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January 2018
™
B U S I N E S S
A V I A T I O N
I N T E L L I G E N C E
Aircraft Registration for Private & Commercial Operations Celebrating its 5th Anniversary at Singapore Airshow Come see us at Chalet CD15 See pages 54 & 55 for further details
THIS MONTH Aircraft Comparative Analysis – Global 5000 How to Ensure Great FBO Service What’s It Like to Fly the HondaJet www.AVBUYER.com
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Editor Welcome Jan18.qxp_JMesingerNov06 19/12/2017 15:37 Page 1
EDITORIAL Editorial Director J.W. (Jack) Olcott 1- 201 572 9284 Jack@avbuyer.com
Editor’s Welcome
They’re All Business Aircraft ctivity at year’s end is intense for most businesses, especially so for buyers and sellers of business aircraft. Transactions involving equipment that are ordinary and necessary for the furtherance of business typically have significant ramification for a firm’s taxes, thus buyers and sellers want to complete their transactions by December 31. The run up to January 1, 2018 was particularly tense this past year for the US Business Aviation community. With both houses of the US Congress, each with a Republican majority, highly motivated to pass a joint resolution reforming the nation’s tax code, thereby providing President Trump with the first legislative win of his year-old administration, activity in the US Capital was indeed frenetic since tax reform Bills passed by the House of Representatives and by the Senate differed in several ways. For the Business Aviation community, one of the most significant differences involved 100% depreciation for new and used equipment, including business aircraft. Provisions in the House bill treated new and used aircraft similarly, allowing 100% depreciation, but the Senate bill proposed 100% depreciation only for new aircraft. By the time you receive this month’s issue of AvBuyer, tax legislation may be finalized and ready for President Trump’s signature. Only then will we know whether Congress agreed to maintain 100% depreciation for both used and new aircraft, as was the tax code for many years. We feel that there are many unintended consequences in eliminating 100% depreciation for used aircraft. The vast majority of business jets and turboprops are sold to companies and entrepreneurs who have business aircraft. Unequal tax treatment discourages market activity. Without a healthy market for used aircraft, current owners desiring to upgrade will find the market for their
A
4
AVBUYER MAGAZINE – January 2018
existing aircraft negatively impacted. A robust market for new aircraft requires a robust market for used aircraft. Equal Treatment The die may be cast as we enter 2018, however. If so, we have no choice but to make a better case for why our nation needs all business aircraft—used as well as new. Regardless of whether it was just delivered from the OEM or had done yeoman’s duty for several owners, a business aircraft is business equipment and should be equally treated for tax purposes. The Business Aviation community must do more to communicate the fact that there is one market for business aircraft, not one for new equipment and another for used. Both new and used aircraft serve the same purpose—they are highly capable business tools. Following best practices for servicing and maintaining business aircraft as well as adding new equipment when available, used aircraft maintain their capabilities and provide great value at attractive prices. Furthermore, both new and used aircraft represent substantial investments of capital. To the extent that the tax code should encourage productive investments, both new and used aircraft deserve equal treatment. Today, many well-established Flight Departments appreciate the benefits of purchasing late model used aircraft. Whereas a decade ago the focus was mostly on aircraft delivered from the factory, today Fortune 100 companies look for value in used as well as new aircraft. Indeed, new or used, a business aircraft is a valuable business tool. The entire Business Aviation community would be wise to promote the advantages of all business aircraft— used as well as new.
Jack Olcott Editorial Director, AvBuyer
www.AVBUYER.com
Commissioning Editor Matthew Harris 1- 800 620 8801 +44 (0)20 8939 7722 Editorial@avbuyer.com Editorial Contributor (USA Office) Dave Higdon Dave@avbuyer.com Consulting Editor Sean O’Farrell 1- 800 620 8801 +44 (0)20 8255 4000 Sean@avbuyer.com ADVERTISING Linda Blackburn (USA Sales) 1- 614 418 7064 Linda@avbuyer.com Lise Margin (USA Sales) 1-703 818 1024 Lise@avbuyer.com Maria Brabec (European Sales) +420 604 224 828 Maria@avbuyer.com Karen Price 1- 800 620 8801 +44 (0)20 8255 4700 Karen@avbuyer.com Liam Robinson (Digital Solutions Manager) 1- 800 620 8801 +44 (0)20 8939 7720 Liam@avbuyer.com STUDIO/PRODUCTION Helen Cavalli / Mark Williams 1- 800 620 8801 +44 (0)20 8939 7726 Helen@avbuyer.com Mark@avbuyer.com CIRCULATION Sue Brennan 1- 800 620 8801 +44 (0)20 8255 4409 Sue@avbuyer.com AVBUYER.COM Jayne Jackson Jayne@avbuyer.com Emma Davey Emma@avbuyer.com MANAGING DIRECTOR John Brennan 1- 800 620 8801 +44 (0)20 8255 4229 John@avbuyer.com USA OFFICE 1210 West 11th Street, Wichita, KS 67203-3517 EUROPEAN OFFICE AvBuyer House, 34A High Street, Thames Ditton, Surrey KT7 0RY, UK +44 (0)20 8255 4000 PRINTED BY Fry Communications, Inc. 800 West Church Road, Mechanicsburg, PA 17055
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Contents Layout Dec17.qxp 20/12/2017 12:23 Page 1
Contents Volume 22, Issue 1
January2018
T BizAv Intelligence 16
Business Aviation Market Summary: Market trends, indicators, assessments and forecasts, introduced by Rollie Vincent
36
How Is the Business Aviation Market Looking: Piecing together the evidence from 2017 we consider the signs for used aircraft sales in 2018…
42
What are the Used Aircraft Sales Trends: Vref’s Fletcher Aldredge considers used aircraft inventory levels and assesses aircraft value trends
T Flight Department 44
58
How to Ensure Great FBO Service: Jetex’s Faisal Nizamuddin offers five top tips to enjoy good ground handling services internationally
66
How to Better Control Fuel Costs: It forms a big part of your annual operating budget, but how can you better control your fuel purchase practices?
70
How to Stay Ahead of the Jet Connectivity Curve: Have you accounted for future connectivity advances for your jet? Aviation Director Andre Fodor discusses…
74
10
AVBUYER MAGAZINE – January 2018
What To Know About Airspace Plans: Ken Elliott highlights how airspace plans impact all aspects of GA, and discusses the US, Europe and ICAO, respectively
What is the HondaJet Like to Fly: On behalf of AvBuyer, Rohit Jaggi reports on his experience flying the HA-420 HondaJet. Find out what he thought…
www.AVBUYER.com
80
How to Enhance Flight Operations Effectively: What are the implementation trade-offs of new technology in the Flight Department? Mario Pierobon considers…
82
Retail Price Guide: 20-year UltraLong-Range & Large Cabin jet price guide from The Aircraft Bluebook
86
Specifications: Ultra-Long-Range & Large Cabin jet performance and specifications comparisons for aircraft aged 20 years and younger…
92
Aircraft Comparative Analysis – Bombardier Global 5000: How does the Global 5000 compare against Dassault’s Falcon 7X? Find out here…
T Boardroom 100
Which Business Aviation Ownership Option: What is the best way to engage in Business Aviation? David Wyndham provides answers on the options in his new series
104
When is Right to Transition Jets: There are various factors leading to the outgrowth of a business aircraft. When do you know the right is time to transition?
T Community News 108 BizAv Review: OEM News and
Industry Appointments from around the BizAv Community
Next Month
• Aircraft Comparative Analysis - Airbus H175 • Avionics: What’s Synthetic Vision & Why’s it Important? • Understanding Helicopter Transactions
Aircraft Index see Page 137
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MarketIndicators Jan18.qxp_Layout 1 19/12/2017 11:29 Page 1
BIZAV INTELLIGENCE T MARKET INDICATORS
Business Aviation Market Summary With many aircraft sales and marketing teams returning from a much-deserved holiday break, January sees the New Year begin with great expectations for the business aircraft marketplace. Rollie Vincent, Editor, Market Indicators assesses the scene… or those industry professionals who have managed to survive and even thrive through the more-than nine-year period since the financial crisis of late 2008, this has been an exceedingly long recovery. On the good news side, it is encouraging to note that aircraft utilization levels in the key US and European markets have been consistently trending upwards on a yearover-year basis. Led by strong Charter/Part 135 activity levels, flight activity is supported by attractive pricing and competitive posturing that are enticing customers to consider all of their options, whether whole airplane ownership or not.
F
Used Aircraft Sales Prospects
The sentiment of business aircraft owners and operators continues to rebound from a recent low in Q3 2016, according to the latest Q4 2017 JETNET iQ Survey, a harbinger of better days ahead for Business Aviation. 16
AVBUYER MAGAZINE – January 2018
Purchase prices for used business aircraft, especially in the Medium and Large jet segments, remain relatively soft, reflecting a classic case where there are more sellers than buyers (see Asset Insight’s analysis on p32-33). Despite the fact that much of the most attractive inventory has been picked over, a wave of wellpedigreed trade-in aircraft will surely be coming into the market during 2018, with the entry into service of the Pilatus PC-24 (FAA- and EASA-certified in December 2017), and expected arrivals of Cessna’s Citation Longitude and Gulfstream G500. Flight test teams at Gulfstream and Bombardier will be pushing the throttles forward throughout the year as the Gulfstream G600 and Bombardier Global 7000 Large-Cabin business jets try to beat the clock that will strike midnight on December 31, 2018.
On the Horizon
The December 31, 2019 deadline for ADS-B Out compliance for aircraft operating in most US airspace
www.AVBUYER.com
Aircraft Index see Page 137
MarketIndicators Jan18.qxp_Layout 1 19/12/2017 11:29 Page 2
Rollie Vincent is President of Rolland Vincent Associates. His aviation market analysis is second to none, and he is the creator/director of the JETNET iQ program. With a solid background in market research, economics and statistics, he has more than 30 years of experience in business, regional and international aviation, including positions with Bombardier, Cessna, Learjet, Flexjet, and ICAO. Contact him via rvincent@rollandvincent.com
is fast approaching. Despite a long period of advance notification (some might say too long), an estimate from leading independent MRO provider Duncan Aviation is that a remarkable 40% of the US business aircraft fleet will not be equipped in time to meet the implementation deadline. To put this into perspective, this represents about 8,800 business jet and turboprop aircraft, equivalent to the entire fleet of non-US based business turbines worldwide. Perhaps reminiscent of the infamous ‘Y2K’ information technology challenge that faced many organizations at the turn of the century, ADS-B readiness (or, more correctly, the lack thereof) is looming large on the proverbial industry radar, no doubt representing a steady stream of MRO business as well as one more nail in the fuselage of the very aged fleet of early-generation models. Can it finally be time to put a few more of those old birds out to pasture?
World Economies
On the macroeconomic and geo-political fronts, the economies of North America and Europe continue to expand at a relatively impressive pace. The US economy finished Q3 2017 up 2.3% Year-over-Year (YoY), its 31st consecutive quarterly expansion going back all the way to the beginning of 2010. The Euro Advertising Enquiries see Page 4
Area economy closed out Q3 2017 up 2.5% YoY for Q3 2017, its 16th consecutive quarter of growth after a devastating double-dip recession. A major tax reform bill being pushed through the US Congress as we went to press was already providing a run-up in stock markets, with a promise of lower corporate tax rates and temporary tax benefits for low- and middle-income earners. Business aircraft transaction specialists will be watching closely to see how changes to accelerated depreciation and 1031 Like-Kind Exchange rules will impact new and used aircraft sales.
Further Ahead in 2018
Stand by for protracted negotiations on the details of Brexit, a sure-to-be contentious mid-term US Congressional election, more chapters of explosive rhetoric between North Korea and the United States, and what looks to be at least 365 more days of ‘breaking news’ that will continue to influence the levels of confidence that impacts business aircraft buying and selling decisions. A fresh influx of attractive inventory with the entry into service of new aircraft models will continue to have a moderating effect on pricing, continuing the historic buyer’s market for the year to come. MI www.navigating360.com
www.AVBUYER.com
continued on page 20
January 2018 – AVBUYER MAGAZINE
17
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MarketIndicators Jan18.qxp_Layout 1 19/12/2017 11:30 Page 3
BIZAV INTELLIGENCE T MARKET INDICATORS
Flight Activity - North America TRAQPak data indicate that November 2017 posted an increase of 4.8%, Yearover-Year (YoY). However, November posted the expected Month-over-Month (MoM) decreases over October 2017…
showed a decline against November 2016. Results by operational category were all negative for November 2017 vs. October 2017, excepting Large Cabin jet Part 135 activity. Part 91 posted the largest monthly decrease. Similarly, all aircraft categories were negative for the month, with Turboprops posting the largest monthly decrease. TRAQPak analysts estimate that for December there will be a 5.6% increase in overall flight activity YoY.
The results, YoY, by operational category were all positive again, notes ARGUS, with Part 135 activity continuing to produce substantial gains. Likewise, the aircraft categories were all positive too, with Large and Mid-size jets posting the largest gains. Only one individual sector, Large jets in Fractional operations
MI www.argus.aero
TABLE A - NOVEMBER 2017 vs NOVEMBER 2016 North America Flight Activity
PART 91
PART 135
FRACTIONAL
ALL
TURBOPROP
0.5%
10.4%
4.1%
4.4%
LIGHT JET
2.0%
3.7%
5.6%
3.1%
MID-SIZE JET
2.0%
9.3%
6.7%
5.6%
LARGE CABIN JET
6.2%
11.8%
-4.7%
6.6%
ALL
2.1%
8.6%
4.5%
4.8%
TABLE B - NOVEMBER 2017 vs OCTOBER 2017 North America Flight Activity
PART 91
PART 135
FRACTIONAL
ALL
TURBOPROP
-5.7%
-4.4%
-7.5%
-5.2%
LIGHT JET
-7.1%
-2.4%
-1.7%
-4.8%
MID-SIZE JET
-7.3%
-3.5%
-3.0%
-5.0%
LARGE CABIN JET
-6.0%
0.0%
-5.1%
-4.0%
ALL
-6.5%
-3.1%
-3.4%
-4.9%
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Flight Activity Europe
November 2017 was another growth month for Business Aviation in Europe, with 61,837 flight departures, up 6.1% Year-over-Year (YoY), taking the Year-ToDate (YTD) growth trend to 4.2%. Activity in November 2017 was still 10.5% behind the pre-economic crisis peak in November 2007, but the results continue the recent trend. The biggest growth came in Western Europe, with Business Aviation departures up significantly in the leading markets of the UK, Spain and Switzerland. YTD, Germany has added the most flights. Of the smaller markets, Greece, Belgium and Portugal enjoyed well over 15% growth this month, with flights from Poland and Croatia up 25% YoY. Business Aviation flights from Turkey were down 12%, but are still up 6% YTD. France was by far the busiest domestic market, with 7,000 flights, up 2% YoY. Flights from France to Germany were up 11%, and from France to Spain were up 31%. Flights within the UK were up 10% this month. Domestic flights in Italy declined 3%. Business Aviation arrivals into Europe were up due to strong growth in transatlantic connections; elsewhere, arrivals from CIS region and Middle East were flat, and North Africa arrivals were down. Flights to Latin America declined 5% YoY. AOC activity continued to be the main overall growth driver, representing 47% of activity and up 10% YoY. Charter growth rates since the summer have exceeded 8% each month. Private activity slightly improved this month, though it was flat for business jet sectors. “November’s flight activity was typically low-season, but the strong YoY growth is evidence of the ongoing recovery in demand in 2017,” concluded Richard Koe, Managing Director, WingX Advance. “A lot of the additional flying is being operated as Large-Cabin AOC missions, on short European sectors, suggesting some aggressive pricing. “Excess capacity is encouraging the buyer’s market; overall activity this month was still down 10% on the levels of a decade ago, despite the much larger active fleet of aircraft.” MI www.wingx-advance.com continued on page 24
20
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft Index see Page 137
Corporate Concepts January.qxp 20/12/2017 15:58 Page 1
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MarketIndicators Jan18.qxp_Layout 1 19/12/2017 11:30 Page 4
BIZAV INTELLIGENCE T MARKET INDICATORS
CJI Miami 2017 Overview Corporate Jet Investor Miami 2017 brought together senior level financiers, brokers, arrangers, lawyers, manufacturers, operators, appraisers and others active in business jet transactions in the Americas. Following are some highlights to emerge… Just over half of attendees at CJI Miami 2017 felt more optimistic about the future of Business Aviation. In a poll, 57% said they felt more optimistic about the next ten years. Forty three percent said they didn’t. 40% of US Business Aircraft Won’t Meet ADS-B Deadline: Duncan Aviation president Aaron Hilkeman said to achieve 100% compliance within the next 25 months, the current ADS-B installation rate of 1,758 per month for US-based piston and turbine airplanes and helicopters would have to nearly double to 3,390 per month, which he believes is impossible. ‘Lost Decade’ for Light & Mid-size Jets Nears End: According to Jon Raviv, US aerospace and defense senior equity analyst at Citi Research, the Light and Mid-size jet markets have now ‘found a floor’ since deliveries exceeded long-term trends in the 2000s, which ‘cannibalized’ demand for new aircraft this decade. Raviv is calling for flat deliveries in these segments over the next three years, averaging 444 aircraft annually. “Large-Cabin jets could be on the cusp of a ‘lost decade’, but new products such as the Global 7000 and Gulfstream G500 and G600 can aid the escape,” he said. Aircraft Finance - Stay in Your Comfort Zone: That’s the message to the Business Aviation sector from financier Dave Labrozzi. Asked where he saw the financing providers getting into trouble in the future, he said: “My message to the community is very simple. If it seems too good to be true… right? The main objective is to be comfortable, stick to your knitting, stay in your comfort zone.” He added that a problem he foresaw was banks entering the aviation financing market, “loading up like there’s no tomorrow”, doing a number of aircraft deals and then suddenly stopping. Focus on the Future: Embraer’s Michael Amalfitano offered a glimpse of the future of Business Aviation, noting how it had been changing during the last few decades. “We believe there’s a new
platform – a new ecosystem – out there…It’s no longer about the airplane. It’s no longer about owning the plane. It’s very much about how you want to create an experience for the passenger, to have the experience of corporate flight,” he said. Amalfitano says this is happening because Millennials – Business Aviation’s future customers – have a very different approach to how they buy and use things to previous generations. They use “the device in their palm to buy everything they need and then share it with everyone they know.” Making the Case for the Business Jetliner: The used aircraft market is growing across the Business Aviation sector, including business jetliners, says Drew Gough, Boeing Business Jets. He explained how people who may not be able to afford a new jetliner are snapping up used aircraft thanks to a range of features including low depreciation and the amount of extra space and baggage capacity they offer. Current Trends from Rolls-Royce: Dean Roberts, of Rolls-Royce North America, highlighted some current trends within the US Business Aviation industry, including: • • • •
Flight departments are declining as a proportion of Rolls-Royce North America’s total fleet; The number of high net worth individuals who own aircraft is growing, mainly outside the US; Charter and management companies are slowly growing through consolidation; There is an increase in the entry of commercial airlines into the Business Aviation sector (“a very positive sign for us in Business Aviation”, Roberts notes).
Depreciation the ‘New Normal’: Chris Miller of Shearwater Aero Capital focussed on depreciation as being “the new normal”, noting the Business Aviation industry is acting like a mature industry such as car manufacturing, and the data are showing aircraft depreciating by 10% a year. “That’s the sign of a mature market,” he concluded. MI www.corporatejetinvestor.com
Africa’s Bizjet Fleet to Grow 25% Africa's private jet fleet is poised to grow more than 25% in the next eight years, Global Jet Capital projects. Each of the continent's regions will see a net increase... New analysis of industry data by Global Jet Capital reveals that the continent’s business jet market is set for significant growth. The company predicts 160 new aircraft being delivered to the continent by 2025. These aircraft are forecast to have a total value of around $3.9bn, or just under $500m per year. A key driver
behind this growth will be the southern Africa region which is expected to account for around a third of all the jets based in the continent. The southern Africa fleet will expand by a net total of about 40 aircraft, to 184, in the next eight years. West Africa will see its fleet climb from 97 to 124; North Africa from 79 to 101; Central Africa from 59 to 75, and East Africa from 29 to 37. Ensuring operators have sufficient financing options was one of the major topics being discussed at the recent AfBAC.
