Comments Off on BusinessJet News and Notes March 14, 2017

BusinessJet News and Notes March 14, 2017

| Business Aviation | 2017/03/14

I know, I know … The featured image is not the newest aircraft anymore … I just thought it was nice picture of an older aircraft. Here is your picture of a newer aircraft …

Dassault Falcon 7X - Wikimedia

Dassault Falcon 7X – Wikimedia

Dassault Says Bizav Recovery Is Deferred to 2018
Dassault Aviation has always been candid in its market assessments, and does not envision a meaningful recovery in the business aviation market until 2018. Announcing annual results at a Paris press conference on Wednesday, the French manufacturer acknowledged continued downward pressure on aircraft prices. Continue Reading at AINonline.com

Third PC-24 Prototype Makes First Flight

Pilatus PC-24

PC-24

Pilatus has announced the first flight of its third prototype PC-24 twinjet. The March 6 maiden voyage of “series-conforming” aircraft P03, registered HB-VSA, lasted two hours and five minutes, taking off from Buochs Airport in Switzerland. P03, the last prototype, joins its two siblings in the flight-test program, which began in May 2015 when P01 first flew. Certification is expected in the fourth quarter.
Capable of taking off and landing on short runways and unimproved strips, Pilatus says the PC-24 will combine the versatility of a turboprop with the cabin size of a medium-light jet. Its design boasts a cargo door as standard — a first for a business jet — and six color themes created in partnership with BMW Designworks.

February N. America Business Aviation Traffic Gets Boost
Business aircraft traffic in North America rose 1.3% in February, which was one day shorter than the same month a year ago.

Comments Off on Business Jet – The Best Decision For a Big Company

Business Jet – The Best Decision For a Big Company

| Business Aviation | 2013/04/22

Many people like to travel with their friends and relatives – when you are surrounded by people whom you know, it is not so lonely or daunting to be in a new country, and the journey becomes more fun and interesting. But sometimes it is necessary to move around the world with a bigger group: work colleagues or the members of the sports team (if you are playing soccer or basketball).

The worst thing is if you are not only a member of a team but also the person who has to organize a trip. Arranging rooms in a hotel, booking the tickets – all of these things could be complicated as you never know whether there are enough rooms, whether the hotel meets everyone’s needs and whether you can book seats on the same flight.

But even if you made all the bookings successfully, the trip itself is not an easy thing. In big airports it is often impractical to look after all members of your group at the same time. Even grown ups often behave unpredictably – one member of the group decides to buy a morning newspaper, another goes in the opposite direction to find a restroom, a third one can’t fly without having a cup of coffee and a fourth is a fan of the shiny bottles in the duty free shop. Before long half of the group has disappeared at the airport and there is no chance to find them on time. Somebody could even miss the flight.

The best way to solve this problem – to arrange a private jet charter for such trip. It would be a mistake to think that a business jet could carry just a small group of people, not more than 10 or 15. It is possible to find a Boeing Business Jet, for example, to take more than 15 people. As the private charters don’t have some special timetable it will be possible to arrange the time of flight that is convenient for most of the group. Of course, the private jet can’t wait for one person from a big group for half a day, but a small delay won’t become a big problem. As the jet charters can land in small airports the group won’t lose itself in the crowds in a big building.

Written by Polina Medvedeva in association with Quintessential Jets Inc. – Corporate Private Jet Charter Flights Services. Quintessential Jets delivers a new way of experiencing private jet travel by providing personal, exclusive, VVIP service. We at Quintessential jets will provide you with the correct charter aircraft to transport you in comfort, safety and convenience whether you require a 1 to 14 seat VIP configured business jet or an 25 to 100+Jumbo Jet for your entourage or team. As always we provide you five-star service with better than first class experience on every flight. Our dedicated flight team will manage every aspect of your trip. We follow from the limo-ground transportation to and from your private jet to the luxury accommodations for your overnight stay to the onboard amenities, we provide it all. We provide free custom private jet charter service quotes.

Article Source: Polina_Medvedeva

Comments Off on GULFSTREAM RECEIVES FEDERAL AVIATION ADMINISTRATION PRODUCTION CERTIFICATE FOR G650

GULFSTREAM RECEIVES FEDERAL AVIATION ADMINISTRATION PRODUCTION CERTIFICATE FOR G650

| Business Aviation | 2012/12/21

SAVANNAH, Ga., December 21, 2012 — Gulfstream Aerospace Corp. recently received two important certifications for its new flagship aircraft, the ultra-large-cabin, ultra-long-range G650.  The company received the Production Certificate (PC) from the U.S. Federal Aviation Administration (FAA) Atlanta Manufacturing Inspection District Office.  Gulfstream also earned a Type Certificate for the G650 from the European Aviation Safety Agency (EASA).

The PC was obtained on December 20, 2012, and confirms that Gulfstream’s production processes for the G650 are in compliance with Federal Aviation Regulations Part 21.  The FAA issued the PC after Gulfstream completed an extensive FAA Production Certificate audit conducted by the Gulfstream Organization Designation Authorization (ODA) office, which examined Gulfstream’s engineering, supplier, manufacturing and quality systems to assure the aircraft are produced in accordance with their design.

The EASA Type Certificate was awarded on December 21, 2012.  By securing EASA certification, the G650 can be registered in the 27 member states that form the European Union.

“This is quite an achievement for Gulfstream,” said Larry Flynn, president, Gulfstream.  “The G650 Production Certificate is a testament to the strength of four departments within Gulfstream — Engineering, Materials, Operations and Quality — along with the Gulfstream ODA to achieve this outcome. Their efforts and the support from the FAA are to be commended.”

“The EASA certification allows us to begin our first G650 deliveries to customers based in Europe,” Flynn added.  “We look forward to getting the G650 certified in many other countries.”

The G650 earned its FAA Type Certificate on Sept. 7, 2012.  The aircraft also has Type Certificate validations from Bermuda and the Isle of Man.

