Business

February 13, 2013 - 12:43pm

Airbus ProSky and the Civil Aviation Authority of Singapore (CAAS) signed a research and collaboration agreement to jointly develop a concept of operations for air traffic flow management (ATFM) in Singapore and the Asia-Pacific region based on “collaborative decision making” among airspace users.

February 13, 2013 - 11:45am

Lufthansa Technik Switzerland in Basel has been unable to sustain its operations and will be closing its two line maintenance and logistics services businesses at the end of April.

“We will no longer have any operations at Basel Airport. We’re leaving the facility permanently,” a spokesman for the MRO told AIN. According to the company, the plant closure will lead to 31 job terminations, though another 29 employees will transfer to Swiss at the Basel site.

February 13, 2013 - 11:40am

The FAA has approved Shanghai Hawker Pacific Business Aviation Centre (SHPBASC) as an overseas repair station. This makes the FBO at Shanghai’s Hongqiao International Airport the first dedicated business aviation support facility to hold this Part 145 approval in mainland China. Shanghai Hawker Pacific filed its application just a few days before Aug.

February 13, 2013 - 11:15am

Dean Athans has been named president of the Engine Alliance, succeeding Mary Ellen Jones, who is returning to a senior leadership position at Pratt & Whitney. Athans joins Engine Alliance from the GE Power & Water Aero Derivatives business, where he led the LMS100 power turbine product line since 2010. Before that, Athans spent 25 years at GE Aviation, where he held many technical, operation and commercial leadership roles.

February 12, 2013 - 4:15pm

While many prognosticators forecast last year as the beginning of a resurgence for business aircraft manufacturers, those hopes will have to move to this year, according to 2012 aircraft delivery numbers released this morning by the General Aviation Manufacturers Association. While 2012 saw a modest increase in overall turbine aircraft shipments, the gains were solely in the lower-end, non-pressurized turboprop segment as overall billings decreased by nearly 1 percent from $19 billion to $18.9 billion year-over-year.

February 12, 2013 - 4:10pm

Aircraft manufacturers will deliver an estimated 9,400 business jets worth $253 billion over the next 10 years, according to a forecast released late last week by Montreal-based business aviation services firm Zenith Jet.

February 12, 2013 - 3:55pm

Newly formatted data from online charter portal Avinode gives a clearer impression of the fluctuations in charter aircraft demand and pricing.

February 12, 2013 - 3:47pm

Charter firms XOJet and Travel Management Co. (TMC) announced a new alliance yesterday to integrate the latter’s fleet into XOJet’s operations. The two companies have a combined fleet of more than 100 jets, though they will remain separate entities.

Elkhart, Ind.-based TMC operates a fleet of 24 Hawker 400XPs and 30 Hawker 800XPs, while XOJet operates Bombardier Challenger 300s, Cessna Citation Xs and Hawker 800XPs. Under terms of the deal, XOJet will sell all seven of its 800XPs to TMC and concentrate on expanding its fleet of super-midsize aircraft.

February 12, 2013 - 3:43pm

Italian police arrested the current and former CEOs of AgustaWestland on bribery charges this morning and raided the company’s Milan headquarters. Giuseppe Orsi, who served as the helicopter manufacturer’s CEO until December 2011 and is currently head of its parent company, Finmeccanica, was taken into custody, while current AgustaWestland CEO Bruno Spagnolini was placed under house arrest.

February 8, 2013 - 11:00am

Defense contractors flocked to Bangalore for the Aero India show this week, even as the Indian government confirmed that the years of plenty might be over. Defense minister A.K. Anthony confirmed that his spending would be cut in the fiscal year that starts in April, although not on “operational preparedness.”

 
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