“We recently carried out research amongst Business Aviation professionals which showed that more than three quarters expect the demand for aircraft financing to increase in the next five years,” said Simon Davies, Global Jet Capital vice president, sales, Africa and the Middle East. “It is critically important that clients are able to access financial support in order to continue to develop the African Business Aviation fleet.” MI www.globaljetcapital.com continued on page 28
24
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft Index see Page 137
Hatt & Associates January.qxp_Layout 1 19/12/2017 11:23 Page 1
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BIZAV INTELLIGENCE T MARKET INDICATORS
PNC Aviation Finance notes there were 516 used retail sales in the business jet market in 3Q 2017, up 5.7% over Q3 2016, but down 8% from Q3 2014 (the record for any Q3 used retail transaction amount). Jeff Dunn explores… As of Q3 2017 there were 1,617 transactions Year-To-Date (YTD) in 2017 in the used market, up 7.5% Year-over-Year (YoY) from 2016. Updated Q3 2017 data suggest a year-end transaction forecast between 2,098 and 2,223 used business jets, and while a difference of 125 transactions seems like a large amount for a single quarter, the number can be broken down for further analyses: •
•
The conservative forecast (2,098 transactions for year-end) indicates a Q4 2017 total of 481 used business jets. If that number were to hold true, it would be the lowest Q4 amount of used sales since 473 transactions in Q4 2011. As dismal as that number may seem by today’s standards it was still the best quarter of 2011. The more optimistic side reflects on the fact that 2017 has been a year in which industry experts have attributed an uptick in used sales. Over the past 10 years, used sales transactions occurring through the end of Q3 have represented an average 72.8% of the year’s total transactions. Using that methodology results in 606 transactions in Q4 2017 and 2,223 for all of 2017 (narrowly dethroning 2014 as the year that realized the most used business jet transactions by 32 aircraft).
Could the higher end of the projection be true? For the same reasons as stated above concerning the conservative projection, it could be; however, those in the industry that follow this market closely have felt a recent slowing in activity.
Market Speed Bumps
“Relative to the last decade, OGARAJETS has had a very strong year – both from a brokerage standpoint and from an inventory perspective,” offers Johnny Foster, President & CEO, OGARAJETS. “The industry still feels very positive, but
inventory remains high to the point where the market cannot absorb all of the supply. “Another new critical aspect to today’s market is depreciation, not tax, but market. Business aircraft are now widely viewed as a piece of capital equipment – they depreciate every year.” This topic of continued Jeff Dunn, PNC Aviation Finance depreciation has been a hard adjustment for many industry veterans, both owners and brokers. “From 2009 to 2014, I had a hard-time – and even apologized to clients – when we would sell their aircraft for less than what they had paid for it five years earlier. “It had become an expectation in many circles that if you paid attention and accurately timed those value fluctuations the industry had become accustomed to prior to the recession, you could make money every time you bought an aircraft. Then inventory was very tight though – 1,000 units for sale, give or take, and more than enough buyers to absorb the supply.”
Q4 2017: High or Low Outcome?
So how will Q4 shape up for transactions? What is likely? Based on industry experts noticing this slight slowdown thus far into Q4, a number erring towards the conservative side of what the data indicate may be a safer projection. Irrespective of how the year-end transactional numbers turn out, there are some certainties that can be taken away from 2017: •
•
• •
The good-pedigreed, used aircraft that have entered the market have traded quickly – with some aircraft even noticing some slight, short-term value upticks earlier in the year based on the demand; The current used jet market has slowed down a bit in terms of transactions, but has also been picked over from the standpoint of good-pedigreed aircraft – there is likely a correlation between the two; There is still optimism in the market and many believe that 2018 will be another strong year for used aircraft; and The used inventory will need to continue to shrink in order for the new aircraft market to start gaining some real ground.
MI www.pnc.com
continued on page 32
Chart A: Used Business Aircraft Transactions 2,500
519 289
1,000 500 0
440
443
473
504
600
615
559
571
481
606
1,403
1,151
918
1,117
1,310
1,389
1,454
1,576
1,534
1,504
1,617
1,617
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2017
Q1-Q3
28
Optimisitic projection for Q417
➞
2,000 1,500
Conservative projection for Q417
➞
Third Quarter Activity Still Trumping Along
AVBUYER MAGAZINE – January 2018
Q4
www.AVBUYER.com
Aircraft Index see Page 137
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O'Garajets January.qxp_Layout 1 20/12/2017 12:22 Page 1
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BIZAV INTELLIGENCE T MARKET INDICATORS
In-Service Aircraft Values & Maintenance Condition Asset quality rebounded from October’s 12-month low (worst) figure, but Ask Price posted a new record low, according to Asset Insight’s market analysis of November 30, 2017. Tony Kioussis elaborates… Covering 92 fixed-wing models and 1,743 aircraft listed ‘For Sale’, the recent analysis showed Jet and Turboprop transactions for tracked models decreased by more than 75% over the past month. Ask Prices for tracked models decreased 3.1%, establishing another record low figure. Since December 30, 2016 Ask Price for tracked models has decreased virtually every month for an overall loss of 24%. • Large Jets: Led the loss column, falling 25.7% (posting another record low through a 4.5% reduction in November); • Medium Jets: Sustained a nominal monthly loss, but that created another record low figure and a total loss of 8.9% since December 2016; • Small Jets: Ask Price improved 2.2% last month, but the group has suffered a drop of 15.2% since December 2016; • Turboprops: Exhibited the smallest price fluctuation all year, and ask prices increased 0.8% in November, decreasing the group’s 2017 loss to 2.3%. Inventory Fleet Maintenance Condition The decreasing Quality Rating Trendline (Table C) illustrates absorption of higher quality aircraft this year. Turboprop sales last month bucked this trend pushing the overall Asset Quality to the top end of the ‘Very Good’ range. Specifically: The Quality Rating improved to 5.230 from last month’s 5.165, on Asset Insight’s scale of 2.5 to 10. Given the market’s focus on higher quality assets, Asset Insight expects to see the figure decrease based on Q4 sales trends. The tracked fleet’s average Maintenance Exposure (an aircraft’s accumulated/ embedded maintenance expense) posted a nominal 0.1% improvement to $1.452m from last month’s $1.454m, but that still represents a 5% Exposure increase over the past 90 days. In other words, higher asset quality units have been the ones transacting.
30 days, posting yet another 12-month high figure of 64%. At 48.2% Turboprops once again had the best (lowest) Ratio; Large Jets registered a record high 58.3%; Medium Jets improved to 64.2%; and Small Jets posted a 12-month high figure of 77.8%.
Market Summary Our tracked fleet inventory decreased by only one unit this month. This is not surprising, considering the lower number of transactions compared to October. Nor is the industry’s continued preferential fondness for higher quality aircraft. With 49% of tracked models and 55% of inventory posting an ETP Ratio above 40%, it will be interesting to see how values react during the last few trading weeks of 2017. Large Jets: Sales activity during November was light, decreasing the tracked inventory fleet by 1.5% (six units), and primarily higher asset quality aircraft traded. This was reflected in the group’s Quality Rating decrease to a 12-month low, although the figure remained in the ‘Excellent’ range at 5.297. Maintenance Exposure worsened/increased by 2.6% and, with a record low Ask Price, the group’s ETP Ratio could not help but suffer. Medium Jets: Sales activity decreased inventory 1.3% (seven units) and the group maintained its ‘Very Good’ Quality Rating at 5.168. Maintenance Exposure improved 0.8%, and that was sufficient to decrease the group’s ETP Ratio a bit, even though Ask Price retained its record low figure. If the optimistic Q4 sales prediction Asset Insight made last month is to materialize, this group’s sales activity needs to register a dramatic increase in December. Small Jets: With a 3.4% (16 units) decrease to the tracked fleet, this group experienced a fairly active month while improving its ‘Excellent’ Quality Rating to 5.312. Maintenance Exposure worsened nominally and continued registering a 12-month high figure. While average Ask Price improved 2.2%, the increase proved insufficient to favorably affect the group’s ETP Ratio. Turboprops: The group’s Quality Rating spiked 5.24% to achieve a ‘Very Good’ rating Exposure to Ask Price (ETP) Ratio of 5.126 (a 12-month best figure). The 1.3% The ETP Ratio (Chart B) calculates an aircraft's inventory fleet decrease (four units) also maintenance exposure as it relates to the ask resulted in a 4.8% Maintenance Exposure price. This is achieved by dividing an aircraft's improvement. Coupled with a 0.8% Ask Price Maintenance Exposure (the financial liability improvement, the group was able to lower its accrued with respect to future scheduled ETP Ratio 3.7 AI2 basis points. Asset Insight maintenance events) by the aircraft's continues to believe that Turboprop values Ask Price. have stabilized and does not expect the The ETP Ratio is a useful indicator of an Quality Rating to maintain its current figure aircraft’s marketability. ‘Days on Market’ for long. Unlike this month’s Jet sales analysis has shown that when the ETP Ratio is dynamics, Turboprop transactions absorbed greater than 40%, a listed aircraft’s Days on lower quality assets. Either buyers were able Market increases (in many cases by more to address aircraft maintenance exposure than 30%). through pricing or sellers secured very good The tracked inventory fleet’s ETP Ratio value for their asset. worsened by 0.5 AI2 basis points over the past MI www.assetinsight.com T
32
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Table C
Fleet Maintenance Condition
Chart B LOW RISK AIRCRAFT MODEL ETP RATIO G650 Boeing BBJ F900LX Citation CJ4 525C Citation XLS+ (MSG3) F900EX EASy F2000LX Phenom 300 G-150 Pilatus PC-12 Citation CJ3 Citation Sovereign 680 Citation CJ2+ 525A CL-605 G 450 Piper Meridian F900DX Citation XLS (MSG3) G550 Hawker 900XP KingAir 350 - Pre-2001 Citation Encore KingAir B-200 - Post-2000 Citation XLS Citation CJ2 Learjet 60XR Challenger 300 KingAir 350 - Post-2000 F900EX Learjet 45XR Phenom 100 Citation Mustang 510 Falcon 50EX Global XRS Citation CJ1+ Global 5000 Citation Excel 560XL KingAir B-200 - Pre-2001 Premier 1A CL-604 Hawker 400XP
2.3% 6.3% 6.5% 7.4% 9.1% 9.5% 12.3% 12.6% 13.5% 14.0% 15.5% 17.3% 17.6% 18.4% 18.9% 19.8% 21.6% 22.8% 23.1% 23.8% 24.5% 25.0% 26.0% 26.0% 26.1% 26.9% 28.2% 29.8% 30.2% 30.7% 30.8% 30.9% 31.6% 32.5% 33.4% 35.3% 35.4% 38.8% 39.2% 39.4% 39.7%
HIGH RISK AIRCRAFT MODEL ETP RATIO F900B Hawker 850XP Embraer Legacy 600 Learjet 45 F900 Citation X (MSG3) Piaggio P-180 II Learjet 45 w/APU G-200 KingAir 300 Hawker 800XP Falcon 2000 Hawker Beechjet 400A GIV-SP Citation Bravo GV Citation V Ultra Citation V 560 Premier 1 Global Express GIV-SP (MSG3) Falcon 50 Beech B-1900C Hawker 1000A Piaggio P-180 Learjet 60 Learjet 31 Hawker Beechjet 400 KingAir C90 GIV Citation VI CL-601-3R Citation II Hawker 800A Citation ISP Learjet 35A Learjet 55 CL-601-3A CL-601-1A Falcon 20-5
40.2% 40.9% 42.0% 44.6% 45.3% 46.7% 47.0% 48.4% 49.5% 51.9% 54.0% 54.2% 55.9% 57.8% 58.9% 61.7% 62.8% 66.0% 70.9% 73.5% 76.4% 78.3% 85.2% 87.3% 90.9% 109.9% 111.8% 112.8% 115.5% 115.9% 119.5% 131.2% 135.6% 138.5% 143.0% 195.3% 199.2% 200.8% 213.2% 258.0%
Maintenance Exposure to Ask Price Ratio (“ETP Ratio”) As of November 30, 2017 Source: AMSTAT (www.amstatcorp.com) Asset Insight, LLC (www.assetinsight.com)
Aircraft Index see Page 137
MarketIndicators Jan18.qxp_Layout 1 19/12/2017 12:51 Page 7
Ask Price vs. Maintenance Exposure *
Asset Quality Rating Scale -2.500 to 10.000
Turboprops
Small Jets
Medium Jets
Large Jets
$ Millions
Ask Price Source: Amstat (www.amstatcorp.com) * The accrued cost of future scheduled maintenance
Advertising Enquiries see Page 4
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January 2018 – AVBUYER MAGAZINE
33
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BIZAV INTELLIGENCE T BUYING & SELLING
How Is the Business Aviation Market Looking?
Dave Higdon pieces together the evidence from 2017 and considers what the signs are for the used aircraft sales market in 2018…
H
appy 2018! So how did we do in the year just passed? Thanks to some savvy observers and their tireless tracking of sales and resales, we're blessed with some observations – even though this is being written with three weeks left in the old year. New aircraft sales throughout the year were down-to-flat, with different segments rising and falling according to quarterly reports from GAMA. Expectations for the year's end were similar, essentially. But in the more dynamic used jet segment, 2017 saw steady sales delivering a market with a low percentage of the fleet in play. That assessment comes courtesy of numerous analysts’ observations and calculations. Rolland Vincent, of Rolland Vincent Associates, pegged the end-of-year percentage of the fleet ‘For Sale’ at about 10.3%. That marks another year of decline for the used fleet ‘For Sale’ – and the lowest level for years. “Now that percentage is likely to grow a bit as year-end closings on used sales release a surge of new trade-ins into the market,” Vincent explained. 36
AVBUYER MAGAZINE – January 2018
“But it's unlikely to push up numbers appreciably. What it will do is add some late-model business turbine aircraft to the existing pool, and that could briefly impact prices.” Brian Foley, of Brian Foley Associates, noted the strength of the economies in North America while Europe and emerging markets show signs of strengthening, too. And he observed these factors won't change much in the coming year.
Key to Strong 2017 Sales
A popular view is that we remain in a buyer’s market, but just barely so. When the percentage falls under 10% the outlook traditionally shifts to a seller’s market. Uncharacteristically, however, prices remained soft throughout 2017. “We started with soft prices, and they've stayed that way all year,” Vincent observed. “They've been stuck in neutral all year. “We haven't seen the usual incremental gains in asking prices typical as supplies decline.” By all rights, prices should have been increasing all year, he explained. “For the second straight year, that hasn't been the case.”
www.AVBUYER.com
Aircraft Index see Page 137
BizAv Buying &Selling `jsn18.qxp_Finance 19/12/2017 11:39 Page 2
Dave Higdon is a highly respected aviation journalist who has covered all aspects of civil aviation over the past 35 years. Based in Wichita, he has several thousand flight hours, and has piloted pretty much everything from foot-launched wings to combat jets. Contact him via Dave@avbuyer.com
The expected influx of trade-in aircraft may cause some prices to fall, but no one is betting on that outcome. “People who searched for bargains were met with stable-market prices while others looked for niche aircraft – also at stable prices,” Vincent summarized. After enjoying a strong period following the Great Recession, the Large-Cabin jet market seems finally headed toward prices dropping back to ‘reasonable’ territory, with the formerly depressed Light and Medium jet segments again experiencing the level of demand known to keep them competitive. But the used inventory, Foley noted, as it stands, has been “picked over.” Light and Medium jets struggled to find buyers through most of 2016 and H1 2017. Today, they once again shine as corporate aircraft candidates.
The New Model Influence
With so many models in development or about to win their wings, OEMs have a backlog of orders. Deliveries of those new models should continue the fleet growth we've experienced in the midst of the Great Recession – and beyond. With new sales and leasing models emerging, more operators will find themselves with innovative options for benefiting from business aircraft. And with the business aircraft Advertising Enquiries see Page 4
industry's long-term habit of juggling sequential programs at once, the prospect of the pipeline drying out feels remote. But other factors stand to complicate future purchases of business aircraft. Still, there's potential for the used aircraft sales market via developments in the new aircraft field. “I think 2019 and beyond could be a bit improved as a lot of new models start hitting the market – models such as the Gulfstream G500 and G600, Bombardier Global 7000, Textron Longitude and Hemisphere,” Foley observed.
Conflicted Tax Bills
For Americans the past three months brought an endless stream of news and rhetoric focused on so-called “tax reform” as a tonic for an already strong economy. Claims that Americans need a $1.5 trillion tax cut for the economy to grow are heatedly refuted by economists. Three percent growth for the past two quarters, coupled with the lowest unemployment numbers in years and record corporate profits all indicate no need for tax cuts to incentivize business investments. Even the businesses say so. But that hasn't stopped the legislative snowball from gathering hundreds of pages of changes to the tax codes, some of which could bode badly for business aircraft operators. Vincent pointed out that the two bills in consideration differ in
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
37
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BIZAV INTELLIGENCE T BUYING & SELLING
how they'd treat the purchase of a used business aircraft. “One bill keeps the accelerated depreciation available for years now, while the other does away with it,” Vincent explained. “Which one we'll get must be worked out in a conference committee of members for the House and Senate.” Losing the accelerated depreciation on used business aircraft would likely hurt sales, Vincent said, and possibly send the market back to where it was on the cusp of the Great Recession a decade ago. “We don't know, or won't know, how this resolves because the House and Senate bills differ completely in their treatment of accelerated depreciation,” Vincent concluded.
What’s The Impact of It All?
Dealers and brokers managed to work their way through 2017 without a great deal of attrition, but it took work. Barring any major upheavals from tax changes and world affairs, 2018 should bring more of the same – and a few changes. Among factors dragging on business turbine aircraft sales, Foley said, is “…buyer realization that aircraft now depreciate like cars and dishwashers.
This type of decline is actually typical for capital goods. “Business jets had better residuals in the past due to there being more demand than supply. According to AMSTAT there are now over 22,000 business jets in operation worldwide which would make them seem more of a commodity today.” But, he added, “The most profound factor not helping is the heightened interest in flying privately without having to buy (i.e. through charter, membership programs, jet cards, etc.). This is reflective of a new generation willing to pay a premium to have access to many different experiences on an as-needed basis rather than committing to ownership. “For these same reasons as new, I would anticipate used aircraft sales to be flat into 2018 as well.” If anything, 2018 could see some balance restored to the business turbine market. But with turmoil in American politics and world affairs the new normal, any forecast is tentative at best – and risky at worst. T Are you looking for more Market Insight Articles? Visit www.avbuyer.com/articles/business-aviation-market-insight
“Barring any major upheavals from tax changes and world affairs, 2018 should bring more of the same – and a few changes.”
38
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft Index see Page 137
Freestream January.qxp 21/12/2017 10:27 Page 1
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BIZAV INTELLIGENCE T BUYING & SELLING
What are the Used Aircraft Sales Trends? Vref’s Fletcher Aldredge considers the inventory of used aircraft ‘For Sale’. What will he uncover about aircraft value?
