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.
The FAA is adopting an airworthiness directive (AD) for certain Learjet 60s. The AD was prompted by a report of a high-speed rejected takeoff caused by all four main landing gear (MLG) tires blowing out during the takeoff roll.
Duncan Aviation has entered into an agreement with Safran Power UK & Safran Power USA, naming the MRO the exclusive worldwide distributor of Safran Power UK and Safran Power USA’s replacement starter generator specifically designed for the Learjet 60. Duncan Aviation will house unit inventories on site at its Lincoln, Neb. facility and is ready to send shipments worldwide. According to Duncan Aviation, the Learjet 60 starter generator is a direct STC replacement that is “more reliable and simple to install with no required aircraft modification.”
Bombardier Aerospace recently delivered the 400th Challenger 300 during a ceremony at the aircraft manufacturer’s facilities in Montreal. The milestone super-midsize jet will be operated by Russian business aviation firm BJet, which also has a Global 5000 and 6000, Challenger 605 and 850 and Learjet 60 in its fleet. The first Challenger 300 was delivered to Bombardier Flexjet in early 2004.
Al Bateen Executive Airport has been named the preferred hub in the Middle East for German air ambulance and VIP charter jet operator FAI rent-a-jet (d/b/a Flight-Ambulance-Int’l). As part of the arrangement, two dedicated air ambulance jets–a Challenger 604 and Learjet 60–will be permanently based at Al Bateen and served by German aeromedical teams. FAI selected Al Bateen Executive Airport as its Middle Eastern hub because of its “ability to best serve increasing client demand from the region, the Far East and Asia.”
The Challenger 350 will become the time-to-climb leader of the entire Bombardier business jet line once it enters service next year, Bombardier Challenger v-p and general manager Stephane Lablanc told a gathering of reporters during a technical briefing here yesterday. Bombardier expects the super midsize to jet to reach 41,000 feet in 18 minutes, surpassing the current leader, the Learjet 60.
VistaJet’s bullish expansion plans have long turned the heads of more conventional charter sector rivals suspicious of how well-founded its business plan would prove to be in a sector that has struggled to regain profitability since the ravages of the financial crisis.
Among the few economic forces behind the rather tepid recovery of the market segment covering small and medium-sized business jets, perhaps the most influential rests with the world’s financiers. While the large business jet segment remains buoyant due to its comparative immunity from the vagaries of liquidity availability, for the rest of the market a lack of attractive financing terms remains a serious problem, according Pratt & Whitney Canada (PWC) president John Saabas.
The first production iteration of the Bombardier Learjet 75 will make its debut next week at EBACE, one year after the company announced the Learjet 70 and 75–upgraded versions of the Learjet 40 and 45, respectively–at EBACE 2012. “This debut of the Learjet 75 marks another exciting year of innovation and we look forward to delivering the first one in the fourth quarter,” said Bombardier Business Aircraft president Steve Ridolfi. The Canadian aircraft manufacturer will also have a Challenger 300, Challenger 605 and Global 6000 on display alongside the new Learjet.
Richmor Aviation is preparing to build a $1.2 million hangar at its facility at Schenectady County Airport in New York’s capital region. According to company president Mahlon Richards, the 20,000-sq-ft hangar will be divided into four bays (the inner two to accommodate aircraft up to Challenger 600-series size, while the outer pair can shelter aircraft up to Learjet 60 size) and is intended to attract more business jet tenants to join the six turbine aircraft already based there. Richmor expects to break ground on the new structure this summer and complete it before year-end.