AvCard, a fuel contract credit card company with about 30,000 cardholders, is branching into the international handling and flight-planning market. In addition to basic trip planning, AvCard will offer ATC and ICAO flight-plan filing, overflight and landing permits, weather reports, notams, flight following, hotel arrangements and security services.
Some markets that have refused to pick up thus far, despite attractive pricing, might finally spark buyer interest this year. The Gulfstream II and GIII as well as the Challenger 600 may have felt all the pain they are going to. Some buyers have described the GII as a throwaway aircraft, meaning simply that if they buy one, they will do so with the intent of parking it once the engines have no more useful life.
Business Jets: In 2007 demand for business jets surges
Operators now have until October 12 to comment on the FAA’s proposed long-term solutions to the congestion and delay problems at New York La Guardia Airport (LGA). The original comment period was to have ended in the middle of last month. As previously reported, under one plan six GA slots would be set aside each hour for a total of 96 over LGA’s 16-hr peak period of 6 a.m. to 10 p.m. Currently GA gets 108 slots from 6 a.m. to midnight.
If the DOT adopts “market-based” actions to relieve airport congestion and delays, which it is considering, landing fees could soar for corporate and commercial operators.
Teledyne Controls has released its new E-Services online information service.
The service is designed to provide Teledyne’s customers, partners and suppliers with a secure Web-based portal to conveniently access vital information.
It has been an extraordinary year in the pre-owned business jet sales arena. Offers coming in above what some considered unrealistically high prices represented the norm, with sellers often bailing out of deals for fear they would find no suitable replacement aircraft. An unprecedented period of super-heated activity in the last 12 months was bolstered by lengthy backlogs for new aircraft.
The price of admission to taking the high road continues to ratchet upward as consecutive quarter-over-quarter activity has been high since late last year. Currently the roster of used aircraft for sale stands at 1,708, about 35 aircraft below the 12-month moving average. Roughly 35 of the 1,708 are aircraft positions, an actively traded segment of the market where sales can carry seven-figure premiums.
The Russians are coming, the Russians are coming! The movie title of 41 years ago seems fitting to describe at least the perception of what is contributing to the current uptick in the large-cabin segment of the used aircraft market. Tales of aircraft selling to Russians at extraordinarily high prices have begun to capture the attention of the market.
MedAire, the Phoenix-based company that provides medical training and emergency medical assistance, is the newest supplier to join Jet Fleet International (JFI). Under the arrangement, MedAire will offer discounts to business aviation members of JFI.