T
he number of aircraft ‘For Sale’ can directly impact the sale price of the aircraft. Looking at the inventory as compared to one year ago, in general, the inventory numbers are decreasing. Some aircraft are even getting to the point where it’s difficult to find a good one ‘For Sale’. The ‘good aircraft’ tend to be US-registered, have great maintenance history and the correct equipment. (Equipment will vary depending on what aircraft you are looking for, but may include negative items like an aft galley or outdated avionics. Price is still a major factor, but may not be as much of a driving force as it has been in recent years. After the US election and the ‘Trump Bump’, there has been renewed excitement and an increase in activity for both General and Business Aviation. (That’s not to say that they are related, it’s a simple observation.) With activity levels rising and inventory levels declining, there’s a fresh energy and much needed boost in confidence. 2017 was a year of much anticipation. Judging by what we are seeing, it generally did not disappoint. 42
AVBUYER MAGAZINE – January 2018
Aircraft Value Analysis
Table A (opposite) includes only 2010-model aircraft. As always, it’s important to remember that each serial number is unique, and values can vary greatly. (Simply put, there are too many variables to consider all in one table.) ‘Percent of New’ is a comparison of the original MSRP in 2010 to Vref retail values as of Q4 2016 and Q4 2017. There are several noteworthy items within the table. Two models which increased in value over the year are the Diamond DA40 piston-single and the Quest Kodiak 100 turboprop. In fact, the Diamond DA40 increased in value for a second straight year. Additionally: • Ten models held a steady value, five of which were pistons, two turboprop aircraft and three helicopters. Ten different models have lost only 1% in value this year, including six pistons, three fanjets and one turboprop. • 16 aircraft in the table have lost 2-5% in value (comprised mostly of jets). • Two models have gone down more than 5% this year, a huge improvement from the 16 that met this criterion last year.
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Aircraft Index see Page 137
Used Aircraft Sales Trends Jan18.qxp_Finance 20/12/2017 10:11 Page 2
2010 Model Diamond DA40 Quest Kodiak 100 Airbus EC130B4 MD600N Piper Archer Socata TBM 850 Piper Seneca V Pilatus PC12 Beech G36 Bonanza Cessna T206 Cessna 172S Bell 407 Cessna 182T Cessna CJ2+ Mooney M20R Cirrus SR22 Piper Malibu Mirage Cessna CJ3 Beechcraft G58 Baron Learjet 60XR Diamond DA42 Beechcraft King Air C90GTi Cessna Corvalis 400 Falcon 2000EX Beechcraft King Air B200GT Cessna CJ1+ LearJet 45XR Gulfstream G150 Falcon 900EX Cessna Citation Sovereign Beechcraft King Air 350 Gulfstream G450 Falcon 7X Sikorsky S76C++ Hawker 900XP Airbus A365N3 Bombardier Challenger 300 Embraer Phenom 100 Robinson R44 Gulfstream G550 Agusta AW119KE • • •
•
% of New 2016 Q4
70% 62% 61% 64% 67% 68% 77% 77% 77% 79% 81% 83% 85% 55% 68% 74% 77% 58% 74% 27% 73% 57% 68% 47% 54% 54% 39% 37% 47% 47% 64% 39% 46% 63% 32% 75% 47% 61% 77% 55% 57%
Average % of New Change from Annual 2017 2016 - 17 Depreciation
72% 64% 61% 64% 67% 68% 77% 77% 77% 79% 81% 83% 85% 54% 67% 73% 76% 57% 73% 26% 71% 55% 67% 46% 52% 53% 37% 34% 44% 43% 60% 35% 42% 59% 28% 70% 42% 56% 71% 47% 46%
3% 2% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% -1% -1% -1% -1% -1% -1% -1% -1% -1% -1% -2% -2% -2% -2% -2% -3% -4% -4% -4% -4% -4% -4% -4% -5% -5% -5% -6% -9% -11%
3.4% 4.4% 4.8% 4.5% 4.2% 3.9% 2.9% 2.9% 2.9% 2.6% 2.3% 2.2% 1.9% 5.7% 4.1% 3.3% 3.0% 5.4% 3.4% 9.3% 3.6% 5.6% 4.2% 6.8% 6.0% 5.9% 7.9% 8.2% 7.1% 7.1% 5.0% 8.1% 7.2% 5.2% 9.0% 3.7% 7.2% 5.5% 3.6% 6.7% 6.7%
Table contains only 2010 model aircraft (visit www.vrefonline.com for current, average values as well as the ‘% of New’ for every year aircraft model. Each serial number is unique. Times and condition will cause great variations in price. ‘% of New’ is a comparison of the original new price in 2010 and either today's used retail price or 2016 Q4 retail price. Change is the difference between 2016 Q4 and 2017 Q4 % of New. Numbers are rounded-up (for example, the Cessna 182T ‘% of New 2016 Q4’ at 85.06% was rounded to 85%, the ‘% of New 2017’ at 84.55% was rounded to 85%. Thus, the ‘Change from 2016-2017’ at 0.51% was rounded to -1%
Advertising Enquiries see Page 4
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Fletcher Aldredge is publisher of the industry-respected Vref Aircraft Value Reference Guide. Vref is the industry’s modern price guide, designed especially for professionals operating in today’s challenging marketplace. Contact Fletcher via info@vrefpub.com
Bringing up the bottom is the G550 and Agusta AW119KE which have lost 9% and 11% respectively this year. However, this isn’t necessarily an accurate representation of the current market. The G550 percent of fleet ‘For Sale’ is down from 7.7% to 3.7%, which is a drastic improvement. Keep in mind, some yearly depreciation is expected, and this is only a small sample of 41 different aircraft models. If we look at the percent of new from Q4 2017, there are a total of 14 models that are still 70% or greater of their new value. This means that these 14 models are depreciating at an eight-year average of 3.7% or less. There are 15 other aircraft that are depreciating at an eight-year average of 3.9% to 6%. Of the 41 models polled, 37 of them are depreciating at less than 8% per year. Considering that these aircraft are now eight years old, these numbers seem respectable. More information: www.vrefonline.com T January 2018 – AVBUYER MAGAZINE
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FLIGHT DEPARTMENT T OPERATING
What To Know About Airspace Plans
lobal airspace is surprisingly integrated. This is partially because consensus-based working groups help craft and ensure the dynamic airspace technology requirements are truly globally in their representation. Airspace plans are important to flight departments because they are an indicator of future equipage and operational requirements, details of which are often buried in the plan itself. Airspace plans, however, are influenced by industry lobby groups and may be politically driven. As we have seen all too often, plans focused on airport throughput, capacity and efficiency to allow greater air carrier operations, require some changes in the way General Aviation operates. A recent example within the US and utilized by at least 39 business aircraft operators is Controller
G
44
AVBUYER MAGAZINE – January 2018
Pilot Data Link Control – Departure Clearance (CPDLC-DCL). Since last October the FAA has implemented DCL at all its planned 55 airports. Due to the program’s success, the US government has added a further seven for completion during 2019. To be fair, however, not all plans are geared to the needs of air carriers. The implementation of Wide Area Augmentation System/Lateral Path Vertical (WAAS/LPV) approaches has been a significant benefit for General Aviation. The success of this program is due, in part, to the rapid deployment of 3,863 LPV procedures serving 1,884 airports, of which 1,121 are at non-ILS airports. An additional 652 Localizer Performance (LP) approach procedures serve 492 airports. Some plans, implemented or underway, are truly universal in their applicability, such as Terrain
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Aircraft Index see Page 137
Avionics Jan18.qxp_Finance 19/12/2017 12:35 Page 2
Ken Elliott is a highlyrespected industry authority on avionics as a member of the NextGen Advisory Council sub-committee and Technical Director, Avionics at Jetcraft. Contact him via ken.elliott@jetcraft.com or www.jetcraft.com
Ken Elliott discusses airspace plans and how they impact all aspects of General Aviation, including business aircraft. In a three-part series he covers the US, Europe and ICAO, respectively.
Awareness and Warning System (TAWS) and Automatic Dependent Surveillance-Broadcast (ADS-B). Irrespective of politics and lobbying interests that may have initiated these safety and efficiency technologies, there is no doubt about their overall intention and outcome benefits. NBAA works tirelessly for the interests of its members and along with AOPA and GAMA, supports the wider global General Aviation community. When it comes to airspace priorities, these and other GA organization help balance what might be a concentration on air carrier (Scheduled Airlines and freight) interests. As unmanned aircraft interests enter the fray, however, the future will certainly be more complex.
What are the Global Airspace Plans?
There are effectively three primary plans driving Advertising Enquiries see Page 4
the global airspace design and user integration. These plans are multilevel, with each one covering volumes as you drill down into their layers. From a top-level perspective they are quite similar, but with a tendency to differentiate themselves using terminology more than anything else. “Nations divided by a common language”, one might say. Yet all the same, these plans are: • US (FAA) o NextGen Implementation Plan (NGIP and segmented as NSIP) • Europe (Eurocontol) o Single European Skies ATM Research (SESAR) Program • Worldwide (ICAO) o Aviation System Block Upgrade (ASBU) Program o Oceanic and remote airspace Continued on page 48
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January 2018 – AVBUYER MAGAZINE
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FLIGHT DEPARTMENT T OPERATING
Table A: Current & Planned
FAA CPDLC-DCL Airports
“Several other nations have more internally-focused or region-based plans.”
Existing CPDLC-DCL Towers
Voluntary consensus-based sub-committees, representative of both government and industry, advise these plans. • RTCA for FAA, using sub-committees • EUROCAE for Europe, using working groups • MDWG for ICAO, as multi-disciplinary work groups Also, other governmental agencies and not-for-profit organizations provide data and analysis to aviation agencies in support of their efforts. For example, the FAA outsources significant tasking of data gathering and analysis to NASA as another agency and to MITRE as a not-for-profit organization. Several other nations have more internally-focused or region-based plans. These include nations of the BRIC group, Canada, Australia and others. Often their plans are integrated into wider ongoing efforts, such as China’s Five-Year Plan. Aviation administrations tend to have two major administrative branches: • •
Air Traffic Management (ATM) with a primary focus on airspace and airport services (Note that in Europe ATM is handled by Eurocontrol). Aircraft Certification with a primary focus on safety certification pertaining to equipage and operations services to the users of airspace. (Note that in Europe these services are provided by the European Aviation Safety Agency.)
These two branches compete for priorities while heavily influencing the direction and makeup of airspace planning. Both require equipage to meet forecasted changes, and both bear significant burden in cost and disruption of the status quo to achieve individual and collective goals. As airspace and infrastructure users, the General Aviation community has a major stake in airspace development while demonstrating a keen interest in both equipage needs and operational requirements. Moving from analogue to digital and satellite-based technologies the FAA improves capacity and efficiency in the national airspace while reducing noise, carbon emission and fuel burn. This transformation is accomplished through the FAA’s NextGen Implementation Plan, which is constantly revised to accommodate the shifting needle of accomplishment. More recently the FAA has added a whole new section to include a focus on the North-East Corridor (NEC), the region of airspace extending from Washington DC to Boston. This busy airspace is of concern to the FAA, partially because of the high concentration of major airports and partially because of the ripple effect of delays and infrastructure issues across the remaining national airspace. Wisely focusing on several short-term goals, the FAA hopes to make tangible headway over the next 18 months or so, with a further leap forward another three years after that. One NEC project specific to General Aviation (to be conducted by NBAA during 2018) is participation in design and testing for vertical climb escape 48
AVBUYER MAGAZINE – January 2018
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Continued on page 52
Seven Future CPDLC-DCL Towers
The Impact of FAA NextGen
SITE NAME
SITE ID
KS 1: Salt Lake City KS 2: Houston Intcl KS 3: Houston Hobby Louisville Indianapolis Memphis Nashville Denver Atlanta Charlotte Orlando Miami Fort Lauderdale Tampa St. Louis San Juan Kansas City Minn-St. Paul New Orleans Austin San Antonio Los Angeles Las Vegas San Diego John Wayne Burbank Ontario San Francisco Oakland San Jose Sacramento Phoenix Albuquerque Portland Seattle Dallas Love Dallas FTW (x2) Newark JF Kennedy LaGuardia Teterboro Westchester Philadelphia Boston Bradley Detroit Cleveland Pittsburgh Balt/Wash Dulles Reagan Raleigh/Durham Chicago Midway Chicago O’Hare Milwaukee
SLC IAH HOU SDF IND MEM BNA DEN ATL CLT MCO MIA FLL TPA STL SJU MCI MSP MSY AUS SAT LAX LAS SAN SNA BUR ONT SFO OAK SJC SMF PHX ABQ PDX SEA DAL DFW EWR JFK LGA TEB HPN PHL BOS BDL DTW CLE PIT BWI IAD DCA RDU MDW ORD MKE
Joint Base Andrews Buffalo Charleston Columbus Fort Myers Reno Van Nuys
ADW BUF CHS CMH RSW RNO VNY
Aircraft Index see Page 137
Asian Sky January.qxp_Layout 1 19/12/2017 12:16 Page 1
Avjet FP August.qxp_Layout 1 19/12/2017 12:19 Page 1
Avjet multi January.qxp_Layout 1 19/12/2017 12:20 Page 1
2015 Gulfstream G650ER SN 6157
2002 Gulfstream GV SN 699
2007 Gulfstream G150 SN 240
2009 Falcon 2000LX SN 165
1997 Bell 430 SN 49048
1999 Boeing BBJ SN 29200
LOS ANGELES MARC J. FOULKROD +1 (818) 480-9964
SALES | ACQUISITIONS | CONSULTING AVJETGLOBAL.COM
WASHINGTON D.C. ANDREW C. BRADLEY +1 (410) 626-6162
Avionics Jan18.qxp_Finance 20/12/2017 10:04 Page 4
FLIGHT DEPARTMENT T OPERATING
Figure 1: The Northeast Corridor is a high priority and current concern of FAA
US Northeast Corridor
routes for both TEB and HPN airports. This is part of deconfliction efforts where several airports operate in closeproximity. In this case, two very busy General Aviation airports (TEB and HPN) are in close-proximity to LGA, JFK and EWR focusing on air carrier activity. Major areas of NextGen activity include… Multiple Runway Operations (MRO): including both dependent and independent parallel runway operations and wake turbulence separation, known as wake recategorization. Impacts to General Aviation occur when operating in and out of primary airports where timely access is crucial. There are no scheduled equipage plans for General Aviation. Surface: including primarily air traffic tools such as surveillance, system-wide information management (SWIM), time-based flow management (TBFM), traffic flow management system (TFMS) and terminal flight data manager (TFDM). As with MRO, General Aviation should experience timely access in and out of primary airports. There is no planned equipage for General Aviation. Data Comm: including CPDLC-DCL for departure clearance and later CPDLC-C for en route clearance. Supplementing voice, this popular feature is to be found first at primary and soon thereafter at secondary airports and traffic control centers, providing efficiency and faster access to GA operators. Note that in the future, equipage beyond VHF DataLink (VDL Mode 2), to include data recording, may be required.
PBN: Performance Based Navigation does include WAAS-LPV that directly impacts General Aviation equipage and operational approval. There are over 9,000 PBN procedures already in place, including those centered on Metroplexes such as LAS that will have an immediate and relevant impact to General Aviation. Typically equipage changes for GA are centered on flight management systems and associated operational approvals, providing an advantage to flight departments that regularly operate throughout these specific regions. Below are some other PBN improvements underway or planned… ‘Established on RNP’ (EoR): is a Required Navigation Performance (RNP) procedure introduced at airports such as KDEN. This precisely defined curved approach, including aircraft separation, does not affect GA aircraft as they are not and will not be required to equip. Equivalent Lateral Spacing Operations (ELSO): applies to primary airport runway operations and requires a level of navigational accuracy found in current GPS systems. Time Based Operations: cover a whole host of future procedures, where the predictability of an aircraft to be at a specific airspace metering point at a predetermined time is a function of the aircraft’s ability and performance. For General Aviation, the anticipated equipage will be some form of control to ensure a time-centric ‘PBN real-time adjustment’ of aircraft parameters to reach the metering points Continued on page 56
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AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
EAGLE AVIATION
50
+1 803.822.5520
CELEBRATING
SALES@EAGLE-AVIATION.COM
EST 1967
WWW.EAGLE-AVIATION.COM
EAGLE AVIATION
Serving the Business Aviation Community for over 50 Years
2017 CITATION LATITUDE • 680A-0066
2001 CITATION EXCEL • 560-5149
2001 CITATION CJ1 • 525-0448
1999 CITATIONJET • 525-0326
1981 KING AIR F90 • LA-116
1978 CESSNA 182Q • 18266772
AIRCRAFT SALES & ACQUISITIONS CONTACT INFORMATION LEE THOMAS , VP SALES & ACQ +1 803.429.7408 cell +1 803.822.5526 ofc lthomas@eagle-aviation.com
CARY FRIEDMAN +1 803.261.4782 cell +1 803.822.5550 ofc cfriedman@eagle-aviation.com
RALPH LACOMBA +1 803.530.3520 cell +1 803.822.5578 ofc rlacomba@eagle-aviation.com
HOWARD HENRY +1 336.406.6947 cell +1 803.822.5527 ofc hhenry@eagle-aviation.com
BRYAN WOOD, PISTON SALES +1 816.665.6207 cell +1 803.822.5522 ofc bwood@eagle-aviation.com
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Project1_Layout 1 22/12/2017 10:14 Page 1
Avionics Jan18.qxp_Finance 20/12/2017 10:22 Page 5
FLIGHT DEPARTMENT T OPERATING
Figure 2: Atlanta Equivalent Lateral Spacing Operations
➤
➤
Additional Departure Paths
+
12 ̊
➤
➤
➤ ➤
➤
13 ̊
➤
26 ̊
➤
(Courtesy of FAA)
➤
+
ATL
in a fuel-efficient manner. While newly built aircraft may find it easy to accomplish, legacy used aircraft will be a lot harder to conform to requirements. PBN is only as good as the weather permits, so Low Visibility Operations (LVO) go a long way to enabling flights as planned by executing take-offs and landings during periods of low visibility and poor Runway Visual Range (RVR). A future of low visibility operations, coupled to PBN continuous descent approaches (CDAs), is not far away. These may assure flight to touch down and roll out from as far as 200nm out from the airport. In fact, for General Aviation, this future is very close. More and more aircraft are equipping with lower cost Enhanced Flight Vision Systems (EFVS), while receiving operational approval to lower minimums.
Automatic Dependent Surveillance (ADS-B)
Replacing existing ground-based radars, ADS-B ground infrastructure is already complete and operational. Via a January 1, 2020 mandate, aircraft operating in airspace that requires transponders today will also require ADS-B Out conforming equipment. Correspondingly, those transponders will need to be compliant. Aircraft with ADS-B Out broadcast their position and flight trend information to both air traffic control and other aircraft able to view the data using ADS-B In, which is not part of the upcoming mandate. Unfortunately, with 25 months to go, as of December 2017, only around 37% of US-based business jets are 56
AVBUYER MAGAZINE – January 2018
equipped with ADS-B Out. With a rate of approximately 212 aircraft upgrades per month, it looks like a quarter of the business jet fleet could be grounded on January 2, 2020. This grim picture is exacerbated by an increasing demand for Data Comm upgrades to operate in oceanic tracks and remote regions. While not a universal mandate, Data Comm involves very specific aircraft equipage requirements centered on PBN and Data Comm (FANS) and is needed to access dedicated paths and altitudes. These phased requirements, begun several years ago, will increasingly apply to a greater number of business aircraft operations.
