FAI completes Nuremberg FBO expansion, The Year of the Private Jet Lessor, Widespread Storm Creates Single Worst Winter Travel Day + MORE Feb 14th

JSSI offers new Honeywell engine programme

JSSI offers new Platinium engine programme for the Honeywell HTF7350.

 JSSI offers new Honeywell engine programme

Jet Support Services Inc has introduced a new Platinum Engine Programme for the Honeywell HTF7350, which powers the new Bombardier Challenger 350 business jet.
Neil Book, president and CEO of JSSI, said: “As deliveries of the new Challenger 350 aircraft come to market, JSSI is ready to provide buyers a comprehensive Engine Program that will enhance their warranties and provide financial stability to their asset investment for years to come.”…

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FAI completes Nuremberg FBO expansion

After only 8 months of construction time German Air Ambulance and VIP Operator FAI rent-a-jet AG has opened its Hangar 7 at Nuremberg International Airport. This expansion is boosting FAI’s total hangar space to more than 5,000 m2 plus another 4,000 m2 of maintenance shops and offices for engineering and administration. With a usable space of more than 9,000 m2, this is representing one of the largest FBO’s in Germany’s General Aviation. Simultaneously FAI has created a unique FBO-concept: the ground operation is designated to landside, while aircrafts arrive and depart through 2 roller gates separating FAI’s ground operation from the secured airport operation.

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Nearly 6,000 and counting. That’s the number of flights cancelled as of noon on February 13th. Already this year, there have been more than 71,000 cancellations—and we’re only six weeks in. If you want to get a sense of what this means for travelers across the country, just take a look at FlightAware’s aptly named Misery Map, which highlights not only where the bottlenecks are worst, but also how they’re impacting the rest of the aviation system.

If you’ve got an airline ticket for the next few days—or have any important travel scheduled during this wild winter—we’ve got some advice for navigating the storms….

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Widespread Storm Creates Single Worst Winter Travel Day

Heavy, wet snow crippled travel options for millions of people Thursday, with more than 5,800 canceled flights by midmorning making for the worst single travel day this winter, according to masFlight.

The current storm has so far caused about 11,600 cancellations, compared with 9,700 during last week’s weather incident Feb. 2-6, said masFlight, a data company specializing in airline operations.”I think this has a bigger effect because it’s up and down the coast,” said Michael Benjamin, CEO of FlightView, a flight tracking site.

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In 2014, we could finally see a private jet lessor match the kind of success enjoyed by helicopter leasing companies over the past few years.
Leasing aircraft is common practice in the airline world, with many airlines choosing to lease aircraft rather the purchase them outright.
There are many reasons why airlines choose to do this – from a lack of start-up capital through to leasing new aircraft until ordered aircraft are delivered – but the one thing that ties all of these reasons together is that the airlines in question don’t have a costly asset on their books depreciating rapidly…

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ExecuJet Indonesia prepares to move to new facility at Bali International Airport.

ExecuJet will move to new Bali facility

PT ExecuJet Indonesia, a joint venture between ExecuJet Aviation Group and majority owner PT Dimitri Utama Abadi, is preparing to move from the temporary general aviation  terminal at Bali International Airport to a brand new private jet facility in the next two months…

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