Business

April 17, 2013 - 1:07pm

Atlanta-based Precision Aviation Group (PAG) announced its Long Beach, Calif.-based Aero Technology (ATI) has changed its name to Precision Aero Technology (PAT) in an effort to identify the business as a member of the Precision Aviation Group.

April 17, 2013 - 8:08am

The General and Regional Aviation Committee of the U.S.-China Aviation Cooperation Program is set to deliver a key report to officials at China’s CAAC aviation authority officials next Wednesday about general aviation operations in China. It is expected to represent a key step in opening up lower airspace in the country.

April 17, 2013 - 8:04am

JetNet iQ’s “state of the market” briefing presented yesterday at ABACE showed a clear snapshot of business aviation trends in Asia. “Out of the big three markets–North America, Europe and Asia Pacific–it is the Asia Pacific buyers who trend toward large-cabin aircraft,” said JetNet iQ director Rollie Vincent. “Bombardier and then Gulfstream are the top-two preferred aircraft brands in Asia.”

April 17, 2013 - 8:02am

During a ceremony at ABACE 2013 yesterday, Beijing General Aviation Industry Base Investment Holding Co. (BGA) signed a contract for delivery of two Quest Kodiaks, with options for four additional aircraft, from Blue Eagle Aviation Investment Co. of Beijing, the exclusive distributor in China for the turboprop single. These Kodiaks–the first to handed over to a customer in China–will be based at Badalin Airport, near Beijing, and initially used for emergency disaster assistance, said Liu Mingde, BGA’s director of sales.

April 17, 2013 - 7:56am

Nextant Aerospace sealed its first retail sale of a 400XT to a Chinese customer today at ABACE. The Nextant 400XT–which is a remanufactured Beechjet 400A with new avionics, engines, paint and interior, as well as zero-timed components–was sold to Zhou Houquan, chairman of the Sichuan Provence-based Zhuling Group. According to Nextant, the deal was done entirely at ABACE. The $4.95 million jet will be delivered to Houquan this year, Nextant said.

April 17, 2013 - 7:50am

Hong Kong-based Pacific-China Aero Technology (PCAT) signed an exclusive training agreement with global training provider CAE. PCAT is a new customer for CAE and will send pilots for training in the Gulfstream G450 and Beechcraft King Air 350, as well as for the Cessna Citation XLS, XL, Sovereign and III. Pilot training will begin in May on the Sovereign at CAE’s facility near New York City. PCAT is an aircraft sales, leasing, aviation training and consulting company and was founded in 1985.

April 17, 2013 - 5:52am

Brazilian manufacturer Embraer announced on Monday here at ABACE that it received another order for its Lineage 1000. The order is for a single aircraft, which is scheduled for delivery to an undisclosed Chinese customer in the first half of this year, according to Ernest Edwards, president of Embraer Executive Jets. The order builds on previous successes, including an order from Minsheng Financial Leasing for five Lineages.

April 17, 2013 - 5:50am

Among the companies making their ABACE debut this year is Nextant Aviation, which is displaying its Nextant 400XT, the remanufactured version of the Beechjet 400 series light jet. The company is poised to play a major part in the Asian entry-level jet market, which currently totals only 342 aircraft worth an approximate $1.23 billion but has huge regional potential. In little more than a year, the company has delivered 26 aircraft to operators in six countries.

April 17, 2013 - 5:46am

The ASA Group has opened new offices in Indonesia and Malaysia, expanding the scope of its services to the VIP aviation market. ASA Group services include arranging charters, security, concierge and ground handling services, over-flight and landing clearances and in-flight catering.

Last year, ASA Group opened an office in Shanghai at Hongqiao Airport. And recently the company appointed Tom Mulvey as director of operations, based at the Hong Kong office.

April 17, 2013 - 5:44am

China Business Aviation Group (CBAG, Booth H420), founded in 2010 by business aviation veteran Jason Liao, chairman and CEO, is continuing its efforts to boost the region’s business aviation industry and become its leading services provider. Here at ABACE yesterday it announced agreements with engine-care specialists Jet Support Services, Inc. (JSSI, Booth H418), flight crew employment agency ACASS (Booth H217) and business aircraft sales and charter company China Hongly Aviation Group.

 
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