The G650 has the largest cabin and can fly farther and faster than any other purpose-built business jet. The aircraft can travel 6,000 nautical miles (11,112 km) at its high-speed cruise of Mach 0.90. This is a 1,000-nm (1,852-km) increase over the original target of 5,000 nm (9,260 km). At its long-range cruise speed of Mach 0.85, the G650 can fly 7,000 nautical miles (12,964 km). The G650 has a maximum cruise speed of Mach 0.925, making it the fastest certified civilian aircraft in production.

The G650 is also environmentally efficient. Each of its two Rolls-Royce BR725 A1-12 engines provides 16,900 pounds of thrust, yet the aircraft burns less fuel and produces fewer emissions than other aircraft.  It is also extremely quiet, with certified noise levels 17.2 decibels below Stage 4 noise regulations.

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Hawker Beechcraft may split

| Business Aviation, Hawker Beechcraft | 2012/10/22

Hawker Beechcraft plans to emerge from Chapter 11 bankruptcy protection as a standalone company.  Talks between Hawker Beechcraft and Superior Aviation Beijing Co. have ended without agreement.

The company has now announced plans to emerge from Chapter 11 protection as Beechcraft Corporation. A letter to customers signed by Hawker Beechcraft chairman Bill Boisture and executive vice president Shawn Vick said the company’s main goal is to ensure the company completes reorganization “in a strong operational and financial position.”

That may leave it without Hawker product lines “or a closure of the entire jet business,” as a result of strategic or financial considerations. The company says it will focus on other holdings, including piston lines and refurbishments, which are seen to “have high growth potential.”

“In consultation with its key creditor constituents,” the letter says, the company is “evaluating its strategic alternatives for Hawker product lines” (emphasis added). Specifically, that could include sale of some or all associated product lines. If no suitable bids are received, the jet lines could be shuttered altogether. The company says it will focus instead on those areas it has identified as having high growth potential. That includes turboprop, piston, special mission and trainer/attack aircraft as well as parts, maintenance, repairs and refurbs. While the company’s discussions with Superior are over, it still retains a $50 million deposit from the company, which it says is “now fully non-refundable” and the property of Beechcraft. The company says it has sufficient liquidity to complete its restructuring and has announced that it will develop and file a Joint Plan of Reorganization which will be the subject of a hearing on Nov. 15, 2012.

Comments Off on Boeing Business Jets set a new world record for “Speed Over a Recognized Course”

Boeing Business Jets set a new world record for “Speed Over a Recognized Course”

| BBJ, Boeing, Business Aviation | 2012/09/19

Boeing Business Jets set a new world record for “Speed Over a Recognized Course” when a BBJ flew non-stop from Los Angeles to Auckland, New Zealand for installation of its VIP interiors. The BBJ, a 737-700 modified for VIP use, made the 5,658 nautical mile (10,479 km) trip in 13 hours, 7 minutes and 54 seconds.

The record-setting trip was monitored by the National Aeronautic Association based in Washington, D.C.  BBJ president captain Steve Taylor said the trip demonstrates the incredible range capability of the BBJ.

“When we left Los Angeles with full fuel, we were 21,000 pounds below our Maximum Takeoff Weight.  This means that the customer can add a full VIP interior, fill all the seats and still carry full fuel and have remarkable range – something our competitor with the same class business jet simply cannot do non-stop,” said Taylor.

The airplane had 7,800 pounds of fuel remaining when it landed in Auckland Sunday evening.

The BBJ, owned by Samsung Electronics, is equipped with seven auxiliary fuel tanks, giving it the extended range capability. It also features lower cabin altitude, which differentiates it from its competitor. The option provides a 6,500-foot cabin altitude instead of the standard 8,000-foot cabin, allowing passengers to travel in greater comfort.

The airplane was flown to New Zealand for the first interior completion of a new BBJ by Altitude Aerospace Interiors, an Auckland-based company which was launched in 2008.

Boeing delivers the BBJ to the customer “green” (no interior or paint) so it can be customized to suit the specific needs and taste of the customer. The completion center of the customer’s choosing installs the VIP interiors, which typically takes nine months to a year.

The BBJ is the best selling model of Boeing’s business jet line with 157 sold to date.

Boeings for sale on BusinessJet.com

Aircraft Data on Boeing Business Jets

Comments Off on GULFSTREAM G280 CERTIFIED BY FAA

GULFSTREAM G280 CERTIFIED BY FAA

| Business Aviation | 2012/09/04

GULFSTREAM G280 CERTIFIED
BY FEDERAL AVIATION ADMINISTRATION
AND CIVIL AVIATION AUTHORITY OF ISRAEL

 

Super Mid-Sized Aircraft Delivers Best-in-Class Cabin, Performance And Flight Deck


SAVANNAH, Ga., September 4, 2012 — Gulfstream Aerospace Corp.’s best-in-class G280 aircraft has earned type certificates from the U.S. Federal Aviation Administration (FAA) and the Civil Aviation Authority of Israel (CAAI). The certificates verify the airworthiness of the aircraft’s design and are among the final steps required before Gulfstream delivers the first fully outfitted G280 to a customer.

 

The G280, a joint effort between Gulfstream and Israel Aerospace Industries (IAI), offers the most comfortable cabin and the longest range at the fastest speed in its class.

 

“Gulfstream is excited to bring this aircraft to its customers, especially since we’re able to provide a plane that does more than we originally announced,” said Larry Flynn, president, Gulfstream. “The G280 has a range of 3,600 nautical miles (6,667 km) at Mach 0.80. This increase of 200 nm (370 km) over our original projections results in increased fuel efficiency and lower operating costs for our customers. It’s the only mid-sized aircraft that can reliably fly nonstop between London and New York. Additionally, our customers will find that the newly designed G280 has a great deal in common with large-cabin Gulfstream aircraft in terms of safety, reliability, handling, styling and cabin management. The G280 is an all-around fantastic plane.”

Joseph Weiss, IAI’s president and CEO, said: “Gulfstream and IAI have applied their unique technological strengths through all stages of development, manufacturing and certification of the G280. These certifications demonstrate this team’s tremendous technological abilities.”

