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All ABACE 2012 News

March 28, 2012 - 1:45am
Mark Huber

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This year, Bombardier will launch one of the most ambitious flight-test programs in business aviation history. The Learjet 85 is scheduled to enter service in 2013 and as many as five test aircraft could make their first flights in the coming months.

March 28, 2012 - 1:40am
Ian Sheppard

Avinode (ABACE Booth H525) believes its online charter portal can make it easier for operators and customers to maximize usage of available capacity in Asia. More and more Asian operators are joining the Avinode network, with the most recent additions being Korean Air, Hong Kong Jet, Asia Jet, Deer Jet and First Mandarin.

March 28, 2012 - 1:35am
Liz Moscrop

Various business and general aviation shows are springing up in China as ABACE itself returns again after a four-year break. In two weeks’ time the annual Hainan Rendezvous takes place in the Sanya Island holiday resort, at the southern tip of Hainan Island.

March 28, 2012 - 1:30am
Mark Huber

Cessna is looking to give longer legs to its new mid-size $14.9 million Citation Latitude in a move that should suit the Asian market. The company recently announced a 15-percent range increase for the aircraft, to 2,300 nm (4,257 km) and was quick to point out all the interAsian city pairings this made possible.

March 28, 2012 - 1:25am
Liz Moscrop
AsiaJet

No one doubts that demand for business aviation is growing in Asia, but is the available aircraft capacity being developed sufficiently to meet this demand? It is not, according to Jean Noel Robert, president of the Asian Business Aviation Association (AsBAA), who believes that the lack of available charter aircraft is a real impediment to growth.

March 28, 2012 - 1:20am
Liz Moscrop
Minsheng Financial Leasing

It came as no surprise to industry watchers that Minsheng Financial Leasing Co. Ltd. (MSFL) won the recent Corporate Jet Investor (CJI) award for Asian Business Jet Financier of the Year. MSFL has so far signed agreements for, and placed nonrefundable deposits on, more than 100 private aircraft acquisitions in China. The firm’s total registered capital is RMB five billion ($790 million).

March 28, 2012 - 1:15am
Liz Moscrop

Last month’s Singapore Airshow confirmed a trend that has been brewing for some time: that Indonesia is emerging as a business aviation hotspot in the Asia Pacific region. Last year the country’s economy grew at its fastest speed since the 1997-98 Asian financial crisis, with gross domestic product expanding by 6.5 percent.

March 28, 2012 - 1:10am
Neelam Mathews

Middle East-based flight support group Nexus Flight Operations Services is preparing to set up an operation in India. Nexus India is being established through a partnership with Mumbai-based Sovika Airline Services, which has been involved in aircraft handling and airport support for more than 20 years.

March 28, 2012 - 1:05am
Neelam Mathews

Invision Air is seeking to bring economies of scale to kick-start India’s executive charter sector. For the most part, the industry consists of small operators with no more than two or three aircraft each.

March 28, 2012 - 1:00am
AIN Staff

Day two of ABACE 2012 brought clear weather and large crowds lining up to tour the wide range of business jets on the static display. (Photos: David McIntosh)

 
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