Gulfstream’s China Market Share Continues To Climb April 14, 2017 by AIN Staff, Gulfstream Aerospace will deliver its first B-registered ultra-long-range G650 to a Chinese customer this month, following certification of the G650 and G650ER by the Civil Aviation Administration of China in February. There are already 23 G650s operating in Greater China, according to Roger Sperry, Gulfstream regional senior v-p for international sales in … Continued
Third PC-24 Prototype Makes First Flight March 7, 2017 by Mark Phelps, AIN International The third and final prototype has joined Pilatus’s PC-24 flight test program. Certification is expected in this year’s fourth quarter with first deliveries shortly thereafter. (Photo: Pilatus) Pilatus has announced the first flight of its third prototype PC-24 twinjet. The March 6 maiden voyage of “series-conforming” aircraft P03, registered HB-VSA, … Continued
Second Global 7000 Prototype Joins Flight-test Program March 6, 2017 by Charles Alcock, AIN The second flight-test vehicle (FTV2) for Bombardier’s new Global 7000 program achieved its first flight on Saturday. In a statement issued this morning, the Canadian airframer said that the Global 7000, for which development work was delayed by two years, remains on track to meet its revised entry-into-service target in the … Continued
JetNet: 2017 a Recovery Year for Pre-owned Bizcraft? March 2, 2017 JetNet: 2017 a Recovery Year for Pre-owned Bizcraft? The creeping worldwide recovery has improved prospects for business aicraft sellers, albeit slowly. In its most recent market summary, JetNet analyzed the most recent numbers as “underwhelming,” but expressed hope that 2017 will be the start of a recovery. Last month, the fleet-for-sale percentages were lower than … Continued
Embraer Phenom 300 Once Again the Best-selling Bizjet February 23, 2017 by Chad Trautvetter, AIN – February 23, 2017, 10:58 AMThe Embraer Phenom 300 once again earned the crown as the best-selling business jet, overall, with 63 deliveries logged last year. It beat the number-two seller—the super-midsize Bombardier Challenger 350—by just one shipment. This is the fourth consecutive year that Embraer’s light jet has achieved this … Continued
Bizav Flying Off To a Good Start in 2017, Says Argus February 17, 2017 Business aircraft flight activity in North America got off on the right foot this year, posting a 2 percent year-over-year increase last month, according to TraqPak data released today by Argus International. Its outlook for this month is somewhat pessimistic, predicting a 0.5 percent downturn from a year ago; however, last February had an extra … Continued
Used Bizcraft Pricing Still Soft, but Market Improving February 7, 2017 by Mark Huber, AIN International, February 6, 2017 JetNet reported that pre-owned business jet inventories fell and prices rose modestly in the fourth quarter, with the total number of jets listed for sale falling 1.95 percent, from 2,422 to 2,374, quarter-over-quarter. Meanwhile, the average asking price for business jets increased by 5.07 percent from $4.62 million … Continued
Daher Delivers First 2017 TBM 930 February 1, 2017 by Chad Trautvetter, AIN International Daher has delivered its first 2017 TBM 930 that incorporates new standard equipment and cabin features, the French aircraft manufacturer announced yesterday. This includes a redesigned cabin with new seat cushions, headrests and armrests, as well as seat fairings covered with Ultraleather synthetic fabric for increased longevity. On the flight … Continued
Gulfstream Jet Deliveries Find Bottom in 2016 January 31, 2017 by Chad Trautvetter, AIN International Revenues at General Dynamics’s aerospace division, which includes Jet Aviation and Gulfstream Aerospace, fell 5.5 percent last year, to $8.362 billion, but earnings increased to $1.718 billion, up 0.7 percent from 2015. According to General Dynamics CFO Jason Aiken, revenues and earnings at the division are expected to climb at … Continued