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April 16, 2014, 11:30 AM

Boca Raton, Fla.-based VAS Aero Services has named Tommy Hughes as chief commercial officer. Hughes, formerly senior vice president for sales and marketing for the company, is responsible for global assets and repair services, in addition to worldwide sales. During a 20-plus-year career in engine MRO services and sales, and before VAS, Hughes worked with Delta Air Lines tech ops, where he led engine maintenance and test cell operations for that airline and its third-party customers.

April 16, 2014, 11:17 AM

As the U.S. expressed “concern” on Tuesday over the devaluation of China’s currency, making its exports cheaper but reducing buying power of Chinese consumers, Chinese airlines continued to feel the pain of a weaker yuan as the value of their foreign debt rose with the relative strengthening of the U.S. dollar. China Southern Airlines, for one, on Tuesday issued a profit warning report estimating a first-quarter net loss resulting from negative foreign exchange fluctuations.

April 16, 2014, 10:00 AM

“There has been an enormous amount of energy and enthusiasm here in Shanghai at ABACE, despite the change in weather from sunny skies on the opening day [yesterday] to rain today,” NBAA president and CEO Ed Bolen told AIN as he summed up the show so far. According to NBAA and show co-organizer Asian Business Aviation Association (AsBAA), ABACE 2014 has already attracted a record-breaking 187 exhibitors and 38 static-display aircraft. And Bolen expects the number of attendees this year to top the 7,714 people who came through the doors during ABACE 2013.

April 16, 2014, 9:50 AM

NetJets is preparing to launch its NetJets China business this summer, by which time it expects to receive Chinese government approval for an air operator certificate. It has also hired “key people” over the past few months in the run-up to the launch of NetJets’ Chinese joint-venture operation, NetJets Business Aviation, which initially will provide aircraft management services.

April 16, 2014, 9:46 AM

At a meeting today at ABACE 2014 in Shanghai, members of key business aviation associations updated attendees on the core Statement of Principles for Business Aviation approved by the Asia Pacific Economic Cooperation (APEC) ministers in September.

April 16, 2014, 9:40 AM

At the “Business Aviation Growth and Opportunities” session yesterday at ABACE 2014, aircraft broker Jay Mesinger moderated a panel discussion on how best to navigate what can be stormy waters. He opened the discussion with a reminder that business jet values plummeted after the financial meltdown of 2008, with many aircraft losing up to 70 percent of their pre-recession values.

April 16, 2014, 9:34 AM

Speaking at the “Helicopter Operations” seminar today at ABACE 2014, Bell Helicopter China managing director Chris Jaran said the helicopter fleet in China has grown by an average of 20 percent annually from 2009 through 2014, to 465 aircraft from 227. The Chinese rotorcraft fleet is 35 percent piston-powered and 65 percent turbine, he noted.

April 16, 2014, 9:26 AM

Training specialist FlightSafety International signed a multi-year agreement with Chinese business jet leasing firm Minsheng Business Aviation yesterday at ABACE 2014. Under the deal, FSI will train pilots, maintenance technicians, flight attendants and dispatchers for Gulfstream G450/550 operators Beijing Capital Airlines and Shanghai Deer Jet. Most of the training will take place at FSI’s Hong Kong learning center, which opened in 2012. FSI also named Paul Statskey as its new program manager at the Hong Kong facility.

April 16, 2014, 9:20 AM

Lufthansa Technik introduced two new products for private jet cabins at ABACE 2014: an aircraft steam generator system and an onboard therapeutic oxygen generation system. The 40-pound steam generator, which does not need to be connected to the aircraft’s existing water system, facilitates installation of steam showers in VIP aircraft. The oxygen generation system, which weighs 66 pounds, provides oxygen continuously via a mask for up to two connections. Either system can be installed in a midsize or larger business jet during cabin outfitting or as a retrofit.

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