BizJet International, Lufthansa Technik’s Tulsa, Okla.-based subsidiary, will be supporting the Rolls-Royce Tay 611-8C used on the Gulfstream G450. BizJet is already an authorized overhaul facility for the Rolls-Royce Spey 511-8, which powers the GII and GIII; and the Rolls-Royce Tay 611-8, which powers the GIV/IV-SP.
Lufthansa Technik has signed a two-year contract with an undisclosed VIP customer in Asia to provide comprehensive technical support for two ACJ319s, the Hamburg, Germany-based company announced yesterday at ABACE. The support contract extends from line maintenance to full provisioning with components and materials, including logistics, maintenance management and CAMO services.
Deer Jet launched the first fractional aircraft program in China yesterday here at ABACE 2013. It is now selling shares in a Gulfstream G450 and a G550, the latter of which is on display this week in the show’s static display.
“As the largest aircraft charter company in Asia and the first to do aircraft management in China, it is our responsibility to create a fractional share product here,” said Hu Lei, general manager of asset management for Deer Jet. “We also believe it is the right time to offer this type of program in China.”
The number of Gulfstream jets in the Asia Pacific region has more than tripled in the last six years, according to the Savannah, Georgia-based airframer. At its press conference here at ABACE on Monday, Larry Flynn, president of Gulfstream, noted that the number of the company’s large-cabin twinjets in the region has risen from 50 to 169 since 2007. Overall, the manufacturer, which claims 63 percent of the large-cabin market and 65 percent of the super-midsize market, has 208 aircraft based in the area, including 61 in mainland China and 45 in Hong Kong.
Beijing-based Deer Jet launched the first fractional aircraft program in China today in Shanghai at ABACE 2013. Deer Jet, which has 30 business jets spanning 13 types in its charter and management fleet, is currently selling shares in a Gulfstream G450 and G550, the latter of which it has on static display this week at the show.
The Deer Jet “Time Share” program is customized for the Chinese market and is targeted to customers who fly between 100 and 300 hours per year. There are two distinct products under Time Share: fractional aircraft shares and block charter.
Gulfstream’s newest jets–the super-midsize G280 and wide-cabin G650–are making their China debut at ABACE, which officially opens tomorrow at Shanghai Hongqiao Airport. “We’re excited to bring the G650 and G280, as well as the G150, G450 and G550 to China for our customers to see in person,” said Gulfstream senior vice president of sales and marketing Scott Neal. “Bringing these five aircraft here demonstrates the commitment we’ve made to China and reflects our belief in the strength of this market.”
With the number of business jets in China steadily increasing, the country is facing a shortage of qualified pilots, with virtually all of those attending its flight academies and training schools destined for the commercial aviation sector. Operators in China use a ratio of five pilots for every business jet in operation, according to Christopher Jackson, co-founder and executive director of China-based aviation consultancy Jackson Rosenberg, who sees a need for hundreds of additional business jet pilots in the short to medium term.
Gulfstream Aerospace has been making major investments of its own to boost customer support in China. In November 2012 the U.S. manufacturer opened the country’s first factory-owned business jet service center at Beijing Capital International Airport.
With one quarter of the year in the rear-view mirror, the pre-owned market enters one of its historically busier quarters, and with some key economic indicators showing improvement, this year may be setting up to be busier than many recent ones. So many aircraft values have done nothing but fall for nearly five years. Now some are showing signs of resisting that perennial trend. A number of segments continue to edge ever closer toward right pricing, but others have fallen so far that they are beginning to move quickly.
Basel, Switzerland-based Amac Aerospace has received maintenance organization approval (MOA) from the State Civil Aviation Administration of Russia. The approval allows Amac to carry out base and line maintenance work on all Russian-registered Gulfstream IVs and GVs, as well as Airbus A319s and Boeing 737NGs. It also allows heavy maintenance work up to C Check levels at its facility at EuroAirport Basel-Mulhouse-Freiburg.