London Executive Aviation has been one of the stalwarts of Europe’s private charter sector for almost two decades. Trading conditions have never been tougher than in the last few years, but the UK firm is surviving by sticking to its core values, as founders Patrick Margetson-Rushmore and George Galanopoulos told AIN in an interview prior to this week’s show.
Marshall of Cambridge has evolved over more than a century to become one of the UK’s leading engineering companies, and its Aerospace and Defence Group is a major player with a worldwide reputation for excellence. Within the group is the Aviation Services division (Booth 1019), which effectively parents the commercial operations, including MRO and aircraft charter.
Geneva-based Global Jet (Booth 485) has continued the dramatic expansion of its fleet with 10 new aircraft already added in the first half of 2013. Altogether, its managed fleet now stands at more than 65 aircraft. Eight of the 2013 arrivals are available for charter, increasing the commercial fleet to 25, comprising four Bombardier Global Express/XRSs, three Falcon 2000s, three Gulfstream 550s, a pair of Falcon 7Xs, Falcon 900s, Gulfstream 450s and Challenger 604s.
Embraer Executive Jets delivered the first of up to 125 “Signature Series” Phenom 300s to NetJets during a ceremony on May 1 at the aircraft manufacturer’s Phenom assembly facility in Melbourne, Florida. In October 2010 NetJets placed a firm order for 50 of the specially outfitted light jets, with options for 75 more. Including all options, the order is worth more than $1 billion.
The 2013 Asian Business Aviation Conference & Exhibition (ABACE) at Shanghai’s second airport, Hongqiao International, held from April 16 to 18, served as a reminder of how far China and the rest of Asia still have to go to reap the benefits of business aviation.
Embraer Executive Jets delivered the first of up to 125 “Signature Series” Phenom 300s to NetJets during a ceremony yesterday at the aircraft manufacturer’s Phenom assembly facility in Melbourne, Fla. In October 2010 NetJets placed a firm order for 50 of the specially outfitted light jets, with options for 75 more. Including all options, the order is worth more than $1 billion.
MRO specialist StandardAero has appointed Firoz Tarapore, director and member of the company’s executive committee, as interim president and CEO. He replaces Rob Mionis, who resigned from the company. The Dubai Aerospace Enterprise subsidiary also appointed David Smoot, CEO of Dubai International Capital, as vice chairman.
NetJets has filed lawsuits against Signature Flight Support and Landmark Aviation in an attempt to force the two FBO chains to extend contracted high-volume fuel discounts to Support Services clients at NetJets aircraft charter and management arm Executive Jet Management.
Global Jet, a charter/management firm headquartered in Geneva, has added new business jets to its fleet and re-launched its website to deliver more information about its services and the aircraft that it has available for charter.
Beijing-based Deer Jet launched the first fractional aircraft program in China today in Shanghai at ABACE 2013. Deer Jet, which has 30 business jets spanning 13 types in its charter and management fleet, is currently selling shares in a Gulfstream G450 and G550, the latter of which it has on static display this week at the show.
The Deer Jet “Time Share” program is customized for the Chinese market and is targeted to customers who fly between 100 and 300 hours per year. There are two distinct products under Time Share: fractional aircraft shares and block charter.