Graham Partners, a private investment firm focused on investing in businesses with advanced industrial technologies and innovative products, has acquired Desser Tire & Rubber and affiliated companies. The investment firm has been seeking to make investments in the aviation product aftermarket Desser serves.
Columbus, Ohio-based Spirit Aeronautics is introducing a new level in its AOG and on-site service capabilities. “Customers don’t always have the choice of bringing us the aircraft or have time to wait for service,” said Tony Bailey, president of Spirit Aeronautics. With that in mind, the company created its Aircraft-on-Demand Service Program to support customers who cannot move the aircraft for physical or financial reasons. “We will provide avionics, interior and maintenance service at their location, when they need it,” he added.
The FAA has granted Colorado Springs-based Trine Aerospace & Defense certification that enables it to perform maintenance, repair and overhaul services on rotary-wing aircraft.
“Trine is one of the few facilities in our region with helicopter repair station certification,” said Britt Ham, the company’s president and CEO. “The certificate enables us to serve our customers better by providing in-house repair and replacement of non-warrantied parts as well as avionics and installation repair.”
Following a “tepid” first quarter, business aviation flying made a strong comeback in the second quarter, according to business aircraft hourly-cost maintenance provider JSSI. The company’s business aviation index for the second quarter shows that global business aviation flight activity ramped up by 8 percent quarter-over-quarter and 3 percent from a year ago.
Second-quarter business jet deliveries climbed by 30 percent in North America, but this gain was more than offset by deficits in the rest of the world, according to data released yesterday by UBS Global Research. Global business jet shipments, excluding very light jets, fell 1 percent during the quarter, dragged down by losses in other world regions: -50 percent in Asia-Pacific outside China/India, -39 percent in China/India, -23 percent in Western Europe and -21 percent in emerging countries in Europe, the Middle East and Asia.
The Melbourne (Fla.) Airport Authority is expected to approve Embraer Executive Aircraft’s plans for a Legacy 450/500 assembly facility during a special meeting tomorrow morning. Embraer has proposed constructing a $76 million, 250,000-sq-ft building that would be situated between its business jet delivery center and Phenom 100/300 assembly facility on the north side of Melbourne International Airport.
The second annual African Business Aviation Association (AfBAA) Symposium is set to take place in Johannesburg, South Africa, on September 14 and 15. It promises to build on the strong foundations laid at the inaugural event in Marrakech last year that encouraged African business aviation stakeholders to continue to invest in the sector, maximize economic growth and participate in events that help to develop the industry on the continent.
The Middle East Business Aviation Association (MEBAA) will host its next MEBAA Conference in Amman, Jordan, on October 14. Initial plans called for it to be held in Tunisia next month, MEBAA said, but this venue has been postponed until next year. Following the success of the last MEBAA Conference in Riyadh, Saudi Arabia, in April, the event in Jordan will also draw upon members and prominent stakeholders across the region’s aviation sector “to deliberate and discuss the issues pertaining to the Middle East and North Africa’s business aviation market.”
The healthy crop of new airliner orders announced by Boeing during July’s Farnborough International Air Show made a big impact on U.S. trade figures. New Department of Commerce data on manufactured durable goods revealed that orders announced at the biennial show for at least 228 new Boeing aircraft saw total orders in this sector rise by 22.6 percent in July to total $300.1 billion.
Singapore-based aircraft leasing company BOC Aviation said it was responding to Asian airline customers that are expanding or replacing their older aircraft by placing its largest-ever order with Boeing.