Business

August 20, 2014 - 11:30am

Banyan Air Services of Fort Lauderdale, Fla., has been named a HondaJet dealer serving the Southeast U.S. Under the agreement, Banyan Air Services will provide HondaJet sales and service for the eight-state territory that includes Florida, Georgia, Alabama, Mississippi, Louisiana, Arkansas, Tennessee and South Carolina.

August 20, 2014 - 11:20am

The business and assets of California-based Technical Metal Finishing (TMF) have been acquired by Nasmyth Group as part of that company’s implementation of an international growth strategy. TMF (to be known as Nasmyth TMF) offers a range of metal surface finishing capabilities including precision masking, anodizing and chemical film coatings, passivation, painting and non-destructive testing. According to the Nasmyth Group, TMF complements its four metal-surface-finishing businesses in the UK providing precise, aerospace industry- and Nadcap-approved treatments for metals.

August 20, 2014 - 11:15am

StandardAero Business Aviation received FAA Satellite Repair Station authorization for its new satellite facility at Houston Hobby (HOU) Airport. The company launched the new repair station last June to supplement its facility at George Bush International (IAH).

August 20, 2014 - 11:05am

IDG Europe has joined Greenwich AeroGroup’s dealer network for the installation and certification of LiveAero Broadband Satcom systems. Sweden-based IDG Europe is a turnkey satcom solutions provider with more than 20 years of experience. It recently launched a new division of the company called idg.aero that provides global satellite communications for the whole aircraft from safety communications to high-speed broadband and tracking services.

August 20, 2014 - 10:55am

Henry Lisboa has joined Dallas Airmotive as its newest territorial director. He will lead the company’s sales efforts in Central and South America. Lisboa has more than 25 years of sales and customer experience in business and general aviation and the rotorcraft industry. He was previously director of sales at Heli-One, where he was responsible for the sales and marketing of services related to helicopters, engines, avionics, dynamic components, leasing, sales and exchanges of available stock and equipment.

August 20, 2014 - 5:00am

Jet-Care, a provider of engine condition trend monitoring services, has launched an engine trend program for the Pratt & Whitney Canada PT6 engine as part of its Gas Path Analysis (GPA) portfolio.

August 19, 2014 - 3:50pm

Just five months after celebrating the delivery of its first new-build Eclipse 550 light jet, Eclipse Aerospace laid off a “substantial” number of employees at its Albuquerque, N.M. headquarters and facilities in Chicago and Charleston, S.C., citing slow sales for its very light jet.

August 19, 2014 - 3:40pm

Business jet demand has not recovered in line with corporate profits as it has in the past. J.P. Morgan aerospace analyst Joseph Nadol III attributes the sluggishness to “the stigma attached to bizjets during the recent recession and a focus on cost cutting among corporate customers. We estimate that 2013 U.S. corporate profits were up about 50 percent from the 2008 trough, whereas bizjet deliveries have yet to turn up decisively.”

August 19, 2014 - 3:30pm

Europe has delayed the mandate for ADS-B out equipage in its airspace. The earliest ADS-B out requirement in Europe was Jan. 8, 2015, for new aircraft, with retrofit installations due Dec. 7, 2017. The new dates are June 8, 2016, for new aircraft and June 7, 2020, for retrofit.

August 19, 2014 - 3:25pm

Signature Flight Support added three new FBOs to its network on Friday with acquisition of the FBO 2000 chain and its three Caribbean locations. The purchase includes facilities at V.C. Bird Antigua International Airport, R. Bradshaw International Airport in St. Kitts and Vance W. Amory International Airport in Nevis.

 
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