As most in the industry have come to understand, business aviation follows the general economy, but lags behind it by a year or two. The last few years were no exception.
Don’t expect an economic miracle from the business aviation marketplace over the next decade. Honeywell forecasters once again are predicting nothing better than “slow but sustained expansion” through 2013.
The FAA on January 28 certified the Hawker Beechcraft King Air C90GTi, the latest version of the twin turboprop still popular 44 years after its introduction. The manufacturer also received certification from Brazilian airworthiness authorities and is awaiting certification from Europe, Mexico, Canada, Venezuela and Guatemala.
At the Singapore Airshow today, new business jet operator BJets launched its block charter, fractional and aircraft management service with a massive $600 million order for 20 Cessna Citation CJ2+s and 20 Hawker 850XPs and 900XPs, to be delivered over the next five years. Another 10 Hawkers are on option. The value of the CJ2+ order is $150 million, while its firm order for 11 Hawker 900XPs and nine 850XPs is valued at $450 million.
New business jet operator BJets launched its block charter, fractional and aircraft management services at the air show yesterday with a $600 million order for 20 Cessna Citation CJ2+s and 20 Hawker 850XPs and 900XPs, scheduled for delivery over the next five years. It holds options for another 10 Hawkers. Majority owned by the Briley Group and a significant holding of India’s Tata Group, BJets will operate in India and Southeast Asia.
Cessna, Bombardier and Raytheon have taken fundamentally different approaches to their new business jet designs. Here at the show, the talk reflects just how stark those distinctions are.
Hawker Beechcraft delivered 120 business airplanes in the fourth quarter, up from 94 aircraft shipped in the last quarter of 2006. The Wichita-based manufacturer delivered 319 business jets and turboprops last year, a 13.9-percent increase from the 280 business aircraft shipped in 2006.
Due to increasing customer demand, NetJets Europe last month negotiated with several business jet manufacturers to accelerate delivery of 39 new aircraft worth some $715 million. The airplanes to be delivered ahead of the original schedule include 10 Cessna Citation XLSes; three Dassault Falcon 2000LXs and two Falcon 7Xs; one Gulfstream G450 and three G550s; and seven Hawker 400XPs, nine Hawker 750s and four Hawker 4000s.
Major interior components were recently checked for fitting in the cabin of the fourth Hawker Horizon (RC-4), planned for use in the super-midsize business jet’s certification program. “The rough fit of the interior components substantiated what we have been saying all along,” said Brad Hatt, president/general manager of Raytheon Aircraft’s Hawker Division.
Due to increasing customer demand, fractional aircraft provider NetJets Europe yesterday said it has worked with aircraft manufacturers to accelerate delivery of 39 new business jets worth more than $715 million.