Category: Business Jet News (Page 3 of 10)

Fly JSX and Earn United Airlines MilagePlus Miles

June 3, 2022 / WIL BALDWIN

Experience hop-on jet service while earning United Airlines MileagePlus miles when you book a flight with JSX.com

Introducing JSX, where you can enjoy the speed and freedom of private air travel without typical private jet fares. When you book a flight with JSX, you’ll enjoy:

Streamlined check-in and boarding in minutes from private terminals
Pet friendly travel to popular destinations across the United States
Business class snacks, amenities, and legroom

For a limited time, MileagePlus® members can earn up to 11x bonus miles on tickets purchased from JSX and flown between June 1, 2022 and August 31, 2022.*

*Terms and conditions:

To receive mileage credit, present your MileagePlus number when you make reservations.

Bonus Miles Promotion Terms and Conditions:

Offer is available only to MileagePlus members who purchase a ticket through JSX and travel on a flight operated by JSX.
All flight activity for applicable segment must be completed between June 1, 2022 and August 31, 2022.
Tickets purchased prior to June 1, 2022 are not eligible.
All flight activity must be posted to the member’s MileagePlus account in order to qualify for this promotion.
Flights on award travel tickets, and other tickets that do not earn Premier qualifying credits, do not qualify for this offer.
Offer may be earned for a maximum of one time and is not combinable with other offers.
Offer is subject to cancellation or change without notice. Other restrictions may apply.
All calculations and other determinations made in connection with this offer will be made by United or JSX, as applicable, in its discretion and are considered final.

**Free checked bags terms and conditions apply. Please visit jsx.com/faqs for the additional information.

Embraer Announces Earning Results for Third Quarter 2021

November 5, 2021 / WIL BALDWIN

São Paulo, Brazil, November 5, 2021 – Embraer (NYSE: ERJ) announced the company’s operating and financial information on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented in this document as of and for the quarters ended September 30, 2021 (3Q21), June 30, 2021 (2Q21) and September 30, 2020 (3Q20), are derived from the unaudited financial statements, except annual financial data and where otherwise stated.

HIGHLIGHTS

• Embraer delivered 9 commercial jets and 21 executive jets (14 light / 7 large) in 3Q21, bringing the year-to-date deliveries to 32 commercial jets and 54 executive jets (36 light /18 large). Following solid sales activity in the period across businesses, total company firm order backlog at the end of 3Q21 was US$ 16.8 billion;

• Revenues in 3Q21 reached US$ 958.1 million, representing year-over-year growth of 26.3% compared to 3Q20, with double digit growth in all segments;

• Excluding special items, adjusted EBIT and EBITDA were US$ 35.7 million and US$ 79.2 million, respectively, yielding adjusted EBIT margin of 3.7% and adjusted EBITDA margin of 8.3%. In the first nine months of 2021, adjusted EBIT margin was 3.8% and adjusted EBITDA margin was 8.9%;

• Adjusted net loss (excluding special items and deferred income tax and social contribution) in 3Q21 was US$ (33.9) million, with adjusted loss per ADS of US$ (0.18);

• Embraer generated free cash flow in 3Q21 of US$ 21.3 million, and in the first nine months of 2021 free cash usage was US$ (160.2) million. The positive free cash flow in 3Q21 represented the first time in more than 10 years the Company generated cash in the usually seasonally weak third quarter. The free cash flow in both periods represented a significant improvement compared to the prior year periods on better profitability and working capital efficiencies, particularly with respect to inventory management;

• The Company finished the quarter with total cash of US$ 2.5 billion and net debt of US$ 1.8 billion;

• Given better-than-expected free cash flow performance over the first nine months of 2021, Embraer is updating its guidance for free cash flow without M&A or divestitures to a range of US$ 100 million or better, from the prior range of US$ (150) million to breakeven. The Company reiterates its other financial and deliveries guidance for 2021 of commercial jet deliveries of 45-50 aircraft, executive jet deliveries of 90-95 aircraft, consolidated revenues in a range of US$ 4.0 to $4.5 billion, adjusted EBIT margin of 3.0% to 4.0%, and adjusted EBITDA margin of 8.5% to 9.5%.

