With its official emergence from bankruptcy today, the new Beechcraft Corp. returns to the roots planted by founders Walter and Olive Ann Beech in 1932.
Piper Aircraft ended 2012 with nearly $149 million in annual revenue from new aircraft sales, up more than 13 percent from the previous year. This revenue increase was the result of a 16-percent rise in deliveries last year to 158 aircraft, 22 more than in 2011. Piper delivered 93 of its top-line M-Class aircraft–including 39 Meridian turboprop singles–compared with 82 the previous year, which also helped the annual revenue mix. Meanwhile, the company named Jack Mill as vice president of engineering today.
Rolls Royce is attending the 2013 Aero India show with a renewed sense of optimism for its prospects in this key Asian market. At the last show back in 2011, there was some gloom when the UK-based aero engines maker decided to withdraw from the competition for re-engining the Indian Air Force’s Jaguars.
Hawker Beechcraft, which is displaying a King Air 350i this week at Aero India in Bangalore, continues to lead the turboprop market segment in India. Citing JetNet data, the company said 82 percent of the new turboprop business aircraft delivered into India from 2002 to 2011 were King Airs, while 83 percent of the total fleet of registered business turboprops in the country are King Airs. It has also cornered the turboprop market for state and federal organizations in India, with these operators flying more than 20 King Airs in the country.
VisionSafe has entered into an agreement with Banyan Air Service naming the MRO an emergency vision assurance system (EVAS) sales and service center for the Southeast U.S. EVAS is an FAA tested and certified system available for all turboprop and jet aircraft that displaces smoke, enabling pilots to see the flight path and instruments during an emergency.
After posting a 2.3-percent loss in November, business aircraft flying decreased again last month versus a year ago–this time by 2 percent–according to TraqPak data released yesterday by aviation services company Argus. These results again were partially weighed down by the temporary shutdown of Avantair’s turboprop flight operations during the fourth quarter.
Cessna Aircraft’s Grand Caravan EX received FAA type certification and has outperformed initial targets, the company announced today. Powered by a new Pratt & Whitney Canada PT6A-140 turboprop engine, the Grand Caravan EX boasts a 38-percent improvement in rate-of-climb over a stock Grand Caravan, a figure that exceeds the original 20-percent improvement projection. Deliveries to customers have already started.
GE Aviation has expanded its CT7 engine overhaul subcontract agreement (EOSA) with H+S Aviation to include all CT7-5A and CT7-9B engine care maintenance program (ECMP) commercial engine shop visits. Under the terms of the agreement, GE will continue to manage CT7 ECMP contracts and supply OEM parts to H+S, which will perform all labor on engine shop visits.
In 2011, CT7-5A and -9B engines accounted for 170 shop visits, more than 80 percent of all CT7 shop visits.
Mumbai-based Jet Airways last month announced the planned induction of five leased ATR 72-600s into its fleet. Scheduled to launch service with the first of the new 68-seat turboprops by the end of last year, Jet Airways said it expects to accept all five Gecas-sourced airplanes by the end of this March. The airline’s domestic expansion strategy centers on serving more so-called Tier II and Tier III destinations, according to Jet Airways COO Sudheer Raghavan.
A 22,000-sq-ft facility has been added to Legacy Aviation Services’ C.E. Page Airport complex outside Oklahoma City. It almost doubles the MRO’s maintenance and modification shop space. According to the company, the decision to add more service area comes as Legacy is responding to a growing customer base.