Posted on May 13th, 2019
Embraer Executive Jets delivered the first Phenom 300 to Luxaviation S.A. which is part of Luxaviation Group, the second largest business aviation group in the world based in Luxembourg (Europe).
Luxaviation Group has been rapidly expanding its business worldwide through acquisitions bringing valuable benefits to customers. With a broader range of aircraft types, the collaboration between the Group’s companies enhances best practices in all operational areas. Luxaviation Group today operates a combined fleet of more than 250 business aircraft, including 18 Embraer business jets.
Bombardier announced that it has received type certification for its Challenger 300 and Challenger 350 aircraft from the Unidad Administrativa Especial de Aviación Civil (UAEAC) of Colombia, the country’s Civil Aviation Authority.
“Our Challenger aircraft portfolio is gaining strong momentum in Latin America,” said Stéphane Leroy, Regional Vice President, Sales, Latin America, Bombardier Business Aircraft. “Colombia being a growing market in the region, we are naturally proud of this certification milestone that will allow operators throughout the region to experience our Challenger aircraft and will allow us to generate further interest for these innovative and proven business jets.”
This new aircraft certification will strengthen the Challenger 300 and Challenger 350 aircraft’s position as leaders in the growing fleet of super midsize business jets operating in the region. With increased performance, definitive reliability and unmatched value, the Challenger 300 and Challenger 350 aircraft have a strong future. Latin America remains a key driver to future growth in the business jet market; in fact, Bombardier’s Market Forecast predicts that the region is expected to receive 850 unit deliveries by 2024. With more than 1,900 aircraft in the region, Bombardier is currently the market share leader.
Challenger 300 aircraft: The dependable Challenger 300 jet offers true transcontinental range and superior long-range cruise speed, with eight-to-10 passengers. Its 3,065-NM (5,646-km) range connects Toronto and Bogotá non-stop, and its superior airfield performance allows the aircraft to operate out of 5,000-ft. (1,524-m) runways with ease*. The Challenger 300 jet has exceeded customer expectations since its entry-into-service in 2004.
Challenger 350 aircraft: Built upon the legendary segment-defining Challenger 300 aircraft, the dependable Challenger 350 jet not only features the very latest in avionics, but also offers the segment’s most advanced cabin that maximizes natural light and redefines the man-machine interface, all the while maintaining the performance attributes that have become synonymous with the Challenger family. This jet boasts class-defining performance, a true seats full, tanks full, 3,200 NM (5,926 km) range that connects Bogotá with Montevideo non-stop*.
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With all of the private jet transportation companies operating today and the array of services they offer—taxi and air charter, leasing, fractional ownership, jet cards—you might think new market opportunities are scarce. That may be true in the U.S. but not so much for the rest of the world.
“There are some 700 aircraft of all types chasing the charter market in the U.S. but just 125 to 150 serving international clients,” according to Daniel Jennings, president of The Private Jet Company, a Palm Beach, Fla.-based firm that specializes in the purchase and sale of mid-size and large business jets. “Africa, China, Russia, the Middle East—these are all large and growing markets, and they’re all underserved.”
Israel Aerospace Industries is evaluating a number of designs for its light business jet and plans to present the shortlisted concepts to potential funding partners by the end of the year.
The company is keeping details of the programme under wraps for the time being.
IAI chairman Rafi Maor recently revealed that a light jet “is still being evaluated by the company and [its design] is based on a revolutionary approach”.
While IAI’s previous involvement with business aircraft start-ups has been unsuccessful, the company has been manufacturing two types of business jets, the midsize G150 and super-midsize G280, marketed by Gulfstream.