Business jet

May 13, 2014 - 3:28pm

At 0300 UTC tomorrow, Brazil is opening registration for business aviation slots during the 2014 World Cup, which will take place from June 12 through July 13 at 12 cities across the country. Civil aviation administration agency ANAC also announced fines of up to $40,000 and even suspension of pilot certificates if commercial and general aviation flights don’t comply with the slot restrictions.

May 8, 2014 - 3:37pm

Demand for charter flights is set to rise over the next 30 days as the European and North American markets gear up for the traditionally busy northern hemisphere summer season, according to data from online charter portal Avinode.

May 7, 2014 - 3:15am

The Spike Aerospace S-512 supersonic business jet concept has a unique feature that would set it apart from any other passenger jet, a windowless cabin. The benefits of building a fuselage without windows are significant, according to Spike Aerospace president and CEO Vik Kachoria.

May 3, 2014 - 6:00am

The business jet market has finally stabilized after five long years and is poised for growth this year, according to two outlooks presented at the NBAA Aircraft Finance, Registration and Legal Conference, held on February 6 and 7 in St. Petersburg, Fla. “Take a look around, because this is the recovery,” JetNet iQ director Rollie Vincent told attendees. Dean Roberts, director of market analysis at Rolls-Royce North America, concurred, saying that the industry is now “progressing well.”

May 2, 2014 - 2:45am

The Middle East’s gray market for charter is more active than in other parts of the world, despite efforts to crack down on it, and can represent up to 20 to 40 percent of bizjet flights, depending on the time of year, aviation officials said at MEBAC in Riyadh last month.

May 1, 2014 - 4:00pm

The business jet industry continued to build on its delivery momentum from last year, according to first-quarter delivery statistics released today by the General Aviation Manufacturers Association (GAMA). OEMs handed over 154 business jets worldwide in the first three months, a 19.4-percent increase over the 129 delivered in the first quarter of last year.

May 1, 2014 - 3:10pm

Bombardier Aerospace’s first-quarter revenues declined year-over-year by 8.6 percent, to $2.1 billion, the Canadian aircraft manufacturer reported today. Bombardier executives attributed the lower quarterly revenue in part to the sale of its Flexjet fractional ownership business last year and lower sales of pre-owned aircraft. Meanwhile, its order backlog for both commercial and business aircraft grew to a record $38.5 billion, 40 percent of which is for aircraft under development.

May 1, 2014 - 2:58pm

Embraer’s revenues in the quarter rose by $157 million, to $1.242 billion, while profits climbed from $30 million in the first quarter of 2013 to $110.6 million in the same period this year. At its Executive Jets division, first-quarter revenue soared to $267.4 million, up from $175.3 million a year ago. Embraer delivered 20 executive jets (17 light and three large) in the quarter, compared with 12 (eight light, four large) in the same period last year.

May 1, 2014 - 4:35am

China, as Asia’s largest prospective market for business aviation, always seemed an obvious choice as the location for the Asian Business Aviation Conference & Exhibition (ABACE). But with demand for business aviation now bubbling in other parts of Asia, and the industry having to show patience in waiting for China to fulfill its potential, some have questioned whether organizer NBAA might consider freshening up the event in some other venue.

April 29, 2014 - 2:36pm

FlightSafety International will build a new learning center in Columbus, Ohio, replacing the current facility there that dates back to 1999, the company announced today. Construction of the new facility will be completed in two phases, it said.

Phase one, scheduled for completion in December, will include a 55,000-sq-ft facility to house six full-motion flight simulators, 13 pilot and maintenance training classrooms, 12 briefing and debriefing rooms and 12 graphical flight-deck simulators.

 
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