Embraer delivered 119 executive jets worth $1.64 billion last year–up by 26 percent on 2012’s $1.29 billion–and nearly half of them (53) were handed over in the fourth quarter. The whole-year deliveries broke down as 90 light jets (60 Phenom 300s and 30 Phenom 100s) and 29 large jets (21 Legacy 600/650s and eight Lineage 1000/shuttles), and in the fourth quarter the tally was 38 light jets and 15 large jets.
AINalerts » February 27, 2014
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.
AgustaWestland formally unveiled the latest addition to its lineup, the AW109 Trekker, on Tuesday at Heli-Expo. Notably, the helicopter is the Italy-based company’s first light twin to offer skid landing gear. It is expected to receive certification and begin deliveries next year.
The helicopter revealed this week at Heli-Expo has the colors of launch customer Dallas-based aeromedical transport provider SevenBar, which has also ordered another AW109 and a pair of AW119s as part of its first foray into rotorcraft operation.
The NTSB is engaging with the rotorcraft community to reduce accidents involving helicopters, agency chairman Deborah Hersman told Heli-Expo attendees yesterday. One of the NTSB’s “10 Most Wanted” safety recommendations for 2014 is to address the unique factors of helicopter operations, to promote industry safety.
Sikorsky Aircraft offered some insight into the future of its S-300C training helicopter yesterday at Heli-Expo. The company also detailed its progress in fulfilling the last 19 orders for the S-300C following the 2012 closure of the former Schweizer production facility, with the last airframe expected to be completed within six months.
NetJets received approval from the London City Airport Authority to fly its Bombardier Global 5000s and 6000s into the airfield, which requires aircraft and crews to be authorized to fly the 5.5-degree approach there. Bombardier received steep-approach approval for the Global 5000/6000 at London City in July last year. NetJets received accreditation by performing “rigorous” test flights with successful takeoffs and landings at London City with its Globals. The company is now in the final stages of training all NetJets Global crewmembers to use the airport.
Milestone Aviation Group signed a purchase contract today at Heli-Expo for eight AgustaWestland helicopters as part of the companies’ framework agreement, which was initially announced in September last year. The latest contract is for five AW139s and three AW189s for delivery by year-end. The framework agreement–which covers firm orders and options for 44 aircraft delivering over the next four years, when fully executed–represents the largest civilian helicopter sale in AgustaWestland history.
The Raisbeck aft fuselage locker for the Learjet 60 has completed all of the FAA-required certification tests, the company said yesterday. The test aircraft, S/N 60-197, is now in refurbishment at West Star Aviation, where it will receive a full paint job and interior update before redelivery to its owner. Raisbeck’s Learjet 60 aft fuselage locker adds 30 cu ft of storage space and closely resembles its earlier lockers designed and certified for 30-series Learjets.
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 signed a letter of intent to buy a Bombardier CS300 yesterday, with an option for a second. Falcon Aviation Services will thus be the first non-airline operator of the CSeries, offering it for charter by private individuals and businesses. The $156.5 million deal, announced this week at the Air Expo show in Abu Dhabi, takes the total number of orders and commitments for the CSeries to 447, of which 201 are firm orders.