Business Jets Bolster Bombardier’s Deliveries and Orders, Business Jet Market ‘Tentatively Firming’, Cessna sees its future with a large-cabin Citation + MORE Feb 18th

Gogo Biz Achieves In-flight Wi-Fi Milestone

Aircell, Gogo’s business aviation group, has surpassed 2,000 Gogo Biz system installations.

Gogo Biz was first introduced June 2009, to bring Gogo’s in-flight connectivity service to business jets. According to Gogo, by reaching 2,000 installations the service has become the “most rapidly-adopted broadband service in business aviation history.”

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Cessna is aspiring to offer a large-cabin aircraft in its future business jet line-up, as part of its continued focus on new product development and platform enhancements.

“We are conducting advanced research and development across all of our product spaces and there are a number of designs on the drawing board,” says Brad Thress, Cessna’s senior vice president of business jets.

Cessna entered the large-cabin arena in 2008, with the launch of the Columbus. The programme was cancelled less than 18 months later following the onset of the global economic downturn.

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J.P.Morgan: Bizjet Market ‘Tentatively Firming’

According to J.P.Morgan North America Equity Research’s latest monthly business jet report, data continues to show a “tentatively firming” market and the analyst believes that “2014 will be a key inflection year for business jet demand.” Its most recent data shows a continuation of recent trends: declining used inventory and growth of flight operations–both of which bode well for new aircraft demand–but declining pre-owned pricing…

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Business Jets Bolster Bombardier’s Deliveries and Orders

Bombardier Aerospace’s business jet division accounted for the bulk of net orders and deliveries last year at the company, according to full-year 2013 results released today. The company delivered 238 aircraft (180 business jets and 58 airliners) last year, up from 233 (179 business jets and 54 airliners) in 2012, boosting revenues by 11 percent, to $18.2 billion, and profits by $87 million, to $893 million. It expects to deliver 280 aircraft–200 business jets and 80 airliners–this year….

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