Business

August 7, 2014 - 2:20pm

Business and general aviation flying in the U.S. has seen 15 months of growth, BBA Aviation CEO Simon Pryce noted on Tuesday during the company’s second-quarter investor call. Large-cabin jet flying in the U.S. has experienced 15 months of growth and is up 5 percent year-over-year in the first half; midsize jets, six months, 1-percent growth; and light jets, nine months, 3-percent growth. Business and general aviation movements in Europe declined by 1 percent year-over-year, he said. Pryce is predicting continued recovery in the North American market in the second half.

August 7, 2014 - 2:00pm

Delta Private Jets (DPJ) said that the guaranteed-income aircraft management program, Ownership Assist, it introduced in early June has been well received by customers. In fact, the company signed agreements for five new aircraft that are entering the fleet through this program, two of which have just been added to the managed fleet. Meanwhile, DPJ also continues to see increased demand, especially for its jet card.

August 7, 2014 - 2:10am

Known primarily for its pilot-centric product sales business, AviatMall has opened its first FBO at Wilmington International Airport in North Carolina, where it will be one of two service providers on the field. The company was awarded a five-year lease through an RFP process to occupy the 13-acre former Aero Services facility, which includes a 3,000-sq-ft terminal and 21,000 sq ft of hangar space that can accommodate aircraft up to a Challenger 605.

August 7, 2014 - 2:10am

Making synthetic training affordable by allowing customers to tailor programs to their specific needs is the idea behind Metro Aviation’s Shreveport, La.-based Helicopter Flight Training Center (HFTC).

August 7, 2014 - 1:55am

Vision Aviation, the lone services provider at Louisiana’s Lake Charles Regional Airport for more than a decade, has sold its FBO business to Freeman Holdings Group, owner of 11 Million Air locations, three of them in the Bayou State, including one at nearby Chennault International Airport. At the company’s request, the airport authority terminated its agreement with Vision Aviation and approved the sale of its assets, before granting a new 50-year lease to Freeman Holdings. Vision Aviation will continue to operate several hangars at the airport.

August 6, 2014 - 11:50am

Competing in the MRO business requires more than just maintenance skills and a good price, according to one company. Rick Veague, chief technical officer for IFS North America, a global enterprise software vendor, believes it also takes simple and efficient data tracking.

August 6, 2014 - 11:40am

Madrid-based charter operator Suraviation has signed an agreement with Marshall Aviation Services to provide MRO and technical support for Suraviation’s seven Cessna Citations, predominantly Mustangs, plus one CJ2. Marshall has 40 years’ experience with the Citation line and operates FlairJet, a Europe-based charter and management company operating a Cessna Mustang, Excel and Bravo as well as an Embraer Phenom 100 and King Air 350s.

August 6, 2014 - 11:25am

Precision Aviation Group has acquired Aviation Controls (ACI), an MRO for engine accessories specializing in components and accessories for the GE J-85, Honeywell LTS-101 and Rolls-Royce 250 engines. David Mast, president and CEO of PAG, said, “The acquisition of ACI further diversifies PAG’s MRO capabilities by expanding our services into engine accessories. Our investment in ACI allows us to provide our customers additional capabilities that will improve service levels and facilitate more streamlined purchasing operations.

August 6, 2014 - 5:35am

Evektor

EV-55 Outback

Malaysian company Aspirasi Pertiwi signed an agreement to invest in Kunovice, Czech Republic-based Evektor, which will help fund final development and production of the twin-engine EV-55 Outback utility airplane. The companies expect the June 26 agreement will eventually reach a total investment of $200 million.

August 6, 2014 - 5:20am

Deer Jet, China’s largest private aviation services provider, opened its newest base at Changsha Huanghua International Airport in Hunan Province. Funded jointly by the company and Hunan Airport Economic Development, the facility occupies nearly 108,000 sq ft and includes a lounge and a customer parking lot. The FBO handled its first flight on May 31, but it will service only Deer Jet flights until its official opening next May, according to a company spokesperson.

 
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