Record low asking prices and high quality
aircraft for sale mark exceptional value for buyers at 2016 close
Selling prices continue to fall, but rate
of decrease improves.
Asset Insight has published its 2016 Year End
issue of the Asset Insight Market Report (AI2 Market Report) covering the
pre-owned business jet and turboprop aircraft markets.
This report analyzed values for every
production year of every modern make/model Business Class aircraft, and the
maintenance analytics cover 91 fixed-wing models, and 1,865 aircraft listed “for
All data indicated that 2016 was an
exceptional year for buyers of pre-owned business jet and turboprop aircraft
with ever-falling asking prices coupled with excellent quality of “for sale”
NBAA commends FAA for issuing final
third-class medical rule
The National Business Aviation Association has
welcomed the issuance by the Federal Aviation Administration of a final rule
allowing private pilots, in certain instances, to use a driver’s license along
with medical exams, in lieu of an FAA-issued medical certificate.
The new rule is contained in a broader package
of updated requirements for third-class medical certification, which the agency
has dubbed 'BasicMed'.
“We commend the FAA for moving ahead in a
timely fashion on the development of a final rule for third-class medical
reforms,” said NBAA President and CEO
Ed Bolen. “The implementation of the
rule will allow the FAA to put scarce agency resources to higher-risk oversight
activities, while remaining focused on the safety of flight.”
Baker Aviation reinforces FAA toxic smoke
threat from lithium ion battery fires
Baker Aviation, the Master Distributor for the
HOT-STOP® ’L’ Fire Containment Kits, recently participated in the FAA Fire &
Cabin Safety Research Conference in Atlantic City that emphasized the serious
threat of toxic smoke that is emitted from lithium-ion battery fires of personal
devices that are happening on board aircraft.
In support of this very serious concern, Baker
Aviation is doubling the amount it offers for its ‘Surrender’ program and will
provide $200 as a trade-in discount [to any Part 91 or 135 operators] for any
other brand of fire containment bag that allows toxic smoke to escape, towards a
new Zero Tolerance, Airtight HOT-STOP ‘L’ EVO Fire Containment Kit.
“As pioneers in this aviation fire containment
market, we know how serious the threat of smoke is in an aircraft, especially in
the cockpit, therefore in light of this recent research, we are no longer
manufacturing our legacy bag with nominal escape of smoke,” explained
Jr., President and Chief Operating Officer at Baker Aviation Maintenance.
Beyond Vine, Live Video
digital director at
Greteman Group, a
agency based in Wichita, the Air Capital.
ye-bye, Vine. The world of
continues to evolve.
Next Tuesday, Jan. 17, Twitter’s
once-loved, six-second, video- looping
app goes the way of the dinosaur.
Launched in 2012, it’s being wiped from
existence as we know it. But this time
not by a meteor or climate change. By
ever-better, social video-sharing
Top competitors in the crowded
marketspace for live-streaming,
real-time apps are jockeying for
position and bumping into each other as
they scramble for ways to make their
apps more customizable.
Letting you use filters for added
creativity and pop. Broadcasting to
specific followers. Searching for videos
by topic, location or broadcaster. If
you have Wi-Fi or a 4G connection,
you’re in business.
AirMed opens Cincinnati base
AirMed International has opened a
Beechjet 400 base at Cincinnati Municipal Lunken Airport to serve air medical
transportation and organ procurement and recovery flights.
The Beechjet will be housed in
the Signature Flight Support FBO facility at the airport.
"The new AirMed Cincinnati
base allows us to extend our footprint in the Midwest and gives our partners
increased efficiencies," said AirMed President
Denise Treadwell. "The Beechjet 400 is
just one of our state-of-the-art air ambulance jets capable of delivering on
AirMed's commitment to provide an uncompromising standard of care while
remaining the fastest way to recovery when it is needed most."
