Zürich-based Jet Aviation Group, which provides worldwide business-aviation services, boosted sales by 13% in 1996, helped by acquisitions and new bases in Europe, the Far East and the USA. Jet reported sales of SFr387 million ($313 million) and an 11.5% rise in profits, to SFr10.4 million.
Source: Flight International
US firm Sierra Nevada (SNC) has been awarded a $170 million contract to deliver two Rapcon-X surveillance aircraft to the Finnish Border Guard.
Turkish business jet charter company Air Sapphire has been heavily fined by the US government for flying a Gulfstream GIV to Russia without authorisation.
The Federal Aviation Administration has ordered inspections of the Gulfstream G500 and G600 fleet in response to a “quality escape” involving improperly installed engine-mounting hardware.
