AINalerts » January 21, 2014

January 21, 2014 - 3:20pm

After a slight slump in November, business aircraft activity last month climbed 5.1 percent year-over-year, according to the latest TraqPak data from aviation services company Argus. Numbers were positive nearly across the board, hopefully positioning business aircraft flying off to a good start for this year.

January 21, 2014 - 3:15pm

Beechcraft celebrated the 50th anniversary of the first flight of the King Air 90 prototype yesterday with three-aircraft formation fly-bys of the company’s current-production King Airs–the C90GTx, 250 and 350i–over its home base at Beech Field in Wichita. The King Air is the best-selling business aircraft in the world, with nearly 7,200 delivered and more than 60 million flight hours logged worldwide.

January 21, 2014 - 3:10pm

Bombardier Aerospace delivered 180 business jets last year, up one from 2012. However, the Canadian aircraft manufacturer missed its 2013 guidance by 10 business airplanes, “mainly due to the transition from the Learjet 40XR and Learjet 45XR to the Learjet 70 and Learjet 75, which entered service in the fourth quarter.” The company originally expected deliveries of these revamped light jets to start in the third quarter. It shipped 29 Learjets, 89 Challengers and 62 Globals last year, compared with 39 Learjets, 86 Challengers and 54 Globals in 2012.

January 21, 2014 - 3:03pm

Russian Helicopters is asking the Russian government for an extra RUB1.15 billion ($34 million) to complete the development of the Ka-62 medium twin. According to Russian newspaper Izvestya, this will come in addition to the $59 million already invested in the helicopter program.

January 21, 2014 - 2:58pm

Business aircraft financing and leasing has continued to be a “much more challenged marketplace,” according to Bank of America Merrill Lynch managing director and head of global corporate aircraft finance Michael Amalfitano, who will be moderating a panel on this topic at the upcoming NBAA Aircraft Registration, Finance and Legal Conference. The event will be held in St. Petersburg, Fla., on February 6 and 7.

January 21, 2014 - 2:53pm

Legislation that could mandate noise-abatement helicopter routes in the Los Angeles basin was inserted last-minute into the 1,582-page, $1 trillion federal spending bill signed by President Obama late last week. Sen. Dianne Feinstein and Rep. Adam Schiff, both California Democrats, sponsored a rider that calls on the FAA to develop mandatory helicopter noise-abatement regulations and routes within one year if voluntary measures fail to quell citizen complaints.

January 21, 2014 - 2:48pm

Embry-Riddle Aeronautical University (ERAU) and Dassault Falcon renewed their collaboration on education, research and business projects for another three years. Under the previous three-year agreement, Dassault and ERAU’s College of Engineering established the Dassault Design Institute at the university’s Daytona Beach, Fla. campus, where engineering undergraduate students determined the environmental impact and performance efficiency of different business jets.

January 21, 2014 - 2:40pm

Harry Houckes, NBAA’s U.S. Southeast regional representative and one of the founding leaders of the association’s regional representative program, will retire on February 12 after more than 12 years of service at NBAA. Houckes represented the interests of NBAA members in Alabama, the District of Columbia, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.

January 21, 2014 - 2:35pm

Daher-Socata deliveries rose by 5 percent last year, with 40 TBM 850s handed over to customers, the French aircraft manufacturer announced today. This represents a 20-percent share of the turboprop market, up from 18 percent in 2012, and marks the fourth-best year for the company’s TBM since it entered service in 1990. The 2013 deliveries bring the total number of TBM-series aircraft received by customers to 662, of which 338 are current-production TBM 850s.

January 21, 2014 - 2:30pm

Shandong Qi Xiang General Aviation and MD Helicopters’ Chinese distributor, Avion Pacific, reached an agreement for delivery of an MD500E light turbine single in the second quarter. The sale to Qi Xiang GA is the market debut in China for the MD500 series, which includes the 500E, 520N and 530F. The transaction marks the first reported sale in China’s general aviation industry so far this year. Avion is confident that the MD500 series will “rapidly gain market share with its outstanding performance and top-notch customer service.”

 

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