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Textron Upbeat About Business Jet Market, Legacy 500 for Jackie Chan, Eclipse SE Jet Announced, Business Jet Cabin Tech 2015

July 29th, 2015

Textron Bullish on Business Jet Market in North America

Textron chairman and CEO Scott Donnelly is optimistic about the outlook for Textron Aviation, as the dominant North American business jet market remains “fairly strong,” he said this morning during a second-quarter investor conference call. Meanwhile, Donnelly categorized the business jet market in Russia and China as “weak” and said that Latin America and Europe are “very challenging.”

Cessna Citation line of jets

During the quarter, revenues at Textron Aviation slid $59 million year-over-year, to $1.124 billion, due to fewer deliveries of King Airs and jet mix. However, it did log a quarterly profit of $88 million, up $60 million from a year ago, due to improved performance and efficiencies in the integration of Beechcraft and Cessna.

Beechcraft line of aircraft

Textron Aviation delivered 36 Cessna Citations and 30 Beechcraft King Airs in the quarter…

Continue reading about Textron aviation on AINOnline.com>>


 

Embraer readies first Chinese-registered Legacy 500 for Jackie Chan

Embraer secured Chinese validation for the Legacy 500 on 24 July and is now preparing to deliver the first midsize business jet to Chinese launch customer and ambassador of its executive jets division, Jackie Chan.

The 10-seat twinjet entered service late last year and Embraer had shipped 14 of the type by the end of the second quarter, according to Flightglobal’s Ascend Fleets database.

Embraer Legacy 500 Jackie Chan

While the USA is, and will continue to be the largest market for the Legacy 500, Embraer expects the aircraft to be popular in China, despite a preference for long-range and large cabin types in the country until now.

Continue reading about Jackie Chan and the Legacy 500 business jet on flightglobal.com>>


 

Eclipse ‘Special Edition’ Twin-Engine Jet Announced by ONE Aviation

ONE Aviation is pleased to announce the Eclipse Special Edition (SE) twin-engine jet. The Eclipse SE is a factory-renewed Eclipse 500 which has been substantially upgraded and reconfigured to include nearly all new features introduced on the new Eclipse 550, including a Dual Avio Integrated Flight Management System (IFMS), Anti-skid Brake System, a newly designed pilot-side Standby Display Unit, PPG glass windshields, new premium interior, and deluxe two-tone paint scheme.

Eclipse 550

Continue reading about the Eclipse SE on oneaviation.aero>>


 

Business Jet Cabin Tech 2015

The latest products for your aircraft can mean faster Internet connections…and clean dinnerware.

We’ll get to the World Wide Web in a minute, but first a word about a worldwide wash: an onboard dishwasher developed by HS2 Engineering and Lufthansa Technik. The Dishwashair, as the manufacturers call it, can clean a load of dishes in just six minutes using three liters of water. That’s right, cabin crews, no more dishpan hands!

The dishwasher fits standard galleys and connects to the aircraft’s freshwater, waste-water and vacuum systems. With long-haul business jets now capable of 14-hour flights, the dishwasher may take up less room than you’d need to carry enough clean plates, silverware and glasses for two to three meals for everyone onboard.

Speaking of food, how do you keep it cold before cooking? Zodiac Aerospace’s Cool Trolley may be just the ticket. The thermodynamic trolley uses dry ice to keep contents at 0 to 5 degrees Celsius (32 to 41 degrees Fahrenheit) for up to 10 hours.

Continue reading about business jet cabin tech on BJTOnline.com >>

Citation Latitude Transpacific Capability, Embraer Legacy 500 Certified in China, Project Mayfair Private Jet

July 27th, 2015

Citation Latitude Continues To Stretch Its Legs on Transcontinental Flights

Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, this week demonstrated the trans-Pacific capability of its newly FAA-certified Citation Latitude between the U.S. West Coast and Hawaii. The flights follow other recent successful transcontinental missions on the aircraft, including the first trans-Atlantic crossing in May and nonstop U.S. coast-to-coast flights earlier this month.

