Usglobaljetsacc Discussion Threads

[lbo] 27/3/2010 21:37

JetBird cancels deal for 50 corporate jets



DUBLIN-BASED executive jet airline JetBird has cancelled its contract with Brazilian manufacturer Embraer for 50 Phenom 100 very light jets

[grupo guitarlumber] 11/2/2009 08:04

BAE Executive: India May Buy 57 More Hawk Trainer Jets





BANGALORE -(Dow Jones)- BAE Systems PLC (BAESY) Wednesday said that the Indian government may order 57 more Hawk trainer jets for its navy and air force.

"Negotiations have started on a follow-on buying of the Hawk, which will be for 57 aircraft, of which 17 will be for the Indian Navy and the remainder for the Indian Air Force," Julian Scopes, president of BAE Systems India, told Dow Jones Newswires at the Aero India 2009 exhibition.

Earlier in the day, a senior Indian defense ministry official said the federal government is likely to order up to 100 Hawk jets.

India had ordered 66 Hawk jets in 2004 for $1.45 billion for its air force. Twenty-four aircraft were ordered in flyaway condition, of which 12 have been delivered. The remainder will be produced by India's state-run Hindustan Aeronautics Ltd. under license from BAE.

-By Rumman Ahmed, Dow Jones Newswires: [phone]; [e-mail]

[lbo] 24/7/2008 14:28

Irish air taxi firm targets 100 planes. Are they mad!

[lbo] 29/5/2008 13:49

Private jet sales soar sky-high. For how long?

The credit crunch, market jitters, a global banking crisis - it seems all are of no concern to the super rich, who are busy buying luxury aircraft in greater numbers than ever

[waldron] 21/10/2007 07:35

From The Sunday TimesOctober 21, 2007

Private jet sales breaking barrierDominic O'Connell
THE private-jet boom is soaring to new heights with Honeywell, the American aerospace group that is a key supplier, saying orders are up 100% and forecasting record sales for the next decade.

"Industry growth has moved into unparalleled territory," said Rob Wilson, president of business and general aviation at Honeywell Aerospace, which makes engines and avionics for business jets. He expects deliveries of business jets to exceed 1,000 this year for the first time, up from 861 aircraft delivered last year.

Manufacturers in the first half of this year achieved more than 900 orders, 100% up on the same period last year, and Honeywell forecasts that 14,000 aircraft � equivalent to the world's entire fleet today � will be delivered in the next decade. That market will be worth $233 billion (£114 billion).

Such is the demand for large, long-range jets like the Dassault Falcon 7X and Bombardier Global Express that there are delays of up to six years for delivery.

Related Links
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Sources in London said that delivery positions on top-of-the-range jets were being sold for $6m. "For the people who want one of these aircraft in a hurry, that's not a lot of money," said an aircraft broker.

Honeywell reported a solid base of demand from fractional ownership companies like NetJets, but said its total share of sales would fall because of high demand from traditional business operators and start-up air-taxi firms.

[waldron] 18/10/2007 15:45

now i remember the volcan, very impressive

also the gloster javelin

both seen as a kid in the Cotswolds.


remember the yanks with their Bombers and Helicopters pulling out en masse,and flying off to Germany.

[ariane] 24/9/2007 18:07

Berkshire Hathaway I Dassault wins order for nine more Falcon 7X from NetJets; backlog exceeds 170


PARIS (Thomson Financial) - Dassault Aviation has won an order for an
additional nine Falcon 7X business aircraft from NetJets Europe, taking the
total order to 33 aircraft.
Fractional ownership operator NetJets Europe, part of Warren Buffet's
Berkshire Hathaway Inc, will start to receive the aircraft from the second
quarter of 2008, Dassault said.
The French aircraft manufacturer said its order backlog for the 7X has now
passed 170 aircraft.
[e-mail]
hem/jlc

[ariane] 24/9/2007 16:52

Eclipse Light jet market worth 18.4 bln usd to 2016, may take hit from financial chaos


