JetOptions Private Jet Charter Menu

Call JetOptions For Private
Jet Charter Call:
214-254-4997 888-535-9538 24/7

Call JetOptions For Private Jet Charter Call: 214-254-4997 24/7 Request Quote

Embraer Legacy 500 Sets Speed Records, Gulfstream G500 First Flight, Aviation Groups and ATC Reform, Jet Builders and More

Wednesday, May 15th, 2019

As lawmakers consider a major change to the current structure of the FAA as both a safety regulator and Air Navigation Service Provider (ANSP), representatives of commercial airlines and business aviation operators are divided on how to move forward. In a hearing before the Senate commerce committee on Tuesday, May 19, Ed Bolen, president of the National Business Aviation Association (NBAA) strongly opposed the creation of a private entity responsible for Air Traffic Control (ATC) while Airlines for America (A4A) Chairman and United Airlines President and CEO Jeff Smisek expressed support for the change.

Senate Hearing ATC Reform

Smisek believes the FAA should retain its current role as a safety regulator, providing certification of airplanes and ensuring safety of air transportation operations. However, A4A — with the exception of member carrier Delta Airlines, which does not support a private ANSP — is asking lawmakers to consider separating the ATC operations and safety regulation functions of the FAA and to create a new user-fee funded non-profit corporation with an independent, multi-stakeholder board of governance free from political influence over decision-making.

Continue Reading about ATC reform on aviationtoday.com »

Business jet buyers are a fickle lot. Most airlines expect a new commercial aircraft to provide reliable service for at least 12 years before a replacement is even considered. But the average owner of a corporate aircraft starts looking for an upgrade in about half that time.

It is no coincidence that business jet manufacturers seem in unison to be entering a new phase in the product development cycle. A five-year wave of launches appears to have crested, with the industry now focused on programme execution.

The EBACE convention in Geneva highlights the shift. For the first time in five years, no veils were lifted on new aircraft projects (discounting Airbus’s launch of the ACJ320neo). More glaringly, a normally reliable stream of rumoured imminent launches ran dry.

Instead, the manufacturers seem to be focused entirely on, well, manufacturing, as they attempt to make good on the promises of the last five years.

The static display outside the Palexpo centre emphasised the change in focus. There were three types – the Cessna Citation Latitude, Embraer Legacy 450 and the HondaJet – making show debuts ahead of scheduled certification milestones later this year. They should be followed in 2016 by another wave of pre-certification arrivals, and again the following year.

Continue Reading about business jet builders on lightglobal.com »

FlightAware is continuing to expand the capabilities of its global flight tracking and flight data technology, launching a new network for tracking non-ADS-B-equipped aircraft at the 2015 European Business Aviation Conference and Exhibition (EBACE) in Geneva. Beyond the new product launch though, the Texas-based flight tracking company is also looking to expand its flight tracking service to more remote areas of the world to provide airlines and operators with all of the possible surveillance data available that can help prevent the loss of an aircraft position.

FlightAware Targets Remote Markets to Expand Global Flight Tracking

Continue Reading About flightaware aviationtoday.com »

The Embraer Legacy 500 was getting high marks in the business aviation trade press even before the jet was delivered to the first customer late last year. Nearly all of the attention seemed to be on passenger accommodations, such as the six-foot flat-floor cabin and the aircraft’s 12 oversize windows—so much so that the Legacy 500, with its $20 million base price, routinely was compared to super-midsize models costing much more.

Embraer Legacy 500 Sets Records

Going forward, look for the spotlight to shine more on performance. The Embraer also makes the Legacy 650 500, which is powered by two Honeywell HTF7500E engines—the greenest in their class—recently set four new world speed records for midsize jets.

Embraer Legacy 500

The first two were set for speed over a recognized course on a round-trip flight from Oakland, Ca., to Lihue, Hawaii, a distance of 2,135 nm, with six passengers on board. The flight lasted 5 hours and 49 minutes, achieving an average ground speed of 420 mph. The return flight took 4 hours and 11 minutes at an average ground seed of 586 mph.