 

Gulfstream will deliver the first G280 aircraft before year-end to a U.S.-based manufacturer with a worldwide presence spanning 190 countries.

 

Program Milestones
Gulfstream announced the G280 on Oct. 5, 2008, as a replacement for the large-cabin, mid-range G200. The aircraft rolled out under its own power on Oct. 6, 2009, at the IAI facility near Tel Aviv before a crowd of more than 1,000 people. Its first flight, on Dec. 11, 2009, lasted 3 hours and 21 minutes and saw the aircraft fly to 32,000 feet (9,754 m) and achieve a maximum speed of 253 knots. A total of three G280 aircraft participated in the flight-test program, flying more than 2,150 hours over 794 test flights.

 

The aircraft received a provisional type certificate from the CAAI on Dec. 29, 2011, and the FAA on March 1, 2012.

 

As with all Gulfstream aircraft, the G280 was designed with considerable input from Gulfstream customers who participate in the company’s Customer Advisory Board.

 

“Their contributions were invaluable in creating a super mid-sized aircraft that flies so far and so fast,” said Pres Henne, senior vice president, Programs, Engineering and Test, Gulfstream. “The G280, with a top speed of Mach 0.85, already has set four city-pair speed records. We anticipate it will set many, many more in the months and years to come thanks to its advanced wing design and its fuel-efficient Honeywell HTF250G engines, each of which delivers 7,445 pounds of thrust. The significant range and speed increase compared to the G200 is achieved while burning less fuel.

“In addition to the aircraft’s tremendous performance capabilities, it offers the most comfortable cabin in its class with the Gulfstream-designed cabin management and audio/video distribution systems, industry-leading sound levels, 19 super-sized windows and in-flight access to the baggage compartment. We’re extremely proud of this aircraft and know our customers will be, too,” Henne said.

 

Performance

The G280 has an all-new, advanced transonic wing design that has been optimized for high-speed cruise and improved takeoff field length performance. At its maximum takeoff weight of 39,600 pounds (17,963 kg), the aircraft offers a balanced field length of 4,750 feet (1,448 m), an improvement of more than 1,300 feet (396 m) over the G200 it replaces and 210 feet (64 m) less than originally announced at the program’s outset.

 

“The new G280 aircraft is the impressive result of an extensive development program,” said David Dagan, vice president and general manager, Commercial Aircraft Group, IAI. “The aircraft’s performance ultimately exceeds initial projections.”

 

The aircraft’s engine-wing combination gives the G280 tremendous climb performance, propelling it to 43,000 feet (13,107 m) in less than 23 minutes. The aircraft’s maximum cruise altitude is 45,000 feet (13,716 m).

 

The community noise characteristics are a cumulative 15.8 dB below FAA Stage 4 noise requirements.  This level is more than 5 dB quieter than the predecessor model and reflects Gulfstream’s continuing commitment to improved design.

 

The G280 includes auto braking as a standard feature. This system improves passenger comfort and reduces brake wear, resulting in lower operating costs. It also improves safety while reducing pilot workload. The brake-by-wire system features an individual, anti-skid, completely independent mechanical backup and a brake temperature monitoring system.

In the Cockpit

The G280 features the most advanced flight deck in its class, the PlaneView280TM, based on Rockwell Collins ProLine Fusion avionics. It includes three 15-inch (36-cm) liquid crystal displays that are capable of showing multiple formats, including a navigation map with terrain; approach and airport charts; graphical flight planning, and optional enhanced vision.

 

The cockpit also includes a standby multi-function controller, dual Gulfstream signature cursor control devices, dual auto-throttle and two PlaneBookTM subscriptions. It’s the only aircraft in its class to offer automatic descent mode as a standard feature. Other features include wide area augmentation system/localizer performance with vertical guidance (WAAS-LPV), future air navigation system (FANS) 1/a and controller-pilot datalink communication (CPDLC), electronic charts on cockpit displays and worldwide graphical weather.

 

“The PlaneView280 system is designed to improve situational awareness and safety through its highly interactive controls and interfaces as well as its advanced graphics and synoptics,” Henne said. “Optional features further enhance the capabilities of the flight deck. These include the Rockwell Collins HGS-6250 Head-Up Display (HUD II) and Gulfstream Enhanced Vision System (EVS II).”

 

In the Cabin

Comfort and convenience are just two highlights of the G280 cabin. The aircraft has the longest seating area in its class and a total cabin length of 25 feet, 10 inches. This additional space provides for a larger lavatory, an improved galley and increased storage. Customers can select from three interior floor plans, which seat from eight to 10 and berth up to four. All of them offer significant storage capabilities, with total storage of up to 154 cubic feet (4.63 cubic meters).

 

The significantly larger lavatory is accented by two windows, a contemporary sink with raised ledge, a full-length closet and a vacuum toilet system with overboard venting, the only system of its kind in this class of aircraft.

 

The cabin contains a larger, ergonomically designed galley that features an extra-large ice drawer with gasper-cooled storage, a sink with hot and cold water, and increased storage capacity.

 

Further contributing to the extraordinary cabin environment is an advanced environmental control system that provides 100 percent fresh air and a low cabin altitude: 7,000 feet (2,130 m) at FL450 and 6,000 feet (1,828 m) at FL410.

 

“Taken together, these amenities significantly reduce fatigue, increase mental alertness and enhance productivity,” Henne said.

 

The aircraft has new seats, measuring 21 inches (53 cm) between the arm rests and featuring new styling details, a telescoping headrest with optional flexible wings, an articulating seat pan for full-flat berthing and an optional recliner-style leg rest.

 

The Gulfstream Cabin Management System serves as the backbone of the cabin experience. This Gulfstream-designed and -controlled system allows for digital control of the cabin system network, including high-definition audio and video components. The passenger control units are loaded onto an iPod Touch® and provide the floor plan of the aircraft. Intuitive controls are provided for lighting, temperature, entertainment equipment, attendant call and other cabin functions, including the Gulfstream CabinView Passenger Flight Information System.

