The European Business Aviation Convention and Exhibition (EBACE) ended yesterday, May 16. The annual event is hosted jointly by the European Business Aviation Association (EBAA) and the National Business Aviation Association (NBAA — the premiere organization dedicated the U.S. business aviation industry). EBACE by the numbers: 12,638 attendees 99 countries represented 491 exhibitors 2,280 booth [...]
Two major events happened in the past week in aviation. From the super-huge Boeing Intercontinental to the lightweight, fuel-efficient Volta Volare GT4, advances in aircraft design are certainly moving in opposite directions. Let’s see what each development brings to the world of aviation. After six years of troubleshooting, the Boeing 747-8 Intercontinental was finally delivered [...]
A lot of attention has been given to the ballooning private aviation market in Asia — and rightly so! But what about other parts of the world? For instance, what’s going on in the Middle East? The Middle East and Northern Africa region is one of the fastest growing and most attractive aviation markets in [...]
February’s Singapore Air Show set a new record of more than $31 billion in expected sales, a tripling of estimated contracts from the 2010 event. What was the big takeaway? Aircraft manufacturers are focused on meeting demands of their customers in the expanding Asian markets. Showing off in a big way Large jet manufacturers Boeing [...]
Just a few of the important aviation stories in the news this week. Consistent Improvement in Pre-owned Aircraft Market The numbers keep demonstrating that the private, pre-owned aircraft market is slowly regaining ground. Inventories fell, number of transactions increased and days on market decreased in February 2012. Lasers a Growing Concern Put the laser down. [...]
Industry analysts project $40 billion of private aircraft sales coming from the Asian market over the next 10 years. So what does this increased demand mean for both new and pre-owned aircraft industry? It’s important to note that the current status of the global private aircraft market is not necessarily an indicator of where it’s [...]
Any serious discussion about the future of private aviation has to factor in the explosive growth of Asia’s economic wealth. Asia is expected to contribute $40 billion in private aircraft sales over the next 10 years. China takes center stage China is driving much of the demand for private aircraft. In 2011, the number of [...]
Charles Lindbergh relied on the credit of several St. Louis businessmen to raise the capital for his dream plane, The Spirit of St. Louis, back in 1927.The numbers are much higher now, and most individuals and businesses still finance their aircraft purchases. A few weeks ago, we reported in Corporate Jet Insider about the potential [...]
Flying isn’t just the most convenient and fastest way to travel for business — it’s also the safest. Christine Negroni reports in Executive Travel on safety protocols on airplanes: “From the plane seats to the cabin air to the course and altitude of the flight, every decision in commercial aviation comes after careful consideration of [...]
A recent outcry about Xcel Energy, a leading utility company that operates in eight states, reminded the American public of the day back in November 2008 when the executives of the Big 3 auto companies flew private jets to Washington, D.C., to request an immense taxpayer bailout. Xcel Energy just asked for a $142 million [...]
