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Minsheng Financial Leasing Celebrates 60 Aircraft Order With Gulfstream

April 20th, 2014

Sale Is One Of The Largest In Gulfstream History

Gulfstream Aerospace Corp. held a signing ceremony with Minsheng Financial Leasing Co. Ltd. at the Asian Business Aviation Conference & Exhibition. The ceremony recognized Minsheng’s order for 60 Gulfstream aircraft, which was signed in the fourth quarter of 2013.

The 60-aircraft order, a combination of firm orders and options, is one of the largest in Gulfstream’s history.

The sale spans the Gulfstream product line, including the super mid-size Gulfstream G280; the large-cabin, long-range G450; the large-cabin, ultra-long-range G550; and the ultra-large-cabin, ultra-long-range G650. All of these Gulfstream can be chartered through JetOptions. Call Gus Lira at 888-535-9538 (888-5FLY-JET) for more information on chartering a Gulfstream.

Minsheng Financial Leasing Celebrates 60 Aircraft Order With Gulfstream

“This agreement speaks to the industry-leading performance, comfort, safety and reliability of Gulfstream aircraft,” said Larry Flynn, president, Gulfstream. “Thanks to the breadth of the Gulfstream aircraft family, we have the products that match the needs of Minsheng’s customers. Minsheng has quickly become the largest fleet owner in China and has been a leading visionary in the business aviation market.  We are thrilled with Minsheng’s confidence in Gulfstream and look forward to working with the company throughout the delivery process and beyond.”

Minsheng Financial Leasing was formed in April 2008 by China Minsheng Banking Corp. and Tianjin Port Free Trade Zone Investment. It was one of the first leasing companies to receive approval to operate from the China Banking Regulatory Commission.

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Embraer Posts Strong 1st Quarter, China’s Bizav Market, More BBJ’s heading to China + MORE Apr 19th

April 19th, 2014

Embraer announced deliveries for a total of 34 aircraft for the first quarter of 2014.The Brazilian airframe manufacturer delivered 20 business jets and 14 commercial jets, and reported an increase of its firm order backlog to $19.2 billion, a $1 billion increase from the fourth quarter of 2013.
Embraer Delivers 34 Jets in First Quarter

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​A report published by aviation consulting firm Asian Sky Group pegs the number of business jets in operating Greater China – Mainland China, Hong Kong, Taiwan, and Macau – at 371 aircraft.

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Embraer delivered 20 business jets during the first quarter of this year, compared with just 12 during the same period a year earlier. The 66-percent increase in deliveries in the company’s executive jet business accompanied an increase in its overall, firm-order backlog to $19.2 billion from $18.2 billion during the quarter, driven mainly by a firm order for 50 E2 E-Jets to India’s Air Costa during the Singapore Airshow in February.

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The Boeing Business Jet (BBJ) program has seen a growing market in China, with five BBJs entering service in the region last year. Three additional BBJs for Chinese customers have been delivered to completion centers

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​Nextant Aerospace has tapped AVIC as the sales agent for its remanufactured aircraft in China.

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India’s Invision Air has abandoned plans to build a wholly owned fleet of Embraer Phenom light jets, switching its business model to one based largely on aircraft management and a scheme to provide flights connecting smaller cities within the state of Maharashta. The Mumbai-based group originally intended to buy six Phenom 300s and six Phenom 100s.

Under a deal signed in 2007, Invision held options for 18 Phenoms. But these are now “deferred and in abeyance,” according to Invision managing director Vinit Pathak, who added that Embraer understands the economic pressures that have forced the change of plan. He also told AIN that the manufacturer has been “very flexible.”

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Gulfstream G280 Arrived At ABACE With New City-Pair Records

April 18th, 2014

The G280: a Super Mid-Size Aircraft Links Europe, Middle East And Asia

Gulfstream Aerospace Corp.’s G280 continues to set speed records, this time en route to the 2014 Asian Business Aviation Convention & Exhibition (ABACE) in Shanghai. The super mid-size aircraft established two city-pair records between Germany, Dubai and Hong Kong, bringing the total record number to 47.

Gulfstream G280 Arrived At ABACE With New City-Pair Records

“Already this year, the G280 has made record runs from North America through the Asia-Pacific region, the Middle East, Africa and Europe,” said Scott Neal, senior vice president, Worldwide Sales and Marketing, Gulfstream. “These latest records coming into ABACE are a testament to the G280’s dominance of its class and how quickly and reliably it can connect major markets around the world.”

