Cessna Aircraft’s Citation Latitude prototype has already achieved its full performance envelope, just one week after the aircraft’s maiden flight. In only its third flight, the prototype reached its maximum speed of 440 ktas/Mach 0.80 and altitude of 45,000 feet. In fact, the midsize twinjet made a direct climb to 45,000 feet with a gross takeoff weight of 29,000 pounds.
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.
The U.S. Export-Import Bank recently topped $1 billion in support of American-made business airplane and helicopter financings since the beginning of Fiscal Year 2012. In a deal that drove it past this milestone, the bank approved a guarantee of a $300 million loan extended by Apple Bank for Savings to Minsheng Financial Leasing Co. of Tianjin, China, to finance the purchase of eight business jets from Gulfstream Aerospace. At EBACE 2012, the Ex-Im Bank announced it would provide support for at least $1 billion in business airplane and helicopter financings by the end of 2014.
Charter group Falcon Aviation Services today signed a letter of intent to buy a Bombardier CS300 aircraft, with an option for a second. The $156.5 million deal, which was announced on the second day of this week’s Air Expo show in Abu Dhabi, takes the total number of orders and commitments for the CSeries jet to 447, of which 201 are firm orders.
Gulfstream has a fleet of over 100 business aircraft owned and operated in the Arabian Gulf region, with both Saudi Arabia and the United Arab Emirates (UAE) representing strong customer basses in the large-cabin market.
The third annual Abu Dhabi Air Expo, which opened today at Al Bateen Executive Airport, has become a prominent fixture of the Arabian Gulf general aviation sector, with about 13,000 visitors and 170 exhibiting companies at this year’s event. Air Expo is sponsored by Abu Dhabi Airports Company (ADAC), the Abu Dhabi National Oil Company, Abu Dhabi Aviation and the UAE Ministry of Transport.
Dassault Aviation delivered nine Falcons in the Middle East last year, pushing the regional Falcon fleet to 69 jets. “We are on a trend to increase our fleet by 10 percent. That is what we managed to do last year,” said Renauld Cloatre, Dassault’s Dubai-based Falcon sales director, speaking today at the Air Expo show in Abu Dhabi. “This year, we are into very strong negotiations on many different projects. It’s very good. We are very happy.”
Hartzell received FAA STC approval for its swept composite five-blade propeller for the Daher Socata TBM 700/850. Hartzell already has taken orders for the propellers and deliveries to TBM owners are expected to begin “shortly.” With the new propeller, the TBM’s takeoff acceleration from zero to 90 knots is 10 percent faster, climb rate is improved by several hundred feet-per-minute and cruise is increased by two knots. The five-bladed prop is also quieter, Hartzell said.
In-flight catering provider Air Culinaire Worldwide opened an owned-and-operated kitchen in Miami, just three miles from Miami International Airport. The new kitchen becomes the third Air Culinaire Worldwide kitchen in Florida and brings the total number of owned-and-operated kitchens in the company’s network to 19. “Our new kitchen will provide fresh, regional cuisine and familiar favorites to clients operating to Miami for major events or operating to and from the U.S.
Falcon Aviation Services (FAS), the largest operator at Al Bateen Executive Airport, has signed a strategic agreement with Dubai Aviation City Corporation (DACC) to build a VVIP completions and MRO facility at Dubai World Central, paving the way for base operations at the new airport when the facilities are ready.
Bombardier Business Aircraft has two aircraft on display at Abu Dhabi Air Expo, both flying the colors of owners from the Gulf region. One is a Challenger 605, managed by Sharjah’s Gulf Wings and being shown on behalf of an unidentified Kuwaiti owner.