Charter airlines

January 21, 2014 - 3:10pm

Bombardier Aerospace delivered 180 business jets last year, up one from 2012. However, the Canadian aircraft manufacturer missed its 2013 guidance by 10 business airplanes, “mainly due to the transition from the Learjet 40XR and Learjet 45XR to the Learjet 70 and Learjet 75, which entered service in the fourth quarter.” The company originally expected deliveries of these revamped light jets to start in the third quarter. It shipped 29 Learjets, 89 Challengers and 62 Globals last year, compared with 39 Learjets, 86 Challengers and 54 Globals in 2012.

January 16, 2014 - 1:15pm

Business aircraft remanufacturer Nextant Aerospace appointed JetHQ as its exclusive sales agent for Saudi Arabia, the UAE, Turkey and Lebanon. These countries represent some of the most active private aviation markets in the Middle East, Nextant said. JetHQ and its Dubai-based managing director, Garett Jerde, will play a “key role” in expanding Nextant’s sales, marketing and customer service strategy in the region, it said. JetHQ has brokered a variety of business aircraft in the region, including those from Beechcraft, Hawker, Bombardier, Gulfstream and AgustaWestland.

January 7, 2014 - 3:20pm

Bombardier Aerospace scored a flurry of orders for 58 Challenger and Global business jets worth nearly $3 billion late last month, allowing the Montreal-based aircraft manufacturer to end the year on a high note. Including these 11th-hour orders, the company sold some 310 business jets last year.

December 19, 2013 - 2:20pm

Flexjet is offering two limited-time offers–25 Challenger 300 upgrade hours and “60 for 50”–to spur fractional jet ownership sales in its Learjet and Challenger programs. Until December 31, new and existing Flexjet owners purchasing a one-sixteenth share in a Learjet 40XR, 45XR or 60XR will have the opportunity to upgrade 25 of their annual allocated hours, at their same Learjet hourly occupied rate, to a Challenger 300.

December 12, 2013 - 3:15pm

Bombardier closed the sale of Flexjet to Flexjet LLC, a newly created company funded by Directional Aviation Capital, last week, though aircraft are still being transferred to the new owner. When the deal was announced on September 5, the acquisition price was $185 million; following “purchase price adjustments,” it is now estimated at $195 million, including the “assumption of an estimated $70 million of customer advances” by Directional’s Flexjet LLC.

December 10, 2013 - 2:30pm

Zurich, Switzerland-based AC Aviation Charter has opened a new office in Vienna, Austria. Three charter sales agents will be based in the new office in Vienna, and the team will be lead by Bernhard Wipfler. The company’s current charter management fleet consists of two Learjet 40s, three Falcon 900s and a Beechjet 400A, Citation XLS, Challenger 605 and Challenger 850 and GV.

November 19, 2013 - 4:44am

The Bombardier Learjet 75 light jet–a longer-range version of the Learjet 45 with Garmin G5000 integrated avionics, redesigned winglets and more efficient Honeywell TFE731-40BR engines–received U.S. FAA certification on Thursday. Deliveries have already begun for U.S. and Canadian customers, a Bombardier Aerospace spokeswoman told AIN. Certification and delivery efforts are pending for its smaller sibling, the Learjet 70.

November 14, 2013 - 12:04pm

Flexjet and Abercrombie & Kent introduced “Passport to the World,” the first completely private jet experience circumnavigating the globe. For $1.5 million, guests will travel for two weeks aboard a Challenger 605 operated by Jet Solutions to seven landmark destinations and get “exclusive access to hidden wonders that are out of reach to the rest of the world,” ranging from the Forbidden City to the Taj Mahal. It includes a Japanese tea ceremony in Kyoto and a private opening of Istanbul’s Hagia Sophia, off limits to the public.

November 1, 2013 - 6:00am
Charter and fractional report

The fractional market has undergone severe contraction this year, with CitationAir nearly out of the business of commercial business jet operations, Bombardier’s Flexjet sold to Flight Options parent Directional Aviation Capital and Avantair forced into

October 31, 2013 - 4:10pm

Bombardier released its third quarter 2013 financial results this morning with most of its numbers showing a slight decline in comparison with the same period last year. Revenues for the corporation as a whole totaled $4.1 billion at the end of the quarter on September 30, compared to $4.2 billion for the same fiscal quarter last year. Bombardier Aerospace accounted for $2 billion in the quarter, compared to $2.3 billion last year.

 
X