 

CabinView, a Gulfstream-designed and -controlled system, provides flight and cabin information, such as geographic boundaries, borders and points of interest. Additional content, such as stock prices and weather, can be tailored through optional high-speed Internet data.

The cabin adheres to Gulfstream’s Cabin Essential design philosophy. This means the cabin systems (lighting, power, cabin control, cabin entertainment, and the water and waste systems) are designed with redundancy that minimizes the risk of losing cabin functionality.

 

“This aircraft leads its class in every significant aspect of performance and comfort,” Flynn said.

Comments Off on Neil Armstrong dies at 82.

Neil Armstrong dies at 82.

| Business Aviation | 2012/08/27

Neil Armstrong dies at 82.

“That’s one small step for man … one giant leap for mankind.”

“Forty-three years ago, nearly everyone in America was glued to the TV to see a self-described “nerdy engineer” walk out of a space capsule, Apollo 11, and become the first person to step foot on the moon. There were estimates that one-fifth of the people on earth watched the moon landing and moonwalk. Armstrong’s first words on the moon will never be forgotten: “That’s one small step for man … one giant leap for mankind.”

“When Armstrong and his crew returned, there were parades in New York, Chicago and Los Angeles, and then a world tour. A quiet hero in so many ways — as a Korean War combat pilot, a man who would never try to make money on his accomplishments as an astronaut, and a soft-spoken professor at the University of Cincinnati. Armstrong defined “the best and the brightest.” On Saturday, his family said this, fittingly: “Honor his example of service, accomplishment and honesty.” In a me-first world, Armstrong was a selfless American original.”

This was written by Peter King in the Monday Morning Quarterback.  Nice to see a sportswriter break from the NFL preseason and recognize a truly great man.  Read more: http://sportsillustrated.cnn.com/2012/writers/peter_king/08/26/mmqb/index.html#ixzz24nbM4Zwd

Comments Off on Citation CJ2 Wanted

Citation CJ2 Wanted

| Business Aviation, Cessna, CJ2, FJ44, Williams International | 2012/08/14

O’Gara Aviation Company is exclusively engaged by one of its clients to purchase a high quality Citation CJ2. Our client is financially qualified with funds ready to be placed in escrow and has very near-term purchase expectations…a rare find in these challenging economic times. We are paid by our client, so any offer on your aircraft will be net to your company. We are not seeking a commission or fee from the seller.

If you are considering the sale of your aircraft please contact:

Johnny Foster
President
Office: 770-955-3554
Mobile: 404-229-4595
johnnyfoster@ogarajets.com

All discussions will be kept in strict confidence.

Comments Off on 737MAX Winglet — Life-size Replica At Farnborough

737MAX Winglet — Life-size Replica At Farnborough

| BBJ, Boeing, Business Aviation | 2012/07/12

Winglets – they are very interesting devices. They make planes perform better and most people think that they look good too. The new 737Max winglet (which I would assume will be standard equipment on the BBJ MAX) is shown on the blog of Boeing’s Randy Tinseth, vice president, marketing for Boeing Commercial Airplanes in Seattle. The picture is of Randy with a full scale model of the 737 MAX Advanced Technology Winglet

The picture gives you a good idea of how large these winglets actually are.

Comments Off on Gulfstream G280 Flies Paris to New York in less than eight hours

Gulfstream G280 Flies Paris to New York in less than eight hours

| Business Aviation, Gulfstream, Gulfstream G280 | 2012/05/31

Gulfstream Aerospace Corp.’s super mid-sized Gulfstream G280 recently set an unconfirmed city-pair speed record from Paris to White Plains, N.Y., making the flight in 7 hours, 40 minutes. Official recognition of this city-pair speed record by the National Aeronautic Association (NAA) is pending.

The G280, which is nearing certification and entry-into-service later this year, took off from Paris Le Bourget Airport on May 17 and flew nonstop to Westchester County Airport in White Plains, N.Y., at an average speed of Mach 0.80 against an average 32-knot headwind.

At maximum takeoff weight, the aircraft climbed to 43,000 feet in 22 minutes. The aircraft landed with an excess of NBAA IFR fuel reserves.

Piloting the G280 were Brett Rundle, chief pilot, mid-cabin; Chip Leonard, senior international captain, mid-cabin; and Butch Allen, senior production test pilot. On board the aircraft were Jeanette Brewer, manager of flight crew operations, and three additional passengers.

Gulfstream confirmed in October 2011 that the G280 would perform better than originally promised at the program’s public launch in 2008. Following extensive flight testing, Gulfstream demonstrated that the G280 flies 3,600 nm (6,667 km) with four passengers at Mach 0.80 with NBAA IFR reserves.

In addition to more range, the aircraft offers a shorter balanced field length. Its balanced field length has been reduced from 4,960 feet (1,512 m) to 4,750 feet (1,448 m). This field length is an improvement of more than 1,300 feet compared to the G200 that the G280 replaces.




Comments Off on Bumpy Ride for Banks in Business Jet Financing

Bumpy Ride for Banks in Business Jet Financing

| Business Aviation | 2012/05/10

FlightGlobal says banks in business jet financing are in for a bumpy ride as a result of the abundance of cash buyers for new busines aircraft. Quoting the head of aviation finance at Credit Suisse, the trade journal says that up to 80% of new business jets are acquired through cash deals.

The article notes that low pricing is another sign banks are feeling the pressure. FlightGlobal quotes Michael Amalfitano, head of corporate aircraft finance at Banc of America Leasing, as saying, “There is increased competition in the market owing to the number of financiers returning to the market post downtown.”

To read the full text of the FlightGlobal article: click here.

Comments Off on Hawker 400XPR Engine Test Article Completes First Flight

Hawker 400XPR Engine Test Article Completes First Flight

| Business Aviation, FJ44, Hawker Beechcraft, Williams International | 2012/05/10

 Hawker 400XPR Engine Test Article Completes First Flight 

WICHITA, Kan. (May 7, 2012) – Hawker Beechcraft Global Customer Support (GCS) today announced the successful first flight of the Hawker 400XPR engine test article. This was the first flight of an upgraded aircraft with new Williams International FJ44-4A-32 engines.

