Demand for new business aircraft in Europe is riding high on a wave of economic growth that is particularly strong in the former communist eastern states. The market is being fanned by the bolstered buying power of customers paying in euros and British pounds as the U.S.
Swiss group Ruag Aerospace is here at EBACE (Booth No. 1470) hot on the heels of its purchase of Pilatus Aircraft’s (Booth No. 700) TSA Transairco subsidiary in early April. The sale, the price of which was undisclosed, is retroactive to January 1.
Spurred by representatives from St. Gallen/Altenrhein Airport, five other smaller Swiss airports–at Bern, Buochs, Lugano, Samaden and Sion–have launched an attempt to secure a larger share of the country’s business aviation traffic.
Shell Aviation (Booth No. 420) is preparing to offer its Shell Card to clients in Germany, France and Austria beginning later this year and is looking at what else it can do to boost the benefits its customers can derive through advanced information technology (IT) in the purchasing process.
A titanic battle appears to be shaping up in the 10,000-pound thrust segment of the aero engine market, where there is a need for powerplants to drive the coming super-midsize and large business jets, as well as smaller regional airliners.
A couple of years ago, the imminent arrival of the new-generation very light jets posed a real threat to EADS Socata’s (Booth No. 1432) TBM 700 family of single turboprops. This specter prompted the company to introduce the more powerful TBM 850 in December 2005.
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