), the latest evolution of the remanufactured light business jet, last month at EBACE. Compared with the 400XT, the new version introduces a number of improvements, including an all-new cabin that offers more space and reduced noise.
For the first time since the end of 2006, quarterly deliveries of business jets, turboprops and piston-powered aircraft finished in the positive, according to first-quarter 2013 statistics released last month by the General Aviation Manufacturers Association (GAMA). “We are pleased to see a shift to the positive for GA airplanes, which extends across all airplane segments,” said GAMA president and CEO Pete Bunce.
Ontic has signed new license agreements and is here at EBACE 2013 highlighting its support for out-of-production second- and third-generation avionics and electronics. The company is also able to fully support Hawker 125 series business jets from its Houston, Texas facility.
Since it exited a 10-month restructuring process and Chapter 11 protection in February, the rebranded Beechcraft (formerly Hawker Beechcraft) has performed well and is even looking at possible new models to bolster its turboprop line-up.
Nextant Aerospace has chosen EBACE to launch the 400XTi (the ‘i’ stands for innovation), the latest evolution of the remanufactured light business jet. Compared to the 400XT, the new version introduces a number of improvements, including an all-new cabin that offers more space and reduced noise.
Hawker Beechcraft emerged from bankruptcy in February, restructured and rebranded as Beechcraft (Booth 7060), and the message it brings to EBACE is that it has refocused on the business of building and selling airplanes, and servicing and supporting what it builds.
Beechcraft has two “significant” elements to its show presence here. The stand in the main hall, said executive v-p of sales and marketing Shawn Vick, “is branded universally as Beechcraft and we are represented there by members of our African, European and Middle East teams.”
Beechcraft, which recently emerged from bankruptcy protection and is now focused on its piston and turboprop products, expects to sell its mothballed jet division in the coming months. According to CEO Bill Boisture, the company has already completed disposition of its remaining inventory of approximately 20 new and pre-owned Hawker 4000 and Premier IA jets, a move he said went “better than planned,” though he declined to offer details about the revenue derived from their sale.
Worldwide business jet deliveries rose by 4 percent, to 129 units, in the first quarter, according to statistics released today by the General Aviation Manufacturers Association. Pressurized turboprops, meanwhile, saw an increase of nearly 53 percent year-over-year.
Newly restructured Beechcraft logged 65 deliveries–including six Hawker 4000s–in the first quarter, compared with 41 deliveries a year ago. According to Beechcraft CEO Bill Boisture, the upgrade programs for the Hawker 400XPR and 800XPR are also “attracting a strong positive response,” with slots in 2013 sold out for the 400XPR program as it completes its final certification phase. “Our plan throughout last year’s restructuring was to emerge as a stronger, more agile organization,” said Boisture.