“More and more aircraft are equipping with lower cost Enhanced Flight Vision Wrap Up Systems The FAA coordinates its NextGen implementations (EFVS), while along timelines adjusted by budget constraints and the impact of reviews by the White House Office of receiving Management and Budget. It uses industry operational representation to help guide its focus and priorities. It coordinates its harmonization with ICAO, Eurocontrol approval to and now with the FAA-RTCA’s Joint Analysis Team (JAT), and it monitors the effectiveness of each lower implementation, including whether equipped operators minimums.” use the new procedures. Unmanned Aerial Vehicles (UAV) are the “wild card” in Airspace Plans. With rapid progression of unmanned operations from ‘Class G airspace with waiver’ to ‘other airspace without waiver’, its challenges are just beginning. T
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Aircraft Index see Page 137
1 IAG January.qxp 18/12/2017 15:20 Page 1
Dassault Falcon 2000 SN 224 • Will Deliver with Fresh 2C Inspection and Landing Gear Overhaul • ADS-B Out • GoGo Biz • 2005 In-Service Date • 2 U.S. Owners Since New • MSP Gold - Engines, APU • Dry Bay Mod Complete • 10 Passenger Interior
Bombardier Learjet 75 SN 45-507 • One U.S. Corporate Owner Since New • 2015 In-Service Date • 700 Hours Total Time • Garmin Iridium (Cockpit) • Aircell ATG 5000 GoGo Biz • MSP Gold - Engines, APU • Smart Parts Plus
Gulfstream GIV-SP SN 1247 • Rolls-Royce Corporate Care • -150 APU on MSP Gold • LPV Approach / RAAS / TCAS 7.1 • ADS-B Out (DO-260A) • CDU-820 w/ 6.1 Software • Aft Galley • GoGo Biz
Managing Partners Cass Anderson and Jeff Habib +1 212 888 7979 info@iagjets.com www.iagjets.com
Flight Planning.qxp_Finance 19/12/2017 12:54 Page 1
FLIGHT DEPARTMENT T FLIGHT PLANNING
How to Ensure Great FBO Service
Five Top Tips to Enjoy Good Ground Handling Services Internationally As a private jet owner or operator, you will find the quality of service available from FBOs varies dramatically from airfield-to-airfield and country-to-country, notes Faisal Nizamuddin, Jetex. How do you ensure consistency on your travels? Following are some key tips...
W
hen it comes to arranging an international flight, is it unrealistic to expect consistent, reliable trip support…delivered at a reasonable price? Not if you get your planning right. Following are some steps can you take to help guarantee smooth operations worldwide. Tip #1: Choose a well-established trip planning provider. Are you arranging a flight to an unfamiliar destination? If so, you need to know that your aircraft and passengers will be in dependable hands. It may seem obvious but is nevertheless 58
AVBUYER MAGAZINE – January 2018
well worth stating: Greater consistency of service can be ensured by choosing a trip planning provider with an extensive global network. When you work with a well-established international company, you are enlisting the services of an experienced team of trusted advisors that have the local knowledge required to arrange the best available support on the ground according to your requirements. By utilizing your trip planning company’s approved facilities, you become part of a mutually beneficial supply chain. This can help to elevate the overall standard of service received. If your trip planning company is bringing a lot of business to a local FBO, naturally the team on the ground will endeavor to ensure that your aircraft is well looked-after. You can also benefit from the economies of scale that come from working with a larger provider, and you will enjoy greater consistency in pricing for fueling and other ground handling services across different locations.
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Aircraft Index see Page 137
Flight Planning.qxp_Finance 19/12/2017 12:55 Page 2
With over 20 years in aviation, Faisal has worn many hats including as a trainer, researcher, consultant, allocator, mentor and auditor. In his role as Quality Manager at Jetex, he has successfully driven the company’s IS-BAH and NATA Safety 1st programs, and is developing and motivating an outstanding team to reach exceptional heights. More from www.jetex.com
Tip #2: Ask the right questions before taking your flight. While your trip support provider can recommend an FBO, you need to ask the correct questions at the trip planning stage, enabling your provider to select a facility that matches your requirements. It’s worth asking: • •
• •
Is the local line-service team familiar with working on your particular model of aircraft? How does the competence of the ramp staff and standard of maintenance services they deliver compare with other FBOs in the vicinity? Are the quality and availability of passenger lounges and ground transportation acceptable? Will snooze rooms, showers or recreational amenities be available to help your crew relax and unwind? Passengers on private jets are generally High
Advertising Enquiries see Page 4
Net-Worth Individuals who are accustomed to a certain standard of service. You don’t want your passengers flying into just anywhere; the lounge needs to reach a certain standard. As such, it’s important to get the full picture on the level of VIP guest facilities available. Quality of customer service is also paramount. The friendliness, helpfulness and professionalism of an FBO team can make or break a trip. Perhaps your guests wish to book a room at a specific hotel, or are requesting inflight catering for special dietary requirements. Concierge staff that are well-versed in the local area and proactive in assisting can save precious time. For corporate travelers, time is often the most valuable commodity. Thus time is the number one consideration. Create a memorable experience for your passengers for all the right reasons by selecting an FBO with high-quality facilities and a dependable Continued on page 62 concierge team.
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January 2018 – AVBUYER MAGAZINE
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P1 Jeteffect 10 aircraft January.qxp 18/12/2017 11:16 Page 1
Gulfstream G650 • S/N 6166
Challenger 604 • S/N 5549
Hawker 800XP • S/N 258585
Learjet 45 • S/N 79
Learjet 40XR • S/N 2101
Learjet 40XR • S/N 2090
Learjet 31A • S/N 229
Citation X • S/N 104
Citation X • S/N 45
Citation X • S/N 11
Los Angeles Palm Beach Dallas Atlanta Washington, DC email: info@jeteffect.com
• 562.989.8800 • 561.747.2223 • 214.451.6953 • 334.502.0500 • 571.933.7393 • www.jeteffect.com
P1 Jeteffect 10 aircraft January.qxp 18/12/2017 11:16 Page 2
Citation Sovereign • S/N 325
Citation XLS • S/N 5623
Citation XLS • S/N 5524
Citation Encore • S/N 626
Citation Bravo • S/N 1132
Citation Bravo • S/N 1073
Citation CJ1 • S/N 525-0545
Citation M2 • S/N 885
Piaggio Avanti II • S/N 1214
Piaggio Avanti P180 • S/N 1004
Los Angeles Palm Beach Dallas Atlanta Washington, DC email: info@jeteffect.com
• 562.989.8800 • 561.747.2223 • 214.451.6953 • 334.502.0500 • 571.933.7393 • www.jeteffect.com
Flight Planning.qxp_Finance 19/12/2017 12:57 Page 3
FLIGHT DEPARTMENT T FLIGHT PLANNING
“Fuel hydrants are not always present, and if your fuel has to be delivered by truck it may be necessary to make arrangements in advance... ”
Tip #3: Save time by being prepared for any special requirements at your destination. If you wish to avoid surprises and potential delays, always cross-check crucial details before your flight. Be sure your aircraft is carrying all necessary equipment, particularly when traveling to smaller airfields in more remote locations. For instance, it is mandatory to provide your own tow bar at many airports. If you don’t have one onboard, then parking might not be confirmed, leaving your crew in a sticky situation. Larger airplanes may require other specific pieces of equipment, such as stairs or baggage handling systems. It pays to double-check availability before you fly. This reinforces the importance of working with a knowledgeable and well-connected trip planning company that is familiar with all the requirements and the situation on the ground at your destination. The same advice applies where fuel is concerned. In addition to ensuring that the correct type of fuel is available, the delivery method also needs to be considered. Fuel hydrants are not always present, and if your fuel has to be delivered by truck it may be necessary to make arrangements in advance (particularly if it needs to be brought in from outside 62
AVBUYER MAGAZINE – January 2018
the airfield). Organizing such deliveries can lead to additional costs and a longer time spent on the ground. To avoid unnecessary headaches, always make sure the proper preparations are made in advance. Tip #4: Provide complete information on your aircraft, passengers and crew. Help expedite processes when your aircraft lands by always submitting full details on your aircraft, cargo, passengers and crew well before your arrival. This enables your trip planning company to ensure that all the necessary arrangements are in place, so you won’t face any unexpected holdups or incur additional costs at the airport. The FBO team on the ground would prefer to know exactly what they will be dealing with in advance. This knowledge empowers them to make all preparations required to deliver the smoothest possible service on the ramp. Just one little piece of information can make a world of difference to your experience, so be sure to offer as much detail as possible on your aircraft and the services you require. The ground-handling team will be grateful to work with an open and proactive operator, as this helps them serve you more efficiently by allowing them to plan ahead. Continued on page 64
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Aircraft Index see Page 137
General Aviation January.qxp_Layout 1 18/12/2017 14:52 Page 1
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FLIGHT DEPARTMENT T FLIGHT PLANNING
“The most reliable way to ensure quality of service is to seek out facilities with industry affiliations. ”
Tip #5: Look for FBOs with recognized industry affiliations. Your aircraft is an expensive piece of equipment. It goes without saying that you wish to entrust the care and maintenance of your aviation assets only to well-trained professionals, but how do you know which FBO to choose? The most reliable way to ensure quality of service is to seek out facilities with industry affiliations. For peace of mind, choose an FBO certified in accordance with International Standard for Business Aircraft Handlers (IS-BAH). Acknowledged as the gold standard of industry best practice for Business Aviation, ISBAH was jointly developed by the International Business Aviation Council (IBAC) and National Air Transportation Association (NATA), and is bringing greater standardization to groundhandling operations on a global scale. Another desirable certification to seek is NATA’s Safety 1st program. Established more than 20 years ago, the program offers world-class training for FBO and ground handling staff and is currently implemented at more than 800 locations worldwide. Choosing an FBO that complies with these recognized international standards helps ensure your aircraft, passengers and crew are well looked-after wherever you are 64
AVBUYER MAGAZINE – January 2018
operating, and is your guarantee that the highest standards of safety and service will be adhered to at all times.
In Summary…
By following the steps outlined above, you can maximize your chances of receiving the best possible FBO services when flying internationally. While quality can undoubtedly vary, industry bodies such as IBAC and NATA are helping to usher in a new era of standardization, making it easier to determine which facility is best suited to your requirements. Ultimately, the most valuable advice is to employ the services of a knowledgeable and well-connected trip planning provider—one that can help you navigate the range of options available and deliver the best possible solutions for your flights to new and unfamiliar destinations. T More information from www.jetex.com Are you looking for Business Aviation Market Insights? Visit www.avbuyer.com/articles/business-aviation-market-insight
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1st Source Bank January.qxp_Layout 1 20/12/2017 12:38 Page 1
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FLIGHT DEPARTMENT T OPERATING COSTS
How to Get Better Control of Fuel Costs
It forms a big part of your annual operating budget, but how can operators better control their fuel purchase practices? Dave Higdon offers tips… ew are better placed to understand the relationship between cold hard cash and high-speed flight than those who pay the bills for your Flight Department. In these days of increasing costs, skilled managers add value to their flight operations by controlling all three major cost items: Flight crew staffing, maintenance and upkeep, and fuel costs. Setting an operating budget demands a working knowledge of all three items and how those factors interact. For example, budgeting for ‘X’ hours flying per year sets the bar for maintenance (based on hourly costs) and a
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concomitant estimate of fuel costs. That’s simple enough, providing the person developing the budget recognizes that changing any one of those three factors automatically brings a related change to the other numbers. In reality, plenty of people put tremendous effort into controlling their fuel spending. Though consumers lack any way to influence pump prices, they enjoy total control over when, how much and where they choose to fill their tanks. Since fuel costs account for the largest share of variable operation costs, managing fuel use and fuel purchases greatly influence the department’s budget.
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Aircraft Index see Page 137
Operation Costs.qxp_Finance 19/12/2017 13:33 Page 2
Dave Higdon is a highly respected aviation journalist who has covered all aspects of civil aviation over the past 36 years. Based in Wichita, he has several thousand flight hours, and has piloted pretty much everything from foot-launched wings to combat jets. Contact him via Dave@avbuyer.com
dependent on the airports you use. By taking these precautions, you will avoid penalizing your operation by paying for a fuel club membership that's not usable at the majority of the airports you visit. Most of these programs offer guidance to help you use their cards. Once you have one, use the tool even if it doesn't always get you the lowest price.
Tip #2: Use Fuel Price Trackers
Various tools and programs exist solely to track and report fuel prices at airports around the country and across the globe. The better of these trackers update daily, while the best update even more frequently. By entering a route or point of origin and destination, these programs typically will produce a list of airports along the route as well as their fuel prices at the time of the last check. A quick internet check or phone call can then confirm whether the posted prices remain in effect. As an added bonus, making an advanced reservation can get you an additional discount at some airports. Within this article, we’ll consider the steps needed to keep your operation on – or under – your fuel-budget estimate. Following are some of the best tips and practices…
Tip #1: Join a Fuel Program
The Business Aviation community includes numerous vendors and program operators offering fuel cost control tools for those who enroll with them and use their systems. By contracting with vendors, these tools guarantee a lower price than the posted pump price in exchange for a minimum commitment. Do check that a particular program (e.g., a card arrangement) is accepted among the FBOs and airports your operation typically frequents. You may find some adjustments are needed, Advertising Enquiries see Page 4
Tip #3: Consider the Most Efficient Route
Flight planning for fuel costs may not be an everyday occurrence, but on occasion a slight change in the route flown can yield big savings without appreciably adding to the trip length (thereby offsetting any fuel savings). Checking route fuel prices – through programs like those noted above – may reveal potential savings by landing at a different airport for the meeting, without refueling, then, by refueling somewhere else. As an example, a trip last fall required us to make a technical stop that yielded a saving of $1.40 per gallon. On a 280-gallon uplift of jet fuel, that $1.40 of per-gallon savings translated to spending $392 less! Imagine savings like that multiple times a year. The habit could almost become a profit center of its own.
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FLIGHT DEPARTMENT T OPERATING COSTS
“...if home field fuel costs are the lowest – and the aircraft is capable – tankering extra fuel can reduce total fuel expenses for a trip.” Tip #4: How About Fuel Tankering?
Where weight-and-balance considerations allow, some benefit may come from uplifting more fuel than a trip requires. Yes, it will slow your climb and could limit what's carried in the cabin, but the chances are that it won't. Many pilots like to fly with the fuel level suggested by flight planning; that is, fuel needed plus reserves for weather and a diversion. Carrying the least called-for saves fuel, helps climb performance and gives cruise speed a bit of an edge. But if home field fuel costs are the lowest – and the aircraft is capable – tankering extra fuel can reduce total fuel expenses for a trip. That is especially the case when the fuel capacity allows for a round-trip flight without refueling. Even when an airplane can't tanker round-trip fuel, the destination fuel price may be less – which is an incentive to fully top off before returning to home base.
Tip #5: Slow Down, You Fly Too Fast…
All aircraft offer a published maximum cruise speed. Why do we fly if we don't want to go as fast as possible? The answer involves another book speed: Maximum-range cruise speed. 68
AVBUYER MAGAZINE – January 2018
Throttling back isn't solely for ‘tailwind days’. Flying at maximum-range speed (even though you're flying a much shorter trip) will provide a measurable decline in fuel costs, with only a small increase in the en route time. The vast majority of our trips are between 350500nm. Sacrificing 40 knots on a 500nm trip may add 15-20 minutes to the trip – with a savings of 15-20% in fuel not used.
What's ahead?
Putting these fuel-saving steps into effect this January brings the potential of a full year of fuel savings compared to posted prices – because fuel costs show little sign of declining as we saw earlier in the decade. Demand increases and supply adjustments have largely ended any semblance of a glut in petroleum supplies. The business turbine fleet continues to grow, and flight hours are up in many parts of the world. Even as OEMs continue to advance the fuel efficiency of their engines and aircraft, the changes fall short of offsetting the higher prices expected in the next decade. Start practicing fuel-saving habits today and help your bottom line tomorrow. T
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Registry of Aruba October.qxp_Layout 1 18/12/2017 11:21 Page 1
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FLIGHT DEPARTMENT T CONNECTIVITY
How to Stay Ahead of the Jet Connectivity Curve You may have the best jet connectivity available for your aircraft right now, but have you
accounted for future updates and advances? Aviation Director Andre Fodor explores how… 70
AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
Connectivity Jan18 correct.qxp_Finance 19/12/2017 13:58 Page 2
With a focused approach on global excellence and creativity, Andre Fodor has managed flight operations for the U.N. and Flight Options as well as being a senior demonstration pilot and instructor for Embraer Aircraft. He is currently the Aviation Director at Johnsonville Sausage.
“It was therefore necessary for extra conduits, coaxial cables and fiber optics bundles to be installed and stowed until later required.”
Identify the Jet Connectivity Upgrade Early
When planning for the longer-term, paying as little as possible for an upgrade in the short-term is less important than finding better solutions that offer flexibility to incorporate future modifications. Thinking long-term will reduce upgrade costs and down-time later on. As an example, during our last connectivity installation, when ground-based internet service capability was installed in the aircraft, we intentionally provisioned additional hardware as we predicted a new generation of advancements would come to market in about five years’ time. It was therefore necessary for extra conduits, coaxial cables and fiber optics bundles to be installed and stowed until later required. The advantage is that much of the labor was paid-for up front. True to our expectation, 4G ground-based technology became available in the US recently. Having done the ground-work early, we’re well-positioned to enjoy larger bandwidth capability with minimal disruption and expense. s our corporate jet reaches its second birthday, we have started planning a new budget accounting for the many items that will no longer be covered by the new aircraft warranty. In planning for the future, the main discussion has centered on what investments will be necessary to maintain our aircraft in peak condition, and how to continue satisfying the technological expectations of our demanding and tech-savvy executives. The ongoing question is whether the right choices are being made. Is an effective backbone being built to provision the aircraft for future enhancements? The questions are designed to help prevent the jet from becoming obsolete by future technological advancements.
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Identify the Jet Connectivity Vendor Early
Just as important as planning and provisioning for the future is the need to consider who the provider of your hardware and software will be. Focus on vendors that have an ongoing solid footing in the market, and demonstrate a proven track-record of designing upgradable platforms. Well-established vendors will support your equipment for many years ahead, and your equipment will not be left ‘orphaned’ should the vendor go out of business unexpectedly, or be acquired by a larger vendor. Seek to verify whether there is a strong technical customer support network with qualified and experienced technicians. Inflight jet connectivity systems are highly complex, and will very likely require tweaks and troubleshooting advice to work correctly.
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FLIGHT DEPARTMENT T CONNECTIVITY
A Note on Privacy and Security
Away from the aircraft cabin – but not entirely removed, a recent article detailed how a person was convicted of a crime by a unique witness. The witness’ name was Alexa... The witness is unique because it is not a real person but an internet-driven item of software that responds to verbal commands and executes tasks. This device listens continuously while recording and analyzing your voice until it hears its wake up cue. In this case, Alexa recorded information that ended up identifying the culprit of a murder. As we handle connectivity in corporate aircraft and connect our airborne networks to the outside world via wireless devices, satellites and ground-based transmitters, we potentially expose data that may affect someone’s personal privacy or corporate security. There is no simple solution to this threat, but the onus rests with the user who must understand that no data are ever fully secured. Thus, applying multi-layered security procedures to the data traveling to and from your aircraft cabin via a secure data transfer center is the bricks and mortar to build your data fortress. Opting to store restricted data files on-board using a data management device is another option. Once on the ground, these restricted files can be transferred through secure VPN directly to your corporate servers. Some connectivity providers already offer on-site servers that have the highest certification for data security protocols. In essence these eliminate the traditional data pathways once the data arrives in its data center, moving all data through secured networks. 72
AVBUYER MAGAZINE – January 2018
By adding filters to your on-board routers that sift through access requests and eliminate suspicious data transfers, large device updates and heavy automatic media backups, you will further optimize dataflow and minimize opportunistic attacks and data breaches.
