Bell Helicopter held two maintainers and operators conferences in China at the end of April, in Beijing and Shanghai. The conferences helped Chinese operators learn more about Bell customer support and service enhancements and safety improvements and enabled discussion of technical issues. “We were pleased with the turnout at both locations,” said Chris Jaran, managing director, China. “It was apparent that our Chinese customers are focused on maintaining their Bell Helicopter products at the highest level.”
Nextant Aviation has started to enjoy success in Asia. The U.S.-based remanufacturer of Beechjet 400s brought a Nextant 400XT to Hongqiao and used ABACE to announce that it has appointed China Great Wall Industry (CGWIC) as its dealer for China, including Hong Kong, Macau and Taiwan. Later, Nextant announced that CGWIC made its first sale at the event–to someone who saw the aircraft on display in the static and quickly become CGWIC’s first sales success. With all the talk of how long business deals take to come to fruition in China, the deal was of particular note for showgoers.
The People’s Republic of China (PRC) holds 57 percent of the 336-strong business jet fleet of the Greater China area, while Hong Kong holds 33 percent; Macau is in third place, with 5 percent; and the Republic of China (Taiwan) has 3 percent of the fleet, according to a report released by Asian Sky Group (ASG), a Hong Kong-based business aviation consulting group. The company announced its formal launch at ABACE last year.
VistaJet is working hard to get its new Chinese joint venture up and running by the end of 2013. In January, the operator established an office in Hong Kong and it has now staffed this with a sales team. The next step will be to establish a representative office in Beijing with its joint venture partner and it has begun the licensing process to establish a Chinese air operators’ certificate (AOC) and register some of its aircraft in the country.
China broke into the ranks of the five largest arms exporting countries for the first time since the end of the Cold War, displacing the UK in the volume of arms deliveries, according to a report by the Stockholm International Peace Research Institute (Sipri). The UK dropped from the list for the first time since at least 1950, the Swedish institute said.
The FAA has approved the Shanghai Hawker Pacific FBO as a foreign repair station, allowing it to support U.S.-registered aircraft in China. The company applied for the approval just a few days before the FAA stopped taking applications on Aug. 3, 2008, due to the U.S. Transportation Security Administration’s failure to introduce security rules for such facilities.
“An increasingly prosperous population, an influx of multinational companies, relaxation of the low-altitude airspace rule and a string of growth stimulus expected from [new leaders] means there will be an unprecedented demand for business air travel in China,” Jackie Wu, president of Hong Kong-based business aviation consultancy Jetsolution, said last week at a luxury goods show in Xian, China.
Enstrom Helicopter announced late last week that it has been acquired by Chongqing Helicopter Investment Co. (CQHIC) for an undisclosed price. Chongqing is the fourth-largest metropolitan area in China. Menominee, Mich.-based Enstrom manufactures single-engine helicopters, including the 480B turbine and F28 piston series.
Air China and GA Telesis have agreed to establish an Asia-based integrated spare parts supplier in China. After almost a year of planning, the companies have respective top management approvals to move forward with the formation of GA Telesis China (GATC), a joint venture based in China. The enterprise claims it will be the first aircraft part-out business and integrated full-scale redistribution stock list based in China covering the entire Asian market.
Fast-tracking development of China’s fledgling private aviation market is the main goal for the new China Business Jet Shanghai Alliance announced yesterday by Minsheng Financial Leasing Co. (MSFL).