Corporate aviation is an excellent choice for high-wealth individuals or corporations seeking a more efficient travel option than the commercial airline industry. But what are the ins and outs of corporate aviation? What options are available for those interested in ownership, FBOs and management, legal issues and more? This new section of the Wings serves as resource for those interested in exploring the corporate aviation option. It includes related news and content corporate aviation users can use.
The PC-24 development project has now entered its final phase, the most challenging tests have all been successfully completed. The three PC-24 prototypes have made a total of 1,250 flights for 2,000 hours in the air so far. Function reliability tests are currently underway with P03, which corresponds to the production standard.
With a slate of new business aircraft and some promising prospects for its military airplanes, Textron Aviation chief executive Scott Ernest is feeling pretty good about the future of the company.
The National Business Aviation Association (NBAA) today brought to a close its 2017 Business Aviation Convention & Exhibition (NBAA-BACE), and event organizers reported the show was an all-around success, highlighting the strength of the industry, the host community of Las Vegas, NV, and the association, on its 70th anniversary.
Textron Aviation Inc. has announced at the National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) that it is in the process of delivering the 100th Cessna Citation Latitude midsize business jet. The milestone aircraft, which comes just 26 months after the first Latitude entered service, will be handed over to NetJets, Inc., this week at Textron Aviation headquarters in Wichita, Kansas.
The 2017 National Business Aviation Association’s annual tradeshow and convention kicked off in Las Vegas, Nv. Oct. 9 with its media day and there were plenty of announcements to illustrate how major OEMs are positioning themselves for development and growth in the global market. Here are some highlights.
The business jet aviation industry is likely facing a modest pace for near-term orders due to an uncertain economic and political environment along with a very competitive used aircraft market, per the 26th annual Global Business Aviation Outlook released by Honeywell.
A recently released study of U.S. corporations found overwhelming evidence of the ubiquity of business aviation at America’s leading firms. The study, undertaken by NEXA Advisors, looked at top corporations across a variety of dimensions, including innovation, customer service, brand value, corporate citizenship and financial performance, and found that in each case more than 90% of the firms recognized for excellence in these areas utilized corporate aviation assets. | READ MORE
Following a record-breaking first quarter for pre-owned transactions, the second quarter of 2017 followed suit with 573 used business jet retail sales – more than any other second quarter in history. 2Q17 used transactions were up 6.5% over 2Q14, the previous second quarter benchmark for used transactions, and up 7.5% over 2Q16.
Nordic Aviation Capital has announced its plan to strengthen its executive management team as it continues its rapid growth in the regional aircraft leasing space.
Caisse de dépôt et placement du Québec (CDPQ), a leading institutional asset manager, and GE Capital Aviation Services (GECAS), a world leading aircraft leasing company, have announced that they have signed a commitment letter to create a US$2-billion global aircraft financing platform. The transaction is subject to conditions including any required regulatory approvals.
Milestone Aviation Group (Milestone) and GE Capital Aviation Services (GECAS) have opened a new office in Sydney, Australia, effective May 1, 2017. With the opening of the new location, Milestone and GECAS are available locally to better support Australian customers with the company’s full suite of helicopter and commercial aircraft financing products.
Honda Aircraft Company provided an update on the HondaJet program during a press conference at the European Business Aviation Convention and Exhibition (EBACE) being held May 22-May 24 in Geneva, Switzerland.
Engines & APU on MSP Gold, ATG-5000 WiFi system, Part 135 ready, eight passenger executive interior.
Upgraded Pro Line 21 avionic package, TFE731-40 engines on MSP, Dual Collins FMS 6100 flight management system, RVSM/MNPS/RNP10 certified, nine passenger interior.
Extensive interior cabin refurbishment completed in 2017, Honeywell Primus Elite 875 flight deck upgrade, Aircell Axxess Iridium satcom with Satellite AFIS.
Seating for 5 in the main cabin, with chairs finished in tan leather, with coordinating carpeting, headliner, and sidewalls. New carpeting installed in 2015.
New paint and carpet, Precision Plus avionics upgrade, -150 APU upgrade, ADS-B Out Certification, Rockwell Collins Venue system.
Extensive Interior refurbishment completed in July 2015; the luxurious cabin configuration features VVIP seating for 9 passengers and the rear cabin is a dedicated for private sleeping compartment with a full-size bed.
Avfuel Corporation has become the latest service provider to join the RocketRoute MarketPlace, giving their customers the advantages of a fast, convenient way to prepare trips, view pricing and place orders globally.