To Summarize…
As managers of high value assets, Flight Department Managers are charged with taking the long-view, staying aware of the trends and new developments in jet connectivity that can add value to the unique experience of flying high, fast and direct to the required destination. Complementing the flight experience with the newest technologies becomes an opportunity to maximize the office-inthe-sky, and brings about the full potential for the work, leisure and entertainment capability that our principals expect. It’s our responsibility to use industry publications, conventions, internet discussion groups and vendor presentations to stay in-theknow about the new trends, and guide our aircraft owners in making the best decisions for their aircraft. T
Are you looking for more Connectivity articles? Visit www.avbuyer.com/articles/private-jet-connectivity
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Aircraft Index see Page 137
Boutsen January.qxp_Layout 1 19/12/2017 11:55 Page 1
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Flight Test.qxp_Finance 20/12/2017 09:44 Page 1
FLIGHT DEPARTMENT T FLIGHT REVIEW
What is the HondaJet Like to Fly? On behalf of AvBuyer, Rohit Jaggi reports on his experience
flying the HA-420 HondaJet. What makes this aircraft a great proposition for today’s marketplace? Find out here…
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AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
Flight Test.qxp_Finance 19/12/2017 14:11 Page 2
Rohit Jaggi holds airplane and helicopter licenses and frequently conducts flight tests of airplanes and helicopters for print and video. He held a number of news editing and reporting posts with the Financial Times before becoming a freelance writer. Find out more via rohitjaggi@gmail.com
T
he aircraft has a lot of things going for it: Backing from one of the giants of global engineering and manufacturing; impressive figures for speed and economy; a distinctive and novel shape that gives it undoubted ramp-appeal. But the real test of the success of Honda Aircraft Company’s HA-420 HondaJet will come in its sales and use. Japanese parent Honda sunk a reported $2bn into creating this jet from scratch, and it has a lot to live up to. Born out of one person’s inspiration and drive, it is intended to appeal to the enthusiast flyer just as much as its economy, serviceability and speed are supposed to make it impossible to ignore for corporate flight departments and charter operators seeking an efficient business tool. Michimasa Fujino, Chief Executive of the Honda Aircraft Company, who scribbled the outline of the aircraft on a scrap of paper in the middle of the night 20 years ago, sums it up. “I wanted the aircraft to have the feel of a sports car,” adding that it also had to embody the cutting-edge technology, safety and efficiency that Honda cars stand for. The aircraft he produced assembles a number of neat and efficient touches. One is the most distinctive aspect of the aircraft - the engines mounted on pylons over the wings. Another is the natural laminar-flow nose and wings. And a third is the high level of assistance for the pilot in the cockpit. The placement of the engines over the wings is remarkably faithful to Fujino’s sketch of two decades ago. The aim was to eliminate aerodynamic compromises forced by placing the engines on the tail, give more space to passengers and baggage in the fuselage, and cut down on noise and vibration in the cabin.
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FLIGHT DEPARTMENT T FLIGHT REVIEW
HondaJet: The Passenger’s View
Before I had the chance to take the controls of the aircraft I made a couple of trips as a passenger. The cabin, well-lit by big windows that are electronically dimmable, has a quietly luxurious feel. It is spacious, too – the standard layout of a club-four gives plenty of room for legs, and there is a fifth, sidewayfacing seat available as an option across from the door. The toilet compartment is also a healthy size, as well as being very private and naturally lit by a couple of strategic skylights. There’s an option for a sink with running water, and another for external servicing of the lavatory, but both add weight. Meanwhile the baggage area in the tail is a vast 57 cu.ft., while another locker in the nose can accommodate 9 cu.ft. of luggage.
next to Honda’s at Greensboro’s Piedmont Triad Airport, has partnered with the aircraft manufacturer to provide training for all HA-420 clients. Courses start with classroom training on the very capable Garmin avionics system and then lead into the Level-D fullmotion simulator – which is about as realistic as you can get without actually becoming airborne. Michimasa Fujino, CEO, Honda Aircraft Company
HondaJet: The Trainee’s View
Before I climbed behind the HondaJet’s buttonbedecked yoke, I got a taste of the training that is offered to buyers. As is usual, pilot training for the single-pilot-certified HA-420 jet is included in the aircraft’s price of roughly $5m, with normal options. Honda, aware of the interest from owner-pilots, is determined to make the syllabus as easy to digest as possible. FlightSafety International, which has a building 76
AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
P077.qxp_Empyrean 19/12/2017 12:24 Page 1
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Flight Test.qxp_Finance 20/12/2017 09:46 Page 4
FLIGHT DEPARTMENT T FLIGHT REVIEW
HondaJet: The Pilot’s View
Climbing into the real aircraft later, there was one early disappointment: For all its many novel features, and despite its spacious cabin, getting into the left-hand seat still involves a leg-aloft step across the central console between the seats. But once I was situated in front of the three huge 14.1 inch screens that are the windows into the customized Garmin 3000 system, the HondaJet was very inviting… Checklists are on-screen, and a yoke-mounted control helps scroll through them. Two 5.7 inch touch screens are the main input devices for the system, and their placing low and central means they are not far from either pilot. The underlying logic is for the avionics to handle what can be automated. For example, pressurization is fully automatic, with the end pressure determined by the planned destination’s elevation. Likewise, external lights come on when it’s dark outside. That same logic means the dials, switches and controls that don’t need attention don’t ask for it – but show with a change of colour any abnormal state that does demand a response. It’s a dark cockpit concept that cars have also been moving toward. Starting the two turbofans is even easier than starting an engine in a modern automobile – push the button helpfully labelled ‘start’ and let the electronics monitor the process and stop it if there is anything amiss. I had noticed it in the back cabin earlier, but this jet is quiet. It’s the quietest in its class, according to Fujino. That, like the low cabin altitude of 8,000ft at its ceiling of 43,000ft will mean less stressful travel. 78
AVBUYER MAGAZINE – January 2018
It didn’t take long to get to altitude, either. The 2,050 lbf from each of the GE-Honda HF120 engines gave us a brisk roll and take-off, and a maximum rate of climb of about 4,000ft per minute - so when air traffic control plays ball, there is little need to spend time at lower altitudes where the aircraft’s economy advantage is wasted. According to Honda, the jet is up to 17% more fuel efficient than its light jet rivals. Since most pilots will use it most of the time, I flew through the autopilot – which is easy to use, but hugely sophisticated. There’s even a default-on mode that, in the event of sudden decompression at altitude, will bring the jet (and its presumably unconscious occupants) down to a level at which they would come around and be
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able to take back control. Nevertheless, I can’t imagine anyone who buys something billed as ‘an aerial sports car’ (complete with a class-leading 422 knot maximum cruise speed) not wanting to fly it themselves – so I extended a thumb to switch off the autopilot. Fujino got it right: The HondaJet is crisp and precise, with a satisfying response from the twin turbofans and a pleasing harmony between the controls. Even with Georgethe-autopilot taking a rest there are still layers of protection – a stick shaker and a stick pusher protect against stall. On top of that there are visual and aural cues provided by the avionics to warn of over-speed and under-speed. Autothrottles are not an option but are not missed.
Synthetic Vision, which is an option, also helps enormously when flying the HondaJet manually. The flight path marker shows you where you are going to be long before you actually get there. Returning to land, speed brakes can be extended to help overcome the aerodynamic slipperiness that Fujino worked so hard to incorporate in the design. But one by-product of the relatively small, low-drag wing is higher landing speeds than the jet’s closest – and slightly slower – rivals (the Embraer Phenom 100EV and Cessna Citation M2). It’s not a huge margin, but in normal conditions the HondaJet needs a distance of up to 3,000ft to land, compared with about 2,600ft for the M2 and less than 2,500ft for the Phenom 100EV.
HondaJet: A Great Start
The market continues to be difficult for private jets, and especially those at the light end. But as a measure of its success, Honda delivered 30 jets in the first three quarters of 2017 (against 25 Citation M2s and 11 Phenom 100s). Fujino, while refusing to discuss plans for further models, points to the fact that the size of the hangars at Greensboro are far bigger than needed for the height of the HA-420. And it is not the way of parent Honda to tread water. For the moment, however, the Greensboro company is concentrating on ramping up production of its first product – aiming to build 100 a year. If there is a pause, perhaps Fujino can use it to fulfil another long-held aim – learning to fly. T More information from www.hondajet.com Advertising Enquiries see Page 4
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Safety 1 Jan18.qxp_Finance 19/12/2017 14:21 Page 1
FLIGHT DEPARTMENT T SAFETY
How to Enhance Flight Operations Effectively
It’s easy to see the benefits of new technology within the Flight Department, but Mario Pierobon asks what are the implementation trade-offs?
T
he aviation industry epitomizes the world of fast technological development. We’ve seen in increasing pace of change over recent years, and there’s plenty more to come, including supersonic travel, all-weather operations, civil tilt-rotor designs and electric aircraft. Yet one shouldn’t overlook the more subtle technological advances. While they may not be revolutionizing air transportation in quite the same way as some spectacular developments, they nevertheless provide for incremental improvements in the line environment that increase operational efficiencies within the Flight Department. In recent years the Business Aviation industry has embraced Performance Based Navigation (PBN), the Electronic Flight Bag (EFB), Night Vision Imaging Systems (NVIS) and augmented 80
AVBUYER MAGAZINE – January 2018
reality devices (in training environments, for example). And that list doesn’t begin to scratch the surface. The question naturally asks how a corporate flight department should approach new technology in training and in the line environment. Technology can be a powerful tool, but it can also be ‘dehumanising’ at times. What are the trade-offs corporate flight department managers should make in order to arrive at the best possible decisions regarding the implementation of technological upgrades?
What Are the Benefits?
The first question those charged with implementation within the Flight Department should ask is how a particular technology can help current operations. The question is not normally difficult to answer, since the benefit is generally the first thing considered when contemplating a technological upgrade. An EFB, for example, will reduce the weight of the documentation carried on-board the aircraft, as well as the effort required to ensure the documentation is current. A Night Vision
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Safety 1 Jan18.qxp_Finance 19/12/2017 14:22 Page 2
Mario Pierobon is a safety management consultant and content producer. He currently is working on a research project investigating aircraft ground handling safety. Contact him via marioprbn@gmail.com
“ It is exactly this ‘social cost’, however, that can be easiest to under-estimate in the analysis.”
Imaging System (NVIS) will probably be considered only if night operations are a regular requirement, thus creating the need to improve visibility during those operations. While it might be straightforward, benefits still need to be clarified and documented because they must be weighed against the downsides of technology, which require more effort to analyse.
What Are the Downsides?
Dealing with the downsides is naturally more difficult. When it comes to technology, people tend to identify how implication could simplify their lives but are slower to recognize how the technology could actually be a complication. Every situation is different. To assess the downsides, following are some important questions: • How much does it cost? • How often will it be used? • What is the ‘social’ cost? Cost and frequency of use are relatively simple to determine. When considering the EFB, for example, one might want to evaluate the implementation costs – especially in terms of manpower – needed in order to get the applicable regulatory approval. Another cost to consider is that every now and then, as hardware solutions keep evolving, the actual EFB tablets will need to be replaced with newer ones. The frequency of use is also important. Advertising Enquiries see Page 4
Clearly nobody wants to commit to expensive equipment simply because it is the ‘in-vogue’ technology for the flight deck at the time and is unlikely to be used. It is exactly this ‘social cost’, however, that can be easiest to under-estimate in the analysis. Let’s consider the example of Fatigue Risk Management Systems (FRMS). At this time, FRMS’ are developing some critical mass, creating the potential for databases to be built from employees’ health-related information gathered through wearable activity tracking devices. While a wealth of data could be derived from such an initiative within the Flight Department, thought must be given to personal data protection of staff. While this scenario represents an extreme example, even something simple such as establishing a work-group on WhatsApp may have wider implications, and employees could effectively remain on-duty 24-hours a day, feeling compelled to be ‘online’ even during their rest time if adequate guidelines were not established first.
Getting the Balance
It is only when a thorough list of advantages and disadvantages is compiled that good decisions can be made. The best decisions require adequate effort to understand the pros and cons. As the technological revolution continues to advance, so does the need for detailed assessment of what could help or hinder your Flight Department operations. T
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January 2018 - AVBUYER MAGAZINE
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Values Intro.qxp_Finance 20/12/2017 09:21 Page 1
FLIGHT DEPARTMENT T RETAIL PRICE GUIDE
Business Aircraft Values: The Large Cabin Choice There are occasions when the operator’s mission dictates an aircraft of larger capacity. This month our value study focuses on our definition of Large Cabin and Ultra-Long-Range business jets.
T
he average Large Cabin and Ultra-Long-Range jets share more in common than they differ, with similar cabin sizes and comparable cruise speeds ranging roughly between 450-500kts. For the purpose of this month’s focus, we’ll categorise Large Cabin and Ultra-Long-Range jets under the generic category of ‘Large Cabin jets’, on the basis of their shared characteristics, and MTOWs that generally range between 38,000-100,000 pounds. Large Cabin jets have much in their favor. Seats-full range capabilities typically go up to, and into the 6,000nm range, making these effective non-stop continent and ocean-crossing machines. The fewer the stops, the shorter the overall trip time! One disadvantage the Large Cabin jets have over their Small and Medium jet kin is their need for runways longer than 6,000ft, which restricts the number of airports they can use by comparison. Nevertheless, for the trans-oceanic traveller, the advantages offered by these airplanes far outweigh the negatives. Where the Large Cabin airplanes really excel (as the name would suggest) is in their cabin capacities. A cabin will typically stretch from 30-40 feet or more, enabling operators to enjoy a wider array of finishing options and office capabilities than jets in the smaller segments can provide. Cabin heights in excess of six feet guarantees stand-up cabin comfort, while seating capacity of 8-18 is typical. 82
AVBUYER MAGAZINE – January 2018
Naturally, the size and range capabilities of Large Cabin jets don’t come cheaply, and you’ll need a larger fuel budget, more hangar space and a larger maintenance budget. Yet for the company with the need, the Large Cabin jet will rarely prove too small, and only occasionally be too large for an airport you’d prefer to access. In these situations, supplemental charter is the answer.
Large Cabin Jet Price Guide
The following Large Cabin jets’ Average Retail Price Guide represents current values published in the Aircraft Bluebook– Price Digest. The study spans model years from 1998 through Winter 2017. Each reporting point represents the current average retail value published in the Aircraft Bluebook by its corresponding calendar year. For example, the Falcon 900LX values reported in the Winter 2017 edition of the Bluebook show $23.0m for a 2013 model, $22.0m for a 2012 model and so forth. Aircraft are listed alphabetically. With the reader’s knowledge of aircraft, equipment, range and performance, the following Guide allows the reader to determine the best value aircraft for consideration. Note: We have included 42 aircraft models in the following Large Cabin average price guide, and for additional assistance, Conklin & de Decker’s Performance and Specifications data for these models can be referred to, beginning on page 86
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FLIGHT DEPARTMENT T RETAIL PRICE GUIDE
Large Cabin Jets: Average Retail Price Guide MODEL YEAR $
2017 US$M
2016 US$M
2015 US$M
2014 US$M
2013 US$M
2012 US$M
2011 US$M
2010 US$M
2009 US$M
14.0
-
-
13.0
12.0
11.0
10.0
9.0
12.250
11.0
10.250
9.750
8.750
10.750
9.750
9.250
8.4
24.5
21.5
19.5
17.5
15.5
24.5
23.5
21.5
20.5
19.5
18.0
17.0
14.0
13.0
12.0
12.5
10.5
9.5
12.0
11.0
2008 US$M
MODEL BOMBARDIER CHALLENGER 850ER BOMBARDIER CHALLENGER 650
28.0
23.0
BOMBARDIER CHALLENGER 605
19.0 17.0
16.0
13.750
BOMBARDIER CHALLENGER 604 BOMBARDIER CHALLENGER 350
22.0
18.0
17.0
16.0 13.5
12.750
11.750
BOMBARDIER GLOBAL 6000
55.0
44.0
39.0
36.0
33.0
30.0
BOMBARDIER GLOBAL 5000
45.5
36.5
33.5
30.5
27.5
BOMBARDIER CHALLENGER 300
BOMBARDIER GLOBAL EXP XRS BOMBARDIER GLOBAL EXP DASSAULT FALCON 8X
58.0
DASSAULT FALCON 7X
53.0
50.0 41.0
34.0
30.0
27.0
DASSAULT FALCON 2000LXS
34.0
28.0
23.0
22.0
19.5
DASSAULT FALCON 2000S
29.0
24.0
20.0
17.5
16.5
DASSAULT FALCON 2000LX
24.0
18.0
22.0
16.0
DASSAULT FALCON 2000DX EASy
20.0
DASSAULT FALCON 2000EX EASy DASSAULT FALCON 2000EX DASSAULT FALCON 2000 DASSAULT FALCON 900LX
43.5
35.0
30.0
25.0
23.0
22.0
21.0
19.0
DASSAULT FALCON 900DX
15.5
14.5
13.5
DASSAULT FALCON 900EX EASy
17.2
16.2
15.2
20.0
DASSAULT FALCON 900EX DASSAULT FALCON 900C DASSAULT FALCON 900B EMBRAER LINEAGE 1000E
53.0
42.0
32.0
29.0
EMBRAER LINEAGE 1000 EMBRAER LEGACY 650-135BJ
25.250
20.250
EMBRAER LEGACY 600-135BJ
27.0
26.0
24.0
22.0
11.250
10.250
16.250
15.250
14.250
13.250
13.8
12.250
11.250
9.5
15.5
-
8.0
7.250
6.750
EMBRAER LEGACY 135BJ EMBRAER LEGACY 500
19.995
17.5
16.5
EMBRAER LEGACY 450
16.570
15.0
14.0
GULFSTREAM G650ER
72.5
62.0
57.0
55.0
53.0
50.0
GULFSTREAM G550
55.0
41.0
38.0
35.0
33.0
30.0
27.0
24.0
21.0
19.0
22.0
20.0
18.0
17.0
15.5
17.5
15.5
14.5
13.5
12.0
13.5
11.5
10.5
9.5
8.0
GULFSTREAM G500 GULFSTREAM G450
26.5
23.5
21.5
19.5
GULFSTREAM G400 GULFSTREAM G350 GULFSTREAM G300 GULFSTREAM G280
22.0
18.0
16.0
15.0
14.0
13.0
GULFSTREAM GV GULFSTREAM GIV-SP AIRCRAFT BLUEBOOK DATA - CARL JANSSENS, EDITOR. EMAIL: CARL@JETAPPRAISALS.COM
84
AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
Retail Values.qxp_RPG 19/12/2017 15:39 Page 2
RETAIL PRICE GUIDE T FLIGHT DEPARTMENT
What your money buys today
Winter 2017 2007 US$M
2006 US$M
8.0
7.0
2005 US$M
2004 US$M
2003 US$M
2002 US$M
2001 US$M
2000 US$M
1999 US$M
1998 US$M
MODEL YEAR $ MODEL BOMBARDIER CHALLENGER 850ER BOMBARDIER CHALLENGER 650
8.250 6.6
BOMBARDIER CHALLENGER 605 6.3
6.0
5.7
5.3
5.0
4.7
4.5
4.3
4.1
BOMBARDIER CHALLENGER 604 BOMBARDIER CHALLENGER 350
7.6
7.2
6.8
14.5
13.5
12.5
18.5
17.5
16.5
6.5
6.2
BOMBARDIER CHALLENGER 300 BOMBARDIER GLOBAL 6000
14.250
BOMBARDIER GLOBAL 5000 BOMBARDIER GLOBAL EXP XRS 13.250
12.250
11.250
10.250
9.250
8.250
BOMBARDIER GLOBAL EXP DASSAULT FALCON 8X
16.0
DASSAULT FALCON 7X DASSAULT FALCON 2000LXS DASSAULT FALCON 2000S
11.0
DASSAULT FALCON 2000LX DASSAULT FALCON 2000DX EASy
10.0
9.2
7.5
6.8
7.5
7.0
8.7
8.2
DASSAULT FALCON 2000EX EASy DASSAULT FALCON 2000EX
6.5
6.0
5.3
5.0
4.6
4.1
3.8
3.4
DASSAULT FALCON 2000 DASSAULT FALCON 900LX
12.5
11.5
10.5
14.2
13.2
11.9 8.7
DASSAULT FALCON 900DX 11.2 8.0
10.5
DASSAULT FALCON 900EX EASy
8.8
8.3
7.9
7.2
7.0
6.4
7.2
6.7
6.4
DASSAULT FALCON 900EX
6.3
6.1
5.9
DASSAULT FALCON 900C
6.0
5.8
5.5
DASSAULT FALCON 900B EMBRAER LINEAGE 1000E EMBRAER LINEAGE 1000 EMBRAER LEGACY 650-135BJ
6.0
EMBRAER LEGACY 600-135BJ 5.5
5.0
4.5
4.2
4.0
EMBRAER LEGACY 135BJ EMBRAER LEGACY 500 EMBRAER LEGACY 450 GULFSTREAM G650ER
17.0
16.0
15.0
14.0
13.0
GULFSTREAM G550
9.5
8.5
GULFSTREAM G500
14.5
12.5
10.5
11.0
9.2
8.0
7.2
5.5
5.0
GULFSTREAM G450 7.5
7.0
GULFSTREAM G400 GULFSTREAM G350
4.5
4.0
GULFSTREAM G300 GULFSTREAM G280 12.4
11.5
10.7
10.0
9.7
GULFSTREAM GV
7.0
6.5
6.1
5.8
5.5
GULFSTREAM GIV-SP
AIRCRAFT BLUEBOOK DATA - CARL JANSSENS, EDITOR. EMAIL: CARL@JETAPPRAISALS.COM Advertising Enquiries see Page 4
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85
ACSpecs Intro.qxp_AC Specs Intronov06 19/12/2017 16:00 Page 1
FLIGHT DEPARTMENT T SPECIFICATIONS
Aircraft Performance & Specifications
Ultra-Long-Range & Large Cabin Jets
T
he AvBuyer Magazine Guide to Aircraft Performance and Technical Specification Data is updated by Conklin & de Decker on a regular basis. The Guide is much more comprehensive and informative, providing more aircraft types and models and including variable cost numbers for all models. This month’s category of aircraft - Ultra-Long Range & Large Cabin Jets – appears opposite, to be followed by Medium Jets next month. Please note that this data should be used as a guide only, and not as the basis on which buying decisions are taken. The data presents aircraft aged below 20 years of age only, but Conklin & de Decker provides details of older airplanes too. If there are any other ways in which we can improve the content or presentation of this information, please let us know.