Continue Reading about the Legacy 500 on forbes.com »

Gulfstream Aerospace ’s new G500 business jet—a clean-sheet design that’s been in development since 2008—has taken to the skies for the first time.

Gulfstream G500 Completes First Flight

During the 2-hour, 16-minute flight on May 18, the crew exercised all primary flight control systems, evaluating handling qualities in takeoff and landing configurations, performed a simulated approach and go-around, and checked all systems using the Symmetry flight deck touchscreen controllers.

After taking off from Savannah-Hilton Head International Airport, adjacent to Gulfstream headquarters and its sprawling production and test facilities, the aircraft reached a maximum altitude of 15,000 ft. and achieved a top air speed of 194 kts. It is the first of two jets to begin flight tests, and is part of Gulfstream’s new family of large-cabin, long-range aircraft that also includes the clean-sheet G600.

Continue Reading about the Gulfstream G500 on forbes.com »

Beechcraft Avionics, Gulfstream G650ER and G280 at Paris Airshow, Aerion Opens Order Book For Supersonic Jet, Embraer Legacy 500

Wednesday, May 15th, 2019

News about Beechcraft Avionics, Gulfstream G650ER and G280 at Paris Airshow, Aerion Opens Order Book For Supersonic Jet, Embraer Legacy 500

Beechcraft, Rockwell Collins Talk Avionics Upgrade

Rockwell Collins Pro Line Fusion avionics flight deck is making its way onto the factory line for Beechcraft’s King Air turboprop aircraft. The two companies announced at the 2015 European Business Aviation Convention and Exhibition (EBACE) last week that the avionics suite will soon be offered as standard equipment on board the business jets, with touchscreen Primary Flight Displays (PFDs) and an array of improvements to enhance operations and ease strain on King Air pilots.

Pro Line Fusion King Air flight deck display

 

Continue Reading On aviationtoday.com »

Gulfstream at Paris Air Show

The Gulfstream G650ER and G280 will be on display at the 2015 Paris Air Show, June 15 through 21.

Gulfstream G650ER

Gulfstream G280

 

BusinessAviationVoice: Embraer Lands Charter-Related Sales

While airlines specialize in selling transportation by the seat, a growing number of commercial carriers around the world are discovering that selling charter flights can be a lucrative means of generating additional revenue—and provide business jet manufacturers with an ancillary market.

Embraer Executive Jets is one of the OEMs (original equipment manufacturers) that are taking advantage of airlines’ desire to expand or enter the charter business.

Middle East Airlines—Airliban (MEA) recently placed an order for one midsize Legacy 500 and an option for a second aircraft of the same model.

Embraer Legacy 500 for charter

Continue Reading about Embraer on Forbes.com »

Aerion Opens Order Book For Supersonic Jet

Aerion Corporation’s board of directors has authorized the sale of the AS2 aircraft at a price of $120 million in 2015 dollars. The initial 50 launch customers will receive preferential pricing and other benefits available only for this first tranche of orders. “This is another step forward for Aerion,” noted Aerion Chairman Robert M. Bass. “We are offering a select group of forward thinking business aviation users the opportunity to fly faster and to make history with us as we reintroduce commercial supersonic flight.”

AS2-AERIAL supersonic business jet

Aerion AS2 supersonic business jet Cabin

AS2 Supersonic business jet engines

Continue Reading On aerionsupersonic.com (pdf) »

Gulfstream G280 Adds Another Speed Record to Books, G650ER and G450 at Paris Air Show Today

Wednesday, May 15th, 2019

Gulfstream at Paris Air Show

Gulfstream G650ER is at Paris Air Show

The Gulfstream G650ER and G450 will be on display at the 2015 Paris Air Show, June 15 through 21.

Gulfstream G450 is at Paris Airshow

Gulfstream G280 Adds Another Speed Record to Books

Gulfstream Aerospace Corp. today announced that the Gulfstream G280 recently added to its growing list of city-pair records, this time linking Paris with Abu Dhabi.

