Minsheng Financial Leasing Co. (MSFL), Asia’s largest business jet leasing firm, is climbing steeply to increase the size of it inventory even more. On perhaps one of the clearest days in ABACE memory, Minsheng confirmed yesterday that it had placed orders with both Gulfstream and Bombardier in the fourth quarter of last year.
Global Jet’s fleet in China has grown with the addition of three more jets this year, and the company’s Asia-based fleet now numbers five aircraft. The Geneva-headquartered private jet company’s worldwide fleet of privately operated and charter aircraft has now reached 67.
Newly formed Avicus Group (Booth P232) is here at ABACE 2014 to introduce its full slate of aviation services to the growing China market. Launched by Jane McBride, CEO, and Patricia Zinkowski, president, the company’s capabilities include worldwide charter brokering, creation of customized international travel programs, aircraft sales and leasing and aviation consulting.
VistaJet expects to have its new operation in China up and running by the end of 2014 if it achieves its goal of getting its local air operators certificate approved by early in the fourth quarter of this year. Ahead of this week’s ABACE show, the Europe-based private flight provider was giving no further details of its local partnership arrangements for the China operation, but it has previously been in discussion with Beijing Airlines.
Subic Bay, Philippines-based business jet service center Aviation Concepts Technical Services (ACTSI) has added Bermuda DCA AMO approval to its list of regulatory accreditations.
The approval allows the MRO to maintain, repair and return to service Bermuda-registered aircraft built by Boeing, Bombardier, Cessna, Embraer, Gulfstream and Hawker.
Bombardier delivered the first Global 6000 to be operated from Mexico to owner Aero Angeles during a ceremony at its facility in Montreal. “We are delighted to see the first Global 6000 enter service in Mexico,” said Bombardier Business Aircraft regional vice president of sales for Latin America Stephane Leroy. “Mexico and Latin America are key markets for Bombardier.” Bombardier expects to deliver more than 2,300 business jets in Latin America over the next 20 years.
Bombardier Business Aircraft is confident India’s general aviation market will revive following national elections in India that are to be held during April and May. Nilesh Pattanayak, Bombardier’s Asia-Pacific regional vice-president said there has been a big change in the regulatory environment and infrastructure since 2007, when he first came to India.
Through its recent acquisitions of aircraft charter/management specialist Sterling Aviation in Wisconsin and Seattle-based Galvin Flying Services, which managed several aircraft in addition to providing FBO services, Landmark Aviation has boosted its charter fleet by 18 aircraft. Among the dozen based at General Mitchell International Airport in Milwaukee are a Challenger 604, a Hawker 850XP and a Citation Sovereign, while a Challenger 300 and Citation Excel are among the six at King County Airport/Boeing Field.
At the J.P. Morgan Aviation, Transportation and Industrials Conference yesterday, leaders from Bombardier, Cessna and Embraer provided summaries of their companies’ standing. Following are some “takeaways” from the event. “Bombardier: The switch to the Learjet 70/75 and Challenger 350 should help Bombardier shore up business jet pricing. Bombardier completed high-speed taxi testing on the Learjet 85, so first flight is very close. The advantage of composites here is primarily lower costs with fewer parts.
Bombardier Business Aircraft has two aircraft on display at Abu Dhabi Air Expo, both flying the colors of owners from the Gulf region. One is a Challenger 605, managed by Sharjah’s Gulf Wings and being shown on behalf of an unidentified Kuwaiti owner.
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