Business

May 20, 2013 - 3:25pm

Tough business conditions in Europe have gone on much longer than anyone here at this year’s EBACE would have liked, show organizers said today at a media briefing, but the continent’s business aviation community is putting those concerns to one side this week as it seeks to convince policy makers of the value the sector delivers. The value of the show itself is in no doubt, with the amount of exhibit space occupied this year at Geneva’a Palexpo center matching last year’s record numbers and the static display having to be increased in size to accommodate no fewer than 52 aircraft.

May 20, 2013 - 3:20pm

Gulfstream Aerospace announced today at EBACE that it is bolstering its sales and marketing presence in Europe as the Gulfstream fleet continues to expand there. As part of this effort, Gulfstream is opening a new sales and design center in London’s exclusive Mayfair district next month. In addition, Gulfstream has appointment four new company-authorized independent sales representatives in Europe and Africa: Tim Leacock Aircraft Sales in the UK; ATP Aviation in Ankara, Turkey; Loyd’s Aviation Group in Slovakia, Czech Republic; and Evergreen Apple Nigeria in Lagos.

May 20, 2013 - 3:10pm

Dassault is still waiting for a recovery of the U.S. business aircraft market–a market that has “no reason not to be back,” company officials said today at EBACE. They are perplexed by worldwide sales trends. “In 2013, we had a good early start in January and February but then things were disappointing,” said Dassault Falcon Jet president and CEO John Rosanvallon. In the U.S., CEOs say they are confident about the economy “but the dynamics in Washington are not helping,” he said. In Europe, flying hours show no sign of recovery yet.

May 20, 2013 - 2:20pm

Tough business conditions in Europe have gone on much longer than anyone here at this year’s EBACE show would have liked, but the continent’s business aviation community is putting those concerns to one side this week as it seeks to convince policy-makers of the value the sector delivers. The value of the show itself is in no doubt, with the amount of exhibit space occupied at Geneva’s PalExpo center matching last year’s record numbers and the static display having to be increased in size to accommodate 52 aircraft.

May 20, 2013 - 2:10pm
Jetex and Honeywell

Fast-growing flight planning and support group Jetex Flight Support has forged a new alliance with Honeywell. At the EBACE show yesterday, the companies signed an agreement to jointly offer their flight-planning, aircraft datalink, flight-following and international trip support services.

May 20, 2013 - 1:40pm
Dassault Falcon Jet

Dassault is still waiting for a recovery of the U.S. business aircraft market–a market that has “no reason not to be back,” company officials said at EBACE on Monday. As are most industry executives, the Dassault officials appeared perplexed by worldwide sales trends.

“In 2013, we had a good early start in January and February but then things went disappointing,” said John Rosanvallon, president and CEO of Dassault Falcon Jet (Booth 7090). Net sales in the first quarter reached 14, a better performance than the 10 sales during last year’s first quarter.

May 20, 2013 - 12:45pm
Scott Neal

Gulfstream Aerospace announced yesterday at EBACE that it is bolstering its sales, marketing and aircraft support presence in Europe as the Gulfstream fleet continues to expand, apparently unabated by any lingering economic uncertainty. In fact, there are now 246 Gulfstreams based in Europe–182 in Western Europe and 64 in Eastern Europe–more than double the number as recently as 2006, the U.S. aircraft manufacturer said.

May 20, 2013 - 11:57am
Beechcraft

Since it exited a 10-month restructuring process and Chapter 11 protection in February, the rebranded Beechcraft (formerly Hawker Beechcraft) has performed well and is even looking at possible new models to bolster its turboprop line-up.

May 20, 2013 - 9:35am

Boeing’s recent assertion that the appetite of capital markets to fund airliner orders has increased comes as especially welcome news to manufacturers and their customers at a time when other sources of funding seem under pressure. Export credit, in particular, now comes generally at higher interest rates and with tougher equity requirements. At the same time, such government-backed capital has become a hostage to global politics, according to Kostya Zolotusky, managing director for capital markets development and leasing at Boeing Capital.

May 20, 2013 - 9:30am

Although business has been tough for UK helicopter charter companies in recent times, Capital Air Services is in the process of increasing its managed fleet with the addition of two Sikorsky S-76++ helicopters. This will bring the S-76 fleet to three, to operate alongside a Eurocopter EC155 and a pair of EC135s.

 
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