Private jets take flight
The Middle East Business Aviation Association (MEBAA) and show organisers F&E Aerospace have again proved the resilience of the Middle East's business aviation industry with their corporate jet extravaganza in Dubai.
Private jet market eyes Middle East for growth
Top industry executives said that the Middle East would be a key focus as business aviation makes a comeback after a rocky two years of economic downturn. “From a dollars point of view, our focus really is about the Middle East,” Stephen Taylor, president of Boeing’s business jet operation, told Arabian Business.
New Honda Business Jet Makes First Flight
Honda Motor Co. says the first FAA-conforming version of the small business jet it has been working on for years made its first flight. The plane, called the HondaJet, flew from the company’s Honda Aircraft Co. operation at Piedmont Triad International Airport in Greensboro, N.C.
New business jet - Embraer Legacy 650
Looking ahead to an economic recovery, and to fulfilling its stated intention to become a major player in the business aviation industry, Embraer provided one of the surprises at the NBAA Convention last month by introducing a new business jet – the large-cabin Legacy 650.
Bombardier Logs Orders for Seven Business Jets
Bombardier Aerospace today announced that it received firm orders for five midsize Learjet 85 and two large cabin Challenger 605 jets, from multiple companies of the same group, for principal operation in Germany by Munich-based Jet Air Flug. The total value of the order is approximately $155 million US, based on the 2010 list price for typically equipped aircraft.
Sikorsky Forms a Team to Develop the X2 Raider Armed Scout Helicopter
Sikorsky has launched the development of a prototype light tactical helicopter based on the X2 rigid coaxial rotor technology designated S-97, and named 'Raider X-2'. The company plans to produce two prototypes and fly them toward 2014, in time for a future request for proposals (RfP) for an Army Armed Aerial Scout. The new design is larger than the X2 demonstrator aircraft that recently achieved 250 knots. The development will prove the military application of the rigid, coaxial rotor configuration.
Dassault expands further into business jet market
In keeping with the expected ascension of China's business aviation market, Dassault Falcon Jet Corp launched a new sales and marketing office in Beijing Tuesday. Dassault Falcon is targeting big corporate clients and expecting annual sales of $1 billion over the next five years, equivalent to 10 aircraft a year, company CEO, John Rosanvallon, said at a press conference Tuesday.
Cessna, Bombardier Targets Mideast With Business Jets
Cessna, the Textron Inc. unit that makes the world’s fastest business jet, said the Middle East is set to be among the first markets to recover as customers from Iraq, Egypt and Saudi Arabia order more aircraft.
Airbus looks to corporate jet business
Airbus, the European aircraft manufacturer, expects to keep corporate jet delivery at record levels in the coming years as it sees sustained demand in the Middle East. The company will deliver 16 corporate jets this year while adding new operators to its list of clients.
Business aviation grows as commercial travel costs increase
Business aviation stands to grow as travelers grow wary of time-consuming safety procedures at commercial airports and as the costs of traveling commercially continues to rise.
“People are migrating to business aviation,” Stephen Jones, general manager at Abu Dhabi’s Al Bateen Executive Airport, said in an interview with Arabian Business.