According to J.P.Morgan North America Equity Research’s latest monthly business jet report, data continues to show a “tentatively firming” market and the analyst believes that “2014 will be a key inflection year for business jet demand.” Its most recent data shows a continuation of recent trends: declining used inventory and growth of flight operations–both of which bode well for new aircraft demand–but declining pre-owned pricing.
World Fuel Services’ FlyBuys Rewards program offers incentives to schedulers, dispatchers and entire flight departments, not just pilots like other business and general aviation loyalty programs do.
Last year “should mark a bottom” for the business jet market, but the path of recovery is “unclear,” according to J.P.Morgan’s latest business jet monthly report. “We estimate that there were about 650 business jet deliveries last year, which would represent a 43-percent decline over five years. Deliveries in 2014 should be up–we estimate by about 10 percent–with help from new and upgraded platforms,” it noted.
Heli-One has enhanced its website so customers can go to its helicopter Exchange Parts Inventory Channel (Epic) pages. The Epic feature enables customers to do more by connecting them to two searchable databases: Heli-One’s exchange component pool database or its surplus parts inventory database of almost 1,900 items.
RBR Maintenance has been in operation at Dallas Love Field since 1991, when founder Joe Burch leased space at the airport and offered maintenance on Gulfstreams and Hawkers. In the last 20-odd years the business has grown significantly from the original one-man shop and added aircraft to its capabilities.
Burch started out as a car mechanic and in the late 1970s took up flying as a hobby, got his pilot certificate and bought an airplane. Over the next several years he worked up to a multi-engine airline transport pilot certificate and started adding turbine ratings.
As the Great Recession moves into its sixth year, the market for used business aircraft remains something of a quagmire, with some models still searching for a price bottom. But there are bright spots where values have stabilized, and inventory overall is headed in the right direction.
Air BP has launched the first direct cash-back reward card for the general aviation market. The Sterling Reward Prepaid Visa card will enable the fuel provider’s Sterling Card holders to earn money back on fuel purchases. The company is rolling out the program first for U.S. customers who can apply online. Customers who receive the card will receive one U.S. cent deposited back into the card for each gallon of fuel purchased from nearly any location that accepts the Sterling card worldwide.
It’s the question every trip support company asks: what is most important to the customer, cost or quality of service? UAS International Trip Support put the question to 250 pilots, executives and business jet operators across the globe in a double-blind survey to discover exactly how customers prioritized their trip support needs.
Fuel management software provider FuelerLinx is here at the NBAA show to announce the debut of sister company FBOlinx, which now allows FBOs to broadcast their fuel prices to their flight department customer base. As opposed to posting a uniform price online and waiting for customers to contact them, using the new system, FBOs can send confidential quotes directly to their customers. Prices can be exclusively tailored to meet a flight department’s fuel-use profile for a more streamlined and personalized process.