AVwebBiz Complete Issue: Volume 5, Number 44

November 14, 2007

By The AVweb Editorial Staff
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Aerion Taking Orders at Dubai back to top 

First Aerion Goes To Bin Laden Relative

Tarek Bin Laden, a Saudi businessman and half-brother to Osama Bin Laden, was the first to put a deposit on an Aerion supersonic business jet when positions went on sale at the Dubai Air Show on Monday. Reno-based Aerion has yet to start work on a flying example of its Mach 1.6, eight-to-12-passenger aircraft but company spokesman Brian Barents told reporters that market demand dictated they start taking deposits. The aircraft are expected to cost $80 million and initial deposits are $250,000. The company hopes to take $10 million in deposits. Aerion also appointed ExecuJet to handle sales outside the U.S. "Initial demand for the Aerion jet will come from Europe and the Middle East," ExecuJet CEO Niall Olver said. The Aerion was announced in 2002 and its missile-like design was unveiled in 2004. The Aerion is expected to have a range of about 4,500 miles.

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Quotes reprinted with permission. Aviation Consumer, August 2007.
Reconditioned CRJs Now an Option back to top 

CRJ Bizjet Conversions Offered

Project Phoenix announced a way to obtain a large business jet for a fraction of the time and money that the leading manufacturers are offering at the Dubai Air Show, as long as you don’t mind a few thousand cycles or more on the airframe. The company is buying Bombardier CRJ-200 regional jets on the secondary market and giving them the executive treatment, along with a mechanical makeover. Project Phoenix is estimating each converted RJ will cost about $17.9 million and will “present as new.” For the money, customers will get an aircraft similar in size to a Falcon 7X or, naturally, a Bombardier Global 5000 with comfort for 12 to 19 passengers in the space that formerly shuttled 50 folks from small markets to the hubs. With long-range tanks, the converted airliner can have a range up to 3,000 nm. But perhaps more important is that Project Phoenix is pledging to have the converted airliner in customers' hands in about eight months instead of the two to five years most of the manufacturers are back-ordered these days.

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What Else Did They Buy in Dubai ... ? back to top 

Dubai Air Show Orders Top $100 Billion

Middle Eastern airlines went on a shopping spree at the 10th Dubai Air Show, currently underway, and Airbus appears to have regained its position as the top-selling commercial planemaker. Airbus says it’s taken a total of 290 orders at the show while Boeing was at 153 on Tuesday. The redesigned A350 is proving especially popular among the carriers with their very fat checkbooks out. On the opening day of the show, Emirates Airlines announced it would buy 120 A350s and 11 A380s. Boeing had hoped to sell its 787 Dreamliner to Emirates but got the (relatively) small portion of the airline’s $35 billion fleet expansion with an order for 12 777 ER wide bodies. Most of the activity is being generated by oil-rich Gulf area countries. In addition to Emirates, Yemenia, Air Oman and Dubai Aerospace Enterprise (DAE) made substantial purchases, most of them from Airbus. However, DAE was also good to Boeing, with a 100-plane purchase valued at $13.7 billion. DAE bought 70 737s and a mix of 787s, 777s and 747s. The balance of Boeing’s sales went to Qatar Airlines, Emirates and Dubai-based aircraft leasing company LCAL.

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... Embraers, Among Others back to top 

Embraer’s Order Book Swells In Dubai

Embraer’s foray into the business jet market looks like a good move as it counts up the orders from the Dubai Air Show. The Brazilian planemaker took in 63 orders in the first couple of days of the show. Most were for Phenom 100, 300 and Legacy 600 business jets, but there were also some for its Lineage 1000 model, which is based on the E190 airliner. Two orders for E series airliners accounted for 13 aircraft. North American bizjet makers also had their success stories. Cessna sold 11 Citations and four Mustangs, plus an assortment of piston products in deals worth more than $110 million while Bombardier took orders for two Challenger 605, a Global 5000 and a Lear 45 XR. Hawker Beechcraft sold five King Airs and announced certification of an extended range version of the venerable turboprop.