The Hawker 400XPR upgrade combines the increased power of the Williams International FJ44-4A-32 engines with the superior aerodynamics of genuine Hawker Winglets. Also available are optional Rockwell Collins Pro Line 21™ avionics and a number of system enhancements that significantly improve performance, operating cost and resale value. The company anticipates certification in September 2012.

“The first flight of the Hawker 400XPR engine test article is a major milestone and significant achievement for our design and production teams,” said Christi Tannahill, senior vice president, Hawker Beechcraft GCS. “Hawker Beechcraft and its partners spent countless hours and great effort to ensure the Hawker 400XPR exceeds the needs our customers require in their light-jet aircraft. We continue to see great demand for this upgrade in the market and look forward to certification and deliveries commencing later in the year.”

Hawker Beechcraft offers customized XPR upgrade packages for existing Hawker/Beechjet 400 owners as well as XPR Factory Completed Aircraft for those who do not currently own an aircraft. Both the XPR upgrade and Factory Completed Aircraft include performance, cost and reliability enhancements that are available only through Hawker Beechcraft. Importantly, the enhancements are the exclusive factory-designed, engineered and supported upgrades available for the Hawker/Beechjet 400.

Comments Off on Hawker Beechcraft Reaches Agreement with Lenders to Reduce Debt, Strengthen Company for the Future

Hawker Beechcraft Reaches Agreement with Lenders to Reduce Debt, Strengthen Company for the Future

| Business Aviation, Hawker Beechcraft | 2012/05/03

Hawker Beechcraft, Inc. today announced that it has reached an agreement with a significant number of its senior secured lenders and senior bondholders on the terms of a financial restructuring plan that will strengthen the company for the future and eliminate approximately $2.5 billion in debt and approximately $125 million of annual cash interest expense. To implement the terms of the prearranged restructuring expeditiously, Hawker Beechcraft and certain of its subsidiaries today filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The terms of the prearranged restructuring agreement will take effect when the company’s reorganization plan is confirmed by the Court and the Chapter 11 case is concluded.

As part of the prearranged restructuring, Hawker Beechcraft obtained a commitment for $400 million in Debtor-in-Possession (DIP) financing, which will enable it to continue paying employees, suppliers, vendors and others in the normal course of business.

Robert S. (Steve) Miller, CEO of Hawker Beechcraft, Inc., said, “We are pleased to have reached an agreement with our largest lenders and bondholders on a solution to stabilize and improve our capital structure. In the last three years, the company has made aggressive transformational changes in all operational functions, and today’s announcement represents the next step forward. Restructuring our balance sheet and recapitalizing the company in partnership with our debtholders will dramatically improve Hawker Beechcraft’s ability to compete in a rapidly changing environment.”

Hawker Beechcraft continues to operate in the normal course of business and serve its customers around the world. All orders for available products will be fulfilled and the company’s commitment to providing the best products and service in the industry remains unchanged. Further, the company will comply with all Department of Defense acquisition and maintenance contracts, as well as agreements with international air forces including, but not limited to, the recently announced sale of T-6C+ trainer aircraft to Mexico. Hawker Beechcraft is also committed to moving forward with its bid to provide the U.S. Air Force with the AT-6 in support of the Light Air Support contract.

Reorganization Plan

A prearranged Chapter 11 filing means the company has secured the support of a majority of its lenders and senior bondholders for its proposed financial restructuring prior to the Chapter 11 filing with the Court. Financial institutions representing more than two-thirds the company’s bank and senior bond debt are parties to the agreement.

Upon confirmation by the Court and consummation of the plan, equity ownership in Hawker Beechcraft will be transferred to holders of the company’s secured debt, bond debt and certain other unsecured creditors.

Business Continuity

Hawker Beechcraft will continue its operations without interruption and meet its ongoing commitments to customers during the restructuring process. Specifically, deposits and progress payments will be secure and all customer orders for available products will be fulfilled. The company believes the size of the DIP financing commitment will be sufficient to maintain adequate and stable working capital and liquidity positions. The company expects to meet its obligations to its suppliers and employees in the ordinary course during the recapitalization process.

Miller continued, “As we have worked to develop this long-term plan to recapitalize the company and strongly position Hawker Beechcraft for the future, our employees have continued to build the best airplanes in the world and provide our owners with the most comprehensive global customer support in the industry. The protections provided by the U.S. Bankruptcy Code and the financing commitment we have obtained put Hawker Beechcraft in a great position to continue to do so throughout the restructuring process.”

Financing

The agreement includes a commitment from certain members of the senior lender group to provide $400 million in DIP financing, which the company expects will ensure sufficient liquidity during the reorganization process. Upon approval, this DIP facility will be available to fund Hawker Beechcraft’s operations, pay its suppliers and vendors, and for other corporate purposes.

Background on Chapter 11

Chapter 11 of the U.S. Bankruptcy Code allows a company to continue operating its business and managing its assets in the ordinary course of business. The U.S. Congress enacted Chapter 11 to encourage and enable a company to continue to operate while restructuring its business, thereby preserving jobs and maximizing the recovery for all its stakeholders.

Important Note

The transaction described above is subject to numerous closing conditions and is not an offer to sell securities or a solicitation of an offer to purchase any securities.

The company’s legal representative is Kirkland & Ellis LLP, its financial advisor is Perella Weinberg Partners LP and its restructuring advisor is Alvarez & Marsal.

This release is not intended as a solicitation for a vote on the Plan of Reorganization.

Hawker Beechcraft, Inc., the parent company of Hawker Beechcraft Corporation, is a world-leading manufacturer of business, special mission, light attack and trainer aircraft – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with a global network of more than 100 factory-owned and authorized service centers. For more information, visit www.hawkerbeechcraft.com.

