G500 Test Aircraft Completes 1st Flight, Large Cabin Aircraft Demand Slows, Lowers Values, Cessna Citation Latitude EASA Certified

Fourth Gulfstream G500 Test Aircraft Completes First Flight

Fifth Test Aircraft Now In Completions For Outfitting

Gulfstream Aerospace Corp. announced that the fourth Gulfstream G500 test aircraft, T4, has completed its first flight and officially joined the G500 flight-test program.

The fourth G500 test aircraft before its first flight

The G500 took off from the Savannah-Hilton Head International Airport at 9:47 a.m. on Saturday, Feb. 20, with Flight Test pilots Eric Holmberg and Brian Dickerson at the controls. Flight Test engineers Dominic Pompeo and Mark Mondt provided onboard test and data analysis.

The fourth G500 flight-test aircraft during its first flight

The aircraft climbed to a maximum altitude of 51,000 feet/15,545 meters and reached a maximum airspeed of 340 KCAS/Mach 0.925. During the 3-hour and 17-minute flight, the crew exercised all primary flight control systems, performed functional checks of air data and cabin pressurization systems and completed a series of engine performance measures. The aircraft landed back in Savannah at 1:04 p.m. local time.

The fourth G500 test aircraft comes in for a landing after its 3-hour and 17-minute first flight.

“The first flight of T4 speaks to the growing maturity of the G500 flight-test program and the significant development we completed before we even launched flight test in May 2015,” said Mark Burns, president, Gulfstream. “To have four first flights and more than 580 flight hours in just nine months is quite an accomplishment.”

Continue reading about the G500 on gulfstreamnews.com>>


Slow Going for Heavy Iron

For evidence of the soft demand for large-cabin business jets, look no further than Bombardier , where the market segment slump seems to be especially pronounced.

Based on recent guidance from management, the company expects to deliver 150 business jets this year, down about 25% from total deliveries in 2015. Some industry analysts estimate that at least half of the decline is due to lower Global 5000/6000 production rates as the large-cabin aircraft fall from 73 to 50 aircraft in 2016. Meanwhile, the first flight of the highly anticipated Global 7000 is still scheduled for later this year.

Global 5000 lower production rates

On a more encouraging note, the Bombardier Business Jet team can take some comfort in the fact that production of Challenger 350 business aircraft in 2016 is relatively stable. Bombardier expects to build about 60 of the super-midsize jets, compared to 68 last year.

production of Challenger 350 business aircraft in 2016 is relatively stable

Continue reading about demand for large cabin business jets on Forbes.com>>


Singapore Air Show: “On time” Gulfstream says it is benefiting from competitors’ delays

Upbeat Gulfstream says it is benefiting from delays to its rivals’ new long-range, large-cabin business jet programs, while its developmental duo is still on schedule.

Both Bombardier’s Global 7000 and 8000, and Dassault’s 5X have been hit by hitches that have pushed back likely certification by up to two years.

Global 7000 delayed

Gulfstream, meanwhile, says its newest types, the G500 and G600, are on track for entry into service as planned, in 2018 and 2019 respectively.

“We have a very long history of delivering on our promises,” Gulfstream’s senior vice-president, worldwide sales and marketing Scott Neal said at the show, citing the on-time arrival of its previous programmes, the G550 and G650/G650ER. “What we deliver matches what we say. It is a differentiator that helps us win business.”

Continue reading about Gulfstream on Flightglobal.com>>


Large-cabin business jet squeeze hits values

Throughout 2015, the large-cabin, long-range business jet segment showed some serious signs of weakness in light of slowing demand from an emerging markets slowdown and reduced orders from oil-producing countries, according to Flightglobal’s Ascend consultancy. This also triggered a slump in the residual values of many established models in this niche sector, it says.

In its latest ViewPoint newsletter, Ascend highlights a 16% year-on-year decline in the market value of the Gulfstream G550, and a similar fall in value during the same period of its smaller, large-cabin stablemate the G450.

G550 values drop 16%

Bombardier’s top-of-the-range Global 6000 and 5000 fared better in 2015, says Ascend’s senior consultant and newsletter author Daniel Hall, but “G650 [prices] took a 10% hit and the Dassault Falcon 7X [values are] down 9%, year-on-year.”

In comparison, Bombardier‘s Challenger 604 performed relatively well, with values falling by only 6% in 2015, compared with the previous 12 months, but its newer sibling, the 605, “saw an 18% hit,” says Hall.

