First Embraer Legacy 500 is expected to be delivered to a customer in Brazil on Thursday

The first Embraer Legacy 500 is expected to be delivered to a customer in Brazil on Thursday Embraer Executive Jets president and CEO Marco Tulio Pellegrini said today. The aircraft received certification from Brazilian aviation agency ANAC last month. Meanwhile, FAA certification of the fly-by-wire midsize is “imminent,” with this approval possibly coming later this…

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Business Jet Market ‘Perking Up,’ Says JPMorgan

Demand for new-production business jets “showed signs of perking up” in the second quarter, JPMorgan North American Equity Research notes in its latest monthly business jet market update. However, it is perturbed about macroeconomic concerns. “Updates from the business jet OEMs were generally encouraging, though mixed signals persist,” said JPMorgan aerospace analyst Joseph Nadol III.…

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Business Jet Deliveries Will Rise Next Year, JPMorgan Predicts

Business jet deliveries will stay flat this year at about 549 aircraft, 47 percent below the 2008 peak, predicts JPMorgan North American Equity Research in its latest monthly report on the industry. However, a turnaround could be imminent, as the firm expects more than 650 bizjets to be delivered in 2012. “We are forecasting a…

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JPMorgan: Business Jet Deliveries To Climb 5 Percent in 2013

JPMorgan North America Equity Research is forecasting a 5-percent rise in business jet deliveries this year, according to the firm’s latest monthly  business jet report. It predicts that 627 business jets (excluding very light jets) will be shipped this year, compared with an estimated 596 jet deliveries last year. An exact 2012 total won’t be…

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JPMorgan: Business Jet Recovery ‘Taking Hold’

“We are gaining confidence that a recovery is taking hold following good news in recent weeks,” JPMorgan North America Equity Research noted in its latest monthly business jet update. The firm cited the net orders for 74 aircraft booked by Bombardier in the fourth quarter, as well as the firm order for 50 Bombardier Globals…

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