The G280 flew 2,751 nautical miles/5,094 kilometers from Friedrichshafen Airport in Germany to Dubai International Airport in the United Arab Emirates at an average speed of Mach 0.84 for a total flight time of 5 hours and 49 minutes.

From Dubai, the aircraft flew to Hong Kong International Airport, traveling 3,449 nm/6,388 km at an average speed of Mach 0.82 in 7 hours and 7 minutes.

“The Gulfstream G280 was designed to save time with its long-range capability and short-range efficiency,” said Dan Nale, senior vice president, Programs, Engineering and Test, Gulfstream. “These records once again prove the aircraft’s superior performance capabilities bolstered by its advanced wing, airframe and powerful engines.”

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Dassault Aviation rolls out 250th Falcon 7X

April 17th, 2014

7X is Fastest Selling Falcon Ever

Another milestone in the Falcon 7X program was reached this week with the roll out of the 250th aircraft at Dassault Aviation’s Charles Lindbergh Hall in Mérignac near Bordeaux, France.

Dassault Aviation rolls out 250th Falcon 7X

The aircraft entered final assembly earlier this year. It will fly to the Falcon completion center in Little Rock, Arkansas in June and will be delivered to its customer before year’s end.

“This latest milestone is testimony to the outstanding reception that the Falcon 7X has received in the business aviation community,” said Eric Trappier, Chairman and CEO of Dassault Aviation. “Thanks to this enthusiastic support, the Falcon 7X has become our fastest selling business jet ever.”

250th Falcon 7X rolls out

A total of 216 Falcon 7X’s are currently in service in 34 countries around the world. The fleet has accumulated more than 250,000 flight hours since it was introduced in 2007.

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Beechcraft signs order for King Air C90GTx at ABACE

April 16th, 2014

Beechcraft has sold a King Air C90GTx aircraft to Chinese state-owned company Beidahuang General Aviation

Beechcraft Corporation, part of the Textron Aviation segment of Textron Inc., announced the sale of a Beechcraft King Air C90GTx to the state-owned Beidahuang General Aviation Company of Harbin, China. The companies held a signing ceremony at the Asian Business Aviation Conference & Exhibition (ABACE) in Shanghai, China.

Beechcraft signs order for King Air C90GTx at ABACE

The order was brokered through Beechcraft’s channel partner in China, Avion Pacific. The King Air C90GTx aircraft will join a fleet of nearly 90 aircraft operated by the Beidahuang General Aviation Company, a subsidiary of the Beidahuang Group, a conglomerate of China state-owned agribusinesses. Beidahuang General Aviation Company plans to use the King Air C90GTx for personnel transport and aerial survey.

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Cessna Citation XLS+ receives CAAC certification for deliveries in China

April 15th, 2014

Cessna Citation XLS+ receives Civil Aviation Administration of China certification

Cessna Aircraft Company announced that the company has been granted Civil Aviation Administration of China (CAAC) certification for the Citation XLS+ clearing the way for deliveries in China later this year.

“Bringing the Cessna Citation XLS+ to China means introducing this market to the most successful business jet ever produced,” said Bill Harris, vice president, Sales, Asia and Asia Pacific. “Business owners consistently have chosen the Citation XLS+ more than any other aircraft in the light midsize category for its unparalleled combination of comfort, ease of operation and range of mission capabilities.”

Citation XLS can be chartered fromJetOptions

CAAC certification is another step toward beginning operations at Cessna-AVIC Aircraft (Zhuhai) Co., Ltd. for final assembly and delivery of Citation XLS+ business jets to customers in China. Much of the work to establish the joint venture entity has been completed, and joint venture business license approval is anticipated from the Ministry of Commerce of China as early as summer 2014.

“As customers in China gain interest in the light jet and midsize categories, Cessna provides enticing advantages as the demonstrated leader in these segments,” said Bill Schultz, senior vice president, Business Development. “It is the right time to have proven products like the Citation XLS+ ready and available for the market. Our relationship with China Aviation Industry General Aircraft Company Ltd. (CAIGA) is about working together to identify the general aviation needs of the Chinese market and to provide Cessna products and solutions to meet those needs.”

The Citation XLS+, part of the midsize Excel/XLS family, has the largest cabin in its class (nearly 19 feet long with a dropped aisle for 68 inches of height) with seating for up to 12 passengers. It travels as fast as 441 ktas with a range of more than 1,858 nautical miles, departing from runways as short as 3,560 feet.

