NetJets

August 30, 2012 - 4:02pm

NetJets is adding in-flight Internet service from Aircell to another 100 or so aircraft in its fleet, Aircell announced yesterday. In 2010 the fractional operator initially opted for Aircell Internet service aboard more than 250 of its jets, and the additional 100 systems will expand NetJets’ connected fleet by about 40 percent. The installation process is already under way at Duncan Aviation, and the entire retrofit program is expected to be completed by mid-2014.

August 14, 2012 - 3:35pm

NetJets officially opened its new dedicated passenger terminal at Van Nuys (Calif.) Airport on Thursday. Built on a Maguire Aviation leasehold in partnership with Maguire, the new 10,000-sq-ft facility is located on the east side of the airport, near the center and adjacent to Western Jet Aviation. Stevie’s Catering occupies 1,000 sq ft in the NetJets facility.

August 9, 2012 - 3:05pm

NetJets parent Berkshire Hathaway reported yesterday that its other businesses, which includes NetJets, grew 2012 revenues to $2.152 billion in the second quarter and $4.199 billion in the first six months, up 3 and 4 percent, respectively. Earnings in 2012 reflected increased earnings at NetJets and earnings from the Omaha World-Herald.

August 9, 2012 - 3:00pm

Bombardier today reported aerospace revenues for the second quarter increased to $2.3 billion from $2.1 billion helped by business aircraft deliveries that grew to 46 aircraft, up from 35 in the same period last year. Business aircraft orders for the quarter were 134 versus 43 in the same quarter last year, boosted by the firm NetJets order for 100 Challengers. Bombardier Aerospace’s backlog has grown to $25.2 billion, up from $22 billion as of Dec.

August 2, 2012 - 4:50pm

NetJets introduced its Supplemental Lift Assurance program yesterday to address the short-notice needs of aircraft owners that cannot be met with their owned aircraft. The obstacle might be a technical problem, an existing trip commitment or a size or range inadequacy of the owned aircraft for the mission at hand.

July 19, 2012 - 4:30pm
Cessna, Bell Provide Lift for Textron’s Wings

Cessna Aircraft and Bell Helicopter drove most of the second-quarter growth at parent company Textron, chairman and CEO Scott Donnelly said during an investor conference call this morning. Combined, the two aviation segments accounted for $1.82 billion of Textron’s $3 billion in revenues and $187 million of its $288 million profit during the quarter.

July 4, 2012 - 3:08am

The computerized FBO management system field in the U.S. is about to get more crowded as European developer Amsterdam Software is set to export its web-based FBO One system overseas to challenge rival products such as Total FBO, My FBO and FBO Manager.

July 3, 2012 - 12:25am

Jay Johnson, chairman and CEO of Gulfstream parent company General Dynamics, will retire at the end of the year. He will be succeeded by Phebe Novakovic, who was recently named the company’s president and COO.

July 1, 2012 - 2:35am

Fractional-share provider NetJets has ordered up to 425 Bombardier and Cessna jets worth as much as $9.6 billion, with deliveries to begin in 2015. The purchase is the largest general aviation aircraft order in history and includes a firm order for 75 Bombardier Challenger 300s (plus options on another 125), a firm order for 25 Challenger 605s (plus options on 50 more) and and a firm order for 25 Cessna Citation Latitudes (plus options on an additional 125).

June 20, 2012 - 12:15pm

Pratt & Whitney Canada has signed a 15-year on-condition fleet maintenance program (FMP) with NetJets for the PW306D turbofans that will power the Cessna Citation Latitudes that the fractional ownership operator will begin flying in 2016. With the on-condition FMP, there are no hard-time intervals for hot-section inspections or overhauls, offering what P&WC describes as new levels of flexibility to the operator. Instead, P&WC evaluates each engine enrolled in the FMP and makes maintenance decisions based on how the engine is performing.

 
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