Last year “should mark a bottom” for the business jet market, but the path of recovery is “unclear,” according to J.P.Morgan’s latest business jet monthly report. “We estimate that there were about 650 business jet deliveries last year, which would represent a 43-percent decline over five years. Deliveries in 2014 should be up–we estimate by about 10 percent–with help from new and upgraded platforms,” it noted.
AINalerts » January 14, 2014
On Friday, the U.S. government filed a response to a lawsuit filed against it by the city of Santa Monica, which is seeking to establish its right to control future use of the Santa Monica Airport property. The city believes that it did not relinquish title to the airport when it leased the property to the U.S. government during World War II. When the government relinquished the leasehold on Aug. 10, 1948, it stipulated that the property must remain an airport.
A bitter dispute that had been fought for more than three years reached its conclusion this week when it was announced that the Chattanooga Metropolitan Airport Authority will buy out the Tac Air FBO at the city’s Lovell Field Airport for $12.375 million. Tac Air had protested the authority’s decision to build another FBO at the airport, citing a lack of business to support two FBOs.
With its new name now in place, Airbus Helicopters (née Eurocopter) is embarking on a transformation, according to CEO Guillaume Faury. He wants production processes to improve, has reshuffled priorities in research and development (R&D) and envisions a new market for the company’s product line.
The new name is expected to provide better integration with the rest of the Airbus group, according to Faury. Moreover, the Airbus name has a stronger, more global impact, “especially in countries that are important to us,” such as Brazil, the U.S., China and Russia, he added.
Luxaviation’s Belgian subsidiary Abelag acquired Paris Le Bourget Airport-based business aviation operator Unijet, the companies announced today. With the acquisition of Unijet, the Luxembourg-based parent company now has 350 employees and operates more than 60 business aircraft.
Bell Helicopter announced today that Air Medical Group Holdings, the parent of helicopter EMS company Air Evac EMS, placed a firm order for 20 new Bell 206L-4 singles to be delivered between this year and 2017. The helicopters will be used to refresh and expand the fleet, according to Air Evac president Seth Myers. Air Evac’s Lifeteam currently operates more than 130 Bell 206 LongRangers and is the second-largest helicopter EMS provider in the U.S., behind Air Methods, with 115 bases in 15 states.
William “Bill” Stine II, longtime director of NBAA’s international operations, retired from the association on Friday after nearly 35 years of service. Since 1979, Stine has been NBAA’s resident expert on international business aviation communications, navigation and surveillance issues. He has served as staff liaison to the NBAA International Operators Committee and Schedulers and Dispatchers Committee, and helped set the agenda for the association’s International Operators Conference, as well as for education sessions on overseas operations at NBAA’s annual conventions.
Argus will launch a certified charter broker program in the first quarter, it announced today at the NBAA Schedulers & Dispatchers Conference in New Orleans. The program will provide charter operators and end-consumers with information necessary to make a “confident decision” when engaging a charter broker.
Dick Koenig, former publisher of Flying, has been tapped to head the Corporate Angel Network (CAN), the organization that arranges free flights for cancer patients to treatment centers using empty seats on corporate jets. CAN executive director Peter Fleiss is retiring, effective January 20, after leading the organization for 14 years. Fleiss will thus become director emeritus and remain actively involved during the leadership transition.
Aircraft instrumentation and control systems company Safe Flight Instrument promoted Matthew Greene to executive vice president. Since joining Safe Flight in October 2003, Greene has taken on increasing roles of responsibility within the organization, most recently as vice president of program management, where he led improvements in new product time to market and aligned the company’s growth objectives to meet customer and regulatory requirements. In his new role, he will be responsible for maximizing operating performance and achieving financial goals.