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Another Travel Nightmare: Passengers Stuck on Plane for 34 Hours

April 14th, 2014

Another Travel Nightmare: Passengers Stuck on Plane for 34 Hours

One more reason to fly private with JetOptions:

Travel Nightmare: Passengers Stuck on Plane for 34 Hours

As travel horror stories go, this one is a doozy.

A Cathay Pacific flight from New York City’s John F. Kennedy International Airport to Hong Kong wound up being a 34-hour journey — including a 15-hour unscheduled layover in Zhuhai, China — where the 256 passengers never left the plane.

“It was unbelievable,” one passenger on the flight said. “We couldn’t get off the plane. The crew couldn’t get off the plane. All we could do was wait for it to end.”

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Cessna Anticipates Strong European Demand, Proposed Ban On In-Flight Calls Not to Apply to Bizav Apr 13th

April 13th, 2014

Cessna Aircraft European Demand, usiness Aviation In-Flight Cell Calls

Cessna Anticipates Strong European Demand For New Aircraft

Cessna Looks For EASA Certification Of Several New Models This Year

In anticipation EASA certification of a variety of new models and strong European demand in the near future, Cessna Aircraft Company is displaying the Cessna Citation M2 business jet, Cessna Grand Caravan EX utility turboprop and Cessna TTx high-performance single-engine aircraft at the AERO Friedrichshafen trade show in Germany this week.

“We have several exciting products launching in Europe this year – we expect the Citation M2 (pictured), Cessna Grand Caravan EX and Cessna TTx to all achieve European Aviation Safety Agency (EASA) type certification in 2014,” said Tom Perry, vice president of sales, Europe. “Each aircraft brings distinctive capabilities to the European market and we anticipate they will be extremely popular with our customers.”

Cessna Aircraft Company is displaying the Cessna Citation M2 business jet in Germany

The Citation M2 has a maximum cruise speed of 400 knots true airspeed and a range of 1,300 nautical miles. The aircraft can operate at airports with runways as short as 3,250 feet and will climb to 41,000 feet in 24 minutes. “There is already significant interest in the Citation M2 from our European customers,” Perry said. “Customer feedback has indicated a strong demand in Europe for a Citation with the size, speed and range of the Citation M2.”

The Cessna TTx is the world’s fastest certified single-engine fixed-gear aircraft. The TTx is a high-performance composite airplane designed for advanced pilots, with progressive technology and luxury interiors. The TTx is the first aircraft to be equipped with the Garmin G2000 avionics system, featuring a glass cockpit with dual 14.1-inch high-definition displays and touch screen controls.

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In response to a DOT advance notice of proposed rulemaking (ANPRM), NBAA said a proposed ban on in-flight voice communications through passenger mobile wireless devices would strip business aviation users of a key advantage when traveling onboard private, secure aircraft.

“There are considerable benefits to allowing customers the freedom to make an in-flight voice call if they deem it necessary and are willing to pay any applicable service fees,” NBAA noted in comments submitted on March 26. “This is particularly the case for charter passengers who might be expected to have business or individual needs for staying in contact.”

Terming the use of cellular phones in passenger cabins a potential “unfair practice to consumers,” DOT issued the ANPRM in direct response to pending legislation that, if enacted, would significantly revise earlier Federal Communications Commission policies to allow passengers onboard commercial airliners to make or receive calls while in flight.

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Airbus ACJ319 is exhibited at ABACE, Phenom 100: Buyer’s and Investor’s Guide + MORE Apr 12th

April 12th, 2014

Airbus is exhibiting an ACJ319 corporate jet at ABACE, demonstrating the the widest and tallest cabin of any business jet to the important Asian market. The aircraft on display, which is operated on VVIP charters by Comlux, is being shown for the first time at ABACE.

Airbus is exhibiting an ACJ319 corporate jet at ABACE

Corporate jets such as the Airbus ACJ319 are used as business tools by companies, individuals and governments, enabling them to be more productive. They are an important contributor to economic growth, helping companies to grow faster and more profitably.

“Commercial aviation is one of the greatest business enablers, bringing people together quickly and efficiently in a way that stimulates economic growth while helping to improve everyone’s lifestyles,” points out Airbus Chief Operating Officer, Customers, John Leahy. “When it comes to business aviation, corporate jets such as the Airbus ACJ319 play a similar role, helping leaders to make deals that benefit communities, as well as the companies and organisations for which they work,” he adds.

