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Flight Options LLC was purchased on Nov. 30 by private equity firm H.I.G. Capital, and it placed on that day a firm order
worth close to $1 billion for 100 Embraer Phenom 300 jets plus options for 50 more. The company currently operates 140 aircraft including the Hawker 400XP, Hawker 850XP, Citation X and Embraer Legacy.
The new aircraft would be delivered over the next decade with first delivery currently scheduled for late 2009. Speaking for H.I.G., managing director Doug Berman said Flight Options staff "have
engineered a remarkable success story over the past several years and we're committed to providing the resources that will ensure continued growth for the company." Speaking for Embraer, Frederico
Fleury-Curado, the company's president and CEO, said "We've developed an ideal jet for the next generation of private jet travel, and we're gratified we have the ideal business partner bringing the
first order to market." Designed to target the fractional ownership market, the Phenom 300 is touted by Embraer as a clean-sheet design that has resulted in a "best-in-class" offering that brings
"unmatched amenities and low operating costs" plus high utilization and high reliability. The $6.65 million jet will cruise 1,800 nm with four passengers (it will carry up to nine people) and offers a
maximum speed of 0.78 Mach with certification up to 45,000 feet.
Zulu Time ... From Lightspeed
The new Zulu headset looks different because it is different. Made with magnesium, stainless steel, and four types of composite plastics, it's extremely durable and yet weighs just over
13 ounces. Rather than concentrating purely on cutting decibels, Lightspeed engineers looked at how pilots perceive noise at different frequencies. You get broader noise attenuation over the
entire audible range. Zulu has more total noise cancellation than any headset on the market.
Click here for a
dealer near you.
The first charter certificate for Cessna's Citation Mustang has been issued to L.J. Aviation of Latrobe, Pa.. L.J. offers
both domestic and international charter services, currently available through a 28-aircraft fleet of which 11 are Citations. The Mustang will serve to expand L.J.'s offerings, extending charter
possibilities to a lower price point in the market. (Take an insider's tour of the Mustang through our video, here.) "The
addition of the Citation Mustang and its low operating cost will allow L.J. Aviation to provide the comfort and flexibility of charter flight to customers who have previously been unable to afford
it," L.J. Aviation's President and CEO Ed Kilkeary told the Pittsburgh Business Times. Cessna claim its jet as the first among "very light jet" entrants to achieve full certification from both the FAA
and EASA. Full certification could prove useful with operators expecting to provide service across broad swaths of geography through the winter months. The roughly $2.4 million Citation Mustang can
cruise at up to 340 knots and up to 41,000 feet while offering an NBAA IFR range of 1167 nm with full fuel at max takeoff weight. The aircraft's full fuel payload with one pilot aboard is 600 pounds;
it can accommodate up to six occupants and has a takeoff distance of 3,110 feet at MTOW. Landing distance is 2,380 feet, similarly loaded.
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New IRS Tax Regulations for personal use of business aircraft may complicate a company's tax implications, especially
when it comes to "entertainment use" of a business-owned aircraft, according to The Metropolitan Corporate Counsel (TMCC). The key for affected companies lies in determining the amount of disallowed deductions for a flight, which may amount to more than an
individual flight's costs, says TMCC. In this case, TMCC says that operating costs, as defined by the IRS, refer to all costs, fixed and variable (fuel, crew salaries, landing and hangar fees,
maintenance, management fees, insurance and more), and may be determined by one of three methods. TMCC warns that entertainment use disallows deduction of certain aircraft ownership and use costs --
and there can be more pitfalls, including deadhead flights after entertainment flights and detrimental effects on aircraft depreciation recapture. However, the regulations only apply when a business
aircraft is used for entertainment purposes and so entertainment use tax involving that aircraft can be avoided altogether if the company charters an aircraft when entertainment is the goal, according
to TMCC. Note: AVwebBiz is not a tax service -- consult with your preferred tax services provider or accountant for guidance.
Fly with Bose® Aviation Headset X
Enjoy an unmatched combination of full-spectrum noise reduction, clearer audio, and comfortable fit. Voted the #1 headset for the sixth consecutive year in Professional Pilot's 2006 Headset
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Quotes reprinted with permission. Aviation Consumer, August 2007.
Introduced in May, the latest evolution of the Beechcraft King Air 200 series is now certified by the FAA as the Pratt and Whitney
PT6A-52-powered, 305-knot cruise, $5.27 million King Air B200GT. The new engine platform mates the turbine section of the 1,050-shp capable PT6A-60A (found on the King Air 350) to a PT6A-42 gearbox
and so offers the B200GT 850-shp to a higher altitude, which improves climb and cruise numbers through nearly all parameters of flight when compared to your standard King Air 200 series aircraft. The
new engine configuration's performance eliminates the 10,000-foot (altitude) takeoff field limitation imposed on the lesser 200 while its lineage affords it a 3,600-hour TBO. Hawker Beechcraft
corporation's president of commercial sales, Brad Hatt, said the B200GT builds on the success of the 200 series by offering a nine-place squared-oval cabin with a heated and pressurized baggage area,
plus a private aft lavatory and a new engine package that ensures "the new model will continue to lead" in its market segment "for many years to come." Hawker Beechcraft will be seeking certifications
with EASA, Australia, Brazil, Mexico, India, Argentina and Guatemala, which it expects to have in hand by year-end.