Gulfstream G280 sets record

On April 24, the super mid-sized aircraft traveled from Paris-Le Bourget Airport to Abu Dhabi International Airport in the United Arab Emirates. The distance of 2,908 nautical miles/5,386 kilometers was covered in 6 hours and 16 minutes at an average speed of Mach 0.82.

Pending approval by the U.S. National Aeronautic Association, the G280’s 51st city-pair mark will be sent to the Fédération Aéronautique Internationale in Switzerland for consideration as a world record.

Gulfstream G280

“It’s a testament to the G280’s many attributes that we’ve delivered more than 60 of these aircraft to operators in 11 countries,” said Scott Neal, senior vice president, Worldwide Sales and Marketing, Gulfstream. “The G280 had the best range, speed, fuel efficiency and cabin comfort in its class when it entered the marketplace in November 2012, and nothing has changed. It is also one of the most reliable aircraft in the industry.”

Originally projected to fly 3,400 nm/6,297 km, the G280 surpassed expectations by 200 nm/370 km, resulting in more city-pair connections, excellent fuel efficiency and lower operating costs for customers. The aircraft has tremendous performance capabilities and a superior cabin with the Gulfstream-designed cabin management and high-definition entertainment systems, industry-leading sound levels, 19 super-sized windows and in-flight access to the baggage compartment.

Continue Reading On gulfstreamnews.com »

Gulfstream G650ER Video, Pension Funds, Oil Prices and Private Jets, Spike Supersonic Jet

Monday, May 13th, 2019

Take a tour of the $66.5 million private jet: Gulfstream G650ER

Gulfstream G650 ER

At the National Business Aviation Association in June, the line to catch a glimpse of the new Gulfstream G650ER private jet was the largest of the conference. The “ER” stands for the updated “extended range” version of the luxurious G650.



Continue reading on www.businessinsider.com >>


How Pension Funds, Universities and Endowments Pay for Private Jets

One of the class markers of the private equity industry is that its members routinely fly on private jets. That’s often because the larger and even some of the smaller firms charge their private jet travel to private equity portfolio companies. That means that the cost is borne first and foremost by investors in private equity like public pension funds, private pension funds, universities like Harvard and Yale, and other foundations and endowments.



 

The enormous costs of private jets, while they are borne by the investors, are almost entirely hidden from them. PE firms keep investors in the dark by having the portfolio companies they’ve bought on behalf of their investors pay these jet bills. Amazingly, investors have been fooled by this simple ruse for decades – it’s as if your stockbroker deducts his fee from your account, and you regard his services as free because you never see a bill.

Now admittedly, there are cases, if you are taking a team of people from one not-well-air-serviced location to another, when private jet travel is cheaper than flying commercial. But those instances are rare.
Continue reading on www.nakedcapitalism.com


Low oil a boom for private jet business?

As the price of oil continues its bumpy ride, the broadly lower cost per barrel could present a new business opportunity for the world’s largest private jet company.

NetJets, a subsidiary of Berkshire Hathaway which offers fractional ownership and private jet rental, told CNBC that low oil prices – now down around 50 percent from highs last summer — could boost their business.

“If you are an oil company and you’re invested in a fleet of your own private jets, clearly this is the moment where you’ll look back at your investments and your assets and think: ‘Was this the best decision?’,” NetJets’ Head of European Sales Marine Eugene said. “I think this is a tremendous opportunity for us.”

Continue reading on CNBC.com>>


Football star splashes out 10 Million for private jet

Brazilian football wizard Neymar splashed out $10 million buy a private jet and flew his friends out to Las Vegas – the party capital of the world.

Neymar jet Instagram

The Barcelona forward used it to fly to and from the Copa America tournament in Chile – but his competition was cut short for a headbutt early on.

