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Monday
Dec102007

The “Long Ranger” Rides High in Value

In the midst of all the usual confusion with the economy, real-estate woes and the subprime lending practices offering fuel for a possible recession, general and corporate aviation value trends continue to remain generally stable. Even the nearly $100 per barrel price for crude oil seems to get at the most a raised eyebrow at the pump. After a possible grumble, it’s wheels up, and life goes on. It’s the American way.

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Tuesday
Nov272007

World Fuel to Acquire AVCARD

The upcoming merger between World Fuel Services (WFS) and AVCARD is expected to generate significant growth opportunities for both companies. “We will now be able to market our flight support and third-party services to all of AVCARD's customers, while at the same time providing AVCARD's robust data capture and reporting solution to our current customers, as well as those of our strategic partners,” said Paul H. Stebbins, WFS chairman and CEO, in a company statement.

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Tuesday
Nov272007

Signature's Portfolio Bulges with New FBO Acquisitions

Signature Flight Support's acquisition spree passed new milestones this fall. In October, Signature acquired Marathon Flight Services at Kissimmee, Fla., Gateway Airport and Carolina Air Center in Hilton Head, S.C. This month, Signature announced it had acquired Regent Aviation's FBOs in St. Paul and at the Rochester International Airport in Minnesota.

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Tuesday
Nov132007

Identifying Expansion Opportunities in the Middle East

Sales of aircraft at this week's Dubai Airshow have already exceeded $75 billion and are a fresh indicator of business aviation's fast-paced growth in the Middle East. "Interest in Boeing Business Jets and VIP models continues to grow in the Middle East, and, in fact, 29 percent of our customer reside there, followed by 26 percent in North America and 23 percent in Europe," says Vicki Ray, a Boeing spokeswoman.

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Tuesday
Nov132007

Bombardier's Learjet NXT Reels in Letters of Intent

Bombardier's new Learjet NXT product was launched less than one month ago, and the midsize aircraft has already generated more than 65 letters of intent. In size, the aircraft falls between Bombardier's $13.3 million Learjet 60XR and $21 million Challenger 300. It seats eight passengers, has a 3,000-nm range, a high-speed cruise of Mach 0.82, and a transcontinental range pushing 3,000 nautical miles.

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Tuesday
Oct232007

Business Jet Aligns Charter Operators to Find and Sell Empty Seats

Business Jet Seats, a new venture based in West Palm Beach, Fla., is on the hunt to aggregate and fill empty charter jet seats and generate more revenue for its member charter operators.

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Tuesday
Oct232007

Jetscape Plans FBO Expansion

Jetscape Services, the owner of one FBO at Ft. Lauderdale/Hollywood International Airport, is working on an acquisition plan that could take it into Latin America among other markets. This plan hinges on Jetscape's recent announcement that it is working with the Frost Group, LLC, a private technology investment company in Miami.

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Tuesday
Oct092007

Avfuel's Creativity Enhances FBO Visibility

FBOs seeking to refuel their business development efforts consistently have access to new tools, thanks to Avfuel, a fuel source and a provider of unique marketing support for FBOs. AVCLUB, a program launched this year for Avfuel's FBOs and pilots, is an online forum that enables pilots to earn and monitor AVTRIP Points, which accumulate toward savings bonds, and discounted rates on industry magazines and AC-U-KWIK books.

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Tuesday
Oct092007

Flightline and Team Break Ground on TLH'S New Avant Garde FBO Features

The Tallahassee Regional Airport is fast becoming home to one of the most sophisticated FBOs in the Southeast. New resources under construction at TLH will better position it to service cutting edge general aviation technology, including light jets, according to a press statement announcing the developments.

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Tuesday
Sep252007

PFM and ARINC Develop New Automated Management Features

Professional Flight Management recently announced that it is working with ARINC Direct to jointly develop technology solutions that automate flight management departments. Projects under way include enabling PFM to display domestic and international off/on position reports directly from ARINC, with automated updates; enabling PFM to pull online fuel data from ARINC Direct; and enabling PFM customers to request and display ARINC Direct flight plans without leaving PFM.

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