Aviation–and more particularly business aviation–is increasingly becoming the dominant component in the portfolio of UK public company BBA Group. The London-based group aviation holdings on both sides of the Atlantic now account for close to 60 percent of its worldwide business (out of approximately $2.3 billion total revenues recorded last year).
Following recent restructuring, British Airways wholly owned regional subsidiary BA CitiExpress (BACE) “is on track to stop the bleeding,” but will need at least another year to meet profitability targets, company officials predict. The airline has made
West Star Aviation is now the only FBO and Air BP the only fuel supplier at Walker Field in Grand Junction, Colo., following West Star’s purchase of Timberline Aviation. However, West Star president Bob Barry promised he will maintain the former Timberline’s fuel price margins and aircraft tiedown rates. “We intend to keep fuel prices regionally competitive,” he said.
TAG Aviation will start building an executive terminal at the London-area Farnborough Airport right after this year’s Farnborough International Air Show. The $20 million facility will be the centerpiece of the business aviation center that TAG has developed at the airport, which it operates under a 99-year lease from Britain’s Ministry of Defence (MoD).
BAE Systems Regional Aircraft reports “good progress” with the conversion of the first relaunched BAe 146QT (Quiet Trader) freighter at the program’s Aerostar conversion center in Bacau, Romania. Program manager David van Veggel said he expects the first converted aircraft–a Series 200 (S/N E2099)–to roll out for service in the first half of next year.
With the goal of flight testing the system next year, BAE Systems recently signed a second contract with Mercury Computer Systems of Chelmsford, Mass., to provide its VistaNav synthetic-vision technology to create a rotorcraft brownout landing system. Award of the first contract was announced in March.
Harrods Aviation (Booth No. 1939) is set to open its new, purpose-built FBO at London Luton Airport in December. The $12 million investment by the UK business aviation services group consists of a substantial two-floor building constructed around an existing hangar, with room for dedicated arrival and departure lounges and extra office space.
Visit the Air BP booth (No. 2552) to see the custom hunter-green 2007 Mini Cooper convertible that the company will give away at 3 p.m. tomorrow. Eligible participants can fill out and submit entry forms (one per entrant) at the Air BP booth up until 2 p.m. tomorrow. The winner must be present to win and step forward within two minutes of the drawing.
AIN has learned that the first two Eurofighter Typhoons for the Royal Saudi Air Force (RSAF) are now on the final assembly line at BAE Systems’ Warton, UK factory, although the potential $40 billion deal to supply and support 72 Typhoons has not yet been formally announced.
Head to the Air BP booth (No. 2552) at this year’s NBAA Convention for a chance to win a custom convertible Mini Cooper. Eligible participants can enter by filling out a form by 2 p.m. on Wednesday, September 26.