Continue reading on www.dailystar.co.uk>>


Fly from NYC to London in 3 Hours with a Supersonic Jet

Spike Aerospace’s latest, luxury high-speed jet will be able to fly from NYC to London in just three hours

Spike Aerospace’s latest, luxury high-speed jet will be able to fly from NYC to London in just three hours. The Spike S-512 Supersonic Jet can fly 450 mph faster than any current civilian jet, which means cutting most flight times by half.

However, the supersonic experience comes at a high cost: the finished S-512 will cost between $60 and $80 million. (Which is great if your itinerary goes from “Paris to Dubai for shopping and entertainment and back home in time for dinner,” as the Spike Aerospace update suggested.)

The high-speed jet can hold 18 passengers at a time, and feature a Muliplex Digital cabin. That’s to say: a windowless cabin equipped with a high-definition, full-screen display that can play anything from a live feed of the world outside, movies, to a business presentation your team is thrilled about.

spike supersonic jet
Continue reading on psfk.com >>

 


 

Gulfstream Success With Large Business Jets, Airbus E-Fan, Private Jets Sun Valley, Cool Aviation Photos

Monday, May 13th, 2019

Gulfstream finds its flight path with spacious business jets

Investment in downturn has posed challenge to rivals

Even when the workers who build Gulfstream’s G650 business jet are on a break, it is easy to see that the world’s longest-range business jet is in demand. Every corner of the assembly building, on the edge of the historic port city of Savannah, is filled with components for new aircraft. Fuselages in various states of construction are jammed in nose to tail. Outside, aircraft wait to be fitted with luxurious interiors before heading off to start shuttling the world’s business and political elite between continents.

Gulfstream G650ER

The G650, introduced in 2012, is the most obvious illustration of how Gulfstream, part of General Dynamics, the military contractor, is benefiting from the resilient demand from the world’s wealthiest flyers for the most capable private aircraft. Demand for large jets — which accounted for 117 of the 150 aircraft that Gulfstream delivered last year — continued to grow throughout the economic downturn, fuelled by new demand from China and other emerging markets. Orders for the smaller aircraft popular with US and European companies for shorter trips slumped.

Continue reading this article about Gulfstream on FT.com ->


Airbus E-Fan flies across English Channel

Didier Esteyne flew a plane powered solely by electricity across the English Channel, despite being beaten to the challenge hours earlier by another pilot.

A French pilot has flown a manned electric plane across the English Channel, despite missing out on making history at becoming the first pilot to do so.

Airbus E-Fan

Didier Esteyne was beaten to the challenge by a few hours by stunt pilot Hugues Duval.

Airbus E fan plane

The flight in Airbus Group’s E-Fan 1.0 plane flew in the reverse direction of Bleriot’s landmark Channel crossing 106 years ago on July 25, 1909.

He said: “Like so many others in aviation history, Louis Bleriot has been a hero and inspiration to me and it gives me great pride that I am able to honour his legacy.”

Video from Telegraph:

The two-seat E-Fan has a 31ft wing-span, is two metres in height, with a total engine power of 60 kiloWatt and it operates on a 120-cell lithium polymer battery system.

Read more about the Airbus E-Fan on Telegraph.co.uk->


Private Jets Flood Sun Valley for Mogul Camp

The flood of private jets pouring into Sun Valley for the annual media mogul’s conference is likely to overcrowd the local airport, officials say.

Private jet landing Sun Valley airport

As the Allen & Co. conference kicked off at the Sun Valley Resort in Idaho, officials at the nearby Friedman Memorial Airport expected up to 200 private jets landed Tuesday, making it one of the biggest private jet events of the year.

Additional planes are projected to come and go throughout the week, as billionaires, tech tycoons and media titans head to the five-day dealfest and ideas conference that’s become known as “billionaire’s summer camp.”

Continue reading about mogul camp on CNBC.com ->


 

July’s #Avgeek Gallery: 30 Cool Aviation Photos

It’s time for the July batch of amazing airplane and aviation photos from around the globe. Here are a three of them.