New Wichita Operation Center
Executive AirShare continues to gain
momentum from capital improvements with
the opening of its new Operation Center
in the Wichita market.
The nation’s third-largest fractional
aircraft provider recently moved into a
new facility at Col. James Jabara
Airport (AAO), increasing its hangar
space in the Air Capital by 35 percent.
The 25 Wichita employees move into this
new facility with two hangars totaling
27,000 square feet and an adjoining
7,000-square-foot office from the
company’s previous facility at Wichita
Dwight D. Eisenhower National Airport (ICT).
ClearVision New Generation EFVS to comply with new FAA 'zero visibility landing’
The Elbit Systems ClearVision
Enhanced Flight Vision System (EFVS) is aligned with the most updated ruling
released by the U.S. Federal Aviation Administration (FAA), enabling the pilot
to perform a full landing procedure with no natural vision.
EFVS was designed with a forward thinking approach, consistent with the recently
updated FAA ruling.
The system offers unmatched capabilities, providing dispatch
and landing approach priority as well as Low Visibility Landing regardless of
the destination airport’s infrastructure.
China Aircraft Leasing Group Holdings Limited
(CALC), the largest independent operating aircraft lessor in China, has
appointed Christopher Dennis-Meyer Senior Vice President of Marketing - EMEA
with effect from 4 January 2017.
Based out of CALC’s Dublin office, he will be
responsible for boosting aircraft sales and running marketing campaigns in
Europe, the Middle East and Africa, with a focus on leasing aircraft in the
Most recently, Christopher was the Managing
Director and Partner at Wings Capital Partners, a US based aircraft leasing
company and private equity investor in the mid-life and part-out sectors. Prior
to that, he was SVP Sales & Marketing with Intrepid Aviation covering the
Western Hemisphere, placing new A330 aircraft. Previously, he was the Vice
President of Marketing at Aviation Capital Group and was responsible for all
sales and marketing activities in North America, Africa and Russia/ CIS.
L3 Commercial Training Solutions confirms launch
of London Training Center and production facility in 2018
NYC-headquartered L3 Technologies has
announced that its L3 Commercial Training Solutions (L3 CTS) unit will partner
with Surrey County Council in the United Kingdom on the development and
construction of a purpose-built airline training center and production facility
for the manufacture of aircraft simulators.
The new training facility, to be named L3
London Training Center, is scheduled to become operational in the second quarter
London City Airport past
photographs commemorate 30th anniversary year.
As it prepares to celebrate its
30th anniversary year, London City Airport has published a collection of
photographs marking significant milestones in its history.
The photographs - some
previously unseen - are from the Airport's archive and the personal
collections of longstanding staff members, including Vic Abbott, a
NATS air traffic engineer who has been at the airport since it
opened and documented its early days.
The wider selection
includes fascinating shots of Prince Charles laying the foundation
stone in 1986, the opening by The Queen in 1987, and the
The Queen's corgis
disembarking the royal aircraft at LYC in the 1990s
completed airport during
the late eighties and early nineties, as well as the former site in
London’s Royal Docks, which was transformed during the mid-eighties
to become the home of the international airport.
more, plus photographs
Record airlift of thoroughbreds from Ireland to
China as 76 animals airlifted from Shannon
Airlift shows potential of emerging market
for Irish bloodstock.
A major leap in developing the lucrative China
market for Irish bloodstock has been made with a record airlift of 76 Irish
thoroughbreds from Shannon Airport.
The 76 horses were airlifted in a 4 month
old Boeing 747 cargo plane from Shannon, landing in Beijing late on Thursday
night and are being transported to stables over the weekend. The €3m airlift was the biggest single
movement of Irish horses to China ever, more than doubling the previous high.
Jet Aviation launches new hangar project at
Seletar Aerospace Park
In September last year, Jet Aviation signed a
letter of award with Aircraft Support Industries (ASI) for the design and build
of a new Hangar for its operation in Singapore, in addition to Ancillary work to
its existing facility.
