Latest News

May 22, 2007, 8:11 AM

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.

May 22, 2007, 8:05 AM

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.

May 22, 2007, 8:03 AM

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.

May 22, 2007, 7:56 AM

Pratt & Whitney Canada (Booth No. 1040) announced several maintenance and support deals at EBACE along with the launch of a customer support center at its Quebec, Canada headquarters.

May 22, 2007, 7:47 AM

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.

May 22, 2007, 7:44 AM

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.

May 21, 2007, 7:44 PM

Eclipse Aviation (Booth No. 202) has won the U.S Environmental Protection Agency’s (EPA) Stratospheric Ozone Protection award for its development of a new engine fire suppression system that avoids the use of ozone-depleting Halon.

May 21, 2007, 7:35 PM

Honeywell has delivered the first batch of 32 TFE731-50R engines destined for Hawker’s new 900XP midsize business jet. This latest version of the engine, derived from the TFE731-50 powering the Dassault Falcon 900DX, continues a series that began with certification of the first TFE731 in 1972.

May 21, 2007, 7:27 PM

Cirrus Aviation, based in Saarland, Germany, is adding a new Gulfstream G200 and a second Legacy 600 to its fleet, which will  expand to include 17 aircraft. CEO Stefan Buschle noted that with a range of about 3,400 nm, the G200 can link city pairs like London and Dubai.

May 21, 2007, 7:21 PM

Lufthansa Technik (Booth No. 1240) is delivering cabin systems for the Bombardier Challenger 300 at the rate of one a week and is looking to expand its product range and customer base further.

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