Business jet

August 1, 2014 - 6:00am

The results of this year’s AIN Product Support Survey are in, and some big changes have upended last year’s rankings.

July 31, 2014 - 6:00pm

Embraer remains on target for its annual delivery forecast, according to the Brazilian airframer. Speaking during a second-quarter earnings call this morning, CFO José Filippo said the company still expects to meet its goal of delivering between 105 and 120 executive jets for the year. He noted the manufacturer delivered 49 business jets (39 Phenoms, eight Legacy 600/650s and two Lineage 1000s) in the first half, 29 of them in the second quarter.

July 31, 2014 - 6:00pm

Airbus Group announced yesterday that it is “pursuing disposal options for its investment in Dassault Aviation.” Airbus’s 46-percent share gives it no power in decision making and is only a legacy of the share the French state used to have in Dassault. The Dassault family, via the GIMD holding company, owns slightly more than 50 percent of the manufacturer of the Rafale fighter and the Falcon business jets. Investor activist group TCI estimates that Airbus’s share in Dassault is worth €5 billion.

July 31, 2014 - 6:00pm

Business jet manufacturers saw a better than 12-percent jump in first-half global deliveries year over year, with 318 private jets handed over during the first six months, according to statistics released today by the General Aviation Manufacturers Association (GAMA). {{Pete Bunce quote TK – insert here}}

July 31, 2014 - 6:00pm

Bombardier Aerospace today reported second-quarter revenues of $2.5 billion, up from $2.3 billion a year ago, thanks to “higher deliveries of regional airliners but offset by lower business jet shipments due to the Challenger 350 transition,” noted Bombardier president and CEO Pierre Beaudoin. The division reported a pre-tax profit of $141 million in the quarter, some $3 million more than in the same period last year.

July 31, 2014 - 12:45pm

Embraer will begin assembling its new midsize Legacy 450 and 500 business jets at its Melbourne, Fla. campus by 2016, build a major new plant expansion there and add 600 jobs. Company executives announced the moves here at AirVenture on Wednesday. Embraer Executive Jets senior vice president Jose Eduardo Costas added that certification of the fly-by-wire Legacy 500 is “imminent.”

July 29, 2014 - 3:45pm

The Embraer Phenom 300 handed over to NetJets on Friday at Embraer Executive Jets’ Melbourne, Fla. facility marked three major milestones for the light jet program. It not only was the 25th Phenom 300 delivered to the fractional aircraft provider, it was also the 200th Phenom 300 and the 75th U.S.-assembled Phenom.

July 28, 2014 - 5:25pm

Al Gorthy’s recent NBAA webinar Runway Excursions, the Biz Av Perspective began with a recap of a few recent overrun accidents for perspective, namely those involving a Cessna Citation at Santa Monica, a Bombardier Challenger at Aspen and the Gulfstream GIV at Bedford, Massachusetts. According to Gorthy, who is the FAA’s assistant regional runway safety program manager, “75 percent of all business jet excursions happen on a dry runway more than 5,000 feet long.” Between 1995 and 2010, there were 660 runway excursions in the U.S., or about 44 each year.

July 17, 2014 - 3:10pm

Second-quarter revenues at Textron Aviation, which includes Cessna and Beechcraft, climbed $623 million year-over-year, to $1.18 billion, reflecting the Beechcraft acquisition in late March and higher jet deliveries. Textron Aviation delivered 70 turbine business aircraft during the quarter–36 Cessna Citations and 34 Beechcraft Kings Airs, up from 20 jets and 14 King Air turboprops in the same period last year.

July 17, 2014 - 2:47pm

Royal Jet, Abu Dhabi’s luxury air charter operator, postponed its major fleet-replacement orders until the second half of the year after a board meeting last month. However, the company hopes an eventual delivery schedule will not be affected by this delay.

 
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