Albuquerque, N.M.-based start-up manufacturer Eclipse Aviation said its six-month-old JetMatch program has “more than exceeded our expectations.” JetMatch “facilitates partnerships” in new Eclipse 500s via a password-protected message board on the company’s Web site. An Eclipse spokesman said the service has thus far resulted in two matches for the $1.295 million VLJ.
“This is the largest turnout we’ve had in the 50 years we’ve been holding the Corporate Aviation Safety Seminar,” Ed Williams, Flight Safety Foundation’s (FSF) chairman, told the more than 370 attendees in his opening remarks.
Williams urged everyone in corporate aviation to become a media source in their community. “We must counter the public’s negative image of corporate aviation as being a perk or toy of the rich.”
GE Honda Aero Engines, though it has yet to announce an airframe application for its engine, continues to develop its HF118 1,700-pound-thrust turbofan. The company validated durability and performance enhancements on rig tests held in March at Honda’s facility in Japan.
Raytheon Aircraft brought a completed Hawker Horizon to Geneva for the first time. Full FAA certification of the super-midsize jet is expected by the end of this summer and EASA approval next year. The Wichita OEM has firm orders for 32 Horizons, and a soon-to-be-finalized firm order from NetJets for 30 aircraft and options on another 20.
Various aviation insurance professionals seem to agree that the overall market has stabilized with premiums still significantly higher than pre-9/11 levels but with decreases in various segments. Some brokers have reported decreases in premiums as high as 25 percent, but those have turned out to be unusual cases. For those bizav operators who have seen decreases, the average reduction has been 5 to 10 percent.
It’s an unusual fact that, unlike just about any other marketable items, very light jets (VLJs), alcohol and tobacco share one unique characteristic. Even if you have the money, the seller can refuse to sell them to you if you’re not qualified. What’s more, those qualifications are all based on time, measured in years for would-be drinkers and smokers, and in left-seat hours for would-be VLJ pilots. Of course, this is as it should be.
It was 25 years ago last month that New York Yankees team captain Thurman Munson was killed in the crash of his Cessna Citation I. The accident remains one of the most significant in general aviation, especially among those who fly their own turbine-powered aircraft for business, pleasure or both.
According to the National Business Travel Association, U.S. businesses spend $29 billion a year for approximately 65 million trips on the airlines. But with airlines reducing flights from non-hub airports by 19 percent last year, it’s becoming increasingly difficult for some employees to get from Point A to B using the airlines.
With very light jets (VLJs) expected to enter service by this time next year, turboprop singles are now meeting the contender face-to-face in the marketplace. It was bound to happen, given that the two different classes of airplane have similar range capabilities, cabin volume and acquisition costs.
Eclipse Aviation of Albuquerque, N.M., increased the price of its Eclipse 500 very light twinjet to $1.295 million (in 2000 dollars), a jump of $120,000 over the previous tag. The new price is still less than that of any of the other very light twinjets under development.