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BizJet Sales on the Rise Overall back to top 

World-Wide Business Jet Sales Soar

The boom in business jet sales shows no signs of abating and the expected influx of very light jets has barely begun. The General Aviation Manufacturers Association third quarter figures last week and there was a staggering 20 percent increase in the number of bizjets sold in the first nine months of the year compared to the same period of 2006. In all, 759 jets were sold between January and September, up from 628 in the same time period the previous year, a year that was celebrated as one of the best ever. Cessna sold 100 jets in the quarter and its XLS was the most popular with 23 going out the door. A total of 15 Mustangs were delivered and those deliveries are expected to ramp up in coming quarters. Bombardier sold 50 business jets and the Lear 45 was the most popular at 15. Hawker Beechcraft sold 35 jets and the 400XP accounted for a third of the total at 12. Eclipse hasn’t hit its target of an airplane a day off the line but did manage about half that many with 27 deliveries of the 500 in the three months from July to September.

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TurboProps Due for the Next Growth Spurt? back to top 

Turboprops Gain More Ground

With jet fuel prices in the $3-a-gallon range, the fuel efficiency of turboprops is boosting sales and the total number of shipments was up 14.5 percent in the first nine months of 2007 over 2006. A total of 293 general aviation turboprops were delivered in the period compared to 256 in the same time last year, according to the General Aviation Manufacturers Association (GAMA) third quarter report “…we expect shipments to continue on a strong, upward trend in the months ahead,” said GAMA President Pete Bunce. Hawker Beechcraft’s King Air remained the most popular turboprop with a total of 41 deliveries. Pilatus’s big single, the PC-12 accounted for 27 deliveries and the Cessna Grand Caravan recorded 20 sales. Piper delivered 13 Meridians and 11 TBM 850s found homes.

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. Visit NAA's merchandise section to view and order.
Happy Ending for Tim Horton's Founder back to top 

No Serious Injuries In Global 5000 Crash Landing

Heavy, wet snow and strong winds were present when a Bombardier Global 5000 business jet's landing gear collapsed after the aircraft apparently landed short of the runway at a private airport at a golf resort in Nova Scotia on Sunday. None of the eight passengers and two crew was seriously hurt, although some were checked in to the hospital. Aircraft owner Ron Joyce, who is also the owner of the golf course and a pilot, told the Canadian Press the crash was like a car accident, only more spectacular. "We don't know, I don't know what happened," Joyce said. "... I am just happy to be standing here talking to you. It scared the hell out of me." Joyce, who co-founded a popular chain of Canadian donut shops called Tim Horton's, said he doesn't know if the $35 million jet, which has less than 100 hours on it, will be repairable. The Canadian Press said it appears the aircraft touched down just short of the runway at Fox Harb'r Resort and hit a small lip, collapsing the gear. Canada's Transportation Safety Board is on the scene and has begun its investigation. "We're going to look at all aspects, the weather conditions, and we'll look at the operation, the training of the pilots, everything," said spokesman Yves Joliceur. Joyce was thankful no one was hurt but lamented the possible loss of the airplane. "Whether they can repair it or not, I don't know, but it will be a long time before it's flying again if it can be," said Joyce, who is 77."This is an absolutely marvelous airplane. I'm heartbroken because I was looking forward to doing a lot of traveling with it, and it's good for the business we're involved in."

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Aviation Consumer Wants to Hear About Your Battery back to top 

Did Your Battery Die? Tell Us About It

Our sister publication, Aviation Consumer, will soon publish an in-depth report on aircraft batteries. As part of that report, the magazine would like to hear about your experiences with aircraft batteries -- good, bad or otherwise.

To take part in our online survey, click here.

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When purchasing gifts for family, friends, and flying buddies, go to AVweb's Holiday Marketplace. AVweb is the perfect 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, with AVweb!
Help Us Make the News back to top 

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Names Behind the News back to top 

Meet the AVwebBiz Team

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:

Timothy Cole

Editorial Director, Aviation Publications
Paul Bertorelli

Russ Niles

Contributing Editors
Mary Grady
Glenn Pew

Features Editor
Kevin Lane-Cummings

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