Minsheng Financial Leasing (MSFL), Asia’s largest business jet leasing firm, announced nearly $3 billion in orders with Gulfstream and Bombardier today at ABACE 2014 in Shanghai. It placed the orders from both OEMs in the fourth quarter.
Minsheng Financial Leasing Co. (MSFL), Asia’s largest business jet leasing firm, is climbing steeply to increase the size of it inventory even more. On perhaps one of the clearest days in ABACE memory, Minsheng confirmed yesterday that it had placed orders with both Gulfstream and Bombardier in the fourth quarter of last year.
Gulfstream Aerospace’s substantial investment in establishing China’s first factory-owned service center for business aircraft appears to be paying off as the U.S. airframer prepares to add support capability for its latest G650 and G280 models later this year.
Some 200 companies will be exhibiting at the three-day Asian Business Aviation Conference & Exhibition (ABACE), which starts next Tuesday at Shanghai Hongqiao Airport. Organized by NBAA in partnership with the Shanghai Airport Authority, the event will be located once more at the Shanghai Hawker Pacific Business Aviation Service Centre–a joint venture between the Shanghai Airport Authority and Hawker Pacific–with the Asian Business Aviation Association (AsBAA) co-hosting the event.
Gulfstream has a fleet of more than 100 business aircraft owned and operated in the Arabian Gulf region, with Saudi Arabia and the United Arab Emirates (UAE) representing strong customer bases in the large-cabin market.
In January, Honeywell opened the doors of its advanced-technology facility in Deer Valley, Ariz., and shared details of what its engineers and scientists are exploring for possible use in future aircraft programs. These included tests on touchscreen controls, gesture-based avionics manipulation, haptic feedback devices, voice controls and even transcranial neural sensing.
Few of these human-machine interfaces will appear in any cockpits soon, but Honeywell’s experts are exploring new avenues toward making aircraft safer and more efficient.
Hawthorne Global Aviation Services opened its latest FBO, located at Chicago Executive Airport, this week. One of three providers on the field, the newly built Shell-branded facility features a 10,000-sq-ft terminal along with 30,000 sq ft of heated hangar space capable of accommodating aircraft the size of a G650. The base is the company’s third, joining locations at New Orleans Lakefront and Long Island MacArthur Airports.
After more than a year of construction, Galaxy FBO is in full operation at its new facility at Lone Star Executive Airport in Conroe, Texas. Galaxy FBO had been providing service at the location since 2006. In 2012 Black Forest Ventures purchased the company and undertook construction of the new complex. The terminal occupies the entire 17,000-sq-ft first floor of a three-story building and includes lounges for passengers and crews, and an A/V-equipped conference room that can seat 100 people.
Business has been so good at West Coast charter/management firm Jet Edge International that the company devised an unusual arrangement to build a fleet of Gulfstream G200s. With a fleet consisting of mostly large-cabin Gulfstreams, Jet Edge has seen growing demand for the super-midsize charter market, and the G200s (and one G280, with two more coming) are ideal to fill that need, according to president Bill Papariella.
Bombardier’s Learjet 85 program is moving toward first flight (if it hasn’t already happened after this issue went to press), but the company’s plans to achieve certification and begin customer deliveries this year appear to be unachievable.