Cordner Aviation Group, a newly launched Berlin-based firm, has, along with four alliance partners, launched a service for the conversion of BAE 146 and Avro RJ regional jets to turnkey executive use.
Falko, the company formed with the backing of New York-based Fortress Investment Group to acquire BAE Systems’ regional aircraft portfolio, plans to pursue a strategy whereby it will purchase regional aircraft for leasing to its customers–a complete about-face to BAE’s approach, which centered on managed disposal of a once-vast fleet numbering more than 500 aircraft.
Ahead of its scheduled opening date, UK-based service provider Weston Aviation inaugurated its Humberside International Airport facility, its third and that airport’s first dedicated FBO, with the arrival of a FlairJet Phenom 100. The new facility offers ground handling, VIP and crew and passenger lounges, wireless Internet and easy ramp access. Weston also operates facilities at Durham Tees Valley and Newquay Cornwall Airports.
BAE Systems completed its $187 million sale of its regional aircraft, asset-management business on July 15, marking the official launch of a new leasing entity known as Falko.
The UK Competition Commission last week confirmed that BAA, the UK airports group purchased by Spain’s Ferrovial Group in 2006, must sell London Stansted Airport and one of its Scottish airports, Edinburgh or Glasgow.
German executive charter firm Triple Alpha Luftfahrt filed for insolvency on Friday and is now under the control of a court-appointed administrator. The Düsseldorf-based operator is a subsidiary of Ocean Sky Group Holdings, but according to chief executive Steve Grimes, the UK-based business aviation services company is trading normally and is unaffected by the bankruptcy.
BAE Systems and design consultancy Design Q have unveiled their latest interior concept for the Avro Business Jet, the ABJ Elegante.
Designed with “space and grandeur,” the Elegante is the fourth of five interiors commissioned by BAE from Worcestershire-based Design Q for different executive aircraft market segments.
BAE Systems has announced a plan to implement a new “regionalized” strategy to support the Latin American market, where some 90 of its aircraft are now in service with nearly 40 operators. The company unveiled the new support strategy at its first ever Americas operators’ conference, held in Lima, Peru, May 23 and 24.
Hawker Beechcraft is displaying for the first time the latest addition to the company’s customer demonstration fleet, a King Air 350ER configured to highlight the type’s adaptability to a variety of special missions. Appropriately, the aircraft carries the registration N1459, corresponding to the number of special mission turboprops that had been sold by this spring.
Selex Galileo is the largest supplier of airborne electronic warfare (EW) equipment in Europe, and third only in the world behind BAE Systems North America and Northrop Grumman. This part of the Italian group’s business is in the hands of UK-based operation, which now boasts annual revenues of nearly £600 million ($980 million) and an order book of well over £1 billion ($1.64 billion).