Media contact:
Nicole Alexander
+1.316.676.3212
Nicole_Alexander@hawkerbeechcraft.com
www.hawkerbeechcraft.com

Comments Off on Eclipse Receives Production Certificate from FAA for the Eclipse 550

Eclipse Receives Production Certificate from FAA for the Eclipse 550

| Business Aviation, Eclipse, Eclipse 550 | 2012/04/25

Albuquerque, NM, April 25, 2012 — Eclipse Aerospace, Inc., manufacturer of the world’s first very-light jet (VLJ), today announced that it has received Production Certificate #550 from the Federal Aviation Administration (FAA), paving the way for production of the new Eclipse 550 twin-engine jet. Representatives from the FAA presented the production certificate to Cary Winter, Senior Vice President of Eclipse Aerospace, earlier today at a ceremony held at Eclipse’s Albuquerque headquarters.

A production certificate allows a company to manufacture aircraft and parts in conformance with FAA-approved type design, and is only granted when the FAA has determined that the organization’s manufacturing processes and quality systems comply with all federal regulations.

“Armed now with a fully certified aircraft, a certified production process, and an established supply chain, Eclipse is well positioned to re-introduce the Eclipse Jet to new production. Earning our FAA production certificate means we have successfully built a reliable, high-quality manufacturing process, and are well positioned to expedite aircraft deliveries,” said Winter.

The rigorous FAA production certificate approval process includes the exhaustive evaluation of an organization’s manufacturing processes, quality control, and production inspection system. A team of FAA inspectors performs multiple audits on the organization and examines approved design data for compliance.

“This was a great effort by our Quality, Engineering, Production, Supply Chain, and Facilities teams. We also appreciate the professionalism and dedication the FAA MIDO demonstrated throughout this initiative, and look forward to advancing the Eclipse 550 aircraft to full scale production,” commented Winter.

The new model Eclipse 550 twin-engine jet is built upon the same proven Eclipse 500 platform, but will deliver with the next evolution of aircraft systems for general aviation jets. Systems upgrades include auto-throttles, synthetic vision, enhanced vision, and a redundant flight management system. First deliveries are expected in mid 2013.

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The History of Business Jets

| Business Aviation | 2012/04/14

By

The waning years of WWII saw the introduction of the first jet fighter  planes. Though the popular image is that Germany was the first to develop them,  British pioneer Frank Whittle had drawing board designs of a jet plane as early  as the mid-1930s.

After the end of the war, commercial airlines quickly realized the value of  these faster planes. Everyone wants to get where they want to go sooner. Less  time in the air means less jet lag, less stress from engine and wind noise, and  more time on the ground to take care of business. For upscale business  travelers, those goals were first approached in the mid-1960s.

Alongside the development of large, commercial airlines’ use of jets – the  famous Boeing 727 and its later cousins – there grew up a cottage industry of  smaller jets designed primarily for ultra-rich customers.

Learjet, Lockheed JetStar and the Gulfstream II were the ultimate expressions  of those design goals at the time. Selling for around $1 million (a hefty price  tag forty years ago), these hand-built air limousines were heavily used by  oil-rich sheiks and the J. Paul Getty’s of the day.

For the younger crowd, J. Paul Getty was one of the richest men in the world  from the 1940s until his death in 1976. The Bill Gates of his day – only his  money came from oil not computers – he was the first individual to crack the $1  billion mark.

Gulfstream’s GII had room for twelve and the interiors were as classy as the  rooms of the most elegant hotels, with powerful motors for long range travel.  That tradition continued to the mid-1980s and beyond. In 1985, the GIV weighed  in at 74,600 lbs (33,900 kg) and had a range of 4,200 nautical miles.

Though the trend in interiors grew more corporate and less hotel-like through  the 1990s, with jets evolving into flying offices, the lowered luxury didn’t  decrease the functional advantages. Flat-panel video monitors, satellite phones  and many more useful amenities all found a place early-on in business jets. Many  came to have divided conference rooms, sleeping accommodations and other  features conducive to doing business around the clock and around the world.

If you’re going to plan business strategies at 30,000 feet you have to have  the tools.

As the millennium turned, the business jet market branched out. Larger planes  were built to accommodate those with a need for global travel, and smaller jets  were designed with lower production and operating costs.

The Boeing executive models of the B757, powered by Rolls Royce engines, has  the same potential range as its commercial airline counterpart. Only it  typically carries a lot less passenger weight. This plane, and others like the  Cessna Citation X or Global Express, can travel almost anywhere in the world  non-stop.

On the smaller end, the new VLJ (Very Light Jet) models, such as the HondaJet  or Express Aviation’s E500 still have great range – around 3,000 nautical miles  – but at under 10,000 pounds and carrying only six have much lower production  and operating costs.

The future looks even better for bizjets. It won’t be too many years before  small groups of average businessmen can form fractional ownership arrangements  to have a jet at their disposal for short business trips or even a nice  vacation.

Check out more articles and resources on private jets and air charters on Air Charter Finderhttp://www.air-charter-finder.com/

Article Source: http://EzineArticles.com/?expert=Joe_Mitchell

 

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World’s Top Jets – The BBJ

| BBJ, Boeing, Business Aviation | 2012/04/14

World’s Top Private Jets – The Boeing Business Jet

by Helen Mahoney

Boeing is one of the most popular aircraft in the world. Based in Seattle, Washington, Boeing was founded in 1916 and employs over 55-million as of 2008. Their most popular model, the 737 jet which took its first flight in 1967, has now become a scaled-down version.

These rearranged airplanes are referred to as private business jets. Boeing’s jets are all factory conversions of Boeing airliners. Some of the jets are able to seat between 25 and 50 passengers in luxury, and include master bedrooms, washrooms with shower(s), a dining/conference area, and a living area. The Boeing Business Jet 2 is based on the 737-800.

Boeing advertises their jets for large scale business. When you need a plane large enough to handle your business, yet wish to fly in luxury, the BBJ2 is a solid choice. The Boeing jet has a range of up to 5,735 nautical miles, and offers passengers (up to 19 in the BBJ2 Multiflight model) 3 times more personal space than conventional jets.

