Air taxi

May 6, 2009 - 6:02am

European low-cost air taxi pioneer Blink has taken delivery of three more Cessna Citation Mustangs. It has four of the very light jets in service and another 26 on order, with five more due to arrive by October.

“We remain on course with the right product at the right time, offering value for money,” Blink managing director Peter Leiman said. “We beat our 2008 projections for revenues and our costs are under budget.”

May 1, 2009 - 8:02am

The economic downturn is giving manufacturers and operators of very light jets (VLJs) more time to prepare for the airplanes’ widespread entry into service, according to speakers at the Royal Aeronautical Society’s corporate, air taxi and personal jets conference in London on March 18 and 19.

April 30, 2009 - 7:17am

Although the downturn in the economy has dampened the near-term prospects for the general aviation industry, demand for business aviation will expand over the long term, according to the most recent forecast from the FAA, which anticipates a growing U.S. and world economy.

April 29, 2009 - 12:13pm

Former American Airlines chief Robert Crandall’s plans to blanket the Northeast U.S. with a fleet of air-taxi Eclipse 500 very light jets under the Pogo Jet brand name have come to an end. In a filing with the Securities and Exchange Commission, Pogo Jet of Chicopee, Mass., applied to withdraw its registration statement for an initial public stock offering.

April 23, 2009 - 12:45pm

Former American Airlines chief Robert Crandall’s plans to blanket the Northeast U.S. with a fleet of air-taxi Eclipse 500 very light jets under the Pogo Jet brand name have come to an end. In a filing with the Securities and Exchange Commission, Pogo Jet of Chicopee, Mass., applied to withdraw its registration statement for an initial public stock offering. The IPO filing was made on Sept.

December 29, 2008 - 7:33am

The market for very light jets (VLJs) is set to dip significantly as recession sweeps across western economies, according to PMI Media’s latest study, The Very Light Jet Market 2008-17: The Impact of the Global Financial Crisis. Some 4,610 VLJs worth $9.54 billion (2008 $) will be delivered during this 10-year period, PMI says.

December 2, 2008 - 10:56am

The market for very light jets (VLJs) is set to take a significant dip as recession sweeps across Western economies, according to PMI Media. The firm’s latest study–The Very Light Jet Market 2008-17: The impact of the global financial crisis–predicts that 4,610 VLJs worth $9.54 billion will be delivered over this 10-year period.

November 14, 2008 - 11:06pm

Overshadowed by far larger jets in the static display, the Eclipse 500 very light jet (VLJ) is being shown for the first time at the MEBA show, courtesy of Dubai-based Palm Aviation and MyJet Turkey. The entry-level jet will be staying here in Dubai to make flight demonstrations after the three-day event.

October 27, 2008 - 11:42am

SwiftJet, an aspiring air taxi operator in Canada, has placed an order for five single-engine Diamond D-Jets, along with options for 10 more. Deliveries are scheduled
to begin in 2010, making SwiftJet the first charter customer in Canada slated to take delivery of a D-Jet.

 
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