The supply of parts, assemblies and services for Boeing products has created valuable new economic opportunities in Southeast Asia in recent years. In fact, since 2009, Boeing suppliers have established aerospace manufacturing centers for commercial aircraft production in five Southeast Asia countries: Vietnam, Malaysia, Indonesia, Thailand and Singapore. Meanwhile, Boeing suppliers in other countries, including Australia and Malaysia, have added new commercial or defense manufacturing capacity to their portfolios.
Aircraft charter provider VistaJet plans to step up its expansion of operations across Russia, Asia, Africa and South America. By 2015, the Switzerland-based group also intends to double the size of its fleet to more than 60 jets. VistaJet is in talks with prospective partners in China and expects to have an established operation there by year-end. On January 12, the company reported that it anticipates final figures for 2011 to show a 20-percent increase in passenger numbers and a 25-percent hike in revenues. It also anticipates 50-percent growth in profits.
With less than two months to go before the opening of this year’s Asian Business Aviation Conference & Exhibition (Abace) in Shanghai, organizers report that exhibition space for the event is sold out. NBAA president and CEO Ed Bolen notes that a new pavilion area added to accommodate the overflow has also been filled. “To see that area sell out along with our original floor space underscores the significant interest in the show in China and across the Asian region,” he said.
Despite some media reports stating that Piper Aircraft was recently sold to the Government of Brunei, the Vero Beach, Fla. airframer told AIN that the transaction of authority for the company from corporate finance and investment management firm Imprimis to Brunei’s Ministry of Finance was merely a formalization of the original 2009 sale of the company by American Capital. In a release the company stated, “Piper Aircraft has been an investment of the Government of Brunei since 2009.
This year we could finally find out whether China will fully realize its potential as the world’s most dynamic new market for business aviation. For all the high-octane speculation about growth in China, 2011 closed with fewer than 200 business aircraft registered in the country and continuing difficulties in getting them imported and flying for the new jet-set in the People’s Republic.
Odyssey Aviation Bahamas has opened two handling locations on the island of Eleuthera in the Bahamas. The new locations are at Governors Harbour Airport (MYEM) and Rock Sound Airport (MYER). Sylvie McCartney is station manager for both locations.
The NBAA commended Sen. Lisa Murkowski (R-Alaska) today for the stance she has taken against general aviation user fees in a November 28 letter to President Obama.
After some years in development, Hostel Drap of Monistrol de Montserrat, Spain, has come up with a unique, one-time-use, cloth napkin, which private and business aviation operators may find particularly handy.
After being out of commission for nearly three months, the control tower at Puerto Rico Isla Grande Airport (SIG) finally went back online last week in response to increased customer demand at the airport. The tower, which was shut down on August 8, resumed operations after temporary repairs were completed. It is operational from 7 a.m. to 7 p.m.
L.F. Wade Bermuda International Airport now has a newly renovated private jet terminal. The LOM Group has assumed a five-year sponsorship of the terminal now known as the LOM Executive Jet Facility at Hamilton Airport, Bermuda. Owned and operated by Bermuda Aviation Services, the terminal–located across the tarmac from the airline center–serves the more than 2,000 private jets that visit the island every year.