As the recession tightens its grip on the economy, fractional aircraft providers have stepped up their marketing efforts not only to sell more shares but also to encourage shareowners to fly more. “In this tough economy, the pressures on all parts of the aviation business have been extreme,” said Bob Knebel, Flexjet v-p of sales.
AINalerts » April 2, 2009
The Asian Business Aviation Association (AsBAA) is partnering with Reed Exhibitions to bring business aviation to Asian Aerospace 2009, scheduled for September 8 to 10 at the Asia-World Expo in Hong Kong. The new event, called Asian Business Aviation, was announced on Monday. “The outlook for Asian business aviation continues to be promising,” said AsBAA chairman Chuck Woods.
While various entrepreneurs have tried to buy and resell the 28 Eclipse 500 very light jets that were flown by bankrupt air-taxi firm DayJet, none has succeeded. Now Randall Sanada, chairman of aircraft charter and management firm Jet-Alliance of Westlake Village, Calif., has proposed a new way to market those jets, still owned by UT Finance, a subsidiary of United Technologies.
This week, Cessna Aircraft and Bombardier Aerospace separately announced they are cutting business jet production rates this year, in addition to laying off more people.
Avionics makers today unveiled a host of new products at the Aircraft Electronics Association Convention in Grapevine, Texas, providing a hopeful sign that the general aviation industry can brush off the effects of a bad economy. Aircell caused the biggest stir at a well attended new products introduction session this morning by announcing that its Axxess-compatible in-flight broadband system for business jets will be available in July.
As JetDirect Aviation Acquisition Company nears its planned purchase of assets of JetDirect Aviation, JDAAC chairman Robert Pinkas acknowledged the company’s responsibility to repay money owed to current and former JetDirect employees. AIN has received multiple complaints of bounced paychecks and non-payment of expenses and benefits from both current and former JetDirect employees.