Business jet

December 3, 2012 - 3:45am

Dying is one thing. Being reborn is quite another, as Hawker Beechcraft, its employees, lenders and creditors are discovering during the current bankruptcy and restructuring.

At the NBAA Convention last month, HBC chairman Bill Boisture explained recent events to that point and outlined the Wichita OEM’s future, which he confirmed will not include its business jet line.

December 3, 2012 - 12:40am

Cabin humidification specialist CTT Systems is hoping to get its Cair equipment adopted for use in more business aircraft. To date, the Swedish company has mainly had success in getting Cair installed on Boeing Business Jet and Airbus Corporate Jet bizliners, but it has recently been approached by airframers, including Bombardier, about possible applications on more mainstream models.

December 2, 2012 - 2:15am

Statistics released last month by the General Aviation Manufacturers Association (GAMA) reveal that business aircraft deliveries did not show much evidence of resurgence during the third quarter. While the industry overall recorded a 4.2-percent increase, the business jet landscape remained virtually flat, with the OEMs reporting deliveries of 428 private jets through the first nine months of the year, just one more than they did during the same period last year. In the third quarter, airframers handed over 134 jets, a decrease from the 171 delivered in the second quarter of the year.

December 2, 2012 - 1:05am

The slow and destructive passage of Hurricane Sandy before the 65th NBAA Convention and Tradeshow opened in Orlando on October 30 generated great concern about the safety of travelers and worry about what they would find when they returned home to the Northeast. Although New York-area airports opened in time for return flights, many worried about widespread power outages, severe water damage, destroyed infrastructure and ongoing challenges finding out anything about local facilities because so much of the cellphone network was compromised.

December 1, 2012 - 7:00am

While overall inventories of pre-owned business aircraft continue to contract, and transaction activity continues to increase year-over-year, the rate of improvement slowed in the third quarter, according to business aviation data company Amstat. The Tinton Falls, N.J.-based firm said the long-hoped-for “broad-based business aircraft resale market recovery still remains elusive.” 

December 1, 2012 - 6:05am

Airshow China last month provided yet more evidence of how eager the business aviation industry is to tap the enormous potential growth in China. Every major business aircraft maker made the trip to Zhuhai in the prosperous southern province of Guangdong, and their products formed one of the more prominent clusters among the 80 or so aircraft on display.

November 29, 2012 - 4:15pm

Embraer broke ground for a 67,000-sq-ft engineering and technology center in Melbourne, Fla., yesterday, marking further expansion of the Brazilian aircraft manufacturer’s footprint at this U.S. location. The new building, which is expected to open in mid-2014 and house 200 employees by 2017, will join Embraer’s Phenom assembly facility and executive jet customer service center at the Florida campus.

November 15, 2012 - 3:00pm

Cessna firmed up its plans to build business jets in China by sealing a joint venture with China Aviation Industry General Aircraft Company Ltd. (Caiga) to assemble and sell Citation XLS+ twinjets for the Chinese market.

November 15, 2012 - 2:45pm

Business jet demand “remains weak, but is not getting much worse,” JPMorgan Investment Research noted in its latest business jet monthly report. This sentiment is reflected in its forecast of 2 percent growth in business jet deliveries for next year.

November 14, 2012 - 6:56am

Cessna has firmed up its plans to build business jets in China by sealing a joint venture with China Aviation Industry General Aircraft Company Ltd. (Caiga) to assemble and sell Citation XLS+ models for the Chinese market.

 
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