Category: Private Jet News (Page 1 of 6)

Las Vegas Sands CEO sells over $5.2 million in company stock

March 19, 2024 / WIL BALDWIN

Image from Las Vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) CEO and Chairman, Robert G. Goldstein, has sold 100,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 15, 2024, amounted to over $5.2 million, with shares sold at a weighted average price of $52.06.

The sales were executed in multiple transactions with prices ranging between $52 and $52.26. Post-transaction, Goldstein still holds 172,801 shares indirectly through The Robert and Sheryl Goldstein Trust, signifying a continued stake in the company’s future.

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Las Vegas Sands CEO sells company stock

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Dassault Aviation releases order intakes, deliveries and backlog as of December 31, 2023

January 14, 2024 / WIL BALDWIN

AIRCRAFT ORDERED IN 2023

60 Rafale (*) were ordered (42 France, 18 Indonesia), compared with 92 Export Rafale in 2022.

(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 60-Rafale order intake for 2023.

23 Falcon were ordered, compared with 64 in 2022.

AIRCRAFT DELIVERED IN 2023

13 Rafale (11 France, 2 Export) were delivered, while 15 had been guided.
14 Rafale (13 Export, 1 France) were delivered in 2022.

26 Falcon were delivered, while 35 (*) had been guided.
32 Falcon were delivered in 2022.

(*) Certified on August 22, 2023, Falcon 6X, integrating post certification upgrades approved by EASA, has entered into service at the end of 2023.

AIRCRAFT IN BACKLOG

As of December 31, 2023, the backlog includes:

211 Rafale (*) (141 Export, 70 France) compared with 164 Rafale as of December 31, 2022,
84 Falcon compared with 87 Falcon as of December 31, 2022.
(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 211-Rafale backlog of December 31, 2023.

UPCOMING FINANCIAL RELEASE

Dassault Aviation Group will release on March 6, 2024 its full year results.

The above figures relate only to the number of new aircraft. The Group points out that amounts in euros will be published on March 6, 2024.

Rafale B de l’Armée de l’Air Française en opérations extérieures (Opération Serval) – Vue en vol au dessus du Mali. Equipé de la nacelle Damoclès et de GBU-12.

OnFlight now Authorized Service Center for Embraer Executive Jets

January 10, 2024 / WIL BALDWIN

Cincinnati, Ohio, January 10, 2024 – OnFlight, Inc. (OnFlight) of Cincinnati, Ohio, announced today the milestone approval and authorization as an Embraer Authorized Service Center by Embraer Executive Jets. In this capacity, OnFlight further expands Embraer’s strategic network of MRO services focused on Embraer aircraft.

OnFlight, a Part 135 Charter Operator since 2000, has operated Embraer aircraft since 2011, with exclusive Embraer focus since 2016. With this announcement, OnFlight’s strategy further expands to include Part 145 Repair Station Operations dedicated entirely to Embraer aircraft. Operations are expected to commence early in Q1 2024 at the Cincinnati Lunken Airport.

Fiery plane crash at Tokyo Haneda Airport kills 5 Coast Guard crew members

January 2, 2024 / WIL BALDWIN

Toulouse, France, January 2, 2023 – Airbus regrets to confirm that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 (local time) on 02 January 2024. All 367 passengers and 12 crew members on-board evacuated the aircraft.

The A350 collided with a DHC-8 aircraft at landing in Haneda. The Japanese authorities have since confirmed that sadly five of the six people on board the DHC-8 did not survive. The exact circumstances of the event are still unknown. The aircraft involved in the accident, registered under the number JA13XJ, was MSN 538, delivered to Japan Airlines from the production line on 10 November 2021.

In line with International Civil Aviation Organization (ICAO) Annex 13 recommendations, Airbus will provide technical assistance to the Bureau d’Enquêtes et d’Analyses (BEA) of France and to the Japan Transport Safety Board (JTSB) in charge of the investigation. For this purpose, Airbus is presently dispatching a team of specialists to assist the Authorities.

Bombardier announces firm order for 12 Challenger 3500 jets

December 26, 2023 / WIL BALDWIN

Bombardier Inc (OTC: BDRBF) has announced that the company received a firm order for 12 Challenger 3500 aircraft. The transaction for the firm order is valued at US$326.4 million based on list prices. The customer has chosen the super-midsize market leader for its outstanding performance, refined cabin and sustainably minded features.

The Challenger 3500 jet offers an unmatched in-flight experience to meet and exceed the expectations of the most discerning travelers. The aircraft’s flawless design provides an unparalleled cabin experience and elevates passengers’ comfort with Bombardier’s revolutionary Nuage seats and cutting-edge cabin technology. With an industry-leading dispatch reliability of over 99.8%, as well as outstanding range and runway performance, the Challenger 3500 aircraft offers the ultimate package, with access to the most remote locations while delivering Bombardier’s signature smooth ride from takeoff to landing.

Deliveries are set to begin in the second half of 2025.

Forward-Looking Statements

Embraer doubles service center capacity by expanding maintenance and customer support

December 20, 2023 / WIL BALDWIN

Embraer is expanding with 3 additional MRO facilities in Texas, Ohio, and Florida

Melbourne, Florida, December 20, 2023 – Embraer (NYSE: ERJ) announced today that it is doubling its maintenance service capacity in the United States, to support the continued growth of its executive jets’ customer base through the addition of three Executive Aviation Maintenance, Repair and Overhaul (MRO) facilities in Dallas Love Field, TX, Cleveland, OH, and Sanford, FL.