Cessna Citation Latitude in Hawaii

“With certification achieved, we see the Citation Latitude demonstrating its impressive capabilities and performance during common customer missions,” said Kriya Shortt, senior vice president, Sales and Marketing. “Not only does this aircraft have exceptional mission capability, the all-new cabin experience allows passengers to take advantage of maximum comfort and productivity as they enjoy the flat cabin floor and six-foot-high cabin. Combined with its midsize acquisition price and low operating costs, the Latitude provides unmatched value and comfort for customers in the midsize class.”

Cessna Citation Latitude cockpit

The Citation Latitude flew a crew of two pilots and five passengers on the 2,147-nautical-mile trip from Santa Barbara, Calif. (KSBA) to Maui, Hawaii (PHOG), making a direct climb to 43,000 feet and total flight time of 5 hours 45 minutes, which included a 17 minute hold prior to arrival. On return, the aircraft covered an impressive 2,473-nautical-mile direct flight from Maui to Scottsdale, Ariz. (KSDL) in 5 hours 45 minutes. On both the outbound and return trips, the Latitude had fuel reserves far exceeding NBAA IFR reserves.

The Hawaii mission took place on the heels of impressive coast-to-coast trips earlier this month. The Citation Latitude flew the nonstop 2,442-nautical-mile trip from Santa Barbara (KSBA) to Bangor, Maine (KBGR), making a direct climb to 45,000 feet; its nonstop return flight to San Diego, Calif. (KSAN) covered 2,397 nautical miles.

Continue reading about the Citation Latitude on txtav.com>>


 

What’s It Like Aboard a ‘Project Mayfair’ Private Jet?

Project Mayfair private jet exterior 2

The Andrew Winch Design firm has a well-earned reputation for designing the interiors of some of the most stunning superyachts in the world. But as I learned during a recent visit to this London-based studio on the banks of the Thames, ultra-luxurious superyacht interiors are only the beginning. In fact, Winch’s studio walls were adorned with photographs and renderings of their recent design projects that range from yachts (interiors and exteriors) to some of the world’s most expensive private residences, and an impressive array of private aircraft too.

Project Mayfair private jet interior

And while I learned that each project is fascinating enough to fill an entire book (actually, the firm’s attention to detail is so high, and the projects are so involved they usually present a coffee-table quality book they’ve created to each client that chronicles the design process when the project is complete), it was the exuberant exterior styling of their recently-announced “Project Mayfair” private jet design that really grabbed my attention.

Project Mayfair private jet exterior

Continue reading about Project Mayfair private jet on Forbes.com>>


 

Chinese Authorities Issue Type Certificate for Legacy 500

Embraer’s new Legacy 500 is cleared to operate in China after the country’s civil aviation authority issued type-certificate validation on July 24. Chinese movie star Jackie Chan, who is a brand ambassador for the Brazilian manufacturer, is set to take delivery of the first of the super-midsize jets to be based in China by year-end.

Legacy 500 certified in China

Continue reading about the China certification of the Legacy 500 on AINOnline.com>>

The Case for Flying Private, Bombardier Shares Drop, Private Jet Dining, HondaJet Selling in South America

July 23rd, 2015

The Case for Flying Private on Your Next Buddies’ Trip

In some respects, Frank Granito is a frugal family man, a 55-year-old father of five who drives a sensible sedan and favors home-cooked fare over fancy restaurant dinners. Raised in a modest three-bedroom in the Bronx, he says he grew up “understanding what it takes to earn a dollar.”

But over time, as an attorney and avid golfer, he has also learned the pleasures of the private jet.

Cessna Citation XLS

Granito’s first exposure to that luxe form of travel came in 2008 when he and his family boarded a seven-seat XL Citation and flew from White Plains, N.Y., to Kiawah Island, S.C. They spent five days in the Lowcountry sunshine, enjoying rounds on three top-tier layouts, including the celebrated Ocean Course.

Private jet and golf

Yet the thrill Granito recalls as vividly as any was the rush he felt as the Citation surged toward takeoff, how rapidly it climbed, and how swift and hassle-free the journey proved to be.

