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Business Aircraft Financing: Europe’s Changing Landscape

Are you prepared for the opportunities and challenges ahead for business aircraft financing in Europe? As some banks leave the market and non-bank lenders fill the gap, aircraft financiers, attorneys and others involved in aircraft transactions can be ready to respond to changing landscape by hearing from experts at the International Aircraft Transactions Seminar, held on 21 May 2017, prior to the...

Third Gulfstream G600 joins flight-test program

Gulfstream Aerospace Corp. today announced that the third Gulfstream G600 test aircraft successfully completed its first flight. The move comes after the first G600 flight in mid-December 2016. The G600 took off at 8:51 a.m. from Savannah-Hilton Head International Airport on May 5, flying for a total of 4 hours and 35 minutes. “The consistent execution of the G600 flight-test...

Airbus A350-1000 successfully completes fuel test campaign in UK

Airbus’ A350-1000 test aircraft MSN071 has completed fuel system and engine tests in Cardiff, Wales between 3 and 4 May as part of its type certification flight test campaign. Fuel test engineers from Airbus’ site at Filton, Bristol, were on hand to support testing of the fuel systems that were designed in the UK. The objective of the test is to simulate operational conditions in ho...

Jet Aviation completes and redelivers a major refurbishment on a Boeing B737

Jet Aviation recently redelivered a refurbished Boeing B737, which was completed in conjunction with a scheduled C-1 maintenance inspection. The BBJ1 had been out of service for a number of years before it was sold to the owner and subsequently refurbished. The same long-range Boeing Business Jet was also outfitted by Jet Aviation in 1999 – and happens to be the first BBJ Comple...

JETNET Demonstrating New Intelligence Features at EBACE 2017

JETNET, the world leader in aviation market intelligence, will demonstrate a series of new releases and features in their aircraft research service lineup at EBACE 2017 at the Geneva Palexpo in Geneva, Switzerland. Highlights this year include: Aerodex Elite, a new product that combines owner/operator data with the FAA’s Traffic Flow Management System in near real time; a mobile impleme...

Air Partner arranges first ever passenger charter flight to St Helena

Air Partner, the aviation services group, was recently appointed to charter a return flight from Cape Town to St Helena, after the cancellation of two RMS voyages left a number of passengers stranded. The ship that travels between Cape Town and the islands of St Helena and Ascension, the RMS St Helena, is currently out of action while repair work is carried out on her starboard...

With maiden jet flight, China enters dog-fight with Boeing, Airbus

China's home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast skies, the white, green and blue aircraft, with "C919" emblazoned on its tail, touched down at Shanghai's international airport after an...

IATA: First Quarter Ends on Strong Note for Passenger Traffic

The International Air Transport Association (IATA) announced global passenger traffic results for March 2017 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.8%, compared to the same month a year ago. Capacity grew 6.1% and load factor climbed by half a percentage point to 80.4%, which was a record for the month. March demand growth represented a moderate slowdown rel...

Embraer delivers its 1,100th business jet

Embraer delivered its 1,100th business jet. The milestone aircraft is the industry’s best-selling Phenom 300, and the customer is NetJets, the world’s largest private aviation company, with a portfolio of services that includes fractional ownership, jet cards, aircraft management and charter. “Embraer scored the four-digit mark in business jet deliveries in an impressivel...

Is Europe Turning the Corner in Business Aviation?

Presenting the state of the European business aviation industry at its annual press conference, Brandon Mitchener, the new CEO of the European Business Aviation Association (EBAA), said that the sector was showing promising signs of vigour after a few years of flat figures.   “We’ve now had six months of steady growth in traffic numbers and they’re the best since 2011,&rdq...

TAG Aviation’s Farnborough Maintenance Services Now Offers Ramp Aircraft Cleaning and Detailing Services

TAG Aviation's Farnborough Maintenance Services (TFMS) is pleased to announce that it now offers both full Aircraft Cleaning and Detailing Services on the ramp and at its base from its premium location based at Farnborough Airport.   To meet the growing demand from TAG Aviation’s customers and ensure the widest range of servicesramp and at its base from its premium location based...

Mumtalakat invests in FAI Aviation Group

FAI is a leading provider of mission-critical aviation services, based in Germany With 23 aircraft, FAI serves the Insurance- and Assistance-Industry, corporations, Government Agencies and NGOs Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has acquired a significant minority stake in Axtmann Aviation Holding GmbH that operates FAI...