Embraer delivered the first Legacy 500 on Friday, less than two months after the fly-by-wire midsize jet obtained certification from Brazilian civil aviation authority ANAC. The launch customer, an unidentified Brazilian company, accepted the aircraft during a ceremony at Embraer headquarters in São José dos Campos, Brazil.
NBAA’s two-day Tax, Regulatory and Risk-management Conference starts on Sunday in Orlando, Fla., ahead of the association’s annual convention there. On the conference agenda are sessions on ownership and operating structures, tax planning, financing, leasing, personal use of business aircraft, use policies and aircraft transactions. According to NBAA, the conference is geared for flight department personnel, aviation attorneys and financial advisors.
Nextant Aerospace made the first UK delivery of its 400XTi remanufactured jet on October 13. The aircraft, which is the seventh to go to a European operator, will be flown by Norwich-based charter group SaxonAir. According to Nextant, the 400XTis operating in the European charter market are logging more than 80 to 90 hours per month each. “The 400XTi’s range allows our customers direct travel anywhere in Europe for considerably less than any other light jet and without sacrificing performance and comfort,” said SaxonAir commercial director Chris Mace.
In a deal that could be a preview for the already red-hot helicopter leasing market, GE Capital Aviation Services (Gecas) announced October 13 that it is acquiring helicopter leasing firm Milestone Aviation for $1.775 billion.
Business aircraft activity in the U.S. increased for the 10th straight month, climbing 3.9 percent last month versus a year ago, making it the busiest September for business aviation since the same month in2008, according to data released today by aviation services company Argus. For this month, Argus estimates that flying will increase by 0.9 percent year-over-year.
The world’s longest-range business jet–the Gulfstream G650ER–was certified this week by the FAA, the Savannah, Ga.-based aircraft manufacturer announced yesterday. Gulfstream Aerospace revealed the 7,500-nm business jet in May at EBACE and expects to deliver the first fully outfitted G650ERs to customers by year-end, a few months ahead of previous delivery date projections.
Embraer Executive Jets broke ground today on an expansion project at its Melbourne (Fla.) International Airport campus that will allow Legacy 450/500 assembly to begin there in the second half of 2016. The company plans to deliver at least one Legacy 500 from the facility in 2016 and has a planned production capacity of six per month. The aircraft manufacturer has assembled and delivered nearly 80 Phenom 100s and 300s from the Florida facility since 2012.
SmartSky Networks is launching an airborne 4G LTE-based network, SmartSky, which will serve both business aviation and the airlines starting in 2016. According to the Melbourne, Fla.-based company, SmartSky will provide more than 10 times the typical speed and capacity of networks currently on the market by using 60 MHz of spectrum for its air-to-ground (ATG) data communications.
Rockwell Collins signed on the 1,500th business aircraft for its Corporate Aircraft Service Program (CASP) this week, the company said yesterday. The agreement was coordinated by Germany-based Rheinland Air Service, a Rockwell Collins-authorized dealer. CASP offers corporate aircraft operators maintenance for avionics and cabin entertainment equipment. Rentals, exchanges, component repairs, comprehensive reliability upgrades, equipment removal and refit coverage are also included, Rockwell Collins said.
The U.S. Federal Aviation Administration has no choice but to cut the services it provides or raise more money over the next decade, according to an FAA executive involved in planning the agency’s next reauthorization.