“I never thought of myself as the kind of guy who’d be flying private,”

Continue reading about flying private on golf.com>>


Bombardier Shares, Bonds Drop on Business Jet Demand Doubts

Bombardier Inc.’s shares and bonds tumbled on concern that demand is weakening for business jets, a pillar of profit at a company struggling to develop its first commercial airliner.

Bombardier business jets

The sell-off probably was triggered by comments Wednesday from an aviation-parts supplier, B/E Aerospace Inc. about softening buyer interest in large-cabin executive aircraft, said Benoit Poirier, a Desjardins Securities Inc. analyst.

“They said the business-jet environment remains very tough, especially on the international front,” Poirier said in a telephone interview from Montreal, where Bombardier also is based. He recommends buying the stock.

Continue reading about Bombardier on Bloomberg.com>>


The Real Story Behind Private Jet Dining

Champagne and caviar, fancy dishes prepared by Michelin chefs, served to highly paid CEOs drinking vintage wines charged to their shareholders. If one reads stories in the general press that might be the image you would get about dining aboard private jets. In fact, it is by far the exception than the rule, say experts.

private jet catering

“(Private jet travelers) are top performers. It is more like being a private chef for a top athlete,” says Paul Schweitzer, Senior Vice President of Global Sales & Marketing at Air Culinaire Worldwide, which operates 16 kitchens in the U.S. and serves up about 600 orders a day. Shooting a hole in the idea that private jet travel is layered with excess, he notes orders from corporate flight departments average about $350, and that typically covers meals for three or four people. If that seems expensive, most of the costs are tied up in logistics. More on that later.

Private jet dining

Continue reading about private jet dining on forbes.com>>


Honda to Start Selling Jet in South America

Honda Aircraft Co. said Monday that it will begin selling its HondaJet business aircraft in South America, starting in Brazil.

Hondajet

The aircraft, designed and made at Piedmont Triad International Airport in Greensboro, will be showcased at the 2015 Latin America Business Aviation Convention and Exhibition in São Paulo on Aug. 11-13.

Continue reading about Hondajet on journalnow.com>>

Empty Leg Charter Listings and One Way Charter Rates Availability July 21 2015

July 21st, 2015

Empty Leg Charter Listings and One Way Charter Rates Availability for July 21 2015

Current one way and empty legs charter listings. Segment listings are updated as soon as they become available. With one-ways you get point-to-point rates. These are fixed rates between popular city pairs. You do not pay for repositioning or overnights thereby saving money.

With empty legs you can save 15 to 70 percent off regular charter rates -sometimes more.

What is an empty leg? An empty leg, also known as a deadhead, is a portion of a previously booked one-way private aircraft charter flight. The aircraft needs to fly empty in order to: Pick up in a different airport, return to base empty after dropping off or needs to reposition to another airport for the next client. Be mindful that these flights exist because someone else has already chartered a flight. This means you are more than likely going to be flying under the of the original customer’s flight schedule. You may be unable to depart at your preferred times and will have to be flexible with the departure or arrival airport. Flexibility on dates, times, origin and destination will always give you more charter options.

Listings are updated as they become available. For an up to date list of empty legs and one way charter rates go here: jetoptionsjetcharter.com/jet-specials/ 

These are the current listing for the remainder of the month of July:


Dassault Falcon 2000S

  • DATE: 07/21/2015 – 07/21/2015
    FROM: LOS ANGELES, CA (VNY)TO: OKLAHOMA CITY, OK (OKC)AIRCRAFT: FALCON 2000TRIP TYPE: ONE-WAY CHARTER

    Charter this 10 passenger heavy Dassault Falcon corporate jet at true one way rates. CL0716

    Request air charter quote


     

  • DATE: 07/21/2015 – 07/26/2015
    FROM: UNITED STATESTO: EUROPEAIRCRAFT: GULFSTREAM GIVTRIP TYPE: ONE-WAY CHARTER

    True one way charter rate is available for this heavy Gulfstream corporate jet. WJ0721

    Request air charter quote


     