The Award of Contract was followed by a
Ribbon-cutting Ceremony on October 21st to launch the start of works. The new
build will provide an additional 3,850 square meters of hangar space and add 380
square meters to the interior shop with additional space for equipment and
NBAA marks passing of Association veteran John
National Business Aviation Association
President and CEO Ed Bolen saluted John A. Pope, a key figure in the development
of NBAA and the business aviation industry, who passed away on January 8th.
“For more than 20 years, John Pope tirelessly
championed the priorities of the business aviation community in his service to
NBAA,” Bolen said. “During his tenure, he was instrumental in the growth of both
NBAA’s membership and annual convention, and his countless contributions to the
association and the industry will long be remembered."
Lynx FBO Network acquires two new
The Sterling Group, a middle market private
equity firm based in Houston, Texas, has announced that its platform company,
Lynx FBO Network, has completed two acquisitions at Anoka County-Blaine Airport
serving the Minneapolis/St. Paul metropolitan area, with prime access to US Bank
Stadium and downtown Minneapolis.
Lynx simultaneously acquired both Cirrus
Flight Operations and Key Air Twin Cities. "We look forward to bringing the Lynx
level of service and our extensive FBO expertise to the Minneapolis/St. Paul
area," said Chad Farischon,
a Partner with Lynx.
Germany completes the integration of civil and
military air traffic management in its airspace
From this month, air traffic controllers at
EUROCONTROL’s Maastricht Upper Area Control Centre (MUAC) will be providing
integrated civil and military air navigation services in the Hannover Upper
Information Region (UIR) – the upper airspace (above 24,500 feet) of the
north-west of Germany.
The overarching objectives of the integration
are to improve the air traffic management system for the benefit of both civil
and military airspace users and to achieve economies of scale for all parties
involved. Airspace being a finite resource, an integrated civil-military system
will also generate positive effects for the European network.
Cirrus launches G6: The smartest, safest, most
advanced Cirrus ever
Cirrus Aircraft has announced the launch of
the all new 2017 G6 - the smartest, safest and most advanced models ever of the
best-selling SR22T, SR22 and SR20 piston airplanes.
The benchmark for high-performance, single
engine aircraft has been uniquely raised once again by Cirrus to include the
just unveiled, ultra-high speed Cirrus Perspective+ by Garmin flight deck,
luxury automotive-inspired Cirrus Spectra wingtip lighting, premium cockpit
connectivity solutions and more.
Small overall decline belies solid growth for
There were 52,419 business aviation departures in
Europe in December 2016, according to WINGX`s latest monthly Business
Aviation Monitor. The figure represents a 0.6% decline in YOY activity.
The annual total of 798,000 business aviation
flights in 2016 was down by 0.3% compared to 2015.
December's decline was a result of weaker
Turboprop and Piston activity, although business jet flights were up -
especially in AOC activity. The last 12-month trends for business jet flights
are now positive, offset by negative trends in Prop aircraft activity.
December activity was held back by much weaker
demand in Germany. Departures were down 9%, equivalent to 760 fewer YOY flights.
Decline in Germany was particularly acute in Piston activity, with business jet
flights falling 3% YOY.
Top market France also saw a slight decline in
activity in December, although business jet departures from France were up 6%,
and AOC activity in France grew 8% overall.
UK flight activity grew 1%, Italy &
Spain by 2%, Switzerland by 6% YOY.
Gama Aviation wins two long-term special
Gama Aviation Plc has announced the award of
two long-term special mission contracts.
The first is a new three-year contract award
(with an option to extend for a further two years from the National Police Air
Service [NPAS]) for the provision of fixed-wing aircraft maintenance, continuing
airworthiness and spare parts for its new Vulcanair P68R fleet.
covers the maintenance of four aircraft including daily flight inspections, line
maintenance, scheduled maintenance, and the supply of aircraft and mission
The aircraft, which are capable of flying in all weather, day &
night, will be deployed on mission critical tasks across England and Wales
requiring a high level of operational availability; a core competency of Gama
Aviation’s special mission support team.