Continue reading about large cabin values drop on Flightglobal.com>>


GAMA Unveils 2015 Year-End Shipment and Billing Numbers at “State of the Industry” Press Conference

The General Aviation Manufacturers Association (GAMA) today released the 2015 worldwide year-end aircraft shipment and billing numbers at its annual “State of the Industry” press conference at the Newseum.
GAMA Chairman Aaron Hilkemann, President and CEO of Duncan Aviation, announced that total worldwide general aviation (GA) airplane shipments fell 4.6 percent, from 2,376 units in 2014 to 2,267 units in 2015. Billings for GA airplanes also dropped to $20.9 billion, down 4 percent from $21.8 billion in 2014. Worldwide rotorcraft shipments fell 4.4 percent, from 998 units in 2014 to 954 units in 2015, while billings dipped 21.9 percent, from $4.9 billion to $3.8 billion.

Shipments of piston-engine airplanes fell for the first time since 2010, down 6.5 percent, from 1,129 units in 2014 to 1,056 units in 2015. Turboprop airplane shipments also declined, from 603 units in 2014 to 557 units in 2015, a 7.6 percent drop. Preliminary business jet shipments were relatively flat, up 1.6 percent, from 644 units in 2014 to 654 units in 2015. Shipments of piston helicopters rose 8.6 percent, from 257 units in 2014 to 279 units in 2015. Turbine helicopter shipments, based on initial data, softened from 741 units in 2014 to 675 units last year.

“The mixed 2015 year-end numbers among the various sectors reflect a market characterized by plummeting energy sector revenue, economic uncertainty, and currency fluctuations in key GA markets such as Brazil, Europe, Russia, and China,” GAMA President and CEO Pete Bunce said. “Given the relative strength of the North American GA market, it is particularly important that the U.S. Congress proceed quickly to pass an FAA reauthorization bill that contains certification streamlining and other regulatory reforms that allow manufacturers and repair/overhaul organizations to deliver products more efficiently and make the FAA workforce more productive.”

“In fact, with both the U.S. and Europe looking to revise the rules governing their leading safety authorities, we are at a unique moment that brings with it opportunities and challenges in areas such as leveraging resources, certification efficiency, and better regulation for GA,” Bunce continued. “As a global association, GAMA will continue to work for more effective and efficient regulatory systems worldwide that improve safety and ensure manufacturers, repair and overhaul centers, and our supply chain can get their products into customers’ hands without delay.”

2015 AIRCRAFT SHIPMENTS AND BILLINGS COMPARED TO 2014
 Airplane
2014
2015
CHANGE
Pistons
1,129
1,056
-6.5%
Turboprops
603
557
-7.6%
Business Jets
644
654
+1.6%
Total Shipments2,376
2,267
-4.6%
Total Billings$21.8B$20.9B-4.0%
 Rotorcraft
2014
2015
CHANGE
Pistons
257
279
+8.6%
Turbine
741
675
-8.9%
Total Shipments998
954
-4.4%
Total Billings$4.9B$3.8B-21.9%

Notes:

This report was updated for Bombardier year-end results on February 17, 2016. The amended report can be found online at:
https://www.gama.aero/media-center/industry-facts-and-statistics/shipment…


Cessna Citation Latitude achieves EASA certification and La Mole operational capability

Cessna Aircraft Company announced its Cessna Citation Latitude midsize business jet has received certification from the European Aviation Safety Agency (EASA) with deliveries underway in the region.

“We are thrilled to offer the Citation Latitude to our European customers,” said Kriya Shortt, senior vice president, Sales and Marketing. “This aircraft is ideally suited for this market and can provide customers non-stop access to key destinations throughout the continent as well as North Africa and the Middle East. Customer input was a key driver in the development of the Latitude, which brings the amenities of large-cabin aircraft at a midsize acquisition price and best-in-class operating costs.

Cessna Citation Latitude at La Mole Airport

With a maximum range of 5,278 kilometers (2,850 nautical miles), the Latitude can easily fly non-stop from locations throughout Europe such as London to St. John’s or Lisbon to Moscow. It also recently received certification to operate into and out of La Mole Airport – a popular European vacation destination in St. Tropez, France. The Latitude joins a short list of aircraft able to operate at La Mole, which requires this special authorization due to the strict aircraft performance requirements, dense terrain and heavy airport traffic at the airport.

Continue reading about the Cessna Citation Latitude on txtav.com>>

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