SPS Aviation_5 Issue 5 May 2014 | Page 23

COMMERCIAL    BUSINESS AVIATION ‘Incredible hard work and dedication from our people went into the learjet 85 aircraft development programme.’ —Éric Martel President, Bombardier Business Aircraft ‘The Falcon 7X has become our fastest selling business jet ever.’ —Eric Trappier Chairman and CEO of Dassault Aviation own fees on intra-Europe flights (and possibly international flights into and out of Europe) without waiting for global “market-based measures” which the International Civil Aviation Organisation (ICAO) is attempting to formulate by 2016. “With all of this expense for AOC holders, the customer often finds a way around these limitations by going to the ‘grey’ market and flying commercially on a non-AOC aircraft,” Twidell said. “This, of course, is dangerous for both the passengers and the industry.” OEM HIGHLIGHTS Following are highlights of recent developments among the major business aviation aircraft manufacturers. Beechcraft and Cessna to Touch $4 billion in Revenues Textron which already owned Cessna, acquired Beech Holdings, parent of Beechcraft and Hawker, and has reorganised them into Textron Aviation, which together is expected to produce more than $4 billion in annual revenues. Scott A. Ernest, Cessna’s President and CEO since 2011, will lead the Textron Aviation segment as CEO. Cessna’s Citation Latitude prototype is currently in flight test mode since its maiden flight in mid-February. The twinjet is said to have already achieved its “full performance envelope.” The aircraft features a new, larger fuselage with the wings, tail, and systems of the Citation Sovereign+, Garmin G5000 avionics, and is the only Cessna jet with a flat floor. US Federal Aviation Administration (FAA) certification is anticipated in the second quarter of 2015. “We have several exciting products launching in Europe this year – we expect the Citation M2, Cessna Grand Caravan EX, and Cessna TTx to all achieve European Aviation Safety Agency (EASA) type certification in 2014,” said Tom Perry, Cessna Vice President of Sales, Europe. “Each aircraft brings distinctive capabilities to the European market and we anticipate they will be extremely popular with our customers.” Bombardier’s Learjet Programme The Bombardier Aerospace Learjet 85 aircraft successfully completed its first flight in April. All flight controls were said to be exercised with the systems and the aircraft performed as expected. Éric Martel, President, Bombardier Business Aircraft, stated, “Incredible hard work and dedication from our people went into this aircraft development programme. This includes our sites in Wichita, United States; Querétaro Mexico; and Montréal, Canada, as well as our facility in Belfast, Northern Ireland.” www.sps-aviation.com ‘We have this perfect situation in the phenom 300 where we have the market leadership and the highest price in the segment.’ —Frederico Fleury Curado, President and CEO,embraer ‘Over the last decade, we’ve been heavily investing in Gulfstream, and that investment is beginning to pay off.’ —Phebe N. Novakovic Chairman & CEO of Gulfstream parent General Dynamics Dassault Falcon 5X on Track for Early 2015 Delivery Dassault Falcon says progress of its new Falcon 5X business jet is going well with the first flight still on track for early 2015. The company hopes to certify the new type in 2016, followed by a first delivery in 2017. Dassault has delivered its 250th Falcon 7X. Eric Trappier, Chairman and CEO of Dassault Aviation, said, “The Falcon 7X has become our fastest selling business jet ever.” The fleet has accumulated more than 2,50,000 flight hours since it was introduced in 2007. Embraer’s Strength The business aviation strength of Embraer has been in the very light jet category. They recently delivered the 300th copy of the Phenom 100, and are approaching the 200-mark for the larger Phenom 300. “The [Phenom] 300 is really performing well, selling well, and has a strong pricing. We have this perfect situation in the 300 where we have the market leadership and the highest price in the segment,” President and CEO Frederico Fleury Curado said. When Embraer’s new Legacy 500 finally debuts later this July, it will be the first fly-by-wire aircraft in the midsize business aviation class. Embraer has been rounding out its executive aircraft line, adding the Legacy 450 and 500 models in between the Phenoms and larger Legacy 600/650 and Lineage 1000 types. Gulfstream Gulfstream delivered 39 aircraft during the first quarter of 2014, a 34.5 per cent increase from a year ago, including 33 large-cabin and six mid-size jets. Phebe N. Novakovic, CEO of Gulfstream parent General Dynamics, said, “Over the last decade, we’ve been heavily investing in Gulfstream, and that investment is beginning to pay off.” The new flagship, the Gulfstream 650, is the world’s fastest private jet (it broke the city-pair speed record for New York to Mumbai, making the 6,754 nautical mile trip in 13 hours and 49 minutes). There’s a three-year waiting list with more than 150 buyers already. However, the G650 is now available for charter in Europe for the first time – only £99,000 (about $1,66,000) for a roundtrip from London to Dubai. The high-tech luxury interior includes a full bar and kitchen and accommodates up Ѽ(