Embraer foresees a demand for 13,150 business jets worth some $201 billion over the next decade, according to its market outlook released last month. The Brazilian aircraft manufacturer’s projection includes 3,380 very light jets; 2,810 light jets; 1,230 “midlight” jets; 1,550 midsize jets; 1,470 super-midsize jets; 1,480 large-cabin jets; 920 ultra-long-range jets; and 310 ultra-large jets.
Embraer foresees a demand for 13,150 business jets worth some $201 billion over the next decade, according to its market outlook released this morning. Broken down by segment, the Brazilian aircraft manufacturer’s projection includes 3,380 very light jets; 2,810 light jets; 1,230 “midlight” jets; 1,550 midsize jets; 1,470 super-midsize jets; 1,480 large-cabin jets; 920 ultra-long-range jets; and 310 ultra-large jets.
Perhaps as an example of the NTSB moving forward on long-outstanding issues, it has asked the FAA to require nonscheduled Part 135 operators to report activity data annually, including flight hours, revenue miles, aircraft types and missions.
At first it might seem like an odd couple: Don Burr, People Express founder and low-fare airline pioneer, and Bob Crandall, controversial megastar of American Airlines. Fierce competitors in the 1980s, the two men are now combining their talents and their money to develop a national on-demand, regional-based air-taxi network with hundreds of very light twinjets. Crandall is chairman of the new venture and Burr is CEO.
For those who gaze into crystal balls and analyze the business jet market, there are heady days in store, according to recent industry prognostications. Honeywell Aerospace’s 21st annual business aviation market forecast predicts the industry can expect short-term record growth and delivery of more than 14,000 new business jets by 2017–numbers that reflect even more optimism than those the company released last year.
NGAMC is the new aviation acronym on the block, according to air-taxi operators DayJet, Jet-Alliance, Linear Air and SATSAir, very light jet OEM Eclipse Aviation, their suppliers and the communities the air-taxi operators serve.
A soon-to-be-released very light jet forecast from PMI Media estimates that 7,650 VLJs, worth some $18.36 billion, will be delivered between 2007 and 2016. “We are predicting 2007 deliveries of VLJs to be around the 200 mark, up from our 2006 forecast of 175.
The FAA has given Boca Raton, Fla.-based DayJet the green light to use Eclipse 500 very light jets (VLJs) for its “per-seat, on-demand” service, the company announced yesterday. The addition of the five-seat twinjets to DayJet’s Part 135 operating certificate “is the culmination of more than five years of dedicated work to develop the world’s first fully automated fleet operations system,” said DayJet president and CEO Ed Iacobucci.
The U.S. Government Accountability Office (GAO) studied the market for very light jets and found that FAA and industry experts are not too worried about forecasted growing ranks of small jets.
Even though “ATXA” looks as if it belongs on the New York Stock Exchange ticker, add it to your lexicon of GA lobbying groups. The Air Taxi Association (ATXA) is open for business.