All ABACE 2014 News
The airplanes, accessories and services are central to any aviation show, and ABACE is no exception. But in the end, it’s really all about people. Meeting, greeting and making deals is the engine that drives the industry. It’s all about getting people face-to-face, which is what general aviation transportation does better than anything else.
Deer Jet, China’s largest fleet operator, has launched its “General Aviation Equity Fund,” with the goal of increasing investment in general aviation services, such as FBOs and MROs, in China. The fund is anticipated to generate 2 billion RMB in investment capital in the first round, towards a total of 5 billion RMB. Deer Jet announced the fund here at ABACE 2014
The private aircraft financing market in China has matured over the past several years with many sources of funding available for those wishing to purchase airplanes according to the experts here at ABACE. “I don’t think there is any lack of financing alternatives available,” said Jeffrey Lowe, general manager of aircraft ownership consultancy Asian Sky Group. “Pretty much all the international lenders are here and all the Chinese lender banks are involved in business aviation as well. A lot of them have set up leasing arms, so they are all diving in head first.”
On the heels of their agreement signed at the Dubai Air Show in November, Dubai-based trip support company Skyplan Services (Booth H327) and China-based Oriental Sky Aviation (OSA) are exhibiting together for the first time here at ABACE 2014.
Honeywell (Booth P310) announced yesterday at ABACE 2014 that it has expanded its Asia-Pacific aftermarket support efforts, thanks to an agreement with Bombardier’s Singapore service center, which will offer retrofit, modification and upgrade (RMU) services for Honeywell products.
Miami, Florida-based online flight operations system provider SchedAero (Avinode, Booth H430) announced here at ABACE 2014 it has received recognition from the Indian Directorate General of Civil Aviation (DGCA) as an electronic record keeping system for Flight and Duty Times.
DGCA requirements mandate that operators have a secure and transparent computerized system with an online portal that the agency can use to monitor their operations. SchedAero is a subsidiary of aviation data and charter marketplace portal provider Avinode.
Illinois-based aircraft training device manufacturer Frasca International, Inc. (Booth H304) announced here at ABACE 2014 it has just completed factory acceptance by the Civil Aviation Authority of China (CAAC) of a Citation CJ1+ Level D full flight simulator (FFS) purchased by Nanshan Flight Academy in Shandong.
“Factory acceptance per CAAC guidelines is like certifying an airplane,” said Niu Tao, Frasca’s Beijing-based Chief Representative in China. “The requirements for the simulator are very stringent.”
Lufthansa Technik of Hamburg, Germany (Booth H614) is showcasing two innovative products for VIP cabins here at ABACE 2014 in Shanghai: an “Aircraft Steam Generator System” for steam showers; and the “On Board Oxygen Generation System” which delivers an unlimited supply of therapeutic oxygen.
The steam generator facilitates installation of steam showers in VIP aircraft. The self-contained unit, which has an empty weight of 18 kg, does not need to be connected to the aircraft’s existing water system. Essential oils can be added to aromatize the room.
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