The European Business Aviation Association has recognized four European companies for their safety achievements, presenting awards here at EBACE 2013. Both Robert Bosch Corporate Aviation and Tyrol Air Ambulance were honored with EBAA’s Platinum Safety of Flight award for completing more than 50 years or 100,000 hours of safe flying, while a gold award for 40 years or 80,000 hours without an accident was bestowed on VistaJet. FAI rent-a-jet received a bronze award for achieving 20 years or 40,000 hours of safe operation.
VistaJet Holding SA
VistaJet announced yesterday that it is enrolling 50 Bombardier Global 5000s and 6000s with the Platinum engine and APU hourly-cost maintenance program operated by Jet Support Services Inc. (JSSI). Valued at more than $205 million at 2013 list prices, the deal is possibly the largest ever concluded for any hourly-cost maintenance program.
VistaJet’s bullish expansion plans have long turned the heads of more conventional charter sector rivals suspicious of how well-founded its business plan would prove to be in a sector that has struggled to regain profitability since the ravages of the financial crisis.
VistaJet is working hard to get its new Chinese joint venture up and running by the end of 2013. In January, the operator established an office in Hong Kong and it has now staffed this with a sales team. The next step will be to establish a representative office in Beijing with its joint venture partner and it has begun the licensing process to establish a Chinese air operators’ certificate (AOC) and register some of its aircraft in the country.
Bombardier Business Aircraft saw a “remarkable level” of order intake last year, logging net orders for 343 aircraft versus 191 in 2011, the Canadian aircraft manufacturer reported today.
JPMorgan North America Equity Research is forecasting a 5-percent rise in business jet deliveries this year, according to the firm’s latest monthly business jet report. It predicts that 627 business jets (excluding very light jets) will be shipped this year, compared with an estimated 596 jet deliveries last year.
VistaJet is set to embark on a 17-city tour of Africa this month as part of the operator’s “Think Global” sales campaign to expand its block charter offerings to emerging markets. Last month, the Switzerland-based company took one of its Bombardier Global 6000s on a 12-city tour of Asia, the Commonwealth of Independent States and the Middle East, just days after announcing a contract with the Canadian airframer for 56 new Globals and options on 86 more.
Bombardier of Canada arrived at MEBA on the crest of a wave, having just landed the biggest order for business aircraft in the company’s history.
One of VistaJet’s Bombardier Global 6000 business jets made a brief stop here at the MEBA show on Monday as part of a 12-city promotional tour. The itinerary began in London on December 2 and has included visits to Hong Kong, Beijing, Vladivostok (Russia), Ulan Bator (Mongolia), Almaty (Kazakhstan), Moscow, Kiev, Delhi and Mumbai.
The aircraft was due to fly on to Riyadh in Saudi Arabia on Tuesday before returning to London after a stop in Istanbul. The block charter operator is due to conduct a tour of 12 or more African cities in February.
VistaJet announced a deal today worth up to $7.8 billion for 56 Bombardier Globals, with options for up to another 86. Deliveries of this latest batch of Bombardier jets under firm order are due to begin in January 2014 and run through the end of 2017.