All articles by Kate Sarsfield – Page 51
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Gama finalises acquisition of Jersey's Aviation Beauport
Gama Aviation has finalised its acquisition of business aviation services provider Aviation Beauport, following approval from the Jersey competition authority on 17 February.
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Large-cabin business jet squeeze hits values
Throughout 2015, the large-cabin, long-range sector, showed some serious signs of weakness in light of an emerging markets slowdown and reduced demand from oil-producing countries, according to Flightglobal’s Ascend consultancy. This triggered a slump in the residual values of many established models in this niche, it says.
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Metal Master installs FJ33 engine in LAR-1 personal jet
Polish engineering company Metal Master has installed the Williams International FJ33-5A turbofan in the first conforming Flaris LAR-1 personal jet, and is preparing the five-seat single for engine ground runs this quarter.
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CareFlight receives Australia's first air ambulance-configured 400XTi
Nextant Aerospace has delivered the first air ambulance-configured 400XTi into the Australian market, with the handover in early February of the light business jet to emergency medical services (EMS) charity CareFlight.
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Mooney unveils flagship M20V Acclaim Ultra
Mooney International has unveiled a redesigned and upgraded version of its flagship M20 Acclaim piston single. The launch of the $780,000, high-performance aircraft marks the first major upgrade for the Kerrville, Texas-based company since its acquisition in 2013 by China's Meijing Group.
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GAMA: Midsize newcomers bolster 2015 industry shipments
The business and general aviation market remained flat in 2015 with the revival of the midsize business jet sector -driven by the introduction of a plethora of new designs - one of the few bright spots during the 12 months.
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HondaJet shortlisted for 2015 Collier Trophy
Honda Aircraft’s HA-420 HondaJet has been nominated by the US National Aeronautic Association for the 2015 Robert J Collier Trophy.
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ExecuJet makes foray into Indian business aviation market
Swiss business aviation services provider ExecuJet Aviation is to enter the Indian market after receiving permission to build a fixed-based operation (FBO) and maintenance, repair and overhaul facility at New Delhi's Indira Gandhi International airport.
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Associated Air Center delivers first head-of-state BBJ 787-8
US VIP completions and engineering company Associated Air Center (AAC) has delivered the first Boeing BBJ 787-8 to be configured for head-of-state operations.
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Rise mulls European move as US demand grows
US membership-based operator Rise is evaluating the European market, with a view to launching a modified version of its scheduled business aircraft service on the continent.
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Global Jet Capital grows with GE portfolio acquisition
Global Jet Capital has completed its acquisition of GE’s fixed-wing corporate aircraft financing portfolio in the Americas.
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Jackie Chan receives China's first Legacy 500
Embraer has delivered the first China-based Legacy 500 to brand ambassador Jackie Chan.
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SINGAPORE: Dornier Seastar set for Singapore relaunch
Dornier Seawings is to relaunch its Seastar amphibian at the Singapore airshow this month – 25 years after the programme was halted – and has selected Diamond Aircraft Industries (Canada) to manufacture the twin-engined turboprop's all-composite airframe.
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Deliveries and profits up at Textron Aviation
Textron’s Aviation division recorded a surge in profits and deliveries in 2015 thanks largest to the entry into service of Cessna’s eagerly anticipated Citation Latitude business jet and an uptick in deliveries, mainly in the US, of its Beechcraft King Air twin-engined turboprop family.
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G650 demand boosts Gulfstream's performance in 2015
Gulfstream recorded a robust performance last year on the back of continued strong demand for its G650/ER, output of which will rise again in 2016.
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Textron Aviation adds Able to its stable
Textron Aviation has beefed up its global aftermarket support offering with the acquisition of Mesa, Arizona-based Able Engineering & Component Service, along with sister company Able Aerospace.
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XTI Aircraft opens shareholder funding window for TriFan 600
US start-up XTI Aircraft has opened a 30-day window for investors looking to secure a stake in its TriFan 600 vertical take-off and landing business aircraft.
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Global air ambulance demand spurs profits at FAI
Soaring global demand for air ambulance services in 2015 helped German business aircraft services provider FAI rent-a-jet to record profitability.
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GE Aviation selects Prague, Czech Republic as location for turboprop "centre of excellence"
GE Aviation has confirmed it will build its new advanced turboprop (ATP) engine family at a new facility it will build on its site in Prague, in the Czech Republic.
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Setouchi sells 12.5% stake in Quest Aircraft to Japan's Mitsui
Quest Aircraft parent Setouchi Holdings has sold a 12.5% stake in the Kodiak single-engined turboprop manufacturer to fellow Japanese company Mitsui.