Swiss aircraft manufacturer Pilatus Aircraft is considering listing its shares in an initial public offering next year which could value the firm at around 3 billion Swiss francs ($2.95 billion), according to two sources familiar with the matter. Plans are at an early stage with Pilatus talking to bankers, although no institutions have yet been appointed to work on the flotation which...
The International Air Transport Association (IATA) announced that it expects the global airline industry to make a net profit in 2017 of $29.8 billion. On forecast total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in the industry’s history) in which airlines will make a return on invested capital (7.9%) which...
Jet Aviation unveils a new corporate logo and branding initiative as part of the company’s 50th jubilee anniversary celebrations next year. The new corporate logo retains the color elements of the company’s current mark, while introducing a more modern design. The branding initiative also features a stand-alone emblem that replaces the deer-head symbol. Amongst other celebratory...
TAG Aviation Europe is pleased to announce that seventeen new clients have chosen to place twenty aircraft under its comprehensive range of aircraft management services during the past year. TAG Aviation will operate the newly managed aircraft on behalf of the private owners which range from single engine turbo prop aircraft to VIP airliners. Six of these managed aircraft in total wil...
TAG Aviation’s Maintenance Services’ Mobile Repair Team (MRT) has witnessed a significant rise in critical response activities since the unique MRT network in Western Europe was launched just over a year ago. TAG’s dedicated MRT experts can be dispatched to provide AOG support from any one of its eight European Maintenance Services Centres within hours of any reported issu...
AMAC Aerospace has announced that several contracts with new and existing customers for maintenance packages on Airbus A318, A319, Boeing BBJ and Gulfstream G550 have been awarded to the facility in Basel, Switzerland. The company also announced the return to service of three aircraft after a heavy maintenance input at AMAC’s headquarters in Basel. A privately owned BBJ from a Midd...
TAG Aviation Maintenance Services Europe has completed its first 120-month inspection on a Global Express aircraft. The 120-month inspection project - which was completed in August and has been carried out at TAG Farnborough’s Maintenance Services Centre - included a full strip and repaint of the aircraft’s livery, a SwiftBroadband upgrade and a cabin refurbishment which was unde...
Jet Aviation’s Maintenance Center in Basel recently signed an agreement with an undisclosed customer that will have the company perform its 10th C-Check on a Dassault Falcon F7X. Jet Aviation completed its first C-Check on this aircraft type in April 2015. As a Dassault Falcon Authorized Service Center, Jet Aviation’s Maintenance Center in Basel is quickly gaining exp...
Right after NBAA we had a great chance to talk to Stefano Costi, the Managing Director of Jet Scout, new innovative web booking platform. It is always better to get direct answers to direct questions to know each other better. Q.: Stefano! Your opinion regarding NBAA 2016, how was it this year ? A.: Like every year I felt a sort of optimism. However, the future will show if it was...
Zetta Jet has signed service agreements with Jet Aviation to ensure seamless maintenance (MRO) and handling (FBO) services for the Zetta Jet fleet throughout Jet Aviation’s global MRO and FBO network. As the largest and fastest growing private charter company in Asia, Zetta Jet operates a fleet of more than 20 business aircraft based across the Pacific Rim as well as in Burbank,...
Global sales of Pilatus PC-12 NG grow over 20 percent in 2016, outpacing all other turbine-powered business aircraft. At last year’s NBAA's Business Aviation Convention & Exhibition in Las Vegas, Pilatus unveiled the latest update to its popular PC-12 NG single engine turboprop aircraft. New features in the 2016 PC-12 NG increased cruise speed to 285 KTAS, reduced cabin noise l...
A US premier at this year's NBAA's Business Aviation Convention & Exhibition (NBAA-BACE) in Orlando: the first-ever presentation of the PC-24 prototype to a US audience at the Pilatus outdoor stand. The PC-24 development program is progressing to plan and Pilatus expects its new business jet to exceed previously published performance data! Visitors to NBAA-BACE 2016 can look forwar...