Boeing Eco Demonstrator

Boeing 777 300 Chicago O hare

A380 Super Jumbo

To see more #avgeek pictures go to USAtoday.com ->


 

 

Gulfstream G500, Europe Bizav Still Sluggish, Aircraft Acquisition Planning, Embraer 3Q Aircraft Deilveries

Sunday, May 12th, 2019

Gulfstream G500 Surpasses 100 Flight Hours

Ground Testing, Avionics Checks Have Begun On Second And Third Test Articles

Gulfstream Aerospace Corp. announced that the G500 has achieved several flight-test milestones, including surpassing more than 100 hours of flight. The accomplishments come just 12 months after Gulfstream announced the all-new G500 and G600 aircraft programs in an Oct. 14, 2014, ceremony at its Savannah headquarters.

Gulfstream G500

As of Oct. 13, 2015, the G500 flight test aircraft had successfully completed more than 45 missions. The longest of those was 5 hours and 22 minutes for a total aircraft flight time of more than 100 hours. In the five months since the aircraft’s first flight, it has reached an altitude of 38,500 feet/11,735 meters and a maximum airspeed of Mach 0.80.

Gulfstream G500 display at NBAA 2014

“It’s just really exciting to see how well this aircraft is performing,” said Dan Nale, senior vice president, Programs, Engineering and Test, Gulfstream. “This plane has been flying exactly as expected, which highlights our commitment to quality and our attention to detail. It also reflects the investments we’ve made in labs to support the flight-test program. The team recently flew three missions in one day, with hot refueling between flights, for a total flight time of nearly seven hours. Our test pilots have said the aircraft’s handling qualities are exceptional.”

Gulfstream G500

Continue reading about the G500 on gulfstreamnews.com>>


 

European BizAv Activity Remains Sluggish

Periodic updates of what’s happening in European business aviation always serves as a good reality check to confirm—or balance—the promotional claims of the industry’s original equipment manufacturers (OEM) looking to grow their business outside the United States, which dominates the global market.

Overall flight activity in September was slightly higher than in August, but it was 4% lower compared with the same period a year ago due primarily to softness in Western Europe, according to WINGX, a market research firm based in Hamburg, Germany. For example, the U.K. year-over-year was down 8%. Secondary markets took a big hit, with Russia down 20% in September compared with the year-ago period, and Turkey was off 11%.

Continue reading about Europe’s business aviation activity on Forbes.com>>


 

Aircraft Acquisition Planning and Financing

One of the ultimate attractions of business aviation is the ability to take to the skies on a schedule that fits your company’s needs – be it through charter, fractional ownership, aircraft leasing or an outright business aircraft purchase.

If outright ownership isn’t right for your company’s needs, charter, fractional ownership and, to a lesser degree, aircraft leasing provide scalable options to achieve the benefits of business aircraft use, even if you’re flying only 50 hours a year.

Each form of business aviation usage offers certain advantages, based on the user’s needs and average total flying hours. What follows is a brief overview of some of the more popular options.

CHARTER AND FRACTIONAL

Air charter is often the easiest way to begin using a business aircraft. Typically it’s best for those flying around 50 hours or less per year. The cost of ownership is focused totally on usage. There are no upfront capital costs or maintenance fees. You simply pay for travel time, which makes charter ideal for those who only fly occasionally. Users can fly round-trip, one-way or from one point to another. The main drawbacks to charter are that access and aircraft availability can be limited during high-demand periods, and the tax benefits of aircraft ownership are not available.

Once you reach the 50- to 100-hour per year flying threshold, fractional ownership can start to be a more attractive option. You actually purchase a “share” of an aircraft, which often provides improved aircraft availability and certain tax benefits. However, the upfront costs are higher, since there is a capital expense in purchasing an ownership share of a business aircraft. You also pay a monthly fee for administrative and maintenance costs, plus a per-hour fee for usage. Fractional shares usually are sold for a fixed period of time – usually three to five years. Depending on the contract provisions, ownership shares can then be sold back to the provider at current market value.

