Business jet

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 - 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.

July 16, 2014 - 5:35am

When Gulfstream Aerospace of Savannah, Ga., unveiled the G650ER at EBACE, the company focused on the aircraft’s extended range of 7,500 nm, which makes it the world’s longest-range business jet (not including private airliners).

July 16, 2014 - 12:50am

Bombardier’s just-released market forecast shows a significant drop in anticipated deliveries of business and commercial aircraft during the coming 20 years compared to last year’s forecast. The current forecast is for deliveries from 2014 to 2033.

Last year, Bombardier forecast deliveries of 24,000 business jets worth $650 billion from 2013 to 2032. The current forecast is for 22,000 business jets worth $617 billion. These numbers are for aircraft segments in which it Bombardier competes with its Learjet, Challenger and Global models.

July 15, 2014 - 3:05pm

Bombardier Aerospace’s latest 20-year market forecast, released on Sunday at the Farnborough Airshow, shows a significant drop in anticipated deliveries of business jets compared with its forecast from last year.

The current forecast, which spans from 2014 to 2033, calls for deliveries of 22,000 business jets worth $617 billion. Last year Bombardier predicted demand for 24,000 business jets worth $650 billion from 2013 to 2032. These numbers are for aircraft segments in which the manufacturer competes, with its Learjets, Challengers and Globals.

 
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