Business

April 2, 2013 - 3:18pm

Bedford, Mass.-based Jet Advisors is offering a new tool, dubbed the Private Jet Index, to support the aircraft-selection process by ranking and statistically scoring more than 30 parameters. Company president Kevin O’Leary said the patent-pending index also considers the needs and wants of each individual buyer and then weighs the aircraft scores accordingly.

April 2, 2013 - 2:55pm

Evergreen Apple Nigeria (EAN) has been selected by Sharjah, UAE-based aviation business services firm Avjet Routing as its preferred ground handler in Nigeria, with principal services being provided at Murtala Muhammed International Airport in Lagos. The agreement, which was ratified last month, means that all private and business aviation traffic from Avjet Routing passing through Lagos will be handled exclusively by Evergreen Apple Nigeria.

April 2, 2013 - 5:10am
Two Year Inventory Trend

With one quarter of the year in the rear-view mirror, the pre-owned market enters one of its historically busier quarters, and with some key economic indicators showing improvement, this year may be setting up to be busier than many recent ones. So many aircraft values have done nothing but fall for nearly five years. Now some are showing signs of resisting that perennial trend. A number of segments continue to edge ever closer toward right pricing, but others have fallen so far that they are beginning to move quickly.

April 2, 2013 - 4:45am

Cirrus Aircraft remains committed to the single-engine Vision SF50 jet program, and with suspension of the Diamond D-Jet is now the front-runner in the race to bring a single-engine jet to market. Cirrus has hired more than 100 engineers, designers and technicians for the Vision team and is recruiting additional personnel, according to the company. Most recently, Cirrus promoted former executive v-p and COO Pat Waddick to president and COO.

April 2, 2013 - 4:10am
LAM Embraer E190s based at Mozambique’s Maputo International Airport have replaced Boeing 737-200s.

The success enjoyed by outside players in providing capacity to Africa has meant regional and domestic business has assumed ever-increasing importance not just for Africa’s indigenous airlines but for the continent’s economic growth as well. The tremendous distances between population centers and the lack of convenient and reliable roads also make Africa a bumper opportunity for suppliers of regional jets with seating capacities of around 100.

April 2, 2013 - 4:05am
Signature’s proposal includes construction of a 10,000-sq-ft executive terminal at San Jose.

A final decision could come this month on a contested development plan at California’s Norman Mineta San Jose International Airport. While Signature Flight Support’s bid to build an $82 million FBO facility received an official endorsement from the airport’s evaluating staff in February, Atlantic Aviation–currently the lone service provider at the airport–appealed that recommendation. The City Council is set to consider the award on or after April 9.

April 2, 2013 - 2:35am

Bell Helicopter is moving rapidly to expand its U.S. and international product support, modifications and sales capabilities. That’s the message from company executives Danny Maldonado, senior vice president of commercial sales and marketing, and Eric Cardinali, senior vice president of customer support and services.

April 2, 2013 - 12:20am

Hawaii’s Island Air closed the sale of the airline in late February to a newly formed holding company owned by the billionaire co-founder and CEO of Oracle, Larry Ellison. Island Air said it plans no staff changes and will continue its operations as usual while it maps out routes, airplane acquisitions and services.

April 1, 2013 - 6:00pm

While at first glance the 2013 Paris Air Show might look much the same as previous editions, it promises new wrinkles for attendees. This time around, the biennial gathering at Le Bourget Airport will focus on attracting young people into the aerospace workforce and on business-to-business opportunities, said the show’s new chairman and CEO, Emeric d’Arcimoles. Speaking at a show organizers’ news conference last Wednesday in Washington, D.C., d’Arcimoles lamented a seeming lack of interest in aerospace by young people.

April 1, 2013 - 6:00pm

French aerostructure specialist Daher-Socata appears determined to reduce lead times in an effort to accommodate demand from OEMs. It predicts its ongoing production rate increases will contribute to a major jump in revenues, as outlined in Daher’s recently announced Performance 2017 strategic plan. Performance 2017 calls for a turnover increase from €925 million ($1.2 billion) in 2012 to €1.5 billion ($1.9 billion) in 2017. Aerospace and defense activities, under the Daher-Socata brand, account for 60 percent of the group revenues.

 
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