Charter brokering group Air Partner is predicting further “slow but steady recovery” during 2013. However, in a forecast issued yesterday, the UK-based company also said that it expects to see more business failures in the charter market and what it says will be further contraction in fractional ownership.
JP Morgan is stirring the Hawker Beechcraft bankruptcy pot, suggesting in its December Aerospace and Defense: Balance of Power report that “acquisition of the company is still possible.” The financial services company named Embraer, Textron (parent of Cessna and Bell Helicopter) and General Dynamics (Gulfstream and Jet Aviation) as entities that might benefit from such a deal.
The analyst added, “We anticipate that other companies may be interested in acquiring Beechcraft if the price is right as we see a good strategic fit in several cases.”
Qatar Airways’ private jet division, Qatar Executive, has received European Air Safety Agency Part 145 approval to provide maintenance and repair services for Bombardier business jets from its hub in Doha. Qatar Executive is already certified by Qatar’s Civil Aviation Authority for similar work.
Hawker Beechcraft Corp. (HBC) took another step toward emerging from Chapter 11 bankruptcy on Tuesday when it received authorization from the bankruptcy court to sell its remaining inventory of Hawker 4000s.
CRS Jet Spares has named Randy Shelton sales manager for the north central region.. Shelton brings a diverse, 20-year background to the business jet community. Previously he has worked with Gulfstream Aerospace, Pentastar Aviation and Comlux servicing Learjets, Hawkers, Gulfstreams, Challengers, Falcons and Beechjets. “Randy has the background to provide our customers with a blend of knowledge and experience that will benefit operators in his region,” said Jack Caloras, CRS vice president of sales and business development.
Following the acquisition of Goodrich by United Technologies in July, the company was merged with Hamilton Sundstrand to form a new entity: UTC Aerospace Systems (Stand 445). The combined company stands as one of the world’s largest suppliers of aerospace and defense products, providing systems, components and services for a wide range of fixed- and rotary-wing aircraft in both military and commercial worlds.
In just two and a half years, Apple has sold more than 100 million iPad tablet computers. Airline and business jet pilots were early adopters of iPad technology, which offers powerful electronic flight bag (EFB) applications that help with preflight preparation, inflight navigation and display of charts and flight manuals.
Here at MEBA yesterday aircraft brokerage Boutsen Aviation (Stand 598) announced the sale of its 250th airplane, completed last week. “This is a big achievement for us,” said Thierry Boutsen, president of the Monaco-based sales firm and a former Formula 1 racecar driver, who founded the company in 1997 with his wife Daniela.
AirClub, the world’s first corporate jet charter alliance, was announced yesterday at MEBA 2012 in Dubai. The alliance brings together eight of Europe’s business jet charter operators: ACM Air Charter, Air Alsie, Air Hamburg, Corporatejets, Flyinggroup, GlobeAir, Masterjet and PrivatAir. Between them they operate 106 aircraft, covering a wide spectrum of range and payload capabilities, from the Beechcraft King Air to a VIP Boeing 757.
Gulfstream Aerospace has come to MEBA 2012 on the crest of a wave with deliveries of 104 “green” large-cabin jets forecast by the end of the year. The company has brought a G450 and G550 to the static display at MEBA this week, but was unable to fly a G650 or the new G280 to Dubai because it is focusing on delivering these new jets to customers.