The max speed of.82 Mach (over 600mph) ensures that you’ll get to where you’re going fast. The comfortable cruising altitude is above the clouds at 41,000 feet, cutting down on the turbulence and the panic-stricken passengers who scream when the plane jolts.

The new Multiflight Ltd BBJ2 is a sight to behold. It’s truly a one-of-a-kind sky-bound wonder. This version features surround sound in both cabins, a dining area in both cabins, and two ultra luxurious bathrooms. The extra large galley allows 5-star quality food to be prepared and served onboard.

And if you fly with a service, the huge HD TVs are there to display any movie from an enormous selection. Manufacturers went to great lengths to reduce cabin pressure and noise, making the flight less annoying and tiresome, and more enjoyable. In each seat, passengers have access to a phone and fax machine.

To purchase a Boeing Business Jet 2, you’d have to pay a whopping $55-million. But unless you’re John Travolta, renting this bad boy out for a business trip is probably the best way to go. The steep price, however, does buy a lot.

You get the reliability of 2 CFM International CFM56-7 turbofans with 117.4kN thrust each, which is all the power you could ever need. You also get one of the most luxurious rides of your life, time and time again. The spacious and stylish cabin exterior resembles the world’s finest luxury hotel suites. And if you’re lucky enough to stay in the master bedroom, you probably couldn’t tell the difference.   2 crew members fly the jet, and some BBJ2 models can carry up to 63 passengers. It has a length of 39.47 meters, wingspan of 35.79 meters, height of 12.05 meters, and weighs over 100,000 pounds when empty. It’s not exactly dainty, but the BBJ2 is a world-class private jet that everyone should experience a ride in at least once.

Visit http://www.casinoman.net for more articles and more information about the lifestyles of the rich and famous.   Article Source: http://EzineArticles.com/?expert=Helen_Mahoney

 

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GULFSTREAM G280 RECEIVES PROVISIONAL TYPE CERTIFICATE FROM FAA

| Business Aviation, Gulfstream | 2012/03/19

GULFSTREAM G280 RECEIVES PROVISIONAL TYPE CERTIFICATE FROM FEDERAL AVIATION ADMINISTRATION AND CIVIL AVIATION AUTHORITY OF ISRAEL

Deliveries Scheduled For 2012

SAVANNAH, Ga., March 2, 2012 — Gulfstream Aerospace Corp. announced today that the Gulfstream G280 has received a provisional type certificate (PTC) from the U.S. Federal Aviation Administration (FAA). It obtained a PTC from the Civil Aviation Authority of Israel (CAAI) on Dec. 29, 2011.

The principal remaining item required before full type certificates are issued by the FAA and CAAI is an update to the software for the aircraft’s state-of-the-art avionics. Gulfstream expects to receive full type certification from both later this year.

“The G280 will be the fastest, largest, most comfortable aircraft in its class, and we are very pleased with its performance throughout the flight-test program,” said Larry Flynn, president, Gulfstream. “With these certificates in hand, we are now able to move forward in preparation for customer deliveries later this year, as scheduled.”

When delivered, the G280 will exceed the performance specifications outlined when the program was publicly announced in October 2008. The aircraft’s range is 3,600 nautical miles (6,667 km) at Mach 0.80, an increase of 200 nautical miles over original projections. Its balanced field length is 210 feet less than originally announced, allowing it to take off from runways of 4,750 feet (1,448 m) or less. That’s an improvement of more than 1,300 feet compared to the aircraft it replaces, the G200.

The three G280 aircraft in the flight-test program have flown more than 1,845 hours during more than 685 flights, while the fatigue test article (F1) has completed more than 14,300 of 40,000 cycles.

Additional achievements include the successful completion of wet runway, crosswind and maximum energy brake testing.

Serial Number (S/N) 2003, the third aircraft to join the flight-test program, has finished the tests required of it for type certification. That aircraft will now be transitioned to the testing of optional avionics features, including the Head-Up Display (HUD II) and Enhanced Vision System (EVS II).

S/N 2004, the first production aircraft, was outfitted and painted last year for an appearance at the 2011 National Business Aviation Association Convention & Meeting in Las Vegas. It is undergoing final upgrades in anticipation of its delivery later this year.

PTCs have been common in general aviation programs over the past 15 years. Both the Gulfstream V and the Gulfstream G550 were issued PTCs before receiving full certification. The Gulfstream G650 received PTC from the FAA in November 2011.

How to evaluate a fractional jet ownership company

| Business Aviation, Fractional Jet | 2012/01/22

 

How to evaluate a fractional jet ownership company

Whether you’re shopping for a fractional jet for business use or family travel, it’s always good to look before you leap. Before buying into a programme, evaluate the company offering it. The aviation professionals you consult with should be happy to answer your questions and to offer a viable and attractive package to suit your travel requirements.

Here are some key points to consider when investigating a fractional jet ownership programme:

 

Financial position

The financial strength of the company is very important. You are not only buying an asset, you are also forming a long-term business partnership. A sound financial position is the best way to guard against business failure and to ensure that maintenance, training, service and safety are not compromised, thereby reducing the value of your investment.

Aircraft selection

More is better. The larger a fractional jet programme’s fleet, the more it has to offer and the better it can serve your needs. Here are some questions to ask:

  1. How many planes are in the fleet?
  2. Are planes available in a variety of sizes?
  3. What’s the average age of the planes?
  4. Does the company guarantee aircraft access?
  5. How long is the notification period when requesting a jet?

International travel

With business jets especially, global travel is a prime consideration. Look for a fractional ownership company that provides for global travel and handles it in-house. Safety and service should be the same whether flying domestic or abroad.

Professional experience

The company you are considering should have an excellent track record of safety and service. Some points to consider:

  1. How long has the company been in business?
  2. How many flights are operated annually?
  3. How many destinations are served globally?
  4. What is the company’s safety accreditation?

