Business

April 16, 2013 - 7:50am

Boeing Business Jets celebrated the 40th year of Boeing commercial sales in China and the delivery of the 1,000th Boeing airliner to the market, a 737-800 purchased by China Eastern Airlines, today at ABACE. Meanwhile, the company plans to deliver six green BBJs this year, four of which are destined for Asia and three of those are China bound. Seven BBJs will enter service this year, three in Asia, including one in China.

April 15, 2013 - 9:00pm

For all the excitement that business aviation is stirring up among Chinese high-net-worth individuals, there are two groups of products that they do not seem ready to embrace: light jets and pre-owned aircraft. For now, the market remains resolutely focused on larger, long-range jets and brand-new models ordered straight from the factory.

April 15, 2013 - 2:35pm

The U.S. Federal Aviation Administration has made progress in delivering some of the operational improvements that are envisioned by the NextGen ATC modernization effort. But to demonstrate those improvements sooner, the agency has also made “trade-offs” that could limit their overall benefit to airlines in the coming years, according to the Government Accountability Office (GAO).

April 15, 2013 - 6:32am

“This is a milestone in the history of business aviation,” said NBAA president Ed Bolen at a press kickoff event for ABACE 2013 held in partnership with the Shanghai Airport Authority. “We’re delighted to be back in Shanghai.” The first ABACE was held in Shanghai in 2005. “With that initial show, we planted a seed,” Bolen said. “Thanks to a visionary number of leaders here in Shanghai and throughout the Chinese government, we’ve been able to see that seedling grow.”

April 15, 2013 - 6:30am

Cessna is making rapid progress with its efforts to operate in China through joint ventures formed with China Aviation Industry General Aircraft Co. (CAIGA), the Wichita-based company said today at ABACE in Shanghai. The joint venture with CAIGA involves building Cessna 208 Grand Caravan EXs in Shijiazhuang and Cessna Citation XLS+s in Zhuhai for the Chinese market.

April 15, 2013 - 6:26am

NetJets’ joint venture in the People’s Republic of China is making headway since announcing its entry into the country’s private aviation market during last year’s ABACE. “We are continuing to make great progress in gaining approval from the Chinese government to establish operations in China,” NetJets told AIN. “We are on target now to have approval in the first quarter of 2014.”

April 15, 2013 - 6:22am

China Great Wall Industry Corp. has been appointed by Nextant Aerospace as its exclusive sales agent for the greater China region, the U.S.-based aircraft remanufacturer announced today at ABACE 2013. The new China dealer has also placed an initial order for up to 18 Nextant 400XTs–three firm orders and 15 options–potentially worth $89 million. According to Nextant, the remanufactured Beechjet 400As will be delivered over the next 24 months to Great Wall in a mix of executive and special-mission configurations.

April 15, 2013 - 6:20am

Beijing-based Blue Eagle Aviation Investment jumpstarted the ABACE 2013 sales action with an order from Beijing General Aviation (BGA) for the first Quest Kodiak turboprop singles to be delivered in China. BGA has placed an order for two Kodiaks, with options for four more. The first aircraft will be delivered following its certification from the Civil Aviation Administration of China (CAAC), expected this summer, with the second delivery to follow about six months later. Blue Eagle is the exclusive distributor for the Kodiak in China, Hong Kong, Macao and Taiwan.

April 15, 2013 - 6:19am

Lufthansa Technik said today at ABACE that it is the market leader of narrowbody and widebody VIP completions for Asian customers, having outfitted 16 of 21 bizliners based in the region. “Asia has one of the highest growth rates for the VIP aircraft market,” according to Lufthansa Technik senior vice president of marketing and sales Walter Heerdt. In China alone, the Hamburg, Germany-based company has completed a dozen bizliners, with five outfitted narrowbodies delivered last year. Heerdt said Lufthansa Technik will hand over four more completed bizliners this year in China.

April 15, 2013 - 6:15am

Nextant Aerospace announced yesterday at ABACE 2013 in Shanghai that it has appointed China Great Wall Industry Corp. as its exclusive sales agent for the greater China region. The new China dealer has also placed an initial order for up to 18 Nextant 400XTs (three firm orders and 15 options) potentially worth $89 million.

 
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