| Business Aviation |
The organizers of the European Business Aviation Convention and Exhibition (EBACE) in Geneva, a joint venture between NBAA and European counterpart EBAA, expect the 2009 edition of the show to be about the same size as the 2008 event, but are working on improvements aimed at making the convention better than ever. EBACE 2009 will take place from May 12 to...
moreWall Street turmoil will cause buyers to ‘do nothing’
moreDespite a softening U.S. economy and soaring fuel prices, demand for business jets and turboprops is still surging, according to the first-half delivery report from the General Aviation Manufacturers Association (GAMA). The trade group announced a record-setting first six months of the year, with total industry shipments rising by 1.6 percent and billings...
moreBrazilian manufacturer sees effects of U.S. credit crisis lasting two years
moreThe strong growth of the Middle East market for business aviation will be evident at the second Middle East Business Aviation (MEBA) expo next month. The three-day event, to be staged at Dubai’s Airport Expo Center from November 16 to 18, is projected to grow to twice the size of the first stand-alone MEBA show held over two days in January 2007. A one-day...
moreThe business jet market is headed for a 15-percent downturn following a peak in deliveries in 2010, according to J.P. Morgan industry analysts. However, the downturn will be smaller than the previous market slowdown in 2001 and 2002, which resulted in a 31-percent decline. The effect of the financial crisis will be buffered by the industry backlog, one of...
moreVero Beach, Fla.-based Piper Aircraft today announced a 24-percent increase in third-quarter deliveries and an increase in year-over-year deliveries of 18 percent, resulting in a $25 million increase in billings compared with the same period last year. The manufacturer delivered 195 aircraft worth $150.5 million in the first nine months, compared with 166...
moreStarting next year, Eclipse Aviation plans to ramp up production of the Eclipse 500 back to a rate of about one airplane per day, chairman and CEO Roel Pieper told AIN. Eclipse has enough cash on hand to move forward with the new production plans, according to Pieper, thanks in part to a recent financial infusion from the company’s agreement to build a...
moreGerman seaplane manufacturer Dornier Aircraft this week at the NBAA Convention in Orlando, Fla., announced plans to manufacture and sell the $6 million Seastar flying boat in the U.S. Former Adam Aircraft president Joe Walker will head the program as CEO of the recently formed Dornier Seaplane Co. Dornier Seaplane is independent of other Dornier Aircraft...
moreThe BA609 tiltrotor program continues on track, according to Bell/Agusta Aerospace Co. Four BA 609s will be used in the development and certification flight-test program–two of which are flying now, one with Bell in Texas and the other with AgustaWestland in Italy. The aircraft have flown 365 hours to date. When completed, Ships 3 and 4 will join the...
moreSince taking the helm at Eclipse Aviation on July 28, chairman, CEO and investor Roel Pieper has worked to turn the manufacturer from a development company into one that can profitably produce the Eclipse 500 very light jet. “Eclipse has to be a profitable business,” Pieper told NBAA Convention News yesterday. With a background in turning around high-tech...
moreTen days after the Dow dropped 787 points in a week, one month from the presidential election, five months before extension of the FAA’s funding expires again and 14 months until a scheduled game-changing UN meeting on the environment, the 61st NBAA Annual Meeting and Convention opened yesterday with the business aviation industry booming, but with...
moreAt a media briefing here yesterday, Bombardier Learjet vice president and general manager David Coleal strongly hinted that very little of the structural design work done by Grob on the midsize Learjet 85 was salvageable and that Bombardier’s facility in Queretaro, Mexico, would play a critical role in providing most of the aircraft’s structural components....
moreThe ISIS Group has ordered 10 copies of the Hawker Beechcraft Hawker 400XP light jet, worth more than $70 million with options, to be leased from ISIS by Indian charter operator Aviators India in Bangalore. Half of the order will be delivered next year with the remaining five of the 400XPs due in 2010. Hawker Beechcraft’s sales partner in Delhi, InterGlobe...
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