Tel: +44 (0) 208 255 4000; Email: editorial@avbuyer.com © 2018 Conklin & de Decker Associates, Inc., P.O. Box 1142, Orleans, Massachusetts, 02653, Tel. 508-255-5975, www.conklindd.com
Description of Cost Elements The following describes the content of each cost element used in The Aircraft Cost Evaluator. There are no sales taxes included in these costs. VARIABLE COST PER HOUR Includes fuel, maintenance reserves for routine maintenance, engine/ propeller/APU reserves, and miscellaneous expenses. Specifications - General CABIN DIMENSIONS Cabin Height, Width, and Length are based on a completed interior. On “cabin-class” aircraft, the length is measured from the cockpit divider to the aft pressure bulkhead (or aft cabin bulkhead if unpressurized). For small cabin aircraft, the distance is from the cockpit firewall to the aft bulkhead. Height and width are the maximum within that
86
AVBUYER MAGAZINE – January 2018
cabin space. Cabin Volume is the interior volume, with headliner in place, without chairs or other furnishings. Cabin Door Height and Width are the measurements of the main passenger cabin entry door. BAGGAGE Internal baggage volume is the baggage volume that is accessible in flight by the passenger. This amount may vary with the interior layout. External baggage volume is the baggage volume not accessible in flight (nacelle lockers, etc.). CREW SEATS/SEATS EXECUTIVE This is the typical crew and passenger seating commonly used on the aircraft. This is not the maximum certificated seats of the aircraft. These numbers may vary for different operations (Corporate, Commercial, EMS, etc.). Weights: • Maximum Take-Off Weight and Maximum Landing Weight are specified during aircraft certification. • Basic Operating Weight is the empty weight, typically equipped, plus unusable fuel and liquids, flight crew @ 200 pounds each and their supplies. • Useable fuel is the useable fuel in gallons x 6.7 pounds per gallon (Jet fuel) or 6 pounds per gallon (AVGAS). • Payload with Full Fuel is the useful load minus the useable fuel. The useful load is based on the maximum ramp weight minus the basic operating weight. • Maximum Payload is the maximum zero fuel weight minus the basic operating weight. Specifications Performance Range: • Range (4 Pax) - The maximum IFR range of the aircraft with four passenger seats occupied. This uses the NBAA IFR alternate fuel reserve calculation for a 200 N.Mi. alternate. This is used for jet and turboprop aircraft. • Ferry Range - is the maximum IFR range of the aircraft with the maximum fuel on board and no passenger seats occupied. This uses the NBAA IFR alternate fuel reserve calculation for a 200 N.Mi. alternate. This is used for jet and turboprop aircraft. • VFR Range - Seats Full is the maximum www.AVBUYER.com
•
VFR range of the aircraft with all passenger seats occupied. This is used for all helicopters and piston fixed-wing aircraft. VFR Ferry Range - is the maximum VFR range of the aircraft with the maximum fuel on board and no passenger seats occupied. This is used for all helicopters and piston fixed-wing aircraft.
Balanced Field Length BFL is the distance obtained by determining the decision speed (V1) at which the take-off distance and the accelerate-stop distance are equal (fixed-wing multi-engine aircraft only). This is based on four passengers and maximum fuel on board (turbine aircraft). For single-engine and all piston fixed-wing aircraft, this distance represents the take-off field length at Maximum Take-off Weight (MTOW). Landing Distance (Factored) For fixed-wing turbine aircraft, landing distance is computed using FAR 121 criteria. This takes the landing distance from 50/35 feet (depends on certification criteria) and multiplies that by a factor of 1.667. No credit is given for thrust reversers. Configuration is with four passengers and NBAA IFR Fuel Reserve on board. For fixed-wing piston aircraft, this figure is the landing distance over a 50 foot obstacle. Rate of Climb (Ft/Min) The rate of climb, given in feet per minute, is for all engines operating, at MTOW, ISA conditions. One Engine Out rate of climb is for one engine inoperative rate of climb at MTOW, ISA. Cruise Speed (Knots True Air Speed - KTAS) Max Cruise Speed - is the maximum cruise speed at maximum continuous power. This may also be commonly referred to as High Speed Cruise. Normal cruise speed is the recommended cruise speed established by the manufacturer. This speed may also be the same as Maximum Cruise Speed. Long Range Cruise is the manufacturer’s recommended cruise speed for maximum range. Engines The number of engines, manufacturer and model are shown. Aircraft Index see Page 137
AircraftPer&SpecJan18.qxp_PerfspecDecember06 19/12/2017 14:51 Page 1
CHA LLEN GER BOM 350 BAR DIER CHA LLEN GER 604 BOM BAR DIER CHA LLEN GER 605 BOM BAR DIER CHA LLEN GER 650 BOM BAR DIER CHA LLEN GER 850 BOM BAR DIER GLO BAL 500 0 BOM BAR DIER GLO BAL 600 0 BOM BAR DIER GLO BAL EXP BOM RES S BAR DIER GLO BAL EXP RES S XR S
BOM BAR DIER
BOM BAR DIER
CHA LLEN GER 300
SPECIFICATIONS T FLIGHT DEPARTMENT
$2,784.23
$2,791.65
$3,102.52
$2,865.84
$2,843.16
$3,030.39
$4,264.62
$4,309.32
$4,557.31
$4,509.97
6.08
6.08
6.08
6.08
6.08
6.08
6.25
6.25
6.25
6.25
CABIN HEIGHT FT.
7.17
7.17
8.17
8.17
8.17
8.17
8.17
8.17
8.17
8.17
CABIN WIDTH FT.
23.70
23.70
28.40
28.40
28.40
48.42
42.47
48.35
48.35
48.35
CABIN LENGTH FT.
930
930
1146
1146
1146
1964
1889
2002
2002
2002
CABIN VOLUME CU.FT.
6.22
6.22
5.83
5.83
-
5.80
6.17
6.17
6.16
6.17
DOOR HEIGHT FT.
2.50
2.50
3.08
3.08
-
3.08
3.00
3.00
3.00
3.00
DOOR WIDTH FT.
106
106
115
115
115
202
195
195
190
195
BAGGAGE VOL. INT. CU.FT.
-
-
-
-
-
-
-
-
-
-
BAGGAGE VOL. EXT. CU.FT.
2
2
2
2
2
2
2
2
2
2
CREW #
8
8
10
10
10
15
13
13
13
13
SEATS - EXECUTIVE #
38850
40600
48200
48200
48200
53000
92500
99500
95000
98000
MTOW LBS
33750
34150
38000
38000
38000
47000
78600
78600
78600
78600
MLW LBS
23850
24800
27100
27150
27150
34618
50861
52230
50300
51200
B.O.W. W/CREW LBS
14045
14043
19850
19852
19852
18274
38959
44716
43158
44642
USEABLE FUEL LBS
1105
1907
1263
1298
1298
358
2930
2804
1792
2408
PAYLOAD WITH FULL FUEL LBS
3350
3400
4815
4850
4850
9382
7139
5770
5700
4800
MAX. PAYLOAD LBS
3065
3277
3756
3756
3756
2456
5200
5890
5940
6055
RANGE - SEATS FULL N.M.
3340
3421
4119
4123
4123
3096
5350
6080
6125
6226
MAX. RANGE N.M. (4 PAX)
4950
5090
5950
5950
5950
6800
4960
6200
5640
6200
BALANCED FIELD LENGTH FT.
3951
4033
4050
3833
3833
4120
3667
3667
3667
3667
LANDING DIST. (FACTORED) FT.
4240
-
4345
4345
4345
3395
3450
3300
3450
3300
R.O.C. - ALL ENGINES FT PER MIN
474
-
680
581
581
443
704
474
522
474
R.O.C. - ONE ENGINE OUT FT PER MIN
470
470
488
488
488
459
511
511
505
511
MAX. CRUISE SPEED KTAS
459
459
459
459
459
442
488
488
488
488
NORMAL CRUISE SPEED KTAS
459
459
425
425
425
425
471
471
459
471
L/RANGE CRUISE SPEED KTAS
2
2
2
2
2
2
2
2
2
2
HTF7000
HTF7350
CF34-3B
CF34-3B
CF34-3B MTO
CF34-3B1
BR 710-A2-20 BR 710-A2-20 BR 710-A2-20 BR 710-A2-20
VARIABLE COST PER HOUR $
ENGINES #
ENGINE MODEL
Airplane performance and specification numbers can vary depending on how they are measured. Please note this data should be used as a guide only, and not the basis on which buying decisions are taken.
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87
AircraftPer&SpecJan18.qxp_PerfspecDecember06 19/12/2017 14:52 Page 2
DAS SAU LT F ALC ON 200 0 DAS SAU LT F ALC ON 200 0DX DAS SAU LT F ALC ON 200 0EX DAS SAU LT F ALC ON 200 0EX EAS DAS y SAU LT F ALC ON 200 0LX DAS SAU LT F ALC ON 200 0LX S DAS SAU LT F ALC ON 200 0S DAS SAU LT F ALC ON 900 B DAS SAU LT F ALC ON 900 DAS C SAU LT F ALC ON 900 DX
FLIGHT DEPARTMENT T SPECIFICATIONS
$3,582.71
$2,891.91
$2,984.45
$2,891.12
$2,828.65
$2,751.63
$2,749.41
$3,857.39
$3,697.48
$3,533.26
CABIN HEIGHT FT.
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
CABIN WIDTH FT.
7.70
7.70
7.70
7.70
7.70
7.70
7.70
7.70
7.70
7.70
CABIN LENGTH FT.
31.20
31.20
31.20
31.20
31.20
31.20
31.20
33.20
33.20
33.20
CABIN VOLUME CU.FT.
1028
1028
1028
1028
1028
1028
1028
1270
1270
1270
DOOR HEIGHT FT.
5.64
5.64
5.64
5.64
5.63
5.64
5.64
5.70
5.70
5.60
DOOR WIDTH FT.
2.63
2.63
2.63
2.64
2.64
2.63
2.63
2.70
2.70
2.60
BAGGAGE VOL. INT. CU.FT.
134
131
131
131
131
131
131
127
127
127
BAGGAGE VOL. EXT. CU.FT.
-
-
-
-
-
-
-
-
-
-
CREW #
2
2
2
2
2
2
2
2
2
2
SEATS - EXECUTIVE #
10
10
10
10
10
10
10
12
12
12
MTOW LBS
35800
41000
42200
42200
42200
42800
41000
45500
45500
46700
MLW LBS
33000
39300
39300
39300
39300
39300
39300
42000
42000
42200
B.O.W. W/CREW LBS
22750
23190
23190
23190
24750
23710
24750
25275
25275
25800
USEABLE FUEL LBS
12155
14600
16660
16660
16660
16660
14660
19165
19165
18830
PAYLOAD WITH FULL FUEL LBS
1095
3410
2550
2550
990
2630
1790
1260
1260
2270
MAX. PAYLOAD LBS
5910
6510
6510
6510
4950
5990
4950
2945
2945
5064
RANGE - SEATS FULL N.M.
2841
3378
3878
3878
3970
3961
3437
3450
3450
4100
MAX. RANGE N.M. (4 PAX)
3130
3440
4045
4045
4145
4139
3619
4080
4080
4290
BALANCED FIELD LENGTH FT.
5100
5000
5500
5500
5761
4918
4534
5200
5200
4500
LANDING DIST. (FACTORED) FT.
4333
4333
4333
4333
4484
3833
3833
3633
3633
3633
R.O.C. - ALL ENGINES FT PER MIN
3730
4575
4375
4375
4350
4310
4350
3755
3755
3880
R.O.C. - ONE ENGINE OUT FT PER MIN
377
490
490
490
490
565
490
645
645
796
MAX. CRUISE SPEED KTAS
475
482
482
482
482
482
482
500
500
482
NORMAL CRUISE SPEED KTAS
459
459
459
459
453
453
453
466
466
459
L/RANGE CRUISE SPEED KTAS
430
442
442
442
441
441
441
428
428
430
2
2
2
2
2
2
2
3
3
3
TFE 7315BR-1C
TFE 7315BR-1C
VARIABLE COST PER HOUR $
ENGINES # ENGINE MODEL
CFE 738-1-1B
PW308C
PW308C
PW308C
PW308C
PW308C
PW308C
TFE 731-60
Airplane performance and specification numbers can vary depending on how they are measured. Please note this data should be used as a guide only, and not the basis on which buying decisions are taken.
88
AVBUYER MAGAZINE – January 2018
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Aircraft Index see Page 137
G20 0 GUL FSTR EAM
EMB RAE R LE GAC Y 65 0
EMB RAE R LE GAC Y 60 0
EMB RAE R LE GAC Y 50 0
DAS SAU LT F ALC ON 8X
DAS SAU LT F ALC ON 900 EX E ASy DAS SAU LT F ALC ON 900 LX DAS SAU LT F ALC ON 7X
DAS SAU LT F ALC ON 900 EX
AircraftPer&SpecJan18.qxp_PerfspecDecember06 19/12/2017 14:53 Page 3
$3,740.96
$3,501.00
$3,250.65
$3,428.34
$3,399.64
$3,211.92
$3,284.43
$3,385.15
$2,861.57
6.20
6.20
6.20
6.20
6.20
6.00
6.00
6.00
6.25
CABIN HEIGHT FT.
7.70
7.70
7.70
7.70
7.70
6.83
6.92
6.92
7.20
CABIN WIDTH FT.
33.20
33.20
33.20
39.10
42.70
27.50
49.80
49.80
24.50
CABIN LENGTH FT.
1270
1270
1270
1506
1695
823
1656
1656
869
CABIN VOLUME CU.FT.
5.60
5.60
5.60
5.64
5.64
5.22
5.60
5.60
6.00
DOOR HEIGHT FT.
2.60
2.60
2.60
2.63
2.63
1.91
2.50
2.50
2.75
DOOR WIDTH FT.
127
127
127
140
140
29
286
286
25
BAGGAGE VOL. INT. CU.FT.
-
-
-
-
-
126
-
-
125
BAGGAGE VOL. EXT. CU.FT.
2
2
2
2
2
2
2
2
2
CREW #
12
12
12
12
12
8
13
13
8
SEATS - EXECUTIVE #
48300
49000
49000
70000
73000
38360
49604
53572
35450
MTOW LBS
44500
44500
44500
62400
62400
34524
40785
44092
30000
MLW LBS
24700
24700
26400
36600
36100
23850
30419
31217
19950
B.O.W. W/CREW LBS
21000
21000
21000
31940
34900
13058
18170
20600
15000
USEABLE FUEL LBS
2800
3500
1800
1660
2200
1628
1169
1909
650
PAYLOAD WITH FULL FUEL LBS
6164
6164
4464
4400
4900
2650
4855
4938
4050
MAX. PAYLOAD LBS
4500
4500
4800
5490
6290
2762
3091
3661
3130
RANGE - SEATS FULL N.M.
4725
4725
5000
5870
6630
3167
3485
3980
3530
MAX. RANGE N.M. (4 PAX)
5050
5215
5215
5600
5820
4250
5749
5804
6991
BALANCED FIELD LENGTH FT.
3750
3750
3833
3591
3591
4558
3835
3910
4352
LANDING DIST. (FACTORED) FT.
3880
3880
3880
-
-
3866
2639
3022
3700
R.O.C. - ALL ENGINES FT PER MIN
755
703
703
615
-
841
761
757
395
R.O.C. - ONE ENGINE OUT FT PER MIN
482
482
482
-
-
472
455
459
470
MAX. CRUISE SPEED KTAS
459
459
459
488
488
459
447
447
459
NORMAL CRUISE SPEED KTAS
430
430
430
459
459
439
424
425
430
L/RANGE CRUISE SPEED KTAS
3
3
3
3
3
2
2
2
2
TFE 731-60
TFE 731-60
PW307A
PW307D
HTF7500E
AE 3007A1E
AE 3007A2
PW306A
TFE 731-60
VARIABLE COST PER HOUR $
ENGINES #
ENGINE MODEL
Airplane performance and specification numbers can vary depending on how they are measured. Please note this data should be used as a guide only, and not the basis on which buying decisions are taken.
Advertising Enquiries see Page 4
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
89
AircraftPer&SpecJan18.qxp_PerfspecDecember06 20/12/2017 14:07 Page 4
G65 0ER GUL FSTR EAM
G65 0 GUL FSTR EAM
G55 0
GUL FSTR EAM
G50 0 (O LD M ODE L) GUL FSTR EAM
G45 0 GUL FSTR EAM
G40 0 GUL FSTR EAM
G35 0 GUL FSTR EAM
G30 0 GUL FSTR EAM
GUL FSTR EAM
G28 0
FLIGHT DEPARTMENT T SPECIFICATIONS
$2,831.21
$3,985.18
$3,920.60
$3,988.40
$3,850.69
$4,035.64
$3,981.35
$4,085.13
$4,090.08
CABIN HEIGHT FT.
6.25
6.20
6.20
6.20
6.20
6.20
6.20
6.40
6.40
CABIN WIDTH FT.
7.20
7.30
7.30
7.30
7.30
7.30
7.30
8.50
8.50
CABIN LENGTH FT.
32.25
45.10
45.10
45.10
45.10
50.10
50.10
53.60
53.60
CABIN VOLUME CU.FT.
888
1658
1658
1658
1658
1812
1812
2421
2421
DOOR HEIGHT FT.
6.00
5.00
5.00
5.00
5.00
5.00
5.00
6.28
6.28
DOOR WIDTH FT.
