Hawker Beechcraft has sold a pair of Hawker 900XP midsize business jets to Jakarta, Indonesia-based Lion Air, with options for two more. The airline says it intends to use the jets to meet growing demand for executive charter services throughout Asia. The aircraft are scheduled for delivery in the second and third quarters of this year.
Bombardier Aerospace selected Phoenix-based Aviation Performance Solutions to provide live upset recovery training as part of its Leading Edge Program offered to Learjet, Challenger and Global customers. Like its Safety Standdowns, “The Bombardier Leading Edge program promotes knowledge and skills-based training along with each individual pilot’s discipline and responsibility as essential elements of aviation professionalism and safety,” said Capt. Rick Rowe, manager of Safety Standdown programs at Bombardier.
Jet Edge International, a charter/management and maintenance firm based in Van Nuys, Calif., has formed a partnership with Asia Jet, a charter provider that was launched in 2008 in Hong Kong. Under the partnership, Jet Edge is the exclusive operator of Asia Jet N-registered charter flights.
Hawker Beechcraft received type certification for the Hawker 900XP midsize business jet from the Interstate Aviation Committee (IAC) Aviation Registry in Russia, the Wichita-based aircraft manufacturer announced yesterday. The twinjet can reach any point in Europe from Moscow or St. Petersburg, according to Hawker Beechcraft. With the Russian approval, the Hawker 900XP has obtained type certification from more than 50 countries.
Aircraft charter provider VistaJet plans to step up its expansion of operations across Russia, Asia, Africa and South America, the company revealed in a presentation to financial analysts in London today. By 2015, the Switzerland-based group also intends to double the size of its fleet to more than 60 jets, it said. VistaJet is currently in talks with prospective partners in China and expects to have an established operation there by year-end.
Business aviation in the Middle East is expected to keep growing at a faster rate than that seen in North America and Europe, but slower than the more dynamic expansion now being seen in the emerging markets of Asia. This is the broad consensus among manufacturers and service providers for a region that is now emerging from a somewhat unsettled two-year period that has seen some fall-out from wider economic problems and the so-called Arab Spring political unrest.
After a period that has seen rapid growth of its fleet in the Middle East, Bombardier Aerospace is emphasizing at the Dubai Air Show this week the support that its Business Aircraft division is providing for local owners and operators of Global, Challenger and Learjet aircraft.
Bombardier Aerospace is unveiling a new flight-deck demonstrator at its Dubai Air Show pavilion on Sunday. Located near its chalet, adjacent to the Airport Expo’s East Hall, the interactive dome pavilion also houses the Canadian aircraft manufacturer’s most recent CSeries cabin demonstrator.
The demands of four new jet aircraft development programs, coupled with anemic sales of its Learjet business jet brand and regional jets, fueled a cash burn pyre that persuaded analysts to issue a fresh round of stock downgrades for Bombardier in September. In the last quarter, the OEM drew down $1 billion of cash reserves against $211 of net income, double for the same period a year ago. Its market capitalization is $7 billion and the cash burn rate set off caution lights for stock analysts. The news is not cataclysmic; most now rate the company as “market perform,” but from early July through the end of September, Bombardier stock lost 43 percent of its value.
National Jets, which is based at Florida’s Fort Lauderdale-Hollywood International Airport, has added a Learjet 45XR to its fleet. The family-owned and -operated business, which dates from the 1940s, now offers executive charter, aircraft management and the National Jets Air Center, an FBO.