  • DATE: 07/21/2015 – 07/24/2015
    FROM: CHICAGO, IL (MDW)TO: HAWAIIAIRCRAFT: GULFSTREAM GIVTRIP TYPE: ONE-WAY CHARTER

    Point to point pricing and true one way charter rates available for this 14 passenger heavy Gulfstream jet. WJ0721

    Request air charter quote


    Hawker 800

  • DATE: 07/22/2015 – 07/22/2015
    FROM: LOS ANGELES, CA (VNY)TO: ASPEN, CO (ASE)AIRCRAFT: HAWKER 800TRIP TYPE: ONE-WAY CHARTER

    Charter this 7 passenger mid size Hawker business jet at true one way rates. CL0716

    Request air charter quote


     

  • DATE: 07/23/2015 – 07/23/2015
    FROM: SAN ANTONIO, TX (SAT)TO: WAUKEGAN, IL (UGN)AIRCRAFT: CHALLENGER 300TRIP TYPE: ONE-WAY CHARTER

    $13,300.00 is the one way charter rate for this super mid Bombardier Challenger corporate jet with capacity for up to 9 passengers. Includes complimentary Wi-Fi. Private air charter rate quoted is for itinerary specified. Any change to itinerary is subject to an increase in price. All pricing is subject to taxes and government fees. Subject to aircraft availability and owner approval at time of booking. LA0714

    Request air charter quote


     

  • DATE: 07/23/2015 – 07/23/2015
    FROM: SAN JOSE, CA (SJC)TO: LOS ANGELES, CA (VNY)AIRCRAFT: HAWKER 800TRIP TYPE: ONE-WAY CHARTER

    Charter this 7 passenger mid Hawker business jet at true one way rates. CL0716

    Request air charter quote


    Gulfstream GIV one way charter rate

  • DATE: 07/23/2015 – 07/25/2015
    FROM: TETERBORO, NJ (TEB)TO: VAN NUYS, CA (VNY)AIRCRAFT: GULFSTREAM GIV-SPTRIP TYPE: ONE-WAY CHARTER

    This 13 passenger heavy Gulfstream corporate jet is available at point to point, one way charter rate. CL0716

    Request air charter quote


     

  • DATE: 07/23/2015 – 07/28/2015
    FROM: KAISER, MO (AIZ)TO: FORT LAUDERDALE, FL (FXE)AIRCRAFT: BEECHJET 400ATRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 7 passenger light business jet. PRV0720

    Request air charter quote


     

  • DATE: 07/25/2015 – 07/25/2015
    FROM: SAVANNAH, GA (SAV)TO: MANASSAS, VA (HEF)AIRCRAFT: LEARJET 60TRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability for this 8 passenger midsize Learjet. CA0702

    Request air charter quote


    Learjet 60 empty leg charter rate

  • DATE: 07/25/2015 – 07/25/2015
    FROM: WASHINGTON, DC (IAD)TO: WESTHAMPTON BEACH, NY (FOK)AIRCRAFT: LEARJET 60TRIP TYPE: ONE-WAY CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability for this 7 passenger midsize Learjet. CA0718

    Request air charter quote


     

  • DATE: 07/26/2015 – 07/26/2015
    FROM: SUN VALLEY, ID (SUN)TO: LOS ANGELES, CA (VNY)AIRCRAFT: HAWKER 800XPTRIP TYPE: ONE-WAY CHARTER

    Charter this 8 passenger mid size Hawker business jet at point to point, one way rates. CL0716

    Request air charter quote


     

  • DATE: 07/26/2015 – 07/26/2015
    FROM: TETERBORO, NJ (TEB)TO: FORT LAUDERDALE, FL (FXE)AIRCRAFT: HAWKER 850XPTRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 8 passenger midsize Hawker business jet. PRV0721

    Request air charter quote


    Challenger 300 empty leg rate

  • DATE: 07/26/2015 – 07/26/2015
    FROM: SAN FRANCISCO, CA (SFO)TO: SANTA MONICA, CA (SMO)AIRCRAFT: CHALLENGER 300TRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 8 passenger heavy Bombardier Challenger corporate jet. DPJ0721

    Request air charter quote


     