2.75
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
BAGGAGE VOL. INT. CU.FT.
34
169
169
169
169
226
226
195
195
BAGGAGE VOL. EXT. CU.FT.
120
-
-
-
-
-
-
-
-
CREW #
2
2
2
2
2
2
2
2
2
SEATS - EXECUTIVE #
8
13
14
13
14
18
18
18
18
MTOW LBS
39600
72000
70900
74600
74600
85100
91000
99600
103600
MLW LBS
32700
66000
66000
66000
66000
75300
75300
83500
83500
B.O.W. W/CREW LBS
24150
43700
43000
43700
43000
47900
47900
54000
54000
USEABLE FUEL LBS
14600
26700
25807
29281
29281
34940
41000
44200
48200
PAYLOAD WITH FULL FUEL LBS
1000
2000
2493
2019
2719
2660
2500
1800
1800
MAX. PAYLOAD LBS
4050
5300
6000
5300
6000
6600
6600
6500
6500
RANGE - SEATS FULL N.M.
3590
3486
3680
3880
4070
5620
6360
6520
7095
MAX. RANGE N.M. (4 PAX)
3690
3820
3900
4166
4425
5991
6975
7130
7685
BALANCED FIELD LENGTH FT.
5160
4912
5060
5276
5578
5145
5963
6146
6765
LANDING DIST. (FACTORED) FT.
5083
4417
4417
4417
4417
3667
3667
4167
4167
R.O.C. - ALL ENGINES FT PER MIN
5000
3805
3960
3640
3760
3950
3650
3570
-
R.O.C. - ONE ENGINE OUT FT PER MIN
844
767
736
701
712
707
594
467
-
MAX. CRUISE SPEED KTAS
482
500
500
500
500
508
508
516
516
NORMAL CRUISE SPEED KTAS
470
476
476
476
476
488
488
-
-
L/RANGE CRUISE SPEED KTAS
459
445
445
445
445
459
459
488
488
2
2
2
2
2
2
2
2
2
HTF7250G
TAY 611-8
TAY 611-8C
TAY 611-8
VARIABLE COST PER HOUR $
ENGINES # ENGINE MODEL
TAY 611-8C BR 710-C4-11 BR 710-C4-11 BR 725 A1-12 BR 725 A1-12
Airplane performance and specification numbers can vary depending on how they are measured. Please note this data should be used as a guide only, and not the basis on which buying decisions are taken.
90
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft Index see Page 137
T
Aradian November.qxp 25/10/2017 11:51 Page 1
File photo
Gulfstream 550
2013 Gulfstream 450
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2002 Gulfstream 200
2013 Challenger 605
4200TT. JSSI. EU Ops. 9 pax interior.
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1993 Gulfstream GIV SP 9150 TT,RVSM and MNPS Compliant, Overall Matterhorn White with stripes
2015 Eurocopter AS 350B3e 75TT, 6 seat configuration in Light Grey with Mid Grey fabric inserts. Grey Coin flooring, Overall Dark Blue with White stripe Exterior
3625 TT, Engines on JSSI, ,Interior recently refurbished- 14 passenger interior in Beige leather
2015 Eurocopter EC130 T2 75 TT, 7 seat executive configuration with Grey leather edging and Blue fabric inserts, Overall Blue with Gold and Silver stripes Exterior
ALSO OFFERING: Beech King Air C90GT/C90/B200/350, Hawker 400XP, Citation XL/XLS/Sovereign, Agusta Koala, Gulfstream G100/G150, Hawker 800XP/850XP/900XP. Call/Email For Details
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AirCompAnalysis Jan18.qxp_ACAn 19/12/2017 15:30 Page 1
FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE
Aircraft Comparative Analysis Bombardier Global 5000 vs. Dassault Falcon 7X Mike Chase provides information on a pair of popular Ultra-Long-Range and Large Cabin business jets. How will the Bombardier Global 5000 compare alongside the Dassault Falcon 7X?
O Mike Chase’s analytical and consultancy services are highly valued within the Business Aviation industry. He is founder and president of Chase & Associates, and works closely with several respected sources to compile his unique Aircraft Comparative Analysis feature. Contact Mike via mike@avbuyer.com
92
ver the following paragraphs, we’ll consider the productivity parameters of payload, range, speed and cabin size, and consider current market values in relation to the Global 5000 and Falcon 7X. First, though, let’s consider the background of the Global 5000… The Global 5000 offers operators the advantage of short take-off and landing performance, and traces its roots to the Global Express which became the second Ultra-Long-Range and Large Cabin business jet to enter the market in the late 1990s. The Global 5000 is a derivative, based on the Global Express. It incorporates a 32 inch reduction in forward fuselage length and 1,200nm reduction in maximum range, and made its maiden flight in March 2003 with certification awarded in October 2004. Three subsequent business jets have followed the Global 5000, including the Global 6000 (already in service), and the in-development Global 7000 and Global 8000 Ultra-Long-Range business jets.
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Global 5000 Fleet Dynamics
Since its entry into service, 221 Global 5000s have been delivered globally, with 218 in operation today. Of those, 204 are wholly-owned, one is in shared ownership, and 13 are in fractional ownership. By continent, North America has the largest percentage of in-operation Global 5000s (45%), followed by Europe (28%) and Asia (25%), accounting for a combined 97% of the world’s Global 5000 fleet. A relatively high 40% of the 218 Global 5000s currently in operation are in fleet ownership. The largest fleet operator (US-based NetJets) owns 12 units. Interestingly, 13% of the Bombardier Global 5000 fleet are leased. As of November 2017, the Global 5000 market is comprised of 70% new vs. 30% used. The percentage ‘For Sale’ on the used jet market is 8.3%, the majority of which are under an exclusive broker agreement. Average days on the market currently stands as 375 days, according to JETNET. Aircraft Index see Page 137
AirCompAnalysis Jan18.qxp_ACAn 20/12/2017 09:55 Page 2
HOW MANY
EXECUTIVE SEATS
BOMBARDIER Global 5000
vs.
13
$48.0 Million
(Manufactured between 2005-Present)
(2017 Model)
DASSAULT Falcon 7X
12
$48.0 Million
(Manufactured between 2007-Present)
(2017 Model)
WHICH OF THESE jets WILL COME OUT ON TOP HOW MUCH
Bombardier Global 5000
DO I NEED?
Dassault Falcon 7X
RUNWAY
4,960 5,600
(Balanced field length, ft) 0
1000
PAYLOAD
CAN WE GO?
CAN WE TAKE?
(Nautical Miles. 4 Pax) 7X
5,870
7X
4,400
OPERATION?
EACH MONTH?
NEW/USED SOLD
Global 5000
471
425 459
7X
WHAT’S THE VARIABLE
COST PER HOUR?
4 (8.1%)*
Global 5000 Falcon 7X
Advertising Enquiries see Page 4
(Knots)
2 (8.3%)
218
Sources used: Aircraft Bluebook, Conklin & de Decker, JETNET, Aircraft Cost Calculator.
6000
CRUISING SPEED? 7,139
HOW MANY
271
5000
LONG RANGE
(Lbs)
HOW MANY
UNITS IN
4000
WHAT’S THE
Global 5000
5,350
3000
HOW MUCH
HOW FAR Global 5000
2000
$4.265 $3,428
12-Month Average Figure (% = Global Fleet For Sale)
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
93
AirCompAnalysis Jan18.qxp_ACAn 20/12/2017 10:16 Page 3
FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE
Table A - Payload & Range
A vital consideration for prospective buyers of business jets is that of ADS-B equipage. Of the 218 Global 5000 business jets in operation, 121 (56%) are ADS-B Out equipped, leaving 45% of the fleet yet to comply. The FAA has mandated that all US-operated business jets must comply with this requirement by January 1, 2020.
Global 5000 Falcon 7X
92,500
70,000
38,959
MTOW (lb)
31,940 19,852
Max Fuel (lb)
7,139
4,400 19,852
Max Payload (lb)
2,930
1,660 19,852
Avail Payload w/Max Fuel (lb)
5,350
5,870 19,852
Max Fuel Range (lb) (4 Pax)
4,920
5,000 19,852
Max P/L w/Avail Fuel IFR Range (nm)
Source: Conklin & de Decker
Chart A - Cabin Cross-Sections
Source: UPCAST JETBOOK
Table B - Interior Cabin Length Interior Cabin Length Models
Cabin Volume*
Personal Space - 4 pax**
Personal Space - 8 pax**
Main Seating
Net
Gross
cu. ft
cu. ft
cu. ft
Global 5000
27.2 ft
40.7 ft
45.7 ft
1,889
472
236
Falcon 7X
26.2 ft
39.1 ft
46.5 ft
1,506
377
188
Source: B&CA May 2017; *Conklin & de Decker, ** M 2 Performance Group
94
AVBUYER MAGAZINE – January 2018
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As mentioned in past articles, a potential operator should focus on payload capability as a key factor. According to data sourced from Conklin & de Decker (presented in Table A, top left), the Global 5000 ‘Available Payload with Maximum Fuel’ (2,930 lbs) is more than that offered by the Falcon 7X (1,660 lbs).
Cabin Cross-Section Views
Falcon 7X
Global 5000
Payload & Range
Chart A (left) shows a cabin cross-section comparison with the Global 5000 offering more width (8.17ft) than the Falcon 7X (7.70ft). However, cabin height dimensions are almost the same, with both business jets offering a flat floor design. Interior height is measured at the center of the cross section, while the width dimensions can be measured from the widest part of the cabin or at floor level. For the purpose of this comparison we provide the measurement taken from the widest part of the cabin (i.e. maximum interior width). Cabin length, meanwhile, can be measured in three ways, each yielding differing cabin volumes. (For example, the Main Seating measurement would include all passenger seats but not the lavatory areas.) Table B (left), sourced from B&CA, shows that the Global 5000 has the greater interior cabin length compared to the Falcon 7X based on the ‘main seating’ area and ‘net’ measurement, but not in terms of ‘gross’ measurement. When comparing aircraft cabins, a key cabin volume measurement is that of personal space. As an example, the personal space per passenger Aircraft Index see Page 137
SCA January.qxp_Layout 1 18/12/2017 15:05 Page 1
AirCompAnalysis Jan18.qxp_ACAn 19/12/2017 15:33 Page 4
FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE
Chart B - Range Comparison
calculated for the Global 5000 is 472cu.ft with four passengers and 236cu.ft with eight passengers, per data from M2 Performance Group. Prospective buyers are advised to measure the aircraft themselves or consult with interior experts to provide fair comparisons. Due diligence from a prospective owner/operator is required to understand comparative aircraft interior measurements.
Range Comparison
As depicted by Chart B (right), using Teterboro, New Jersey as the origin point the Global 5000 (5,475nm) offers less range coverage than the Falcon 7X (5,760nm). Each business jet’s range covers all of North America, South America, Europe, and parts of Russia and Africa. Note: For jets and turboprops, ‘Four Passengers with Available Fuel’ represents the maximum IFR range of the aircraft at Long-Range Cruise with four passenger seats occupied. NBAA IFR fuel reserve calculation for a 200nm alternate is assumed. The lines depicted do not include winds aloft or any other weather-related obstacles.
Global 5000
5,475 nm (w/4 PAX)
Falcon 7X
5,760 nm (w/4 PAX)
Chart C – Variable Cost
The Bombardier Global 5000 is powered by two Rolls-Royce BR710A2-20 turbofan engines each with 14,750 lbst. The Dassault Falcon 7X, meantime, is powered by three Pratt & Whitney PW307A turbofan engines, each with lower thrust at 6,405 lbst.
Falcon 7X
$6,000
US $ per hour
Table C - Aircraft Comparisons Global 5000 Falcon 7X
471
459
Long Range Cruise Speed
Aircraft Comparison Table
AVBUYER MAGAZINE – January 2018
$4,000
$2,000
Source: Conklin & de Decker
The ‘Total Variable Cost’ illustrated in Chart C (middle, right), sourced from Conklin & de Decker, is defined as the Cost of Fuel Expense, Maintenance Labor Expense, Scheduled Parts Expense and Miscellaneous Trip Expense. The Total Variable Cost for the Global 5000 computes at $4,265 per hour, which is almost 25% more than the Falcon 7X at $3,428 per hour.
96
$3,428 $0
Total Variable Cost
Table C (right), contains the 2017 new prices from Vref for each aircraft. The average speeds are from Conklin & de Decker and the
$4,265
Global 5000
Powerplant Details
1,889
1,506
Cabin Volume Cu Ft
5,475
5,760
4 PAX w/avail Fuel IFR Range nm
$48
$48
New 2017 Vref Price $US m
218
271
In Operation
8.3%
8.1%
% For Sale
2
4
Average Sold Per Month*
*Average Pre-owned Full Sale Transactions in the past 12 months; Source: JETNET Data courtesy of Conklin & de Decker; B&CA; Vref; JETNET.
www.AVBUYER.com
Aircraft Index see Page 137
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AirCompAnalysis Jan18.qxp_ACAn 19/12/2017 15:34 Page 5
FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE
Table D - Part 91 & 135 MACRS Schedule MACRS SCHEDULE FOR PART 91 Year Deduction
1
2
20.00 %
32.00 %
3
4
19.20 %
11.52 %
5 11.52 %
6
-
-
5.76 %
-
-
MACRS SCHEDULE FOR PART 135 Year Deduction
1
2
3
4
5
6
7
8
14.29 %
24.49 %
17.49 %
12.49 %
8.93 %
8.92 %
8.93 %
4.46 %
Source: NBAA
ranges are from B&CA, while the number of aircraft in-operation, percentage ‘For Sale’ and average sold are as reported by JETNET. The Global 5000 business jet fleet had 18 jets ‘For Sale’ (8.3% of its fleet) as of the end of October 2017, while the Falcon 7X had 22 (8.1% of the fleet) ‘For Sale’. Currently, the average number of used transactions (sold) per month is two for the Global 5000 compared to four for the Falcon 7X.
Depreciation Schedule
Table E - MACRS Depreciation Schedule 2017 Global 5000 - PRIVATE (PART 91) Full Retail Price - Million Year
$48.000 1
2
3
4
5
6
20.00 %
32.00 %
19.2 %
11.5 %
11.5 %
5.8 %
Depreciation ($M)
$9.600
15.360
9.216
5.530
5.530
2.765
Depreciation Value ($M)
$38.400
23.040
13.824
8.294
2.765
0
Cum. Depreciation ($M)
$9.600
24.960
34.176
39.706
45.235
48.000
Full Retail Price - Million
$48.000
Rate (%)
2017 Global 5000 - CHARTER (PART 135) Year Rate (%)
1
2
3
4
5
6
7
8
14.3 %
24.5 %
17.5 %
12.5 %
8.9 %
8.9 %
8.9 %
4.5 % 2.141
Depreciation ($M)
$6.859
11.755
8.395
5.995
4.286
4.282
4.286
Depreciation Value ($M)
$41.141
29.386
20.990
14.995
10.709
6.427
2.141
0.000
Cum. Depreciation ($M)
$6.859
18.614
27.010
33.005
37.291
41.573
45.859
48.000
Source: Vref
BOMBARDIER GLOBAL 5000
98
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft that are owned and operated by businesses are often depreciable for income tax purposes under the Modified Accelerated Cost Recovery System (MACRS). Under MACRS, taxpayers are allowed to accelerate the depreciation of assets by taking a greater percentage of the deductions during the first few years of the applicable recovery period (see Table D, above left). In certain cases, aircraft may not qualify under the MACRS system and must be depreciated under the less favorable Alternative Depreciation System (ADS) where depreciation is based on a straight-line method, meaning that equal deductions are taken during each year of the applicable recovery period. In most cases, recovery periods under ADS are longer than recovery periods available under MACRS. There are a variety of factors that taxpayers must consider in determining if an aircraft may be depreciated, and if so, the correct depreciation method and recovery period that should be utilized. For example, aircraft used in charter service (i.e. Part 135) are normally depreciated under MACRS over a seven-year recovery period or under ADS using a twelve-year recovery period. Aircraft used for qualified business purposes, such as Part 91 business use flights, are generally depreciated under MACRS over a period of five years or by using ADS with a sixyear recovery period. There are Aircraft Index see Page 137
AirCompAnalysis Jan18.qxp_ACAn 19/12/2017 15:35 Page 6
AIRCRAFT COMPARATIVE T FLIGHT DEPARTMENT
The current used jet market for the Bombardier Global 5000 shows a total of 18 jets ‘For Sale’ with two displaying ask prices ranging from $13.8m to $14.95m. We also reviewed the used Dassault Falcon 7X jet market (22 currently for sale) with five displaying ask prices that range from $17.9m to $24.9m. According to Vref, a 2007 model Global 5000 value (as a percentage of the New Retail price) has declined to 35% of what it cost new, while the Falcon 7X has retained slightly more of its 2007 new value at 41%. While each serial number is unique, the Airframe (AFTT) hours and age/condition will cause great variations in price. Of course, the final negotiated price remains to be decided between the seller and buyer before the sale of an aircraft is completed.
Maximum Scheduled Maintenance Equity
As offered by Asset Insight LLC, Chart D (above right) depicts the Maximum Maintenance Equity for the Bombardier Global 5000, based on its age. Note: • The Maximum Maintenance Equity figure was achieved the day the aircraft came off the production line (since it had not accumulated any utilization toward any maintenance events); • The percent of the Maximum Maintenance Equity that an average aircraft will have available based on its age, assumes: a) Average annual utilization of 470 Flight Hours; and b) All maintenance is completed when due.
Productivity Comparisons
The points in Chart E (right) are centered on the same aircraft. Pricing used in the vertical axis is as published in the Vref Pricing Guide. The productivity index requires further discussion in that the factors used can be somewhat arbitrary. Productivity can be defined (and it is here) as the multiple of three factors: 1. Four/Eight Passenger Range (nm) with available fuel; Advertising Enquiries see Page 4
100%
Assumed Annual Utilization (Flight Hours): 470
Average Maximum Available Maintenance Equity: $10,887,975
90% 80%
70% 60% 50% 40% 30%
1
2
3
4
5
6
7
8
Aircraft Age (Years)
9
10
11
12
13
Chart E - Productivity Comparison $80.0
Price (Millions)
Asking Prices & Quantity
Chart D - Percentage Of Average Max Maintenance Equity vs Aircraft Age
Pct of Max Maintenance Equity
certain uses of the aircraft, such as nonbusiness flights, that may have an impact on the allowable depreciation deduction available in a given year. Table E (left) depicts an example of using the MACRS schedule for a 2017-model Global 5000 business aircraft in private (Part 91) and charter (Part 135) operations over five- and seven-year periods, assuming a 2017 list price for a Global 5000 at $48 million (per Vref Pricing Guide).
$60.0
$40.0
Global 5000
Falcon 7X
$20.0 2.0000
4.0000
6.0000
8.0000
Index (Speed x Range x Cabin Volume / 1,000,000,000)
2. The long range cruise speed flown to achieve that range; 3. The gross cabin volume available for passengers and amenities. Others may choose different parameters, but serious business aircraft buyers are usually impressed with Price, Range, Speed and Cabin Size. After consideration of the Price, Range, Speed and Cabin Size, we can conclude that the Global 5000 displays a high level of productivity. Both business jets are offered at the same new price. While the Bombardier Global 5000 offers greater cabin volume and ‘Available Payload with Maximum Fuel’, it offers less range and a higher variable hourly cost compared to the Falcon 7X business jet. Operators will need to weigh up their mission requirements very precisely when picking which option is the best for them. www.AVBUYER.com
Summary
Within the preceding paragraphs we have touched upon several of the attributes that business aircraft operators value. There are other qualities such as airport performance, terminal area performance, and time to climb that might factor in a buying decision, too, however. The Global 5000 continues to be a popular jet model today. Those operators in the market should find the preceding comparison useful. Our expectations are that the Global 5000 will continue to do well in the used jet market for the foreseeable future. Of course, if the Global 5000 is not outfitted with ADS-B Out, it cannot be placed in operation after December 31, 2019, adding a further buying consideration to the equation. T January 2018 – AVBUYER MAGAZINE
99
Ownership Jan18.qxp_Layout 1 19/12/2017 15:55 Page 1
BOARDROOM T OWNERSHIP
Which Business Aviation Ownership Option? While few companies and entrepreneurs doubt the value of business aircraft, many ask the best way to engage in Business Aviation. David Wyndham provides answers on the options…
B
usiness has never been more competitive. One thing remains essentially unchanged, however - the need to communicate in order to achieve company goals. Phone calls, emails or video conferences - none are as effective as the in-person meeting.
