At the LIMA show, Dassault signed a memorandum of understanding to establish a local partnership with Strand Aerospace Malaysia. The aircraft components company, which was founded in 2006, is expected to support Dassault in engineering projects. The alliance will see a group of Strand engineers deployed to Dassault’s facility in Bordeaux, France, to get involved in design work for Falcons. “The business jet technology from Dassault Aviation is opening the door for us and will add a further feather in our cap,” said Strand Aerospace Malaysia CEO Naguib Mohd Nor.
Embraer Executive Jets delivered the first of up to 125 “Signature Series” Phenom 300s to NetJets during a ceremony yesterday at the aircraft manufacturer’s Phenom assembly facility in Melbourne, Fla. In October 2010 NetJets placed a firm order for 50 of the specially outfitted light jets, with options for 75 more. Including all options, the order is worth more than $1 billion.
Conklin & de Decker released the 2013 edition of its Aircraft Cost Evaluator, which offers benchmarking, operating and ownership cost data to the business aviation industry. The evaluator provides aircraft owners, operators, brokers and dealers with side-by-side operating cost, specification and performance comparisons for some 550 business jets, turboprops, helicopters and piston aircraft. Newly added aircraft include the new Cessna Citation Sovereign, Cessna 208 Caravan EX and Eurocopter AS365N3+ and EC145T2.
Jet Aviation Dubai has been authorized to provide base and line maintenance for the Boeing 737 700/800, Embraer 135/145, Falcon 900EX EASy, Gulfstream IV/V/450 and Hawker 800/900 in addition to its existing approval for Falcon 7X/2000 line maintenance. Jet Aviation Dubai’s maintenance and FBO location was established in May 2005 as a joint venture company with the AL Mulla Group.
The facility has 45,192 sq ft of hangar space, a workshop area of 10,760 sq ft, and a two-story, 11,300-sq-ft FBO building.
While pre-owned business aircraft inventories continue to drop from 2009 highs, the overall market remains mixed, according to data released yesterday by Amstat. “The data reflects the current fragmented nature of this market,” said Amstat executive vice president Tom Benson. “On a quarter-by-quarter basis, it is difficult to apply broad statements on performance across the market as a whole.”
Embraer delivered 12 business jets in the first quarter, one fewer than it did in the same period a year ago. While the number represented a slight dip, the firm order backlog increased to $13.3 billion by the end of the quarter, up from $12.5 billion in the previous quarter. The Brazilian OEM also noted that for the first quarter, revenues from its Embraer Executive Jets division jumped to $175.3 million this year from $151.7 million last year.
Embraer Executive Jets’ Legacy 650 recently received type certification from Indonesia’s Directorate General of Civil Aviation, paving the way for customer Premiair to put the aircraft into service. With the approval, all in-production Embraer Executive Jets are now certified in this country. When Premiair takes delivery of two Legacy 650s it has on order, the Indonesian charter operator will have eight Embraer jets in its fleet.
Revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, soared to nearly $1.78 billion in the first quarter, a $155 million increase from a year ago, according to financial results the company released yesterday. Segment profit in the quarter also climbed by $39 million, or 14.4 percent, to $310 million, thanks in large part to Gulfstream, though General Dynamics chairman and CEO Phebe Novakovic said Jet Aviation “made a contribution in the quarter.”
Jet Aviation Flight Services introduced three new packages–silver, gold and platinum–to aircraft management customers in North America. Its silver package, designed for customers who own a light to midsize business jet, delivers primary management services. The gold package, targeted at large-cabin jet owners, includes the same primary management services, as well as financial budgeting and reporting. Jet Aviation’s platinum plan includes “all of the core management services required to manage and maintain aircraft.”
Textron, parent company of Cessna Aircraft, held its first-quarter 2013 earnings call yesterday, and the news was not particularly uplifting for its Wichita-based business segment. Customers in the light jet market, who tend to be small business owners, continue to defer purchase decisions, “reflecting continued concerns about their financial outlook,” said Textron chairman and CEO Scott Donnelly. As a result, he continued, Cessna delivered 32 new jets in the first quarter, six fewer than the same quarter last year, “resulting in a segment loss in the quarter of $8 million.”