  • DATE: 07/27/2015 – 07/27/2015
    FROM: OKLAHOMA CITY, OK (OKC)TO: LOS ANGELES, CA (VNY)AIRCRAFT: FALCON 2000TRIP TYPE: ONE-WAY CHARTER

    Charter this 10 passenger heavy Dassault Falcon corporate jet at point to point, one way rates. CL0716

    Request air charter quote


     

  • DATE: 07/27/2015 – 07/31/2015
    FROM: HALIFAX, NS, CA (CYHZ)TO: FORT LAUDERDALE, FL (FXE)AIRCRAFT: HAWKER 850XPTRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 8 passenger midsize Hawker business jet. PRV0721

    Request air charter quote


    Gulfstream GIVSP empt leg charter rate

  • DATE: 07/27/2015 – 07/27/2015
    FROM: RIFLE, CO (RIL)TO: ASPEN, CO (ASE)AIRCRAFT: GULFSTREAM GIV-SPTRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 14 passenger heavy Gulfstream corporate jet. DPJ0721

    Request air charter quote


     

  • DATE: 07/27/2015 – 07/27/2015
    FROM: JACKSON, MS (JAN)TO: RIFLE, CO (RIL)AIRCRAFT: GULFSTREAM GIV-SPTRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this heavy Gulfstream corporate jet with capacity for up to 14 passengers. DPJ0721

    Request air charter quote


     

  • DATE: 07/28/2015 – 07/28/2015
    FROM: LOS ANGELES, CA (VNY)TO: SAN JOSE, CA (SJC)AIRCRAFT: LEARJET 75TRIP TYPE: ONE-WAY CHARTER

    Charter this 8 passenger light Learjet at point to point, one way rates. CL0716

    Request air charter quote


     

  • DATE: 07/28/2015 – 07/28/2015
    FROM: DALLAS, TX (DAL)TO: LOS ANGELES, CA (VNY)AIRCRAFT: GULFSTREAM G200TRIP TYPE: ONE-WAY CHARTER

    Charter this 9 passenger super mid size Gulfstream corporate jet at point to point, one way rates. CL0716

    Request air charter quote


    Gulfstream GIII one way charter 072815

  • DATE: 07/28/2015 – 07/28/2015
    FROM: LOS ANGELES, CA (VNY)TO: SEATTLE, WA (BFI)AIRCRAFT: GULFSTREAM GIIITRIP TYPE: ONE-WAY CHARTER

    This 11 passenger Gulfstream corporate jet is available at one way charter rate. CL0716

    Request air charter quote


     

  • DATE: 07/28/2015 – 07/30/2015
    FROM: FORT LAUDERDALE, FL (FXE)TO: CHARLEVOIX, MI (CVX)AIRCRAFT: BEECHJET 400ATRIP TYPE: EMPTY LEG CHARTER

    Empty leg charter listings are not for scheduled flights. Times and locations can often be negotiated. Contact us to determine if your travel requirements fit within the charter availability of this 7 passenger light jet. PRV0721

    Request air charter quote


     

  • DATE: 07/29/2015 – 07/29/2015
    FROM: LOS ANGELES, CA (VNY)TO: SUN VALLEY, ID (SUN)AIRCRAFT: LEARJET 75TRIP TYPE: ONE-WAY CHARTER

    This 8 passenger light Learjet is available at point to point pricing, one way charter rate. CL0716

    Request air charter quote


    Hawker 800xp empty leg charter rate 073115

  • DATE: 07/30/2015 – 07/31/2015
    FROM: SALISBURY, MD (SBY)TO: MILWAUKEE, WI (MKE)AIRCRAFT: HAWKER 800XPTRIP TYPE: ONE-WAY CHARTER

    $8,500.00 is the one way charter rate for this midsize Hawker business jet with capacity for up to 7 passengers. Private air charter rate quoted is for itinerary specified. Any change to itinerary is subject to an increase in price. All pricing is subject to taxes and government fees. Subject to aircraft availability and owner approval at time of booking. LA0714

    Request air charter quote


     

 

 

 

Global 7000 and 8000 Program Under Review, Embraer BizJet Deliveries Up, Business Jet Market Uptick

July 20th, 2015

Bombardier Global 7000/8000 Program Under Review

It’s customary for new leadership teams to conduct broad product-portfolio reviews, and while they rarely result in wholesale changes to major programs, they sometimes lead to surprising outcomes that observers may not have anticipated.

