Bombardier CEO Pierre Beaudoin last month indicated that the Canadian manufacturer might launch a model to compete with the Gulfstream G650, but he did not indicate a timescale. Some believe such an announcement could be made as soon as the first quarter of next year. Speaking to reporters at a briefing in Montreal, Beaudoin said that the company would definitely position itself to compete with Gulfstream.
Aviation International News » December 2009
Dassault’s third-quarter financial results indicate that the backlog for Falcon business jets is still suffering from cancellations. As of September 30, the 2009 order intake was negative, at minus €2 billion (approximately -$3 billion), a number that includes Dassault’s civil and military activities. For the third quarter alone, the order intake was minus €0.9 billion (-$1.35 billion).
In its latest business jet market prediction covering the next 10 years, Forecast International calls for worldwide production of 11,277 business jets worth an estimated $197 billion. According to the report, total production will decline for the next two years, to a low of 716 aircraft in 2011, before beginning its rise through the end of the forecast period.
The TSA on November 17 released a notice of proposed rulemaking (NPRM) to strengthen aircraft repair station security. The proposed regulation has been
in the works since 2003, when Congress ordered the agency to develop security requirements for repair facilities. The proposed regulation would require FAA-
For the business aviation industry, the past year has been a trying one, to say
the least. Aircraft sales and usage declined steeply as the economic downturn tightened its grip, forcing operators to cope with the new financial realities, and in some cases with disparaging views of the industry.
With Cessna’s new Service Direct by Citation, the company’s product-support experts have devised a way to extend Cessna-brand maintenance services to customers who might not be near a Citation Service Center.
For the past several months, analysts and industry observers have been noting signs of a recovery, even as some statistics suggest otherwise. So where is the truth? Is the industry bouncing back, or is it experiencing a yo-yo effect and there’s more down to come?
“It depends,” in the noncommittal words of one analyst.
The FAA considered trying to extract $100 million from Tag Aviation during its investigation of the firm in 2007 before revoking the charter company’s operating certificate on Oct. 12, 2007, the agency recently confirmed.
The recession appears to have claimed another victim, charter operator SATSair, which shut down operations on October 23, “due to circumstances,” according to a telephone recording on the company’s voicemail system. SATSair (Smart Air Travel Solutions) operated a fleet of Cirrus SR22 piston singles throughout the southern and eastern U.S., with headquarters in Greenville, S.C.