LONDON (Thomson Financial) - The global market for very light jets (VLJs) is
expected to be worth about 18.4 bln usd between 2007-2016, although evidence is
emerging that the current financial turbulence may soon affect the sector, a
study showed.
A total of 7,650 very light jets (VLJs) will be delivered between 2007 and
2016, according to the second edition of PMI-Media's survey The Very Light Jet
Market 2007-2016: A Critical Analysis of Trends, Challenges and Solutions.
Orders for VLJs currently stand at more than 4,010 aircraft and established
manufacturers such as Textron Inc unit Cessna, Diamond and Embraer are beginning
to record consistent increases in demand, the report showed.
"We are predicting 2007 deliveries of VLJs to be around the 200 mark, up
from our 2006 forecast of 175," said PMI Media editorial director Philip
Butterworth-Hayes.
"In the first half of 2007, 31 Cessna Mustangs and Eclipse 500s were
delivered, so the second half of the year should see a steep ramp up in
production activity."
However, there is some anecdotal evidence that the current volatility in
global economic markets might soon impact the VLJ and wider business jet
sectors, PMI said.
The suitability of new aircraft types to the robust demands of the air taxi
market and the consequence of continuing production delays - which make accurate
forecasting highly complex - is also causing uncertainty.
"This latest forecast reflects some of the most recent trends applying
contradictory forces on the market," Butterworth-Hayes said.
PMI Media issues forecast updates every two months, based on interviews with
aircraft operators, manufacturers and other VLJ industry stakeholders.
[e-mail]
paw/jlc

[lbo] 13/8/2007 12:07

Little Jets, Big Problems

[lbo] 12/8/2007 16:46

Thought you might like this magazine! If your looking to invest in the booming sector, have a look at EBJ and AIP.

[waldron] 04/8/2007 10:40

Flying saucers go into production

A flying saucer that glides three metres off the ground and carries two passengers has gone into commercial production.

US company Moller International has begun to manufacture parts for its Jetsons-like personal flying pod, the M200G Volantor.



The M200G is the size of a small car and is designed to take off and land vertically, reports Sky News.

Company founder Dr Moller calls the craft "the ultimate off-road vehicle" as it is able to travel over any surface.

"It's not a hovercraft, although its operation is just as easy," said the aeronautical engineering boffin.

"You can speed over rocks, swampland, fences, or log-infested waterways with ease because you're not limited by the surface."

The flying saucer is designed to fly at an altitude of up to three metres, where it benefits from extra lift created by a cushion of air - known as ground effect.

This allows the M200G to glide over terrain at 50mph, powered by eight of the Company's Rotapower rotary engines.

Moller International has not arranged for training or licensing requirements to operate the vehicle.

But it is prepared to offer demonstration sessions at its California base once the vehicle is ready for market.

The company has said the price for its M200G could start as low as £44,340 depending on the number ordered.

[lbo] 25/7/2007 15:44

You can bid for an Eclipse online!

[grupo guitarlumber] 28/5/2007 17:03

Finmeccanica Spa Finmeccanica to win Italy govt order for 14 trainer aircraft - junior minister


MILAN (Thomson Financial) - Italy's armed forces intend to acquire 14 M-346
advanced fighter trainer aircraft from Finmeccanica SpA unit Alenia Aermacchi,
said defence under-secretary Lorenzo Forcieri.
Speaking at the margins of a conference, Forcieri said: "The defence
ministry has written in the last few days to the economic development minister
about the request for 14 planes."

[e-mail]
nt/abr

[ariane] 22/5/2007 06:48

Private air travel goes full throttle
By Kevin Done, Aerospace Correspondent

Published: May 22 2007 03:00 | Last updated: May 22 2007 03:00

The popularity of executive jets has never been stronger, with demand at a record level driven by strong economic growth, rising corporate profits and the soaring bonuses of high earners in particular in the financial sector.

The business jetmakers are reporting full order books, and would-be buyers of the most sought-after aircraft face a wait of at least a couple of years to take delivery. Wider access to business aviation is being opened up by the development of so-called very light jets with operators emerging to pioneer new business models for air taxi services.

The corporate aviation industry is also spreading its wings. The majority of the world fleet is still located in North America, but the picture is changing quickly with some North American business jet makers reporting that up to 60 per cent of their new orders are coming from markets other than the US and Canada.

Demand is growing strongly in Europe, in particular in Russia, and in the Middle East and Asia. Deliveries of private jets rose by 18 per cent worldwide last year - exceeding the previous peak of 2001, which was reached before the global aviation sector plunged into several years of recession.

Bombardier of Canada, the largest business jet maker measured by the value of deliveries, issued a confident 10-year market forecast earlier this month, which suggested that corporate aircraft makers could deliver an average of 995 business jets a year in the decade from 2007 to 2016, excluding the newly emerging segment for very light jets, a big increase from the average deliveries of 572 a year in the period of from 1997 to 2006.

The industry reached a peak of 885 business jet deliveries last year, according to figures from the General Aviation Manufacturers Association (Gama) of the US. The study forecasts industry deliveries worldwide of 9,950 business jets in the coming decade with a list price value of $227bn.

Pierre Gabriel Côté, president of Bombardier business aircraft, says the Canadian group had recently extended its forecast for rising annual deliveries by at least 12 months to a peak in 2009-10.

"We see deliveries peaking in about two years and then a soft landing," says Mr Côté. "Coming out of the last recession, it was the international markets that turned up first, which was a surprise, and that upturn has been sustained, which has also been a surprise."

