In this post: Corporate jet investor has delivered a comprehensive guide to the Cessna Citation Mustang, a very popular Very Light Jet. Next is everything you need to know about the private aviation club Wheels Up. Vistajet had up to 20 Learjets at one time, but last week they said goodbye to their last one. The FAA has revoked Globaljet’s air carrier certificate due to unauthorized use of aircraft for compensation.
As always, let us know if you’d like for us to cover any event or post any aviation related news here.
The $2.75 million Cessna Citation Mustang aims to bring large cabin comfort to the very light jet market. Perfect for saving time of short-haul journeys, it’s like the TARDIS of private aviation in more ways than one.
For: The Cessna Citation Mustang is a well-built small jet that can comfortably carry two or three passengers for a few hours. If you regularly fly short distances – such as London to Nice – a Citation Mustang could be the perfect aircraft.
The fact that the Citation Mustang is popular in the charter market tells you everything you need to know about the aircraft’s value and efficiency. Of course, its success and its competitive price tag go hand in hand, but its low operating costs are just as attractive.
Against: The low range of the Cessna Citation Mustang means it is a niche aircraft. First delivered at the top of the business jet market, the Citation Mustang had a great start but demand has definitely fallen (the same is also true for its closest competitors like Embraer’s Phenom 100 and the Eclipse 500).
It really is hard to find much fault with the Mustang when it is priced so much lower than its main competitors, but if you’re add an extra $2 million to your budget, you might find that the Mustang suddenly looks rather humble in comparison to some of the better performing – and slightly larger – light jets.
Your best online resource for Wheels Up, a member’s club for the private aviation community, led by Kenny Dichter, the founder of Marquis Jet.
Kenny Dichter launched Wheels Up, a private aviation membership company, in August 2013, placing a record-breaking turboprop order with Beechcraft for up to 105 King Air 350is thought to be worth $1.4 billion including maintenance.
By the end of 2014, Wheels Up had signed up 1,000 members and had grown its aircraft fleet to comprise of 27 brand new King Airs and 10 fully-refurbished Citation jets from Cessna. The company also became the exclusive sales agent for VistaJet’s US business jet fleet – managed by Jet Vitiation – and signed a partnership with JetSuite.
As Wheels Up continues to grow both its fleet and global membership base, the company plans to add a wider range of private jets and helicopters to its aircraft fleet (the company only expects around 30 per cent of its revenues to come from its King Air fleet), which its members will be able to charter at an hourly rate. It also plans to expand into Europe.
Starting at $15,750 a year, Wheels Up members can enjoy exclusive events and a concierge service, courtesy of Wheels Down, which runs as an affiliated lifestyle brand.
VistaJet has sold off the last of its Bombardier LearJet 60 private jets, ending the company’s association with light jets.
The company had operated a total of 20 LearJet 60s since they took delivery of their first aircraft in 2004.
The last LearJet 60 left London’s Northolt Airport to the US where it has been sold.
During VistaJet service, the combined fleet of LearJet 60s clocked up 42,962 hours over 18,262 flights, which the company says is equivalent to 500 trips around the world.
“Today is a very emotional day. The Learjet 60 was my first aircraft and the catalyst for the company we know as VistaJet today,” said Thomas Flohr, founder and chairman of VistaJet. “Learjet aircraft are fast and agile, pilots love to fly them and the cabin volume is generous, so passengers are always comfortable.”
FAA Alleges The Company Operated A Cessna 550 For Compensation Without Authorization
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has revoked the air carrier certificate of GlobalJet NA, LLC of Scottsdale, Ariz., for allegedly conducting unauthorized operations for compensation or hire in violation of the Federal Aviation Regulations.
The FAA alleges GlobalJet operated a Cessna 550 jet on at least 47 flights for compensation or hire when it was not authorized to use the aircraft for these operations. When the FAA requested GlobalJet records for the flights, the company allegedly provided falsified logs showing the flights were not for compensation, and withheld invoices showing it had in fact been paid for them.
Additionally, the FAA alleges GlobalJet conducted flights for compensation or hire during a 12-month period when it did not have a qualified chief pilot. GlobalJet also allegedly used crew members unqualified for for-compensation or for-hire operations on over 140 revenue flights during the same 12-month period. The agency alleges that GlobalJet knew it did not have a qualified chief pilot and was using unqualified crew members.
The FAA’s revocation order alleges that GlobalJet knowingly violated Federal Aviation Regulations, demonstrated a complete disregard for public safety and poses an unacceptable risk to aviation safety.
The company has surrendered its certificate in response to the FAA’s order. It has appealed the order to the NTSB.