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Magazine Issue

The Weekly of Business Aviation, August 17, 2015

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Suppliers

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Buffett Places $37 Billion Bet On Airplanes

Aug 15, 2015
In agreeing to pay $37.2 billion for specialty metals and parts supplier Precision Castparts, Berkshire Hathaway CEO Warren Buffett signals his confidence that demand for large commercial jets will continue to outpace global economic growth.
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Law Firms Investigate Precision Castparts Sale Price

Aug 12, 2015
Several securities law firms say they are investigating claims on behalf of investors in Precision Castparts Corp. about the company’s acquisition by Berkshire Hathaway.
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Citation M2 OK’d For High-Elevation Airports

Aug 11, 2015
Cessna Aircraft’s Citation M2 business jet has received certification to operate at high-elevation airports.

Forecasts/Industry Data

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July Business Aviation Activity Up Slightly In Western Europe

Aug 10, 2015
Business aviation flight departures in Europe during July totaled 81,081, up 0.3% from a year ago.
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Industry Data: Business and Personal Aircraft ­— 2Q Unit Shipments

Aug 18, 2015
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Intelligence

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Business Aviation Flight Hours Up In Second Quarter

Aug 18, 2015
Business aviation is operating at 83% of the sector’s peak levels of 2008, according to Jet Support Services, Inc., which tracks business aircraft flight hours. Flight hours in the second quarter grew 2.9% from a year ago. Q1 2008 marked the decade’s highest activity rate, JSSI said. In the second quarter of this year, monthly usage totaled 27.75 hr. per aircraft, down from the 2008 peak of 33.45 hr., but up notably from the first quarter of this year.

OEMs/Suppliers

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Gulfstream G500 Completes Test Flights, Flight Hours

Aug 11, 2015
Gulfstream Aerospace’s G500 business jet has completed five test flights and 15 flight hours since it first flew on May 18, the company says.
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Embraer’s Legacy 450 Receives Brazilian Certification

Aug 13, 2015
Embraer has received Brazilian certification for its Legacy 450 mid-light jet, the company said.
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Honda Aircraft Adds To HondaJet Order Book

Aug 12, 2015
Honda Aircraft said it received multiple orders for its HondaJet light jet at the Latin American Business Aviation Conference & Exhibition in Sao Paulo, Brazil.

Regulatory/Legislative

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FAA: Pilot Reports Of UAV Sightings Up Dramatically

Aug 13, 2015
Pilots have reported seeing unmanned aircraft more than 650 times so far this year, the FAA says, a dramatic increase over the 238 sightings reported in all of 2014.
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Review Of FAA Oversight Of Unapproved Aircraft Parts Begin

Aug 18, 2015
The Office of Inspector General is initiating an audit of the FAA’s oversight of Suspected Unapproved Parts for the aviation industry. The audit follows a request in March from the ranking members of the House Transportation and Infrastructure Committee and the Subcommittee on Aviation. The members are concerned about the risks the unapproved parts present to aviation safety.
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FAA’s Huerta: ‘Equip 2020’ Deadline Won’t Be Extended

Aug 18, 2015
Don’t expect the deadline to comply with the FAA’s NextGen mandate to move beyond 2020, FAA Administrator Michael Huerta said during a meeting with reporters at AirVenture Oshkosh. It won’t. “Don’t wait until the last minute,” Huerta said. “The mandate is not going away.” The FAA has mandated that almost all aircraft flying in U.S. airspace above 10,000 ft. must be equipped with ADS-B Out avionics equipment by Jan. 1, 2020.

Fractionals

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Flexjet Accelerates G450 Deliveries Due To Strong Demand

Aug 14, 2015
Fractional ownership company Flexjet is stepping up deliveries of Gulfstream G450 aircraft because of heavy market demand for international private jet travel, the company said.

Research/Development

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Aerion Appoints Equus Sales Rep For Supersonic Jet

Aug 10, 2015
In the next step toward bringing a supersonic business jet to market, Aerion Corp. has appointed Equus Global Aviation as its exclusive authorized sales representative for Central and South America, parts of the Caribbean and Mexico, the company said.

Operations

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Offshore Oil And Gas Operators Cut Aircraft, Slash Jobs

Aug 18, 2015
LONDON – Reduced activity in the oil and gas industry caused by a fall in energy prices is continuing to weigh heavily on helicopter operators that support energy companies. International operators such as Bristow Group and CHC have cut flying rates and laid off pilots as their clients halt exploration work and reduce the numbers of people required to work offshore.