In three years, international markets outside North America have grown from accounting for 40 per cent of Bombardier's new business jet orders to 60 per cent. A similar development is under way, although it is not quite so advanced, at its US rivals Cessna, Gulfstream and Hawker Beechcraft (formerly Raytheon Aircraft).

Charles Edelstenne, Dassault Aviation chief executive, says that the French group's sales have also been driven in particular by demand outside North America.

"The US market has not weakened, other markets have gained strength," he says. Growth has been particularly strong in Europe, the Middle East, Brazil and India. The share of the US market in new orders for Falcon jets has fallen from the traditional level of 60 to only 40 per cent, with Europe playing a growing role. Dassault, which had a total order backlog of 300 business jets at the end of December, says it expects to deliver more than 80 aircraft in 2007, up from 61 last year and 51 in 2005. The volume of deliveries is expected to increase further in 2008.

The value of deliveries of all general aviation aircraft worldwide - including jets, turboprops and piston aircraft - rose by 24 per cent to a record $18.8bn last year, with business jets alone accounting for $16.6bn.

"Worldwide economic growth, a strong export market and increased use of general aviation for both business and personal use all played a part," says John Grisik, Gama chairman.

NetJets Europe, the leading operator of business jets in Europe, increased the number of flights it operated last year by 33 per cent to more than 62,000. It is planning to take delivery of 24 more aircraft this year, taking its fleet to more than 135 by the end of the year.

Manufacturers are continuing to fill their order books, says Mr Grisik, and he forecasts "another robust year in 2007 and beyond".

Wider access to business aviation is being opened up by the development of so-called very light jets and operators are pioneering new business models for air taxi services. Eclipse Aviation in the US delivered its first Eclipse 500 very light jet earlier this year, despite problems and delays it has faced in achieving certification from the US aviation authorities. The Eclipse has four passenger seats and is priced at about $1.5m, a third of the price of previous bottom-of-the-range jets.

A niche is also emerging at the very top of the private aviation market.

John Leahy, chief commercial officer of Airbus, says the company has signed a letter of intent with an undisclosed customer to supply a VIP version of its A380 superjumbo, the biggest passenger jet ever built, which in commercial configuration can seat up to 853. It has been dubbed the "Flying Palace" by Airbus. Fully equipped, such an aircraft would cost several hundred million dollars.

The use of business jets is growing as they become more acceptable to corporations as tools for driving executive productivity and also become more sought-after as a way of saving time and avoiding the hassle of using commercial flights from large hub airports.

For private and leisure use the big growth in customer numbers is coming from jet card members, fuelled in part by the size of bonus payments in the financial services sector, where customers simply buy a number of flight hours a year, usually a minimum of 25 hours. By contrast, fractional owners buy or lease part of an aircraft, with the smallest fraction of one-sixteenth for 50 flight hours a year.

The industry was led last year, measured by value of sales, by Canada's Bombardier, which is relying heavily on its corporate jets to offset falling sales of its regional jets to commercial airlines. Bombardier delivered 213 corporate jets with a value of $4.8bn, ahead of Gulfstream with 113 jets valued at $4.1bn. Cessna delivered 1,239 general aviation aircraft with a value of $3.2bn, while Dassault delivered 61 jets with a value of $1.77bn, according to Gama.

New forces are emerging with big ambitions in the business jet sector - led most notably by Embraer, the Brazilian aircraft maker, which has set its sights on breaking into the established ranks of the world's leading corporate jetmakers.

In the past 10 years it has already become the world's leading maker of regional jets - commercial aircraft up to 100 seats - overtaking Bombardier, and it is now developing an ambitious strategy for capturing a significant share of the corporate jet market during the next decade.

Embraer's first foray into business aircraft focused on its Legacy 600, a super mid-size 16-seat business jet derived from its E145 regional jet. It is making another incursion into the top end of the market with the recent launch of the Lineage 1000 in the ultra-large category, which is expected to enter service in the second half of 2008.

Embraer's biggest gamble to date in rolling out its corporate jet strategy is the development of an all-new family of aircraft at the bottom end of the market, as it seeks to be one of the leaders in the newly emerging market segment for very light jets.

Deliveries of the four-seat Phenom 100 very light jet are due to begin in mid-2008 with production of 15-20 aircraft planned by the end of that year. Deliveries of the 9-seat Phenom 300 light jet should start in the second half of 2009 with combined production forecast to total 120-150 aircraft.

The Brazilian group's attempt to build a presence in very light jets has been given significant support by JetBird, a Dublin-basedstart-up, that is planning to introduce one of the first pan-European air taxi services starting in April 2009.

