October 5th, 2009
Gulfstream Aerospace rolled out its new flagship business jet, the all-new Gulfstream G650, at company headquarters in Savannah on Tuesday.
Approximately 7,000 people gathered at the new G650 manufacturing building for the aircraft’s debut.
First announced in March 2008, the ultra-large-cabin, ultra-long-range G650 remains on schedule for customer deliveries in 2012.
June 17th, 2009
Bombardier is reducing its 10-year industry forecast for business jet deliveries by nearly 15 percent from last year because of the global recession.
The world’s third-largest aircraft manufacturer said Monday it now expects there will be 11,500 business jets delivered by the industry between 2009 and 2018.
Bombardier said the industry for new business aircraft will face challenges of a negative public perception about the use of private planes and a difficult economic climate.
May 13th, 2009
Boeing executive jet sales have plummeted in the slower economy, according to information from the 2009 European Business Aviation Convention and Exhibition (EBACE) in Geneva
Boeing sold eight new personal luxury jets since the show last year but had four orders cancel, leaving a net gain of four. This is an 87 percent drop from the last period between shows, when Boeing sold 33 of the aircraft.
The jets are usually called BBJs when they’re based on Boeing 737s, and VIPs when based on larger airframes.
April 30th, 2009
Cessna is laying off an additional 2,300 people, extending its summer shutdown, suspending its Citation Columbus program and closing its Bend, Ore., plant, the company said today.
The $27 million Columbus design was billed as the largest, fastest longest-range, most comfortable and most advanced Citation in history.
It was supposed to be ready in 2014 and state and local governments in Kansas had allotted millions in incentives to entice Cessna to build the production plant in the state.
March 21st, 2009
Royal Bank of Scotland cancelled a $45 million order for a luxury private jet that would have been used by its ousted chief executive and other executives if the bank had not needed a taxpayer bailout.
R.B.S. is majority-owned by the British government and is mired in a high profile row over a £16.6 million ($23.7 million), pension pot for the chief, Sir Fred Goodwin.
R.B.S. placed the order for the ultra-modern long-range Falcon 7X worth $45 million about five years ago, and the plane was due to be delivered this year.
February 23rd, 2009
Do you guys know CBC Television Show called FORTUNE HUNTERS (which is all about Canadian entrepreneurs) ?
They’ve just launched their second season, and you should watch their upcoming luxury-themed episode.
They’re featuring two stories : one about an entrepreneur who is starting up a caviar business and the other one is about an entrepreneur that has made it big with a jet-sharing company.
The whole episode is streamed on their website.
