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The Top Headlines From AVweb's Expanded
Business News Coverage At AVweb's
It's the latest prognostication that business aviation -- and business
aircraft manufacturers in particular -- are poised for greatness. "It"
is a forecast from a Washington-based think tank/consulting firm, the
Teal Group, which predicts substantial growth in demand for business
aircraft through the next decade. But that's nothing new. Everyone from
individual manufacturers, to the industry's trade association, GAMA, to
the FAA is predicting growth. Put it another way: No one is predicting
his or her job will be gone in ten years. The "news" is in some of the
underlying reasons its authors use to justify their conclusions, as well
as the differences between this year's predictions and those made just a
year ago. Also, the organization making the predictions is supposedly
more independent than the others. In essence, the Teal Group report says
that demand for business jets could increase for a variety of reasons.
Those reasons include an aging in-service fleet, high utilization rates
among so-called "traditional" corporate flight departments and the
explosive growth among fractional operators. Also of interest and impact
will be the coming market entry of light-light, or micro, jets like the
Cessna Mustang, the Eclipse 500, the Adam Aircraft A700 and offerings
from other companies like Safire. The recently released report projects
as many as 6400 bizjets worth as much as $92 billion in 2004 dollars
will be produced over the next ten years. More...
WATCH: STONE, ALPHABET SOUP MEET
In our last edition of AVweb's BizAVflash, we told you about the
then-upcoming meeting between the Transportation Security
Administration's acting head, David M. Stone, and the various
organizations comprising the General Aviation Coalition. That meeting,
held last Friday, was the latest in a series of more-or-less regular
meetings between the security agency and industry. As such, neither its
content nor results were earthshaking, but two items of interest to
general and business aviation came from it. The first item has to do
with a TSA plan to -- finally -- allow non-scheduled (i.e., general
aviation) operations at Ronald Reagan Washington National Airport (DCA).
The second involves release of the long-awaited set of voluntary
recommendations the TSA and industry groups assembled last year.
RAYTHEON STC COVERS BEECHJET, DIAMOND RVSM...
Raytheon Aircraft Services (RAS) last week announced it has obtained an
FAA Supplemental Type Certificate (STC) providing a Reduced Vertical
Separation Minimum (RVSM) solution for the Beechjet 400 and the MU-300
aircraft. The Raytheon STC upgrades existing height-keeping equipment to
digital altimeters with data-acquisition units to meet RVSM
requirements. Aircraft flying above 29,000 feet must meet domestic RVSM
requirements by Jan. 20, 2005. Our Beechjet and Diamond Jet
solution offers a cost-effective approach to the FAA mandate, said
Skip Madsen, vice president of Raytheon Aircraft Services.
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FOURTH HAWKER HORIZON JOINS CERTIFICATION PROGRAM
Meanwhile, Raytheon Aircraft announced late last month that the fourth
example of the forthcoming Hawker Horizon entered the company's
certification test program. The latest Hawker Horizon flew for 90
minutes during the initial hop. At the controls were senior test pilot
Tim Miller, co-pilot Ken Sasine and flight test engineer Amin
Gulamhussein. The three conducted a series of functional tests with
speeds ranging from 135 to 340 knots at 15,000 feet. More...
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& WHITNEY CANADA RUNS ECLIPSE'S PW610F ENGINE
Pratt & Whitney Canada Corp. (P&WC) completed on May 4 the first run of
its new PW610F turbine engine selected by Eclipse Aviation Corp. to
power the twin-engine Eclipse 500 Very Light Jet (VLJ). The smallest
member of P&WC's PW600 engine series achieved rated takeoff thrust (900
pounds) after only five hours of the test run. As a result, Vern Raburn,
president and chief executive officer of Eclipse Aviation, said first
flight of the production-conforming Eclipse 500 with the P&WC engines is
on schedule to take place in late 2004. "We have a great partner in
Pratt & Whitney Canada and are extremely pleased by the results of the
PW610F development program to date -- the ability to achieve takeoff
thrust during the first run is an example of how well the program is
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FALCON JET -- WILMINGTON SETTLES WITH UAW
A new three-year contract between Dassault Falcon Jet -- Wilmington
(Del.) and a local unit of the United Auto Workers labor union was
ratified late last month, enabling both the company and its employees to
get back to work. The settlement of a dispute resulting in the new
contract ends a strike at the facility by roughly 170 workers. According
to Todd McGahey, general manager of Dassault Falcon's East Coast Service
Center, "It was unfortunate disagreements with negotiators led to many
of the workers going on strike but we are glad to have this behind us.
We can now fully focus on giving our customers the full range of
services they have come to expect." More...
G450 DEVELOPMENT UPDATE
Gulfstream Aerospace late last month said development of its G450
business jet is "on schedule and on budget," one year after its first
flight. The company added that its own flight test was complete and that
tests leading to FAA certification -- scheduled for the third quarter of
2004 -- were well underway. Customer deliveries are expected in the
second quarter of 2005. According to the company, four examples of the
large-cabin, long-range business jet have accumulated more than 1250
flight hours during approximately 500 flights. By employing the four
test aircraft, Gulfstream has been able to test and evaluate multiple
aspects of the aircraft simultaneously in a relatively short amount of
Safire Aircraft Company last month announced a series of restructuring
steps aimed at ensuring the completion and development of its Safire Jet
prototype. The Miami, Fla.-based company said that it will reassign
comes of the company's staff to new functions and create a new
five-person sales organization. "We wish to focus on refining our sales
strategy as well as continue to build our infrastructure, while
concentrating our resources on first flight and certification," said
Safire President and CEO Camilo Salomon. Safire Aircraft was founded in
1998 to meet the growing requirement for a new generation of light jets
that will have far lower acquisition and operational costs than today's
traditional light jets. More...
...the next issue of AVweb's BizAVflash will be e-mailed to you
on May 26. More...
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We Welcome Your Feedback!
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