Online charter portal Avinode (Booth No. C7818) is introducing a new suite of mobile applications for iPhones and iPads to put real-time aircraft availability data in the palm of the user’s hand. The Sweden-based group developed the apps so that charter operators and brokers can make them available to their clients, sparing them the chore of doing the complex development work themselves.
All NBAA 2011 News
The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in September. In the last quarter, the OEM drew down $1 billion of cash reserves against $211 of net income, double for the same period a year ago. Its market capitalization is $7 billion and the cash burn rate set off caution lights for stock analysts. The news is not cataclysmic; most now rate the company as “market perform,” but from early July through the end of September, Bombardier stock lost 43 percent of its value.
The Rockford Area Aerospace Network (RAAN), a committee of the Rockford (Ill.) area economic development council (RAEDC), is here at the NBAA show highlighting its “white-glove service” to the aerospace industry.
There is some real aviation pedigree gathered in Las Vegas for the 2011 NBAA show, but you won’t find a company with a richer heritage than France’s Daher-Socata, which this year marks its 100th anniversary in aircraft manufacturing. The company’s ancestor Morane-Saulnier was established in 1911–eight years after the Wright brothers took to the air for the first time. French family-run industrial group Daher, Socata’s current owner, is 150 years old itself. At the end of 2008, it acquired a 70-percent stake in Socata from the EADS group. The anniversary has been marked with a series of special events throughout 2011, but most notably by the introduction of a special centenary edition of its TBM 850 single turboprop business and utility aircraft.
Boeing has sold 205 BBJs based on all of its aircraft models and that includes its two newest widebodies: the 787 twinjet and the 747-8 Intercontinental, the latest iteration of its iconic jumbo quad jet. Twin-aisle jets now represent the majority of the BBJ backlog. VVIP customers have ordered nine of the $318 million (green) 747s and 12 of the $185 million 787s.
User fees, depreciation schedules, and instability in world financial markets have called for some tough talking at NBAA 2011. One country, however, seems to be promising great rewards for those who dare enter. China seems to be the golden land–the new Wild East set to save the market from oblivion. Several consultants held press conferences during the show, highlighting incredible opportunities in China.
Frakes Aviation, now in its fifth decade, manufactures exhaust stacks for modification companies and original equipment manufacturers (OEMs), but there is a lot more to the company’s history than just exhaust stacks.
Having started life mainly focused on the airline sector, Arinc (Booth No. N4221) has further expanded its horizons into business aviation, especially so since the U.S.-based group opened its international division in the UK back in 2000. Since the EBACE show in May, Arinc Direct has added more than 50 business aircraft to the international fleet it supports.
As more business and private jets travel further abroad, often to airports where ground security is nonexistent or minimal at best, Otonomy Aviation (Booth No. N608) has a growing family of solutions for security concerns.
Banyan Air Service has expanded the hours of operation of its maintenance shop at Fort Lauderdale Executive Airport in Florida. After adding a second shift, the shop’s hours now extend from Monday through Friday, 8 a.m. to midnight, and Saturday from 8:30 a.m. to 6 p.m. On-call service is available on Sundays.