The Weekly of Business Aviation

Private investment firm Ardian plans to divest its 49% stake in London Luton Airport, from its $67 billion portfolio, after reaching an agreement to sell the shares to global investment manager AMP Capital.

Gulfstream Aerospace delivered fewer business jets in the first quarter of 2018 compared to a year ago, although sales are strong, the company said April 25.

ARSA says it expects its industry to expand during the coming year, but also predicts a technician shortage may temper that growth.

The Teamsters union local representing Flexjet and Flight Options pilots has filed a request for mediation between the parties with the National Mediation Board.

“E.I.S Aircraft Operations is a high-growth business which provides airborne training at a disruptively low price,” Qinetiq CEO Steve Wadey said.

The EC rules that NetJets Transportes Aereos in Portugal may extend duty time of its pilots in any seven consecutive days to 70 hr. with certain limitations.

Mastering basic flying skills, maintaining situational awareness and equipment, including angle-of-attack (AOA) indicators would help prevent loss of control in flight, the leading cause of fatal general aviation (GA) accidents, panelists said April 24 during a roundtable discussion hosted by the NTSB.

Gogo, an inflight connectivity and entertainment provider, continued its leadership overhaul with several reassignments for top executives.

Boeing HorizonX’s latest venture capital investment is in a California-based startup Morf3D, specializing in the engineering and manufacturing of 3D-printed metal parts.

Savannah Service Center East will include hangar space, offices and back shops and is expected to open in the second quarter of 2019.

The EASA management board reelected Patrick Ky as EASA’s executive director for a second term of five years.

Startups in the automated drone and air taxi markets have attracted senior executives from the automotive and technology sectors as they seek to grow their operations.

Flyt has launched a digital helicopter booking service to allow customers to view quotes from multiple UK helicopter operators and to book online.

Satcom Direct, a business aviation connectivity, software and hardware provider, celebrated the opening of its new Asia-Pacific office on April 10.

Honda Aircraft will expand its China operations at Guangzhou Baiyun International Airport.

Bombardier’s Singapore Service Center at Seletar Airport in Singapore has completed its first Ka-band high-speed internet installation on a Global 6000 aircraft.

Clay Lacy Aviation has opened a 65,000-sq.-ft. aircraft maintenance facility at Waterbury Oxford Airport in Oxford, Connecticut.

Daher introduced a “Me & My TBM” smartphone app for TBM owners and operators on April 18.

Deer Jet has been awarded Overseas Repair Station recognition by the FAA, allowing it to perform maintenance on N-registered aircraft at its facilities in Beijing, Shanghai, Shenzhen and Hong Kong.

Ameco, China’s largest aircraft maintenance company, will look after the 30-strong fleet of Sino Jet under an MoU signed at Abace April 18.

The Jetex Global FBO Network is charged up over electric aircraft.

China’s Deer Jet has identified Chengdu for expansion.

The FAA is adopting a new airworthiness directive (AD) for Embraer S.A. models Embraer EMB500 Legacy 500 and EMB-505 Phenom 300 airplanes.

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Nelson Krahenbuhl Salgado has been named executive vice president of finance and investor relations for Embraer on an interim basis.