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Jetcraft Forecasts Moderate Bizjet Market Growth

Long Island Republic Airport Gets Third FBO

New York-based business aircraft charter, management and maintenance firm Talon Air has ventured into aircraft handling, opening its first FBO at Long Island (N.Y.) Republic Airport this week. This makes it the third service provider on the field. The company has had a presence at the airp...

Eclipse Flies into the Sunshine

You wouldn’t know to look at it from the outside, but there’s a lot going on in Hangar 4 at Chicago Executive Airport (KPWK). This is one of two factory-owned service centers for One Aviation’s Eclipse very light twinjets. In any given 12-month period, nearly 150 of the 282 strong...

FAA Allowing Easy Attitude Indicator Upgrades

In a new policy statement, the FAA announced that electronically driven attitude indicators can directly replace vacuum-driven attitude indicators in aircraft flown under VFR and IFR. The installation can be done as a minor alteration. Under a strict interpretation of the applicable regulations, the previous policy sometimes required installation of an indepen...

NetJets, Pilot Union Near Tentative Labor Agreement

After more than two years of contentious contract negotiations, the NetJets Association of Shared Aircraft Pilots (NJASAP) and NetJets Aviation reached an “agreement in principle” on a new collective bargaining agreement late last week. The parties are now finalizing the negotiated language that will form the tentative agreement, which is expected to be released in the coming days...

Dassault Falcon Service Breaks Ground on Bordeaux-Mérignac Maintenance Facility

Dassault Falcon Service (DFS), a subsidiary of Dassault Aviation, recently began work on a new maintenance facility in Bordeaux-Mérignac to expand its Falcon overhaul capability. Eric Trappier, Dassault Aviation Chairman/CEO and Jean Kayanakis, General Manager, Dassault Falcon Service, were present at the groundbreaking ceremony, which was also attended by a large number of elected offic...

Small plane crashes in Bogota, 5 killed

Five people, including the pilot, were killed Sunday and six others were injured when a small plane crashed into a bakery in the Engativá neighborhood of Bogotá, Colombia, fire officials and the national aviation agency said. The plane, a Beechcraft 60 G-Type flying from Bogotá's El Dorado Airport to the town of Guaymaral, "fell out of the sky" about 4:20 p.m....

Tyrolean Jet Services received G650

The operator added Gulfstream G550 and Bombardier Global Express As BizavNews found out, a Austrian leading business aviation operator Tyrolean Jet Services began operating a new aircraft Gulfstream G650 (OE-IYE). Business Jet will be operated exclusively in the interests of the owner and will not be available for charter flights. In turn, the charter fleet Tyrolean Jet Services repleni...

Pre-owned Gulfstream Market Holds Steady, Report Notes

The pre-owned market for in-production large-cabin Gulftreams is holding steady, though prices on early modelG650s are likely to dip below $60 million over the next 12 months, according to an inaugural Gulfstream quarterly market update report from Hagerty Jet Group. The Savannah, Ga.-based aircraft broker, which specializes in Gulfstreams, completed nine Gulfstream transactions worth $260 million...

JetLease Capital completes CJ2 loan

JetLease Capital has arranged and completed a $2 million loan for a Cessna Citation CJ2 business jet. The jet will be based in the Midwest United States. The transaction was structured as a 7 year term loan, 15 year amortisation, 80% LTV. The client is a high net worth individual/entrepreneur engaged in the real estate industry. JetLease Capital is based at the West Palm Beach Flor...

AltiJet to launch France's first TBM 900 charter service

French business aircraft start-up AltiJet is preparing to launch charter services early next year with the country's first commercially-operated Daher TBM 900. The Strasbourg-based company took delivery of the single-engined turboprop on 7 October and has applied to the French civil aviation authority, the DGAC, for an air operator’s certificate (AOC). “We hope to begin flyin...

GlobeAir signs empty leg deal with JetSmarter

The world’s largest Cessna Citation Mustang operator –Austrian air taxi company GlobeAir – has sold 15,000 empty legs to mobile application-based charter provider JetSmarter in a deal valued at up to $50 million over five years. The agreement will help fund GlobeAir’s ambitious expansion plans – which include adding up to eight more entry-level Mustangs to its...

Argus: North American Bizav Flying Surges in September

Business aviation flight activity last month in North America climbed by 3 percent versus a year ago, according to data released today by aviation services group Argus International. This more than quadrupled the company’s forecast for 0.7-percent growth, prompting its data researchers to dub it the “September surge.” Argus is predicting a 2.7-percent increase in flying this mont...

Pilot Report: Citation M2

Since entering service in 2013, the $4.5 million Citation M2 has garnered a significant share of the light jet market and even of Textron Aviation’s own smaller jet series. The M2 is the newest member of the CitationJet (525) series, and 12 were delivered in 2013, even though certification was not awarded until late that year; during its first full year of production last...

Tankering Benefits Tangible and Achievable

Although jet-fuel prices are lower because of the dramatic drop in the price of oil, operators of airplanes that can carry large loads of fuel, especially the increasingly popular ultra-long-range Globals and Gulfstreams, may benefit from tankering low-cost fuel instead of carrying just the amount of fuel and reserves needed for a particular flight. For many business jet owners, it is precisely th...

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Essential news

Platoon Aviation to build Europe's largest Cessna Citation Longitude fleet

Platoon Aviation signed a purchase agreement with Textron Aviation for multiple Cessna Citation Longitude business jets. With this order, Pl...

Signature Aviation, BETA Technologies, Republic Airways, and Brickyard Connection complete regional electric flight demonstrations across Florida

Signature Aviation, BETA Technologies, Republic Airways Holdings and Brickyard Connection completed three days of high-cadence electric flight demonstrations at Kissimmee Gateway Airport earlier...

Eve completes hover & low‑speed flights block, advancing eVTOL toward transition flight testing

Eve Air Mobility announced the successful closeout of the hover & low‑speed flights block in the flight test campaign of its full‑scale engineering prototype. The completed block generated hi...