Safety considerations

  1. How high is the company’s commitment to safety?
  2. Where do pilots receive training, and how reputable is that training?
  3. Does the company employ in-house meteorologists?
  4. Is there a senior supervising pilot available to assist pilots in flight?
  5. How often and where is fleet maintenance performed?
  6. What are the safety records of the planes in the fleet?
  7. Are new additions equipped with state-of-the-art safety systems?
  8. What are the pilot selection and training requirements?
  9. How many training hours do pilots receive annually?
  10. Do the airports served by the programme get audited regularly?

Customer service

More than a factional jet ownership interest, you are also investing in a company that will personally manage your travel arrangements. Consider the following questions:

  1. Does the programme honour its scheduling commitments?
  2. Does it provide ground transportation, security and catering?
  3. How many pilots does the company employ?
  4. Are the facilities state-of-the-art?

Taking an in-depth look at the fractional business jet ownership company you are considering is one way to get the most from your investment. Whether you want business jets, private jets or both, put the same care into your research as you would with any high-end investment.

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Cessna Citation Ten Prototype Makes First Flight

| Business Aviation | 2012/01/21

The Citation Ten prototype made its first flight today. The flight lasted more than two hours and included tests of stability and control, handling qualities, functional operations including the autopilot and autothrottle system, engine operability and avionics before landing at Wichita, Kan. Mid-Continent Airport (ICT) where Cessna’s main manufacturing facility is located.

“It took a significant amount of work by a large number of people to get us to this milestone today and I am happy to report that the aircraft performed exceptionally well and handling characteristics were excellent; just as predicted,” said Michael Voigt, Cessna’s engineering test pilot who flew the Ten prototype. “All systems functioned as expected including the Garmin G5000 avionics system. We are looking forward to a successful flight test program and FAA certification.”

Federal Aviation Administration type certification is on track for mid-2013 with first aircraft deliveries planned for the second half of 2013.

“Our first flight, today, was a great success. We have a great team working on this project and I know they will take this dominant aircraft up a notch,” said Kelly Reich, business leader for the Cessna Citation X and Ten.
The Ten is a mid-size aircraft with updated design and performance, enabling it to get to altitude faster and travel farther than the Citation X (Model 750). First announced at the 2010 NBAA convention, the Citation Ten is designed for greater fuel efficiency and increased comfort for up to nine passengers and two pilots.

Two Rolls-Royce AE 3007C2 engines will take a 36,600 pound (16,601 kilogram) MTOW Citation Ten off the ground in 5,150 feet (1,569 meters) and give the aircraft a maximum cruise speed of 527 knots an hour (977 kilometers) and a certified ceiling of 51,000 feet (15,545 meters). The Ten has a maximum range of 3,242 nautical miles (6,008 kilometers), putting city pairings such as New York-London, Boston-San Francisco, London-Dubai and Miami-Seattle within convenient one-hop flights.

The Ten is 15 inches longer than the Citation X, providing extra passenger legroom in the forward club seating area. A new Ten mock-up was debuted at the 2011 NBAA convention with a fresh new interior color scheme, though customers are able to choose the interior stylings that best fit their needs and personality.

Also featuring ClairityTM, Cessna’s proprietary cabin technology solution, the Ten delivers ultimate touch-screen control to the passenger, maximizing the digital entertainment experience from web to movies to moving maps. One convenient panel at each seat provides connections for personal electronic devices.

The Garmin G5000 integrated flight deck is one of the most intuitive pilot-aircraft interfaces ever seen in a business avionics suite. The high-resolution multi-function displays have split-screen capability, allowing continuous monitoring of engine, flight control, hydraulic and electrical systems. Garmin’s SVT synthetic vision technology on the primary flight displays gives the crew a virtual reality view of runways, terrain, traffic and obstacles. Electronic charts with aircraft position overlay provide dynamic situational awareness during approach.

A video highlighting the Citation Ten’s features can be viewed on Cessna’s YouTube channel. Visit our gallery of Citation Ten images.

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EMBRAER ROLLS OUT LEGACY 500 EXECUTIVE JET

| Business Aviation, Embraer | 2011/12/28

First of three prototypes prepares for the next phase toward certification

 

São José dos Campos, Brazil, December 26, 2011– Embraer rolled out its newest executive jet, the midsize Legacy 500, last December 23, from the production hangar at the São José dos Campos headquarters, in Brazil. This milestone rollout will allow development and test engineers to perform important ground tests, prior to the aircraft’s first flight, which is scheduled for the third quarter of 2012.“This is a significant day for the Legacy 500 program,” said Maurício Almeida, Vice President, Programs – Embraer Executive Jets. “Releasing the aircraft from production to the test team will allow us to gather vital information during ground tests, which will be used to shorten the flight test campaign.”Following the rollout, the aircraft will undergo initial systems evaluations leading to the first engine run, and then to the ground vibration tests (GVT), and the full regimen of ground tests. This aircraft is the first of three prototypes that will be used in development, ground, flight and certification testing.

There are more than 800 Embraer engineers supporting these technical efforts. The aircraft will be certified by ANAC (Brazil), FAA (USA), EASA (Europe), and other aviation authorities in key markets throughout the world.

The aircraft is powered by two Honeywell HTF 7500E turbofan engines, each one producing 6,540 pounds of thrust at takeoff. They will allow the aircraft to fly at a high-speed cruise of Mach 0.82, and to have a range of 5,600 kilometers (3,000 nautical miles) with four passengers. The jet features the advanced Rockwell Collins Pro Line Fusion® Integrated Flight Deck, as well as a modern full fly-by-wire system with complete flight envelope protection.

The Legacy 500 can accommodate up to 12 passengers in a stand-up cabin with 6-foot (1.82-meter) ceiling and a flat floor. Cabin design and amenities include four berthable (fully flat) seating pairs, a low 6,000-foot cabin altitude, Honeywell’s Ovation® Select Cabin Management System, and internal and external baggage compartments. Premium seats are also available with leg rest, headrest with flexible wings, electrically actuated lumbar support, and massage and heating systems, which are unique to its category.

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