Even as the Brazilian economy appears in a slow slide downward, business aviation fractional ownership operator Avantto (Stand 6111) is watching its value grow. “People are flying about 20 percent more, and the number of flights at Avantto is growing faster than the size of our fleet,” said company president Rogério Andrade.
Brazilian aviation services giant Líder Aviação has announced it is the new “exclusive representative” in Brazil for Canadian business jet manufacturer Bombardier Aerospace.
Ljubljana, Slovenia-based business aircraft charter and management firm Elit’Avia opened an office in Accra, Ghana. It is currently managing four business aircraft for West African clients–two Bombardier Global 6000s and a Bombardier Global XRS in Nigeria and a Dassault Falcon 2000 in Ghana. Elit’Avia also expects to take delivery of a Gulfstream G550, Dassault Falcon 7X and Bombardier Challenger 605 for West African clients before year-end, which will almost double the size of its fleet in this region.
Fractional provider Bombardier Flexjet says it experienced 96-percent growth in new fractional and jet card sales during the first six months versus the same period last year. The company said sales of new fractional shares climbed by 112 percent, while new jet card sales gained 68 percent. “The skies continue to brighten for Flexjet,” said Flexjet president Deanna White.
Bombardier Aerospace’s revenues in the second quarter were flat year-over-year at about $2.3 billion, with more than half of these revenues–$1.259 billion–coming from its business aircraft division. Pre-tax earnings at the company rose by $8 million, to $107 million, while its backlog as of June 30 climbed to $33.4 billion, up from $32.9 billion at the end of last year.
Jet Aviation St. Louis has launched an iPad app for customers to design the interior and exterior of their jets, beginning with Bombardier Challengers. Dubbed iDesignJets, the app allows customers to choose the color, fabric, design themes and floor plans for the interiors of their jets, as well as designs and colors for the exterior. The company said it plans to expand the app to all of the airframes that Jet Aviation St. Louis completes, which includes business aircraft from Boeing, Bombardier, Dassault Falcon, Embraer, Gulfstream and Hawker.
Jet Support Services (JSSI) and VistaJet International signed a deal under which JSSI will provide hourly-cost maintenance coverage for the Rolls-Royce BR710 engines and Honeywell APU on the operator’s first of 50 Bombardier Global 5000s and 6000s on order. The long-term agreement is valued at more than $205 million.
“This is the largest contract in our history and, to the best of our knowledge, one of the largest if not the largest ever in the hourly-cost maintenance sector,” Neil Book, JSSI’s president and CEO, told AIN.
The European Commission removed Philippines Airlines from the black list of 278 air carriers banned from entering European Union airspace. Philippines Airlines has been on the list for three years because of numerous safety violations and is the only airline from that country that will be allowed access to Europe. All other Philippines-based airlines remain on the black list.
Second-quarter 2013 earnings are likely to bring few signs of recovery for aviation, according to the July Business Jet Monthly report from analyst J.P.Morgan, which highlighted several manufacturers.
The report predicts that demand for smaller Cessna Citations will remain depressed but “We will look for more color on the Sovereign and XLS, key midsize offerings.”
Vienna-based International Jet Management has signed a deal with Jet Aviation Basel for the MRO to provide line and base maintenance for the company’s fleet of managed and charter aircraft. Currently covered under the terms of the agreement are two Globals, one Challenger 850, two Challenger 605s, one Challenger 604, two Challenger 300s, one Learjet 40, one Citation Excel, seven Falcon 900s, one Falcon 2000 and one GV.