Embraer will also substantially increase its Mobile Response network by 28 teams, and enlarge its capabilities including access to interior services, paint, and component repairs as part of this expansion. Service at these locations is set to begin in the second quarter of 2024. Embraer currently has three owned U.S.-based service centers dedicated to its executive jet customers located in Mesa, AZ, Melbourne, FL, and Fort Lauderdale, FL. Further, the company has 24 authorized service centers for its executive jets across the USA.

Forward-Looking Statements

Ryanair announces corporate travel agreement with SAP Concur

December 15, 2023 / WIL BALDWIN

Dublin, Ireland, December 15, 2023 – Ryanair Holdings PLC (Dublin: RYA), Europe’s No. 1 airline, has today announced a ground-breaking new agreement with SAP Concur (NYSE: SAP), the world’s leading brand for travel, expense, and invoice management, to integrate Ryanair’s low fares and unrivalled network of over 3,300 daily flights to over 230 destinations across 36 countries directly with Concur Travel, further expanding access to Ryanair’s fares and network for corporate travellers.

This exciting new partnership means that corporate customers can now access Ryanair’s industry leading low fares, network of key city connections across Europe with regular morning and evening flights to ensure convenient low-cost corporate travel conveniently through the market-leading Concur Travel online booking tool as well as a dedicated Concur TripLink booking flow on Ryanair’s website/app.

Corporate customers who book Ryanair flights directly through this state-of-the-art travel solution will benefit from significant efficiencies, including automated expense management and the convenience of their booking details being fed into SAP Concur solutions, reducing any unnecessary admin. Through this agreement, registered users will not have to complete Ryanair’s customer verification making their travel experience even more seamless.

Forward-Looking Statements

Dassault Aviation Falcon 6X Enters Service

December 4, 2023 / WIL BALDWIN

Saint-Cloud, France, December 4, 2023 – The Dassault Aviation SA (Paris: AM) Falcon 6X entered service on November 30. The type certification was granted last August 22nd by both EASA and the FAA. Since that time, post-certification upgrades that were applied required EASA approval.

ABOUT DASSAULT AVIATION

With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2022, Dassault Aviation reported revenues of €6.9 billion. The company has 12,700 employees.

Forward-Looking Statements

Rex Airlines wins APEX Award for best cabin service in the South Pacific

November 12, 2023 / WIL BALDWIN

Rex Airlines has been recognised as having the South Pacific’s Best Cabin Service in the 2024 Airline Passenger Experience Association (APEX) Awards. The award was presented in Singapore last night where Rex’s Executive Chairman, Lim Kim Hai, accepted it on behalf of the airline.

The award ceremony was part of the FTE APEX Asia Expo, the air transport industry’s largest passenger experience and business performance event. APEX said nearly one million flights were anonymously rated by passengers across more than 600 airlines from around the world using a five-star scale.

Rex is Australia’s largest independent regional and domestic airline operating a fleet of 58 Saab 340 and 9 Boeing 737-800NG aircraft to 56 destinations throughout all states in Australia. In addition to the airline Rex, the Rex Group comprises wholly owned subsidiaries Pel-Air Aviation (air freight, aeromedical and charter operator), the Australian Airline Pilot Academy with campuses in Wagga Wagga and Ballarat, and propeller maintenance organisation, Australian Aerospace Propeller Maintenance. Rex is also a 50% shareholder of National Jet Express (NJE), a premier Fly-In-Fly-Out (FIFO), charter and freight operator.

The new Pilatus PC-24 Super Versatile Jet is here!

October 20, 2023 / WIL BALDWIN

Beginning with new aircraft deliveries in 2024, Pilatus has extended the payload-range capability of its Super Versatile Jet to achieve a maximum range with six passengers of 2,000 nautical miles (3,704 kilometers). Pilatus also incorporated an array of new interior amenities, including a large side-facing divan which can be converted into a bed!

The new PC-24 features a 600 pound (272 kg) increase in full fuel payload and maximum payload capacity. This enables operators to increase the PC-24’s maximum range by 200 nm (370 km) with six passengers on board. The PC-24 now offers a full fuel payload of a single pilot plus 1,315 pounds (596 kg), and features a class-leading maximum payload capacity of 3,100 pounds (1,406 kg).

Pilatus engineers conducted an extensive flight test campaign to expand the entire envelope for the higher design weights. At the PC-24’s maximum take-off weight, balanced field length at sea level is only 3,090 feet (941 meters), allowing the use of very short and even unpaved runways.

Divan and Inflight Entertainment System

Already offering the largest cabin volume in its class, the interior of the new PC-24 has also been given a number of enhancements to improve the overall passenger flight experience. Ambient sound levels have been reduced through optimization of passenger service unit ducting, noise absorbing panels, and tuned engine accessory air intake ducts. Cabinetry, storage areas, and the Welcome Center have all been refined to optimize the vast amount of space in the PC-24’s cabin.

Pilatus partnered with Lufthansa Technik to incorporate a new integrated Cabin Management System (iCMS) featuring a 10″ touch screen controller with 3D moving map, four high fidelity cabin speakers with a sub-woofer option, mood lighting, USB ports, and a media storage server.

Finally, in a first for this class of business aircraft, Pilatus is offering the option of a large side-facing divan that is 6 feet 6 inches (1.98 m) in length, and can be converted into a bed in flight.

Predictive Maintenance

All PC-24s from serial number 501 onwards will be equipped with a new feature to enable predictive services. The automated data transmission of key aircraft data directly to Pilatus upon landing will be analyzed and, if necessary, a predictive recommendation is made to the operator.

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