The People’s Republic of China (PRC) holds 57 percent of the 336-strong business jet fleet of the Greater China area, while Hong Kong holds 33 percent; Macau is in third place, with 5 percent; and the Republic of China (Taiwan) has 3 percent of the fleet, according to a report released by Asian Sky Group (ASG), a Hong Kong-based business aviation consulting group. The company announced its formal launch at ABACE last year.
Among the aircraft manufacturers and charter providers appearing at ABACE, aviation service providers are also represented among the exhibitors. One that is returning for a second year is Castle & Cooke Aviation (Booth P318), which operates a string of fixed-base operations (FBOs) with locations on the U.S. West Coast and in Hawaii.
With the rapid development of China’s economy and accumulation of personal wealth, traditional transportation means such as civil airliners and high-speed railways are no longer sufficient to meet the needs of high-end business people. Business and private aviation is increasingly emerging as an option for the wealthy, who are now having to decide on how best to access this mode of transportation.
Caribbean Flying Adventures (Booth A-074) may be known for publishing the continuously updated website Caribbeanflyingadventures.com, the pilot’s guide to flying to the Bahamas and Caribbean, but few outside of its subscription base realize that the organization is also a provider of Cuban overflight permits for private and business flights, major airlines, charter operators and ferry flights.
Demand for air travel continues to surge worldwide as emerging markets led another strong month of traffic growth in February. International Air Transport Association (IATA) data released last week shows that passenger demand rose 3.7 percent during the month compared with February 2012. According to IATA, since last October passenger demand has grown at an annualized rate of 9 percent, almost double the growth trend over the first nine months of 2012.
Sberbank, Russia’s largest bank, took what executives describe as an historic first step into aircraft leasing last week as it ordered 12 Boeing 737-800s. Expected to spur further financing and leasing of imported aircraft in Russia, the transaction calls for the bank’s Sberbank Leasing subsidiary to place the airplanes with Moscow-based Transaero Airlines.
In accordance with regulations on the handling of garbage from international flights from the U.S. Department of Agriculture (USDA) and U.S. Customs and Border Protection, FBOs and airline service providers are required to obtain proper USDA certification before handling such trash.
The Regional Airline Association (RAA) expressed alarm in late February over the potential for drastic cuts to regional airline service as a result of automatic spending cuts in the U.S. federal budget known as sequestration. The legislation, which took effect on March 1, calls for $600 million in cuts to the FAA budget through September, resulting in the elimination of midnight shifts at 30 secondary airports and the likely closure of 100 control towers at airports frequented by regional airlines.
The offices of startup Surf Air look more like those of a new software developer, with laptop-wielding engineers tapping away on keyboards, whiteboards sprawling with multi-colored to-do lists and, of course, surf boards hanging on a back wall. These are not decorations, according to co-founder Wade Eyerly; employees are welcome to grab a board and haul it to the nearby beach in Santa Monica, Calif., for some relaxing and perhaps inspiring wave-riding action.
The 24th annual International Women in Aviation Conference, held March 14 to 16 in Nashville, Tenn., proved its worth last month as a mentoring, networking and outreach event, as attendees packed the show floor to take advantage of the diverse aviation and aerospace job fair.