Siegfried Axtman, CEO of FAI Rent a Jet, Germany’s largest business jet operator, says that he anticipates business for the German operator will carry on “as usual” with his British associates, partners and clients, whilst the effect of Brexit is established. The FAI fleet, which consists of 20 Bombardier aircraft, is active in the international charter, leasing and medevac se...
Gogo Business Aviation (NASDAQ: GOGO) has expanded its coverage on the eastern seaboard of North America and in central Canada, providing approximately one hour of additional air-to-ground inflight connectivity in both locations for business aircraft. The expanded coverage on Canada’s east coast is primarily between Halifax, Nova Scotia and Gander, Newfoundland – approximately 450 a...
Airports Council International – European region ( ACI Europe), an association representing Europe’s airports with over 500 airport members in 45 states, has published a statement in the wake of tragic events in Brussels. It summarises experience of European airports in security provision. Moscow Domodedovo Airport - a member of this highly reputable international organiz...
Business aviation has become an integral part of the Farnborough air show fabric since the introduction in 2004 of a business aircraft park – affectionately known as the BAP. This purpose-built arena features a dedicated aircraft static display along with exhibitor chalets for entertaining VIP guests during the seven-day event. “The BAP is an area devoted to business aircraft manufa...
The Paris prosecutor's office on Monday opened a manslaughter investigation into the crash of EgyptAir flight MS804, as the doomed jet's black box memory chips were sent to France for repair. The Airbus went down in the eastern Mediterranean Sea en route from Paris to Cairo on May 19 and all 66 people on board were killed. The cause of the crash remains unknown. "The Paris prose...
Britain’s business aviation industry is bracing for negative fallout from last week’s so-called Brexit vote to leave the European Union (EU). With the exact timeline and terms for the country’s exit still highly uncertain, the first concern among aircraft charter operators seemed to be an immediate decline in demand caused mainly by extreme instability in the financial markets, w...
Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. company, today announced it has delivered the first fractional Cessna Citation Latitude midsize business jet to NetJets, Inc., a Berkshire Hathaway company. Today’s delivery represents significant milestones for both NetJets and the Citation product line. This aircraft represents the 7,000th Citation delivere...
The first regional jet produced in China's initiative to compete in the commercial aircraft market made its debut flight on Tuesday carrying 70 passengers. The ARJ21-700 jet is one of a series of initiatives launched by the ruling Communist Party to transform China from the world's low-cost factory into a creator of profitable technology in aviation, clean energy and other fields. Th...
A4E has released a new study on the economic impact of Air Traffic Control (ATC) strikes in Europe during its first “CEO Summit on Air Mobility and Prosperity” in Brussel, today. The analysis compiled by PwC reveals that between 2010-15 the overall impact of ATC strikes reduced European UnionGDP up to €9.5 billion (at 2015 prices). Unless the situation is tackled, t...
Lufthansa Cargo and All Nippon Airways (ANA) will extend their successful cooperation on 12 July. As of that date, Lufthansa’s entire European feeder network will be combined with the direct flights of both partners. As a result, customers from all European countries will benefit from access to the joint venture’s strong network. This has only been possible for customers...
Thomson Airways, the first UK airline to fly the new Boeing 787 Dreamliner, celebrated the arrival of its first 787 aircraft at Manchester Airport. The Thomson 787 Dreamliner touched down on British soil for the very first time at 11am, having flown from the Boeing Everett Factory in Seattle. It will be followed with the delivery of a further three Thomson 787 aircraft this summer. The Dream...
Bombardier Commercial Aircraft and Air Canada announced today that they have finalized a firm purchase agreement consistent with the Letter of Intent (LOI) announced in February 2016. The purchase agreement includes a firm order for 45 CS300 aircraft and options for an additional 30 CS300 aircraft. “I’m pleased to officially welcome Air Canada to our CS300 family of operators as one...
Low-cost airline Norwegian has introduced its lowest ever fare from London Gatwick to the US at £135. The new reduced fare is now available on all direct flights to Boston from February 2017 giving travellers seeking a winter city break even more affordable access to the US. Norwegian currently serves eight US cities on its award winning long-haul flights direct from Gatwick with the lowe...
AsBAA, the Asian region’s non-for-profit representative body for business aviation has announced a week of wins for the industry amid its activities in region and globally. These include successful talks with HKIA to expand maintenance capabilities for MRO’s in Hong Kong at remote stands, the hosting of the China Regional Chapter leading to improvements in China, and successful represe...
Global Jet Capital, a provider of financing solutions for large-cabin, long-range business jets, expects demand for business aviation in India to increase as a result of the country’s strong economic growth. Simon Davies, Vice President, Sales – India at Global Jet Capital is currently in India meeting prospective clients who are looking for finance to support potential acquis...
In January, Airbus and Iran Air agreed to a landmark deal for 118 aircraft with a total value rising to as much as $25 billion. One of the most significant parts of the deal is an agreement for 12 A380 superjumbos worth upwards of $5.2 billion at list prices. However, this portion of the deal may be in jeopardy according to Tim Hepher of Reuters. Sources within Iran told the publication t...
Green light from EASA: Supplemental Type Certificate issued In October of this year, the first Lufthansa short- and medium-haul aircraft will take off with broadband internet on board. Lufthansa’s entire A320 family fleet is expected to have the innovative technology installed by mid-2018. One key milestone has already been reached: Lufthansa Technik is the first MRO company in Europe to...
Global technology leader Lockheed Martin announced the signing of a Memorandum of Understanding with the UAE Space Agency to launch a comprehensive dual-track space training program for students and early career professionals in space fundamentals. In line with the UAE’s national vision, the program was developed as part of Lockheed Martin’s growing collaboration with the...
Qatar Airways announces that it will be showcasing two luxurious aircraft from its Qatar Executive fleet at the Farnborough International Airshow in the United Kingdom, which takes place this year from 11 to 17 July. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said, “Qatar Airways is delighted to be participating once again in this year’s Farnborough Inte...
West Africa, particularly Nigeria, are emerging as business aviation growth markets as the region continues to develop industries based on its natural resources, according to the Middle East's only African-owned aviation company. Promise Uzoamaka, Chairman of Sharjah-headquartered Amaka, which focusses on sales, acquisitions and business aviation consulting, says he envisions higher d...
Aeroflot held its Annual General Meeting of shareholders (AGM). Aeroflot shareholders elected the new composition of the Board of Directors and adopted decisions on the other agenda items. The AGM approved a motion not to declare and not to pay a dividend on ordinary shares of PJSCAeroflot for the 2015 financial year. The resolution followed the recommendation of Aeroflot’s...
