Travelers Aviation has increased its aircraft hull coverage limit to $50 million. The new ceiling will allow Travelers to insure larger general aviation aircraft, including jets such as the Gulfstream G550, Falcon 7X and the Bombardier Global Express. Both Travelers Flight Plan Preferred and Travelers Flight Plan Premier policies will now have capacity to insure this new hull limit for eligible accounts.
Gulfstream has received type certificate validation from the Civil Aviation Safety Authority of the Republic of Korea for the G550. Operators of the G550 and G500 can now register their aircraft in that country. In addition, the fleet of G550s and G500s in April surpassed 200,000 total flight hours since the first G550 entered service on Sept. 29, 2003.
Online fuel buyer AML Global is preparing to start offering discounted insurance and pilot training rates to business aircraft operators. The company claims to save operators an average of 7 to 10 percent on jet-A purchased through its process.
Although a gloomy sky hung over Geneva Palexpo Center, the view could hardly have been better yesterday morning for a group of aviation journalists invited by Gulfstream on a breakfast flight over the Alps in a G200.
Already one of Europe’s most prominent private jet operators, DC Aviation (Booth No. 280) has set its sights still higher with plans to add four Airbus A319s over the next year and a pair of Citation XLSs to its present fleet of five next month, the company announced here this week during its first EBACE appearance.
Jetalliance Group of Vienna has ordered an additional CFM-56 powered Airbus Corporate Jetliner (ACJ) with a VIP cabin, along with two A318 Elites, to add to its existing fleet of more than 30 aircraft with an average age of only three years. Jetalliance’s aircraft are operated by its subsidiary, Jetalliance Flugbetrieb.
Honeywell’s corporate flight department recently applied for FAA authorization to perform Required Navigation Performance Special Aircraft and Aircrew Authorization Required (RNP SAAAR) operations on the company’s PlaneView-equipped Gulfstream G450 and G550.
CAE civil training and services group president Jeff Roberts arrived in Geneva Monday as his company announced a major expansion of its business aviation training center in Morristown, New Jersey. But for Roberts, EBACE is all about Europe, where he continues to sound a confident tone about business aviation despite some signs of economic hardship ahead.
Two months after launching the biggest, fastest and priciest Gulfstream ever, top executives for the U.S. business jet maker arrived at EBACE with a growing order book for their new G650 and sky-high optimism about the direction of the company overall.
Gulfstream Aerospace’s choice of Stork Aerospace to be a major partner for its new G650 large-cabin business jet is
not surprising, given the long-standing alliance between the U.S. and Dutch firms. Stork is developing and manufacturing composite tail and bonded fuselage panels for the G650.