Falcon Support AIN and Pro Pilot Rankings

August 30, 2021 / WIL BALDWIN

Aviation International News (AIN) and Pro Pilot magazines recently released the results of their annual customer support surveys for 2021 for the business jet industry.

For the third consecutive year, Dassault (OTC: DASTY) Aviation was ranked “top” in the AIN survey.

Its industry leading “overall average” score was 8.7 (the highest for any company in the history of the survey), up from 8.3 in 2020. Dassault took top scores in parts availability, parts cost, AOG response, warranty fulfillment, technical manuals, and technical representatives. The company also earned a 9.2 mark for overall aircraft reliability.

Click on the link below to visit the Dassault Falcon Website!

https://www.dassaultfalcon.com/en/Pages/Home.aspx

Embraer Opens an Office in Hungary

August 29, 2021 / WIL BALDWIN

Embraer announced today the opening of an office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe.

This initiative is part of Embraer’s strategy to establish new partnerships in select markets. Some of the key aspects of this future cooperation are the collaborative efforts with new partners, long-term projects, and investment in reliable dual-use technology.

The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer’s teams in Brazil.

Textron Launches Data Communications Program to Support Legacy Hawker 4000 and Cessna Citation Sovereign Aircraft

August 18, 2021 / WIL BALDWIN

WICHITA, Kan. (Aug. 18, 2021) – Textron Aviation and Honeywell Aerospace are developing an exclusive program for Hawker 4000 and Cessna Citation Sovereign aircraft equipped with the Honeywell PRIMUS EPIC integrated cockpit to allow pilots to communicate more easily with air traffic controllers and utilize the most current Data Link services offered in North America and Europe. The aircraft upgrade is expected to be available in mid-2022.

Beechcraft, Cessna and Hawker customers receive factory direct support, maintenance and modifications by Textron Aviation, a Textron Inc. (NYSE: TXT) company, through a global network of service and part centers, mobile service units and 24/7 1CALL AOG support.

Future Air Navigation System (FANS) Controller Pilot Data Link Communication (CPDLC) and Aeronautical Telecommunications Network (ATN) Protected Mode CPDLC (PM-CPDLC) replace the traditional voice communications used by pilots and controllers with data/text messaging for many standard operating procedures, allowing pilots to communicate with air traffic control with the touch of a button. This increases pilot heads-up time, frees up VHF voice communication bandwidth for more critical communications, and significantly reduces voice readback errors. CPDLC is similar to SMS text messaging used on your personal cell phone but uses prescribed text messages that enable pilots and air traffic controllers (ATC) to quickly and accurately request and authorize clearances and flight plan changes.

The FANS 1/A+ and Protected Mode CPDLC program features:

Ease of operation by quickly and accurately loading complex instructions into the aircraft flight management system with the push of a button
Support for future FAA Next Gen Data Com capabilities
Trajectory-based operations
Improved re-routing of aircraft around severe weather events and traffic congestion
Prioritized departure clearances that can save several minutes of wait time before takeoff

Aircraft operating in continental Europe will also be able to use PM-CPDLC to obtain equivalent benefits of ATC prioritization, delay avoidance, and optimal flight durations.

Textron Aviation’s collaboration with Honeywell on this project enables a cost-effective solution for customers for modernizing the Data Link capabilities of these important aircraft and reduces the certification and installation time. As the original equipment manufacturer of the aircraft, Textron Aviation can offer the OEM-certified upgrade to the PRIMUS EPIC avionics suite that maintains the system integrity as originally certified. Installation can be completed at any domestic or international Textron Aviation service center.

