Business

November 27, 2012 - 11:35am
VistaJet, Bombardier

VistaJet announced a deal today worth up to $7.8 billion for 56 Bombardier Globals, with options for up to another 86. Deliveries of this latest batch of Bombardier jets under firm order are due to begin in January 2014 and run through the end of 2017.

November 26, 2012 - 6:00pm

Tough economic times are resulting in innovations by carriers in the Asia Pacific region looking beyond traditional business models through strategic realignments and new product offerings. Recent ground-breaking deals include Virgin Australia selling a 10-percent stake to Singapore Airlines (SIA) and buying 60 percent of Tiger Airways; the new partnership between Emirates Airline and Qantas; and Etihad Airways purchasing a 10-percent stake in Virgin Australia.

November 26, 2012 - 6:00pm

More evidence of capacity constraint among U.S. airlines appeared in a recent quarterly earnings report from one of the fastest-growing carriers in the country. Virgin America, which has seen annual available seat mile (ASM) growth average 28 percent for the past three years, has reconsidered its fleet expansion strategy and said it would move to cut the number of airplanes it plans to add over the rest of the decade.

November 26, 2012 - 2:10pm

Embry-Riddle Aeronautical University (ERAU) graduate student Jared Wingo is looking for input for his master’s degree thesis entitled, “Benefits and Drawbacks of Electronic Flight Bags on Pilot Performance.” He’s looking for licensed pilots with EFB experience to take a five-minute survey looking at the differences between EFBs and paper charts. Direct questions can be sent to Wingo at efbresearch@gmail.com.

November 23, 2012 - 7:30am

Managers and R&D specialists from the aerospace, defense and security (ADS) sector met in London last week to explore emerging adjacent markets, such as energy, environment and climate; food and water security; and natural disaster protection and response. Sponsored by EADS, Finmeccanica, Lockheed Martin, Northrop Grumman, Raytheon and Saab, the event was the third in a series organized by British consultantcy Dynamixx, in association with IHS.

November 21, 2012 - 2:40pm

Bombardier has given ExecuJet Middle East its Authorized Service Facility (ASF) Excellence Award in the international category for the second year in a row. The Bombardier ASF Excellence Awards are presented annually to Bombardier ASFs, based on a set of 13 criteria, including quality assurance, technical compliance and customer influence as well as management and representative input. The ASF Excellence Awards are split into five categories: overall, North America, Europe and International authorized service facilities, and best line maintenance facility.

November 21, 2012 - 2:35pm

Shanghai Hawker Pacific Business Aviation Service Centre (SHPBASC) has been certified by the Civil Aviation Authority of the Cayman Islands to perform maintenance repair work on aircraft registered in that nation. The certification marks the first time a maintenance facility has been granted Cayman Islands’ approval in mainland China. “We have seen strong international traffic with the registration since we started business and are delighted to be able to add this capability for the business aviation community,” said Carey Matthews, general manager of SHPBASC.

November 21, 2012 - 2:30pm

Maximum Manuals, a provider of automated aviation manuals, has named Liz Ryan manager of North American sales and marketing. Until recently, the company has focused exclusively on the production of minimum equipment lists (MELs). Now it has expanded its product offerings to include automated RVSM manuals, as well as customized applications for approval and use of the Apple iPad as a Class 1 electronic flight bag.

November 21, 2012 - 2:25pm

StandardAero announced today it has appointed Rob Cords to the position of senior v-p of its airlines and fleets business.It is the largest of StandardAero’s business sectors.Cords previously served as senior v-p of corporate strategy and customer development since joining StandardAero in 2009. In his former role, he influenced the overall strategic direction of the company during a time of rapid growth and diversification. Before joining StandardAero he was associate partner for Oliver Wyman’s aerospace and defense practice.

November 20, 2012 - 3:15pm

A bankruptcy judge declined to sign an order yesterday allowing Hawker Beechcraft to expedite the sale of approximately 13 new, three in-production and four used Hawker 4000 business jets. On November 16, the company had asked for court authorization of the sale “for the best price possible under the circumstances, on an ‘as-is-where-is’ basis, with no warranty or support commitments.”

 
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