Despite a credit crunch that some companies have blamed for their inability to find necessary capital, XOJet CEO Paul Touw says money is available for the right idea in the right package. The San Carlos, Calif.-based company launched just two years ago and has negotiated financing agreements with five organizations worth a total of $2.46 […]
They liked it so much they bought the company. In the second-largest order ever placed with Bombardier, Swiss-based VistaJet is buying 35 high-end aircraft and also taking over Bombardier Skyjet International (formerly Flexjet), its charter operation with bases in Farnborough, Hong Kong and Dubai. VistaJet will buy 11 Challenger 605s, 13 Learjet 60 XRs and […]
After two years of success with four Pilatus PC-12s, start-up Russian air taxi company Dexter predicts that it will be about 2011 before it needs to expand its horizons. So, CEO Eugene Andrachnikov timed his purchase of 20 Cessna Citation Mustangs to fit that growth prediction. “It will take the market about three or four […]
Cessna VP Roger Whyte says the company has “taken orders” in addition to the 36 it reported for the $27 million Columbus 850 large-cabin business at the end of the first quarter of this year and it’s hit the road in Europe with an elaborate display on the aircraft. At a news conference at EBACE […]
Datalink weather to the cockpit has revolutionized weather avoidance but, unfortunately, because XM Radio and Sirius Satellite Radio don’t serve Europe, the Continent has missed out on the benefits of weatherlink. Avidyne announced a new product this week at EBACE that will fix that. The MLX770 from Avidyne used the Iridium satellite network as its […]
Embraer is offering customers a carbon offset program that will help reforest Brazil at a cost of a few dollars an hour in operating costs. The company announced its new program at EBACE 2008 on Monday and says it will take care of mitigating the already-small carbon impact of its aircraft on behalf of customers […]
The next generation of Hawker Beechcraft’s composite Premier is faster, goes farther and gets to a new maximum altitude of FL450 faster than its already-revolutionary predecessor and it only costs 10 cents per nautical mile more to operate. The rejuvenated Wichita planemaker unveiled a mockup of the aircraft in a pre-show press conference at EBACE […]
The largest investor in Eclipse Aviation says the European market for VLJs is huge and a plant in Russia is likely to fill that void. In his first public appearance on behalf of ETIRC, which poured more than $100 million into Eclipse, Dutch business magnate Roel Pieper told AVweb in a video interview at EBACE […]
Although EBACE isn’t the usual venue for major light aircraft announcements, Cirrus rolled one out here in Geneva nonetheless in the form of a new model called the Cirrus Perspective, which sports some airframe upgrades but-the real stunner-a new, upgraded version of Garmin’s popular G1000 EFIS system. We went to Duluth last week for an […]
EBACE 2008 begins Tuesday at PalExpo convention center in Geneva, and coverage in AVwebBiz will include original videos, podcasts and details on the latest announcements daily through Friday. AVweb‘s Russ Niles ran into our European correspondent, Liz Moscrop, who’s reporting for the Flight Evening News daily show publication, and she set the scene for what […]
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