XM WX Satellite Weather Uses a Continuous Satellite Broadcast to Deliver Graphical Weather Data to the Cockpit
Pilots view and interact with the data including radar, winds, METARs, lightning, and more on compatible MFDs, EFBs, and PDAs from a wide range of industry partners, as well as on laptop
PCs. The situational awareness afforded by XM WX Satellite Weather allows pilots to enjoy their journeys with more confidence and comfort than ever before. For more information, please visit
Diamond Aircraft is building the foundation for worldwide marketing and sales of its five-place single-engine D-Jet, Diamond's personal
light jet, with the appointment of Mark Lee. Lee will serve as director of marketing and sales, to be located at the company's London, Ontario, facility. Lee previously worked in the software and
telecom industries and comes to Diamond from Microsoft where he grew business for Windows and other Microsoft brands. Prior to that, Lee worked at Nortel. Lee holds a private pilot certificate and has
been an aircraft owner. He will now work with Diamond, its partners and customers to enable more pilots to become jet owners. Diamond's D-Jet first flew last April and the first conforming prototype
was flown for the first time in September. The company is aiming for certification of its D-Jet in early 2008 with deliveries to follow soon after, likely by the second quarter. The 315-knot 1350-nm
jet will cruise at 25,000 feet and was priced at $1.38 million in 2006 dollars.
The new 2008 State Tax Guide for General Aviation will be released by Conklin & de Decker in January of 2008, offering guidance for
ownership, sales, leases, fees imposed in all fifty states and more. The guide itself isn't a new product, but the 2008 version will be available for download via the internet and offer users the
ability to compare three states side-by-side and so quickly compare rates and exemptions. Registration fees, personal property taxes, jet fuel and avgas taxes are also included, along with tax data
and contact information for the Departments of Revenue and Aviation in each state. The program allows you to search through tax information by tax type, exemption or state. Conklin & De Decker is
addressing the possibility of changes made to the tax law by providing a "download updates" button in the program that checks with the company for coverage of the latest changes. Presently, the
company offers a one-year subscription offer at $275 that includes a CD and the updates.
Avidyne's New MLB700 Broadcast Datalink Receiver Really Delivers! Avidyne's MLB700 Broadcast Datalink Receiver delivers aviation-quality datalink graphical weather from WSI InFlight® and audio entertainment from SIRIUS® Satellite Radio. With
the MLB700, you get WSI's industry-leading NOWrad® radar mosaic displayed on your EX500 or EX5000 MFD for the most up-to-date and highest-quality aviation weather available and over 130
channels of music, sports, news, and talk radio right through your aircraft's audio system.
Click for more
American pilots who brought the Pakistan president Pervez Musharraf's latest VVIP jet, a "10-seat Learjet," are now training their
Pakistani brethren to fly the aircraft so that it can be put into service alongside the 13 other aircraft already serving the Pakistani president. Training the pilots for the $60 million jet is
expected to last two months. The president's present fleet includes an Airbus 310 (a gift by Qatar), a Gulfstream IV, a Cessna Citation Excel and a Citation V, a Learjet 35 and a 45XR, a Raytheon
Hawker 400, a Falcon 20, a Cessna Conquest II, and four helicopters. Sources say two more aircraft, already approved by a former prime minister, may be added after elections.
Collier Trophy Collectible Medallion Series 3 Now Available NAA's Collier Trophy Centennial Medallion Series 3 is now available for gift-giving or for your own collection, along with Series 1 and 2. A commemorative card encases a heavy metal
medallion showing the Collier Trophy on one side and an image of the F-22 Raptor on the reverse. Series 1 reverse shows SpaceShipOne, and Series 2 reverse shows the Eclipse 500.
merchandise section to view and order.
Spectrum Freedom Jet VLJ, GE/Honda HF-120, NBAA '07....
(Note: If the video is not visible, below, click here to view.)
There's Only 20 Shopping Days Left Choose Gifts from AVweb's Holiday Marketplace
When purchasing gifts for family, friends, and flying buddies, go to AVweb's Holiday Marketplace. AVweb is the place to find perfect gifts for pilots and aviation
enthusiasts. And for yourself forward the link to your family and friends as a hint as to what you want!
It's easy online,
AVwebBiz is a weekly summary of the latest business aviation news, articles, products, features, and events featured on AVweb, the internet's aviation magazine and news service.
The AVwebBiz team is:
Publisher Timothy Cole
Editorial Director, Aviation Publications Paul Bertorelli
Editor-in-Chief Russ Niles
Contributing Editors Mary Grady Glenn Pew
Features Editor Kevin Lane-Cummings
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