Teal: Bizav Market To Return to Peak Levels in 2021 October 25, 2017 AIN International Aerospace and defense market intelligence and analysis firm Teal Group, in its latest industry forecast, is calling for business aircraft deliveries to return to 2008 peak levels in 2021. However, it predicts deliveries will be down 2.3 percent this year, followed by “modest” market growth through the end of this decade. Overall, Teal … Continued
GULFSTREAM G650ER October 17, 2017 MARK HUBER Business Jet Traveler OCTOBER 2017 Since its introduction in 2012, the long-haul, large-cabin Gulfstream G650 has quickly become a popular ride for the world’s elite. More than 200 were delivered during its first four years of production to corporations including ExxonMobil, Bank of America, and Walmart; global potentates from Saudi Arabia, Jordan, … Continued
Bizav Flight Activity in Europe Continues Ascent October 17, 2017 by Chad Trautvetter – October 17, 2017, AIN International Business aircraft departures in Europe climbed 2.9 percent year-over-year, to 79,280, last month, according to data from WingX Advance. Year-to-date, flight activity in the region is up 3.6 percent from a year ago. All of the leading markets saw gains; Germany, the UK and Italy logged “modest” increases … Continued
Business Flying Continues Growth in September October 17, 2017 by Mark Huber– October 9, 2017, AIN International Business aircraft flight activity in North America continued on its trend of healthy increases last month, according to the latest TraqPak data from Argus International. Compared with the year-ago period, activity increased 5.2 percent, the second straight month of at least 5 percent growth. This month, the company … Continued
Bombardier Adds Fourth Global 7000 to Test Program October 5, 2017 AIN International Bombardier’s Global 7000 flight-test program has expanded to four aircraft with the first flight of FTV4 on Thursday. The flight of the fourth aircraft occurred less than a year after the flight-test program kicked off with the Nov. 4, 2016, flight of flight-test vehicle 1 (FTV1). FTV2 joined the program on March 4, … Continued
Young Used Bizjet Inventory Falls To Pre-crisis Levels October 5, 2017 AIN International Available preowned business jet inventory last month was 7 percent lower year-over-year and now represent 10.3 percent of the installed base, the lowest since before the financial crisis, according to data from UBS Global Research. At 5 percent of installed base, inventory of zero- to five-year-old preowned business jets fell 4 percent sequentially … Continued
Bizav Boosts Bottom Line, Nexa Reports October 5, 2017 AIN International Use of business aviation is a hallmark of well-managed, admired and profitable American enterprises, and these firms outperform those that don’t use business aircraft, a new study of S&P 500 companies by Nexa Advisors finds. The study, “Business Aviation and Top Performing Companies, 2017,” covers the years 2012 to 2016 inclusive and builds … Continued
Five Years On, G650 Still ‘Top of Market’ Bizjet October 5, 2017 More than 250 Gulfstream G650/650ERs have been delivered globally since the the G650 achieved FAA type certification five years ago, the Savannah, Georgia-based company said yesterday. When the ultra-long-range, wide-cabin business jet was launched in March 2008, it had one of business aviation’s most successful product launches, with more than 200 firm orders following the … Continued