Safety

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NTSB: Faulty Carburetor Likely Cause of Harrison Ford’s Accident

Aug 11, 2015
A federal report cites a faulty carburetor that led to the loss of engine power as the probable cause of the crash of Harrison Ford’s vintage aircraft, which sent the movie actor to the hospital with serious injuries.

Business Aviation Briefs

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Honeywell Receives OK For Falcon 900, 900B FANS

Aug 18, 2015
Honeywell Aerospace has received FAA aftermarket certification for a Future Air Navigation Systems, or FANS, for Falcon 900 and 900B aircraft. It will allow operators to retrofit compliant technology into existing hardware instead of upgrading cockpit systems completely, and make meeting the FAA’s Equip 2020 mandate more cost-effective, Honeywell said. Honeywell is also planning on an aftermarket certification for other legacy aircraft for the FANS mandate.
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Baltic Aviation Academy Expands Fleet With Tecnam P2006T

Aug 18, 2015
Baltic Aviation Academy, based in Lithuania, is expanding its fleet with a Tecnam P2006T aircraft. After buying five Tecnam aircraft last year, the…
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Embraer Delivers First Legacy 500 To Mexico

Aug 18, 2015
Embraer Executive Jets delivered its first Legacy 500 midsize jet to a customer in Mexico. The aircraft will be operated by Transpais Aereo, a subsidiary of the Lomex Group Aeronautics Division. The Legacy 500 received type certification from Mexico’s Civil Aviation Safety Authority in June.
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IBE Announces Falcon 900DX Sale

Aug 18, 2015
The International Bureau of Aviation has announced the sale of a Falcon 900DX to a Canadian buyer on behalf of a private client. The IBA has been…
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flyADVANCED Expands Charter Fleet

Aug 18, 2015
Aircraft management company flyADVANCED has added a Falcon 50EX and King Air B350i to its charter fleet. That brings its total charter fleet to 10…
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Pentastar Adds 11 Aircraft To Keep Up With Growth

Aug 18, 2015
Pentastar Aviation has added 11 aircraft to its aircraft management fleet in the past 10 months, the Waterford, Michigan-based company said. Pentastar has added three Hawker 400s, a Hawker 850, a Citation Sovereign, a Falcon 2000LXS, a Gulfstream GIV, three Gulfstream GVs and an MD-81. Improvements in the economy are allowing more companies to use business aviation, the company said.
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FlightSafety Selects Aeroglobo For Engine

Aug 18, 2015
FlightSafety International has selected Aeroglobo to provide Pratt & Whitney Canada Engine training in Brazil, the company said. Training will be offered at Aeroglobo’s facility in Botucatu, Brazil, for P&WC PT6T, PT6A, PT6B, PW100-Series, PW200-Series and PW500 engines. The facility will be equipped with training engines and FlightSafety’s Graphical FlightDeck and desktop simulators, and instructors will provide classroom and hands-on instruction.
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AIE Completes Data Recorder Installation

Aug 18, 2015
AIE, based in Murrieta, California, has completed the first installation of the L-3 Modular Airborne Data Recorder/Acquisition System Single-LRU in the DHC-6-300 Twin Otter, the company said. The FA5300 series records up to 2,048 words-per-second for a minimum of 25 hr. and has the capability of recording four channels of high-quality audio for up to 2. hr.

Airworthiness Directives

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Airworthiness Directives

Aug 18, 2015
KIDDE GRAVINER hand-operated fire extinguishers [Docket No. FAA-2014-0751; Directorate Identifier 2013-NM-188-AD; Amendment 39-18229; AD 2015-16-04] …

Appointments

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Appointments

Aug 18, 2015
​David Hoyt has joined Greenwich AeroGroup as director of government business development. Hoyt’s responsibilities include the development of new U.S…

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Calendar

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Upcoming Events

Aug 18, 2015
Aug. 22-23—Shoreham Airshow, Brighton City (Shoreham) Airport, West Sussex, www.shorehamairshow.co.uk/ Aug. 25—9th Asia-Pacific Congress of Aerospace Medicine, Beijing, China, www.apfama.org/2014 Aug. 25—10th Chinese Conference of Aerospace Mediciner, www.apfama.org/2014