“We think a sustained recovery in business jet utilization is necessary to drive improvement in the new aircraft cycle,” UBS Investment Research aerospace analysts said in their latest business jet market update, released yesterday. “Without a recovery in utilization we still see the market as oversupplied.”
News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine powered airplanes and helicopters. Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
Cessna Aircraft rolled out the first production Citation CJ3+ today at the company’s manufacturing facility in Wichita. The upgraded twinjet features a new interior with a redesigned cabin and cockpit, new pressurization and new diagnostics systems. It also has a Garmin G3000 avionics suite that includes turbulence detecting weather radar, TCAS II, TAWS and ADS-B capabilities. The CJ3+ was announced on March 20 and it is expected to receive FAA certification in the second half.
Thanks to the generosity of Women in Corporate Aviation (WCA) members and 12 corporate aviation company sponsors, the association will award more than $100,000 in aviation scholarships–a record amount–on October 22 at the NBAA Convention in Orlando, Fla.
The Flaris LAR 1, the five-seat single-engine very light jet unveiled by Podgórzyn, Poland-based Flaris last June at the Paris Air Show, has recently started low-speed taxi tests, but its maiden flight has slipped again.
The 14th annual European Business Aviation Convention & Exhibition (EBACE), held last week at Geneva’s Palexpo conference center and Geneva International Airport, “will be remembered as one of our strongest shows to date,” said European Business Aviation Association (EBAA) CEO Fabio Gamba. EBACE is jointly hosted by NBAA and EBAA.
Exhibitor registration for LABACE 2014 opened yesterday, less than three months before Latin America’s largest business aviation show takes place at São Paulo Congonhas Airport from August 12 to 14. Exhibitors must sign up and pay before June 6 for priority in the exhibit space drawing on June 10.
Contemporary aviatrix Amelia Rose Earhart made a stop at EBACE last week, one month before she takes off from Oakland, Calif., for The Amelia Project, attempting a circumnavigation flight that her unrelated namesake never completed in a Lockheed 10 Electra in 1937. She will be flying a much more reliable Pilatus PC-12 NG equipped with an Inmarsat-based Satcom1 satcom system that will enable her to stream the entire flight to followers around the globe.
Kings of the Air is completing the restoration of the first King Air, S/N LJ-1, for a flight around the world, the fledgling nonprofit group announced today–the 50th anniversary of the King Air’s FAA certification.
The Legacy 500 that Embraer brought to EBACE last week is one of four flight-test aircraft that have racked up more than 1,500 hours of testing as the type approaches certification, slated for the middle of this year. Embraer Executive Jets president Mario Túlio Pellegrini said that function and reliability testing is the last remaining item to be completed, followed by paperwork. “We are confident we can conclude the certification by mid-year,” he added.
When Pilatus Aircraft arrived in Geneva for EBACE earlier this week, the order book for its in-development PC-24 utility twinjet was empty, yet to be opened. It left the show, which closed today, with the first three years of production sold out (through the end of 2019).
In all, the Swiss aircraft manufacturer took orders for 84 of its utility business jets since opening the order book on Tuesday. All PC-24 delivery positions planned between the start of deliveries in 2017 and the end of 2019 are backed by binding contracts and non-refundable deposits, Pilatus said.