Notwithstanding the continued gloomy financial projections for the air transport industry by groups such as the International Air Transport Association (IATA), Airbus predicts the size of the world’s airliner fleet will more than double over the next 20 years, from around 14,000 now to 28,100 in 2028, according to European manufacturer’s new Global Market Forecast published in London on September 17.
U.S. aerospace consultancy Teal Group has forecast demand for 2,909 regional aircraft worth $65.9 billion over the next 10 years. The projection includes 1,732 regional jets worth $46.9 billion and 1,177 turboprops worth $19 billion (2009 dollars).
Embraer continues to consider its product strategy. The Brazilian airframer’s market intelligence vice president Luiz Sergio Chiessi told AIN that any design for 100-plus passengers “almost certainly” would require a new, wider cross section than its current E170/ E190 large regional jets: “Up to 150 passengers in four-abreast [layout] is probably not workable,” he said.
Dubai-based Project Phoenix planned to deliver its first executive-configured CRJ conversion to owner Ritz Pacific by the end of last month. Completion of the modified regional jet was contracted to Peterborough, Ontario-based Flying Colours, which also has produced its own ExecLiner and Jetcorp Renaissance Series CRJ executive conversions.
Is the bizliner immune to the current economic and financial crisis, or have slumping demand and order cancellations simply not yet caught up with that segment of the industry? Some among the narrow- and wide-body manufacturers say that executive segment of the industry remains relatively healthy and take a somewhat optimistic stance.
Superjet International today announced the official opening of its new North American sales and customer support office in Washington, D.C. Former ATR North America executive John Buckley has joined Superjet International to run the new office. Buckley assumes the title of vice president for business development, while Patrick Sullivan takes the role of head of customer service for the Americas.
BAA Jet Management last month took delivery of its first managed Airbus, an A318 Elite, making the Hong Kong-based company the first in Asia to operate the executive version of the narrowbody airliner. The 18-passenger Elite is also the first A318 to be registered in the People’s Republic of China and is based in Shenzhen, where it is available for charter.
UK-based aircraft management and charter operator Twinjet Aviation is assessing several possible locations for a new base here in the Arabian Gulf region. According to CEO Keith McMann, being established permanently in this part of the world would improve prospects for securing more management contracts in a market he still expects to achieve 15- to 20-percent growth despite serious economic problems in the wider world.
Few segments of the completion and refurbishment industry are as busy as that of narrowbody and widebody cabin finish work, and Gore Design Completions (Booth No. 2289) is rapidly filling its interiors dance card.
Airbus reports no downturn in orders for its bizliners this year. “Our market is not affected,” said François Chazelle, vice president Airbus executive and private aviation, at a press conference here yesterday. “We could sell more aircraft, if it weren’t for the limited capacity at the completion centers, especially with our widebody aircraft.