Just-released results from a comprehensive reader’s choice survey conducted by AIN sister publication Business Jet Traveler confirm that, contrary to what the general public seems to believe, many who fly privately do so primarily not to enjoy luxury but to enhance their efficiency.
Microsoft Jet Database Engine
The IBA group has announced that Jet Intel, its market data intelligence division, is to release its first annual business jet asset report. The report provides market value trends and forecasts. A sample can be seen but the full report will be available June 7 for £1,500 ($2,300).
GE has renewed Jet Aviation St. Louis’ status as an authorized service center for the CF34-3, which powers the Bombardier Challenger series. With the GE authorization renewal, Jet Aviation St. Louis continues to perform line maintenance inspections; routine installed engine maintenance, including removal and replacement of engine components; removal and replacement of engines; removal and reinstallation of external engine components; and inspections for time-between-overhaul extensions.
Business aircraft operators may be battling to control costs, but they aren’t cutting back on the oil and engine debris analysis services provided by Jet-Care (Booth No. N4916). In fact, growing demand for tests has prompted the company to increase the size of its facilities on both sides of the Atlantic.
Cirrus chairman Dale Klapmeier said his company’s recent majority acquisition by China’s state-owned Avic will provide the necessary capital to restart the moribund SF50 single-engine jet program. He said the company needs time to re-ramp and re-staff the effort and that a new timetable for the jet is at least three to four months out.
UK-based International Bureau of Aviation (IBA) is offering an aircraft valuation tool called Jet Values 2. This Web-based product (www.jetvalues2.com) provides 24/7 information to customers needing current and forecast aircraft values.
Cirrus Aircraft last month raised the price of the single-engine Vision Jet, a personal VLJ, to $1.39 million for existing position holders and to $1.55 million for new orders placed before December 31. The price increases to $1.72 million for orders placed after January 1. All prices are in 2009 dollars. When Cirrus started taking orders for the jet in June 2007, the target price was about $1 million.
Alan Klapmeier, chairman of Cirrus Aircraft, has formed a team to raise funds to try to buy the Vision SF50 single-engine personal-very-light-jet program from Arcapita Bank, the majority owner of Cirrus. “I feel comfortable that we can do this,” said Klapmeier.
Alan Klapmeier, chairman of Cirrus Aircraft, has formed a team to raise funds to try to buy the Vision SF50 single-engine jet program from majority Cirrus owner Arcapita Bank. “I feel comfortable that we can do this,” said Klapmeier. “Obviously it’s a difficult time to be raising capital, but that means more focus on funding better projects.
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