Business jet demand defies market turmoil
Demand for used business jets is rising in North America despite recent turmoil in the financial markets, according to a leading trader in new and pre-owned aircraft.
Embraer Legacy 500 Is Ready for Wings
Work is progressing on the prototype of Embraer’s new midsize Legacy 500, and the Brazilian aircraft manufacturer says it is on schedule to fly the $18.4 million twinjet by year-end. The first aircraft will be receiving its wings “imminently,” according to the company, and the three fuselage sections on the second prototype were mated at the end of last month at Embraer’s plant in São José dos Campos.
Piaggio P.180 Avanti II certified in Russia
Piaggio Aero announced at the JetExpo 2011 that its P.180 Avanti II has been certified by the Russian aviation authorities. Both type and production certificates received from the Interstate Aviation Committee (IAC)
Embraer enhances customer support in Russia
Embraer announced at the sixth Russian International Business Aviation Exhibition, JetExpo 2011, a Memorandum of Understanding (MoU) with Jet Aviation Moscow Vnukovo to work on establishing an enhanced maintenance service able to respond 24/7 with certified mechanics, special tools and a readily available on-site spare parts stock. Already approved as Embraer authorised service centre at Vnukovo International Airport since 2009 for line support, Jet Aviation will hold a comprehensive stock of parts consigned by Embraer available for Legacy 600 and Legacy 650 executive jets.
Business jet defenders try to send Obama a message
Leaders of the corporate aircraft industry used a carefully orchestrated rally Wednesday to try to send a message to the White House to stop picking on their customers and give more support to a business they say boosts the economy and U.S. jobs.
BUSINESS JET TRAVEL REBOUNDS AS RICH SPLASH OUT FOR PRIVACY
Private jet travel, shunned in the recession as a sign of ostentation, is recovering in a further sign that the world’s richest people are spending more freely again. The number of business flights – which includes celebrity, state and business hire – grew 5.5 per cent last year, in both European and US airspace, according to figures from Eurocontrol, the air traffic management co-ordinator, and Argos International, an aviation market research company.
Bombardier aircraft sales slip 19 percent
Metro and aircraft maker Bombardier Thursday reported an almost one-fifth drop in its aircraft sales in the fiscal year ending Jan 31 as compared to the last year.
Strong euro hitting aircraft sales Dassault
The strong euro is harming French aircraft maker Dassault Aviation's (AVMD.PA) chances of selling the Rafale combat aircraft abroad, owner Serge Dassault told i-Tele in an interview on Sunday.