Berkshire Hathaway

January 17, 2013 - 3:30pm

FlightSafety International will start construction this spring on an expansion and renovation project at its learning center in Teterboro, N.J. The project is slated for completion early next year.

The existing building will be renovated and reconfigured to provide more amenities and improve workflow, FlightSafety said. A new wing will be added that features facilities for flight crew emergency training, including a pool and other specialized equipment, as well as more classrooms and office space.

January 15, 2013 - 3:00pm

Business aviation veteran Jim Christiansen joined FlightSafety International as vice president for international business development, where he will lead the training company’s efforts to increase the support it provides to customers who live outside the U.S.

January 4, 2013 - 5:25am

The nation’s third-largest fractional jet program will continue to pursue a “stealth wealth” clientele while offering them customized solutions to their private aircraft travel needs beyond traditional fractional sales, and that may mean bringing more capital into the company, according to Flexjex president Deanna White.

December 12, 2012 - 4:00am
Challenger 605

Bombardier of Canada arrived at MEBA on the crest of a wave, having just landed the biggest order for business aircraft in the company’s history.

December 10, 2012 - 9:15am
Celebrating a deal here at MEBA yesterday to establish an FBO at King Khalid International Airport in Riyadh are NasJet/ExecuJet’s Gary Forster, FBO manager–Riyadh (left), and NasJet director Hardy Sohanpal.

Saudi Arabia’s NasJet claims it is poised to grow revenues by 20 percent next year, after a healthy 6 percent gain during 2012. The increase, according to CEO Ghassan Hamdan, is due to growing aircraft management and operations support and more local charter agreements and charter business. In the first quarter of 2013, NasJet will open a new FBO at King Khalid International Airport in Riyadh in conjunction with Switzerland’s ExecuJet.

December 6, 2012 - 6:00pm

Milestone Aviation Group, the helicopter leasing firm headed by NetJets founder Richard Santulli, is raising $250 million to purchase aircraft and refinance previously purchased aircraft. It is doing this by offering senior unsecured notes that are due in 2017. Milestone, which provides 100-percent operating lease financing for helicopters, has leased more than 60 aircraft worth more than $850 million since its launch in August 2010.

December 1, 2012 - 6:05am

Airshow China last month provided yet more evidence of how eager the business aviation industry is to tap the enormous potential growth in China. Every major business aircraft maker made the trip to Zhuhai in the prosperous southern province of Guangdong, and their products formed one of the more prominent clusters among the 80 or so aircraft on display.

November 29, 2012 - 3:50pm

Bombardier Aerospace delivered NetJets’ first “signature series” Global 6000 at a special ceremony today in Montreal at Bombardier’s Global Completion Centre. “Today NetJets has unquestionably become part of the Bombardier Business Aircraft family,” said Bombardier Business Aircraft president Steve Ridolfi.

November 18, 2012 - 10:00am
Matt Thurber

Recently I was fortunate to experience something that is probably fairly ordinary for most corporate pilots, initial type rating training at a simulator training center. I had the opportunity to complete a Citation V type rating initial course at FlightSafety International’s Long Beach, Calif., learning center. And for a pilot who hasn’t spend much time in a two-pilot cockpit environment nor flying a jet, the experience was tremendously beneficial, illuminating and hugely enjoyable.

November 8, 2012 - 3:04pm

NetJets opened a new exclusive-use facility for its customers at Atlanta DeKalb-Peachtree Airport yesterday. The fractional aircraft provider has signed a long-term lease with Atlantic Aviation for the 2,800-sq-ft facility, which includes customer and crew lounges, a conference and business center and flight-planning facilities. According to NetJets, DeKalb-Peachtree is one of its most popular domestic destinations, with approximately 4,000 NetJets flights coming in and out of the airport annually.

 
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