Business

March 14, 2013 - 3:10pm

The UK’s air passenger duty (APD) tax, which has been in effect for the airlines for several years, will officially be extended to business aircraft passengers on April 1. APD applies only to aircraft taking off from a UK airport, meaning it is a departure tax, based on the number of chargeable passengers, the distance to their destination and the “class” in which they are traveling.

March 14, 2013 - 3:05pm

Embraer’s business-aviation results for fiscal year 2012, released yesterday, were flat, with deliveries of 99 business jets equaling the tally in 2011. But net revenue increased, to $1.292 billion last year from $1.118 billion in 2011, thanks to a more favorable mix of model deliveries.

In 2011, the Brazilian OEM delivered 83 light jets and 16 large jets. Last year those numbers shifted, with deliveries of 77 light jets and 22 more lucrative large jets, boosting executive jet revenue by more than 20 percent last year.

March 14, 2013 - 3:00pm

With the FAA set to announce its finalized cost-cutting plan under sequestration on Monday–which could result in the closing of nearly 170 air traffic control towers and other agency facilities–NBAA president and CEO Ed Bolen sent a letter to FAA Administrator Michael Huerta to outline the business aviation community’s “significant concerns” with the plan and offer proposals for mitigating the situation.

March 14, 2013 - 2:55pm

Dassault delivered 66 Falcons last year, up from 63 the year before, the company announced today. The manufacturer expects to deliver “around 70 Falcons” this year. Last year, salespeople took orders for 58 business jets, a notable increase from 36 in 2011. The Falcon market is “still convalescent,” Dassault CEO Eric Trappier said. He hopes for a recovery, especially in the U.S. Some regions, such as South America, Russia and Northern Europe, are “very active,” he added.

March 14, 2013 - 2:45pm

Cessna Aircraft plans to expand its worldwide sales force by nearly 50 percent and currently has nearly 40 aircraft sales job openings listed on its careers page, the company announced today. As part of this effort, the company is placing an emphasis on decentralized satellite offices in global markets where Cessna’s presence is established or where the company sees growth opportunities.

March 14, 2013 - 2:35pm

Duluth, Minn.-based Cirrus Aircraft promoted executive vice president and COO Pat Waddick to president and COO. CEO Dale Klapmeier said the timing of the announcement couldn’t be better, as the company begins “to accelerate the Vision SF50 Jet program as we aim to fly the first conforming certification aircraft within the next 12 months.” In his new role, Waddick will have responsibility for daily company operations, including sales and service, manufacturing and supply chain, product development and administration.

March 12, 2013 - 3:40pm

Less than a week after touting his company’s accomplishments at Heli-Expo 2013, Eurocopter CEO Dr. Lutz Bertling, 50, has resigned effective April 30, parent company EADS announced this morning. He joined Eurocopter in 2003 and became CEO in 2006. During his tenure, Eurocopter’s sales nearly doubled to $8.3 billion.

March 12, 2013 - 3:17pm

Bell Helicopter took in orders for 50 helicopters last week at Heli-Expo in Las Vegas. According to the company, American Medical Group Holdings placed an order for 30 helicopters at the show, while orders for 20 more came from international customers in Latin America, Europe and Asia. “We set out aggressive customer interaction and sales goals for Heli-Expo,” Bell Helicopter president and CEO John Garrison said. “It has been an exciting and intense few days spending time with hundreds of our best customers.”

March 12, 2013 - 3:00pm

Bombardier Aerospace confirmed that CDB Leasing, a subsidiary of China Development Bank, is the previously unidentified customer that placed an order on December 21 for five Global 6000s worth approximately $293 million. CDB Leasing is the bank’s sole leasing arm. “We are positive about the general aviation market, especially in China,” said CDB Leasing chairman Wang Chong. “The relationship between CDB Leasing and Bombardier on Global 6000 jets is also the beginning of our new endeavor in the business aviation industry.”

March 12, 2013 - 11:53am

A study commissioned by the trade group representing the unmanned systems and robotics industry forecasts that unmanned aircraft systems (UAS) will generate $13.6 billion in economic impact in the first three years after they are cleared to operate in the U.S. National Airspace System.

 
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