Bombardier Global 8000 long range business jet

In the case of Bombardier Inc., where the board of directors in recent months installed a new president and CEO and also approved the appointment of a new president of the Business Aircraft unit, at least one defining program is under review: the Global 7000/8000, two ultra-long-range, large-cabin jets designed to compete against the likes of the Gulfstream Aerospace’s G650 and G650ER.

Bombardier Global

For the time being, work obviously is well advanced and proceeding. The first Global 7000 flight test vehicle is taking shape in final assembly, with major structural parts joined—including the rear, center and forward fuselages, main landing gear and the wing, according to a Bombardier official.

Continue Reading On http://www.forbes.com »

Embraer Business Jet Business Picks Up in Second Quarter

Embraer has seen a pickup in business jet deliveries in the second quarter of 2015 and has recorded a record backlog of more than $22.9 billion. During second quarter, the company delivered 27 jets to the commercial aviation market and 33 jets to the business aviation market, for a total of 60 aircraft, compared to 58 aircraft delivered the same period last year. The company announced $2.6 billion in firm orders at the Paris Air Show…

Embraer business jets

Continue Reading On aviationtoday.com »  

Nextant hands over first 400XTi to PlaneSense

Nextant Aerospace has delivered the first 400XTi to US fractional ownership company PlaneSense, bringing total deliveries of its remanufactured and re-engined Beechjet/Hawker 400A/XP business jet – introduced in 2011 – to nearly 60.

Nextant 400XTi

PlaneSense will incorporate the light twin in to its fleet before the end of the month. This is the first aircraft from an order for up to five 400XTis, placed by the Portsmouth, New Hampshire-based company in March. The second unit is scheduled for delivery later this year.

Continue Reading On http://www.flightglobal.com »

Business Jet Market to See Steady Uptick

A new report from Research and Markets finds the global business jet market to be worth an estimated $21.5 billion as of 2014 and is projected to grow at 2.8 percent Compound Annual Growth Rate (CAGR) through 2033. The demand for business jets continues to recover steadily since the 2008 economic downturn with aircraft delivery numbers in 2014 registering a 6.5 percent year-on-year growth rate.

The growth is driven by economic recovery, a surge in demand for heavy jets and introduction of a number of new aircraft programs by the industry Original Equipment Manufacturers (OEMs) incorporating cutting edge technologies and innovations translating into enhanced performance capabilities, safety features and optimized operating economics.

The delivery numbers continue to be dominated by Bombardier in volume terms and led by Gulfstream in value terms respectively with the duo collectively holding over 70 percent market share based on revenues in 2014 with continued, robust demand growth in the heavy and medium jets segments.

Continue Reading On aviationtoday.com »

No Fatal Business Jets Accidents in First Half of Year, Aerion and Spike Aerospace racing to supersonic business jets, Santa Monica and Manassas Airports

July 17th, 2015

No Fatal Business Jets Accidents in First Half of Year

There were no fatal accidents involving business jets anywhere in the first half of this year–the first clean slate for a first half since 2009, according to AIN research. The tally of zero worldwide stands in bright contrast to the 15 fatalities in four crashes involving U.S.-registered business jets in the first half of last year, one of the highest fatality counts for N-numbered jets in a six-month period and greater than the number of deaths in all of 2013. The four fatal accidents last year happened to aircraft operating under Part 91.

However, the nonfatal accident picture in the first half of this year was not as rosy. The 11 nonfatal U.S. business jet accidents in January through June were nearly three times the four mishaps in the comparable period last year.

Continue reading about business jets on AINOnline.com>>


Aerion and Spike Aerospace racing to supersonic business jets around 2018-2021

The Spike Aerospace supersonic business jet is designed to carry between 12 and 18 passengers in the lap of luxury, is intended to take off in December 2018.