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The Phenom 100 is a very light jet, built by the Brazilian manufacturer Embraer, which until recently was primarily a commercial airliner manufacturer but in more recent times has moved more into building business jets. The aircraft is capable of carrying up to seven passengers but four or five is more comfortable and can be crewed by a single pilot.

Phenom 100_Entry_Level Private Jet

The Phenom 100 has a range of 1,170 nautical miles (nearly 2,200 kilometres). It has two Pratt and Whitney PW617F-E engines, providing a thrust for takeoff of 1,695 pounds each. The engines are fitted with FADEC (Full Authority Digital Electrical Control). The Phenom 100 has a high speed cruise of nearly 450 mph (720 kph). You can charter a Phenom 100 from JetOptions by calling 888-5FLY-JET.

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China looking to become a key player in general aviation, Business Aviation Flight Activity in Europe Rebounds

April 11th, 2014

Business aviation flying in Europe last month climbed 22%, China Wants to Become a Major User of Light Aircraft

General aviation in China has existed on a minimal scale for decades. Little interest has been shown in this niche sector by the ruling party and the aerospace sector, resulting in a limited indigenous aircraft manufacturing base, a small installed base of light aircraft – mainly serving the agricultural and pilot training markets – and around 200 airports, which are dominated by the country’s airlines and military.

Over the last five years, however, China’s attitude towards GA has undergone a transformation. This vast country is now seeking to become not only a major user of light aircraft but a key player in the manufacturing of GA types.  So what has triggered this change in attitude?

According to Ed Smith, senior vice-president of international and environmental affairs for the General Aviation Manufacturers Association (GAMA), the devastating earthquake in Sichuan province in 2008 marked the turning point for GA in China.

“It was one of the deadliest earthquakes in its history [claiming around 70,000 lives] and yet the government was helpless,” he says. “Unable to access the devastated towns and villages due to the poor roads and a shortage of suitable aircraft, China was forced, for the first time in recent memory, to ask for international assistance to help with the recovery effort,” Smith adds.

His view is supported by Roger Whyte, aviation expert and former senior executive with leading GA aircraft manufacturer Cessna. “China did not have enough resources of its own to cope with this situation. Once the rescue and relief effort was in full swing, however, China soon realised how versatile and indispensable GA aircraft could be. They then set about building their search and rescue [and medical evacuation] capability,” he says

In an effort to boost the fleet even further, the government began to offer financial incentives to encourage owners and operators to buy GA aircraft that could be used in a crisis, Whyte adds. This practice continues today.

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Business aviation flying in Europe last month climbed 22 percent month-over-month and 2.1 percent year-over-year, to 52,931 flights, according to Hamburg, Germany-based business aviation data firm WingX Advance. After three consecutive monthly increases, activity in the first quarter edged up by 1.6 percent from the same period a year ago.

WingX said the year-over-year increase was “clearly buoyed” by private flight activity, up by 8 percent, and “particularly private flights on business piston aircraft,” which soared by 28 percent. This performance is less encouraging from the perspective of the business jet fleet, for which activity was down 1.1 percent, and for charter activity overall, down 3.9 percent.

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Bombardier’s Learjet 85 Aircraft Takes Flight

April 10th, 2014

Learjet 85 aircraft successfully completed its first flight

Bombardier Aerospace announced that the Learjet 85 aircraft successfully completed its first flight, achieving a major milestone in a business aircraft development program that will redefine the midsize segment. This first flight marks the start of the Learjet 85 aircraft’s flight test program leading up to the first customer delivery.

Learjet 85 aircraft successfully completed its first flight

The Learjet 85 flight test vehicle one (FTV1) was flown by Captain Ed Grabman, Chief Flight Test Pilot, Bombardier Flight Test Center; assisted by his co-pilot, Jim Dwyer; and Flight Test Engineer Nick Weyers. The flight departed from Wichita-Mid Continent International Airport at 8:19 am CST.

During its maiden flight which lasted approximately 2 hours and 15 minutes, the Learjet 85 aircraft reached an altitude of 30,000 feet (9,144 metres) and an air speed of 250 knots (463 km/h; 287 mph). All flight controls were exercised with the systems and aircraft performing as expected.