[waldron] 01/5/2007 17:22

Published: 18:15 01.05.2007 GMT+2 /HUGIN /Source: Bombardier /SWX: BOMB /ISIN:

CORRECTION FROM SOURCE: Bombardier Aerospace Releases Annual Aircraft Market Forecasts


Correction to the release sent out at 4 AM this morning. In the first subhead, the first line should have read as follows : ...."Corporate Aircraft Market Forecast predicts 9,950 deliveries (...) from 2007 to 2016 ....". The corrected and complete version follows:

BELFAST, NORTHERN IRELAND -- (MARKET WIRE) -- May 01, 2007 -- - 10-year baseline Corporate Aircraft Market Forecast predicts 9,950 deliveries, excluding very light jet segment, from 2007 to 2016 representing market-wide revenues of $227 billion US

- 20-year Commercial Aircraft Market Forecast calls for 11,200 new deliveries in 20- to 149-seat market, worth $393 billion US

Today, Bombardier Aerospace released its annual aircraft market forecasts for the business and commercial aircraft markets.

Overall demand for aircraft in the segments in which Bombardier competes will remain strong. As well, there is a geographic shift towards international markets and a structural shift towards more cost-effective aircraft. Bombardier's key product families - business jets and regional aircraft - are expected to continue to generate strong interest across all markets.

"With its comprehensive portfolios of innovative business and regional aircraft, with its state-of-the-art technologies and focus on customer services, Bombardier is well-positioned for continued success," said Michael McAdoo, Vice-President, Strategy and Business Development, Bombardier Aerospace.

Business Aircraft Market Forecast

In the 10-year period from 2007 to 2016, Bombardier's Business Aircraft Market Forecast predicts that corporate aircraft manufacturers will deliver approximately 995 business jets annually, excluding the very light jet segment, a substantial increase from the industry average of over 572 business jet deliveries annually during the 1997 to 2006 period.

The total forecasted 9,950 deliveries over the 10-year period represent revenues of approximately $227 billion US for the industry.

The growth in business jet deliveries is expected to continue over the next four years, continuing to improve on the record set in 2006, then remain strong for the following six years. Based on the industry's continued robust order intake and manufacturers' solid backlogs, Bombardier believes the business aircraft industry will reach this plateau two years later than it had forecasted previously.

Bombardier's forecast also indicates that primary market drivers continue to be positive or stable. These include manufacturers' current average order backlog of approximately 24 months; a sustained U.S. gross domestic product growth is expected to remain at close to three per cent for the next 10 years; strong order intake from international markets, now representing approximately 50 per cent of the total market, and a number of new aircraft programs scheduled to enter service over the next two years.

Commercial Aircraft Market Forecast

According to Bombardier's Commercial Aircraft Market Forecast, demand for 20- to 149-seat commercial aircraft is expected to reach approximately 11,200 new aircraft in the 20-year period ranging from 2007 to 2026, an increase in demand from last year's forecast. Forecasted demand is valued at approximately $393 billion U.S. based on manufacturers' aircraft list prices.

Airline capacity is expected to double over the next 20 years. The trend towards larger aircraft, coupled with sustained higher fuel prices, will reinforce operators' requirement for modern aircraft with low operating costs.

The forecast reflects this shift in demand to larger commercial aircraft:

- In the 20- to 59-seat aircraft segment: the forecast expects a demand of approximately 1,000 aircraft;

- In the 60- to 99-seat aircraft segment: demand is expected to reach approximately 4,300 aircraft;

- In the 100- to 149-seat aircraft segment: the forecast predicts a demand for approximately 5,900 aircraft.

The CRJ Series and Q-Series families of airliners have enabled Bombardier to be an active player, and to continue to take advantage of growth opportunities, in the regional aircraft market. Its larger cost-efficient CRJ700/CRJ900 regional jets and the Q400 turboprop are the backbone of many airline fleets worldwide. The newly launched CRJ1000, which will seat up to 100 passengers, combines the proven platform, reliability and flexible cabin configurations of its predecessors with its closest competitor having up to 15 per cent higher trip cash operating costs.

In order to address the 100-149-seat segment, Bombardier continues to refine its CSeries aircraft business plan, including optimizing the aircraft configuration to meet customers' requirements for a more economical, flexible and passenger-oriented airliner. If launched, the target date for entry into service is 2013.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.

Bombardier, Learjet, Challenger, Global, Flexjet, Skyjet, Skyjet International, CRJ, Q-Series, CRJ700, CRJ900, CRJ1000, Q400 and CSeries are trademarks of Bombardier Inc. or its subsidiaries.

Note to editors: A PowerPoint presentation on the Bombardier Aerospace annual market forecasts for the business and commercial aircraft markets is available on the internet at the following address: www.bombardier.com