However, despite impressive engineering, the Federal Aviation Administration (FAA) has banned supersonic flight over the U.S. making popular flights such as LA to New York unlikely in the near future.

Aerion AS2 supersonic business jet

Companies including Nasa and Boeing are currently trying to develop supersonic aircraft of their own to reduce the noise – or boom – that the jets make when breaking the sound barrier.

spike supersonic jet

Spike Aerospace unveiled the latest update to the Spike S-512 Supersonic Jet, a stunningly elegant, sleek and innovative business jet that will sweep passengers to their destinations at supersonic speeds. Flying 450 mph faster than any other civilian jet, the Spike S-512 will enable customers to do more and enjoy more out of life. London will be just 3 hours away from NYC – making day trips for business possible. Or Paris to Dubai for shopping and entertainment and back home in time for dinner.

Continue reading about supersonic business jets on nextbigfuture.com>>


Global Business Jet Market 2015-2024 Featuring Gulfstream, Bombardier, Dassault, Textron Aviation & Embraer

Dublin – Research and Markets has announced the addition of the “Global Business Jet Market – 2015-2024 – Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities, Strategic Outlook through 2024″  report to their offering.

The global market for business jets is estimated to be worth $21.5 billion as of 2014 and is projected to grow at 2.8% CAGR through 2033. The demand for business jets continues to recover steadily with aircraft delivery numbers in 2014 registering a 6.5% year on year growth.

The global business jet market continues to make steady recovery from the inertia that followed the economic crisis driven by continued economic recovery underway in the U.S., surge in demand for heavy jets and introduction of a number of new aircraft programs by the industry OEMs incorporating cutting edge technologies & innovations translating into enhanced performance capabilities, safety features & optimized operating economics.

Business jets at EBACE

The delivery numbers continue to be dominated by Bombardier in volume terms & led by Gulfstream in value terms respectively with the duo collectively holding over 70% market share (based on revenues) in 2014 with continued, robust demand growth in the heavy & medium jets segments. Top 3 industry OEMs, namely, Bombardier, Gulfstream & Dassault, with their product portfolios skewed towards the medium & heavy jets segment, continue to hold over 84% market share (based on revenues/aircraft billings for 2014) collectively.

The demand for business jets is likely to continue to improve over near term with improved GDP growth projections in the U.S., Introduction of new aircraft programs by OEMs, improving market accessibility and a favorable oil price trend which is likely to boost fleet utilization & profitability across operators and expand service revenues across OEMs. Further, long term demand drivers & market fundamentals remain robust indicating towards sustained, steady demand growth for business jets over medium to long term.

Continue reading about the global business jet market on researchandmarkets.com >>


Santa Monica Airport Leases Return to Council

Controversial three-year lease deals for tenants at Santa Monica Airport drew hundreds of airport opponents the last time they went before the City Council, and now they are back on the agenda for Tuesday’s meeting.

An email last week from attorney Jonathan Stein, who represents Sunset Park Anti-Airport (SPAA) and worked to defeat the failed pro-airport Measure D last year, enclosed a copy of a mailer Stein said was sent to more than 9,450 registered voters in Santa Monica urging them to turn out for the Council’s meeting Tuesday.

Santa Monica Airport business jet landing

Concerned Residents Against Airport Pollution (CRAAP) also sent out an email blast Monday stressing the importance of the vote.

“Will Mayor McKeown and Council member Sue Himmelrich hold firm with their strong statements that they gave to the FAA in Washington D.C. on July 8, or will they yield to the opinions of their staff?” the group’s director Martin Rubin wrote.

Continue reading about Santa Monica Airport leases on surfsantamonica.com >>


Why Manassas Regional Airport’s code is HEF and other fun facts

In May, press was buzzing about the World War II fighter bombers that were based at the Manassas Regional Airport for the Victory Capitol Flyover for the 70th anniversary of Victory in Europe (VE) Day. While special events like the flyover, airshows, and the Manassas Runway 10k/5k race help put the airport on people’s radars, many may not know what happens every day at Virginia’s busiest General Aviation airport.

