Early 2008 has seen muted interest, if not a full-blown downturn, in demand for executive charter service in Europe, according to leading charter brokers. “While business levels are still good, corporate client requirements seem to have flattened in the past three to five months,” said David Macdonald, sales director for private jet business at Air Partner (Booth No.
Blink has set the bar pretty high for itself in pledging to radically overhaul the business model for air taxi services in Europe with a fleet of Cessna Citation Mustang very light jets (VLJs). Its goal is little short of achieving the Holy Grail for the executive charter market: drastically reducing empty leg positioning flights.
After low-cost carriers, business aviation now ranks number two in Eurocontrol’s latest traffic statistics. “Not long ago, business aviation was not even on the radar screen of the agency and other decision makers,” European Business Aviation Association chief executive Eric Mandemaker told attendees at the general and business aviation annual forum held at the European Organization for the Safety of Air Navigation in Brussels recently.
According to Eurocontrol, by 2010, European operators will have ordered some 500 very light jets (VLJs) and about 300 of these will have been delivered by then, with most of them being destined for air-taxi services.
Delegates at the Very Light Jet (VLJ) conference, held March 26 and 27 at the Royal Aeronautical Society in London, warned that unless a range of measures are put in place, the widespread introduction of this new “phenomenon” could prove a commercial disaster. Capt.
Eclipse 500 air-taxi operator DayJet has “reduced its employee base across most areas of its business,” according to president and CEO Ed Iacobucci in a statement released earlier this afternoon. DayJet hoped to raise another $40 million of operating capital in the first quarter of this year, he wrote, “but suffice it to say that given the current state of the U.S.
Online air-taxi broker CharterAuction.com has launched a program in which it will guarantee future owners of the Eclipse 500 and Safire S-26 twin-engine entry-level business jets enough charter income to cover interest payments and the DOCs for up to 20 hr of flying monthly. This income is based on at least 40 hr per month of charter income, according to the Quincy, Mass. company.
The Global Express, Airbus Corporate Jetliner, Boeing Business Jet and all other aircraft with a mtow of 95,000 lb or more and used in private charter operations are covered by new security rules, effective August 19, that require pre-boarding screening of passengers and property.
A group of personal air transport providers has asked the Joint Planning and Development Office (JPDO) to accelerate the pace of implementation of the Next Generation Air Transportation System (NextGen), currently scheduled to become fully operational by about 2025.
While the FAA is calling for “significant” continued growth “over time” for commercial aviation, it sees “strong growth in business aviation demand continuing, driven by a growing U.S. and world economy as well as a growing fleet of very light jets (VLJs).”