Continue reading about aircraft acquisition planning on NBAA.org>>


 

Embraer Delivers 21 Commercial and 30 Executive Jets in 3Q15

During the third quarter of 2015 (3Q15), Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 21 jets to the commercial aviation market and 30 to the business aviation market, for a total of 51 aircraft. The number is 50% higher than in the same period last year, when 34 aircraft were delivered – 19 commercial and 15 executive jets.

Embraer Legacy 650 at DAL

In 3Q15, Embraer delivered the first Legacy 500 midsize jet to a customer in Mexico.

Continue reading about Embraer’s deliveries for the third quarter on embraerexecutivejets.com>>

Gulfstream G280 Performance Boost, Citation Latitude Europe Tour, Legacy 450 Certified

Sunday, May 12th, 2019

Gulfstream G280 Gets Performance Boost Through Software Upgrade

Update Improves Landing Distance, Enhances Flight Management System and Enables Synthetic Vision

Gulfstream Aerospace Corp. announced that an avionics software upgrade resulting in improved aircraft performance is now available for the Gulfstream G280.

Gulfstream G280

The new PlaneView280TM software, offered in conjunction with supplier Rockwell Collins, results in slower approach speeds, shorter landing distances, and enhanced flight management system performance.

“The G280 was already a top-performing aircraft in its class,” said Dan Nale, senior vice president, Programs, Engineering and Test, Gulfstream. “With this upgrade, the aircraft’s performance is even better. Our customers will appreciate the increased functionality and utility, the operational improvements, the enhanced display layout and the improved situational awareness.”

The upgrade reduces G280 approach speeds by up to 9 knots. The landing distance with the new software is 2,380 feet/725 meters, a decrease of 270 ft/82 m.

Continue Reading About the Gulfstream G280 on gulfstreamnews.com »


Cessna Citation Latitude begins European tour

Cessna has begun a three-week European demonstration tour of its new Citation Latitude with the annual Business and General Aviation day (BGAD), held on 15 September at London Biggin Hill airport – the first stop on its multi-city itinerary.

The $16.3 million, midsize business jet is the newest aircraft in Cessna’s 16-strong product line. It secured FAA certification in June, following a three-and-a-half year development effort, and entered service with a US owner in August.

Cessna Citation Latitude begins Europe tour

The Textron Aviation subsidiary now anticipates European validation for the nine-seat aircraft in the fourth quarter. “We are eager to get the Latitude approved in Europe so we can begin deliveries to our customers here,” says Textron Aviation’s vice-president of sales for Europe, Tom Perry.

Europe is one of the largest markets for the Citation business jet family with an inventory of around 830 aircraft…

Continue reading about the Cessna Citation Latitude European at Flightglobal.com»


Embraer Executive Jets Legacy 450 Gains EASA Certification

Embraer Executive Jets Legacy 450 has received type certification from the European Aviation Safety Agency (EASA). The aircraft has met or surpassed all design goals, exceeding targets such as range, runway performance, hot-and-high takeoff distance and maximum payload. The conclusion of the process in Europe follows the recent certification granted by the Brazil and U.S. aviation agencies.

“This is a great achievement that paves the way for deliveries to begin in the member states of the European Union as well as in EASA-associated countries,” said Marco Tulio Pellegrini, President & CEO of Embraer Executive Jets. “The Legacy 450 is a revolutionary business jet that re-enforces our commitment to deliver true innovation to the market.”

Embraer Legacy 450 EASA certified

With a range of up to 2,575 nautical miles (4,769 km), the mid-light Legacy 450 can fly nonstop from New York to Las Vegas, Dubai to Moscow and Jakarta to Hong Kong. The aircraft has the largest cabin in its class, comfortable seating for up to 9 passengers, and is the first jet in its category to replace conventional controls with full digital fly-by-wire technology.

Continue reading about the Legacy 450 on embraerexecutivejets.com»