Though second-quarter revenues and profits dipped slightly at Gulfstream Aerospace, the Savannah, Ga.-based aircraft manufacturer still recorded a “strong” quarter, Phebe Novakovic, chairman and CEO at parent company General Dynamics, said yesterday during an investor conference call. Revenues at the aerospace division, which also includes Jet Aviation, came in at $1.995 billion during the quarter, down from $2.053 billion a year ago.
AINalerts » July 24, 2014
Bombardier announced the retirement of Bombardier Aerospace president and COO Guy Hachey yesterday as part of a wider restructuring that will see 1,800 layoffs “in the coming months.” Hachey leaves the company after six years as COO.
Universal Weather & Aviation’s attempt to form a joint-venture company in India to conduct its own ground handling services has been stymied by the rejection of its license application by Indian authorities. The Houston-based company has operated in India, providing trip support for the past decade, with its agents acting in a supervisory role for the local ground handlers it uses.
The annual EAA AirVenture show officially opens on Monday in Oshkosh, Wis., at Wittman Regional Airport, but aviation enthusiasts are already streaming into the airport ahead of the show.
As aircraft membership club Wheels Up celebrates its first anniversary next Friday, founder and CEO Kenny Dichter said the company has expanded in line with initial projections and he predicted even more growth in the coming year. “We currently have 28 airplanes, nearly 600 members and are on target for meeting and exceeding our business objectives. In a short time, we are a major player in the private aviation industry,” he said.
Business aircraft remanufacturing firm Nextant Aerospace joined the Remanufacturing Industries Council (RIC), the company announced today. The RIC defines remanufacturing as “a comprehensive and rigorous industrial process by which a previously sold, worn or non-functional product or component is returned to a ‘like-new’ or ‘better-than-new’ condition and warranted in performance level and quality.” Nextant remanufactures Beechjet 400/400XP twinjets into the 400XTi and plans to remanufacture King Air C90s into the G90XT.
The new Jetex FBO at Ninoy Aquino International Airport in Manila, Philippines, is now fully operational, according to the international trip support provider. The luxury facility, open 24 hours a day, has on-site customs, immigration and quarantine service and can obtain traffic slots and overflight permits on short notice. The location can also arrange VIP handling at other major airports throughout the Philippines.
Raisbeck Engineering received FAA STC approval on Friday for its Learjet 60 aft fuselage locker. It will now be available for purchase and installation at all Raisbeck-authorized dealer locations. Final certification flights were completed in March. Development of the aft fuselage locker–which weighs 276 pounds and adds 28 cu ft of storage space–began in June 2008, with the confirmation of technical cooperation between Raisbeck and Bombardier Learjet. The program involved the addition of a fire-proof shell and a fire-detection system.
FBO chain Avflight opened its new facility this week at Cherry Capital Airport in Traverse City, Mich., a year-round tourism destination. Operating out of the airport’s general aviation terminal, the Avfuel-branded facility offers a range of fueling products and services. In addition to fuel and Avfuel programs, Avflight Traverse City features concierge services, a pilot lounge area, flight-planning facilities, courtesy vehicles, de/anti-icing services, cargo loading/unloading, charter handling and on-site rental cars.
Bristow Group obtained UK Civil Aviation Authority approval late last week to place the first two AgustaWestland AW189 medium twins into service. The AW189 launch customer and OGP operator is expected to begin operations shortly with the pair from its base in Norwich to platforms in the Southern North Sea. Bristow has four more AW189s on order.