VIP terminal extension at Belfast International
Barely 18 months after opening their full
service FBO at Belfast International Airport, Global Trek Aviation has been
granted permission by the airport to double the size its facility.
Global Trek MD
comments, “Our facility has been getting busier by the month and we have taken
the decision to plan for future growth at an early stage. Doubling the floor
space will allow us to provide even greater comfort for our clients, put in
additional amenities and expand our Operations Control Centre to keep up with
Belfast International Airports Director of Commercial Development in welcoming
the expansion plans said, “Global Trek has shown the depth of their industry
experience and commitment by hitting the ground running, delivering a first
class experience to their clients and investing in infrastructure, GSE and
personnel training from the very start.”
founder and President of
Atlanta, GA-based Tastefully
continues her guide to
the new foods for 2017.
- part two!
I am so excited to share
more of what we can
expect to see in the way
of food trends coming
our way, and even the
reasons behind the
changing way we look at
food around the world.
Let’s get started.
All of the changes
occurring in the food
industry lead us to
question the reasoning
behind the recent
movement in our changing
eating patterns around
the world. The food
industry has coined
these changes as
These concepts have
changed the way we think
about food. The way we
think is what starts an
idea which turns into a
movement, then into a
trend with a pattern.
Technology has pushed
ideas into trends faster
than ever before.
Beginning with the
millennials, then to
generation X’ers, it is
now powerfully driven by
the generation Z’ers.
Generation Z is about 50
million strong -
currently aged between
five and twenty years
old. (That’s right, five
year old’s are pushing
the change in the food
industry- WOW!). These
kids have been shaped by
the recent recession
(especially coming from
families who have lived
through jobless times),
with terrorism and war
in battling countries.
As a result the older
Generation Z’ers are
willing to work hard for
a stable future while
living in the moment.
They tend to be
financially cautious and
demand good value from
the foods they consume
at home or away from
home. They seem to hold
a disdain for corporate
greed, big business and
generally don’t trust
brands. They want - no
demand - transparency.
Record month for Air Charter Service with £40m
World leading aircraft charter specialist, Air
Charter Service, has reported that the company recorded revenue of more than
£40m in November, making it the record month in its history.
Speaking on the news Group CEO,
said: “This is an outstanding achievement by the whole team. We saw marked
increases across all three of our main divisions: cargo, private jets and
commercial aircraft. On top of this, our onboard courier team performed well
“To reach 40m pounds in one month - which is
equivalent to more than 50 million dollars, is remarkable, and a big step in the
direction of our next goal; to become a billion dollar company. We are not
resting on our laurels though and know that there is a lot more hard work to do
as we go into 2017.
“This landmark month, combined with our new
partnership with Alcuin Capital, means that this year is already shaping up to
be an exciting one for everyone involved at ACS.”
Pilots warn of further drone near-misses after
reports more than double in 2016
Pilots have cautioned that 2017 could see even
more close calls involving drones and aircraft - or perhaps even a collision -
as figures show reports increased by more than double on the previous year.
With drones one of the most sought-after
Christmas gifts once again in 2016, the British Airline Pilots’ Association has
expressed concern that this could lead to a serious incident if users don’t
follow the rules.
In total in 2016 there were 69 reported
incidents of drone near-misses with aircraft, up from 29 in 2015. In 2013 there
BALPA says while we should welcome and embrace
drone technology, users, particularly hobbyists, need to ensure they are
educated in the rules of where and how to fly their drones and take full
responsibility for doing so.
Top safety tips when flying with small children
Food Trends for 2017-Part
founder and President of Atlanta, GA-based
Look Ahead More than Back.
Ashley Bowen Cook,
vice president at Greteman Group.
stories in our
tabs at top of page.