Hong Kong-based aircraft management company Metrojet (Booth H418) provided an update here at ABACE 2014 on three joint ventures it announced at last year’s expo that launched its current growth initiatives. “We built a very strong presence in Hong Kong, and now we’re ready to go from local to regional,” said Metrojet CEO Björn Näf.
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.
A roster of leading aviation officials from the Asia and the United States took the stage yesterday for the opening session of ABACE 2014, welcoming attendees and exhibitors to what Li Derun, president, Shanghai Airport Authority (SAA), called “the must-attend event” for the business aviation industry.
Marwan Khalek, group CEO of London-based Gama Aviation Ltd. (Booth P501), sees China as the next growth opportunity for his global charter and management company.
NetJets is preparing to launch its NetJets China business in mid-2014, by which time it expects to receive Chinese government approval for an air operator certificate. It also has hired “key people” over the past few months in the run-up to the launch of NetJets’ Chinese joint-venture operation, NetJets Business Aviation Ltd., which initially will provide aircraft management services.
Cessna Aircraft’s Citation Latitude prototype has logged more than 65 hours over some 30 flights since making its maiden jaunt on February 18, Chris Hearne, Textron Aviation senior v-p of business jets, told AIN yesterday here at ABACE 2014.
Cabin electronics specialist Emteq has invested heavily in developing sophisticated lighting systems for both airliners and private aircraft. The U.S. company, which is exhibiting here at ABACE 2014 in Shanghai with its partner Talco Aviation (Booth H619), is also a pioneer in producing advanced cabin management systems (CMS).
Switzerland-based Jet Aviation Management (Booth P326) announced here at ABACE 2014 in Shanghai that it is adding two Gulfstream G450s and a new Gulfstream G550 to its managed fleet in Asia, bringing to 30 the number of aircraft it operates in the region.
The G550 and one of the G450s will be based in Hong Kong and maintained by the company’s Hong Kong maintenance facility, a Gulfstream Authorized Warranty Service Center for G450/G550/G650 aircraft. Delivery of the aircraft is expected by the end of next month.
Minsheng Financial Leasing (MSFL), Asia’s largest business jet leasing firm, announced nearly $3 billion in orders with Gulfstream and Bombardier today at ABACE 2014 in Shanghai. It placed the orders from both OEMs in the fourth quarter.
Requests for charter flight price quotes, a bellwether of business aviation activity, have been growing in China by more than 20 percent annually over the past three years, according to data released on the eve of ABACE 2014 by Avinode (Booth H430).
A roster of leading aviation officials from Asia and the U.S. took the stage this morning for the opening session of ABACE 2014, welcoming attendees and exhibitors to what Shanghai Airport Authority president Li Derun called “the must-attend event” for the business aviation industry.