American Sport Aviation Icon, Glasair, Sold To Chinese Buyer

  Glasair Aviation Acquired by Mr. Fang Tieji, Chairman of Jilin Hanxing Group Glasair Aviation LLC (Glasair), and Mr. Fang Tieji, Chairman of Jilin Hanxing Group co., Ltd., have announced that Mr. Fang has acquired Glasair’s kit-aircraft manufacturing assets. Glasair Aviation manufactures the very popular Glasair, Glastar and Sportsman lines of personal aircraft, having delivered … More American Sport Aviation Icon, Glasair, Sold To Chinese Buyer

Airbus starts production of upgraded A320

By David Pearson FARNBOROUGH, England–Airbus said Sunday it has started cutting metal–the first stage of a production process–for a more fuel-efficient version of its best-selling A320 single-aisle airliner. The A320neo, planned to enter into service from late 2015, will be equipped with a new type of engine and wingtip devices that together are expected to … More Airbus starts production of upgraded A320

CHINA’S ICBC LEASING, HEAI SIGN 10-AIRCRAFT ORDER FOR LEGACY 650s

       Rio de Janeiro, Brazil, June 21, 2012 – ICBC Financial Leasing Co., Ltd (ICBC Leasing), signed a deal for 10 Legacy 650 large executive jets, including five firm orders and five options, with Harbin Embraer Aircraft Industry Co., Ltd. (HEAI), Embraer’s joint-venture with Aviation Industry Corporation of China (AVIC). Deliveries are scheduled to begin … More CHINA’S ICBC LEASING, HEAI SIGN 10-AIRCRAFT ORDER FOR LEGACY 650s

NetJets to buy Bombardier, Cessna planes worth $9.6 billion

By Nicole Mordant (Reuters) – NetJets, a private jet-sharing company owned by Warren Buffett’s Berkshire Hathaway Inc (BRK-A), said on Monday it would buy up to 425 new business jets from Bombardier Inc (BBD-B.TO) and Cessna in a deal worth $9.6 billion to expand its North American and European fleet. The purchase, which NetJets described … More NetJets to buy Bombardier, Cessna planes worth $9.6 billion

Hawker Beechcraft bid deadline upSeveral companies may be interested in portions of company

By Molly McMillin The Wichita Eagle Parties interested in bidding on Hawker Beechcraft during its restructuring had until this week to submit the documentation on their bids. But the bids will not be made public as part of the company’s Chapter 11 bankruptcy filing, Hawker Beechcraft spokeswoman Nicole Alexander said. She did not have more information … More Hawker Beechcraft bid deadline upSeveral companies may be interested in portions of company

US Business Jet Market

This report describes and analyzes factors shaping the competitiveness of the U.S. business jet industry during 2006–11, as well as the industry’s structure worldwide. The United States has been the leading player in the industry since its inception in the 1960s. Three of the six global business jet producers are headquartered in the United States, … More US Business Jet Market

The World’s Leading STOL Pilatus Porter PC-6

The PC-6 has become a legendary aircraft, known around the world simply as ‘The Pilatus Porter’.Its unique Short Take-Off and Landing (STOL) capabilities, reliability and versatility in all weather and terrain conditions have established the reputation of the PC-6 as a rugged utility aircraft. The Pilatus Porter PC-6 is fully capable of operating from different types … More The World’s Leading STOL Pilatus Porter PC-6

Donnelly: Technology Transfer Positions Cessna For Long Term In China

By Kerry Lynch kerry_lynch@aviationweek.com Source: AWIN First April 20 , 2012 Textron’s Cessna Aircraft believes its agreement with Aviation Industry Corporation of China (Avic) will position the company to become a dominant player in the burgeoning Chinese aviation market, says Textron chief Scott Donnelly, dismissing concerns that the technology transfer involved could come with intellectual property … More Donnelly: Technology Transfer Positions Cessna For Long Term In China

Hawker Beechcraft Assets Attract Interest From Competitors

By Kerry Lynch kerry_lynch@aviationweek.com Source: AWIN First April 30 , 2012 Business jet makers are closely following Hawker Beechcraft’s financial situation, and at least a few of them are saying they would be interested in picking up some or all of the company should it become available at the right terms. “We are evaluating how this … More Hawker Beechcraft Assets Attract Interest From Competitors