Charter broker Avinode said today that business jet departures in the U.S. have started out somewhat slower this year. During the first 22 days of 2012, there were 99,981 business jet departures in the U.S., according to research done by the company. That number is 6.2 percent lower than in the same period last year. However, Avinode noted, it is up 0.9 percent from 2010 and 15.5 percent higher than 2009. Ultra-long-range jets have taken the biggest hit in the early January numbers, it said.
Business
January 24, 2012 - 3:15pm
Tarek Ragheb–who has headed the Gulfstream sales organization in Europe, the Middle East and Africa (EMEA) for the past 18 years–is assuming new responsibilities for advising and supporting the group he helped develop, the company said yesterday. In his new role as senior adviser to the international sales team for EMEA, Ragheb will provide strategic guidance and counsel to the staff. Ragheb was most recently regional senior vice president of EMEA international sales.
January 24, 2012 - 3:00pm
In its just released 2012 to 2016 strategic agenda, Aéroports de la Côte d’Azur, the French company managing Cannes and Nice airports, is planning major investments for business aviation. In Nice, parking capacity is expected to increase from 51 to 72 aircraft positions in 2014. In Cannes, an additional hangar will open late this year, and a second one–“if needed”–opens in late 2016.
January 23, 2012 - 5:59pm
Starting 2012 with a record backlog of airliner orders, Airbus remains unconcerned that fall-out from anticipated capital exposure by banks to Europe’s debt crisis could undermine its position.
January 23, 2012 - 12:16pm
CFM International recorded a record year in 2011, logging orders for 1,500 commercial, military and spare CFM56 engines and commitments for 3,056 Leap engines for a combined value of $51.7 billion at list prices.
January 21, 2012 - 3:19pm
Kestrel Aircraft CEO Alan Klapmeier pushed the recall button on January 16 and cashed in to the tune of potentially $118 million. The company is abandoning its plans to set up production of its single-engine turboprop K-350 in Maine in favor of Superior, Wis.
January 20, 2012 - 10:35am
EADS’s goal of maintaining equal revenues at its civil and military businesses continues to be compromised by the stellar success of its Airbus division. The European group’s soon-to-retire president and CEO, Louis Gallois, acknowledged as much on January 17 at the EADS New Year Press Conference in Hamburg, Germany.
January 20, 2012 - 10:25am
BAE Systems revealed L-3 Link Simulation & Training as its partner to provide the ground-based training system for BAE’s Hawk Advanced Jet Training System (AJTS), proposed for the U.S. Air Force T-X jet trainer replacement program. L-3 Link, based in Arlington, Texas, joins Northrop Grumman as announced partners on the BAE pursuit team.
January 19, 2012 - 3:35pm
The pre-owned business aircraft market showed improvement in the fourth quarter, according to data released today by business aviation information services firm Amstat. But, it added, performance was not consistent across market segments.
January 19, 2012 - 3:30pm
Jet Services, a company active in the French business aviation industry since 2009, has taken control of Darta, a 40-year-old executive air charter operator based at Paris Le Bourget Airport. The firm, belonging to the Ségur private equity group, bought 90 percent of Darta’s shares in late December, according to Jet Services and Ségur president Marie-Antoinette Dain. The move was announced this week. Dain told AIN that Darta’s current fleet of 10 business aircraft will soon expand.
