Latest News

Business Is Bright for Flying Colours
May 21, 2013, 2:15 PM
2013
Flying Colours

Flying Colours is to begin the first phase of a three-phase infrastructure expansion project in June, the company announced here at EBACE this week. The initial phase of construction is the addition of 20,000 sq ft to the third hangar at its facility in Peterborough, Ontario (Canada). Further development will continue over the next two years to expand the overall facility.

Pilatus Reveals PC-24 Light Jet with Large Cargo Door
May 21, 2013, 2:06 PM
May 21, 2013
PC-24

Accompanied by stage smoke and theme music from the Superman movie, Pilatus Aircraft unveiled its long-awaited new twinjet project, the PC-24, today at EBACE. “The PC-24 is unique. It’s the only aircraft combining the versatility of a turboprop with the cabin size of a midsize jet and the field performance of a light jet,” said company chairman Oscar Schwenk.

IRS Suspends FET Assessments for Ongoing Audits
May 21, 2013, 2:05 PM
May 21, 2013

The U.S. Internal Revenue Service has agreed to suspend possible tax assessments against aircraft management companies now undergoing federal excise tax (FET) audits.

European Airspace Issues Top Agenda at EBACE Opener
May 21, 2013, 2:04 PM
May 21, 2013

Few punches were pulled as speakers took on the challenges facing business aviation in Europe at today’s EBACE opening session, with government policies and outdated infrastructure the primary targets.

EBAA CEO Fabio Gamba criticized the European airspace system. “We have reached the limits of the air transport system, conceived 70 years ago, when they couldn’t see the diversity and volume of traffic,” he said. “We’re seeing cracks in the system.”

GE Honda Aims for Late 2013 Approval of HF120 Engine
May 21, 2013, 2:03 PM
May 21, 2013

GE Honda Aero Engines has announced that its 2,095-pound-thrust HF120 turbofan intended initially for the HondaJet is nearing completion of certification tests and is on track for delivery of the first entry into service engines before year-end. “We now have a line-of-sight for certification and we are gaining experience on the fleet,” said GE Honda Aero president Terry Sharp.

Eurocopter Uncovers VIP, Executive Versions of EC175
May 21, 2013, 2:02 PM
May 21, 2013

Eurocopter revealed a mockup of the executive version of its EC175 medium-twin helicopter today at EBACE and is also offering an even more luxurious VIP version. Prices for the new variants are around €17 million ($22 million) and vary with options. The VIP version is some €500,000 ($650,000) more expensive than the executive option.

Signature Flight Support To Open Facility at Singapore Changi Airport
May 21, 2013, 2:01 PM
May 21, 2013

Signature Flight Support will open a new facility at Changi International Airport in Singapore this summer, the BBA Aviation subsidiary announced today at EBACE. Its offices there will be located at the JetQuay CIP Terminal, which has lounge facilities. Signature will provide “supervisory services” for ground handling and fuel coordination at the Changi location, which will be Signature’s second facility in Asia after the Hong Kong Business Aviation Center at Chek Lap Kok/Hong Kong International Airport.

JSSI Air King Jet Deal Marks 10,000th Asset
May 21, 2013, 2:00 PM
2013
JSSI Neil Book and Kevin Thomas

JSSI (Jet Support Services, Inc.) signed a contract here at EBACE with Geneva-based operator Air King Jet, marking the 10,000th aviation asset to be covered by a JSSI hourly cost maintenance program. In this case, the deal is for Platinum coverage for the engines and APU on Air King Jet’s new Bombardier Global 6000 (the aircraft is due to be delivered after the show).

Daher-Socata’s TBM 850 Backlog Almost Equals One Year Of Production
May 21, 2013, 2:00 PM
2013
Daher-Socata TBM 850 turboprop

Daher-Socata airplane division senior v-p Nicolas Chabbert gave an optimistic outlook at EBACE for sales of the French manufacturer’s TBM 850 turboprop single. At about 40 examples of the aircraft, deliveries this year will be close to last year’s 38–but this time the backlog is much stronger: “We have sold 95 percent of the planned production,” Chabbert said.

‘Signature Series’ Embraer Phenom 300s To Join NetJets Europe Fleet
May 21, 2013, 2:00 PM
May 21, 2013

NetJets Europe plans to operate Embraer Phenom 300s by early 2014, the two companies announced today at EBACE. Holding a firm order for 50 of the specially outfitted “Signature Series” light jets, NetJets took its first delivery on May 1 for its U.S. operations.

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