Business

April 18, 2013 - 11:15pm

International travelers know that medical risks and health care vary from country to country. How can you know what levels of risk and care will be available to you, if you never have been somewhere before?

April 18, 2013 - 4:09pm

Textron, parent company of Cessna Aircraft, held its first-quarter 2013 earnings call yesterday, and the news was not particularly uplifting for its Wichita-based business segment. Customers in the light jet market, who tend to be small business owners, continue to defer purchase decisions, “reflecting continued concerns about their financial outlook,” said Textron chairman and CEO Scott Donnelly. As a result, he continued, Cessna delivered 32 new jets in the first quarter, six fewer than the same quarter last year, “resulting in a segment loss in the quarter of $8 million.”

April 18, 2013 - 2:10pm

ABACE 2013 broke the records on all fronts as it closed today, according to show organizers NBAA and the Asian Business Aviation Association (AsBAA). Attendance was up more than 20 percent from ABACE 2012, with 7,714 people walking through the door at this year’s show, which was held this week at Shanghai Hongqiao Airport, China.

April 18, 2013 - 2:00pm

A bipartisan U.S. Senate effort to protect 149 control towers from closure under budget sequestration has garnered additional support since its introduction last week. Sens.

April 18, 2013 - 1:50pm

Private aviation support provider Universal Weather & Aviation has augmented its network in Asia with a Hong Kong trip support office, now open 24/7 to meet growing demand in the region. Universal has assembled a team with local and cultural knowledge to assist its customers. According to the company, which has operated in the region for more than three decades, its Asia-based clients are using their aircraft more and taking more trips outside the region.

April 18, 2013 - 1:15pm

The number of Eurocopters based in China for both civil and parapublic operators has now reached the 100-aircraft mark. According to Eurocopter, the milestone helicopter–an EC120 light single–was recently delivered to an investor group that will provide “tailored solutions to support the development of helicopter flying clubs.” The company sold 16 turbine helicopters to Chinese commercial and parapublic operators last year, a 54-percent year-over-year increase. It claims a 40-percent share of the market for helicopters in China.

April 18, 2013 - 1:10pm

Boeing Business Jets celebrated the completion of the first BBJ for China’s Nanshan Jet at a ceremony yesterday at ABACE 2013 in Shanghai. “The Nanshan Group is an excellent example of a customer who understands the unique capabilities of the Boeing Business Jet and how this airplane addresses the needs of emerging Chinese global business,” said Boeing Business Jets president Steve Taylor.

April 17, 2013 - 11:00pm

Hong Kong-based Pacific-China Aero Technology (PCAT) has signed an exclusive training agreement with global training provider CAE, which is based in Canada. PCAT is a new customer for CAE (Booth P1012) and will send pilots for training in the Gulfstream G450, Beechcraft King Air 350, Cessna Citation XLS, XL, Sovereign and III platforms. Pilot training begins in May on the Sovereign at CAE’s facility near New York City.

April 17, 2013 - 10:45pm

Australia’s Hawker Pacific Group, which provides aircraft sales and support in Asia and the Middle East, has establishment a new aircraft-management service based at Singapore Seletar Airport.

Known as Hawker Pacific Aircraft Management, the new service offers “modular” management solutions for customers, such as a 24/7 operations control center, crewing, trip services (including ground handling and permits), fueling, administration and maintenance management.

April 17, 2013 - 10:40pm

They say the first year can be the best, and for Hong Kong-based Asian Sky Group (ASG, Chalet 370) it has been a sweet first year. The company has completed several aircraft transactions during the past 12 months, and executed several long-term consulting agreements. In the last quarter, ASG participated in transactions totaling $140 million for both new and pre-owned aircraft as diverse as a Cessna Citation CJ1+ and an Airbus ACJ319.

 
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