Gulfstream Aerospace named Steven Meng as the regional sales manager for product support sales in Southern California yesterday. Based at the company’s Long Beach, Calif. facility, Meng will be responsible for the sale of maintenance, paint and interior upgrades as well as avionics modifications to Gulfstream and non-Gulfstream operators in Los Angeles, San Diego and the surrounding areas. Previously he was a senior internal sales manager for product support sales at the Long Beach facility.
At Heli-Expo, Milestone Aviation Group, a global finance company for the helicopter and private jet markets, today announced $205 million in helicopter lease transactions since its launch in August.
Aircraft valuation specialist Ascend painted a mixed picture of prospects for airliner leasing and sales this year in its Evolution 2011 webinar on February 10.
Numbers released yesterday by corporate aviation information analyst JetNet suggest a stronger year ahead for new business jet sales. Pre-owned full-sale business jet transactions for 2010 were up by 16 percent, compared with 2009, and exceeded the 2008 transaction level by 4.8 percent.
It goes without saying that the development of the Internet is one of the most significant achievements in history. The ability to mass communicate without geographic or time limitations allows even the smallest company to have international market potential at practically no cost. Yet while a company such as eBay, the online auction Web site, has capitalized on the Internet’s potential, aviation has yet to fully embrace it.
Charter broker Air Partner has reported strong growth in both sales and profits for its financial year that ended on July 31. Group sales climbed 35 percent, to reach £251.3 million ($432 million) and pre-tax profits grew by 21 percent, to £9.2 million ($15.8 million).
Since late 2006 DeCrane Aerospace has undergone an internal restructuring that included a name change, a headquarters relocation, a shift in marketing strategy and a refinancing effort.
Phillips 66 Aviation has reorganized its marketing and sales force as part of a broad-based effort to fortify customer relationships and develop new business opportunities. The reorganization brings a seasoned core of aviation industry veterans–from pilots and long-time fuel sales representatives, to fuel supply strategists and business development experts–to support company marketing initiatives.
Crystal-ball gazing is a major part of any trade show. Heli-Expo has traditionally been the stage for the presentation of the Rolls-Royce/Teal Group’s 10-year forecast of worldwide turbine-engine helicopter demand. Overall, this year’s forecast calls for a
5-percent increase over the sales rates predicted last year, foreseeing total turbine helicopter deliveries of 10,407 over the years 2003 to 2012.
How good is the Indian Air Force’s Request for Proposals (RFP) for the supply of 126 new fighters to meet the medium multi-role combat aircraft requirement? After all, the Indians have never previously handled such a high-value defense procurement in this manner. During the Dubai Air Show, two of the six industry contenders told AIN that they were impressed with the document, which runs to more than 200 pages.