Cessna Citation Longitude Achieves EASA Certification

July 13, 2021 / WIL BALDWIN

Textron Aviation today announced its flagship Cessna Citation Longitude super-midsize business jet achieved certification from the European Aviation Safety Agency (EASA), clearing the way for customer deliveries to begin in the region.

The Cessna Citation Longitude super-midsize business jet is designed, produced and delivered by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.

The largest jet in the Cessna Citation lineup, the Longitude was designed with business and return on investment at the forefront, with the lowest direct operating cost of any super-midsize jet. Capable of flying from Geneva to Dubai or Rome to New Delhi, the Longitude offers class-leading comfort, the quietest cabin in class, and advanced connectivity for those focused on staying productive in the air.

As a clean-sheet aircraft, the Longitude was designed with innovation front of mind, and a cabin experience shaped around customer input and a broad range of mission capabilities.

The Longitude is backed by Textron Aviation’s extensive global customer service network, providing customers with direct access to nearly 3,000 expert employees, including service representatives offering maintenance, inspections, parts, repairs, avionic upgrades, equipment installations, refurbishments and other specialized services.

BBAM Orders 12 Additional 737-800 Boeing Converted Freighters

July 12, 2021 / WIL BALDWIN

Boeing [NYSE: BA] and BBAM Limited Partnership (BBAM) today announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM’s 737-800BCF orders and commitments to 31 as e-commerce and express cargo markets continue to drive strong customer demand for freighters.

BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA), a Costa Rica-based maintenance, repair and overhaul (MRO) provider. In May, Boeing announced it would open two conversion lines at COOPESA in 2022.

In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers.

BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades, and the only significant manager in sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals at its headquarters in San Francisco and offices around the world, located in New York, London, Tokyo, Singapore, Zurich, Dublin and Santiago. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com

Dassault Aviation Adds Third Falcon 6X to Test Program

July 4, 2021 / WIL BALDWIN

A third Falcon 6X recently took flight and joined Dassault Aviation’s flight test campaign, moving the new long-range extra widebody twin a step closer to anticipated certification in 2022.

Falcon 6X s/n 003 is fitted with a full interior and will be used for cabin design validation. The aircraft completed a two-hour maiden flight from Dassault’s Bordeaux-Mérignac final assembly plant to its Istres flight test facility on June 24, climbing to Flight Level 400 and accelerating to a cruise speed of Mach 0.85. The first 6X flew on March 10 and the second on April 30.

Aircraft no. 3 is outfitted with the Falcon 6X’s award winning interior, including in-flight entertainment and communications systems. In addition to testing this equipment, the aircraft will be used to evaluate environmental features and temperature control and validate cabin acoustics systems, which alongside those on the ultra long-range Falcon 8X trijet are expected to be the industry reference.

A fourth aircraft will also be equipped with a full cabin interior, currently being installed in Mérignac. It will conduct a two-month global endurance flight campaign intended to ensure that all 6X systems are fully mature upon entry into service.

Production of additional units is in full swing, with aircraft no. 10 scheduled to be on the final assembly line by beginning of July. The Falcon 6X has received several prestigious design awards, including the Red Dot prize for premium cabin design. The aircraft was recognized this month as the “Best of the Best” in aviation by the Robb Report luxury-lifestyle magazine, which noted: “Dassault’s newest aircraft pairs size with technology to create an award-worthy new class of business jet.”

Embraer Delivers First Phenom 300E as Part of Duet Collaboration with Porsche

July 2, 2021 / WIL BALDWIN

Embraer (NYSE: ERJ) delivered the first limited-edition Phenom 300E aircraft—part of the Duet collaboration with Porsche (OTC: POAHY) – to an undisclosed customer in Fort Lauderdale, Florida. The aircraft was delivered at Embraer’s state-of-the-art Global Customer Center in Melbourne, Florida.