Manassas regional airport jet landing

The first order of business is: why is “HEF” Manassas Regional Airport’s identifier code? Richard Allabaugh, who works in airport operations, asked the Federal Aviation Administration (FAA) the same question, but didn’t get a definitive answer. The FAA uses a computer program to suggest allowable codes from which the airport owner can choose. Codes that are too similar to other airports within 200 nautical miles aren’t allowed. The airport was dedicated as Harry P. Davis Field in honor of Mayor Harry P. Davis, the City’s longest serving Mayor. As a result, “HPD” or “HDF” would seem like the best fit for an airport identifier. However, Allabaugh wagers an educated guess that those identifiers were probably too close to existing codes and “HEF” was the closest to the airport’s original requested identifiers.

It’s important to note that Manassas is a General Aviation (GA) airport, not a commercial service airport like Dulles. The main difference is that GA airports do not have commercial airline service, which requires certification by the FAA. However, Manassas Regional voluntarily holds itself to the certification’s standards.

Continue reading about Manassas Regional Airport on potomoclocal.com >>

Gulfstream G650ER Video, Pension Funds, Oil Prices and Private Jets, Spike Supersonic Jet

July 16th, 2015

Take a tour of the $66.5 million private jet: Gulfstream G650ER

Gulfstream G650 ER

At the National Business Aviation Association in June, the line to catch a glimpse of the new Gulfstream G650ER private jet was the largest of the conference. The “ER” stands for the updated “extended range” version of the luxurious G650.



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How Pension Funds, Universities and Endowments Pay for Private Jets

One of the class markers of the private equity industry is that its members routinely fly on private jets. That’s often because the larger and even some of the smaller firms charge their private jet travel to private equity portfolio companies. That means that the cost is borne first and foremost by investors in private equity like public pension funds, private pension funds, universities like Harvard and Yale, and other foundations and endowments.



 

The enormous costs of private jets, while they are borne by the investors, are almost entirely hidden from them. PE firms keep investors in the dark by having the portfolio companies they’ve bought on behalf of their investors pay these jet bills. Amazingly, investors have been fooled by this simple ruse for decades – it’s as if your stockbroker deducts his fee from your account, and you regard his services as free because you never see a bill.

Now admittedly, there are cases, if you are taking a team of people from one not-well-air-serviced location to another, when private jet travel is cheaper than flying commercial. But those instances are rare.
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Low oil a boom for private jet business?

As the price of oil continues its bumpy ride, the broadly lower cost per barrel could present a new business opportunity for the world’s largest private jet company.

NetJets, a subsidiary of Berkshire Hathaway which offers fractional ownership and private jet rental, told CNBC that low oil prices – now down around 50 percent from highs last summer — could boost their business.

“If you are an oil company and you’re invested in a fleet of your own private jets, clearly this is the moment where you’ll look back at your investments and your assets and think: ‘Was this the best decision?’,” NetJets’ Head of European Sales Marine Eugene said. “I think this is a tremendous opportunity for us.”

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Football star splashes out 10 Million for private jet

Brazilian football wizard Neymar splashed out $10 million buy a private jet and flew his friends out to Las Vegas – the party capital of the world.

Neymar jet Instagram

The Barcelona forward used it to fly to and from the Copa America tournament in Chile – but his competition was cut short for a headbutt early on.

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Fly from NYC to London in 3 Hours with a Supersonic Jet

Spike Aerospace’s latest, luxury high-speed jet will be able to fly from NYC to London in just three hours

Spike Aerospace’s latest, luxury high-speed jet will be able to fly from NYC to London in just three hours. The Spike S-512 Supersonic Jet can fly 450 mph faster than any current civilian jet, which means cutting most flight times by half.

However, the supersonic experience comes at a high cost: the finished S-512 will cost between $60 and $80 million. (Which is great if your itinerary goes from “Paris to Dubai for shopping and entertainment and back home in time for dinner,” as the Spike Aerospace update suggested.)

The high-speed jet can hold 18 passengers at a time, and feature a Muliplex Digital cabin. That’s to say: a windowless cabin equipped with a high-definition, full-screen display that can play anything from a live feed of the world outside, movies, to a business presentation your team is thrilled about.

spike supersonic jet
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