Textron Aviation Inc. is further simplifying ownership and maintenance for Cessna Citation, Beechcraft King Air and Cessna Caravan customers with its new turn-key, factory-direct maintenance solution: ProMaintenance. Customers enrolled in ProMaintenance will benefit from Textron Aviation facilitating the complete management of scheduled, unscheduled and aircraft on ground (AOG) maintenance events.
TRAXXALL Technologies, providers of an innovative aircraft maintenance tracking and inventory management system, has announced new client Executive AirShare.
World Fuel Services (WFS) has announced that four Skyservice FBOs have joined the Air Elite Network of Diamond Service Locations. The FBOs are located at Toronto Lester B. Pearson Airport (CYYZ), Calgary International Airport (CYYC), Montréal‐Pierre Elliott Trudeau International Airport (CYUL), and Ottawa MacDonald Cartier International Airport (CYOW).
Bombardier has launched the new Smart Services offering, its most competitive cost-per-flight hour service. Developed in direct response to customer feedback, the new Smart Services offering leverages 30 years of the successful Smart Parts program to bring parts replacement cost protection and budget predictability to a whole new level of convenience and return on investment.
Honeywell is growing its ability to unleash the power of the Connected Aircraft by increasing real-time, 24/7 technical support for GoDirect Cabin Connectivity customers at the GoDirect Service Center in Phoenix, Ariz. The new Connectivity Integration Lab joins a network of three others to provide global customers that have purchased connectivity services from Honeywell with around-the-clock assistance with new systems integration, real-time troubleshooting and technical support. Honeywell’s new lab is strategically located in the GoDirect Service Center alongside the network operations and GoDirect Flight Support Services teams to provide business jet operators with easy access to all the customer support they need.
As in-flight connectivity becomes increasingly important, Rockwell Collins is introducing new support tools that enable business aviation operators using Jet ConneX (JX) high-speed internet from Inmarsat to optimize the end-to-end management of the service. Rockwell Collins is a value-added reseller of the JX service as part of its ARINCDirect offering.
Pratt & Whitney Canada (P&WC) has introduced a certified pre-owned program for its in-service fleet of PT6A engines. Through their aircraft dealer, customers of PT6A-powered used aircraft whose engines are certified under the program will be given a P&WC one-year/500-hour first run warranty along with additional benefits, which include options for six months complimentary technical publications, credit toward P&WC's ESP pay-per-hour plan, discounts on maintenance training through FlightSafety International, and more. P&WC is a subsidiary of United Technologies Corp.
Latitude Technologies Corporation is now offering its SkyNode 200 Safety Services SATVOICE (Satcom) system on the PC-24 Super Versatile jet.
Flying Colours has delivered an enhanced carbon-copy of the innovative red, white and black carbon fiber cabin, that was originally designed for a Bombardier Challenger 850 in 2013. The same customer’s pre-owned Bombardier Global Express, left the Canadian company’s Peterborough facility this week, having received an equivalent makeover.
Flying Colours Corp. has redelivered the first Canadian registered aircraft to have the Rockwell Collins network’s Future Airspace Navigation System (FANS) 1/A upgrade installed in combination with Flying Colours ADS-B solution.
Textron Aviation Inc. has announced it has introduced the Garmin G1000 NXi integrated flight deck to the new production of its authoritative Cessna Grand Caravan EX and Cessna Caravan platforms. The company has received Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certification for the Garmin G1000 NXi-equipped Caravan platform, allowing deliveries to commence in the U.S. and Europe.
Canadian companies and communities continue to rely on non-scheduled business aviation to provide essential access and increase productivity, according to the Canadian Business Aviation Association’s (CBAA) 2017 Economic Impact of Business Aviation report.
he National Business Aviation Association (NBAA) this week presented hero-pilot Capt. “Sully” Sullenberger with the association’s American Spirit Award, for speaking out in opposition to the highly controversial concept of air traffic control (ATC) privatization.
Zetta Jet announced last week that Zetta Jet Pte. Ltd and its U.S. subsidiary, Zetta Jet USA, Inc., filed voluntary bankruptcy petitions under Chapter 11 of the U.S. Bankruptcy Code to seek to restructure their debt while continuing normal business operations.
Gulfstream Aerospace Corp. recently marked the five-year anniversary of the Gulfstream G650’s type certification by the Federal Aviation Administration (FAA) with a look back at the aircraft’s esteemed history.
The Canadian Business Aviation Assocoation has changed its convention dates for 2018.
In the wake of several natural disasters throughout the U.S. – including Hurricanes Harvey and Irma, and the wildfires throughout our western states – Avfuel expresses its condolences for those experiencing pain and loss, and commends those FBOs whose operations have been integral for disaster relief.
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Global Air Navigation Industry Symposium
December 11-15, 2017
2018 NBAA Schedulers & Dispatchers Conference
February 6-9, 2018
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