Bombardier: Bizjet Market Recovering, but Only Slowly

September 02, 2010

Bombardier Aerospace “is starting to see signs of recovery as shown by the significant reduction in business aircraft order cancellations,” Bombardier president and CEO Pierre Beaudoin said yesterday during an investor conference call. During the second quarter ending July 31, Bombardier took gross orders for 26 business jets but had 12 cancellations,...

Gulfstream Sees 'Encouraging' Activity in Bizjet Market

September 02, 2010

“There’s a fair amount of caution out there, but we're seeing steady activity at our aerospace division, which consists of Gulfstream and Jet Aviation,” Jay Johnson, chairman and CEO of Gulfstream and Jet Aviation parent company General Dynamics, said yesterday at the Morgan Stanley Global Industrials Unplugged Conference. Backlog for current-production...

Aircraft Charter Demand Rises, Pricing Creeps Up

September 02, 2010

Forecast demand for executive charter flights has softened slightly for the second consecutive month, according to the latest data from online charter portal Avinode. As of August 31, the demand index produced by the Sweden-based group was 93.07, slightly more than 17 points down from where it had stood 30 days earlier. However, this was still almost 32...

Draft AC Offers OEMs Guidance on Induction Icing

September 02, 2010

The FAA yesterday issued Draft Advisory Circular 20-147A, which provides new guidance to aircraft manufacturers on compliance with regulations covering engine induction system icing and engine installation ice requirements. The new guidance will replace AC20-147A, which was last revised in 2004. Comments on the draft AC are due by November 1 and can be sent...

NATA Partners on Aircraft Re-registration Program

September 02, 2010

The National Air Transportation Association (NATA) has partnered with AIC Title Service to offer a program that will help aviation businesses and individuals comply with new FAA requirements to re-register all aircraft. In July, the FAA published a final rule that will require all currently U.S.-registered aircraft to complete an aircraft re-registration...

See all news