Duet marks the first-ever true collaboration between leading aviation and automotive manufacturers, pairing the fastest and longest-ranged single-pilot certified jet with the gold standard in production sports cars, the Porsche 911 Turbo S. Embraer and Porsche, both known for world-class engineering, performance, and design, worked in tandem to create a seamless experience from ground to air using matching design elements that are only available in this pairing. Only ten of this limited-edition pairing will ever be produced.

As the world’s fastest and longest-ranged single-pilot business jet, the Phenom 300 series transformed the light jet category. With its unparalleled technology, comfort, and performance, the Phenom 300E sets the highest standard of excellence through best-in-class cabin altitude, high mission flexibility, low operating costs and the best residual value in the industry. The 911 is the heart of the Porsche product portfolio and has one of the longest and most celebrated traditions in the automotive industry. The 911 Turbo S represents the pinnacle of the 911 models and delivers exceptional performance combined with a high degree of everyday usability.

Duet brings the Phenom 300E and the 911 Turbo S into perfect harmony as design inspiration for the aircraft mirrors that of the car, and vice versa. Starting with seats, the sew style on the Phenom 300E seats were patterned after that of the 911 Turbo S. Both vehicles’ seats also feature red pull straps, a Speed Blue accent stitch, and carbon fiber shrouds. The flight deck seats were also redesigned to match the seats of the car. On the exterior, both aircraft and car share a matching paint pallet and scheme, complete with a custom two-tone paint finish and hand-painted pinstripes in Brilliant Chrome and Speed Blue, creating a fluid aesthetic throughout both performance machines.

Embraer Delivers 600th Phenom 300 Series Aircraft, World’s Best Selling Light Jet

May 23, 2021 / WIL BALDWIN

Embraer has delivered the 600th Phenom 300 series business jet to Superior Capital Holdings, LLC based in Fayetteville, Arkansas. The aircraft, which recently became the world’s best-selling light jet for the ninth consecutive year and the most delivered twinjet of 2020, based on year-end aircraft billing and shipment reports by the General Aviation Manufacturers Association (GAMA), will be used to support the company’s business operations throughout the U.S.

Superior Capital Holdings, LLC previously operated a single engine turboprop but after experiencing a flight in the Phenom 300, decided the aircraft was the best choice for their business. The customer, a first-time jet buyer, upgraded based on the need for enhanced cabin comfort, increased speed, and exceptional safety, as many of their trips involve routes over 1,000 nautical miles. In addition to the Phenom 300’s enhanced capabilities based on remarkable field performance, the aircraft maintains airport flexibility with dependable maintenance and best-in-class operating cost, comparable to many turboprops. The comfort of the seats, with recline and full movement capability, are further enhanced by the best cabin pressurization among light jets (6,600 ft. maximum cabin altitude) providing the ultimate in-flight experience.

Originally launched in 2005, the Phenom 300 series is in operation in more than 35 countries and has accumulated more than 1.2 million flight hours. The milestone aircraft delivered today is the Phenom 300E, the newest enhanced iteration of the industry-leading light jet. With its unparalleled technology, exceptional comfort, and stunning performance, the Phenom 300E sets the highest standard of excellence in the light jet category. In terms of performance, the enhanced Phenom 300E is even faster, capable of reaching Mach 0.80, becoming the fastest single-pilot jet in production. The aircraft is capable of a high-speed cruise of 464 knots, and a five-occupant range of 2,010 nautical miles (3,724 km) with NBAA IFR reserves.

Additional technology enhancements include an avionics upgrade, featuring a runway overrun awareness and alerting system (ROAAS)―the first technology of its kind to be developed and certified in business aviation―as well as predictive windshear, Emergency Descent Mode, PERF, TOLD, and FAA Datacom, among others. The Phenom 300E also features 4G connectivity via Gogo AVANCE L5.

Enhancements didn’t end with technology—comfort was equally considered. The Phenom 300E features a quieter cabin thanks to noise-reducing improvements, as well as extended seat tracking in the cockpit to offer pilots’ more legroom and comfort.

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