Business jet

August 6, 2014 - 12:20am

Fifteen years after inventing the jet card, which simplifies the purchase of a block of charter hours, Sentient Jet sees no slowdown in demand for the product it pioneered. “We’re having a great year,” said Sentient president Andrew Collins. “In many respects it feels a lot like stuff we’ve been talking about is coming to fruition.”

August 5, 2014 - 3:36pm

In this year’s AIN Product Support Survey, Embraer and Gulfstream tied for first place in business jet support.The results were released on Friday. Both companies’ support scores dropped to an overall average of 8.1 (out of 10), down from 8.2 for Embraer and 8.3 for Gulfstream in last year’s survey. This is the first time in many years that Gulfstream hasn’t owned the top spot by itself.

August 5, 2014 - 3:08pm

Embraer plans to begin assembling its new midsize Legacy 450 and 500 business jets at its Melbourne, Fla., campus by 2016. The company will break ground soon on a major new plant expansion at its Melbourne facility and expects to add 600 more jobs when it is fully up and running. Embraer already assembles Phenom 100s and 300s at the Florida facility. Meanwhile, Embraer Executive Jets senior vice president Jose Eduardo Costas added that certification of the fly-by-wire Legacy 500 is “imminent.”

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.

 
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