After a couple of years in which the prevailing vibe at the business aviation community’s annual gathering in Europe has been one of mutual commiseration, EBACE 2011 has shown tangible evidence of recovery in the industry. Nine-digit jet deals are back in fashion, thanks to the likes of VistaJet and Comlux, which bought hundreds of millions of dollars in new aircraft this week at EBACE.
Zenith Jet created a stir in the industry last year when it debuted its first “bottom up” business aviation forecast. And it didn’t pull any punches in its second annual bizjet forecast, a detailed 40-page report released last Wednesday that predicts 11,103 business jets worth $240 billion will be delivered over the next 10 years, with a peak in 2016 and trough in 2018.
The 11th edition of the annual European Business Aviation Convention & Exhibition (Ebace) is set to open on Tuesday in Geneva. Joint organizers EBAA and NBAA expect the event to be 16 percent larger than last year’s and, in terms of the area of booked exhibit space, it could even be the biggest yet with almost 500 exhibitors signed to set up shop at Geneva’s Palexpo center.
The first production-conforming Nextant 400XT will make its public debut this month at Ebace. According to Nextant, the 400XT is a remanufactured Beechjet 400A/Hawker 400XP with Williams FJ44-3AP engines, Rockwell Collins Pro Line 21 avionics and a zero-timed airframe complete with new paint and interior.
Hawker Beechcraft’s King Air 250 made its public debut last month at the Sun ’n’ Fun International Fly-In in Lakeland, Fla. The $5.79 million turboprop twin, a replacement for the King Air 200GT, was unveiled at the NBAA Convention in October.
The FAA released an Information for Operators (InFO) bulletin about safety management systems (SMS) for general aviation (Parts 91 and 125) operators.
The Shanghai International Business Aviation Show, hosted by the Shanghai Association for Science & Technology and Shanghai Society of Aeronautics, is making its debut this month. The new event, which is intended to be an annual show, is being held at Shanghai Hongqiao Airport Business Aviation Center from April 13 to 15.
The Hawker Beechcraft King Air 250 made its public debut today at the Sun ‘’n’ Fun International Fly-In and Expo in Lakeland, Fla. The upgraded turboprop twin is part of the company’s largest-ever display at the annual gathering, which also features a Premier IA, King Air 350i, King Air C90GTx, Baron G58 and Bonanza G36. The show runs through Sunday.
The Wall Street Journal has been a vital tool for people who didn’t make their money by winning the lottery, and the publication certainly has its fans here at AIN. Its jingle was once "The daily diary of the American Dream," so one has to wonder why the paper, in its Valentine’s Day edition, skewers a billionaire for making his appointed rounds in a business aircraft?
The FAA issued an emergency Airworthiness Directive (AD)-2011-01-53 on December 20 to owners and operators of the Piaggio Avanti twin turboprop. The AD supersedes AD 2011-01-51, issued December 18.