Business

October 29, 2012 - 10:40am
Boeing 747-8F

Following up on Boeing’s recent bullish 20-year forecast for freighter aircraft demand, CEO Jim McNerney acknowledged that the market for freighters looks soft in the near term. Nevertheless, during the company’s third-quarter earnings call last Wednesday he noted that the company has “pretty much” filled all of next year’s delivery slots for its newest freighter–the 747-8F–and that, in the long term, the case for a robust freighter market remains “compelling.”

October 29, 2012 - 10:10am

This year marks the 50th anniversary of Rolls-Royce introducing its ground-breaking Power-by-the-Hour support package with a service developed for the Viper engines on the HS125 jet. That was back in 1962, and the engine manufacturer still has one aircraft supported on that program.

October 29, 2012 - 10:00am

French electronics provider PGA Electronics is introducing its new Smart Touch Cabin, a wireless software application that allows passengers to control cabin functions from any point in the cabin using Apple mobile devices such as the iPad and iPhone. The customized interface, according to the company, allows control of most aspects of the cabin, from lighting and entertainment to electric shades.

October 29, 2012 - 9:15am

Early next year, the Flight Safety Foundation (Booth No. 3532) expects to publish operational guidelines for its members on the conduct of stabilized approaches, according to COO Kevin Hiatt. The guidelines arise from analysis of trends gathered from corporate flight-operational quality assurance (C-FOQA) data.

October 29, 2012 - 9:00am
Frankie Valli and the Four Seasons

Fresh from a limited Broadway engagement, where they celebrated their 50th anniversary, Frankie Valli and the Four Seasons have arrived in Orlando to entertain NBAA members and guests at the NBAA/Corporate Angel Network (CAN) gala on Wednesday night. The event, billed as an Evening with Angels, will be staged at the Peabody Orlando’s Grand Ballroom from 6 to 11 p.m. Individual tickets, which include admission to the cocktail reception, dinner, entertainment and live and silent auctions, are $350. For members who want to attend just the concert, the entertainment-only ticket is $150.

October 28, 2012 - 7:30pm
Honeywell Forecast

Nearly 10,000 new business jets worth about $250 billion are predicted to be delivered from 2012 to 2022, according to Honeywell’s 21st annual business aviation outlook, released Sunday evening. The forecast reflects an approximate 9 percent increase in projected delivery value over last year’s 10-year prognostication, driven by pricing increases and a continued trend toward more demand for higher-priced larger business jets.

October 26, 2012 - 11:45am

In the last few days Selex Galileo has flight-tested its Falco UAV for the first time with the company’s Gabbiano T20N radar installed. Typically the Falco carries the Selex Galileo PicoSAR multi-mode AESA radar in the nose, but the Gabbiano provides an option giving enhanced maritime capability.

October 25, 2012 - 3:40pm

Third-quarter revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, were $1.8 billion, up 30 percent from a year ago due to more green G650 deliveries, while profits rose 20.3 percent, to $261 million.

October 25, 2012 - 3:35pm

According to figures released today by business aviation data company Amstat, the long hoped-for “broad based business aircraft resale market recovery still remains elusive.” While inventories of pre-owned business aircraft continued to contract and transaction activity continues to increase on a year-over-year basis, the rate of improvement slowed in the third quarter, it said.

October 25, 2012 - 3:25pm

Ontario Premier Dalton McGuinty resigned last week and “prorogued” (read: suspended) the provincial parliament, a move that automatically shuts down its Committee on Public Accounts’ ongoing investigation into Ornge, the provincially funded air ambulance service.

 
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