On the eve of last month’s NBAA convention, engine and avionics manufacturer Honeywell released its 18th annual 10-year market forecast, projecting a serious near-term dip in business jet deliveries but a gradual climb back to the heights reached during last year’s production peak.
Very light jet
Aircraft leasing magnate Steven Udvar-Hazy will be awarded this year’s Wright Brothers Memorial Trophy, for “innovative aerospace business practices, improved aircraft design, piloting skills and selfless philanthropy, ensuring preservation of our aerospace history.” Udvar-Hazy’s multimillion-dollar donation allowed the construction of the National Air and Space Museum’s annex at Dulles Airport.
Looking ahead to an economic recovery, and to fulfilling its stated intention to become a major player in the business aviation industry, Embraer provided one of
the surprises at the NBAA Convention last month by introducing a new business jet–the large-cabin Legacy 650.
JetSet Aviation Holdings’s acquisition of the type certificate and associated rights for the MS760 ParisJet could well breathe new life into an aircraft that former owner Socata had probably written off. Designed, built and originally certified in France in the 1950s by Morane-Saulnier, the predecessor of Socata, the new owner calls the MS760 the world’s first very light jet.
Dassault has selected a cockpit upgrade from Exton, Pa.-based Innovative Solutions & Support that is designed to bring a host of advanced capabilities to Falcon 2000 and 2000EX models originally delivered with Rockwell Collins Pro Line 4 avionics.
Customers of JSSI’s hourly-cost maintenance services can now have work done at Duncan Aviation facilities on favorable terms through a new agreement between the two companies.
While there are signs of an economic recovery–often difficult to see and even more difficult to interpret–Embraer president and CEO Frederíco Fleury Curado is anticipating that a recovery of the business aviation industry will be long and slow.
Bend, Ore.-based Stratos Aircraft yesterday received the first deposit for its new single-engine Stratos 714 very light jet. Cascade Air Charter, also based in Bend, became the first buyer to put down a fully refundable, escrowed deposit on the $2 million four-seat jet. “The 714 is an impressive aircraft and is like no other on the market today,” said Cascade Air Charter owner Verson Pandian.
Eclipse Aerospace, the new owner of the assets of Eclipse Aviation, has wasted no time consolidating facilities, organizing inventory and modifying Eclipse E-500 very light jets with flight-into-known-icing (FIKI) systems and avionics upgrades. On September 30, the FAA and EASA formally reinstated the E-500’s U.S. and European type certificates to Eclipse Aerospace.
The marketing hype surrounding very light jets (VLJs) has “largely subsided,” according to Brian Foley, president of business aviation consulting firm Brian Foley Associates, and the VLJ “has yet to prove that it’s anything more than a subcompact business jet.