Learjet 85 makes first flight

“The first flight of the Learjet 85 aircraft was a very proud and thrilling moment for all Bombardier employees,” said Éric Martel, President, Bombardier Business Aircraft. “Incredible hard work and dedication from our people went into this aircraft development program. This includes our sites in Wichita, Querétaro and Montréal, as well as our facility in Belfast, Northern Ireland. We are all very excited to see this new aircraft, the fastest and most spacious Learjet aircraft, take to the skies, and we look forward to a very successful flight test program.”

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JetOptions mentioned in article about Private Jet Charter Companies Recognized for the Quality of their Services

April 10th, 2014

JetOptions Private Jets is mentioned in a list of some of the most important American private charter plane companies offering the most luxurious jets and high quality service in

Flights on private jets are part of a privileged lifestyle, but they also are a necessity imposed by the complex agendas of corporate executives, businessmen, celebrities and athletes in every corner of the civilized world. A need for some and an extravagant luxury for others, truth is this is a market niche for a small, affluent and demanding elite.

Prices for private plane charters vary from $4,500 to over $6,000 an hour, depending on the business and the exclusivity of the service. Here, we present five recognized companies that have excelled in recent years for offering the most luxurious aircraft and excellent services.

JetOptions is one of the Private Jet Charter Companies Recognized for the Quality of their Services Apr 10

JetOptions Private Jets

JetOptions, operating from Dallas, Texas, brings to the market a new alliance as it groups the leading providers of luxury private jets worldwide. Their aim is to provide an aircraft in just two hours, which they can do thanks to their complex communication infrastructure and logistics software solutions.

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IATA, Bombardier, Airbus, Gulfstream and Beechcraft Aviation News from Twitter

April 9th, 2014

IATA, Bombardier, Airbus, Gulfstream and Beechcraft Aviation Tweets

Dassault Falcon 2000S & 2000LXS approved for London City Airport

April 9th, 2014

Dassault Falcon 2000 and 2000LXS Cleared for London City Operations

Dassault’s Falcon 2000S and 2000LXS twin jets (which you can charter from JetOptions) recently received approval to operate at one of the world’s most challenging airports, London City, located in the heart of Europe’s financial hub. Dassault is the only business jet manufacturer to have its entire current production fleet certified to operate at London City.

“The ability to operate at London City gives our operators an added measure of flexibility and a distinct advantage in their day-to-day operations,” said Eric Trappier, Chairman and CEO of Dassault Aviation.  “Superior airport performance is at the center of every Falcon that Dassault designs and builds. The London City approvals Dassault has received for all of our current production aircraft are a clear example of this.”

The 3,350 nm Falcon 2000S is Dassault’s new entry-level jet. It offers short-field capability comparable to smaller midsize jets but with performance and a superior level of cabin comfort. The 4,000 nm Falcon 2000LXS has the same cabin offerings, similar short-field capability but with longer range. Both were certified in 2013.

Falcon 2000S

The Falcon 2000S and Falcon 2000LXS can connect London City with all of Europe and most of the Middle East. The Falcon 2000S can climb directly to 41,000 feet in 19 minutes and can land at 95% of its maximum takeoff weight. Equipped with leading edge inboard slats, it can approach at a slow 107 knots and needs just 2,315 ft of runway to land. The 2000LXS features similar landing performance.

Dassault’s flagship, the Falcon 7X, previously received approval in 2009 and features the longest range of any airplane out of London City Airport. It can connect London City Airport with nonstop access to the United States, Europe and the Middle East.

OpEd in New York Times from NBAA: Business Aviation Isn’t a ‘Taker’

April 8th, 2014

Business Aviation Isn’t a “Taker”

Ed Bolen, President and Chief Executive of National Business Aviation Association (JetOptions is a member of NBAA) wrote the following letter to the editor of the New York Times in response to the article “A Nation of Takers?,” by Nicholas Kristof (column, March 27):

National Business Aviation Association

To the Editor:

A Nation of Takers?,” by Nicholas Kristof (column, March 27), paints a negative caricature of business aviation. Communities across the country and millions of workers depend for their livelihoods on business aviation, the purchase and use of small airplanes for business.

First, business aircraft have depreciated in accordance with a longstanding system that was approved by a bipartisan Congress decades ago. That system recognizes that a whole litany of assets — combines, cranes, delivery trucks, forklifts and, yes, aircraft — are necessary to companies’ ability to do business.

As many economists agree, the depreciation system grows the economy by incentivizing companies to upgrade assets, helping them continually improve on their ability to deliver products, provide services to customers, reach far-off markets and generally remain nimble and competitive in an unforgiving global marketplace.

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