Embraer announced its second quarter financial results this morning and the numbers fell into the positive category, with 29 executive jet deliveries, compared with 12 deliveries in the first quarter of this year, and 20 deliveries for the second quarter of last year. The value of the total firm-order backlog, including commercial aircraft, jumped from $13.3 billion at the end of the first quarter to $17.1 billion at the end of the second.
A legal battle is under way between the nation’s largest private aviation provider and two of the major FBO chains over whether NetJets’ aircraft charter and management arm, Executive Jet Management, can require the chains to provide fuel discounts to aircraft owners and operators whose aircraft are not part of the company’s fully managed fleet.
According to charter broker Air Partner, Conklin & de Decker released research during EBACE 2013 indicating that the use of charter jet cards is on the rise in Europe. The report assesses the jet card products offered by NetJets Europe (Booth 7011) and Air Partner across six key criteria: accessible service areas; notice period; aircraft choice; pricing; flexibility; and quality assurance, service and safety.
Inflight Executive Jet Centre at Stansted Airport in London has appointed Steve Grimes as its new managing director. Grimes is assigned the mission of expanding business for Inflight’s FBO and its maintenance shop.
“I am looking forward to growing the business in both areas,” said Grimes, “which could mean expanding with new locations for both operations and maintenance.” Inflight also said its growth strategy includes expanding into aircraft completions and interior refurbishment.
NetJets Europe plans to operate Embraer Phenom 300s by early 2014, the two companies announced here at EBACE yesterday. Holding a firm order for 50 of the specially outfitted “Signature Series” light jets, NetJets took its first delivery on May 1 for its U.S. operations and expects to accept roughly two airplanes a month.
NetJets Europe plans to operate Embraer Phenom 300s by early 2014, the two companies announced today at EBACE. Holding a firm order for 50 of the specially outfitted “Signature Series” light jets, NetJets took its first delivery on May 1 for its U.S. operations.
With the official acknowledgement by NetJets that it will buy up to 275 Challenger 350s (100 firm, 175 on options), the Columbus, Ohio-based fractional share company becomes the worldwide launch partner for the new super-midsize jet, a distinction NetJets chairman and CEO Jordan Hansell all too happily embraced here in Geneva. Previously, although the order had been announced in June 2012, it was billed as being only for “Challenger 300-series jets.”
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.