Unlike real estate lenders, most aircraft lenders don’t require title insurance, so airplane buyers rarely even know about it, let alone purchase it. That can be a big mistake.
Columbus, Ohio-based Spirit Avionics has topped $10 million in global aircraft parts sales in less than a year, a 60-percent increase over last year’s sales. The company’s global parts support division distributes, sells and brokers new, overhauled and exchange parts and components through a network of OEMs and vendors. The global parts support division also manages component repairs, rentals, spares acquisition and surplus inventory consignment, and offers Rockwell Collins Casp and Honeywell Happ avionics warranty programs.
Internationally there is a platinum service center in Istanbul, a gold in Germany and additional gold and silver service centers to come.
Currently Eclipses are certified in 49 countries, and Eclipse Aerospace CEO Mason Holland told AIN, “We are in the third quarter for the Eclipse 550 so we’re focused on support.”
Pratt & Whitney Canada Corp. is this year proudly celebrating 85 years of delivering dependable aircraft engines backed by industry-leading services and support for its 10,000 customers worldwide.
Bombardier Aerospace will be extending the basic warranty of the Challenger 605 from the current three years/3,000 hours to five years/5,000 hours. The new warranty will be standard on all Challenger 605s delivered after April 1.
Universal Avionics announced a new extended warranty program for owners of Universal products this week at the Aircraft Electronics Association convention in Las Vegas. The new FlightAssure program is available after expiration of the original two-year warranty and for most older Universal avionics units.
Customers have been asking for extended warranties, according to director of product support Andy Seaton. “They want stability in operating costs. Costly repairs might not be budgeted, and this way they don’t have to worry about a surprise.”
In ruling on a request by Hawker Beechcraft to “reject certain [warranty support] agreements related to the Hawker 4000 and Premier I and IA,” bankruptcy court judge Stuart Bernstein decided last week to grant the motion in part, and deny it in part.
Biozyme, the owner of a Hawker Beechcraft (HBC) Premier IA, has filed an objection with the bankruptcy court handling the Hawker Beechcraft proceedings, questioning the manufacturer’s plan to suspend warranty coverage as part of its efforts to exit bankruptcy.
Nextant Aerospace brushed off a communiqué sent by Hawker Beechcraft (HBC) warning it will not provide any support for aircraft modified without the Wichita manufacturer’s “involvement or approval.” The memo specifically mentions the Nextant 400XT, a remanufactured “zero time” Beechjet with new Williams FJ44-3AP engines and Rockwell Collins Pro Line 21 avionics.
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