Europe BizAv, Legacy 650E Unveiled, All-New G500 Interior, G600 Progress, Business Aviation Financing
Posted on November 4th, 2016
We always keep up to date with training, education, and news about our industry to better serve our clients. Here are some of the business aviation news articles and stories that grabbed our attention this week:
All business aviation roads lead to Basel
Basel has always been synonymous with European business aviation. Home to one of the continent’s key airports for private aviation, along with a host of marquee business aviation companies, the city has established itself as one of the industry’s de facto capitals.
Later this month, on November 24, aviation consulting and airworthiness management services provider CAMO4Jets and Jet Aviation jointly organize a one-day conference dedicated to the latest insights in aircraft maintenance and cabin completion.
“From financing the purchase of an aircraft, keeping a current jet properly maintained, or planning a cabin refurbishment, the business aviation value chain is diverse and complex – but Basel covers it all as a one-stop-business-aviation-shop,” says CAMO4jets Managing Partner Colin Brickman.
Continue reading about European business aviation conference at Basel->
Embraer Unveils EMB650 Derivative
Embraer has long touted the near-perfect dispatch reliability of its large-cabin Legacy 650 business jet. As a testament, the Brazilian OEM (original equipment manufacturer) today unveiled a new version of the aircraft that comes with an unprecedented 10-year, 10,000-flight-hour warranty—the longest available industry-wide, according to Tulio Pellegrini, president and CEO, Embraer Executive Jets.
Entry into service of the Legacy 650E, featuring automation and technology updates, is scheduled for 2017. It will carry a list price of $25.9 million.
Continue reading about the Legacy 650 on Forbes.com->
Gulfstream Unveils All-New G500 Interior
Customer-Centric Focus Drove Flexible, Comfortable, Customizable Cabin
Gulfstream Aerospace Corp. today debuted the all-new interior for the Gulfstream G500, revealing a wide-cabin space designed to exceed customer expectations of comfort, connectivity and flexibility. The unveiling took place at the National Business Aviation Association’s Business Aviation Convention & Exhibition (NBAA-BACE), where Gulfstream is showing off the first G500 outfitted production aircraft.
“The G500 interior was designed in close collaboration with our customers and provides an industry-defining, unmatched passenger experience,” said Mark Burns, president, Gulfstream. “Since revealing the redesigned G600 cabin at NBAA-BACE last year, we have gathered extensive feedback. We combined that feedback with additional customer insights, to deliver a customer-centric interior design for the G500.”
The new seat design is one of the elements that has benefitted the most from customer feedback. The seats feature innovative design techniques and ergonomic enhancements that improve comfort and reduce fatigue levels.
Customization continues throughout the cabin with a focus on flexibility. The aircraft has forward and aft lavatories and a full-size galley that can be located either forward or aft. The galley features a steam oven as an option, an interchangeable beverage maker and a refrigerator that can be placed above or below the counter, depending on the desire for storage or counter space. Customizable flooring options like stone and wood can be selected for the entry, galley and lavatories.
Continue reading bout the G500 interior on Glufstreamnews.com->
Gulfstream G600 Progressing Toward First Flight
First Aircraft Delivered To Flight Test; Four Others In Production
Gulfstream Aerospace Corp.’s all-new Gulfstream G600 continues to progress toward its first flight.
The first G600 test aircraft has been delivered to the Flight Test Center in Savannah for instrumentation and has completed ground vibration testing. Four additional test aircraft, including one that will be outfitted with a full interior, are in various stages of production, ranging from fuselage joining to systems testing. The G600 structural test article is complete and that testing has begun.
“We are moving steadily toward the first flight of the G600 on all fronts,” said Mark Burns, president, Gulfstream. “We’ve accomplished several milestones, including producing the first aircraft, installing flight-test instrumentation, powering up the aircraft and conducting ground tests. All of the lab testing we’ve done has met our expectations and helped prepare us for a successful flight-test program. We’re looking forward to seeing the G600 in the skies over Savannah soon.”
More than 55,000 hours of testing have been completed in Gulfstream’s state-of-the-art lab facilities, which include a Systems Integration Bench, cabin and flight deck Integration Test Facility (ITF) and Iron Bird for both the G600 and its sister ship, the G500. The G600 Iron Bird completed its first flight earlier this year.
Continue reading about the G600 on Gulfstreamnews.com->
Mixed Signals On Available Finance
In a recent survey of 200 business aviation professionals, 51% expect the availability of finance for the sector to increase between now and 2019, according to research by Global Jet Capital, one of the major lenders in the acquisition of business aircraft.
However, one out of five—not exactly an insignificant percentage—believe the level of funding over the same period will decline.
In the same survey, 16% of business aviation professionals believe a lack of finance contributed significantly to the 4.7% decline in business jet deliveries in the first quarter of 2016, compared to the same period a year ago.
Still, Global Jet Capital’s research also indicated that about 60% of the industry professionals surveyed believe the U.S. business aviation market is “very attractive” for business aviation finance companies, with the next most attractive region being Canada.
“A lack of available finance for those looking to buy [midsize and large-cabin] business jets was one of the main reasons we entered this market,” said Dave Labrozzi, chief operating officer.
Continue reading about business aviation lending on Forbes.com->
Tags: business aviation, embraer, NBAA 2016, Jet Aviation Basel, Legacy 650E, G500 interior, G600 progress, Business aviation lending
