Future versions of Honeywell’s integrated primary flight display (IPFD) may include 3-D airport maps that would give pilots a clear view of the entire airport surface whatever the weather or time of day, the company has revealed.
Gestair Private Aviation has announced a $115 million investment over the next four years to further expand its 30-aircraft fleet. The Spanish-based company is also planning a new main- tenance hangar. Also anticipated is FBO network expansion and company acquisitions abroad.
Guggenheim Partners and UBS have formed Guggenheim Aero Finance, a corporate jet financing company that will combine worldwide reach with a streamlined approval process to offer aircraft financing solutions to individual and corporate buyers of new and pre-owned corporate jets.
Austrian-based operator Jetalliance announced here on Tuesday that it is now offering what it claims to be a new kind of business aircraft financing called asset-based leasing. Under the scheme, a firm or individual agrees to make a down payment for part of an aircraft–say, 30 percent.
Much of the unprecedented recent growth in sales of business aircraft has been driven by the international market, where advantageous exchange rates have made dollar-denominated assets unusually affordable.
The newest version of the 12,500-pound-mtow Beechcraft King Air B200 already boasts Rockwell Collins Pro Line 21 avionics, which the smaller 10,000-pound-mtow King Air C90 will get with its latest iteration, the C90GTi.
PrivatAir has taken $10 million in deposits for its Select jet card, which enables customers to pre-buy blocks of flight hours. “There has been a strong drive on the Select card,” PrivatAir chief executive Greg Thomas said here on Monday.
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