Business Aviation

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.

May 1, 2014 - 4:30am

The Bombardier Learjet 85 prototype–designated as flight-test vehicle one (FTV1)–successfully completed its maiden flight on April 9. The all-composite twinjet lifted off from Wichita Mid Continent International Airport at 8:19 a.m. CST, marking the beginning of the all-composite midsize jet’s flight-test program.

April 29, 2014 - 2:40pm

Honeywell Aerospace announced yesterday that it will be the exclusive hardware provider for a new continental U.S. air-to-ground 4G network from AT&T that will provide faster in-flight broadband service for business jets and airliners starting late next year. With the new 4G LTE service, passengers will experience speeds that are a “significant improvement” from today’s air-to-ground speeds, Honeywell said.

April 29, 2014 - 2:05pm

Mesinger Jet Sales has been selected to facilitate the Gulfstream and Learjet 60 fleet renewal for Abu Dhabi-based aircraft charter firm Royal Jet. Over the next two years, Royal Jet plans to replace three of its existing medevac and VIP aircraft. Mesinger Jet Sales will help Royal Jet with the acquisition of the newer aircraft, as well as disposal of the three older jets. Royal Jet said the fleet upgrade will “provide its VIP clients an improved experience and further expand its network.”

April 29, 2014 - 2:00pm

Approximately 100 Chinese aviation university students were welcomed to ABACE 2014 on Student Day, held on April 17–the final day of the three-day business aviation show at Shanghai Hongqiao Airport. Hosted by NBAA and the Asian Business Aviation Association (AsBAA), the ABACE 2014 Student Day offered the opportunity for aviation-minded students to learn more about the scope of careers available within business aviation. The event featured a variety of presentations addressing topics including challenges facing the industry and the universal appeal of aviation.

April 24, 2014 - 3:01pm

General Dynamics’s aerospace division, which includes Gulfstream Aerospace and Jet Aviation, saw first-quarter revenues climb 19.5 percent year-over-year, to $2.125 billion, while profits soared 30.3 percent, to $404 million, from the same period last year.

April 24, 2014 - 2:45pm

After a five-year legal debate, Austrian aviation services provider International Jet Management (IJM) has prevailed against German authorities in a “precedent-setting ruling” by the European Court of Justice (ECJ).

April 24, 2014 - 2:30pm

On May 2, NBAA is holding its one-day Business Aviation Tax Seminar at the Hilton San Francisco Financial District. The seminar begins at 8 a.m. Among the subjects to be covered are two key tax issues for business aircraft operators: the application of the federal excise tax (FET) to managed aircraft flying under Part 91; and “Federal Audit Traps and Solutions for Aircraft Leasing Structures.”

April 24, 2014 - 2:25pm

Corporate Angel Network, the 33-year-old organization that arranges free flights to treatment for cancer patients in empty seats of corporate aircraft, transported its 45,000th patient this morning. The milestone flight, operated by Bank of New York/Mellon Bank, carried 22-year-old patient Todd Blake and his mother home to Central Florida after he received treatment for Hodgkin’s lymphoma at Columbia University in New York City.

April 24, 2014 - 2:20pm

Textron Aviation issued layoff notices yesterday for 750 full-time and contract employees at Cessna Aircraft and Beechcraft as it integrates these businesses following Textron’s acquisition of Beechcraft last month. “As a part of bringing together these businesses, we have identified redundancies in our global workforce that have ultimately led to some very difficult decisions that affect the sizing of our business,” the company said in a statement.

April 24, 2014 - 2:18pm

Dassault delivered nine Falcons in the first quarter, one more than it did in the same period a year ago, the company announced today. Still, revenues at Dassault Falcon fell year-over-year by €14 million ($19.35 million), to €397 million ($548.6 million), which equates to 68 percent of net revenues at parent Dassault Aviation. During the quarter, Dassault booked orders for 12 Falcons, compared with 14 Falcons in the year-ago period.

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