100
AVBUYER MAGAZINE – January 2018
In-person meetings are productive, but the time needed to travel to and from these meetings can take its toll on even the most hearty businessperson. First is the time spent away from the office. Many major airports have lengthy waits at security lines during periods of peak travel. Airline schedules are designed to serve the herd, not the individual. Flight delays can cause connecting flights to be missed. A simple two-hour meeting half-way across the country can require two-day’s travel. A half-day meeting across the globe, with the effects of jet lag, can take a week or more out of a productive schedule.
www.AVBUYER.com
Aircraft Index see Page 137
Ownership Jan18.qxp_Layout 1 19/12/2017 12:15 Page 2
David Wyndham is co-owner & president of Conklin & de Decker where his expertise in cost and performance analyses, fleet planning and life cycle costing are invaluable. He’s formerly an instructor pilot with the US Air Force. Contact him via david@conklindd.com
“Eight people missing one eight-hour day of work because of travel considerations costs 64-person hours. Such loss of productivity with two groups over one year can cost about 6,400 person-hours!”
If you are reading this, you already know there is a better way: Business Aviation. Business Aviation offers convenience, speed, security and flexibility. The value of a senior leader’s time, or a group of employees traveling and working together can easily outweigh the costs of the travel. Along with the schedule flexibility of using business aircraft, however, comes the flexibility to choose between the many forms of Business Aviation—whether occasional charter, contract charter, card program, specialized card/club programs, fractional ownership, timesharing between flight departments, joint ownership or the services of a full-blown in-house flight department dedicated to the company or entrepreneur. This series of articles will help determine what form(s) of Business Aviation can satisfy your travel needs. No one form is superior to the others, and all have their strengths.
Where to Start
First consider your travel needs. Where do you travel, with how many people and how often? To illustrate, I had one client who needed to travel from Houston, Texas to Elko, Nevada. At a minimum the trip required two overnights as the airline required a full day for Advertising Enquiries see Page 4
travel each way because of connecting stops. A business aircraft can make the trip out and back in one day. Another client was looking at monthly trips from their US headquarters to Asia with six people. The airline schedule was sufficiently frequent that scheduling the trip was not onerous. But the travelers needed privacy to discuss business during the long flight and when appropriate to obtain rest. With six people, a business aircraft enabled conditions for both work and rest. A third client has corporate offices in the Southern US and in the Northeast US. The company has teams of employees traveling between these locations every week. A typical trip comprises eight people flying north and a different group of eight flying south. As neither corporate office is near a major hub airline airport, layovers and delays using the Scheduled Airlines added at least one, sometimes two days to the travel. Eight people missing one eight-hour day of work because of travel considerations costs 64-person hours. Such loss of productivity with two groups over one year can cost about 6,400 person-hours! Another important step in the travel analysis is to identify your pain points:
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BOARDROOM T OWNERSHIP
“Many other benefits accrue to companies that use Business Aviation.” • •
What destinations are difficult in terms of flight availability or long travel days? How much ground travel is there between the airline airport and your eventual destination?
There are over 5,500 General Aviation airports suitable to the typical business aircraft in the US alone. In many cases, there is an airport close by where you need to go. Consider how many people travel on these trips using the airlines. • How many people would travel on these trips if the time for travel were reduced? • What if sales and support teams could be on the client visit? Determine if you need space to work while travelling on the flight. • Are there confidential conversations that can be/should be accomplished? • How important or necessary is it to be able to change the travel schedule at the last minute? • How productive would it be to have a meeting run longer without the worry of a missed flight? Ultimately, the business aircraft operates on your schedule.
Security and Peace of Mind
Are you or someone on your team a nervous flier? Business Aviation has safety rules and best practices that are the equal to anything the airlines follow. The safety record of multi-engine business jets flown by a two-person salaried crew is essentially identical to that of the Schedule Airlines. Some Business Aviation options allow you to have a dedicated crew. There can be a great comfort in knowing the first names of your pilots. Many other benefits accrue to companies that use Business Aviation. For example, baggage and valuable equipment are unlikely to be mishandled or lost on a business aircraft. Senior executives under a mandated security program regarding travel find business aircraft particularly secure. What about bringing in clients and prospects to visit your facilities? Such outreach enables customers to understand your firm better and to know how much you value their use of time. Sending a business aircraft to bring them to you is a sure sign that their business is important to you. In subsequent articles we will provide insight and information that describes what forms of Business Aviation can best serve your company’s travel needs. T
Are you looking for more Business Aircraft Ownership articles? Visit www.avbuyer.com/articles/business-aircraft-ownership 102
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www.AVBUYER.com
Aircraft Index see Page 137
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Buying & Selling 3 December.qxp_Finance 19/12/2017 12:10 Page 1
BOARDROOM T BUYING & SELLING
When is Right to Transition Jets? Changing travel needs, fresh availability of cash to invest and current depreciable basis are all driving factors, but when is the right time to transition aircraft? Jet Tolbert discusses…
ow do you track the driving factors behind a decision to change business jets? How do you prepare to move up or down in aircraft size without over-thinking the issue or cancelling trips due to inadequate planning? Following we’ll set out some practical pointers…
H
Tell Tale Sign #1: Incompatible Missions
Missions change for multiple reasons. Perhaps your company’s market area has grown, or your key executives have moved. Labor availability 104
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may prompt the relocation of a factory or distribution center. Various factors can change the Flight Department’s requirement for range, runway performance and speed from their aircraft. Let’s consider the example of a company acquiring a new plant in a remote location. The convenient airport closest to that plant offers a 4,000ft runway at 1,000ft elevation that would restrict the range of many business jets on departure (including the one currently being operated by the Flight Department). It could
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Aircraft Index see Page 137
Buying & Selling 3 December.qxp_Finance 19/12/2017 12:10 Page 2
Jet Tolbert is President of American Aircraft Sales. Established in 1968, it is a premier brokerage firm which has been a trusted partner since corporations first began utilizing jet aircraft to grow their businesses. With offices in the US, Latin America sales team and a partner office in Zurich, Switzerland, American Aircraft Sales is an active NBAA, IBAC, EBAA & ABAA member.
even require some aircraft to land at airports that are not as convenient to access the new plant. If that becomes necessary, it’s a sure sign that it’s time to transition to a new aircraft. Another example might be the company’s recent growth into international markets, necessitating more regular long-range, transoceanic travel. Those trips may be beyond the capability of the company jet, requiring the purchase of something more capable. While selecting an alternative aircraft, operators Advertising Enquiries see Page 4
should bear in mind the runway requirements at the home base and those at the regular international destinations.
Tell Tale Sign #2: Large Upgrade Investment
It may be that the current aircraft was the best choice with the budget available a few years ago. When purchased it was the budget-buy; a stripped-down base model. Circumstances change. If your company now has cash available to upgrade the www.AVBUYER.com
“While selecting an alternative aircraft, operators should bear in mind the runway requirements...” January 2018 - AVBUYER MAGAZINE
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aircraft, the inclination may be to invest in the current jet with performance and avionics enhancements as well as paint and interior upgrades. This path may indeed be the best option, ultimately, but it is still wise to consider all options, including whether it could be more cost effective to transition to a different aircraft. The current needs of the Flight Department should be evaluated with consideration to all possible options: no change, the current aircraft with the required upgrades, and another aircraft that may be a suitable replacement. The upgrade costs may not have gone down much from when you purchased the current airplane, compared to the price of a larger, more capable aircraft that was previously out of budget. (In the case of trading-up, one should keep in mind that while a buyer of your current aircraft will want it clean and presentable, often they will be keen to customize it to their own tastes.)
Tell Tale Sign #3: Tax Benefits
The upgrade options mentioned above might not be an instant expense since they may be depreciable. A closer look at your circumstances should reveal whether upgrading your current aircraft or purchasing a different aircraft is the most cost-effective decision. On the subject of taxes, an aircraft that is nearly depreciated to zero is certainly a motivating factor. As 2017 drew to a close, questions regarding 1031 exchange practices were being debated by the US Congress. It seems, however, that there will be ways to increase the depreciable basis through improvements and possibly traditional aircraft trades. The right aircraft broker will help you sort out whatever law results from tax reform.
Stay Ahead of the Game
Be aware of upcoming changes to the travel needs of your company before they are implemented. Such forethought will result in fewer mishaps like cancelled flights or inconvenient fuel stops that cause delays or other surprises. In general, if there is a long-term change being considered (such as adding new destinations or upgrading and improving the aircraft), the owner is well-served to contact his or her aircraft sales/acquisitions professional and work with the Flight Department or management company to consider all options thoroughly. Keep in mind that each party may have their own agenda. Aircraft dealer/brokers on the seller’s side will want to make you the proud owner of an aircraft in their inventory, while a management company that charters or operates your jet will want you to operate the airplane that 106
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will produce higher charter revenue or fits their operational niche. Your Flight Department may be thinking of the aircraft they’d enjoy flying/operating the most. By talking with all parties on your acquisition team, you will have a better understanding of why each wants you to move in a certain direction, and you will have a more rounded view to ensure that your company’s needs are met. With thorough analysis, the right aircraft will be fueled and ready to move your business forward. T www.AVBUYER.com
Aircraft Index see Page 137
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Community News Jan18.qxp_Layout 1 19/12/2017 15:46 Page 1
COMMUNITY NEWS T REVIEW
OEM Bites
Cessna SkyCourier Unveiled FedEx Express signed a deal for up to 100 of Cessna’s new SkyCourier aircraft that can be configured with a cargo or passenger interior… extron Aviation announced its new twin-engine, high-wing, large-utility turboprop, the Cessna SkyCourier 408 toward the end of the year. FedEx Express, the world’s largest express transportation company and long-time Textron Aviation customer, has signed on as the launch customer for up to 100 aircraft, with an initial fleet order of 50 cargo aircraft and options for 50 more. Entry into service for the clean-sheet design Cessna SkyCourier is planned for 2020. Built for high-utilization operations, the Cessna SkyCourier 408 will be offered in cargo and passenger variants. The cargo variant will feature a large cargo
T
door and a flat floor cabin that is sized to handle up to three LD3 shipping containers with an impressive 6,000 lbs of maximum payload capability. The aircraft will also afford a maximum cruise speed of up to 200ktas and a 900nm maximum range. The efficient 19-passenger variant will include crew and passenger doors for smooth boarding, as well as large cabin windows for great natural light and views. Both configurations will offer single-point pressure refueling to enable faster turnarounds.
Airbus has teamed up with RollsRoyce, and Siemens with the aim of developing a near-term flight demonstrator which will be a significant step forward in hybridelectric propulsion for commercial aircraft. The E-Fan X hybrid-electric technology demonstrator is anticipated to fly in 2020 following a comprehensive ground test campaign, provisionally on a BAe 146 flying testbed.. More information from www.airbus.com or www.rolls-royce.com
BOEING
Boeing Business Jets and the Government of Poland announced an order for three Next-Generation 737s. The order included two new BBJ 2 airplanes and one 737-800, which will be operated by the Government of Poland as head-of-state aircraft for the president and top government officials. Deliveries are on schedule and run through 2020. More information from www.boeing.com/commercial/bbj/
More information from www.cessna.txtav.com
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Bombardier Business Aircraft announced its Challenger aircraft family accomplished two important delivery milestones in the past few months. The super midsize Challenger 350 aircraft has surpassed 200 deliveries, and the more recently introduced large cabin Challenger 650 aircraft has exceeded the 50-delivery mark. More information from www.bombardier.com
Aircraft Index see Page 137
HeliExpo 2018 Avbuyer 2018 205 x 270.qxp_Layout 1 20/12/2017 15:55 Page 1
Co-located with
The UK's Helicopter Owner and Operator’s Exhibition
14TH - 16TH JUNE 2018
OEM’s
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Advance tickets from just £17!
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Flight Training
Community News Jan18.qxp_Layout 1 19/12/2017 15:47 Page 2
COMMUNITY NEWS T REVIEW
OEM Bites
NEW FALCON PROGRAM WILL FEATURE THE SAME CROSS-SECTION AS THE FALCON 5X
EMBRAER
Embraer announced the enhancement of the flight experience aboard its Legacy 450 and Legacy 500 mid-cabin business jets. The maximum cabin altitude has been further reduced to a best-in-class 5,800 ft. The current maximum cabin altitude of the Legacy 450 and Legacy 500 is 6,000 ft when flying at 45,000 ft. More information from www.embraerexecutivejets.com
Falcon 5X Program Ends, New Program Announced Dassault Aviation initiated the termination process of the Silvercrest
contract in December, leading to the end of the Falcon 5X program. Simultaneously the OEM announced the launch of a new Falcon program with projected entry into service in 2022.
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he delivery of compliant Silvercrest engines was originally planned for the end of 2013 in accordance with the Falcon 5X flight test schedule, however Safran met recurrent technical issues during the program development. Consequently, Dassault postponed entry into service of the Falcon 5X from 2017 to 2020, leading to customer concerns and order cancellations. Equipped with a preliminary version of the engine, not compliant with the specifications, the Falcon 5X performed its maiden flight on July 5, 2017, and started a preliminary flight test campaign, limited by engine capacity. The Falcon 5X’s flight behaviour met all expectations. In the fall of 2017, Safran experienced issues with the high pressure compressor and informed Dassault Aviation of an additional delay and new performance 110
AVBUYER MAGAZINE – January 2018
shortfall, making the 2020 entry into service of the aircraft impossible. Considering the magnitude of the risks involved both on the technical and schedule aspects of the Silvercrest program, Dassault Aviation initiated the termination process of the Silvercrest contract leading to the end of the Falcon 5X program and plans to start negotiations with Safran. “There is still a strong market need for a brand new Long Range aircraft with a Very Large Cabin”, Dassault’s Eric Trappier explained. “So I have decided to launch a new Falcon project powered by Pratt & Whitney Canada engines, featuring the same cross-section as the Falcon 5X, a range of 5,500nm, and scheduled to enter into service in 2022.” More information from www.dassaultfalcon.com www.AVBUYER.com
FALCON AVIATION
Falcon Aviation signed a new MoU with Airbus Helicopters expanding its commitment to the H160 adding three additional helicopters to the original Letter Of Intent (LOI) signed in May 2016. The H160, with three prototypes now in flight testing, is currently preparing for certification and entry into service in 2019. More information from www.falconaviation.ae PILATUS
Pilatus has obtained type certificates from EASA and the FAA for the first ever Swiss business jet. Certification of the PC-24 business jet prepares the ground for initial customer deliveries, which will see the PC-24 take off from Central Switzerland for its entry onto the global market during January. More information from www.pilatus-aircraft.com
Aircraft Index see Page 137
EXHIBIT AT ASIA’S LARGEST BUSINESS AVIATION EVENT The Asian Business Aviation Conference & Exhibition (ABACE2018) will feature thousands of attendees, over 180 exhibitors, a full spectrum of aircraft on static display and representation from 50+ countries. Don’t miss this important opportunity to gain brand recognition and be seen as an industry leader at Asia’s premier business aviation event. Learn more and submit your exhibit application today.
LEARN MORE | www.abace.aero/2018
Community News Jan18.qxp_Layout 1 19/12/2017 15:47 Page 3
COMMUNITY NEWS T PEOPLE
Dr. Johannes Bussmann is appointed chairman of the executive board of Lufthansa Technik AG for a further five years until March 31, 2023.
Johannes Bussmann
Michael Chen is the new manager for Metrojet’s Shanghai joint venture with the responsibility of steering the development of the company’s air operator’s certificate in China. Xavier Colognac is the new vice president of sales at CEFA Aviation. Colognac has more than a decade of aeronautics experience, including with Safran Electronics. Richard Dabkowski has been appointed as director of quality assurance for the North American maintenance, refurbishment and completions business Flying Colours Corp.
Richard Dabkowski
Greg Johnson was hired by Jet Edge International to serve as senior vice president of aircraft management sales. Rick Kennedy, GE Aviation’s manager for media relations, has been selected to receive the 2017 Lauren “Deac” Lyman award for outstanding achievement in aerospace communications.
Rick Kennedy
Scott Kruce has joined Duncan Aviation’s avionics install sales team in Lincoln, Nebraska.
John Kummer was recently added to the executive team at Satcom Direct. John Leahy’s long and distinguished era at Airbus has drawn to a close. The legendary sales chief who has been at the center of the company’s rise over the decades, has retired. Brendan Lodge was appointed aircraft acquisitions specialist for Jet Support Services (JSSI) the leading independent provider of maintenance support and financial services to the Business Aviation industry.
John Leahy
Richard Marelli has been appointed by Airbus to lead its Brazilian Operations. Marelli, was previously president of its Helibras subsidiary. Jack J. Pelton, CEO and chairman of the board for the Experimental Aircraft Association, has received multiple honors over the past few weeks from the National Aeronautic Association, FAA, and the Kansas Aviation Hall of Fame.
Brendan Lodge
Eric Schulz, becomes the new executive vice president, chief of sales, marketing and contracts for the Airbus Commercial Aircraft business. Schulz comes from Rolls-Royce and replaces the recently retired John Leahy. Keith Shelburn was recently added to the executive team at Satcom Direct.
Jack Pelton
BizAv Events 2018 NBAA: Regional Forum Jan 24, West Palm Beach, FL, USA www.nbaa.org
HAI: Heli-Expo Feb 26 – Mar 1, Las Vegas, NV, USA www.heliexpo.rotor.org
Sun’n’Fun Int’l Fly-In Expo Apr 10 – 15, Lakeland, FL, USA www.sun-n-fun.org
Business Aviation Safety Summit May 10 - 11, Chicago, IL, USA ww.flightsafety.org
US Sport Aviation Expo Jan 24 - 27, Sebring, FL, USA www.sportaviationexpo.com
European Corporate Aviation Summit Mar 8, Sliema, Malta www.aeropodium.com
ABACE 2018 Apr 17 – 19, Shanghai, China www.abace.aero
NBAA: Business Aviation Taxes Seminar May 10 - 11, Dallas, TX, USA www.nbaa.org
Corporate Jet Investor London Jan 29 - 30, London, UK www.corporatejetinvestor.com
NBAA: Business Aircraft Finance Mar 18 – 20, Fort Myers, FL, USA www.nbaa.org
Aero Friedrichschafen Apr 18 - 21, Friedrichschafen, Ger www.aero-expo.com
The Elite London May 11-12, Wycombe Air Park, Bucks, UK www.theeliteevents.com
Helicopter Investor London Jan 31 – Feb 1, London, UK www.corporatejetinvestor.com
Opportunities in Business Jets Mar 21, Valletta, Malta www.quaynote.com
AEA: Europe Connect Conference Apr 24 – 25, Prague, Czech Republic www.aea.net
NAFA: Conference May 16 – 18, Coronado Island, CA, USA www.nafa.aero
NBAA: Schedulers & Dispatchers Feb 6 - 9, Long Beach, CA, USA www. nbaa.org
AEA: Int’l Convention & Trade Show Mar 26 - 29, Las Vegas, NV, USA www.aea.net
NARA: Annual Spring Meeting Apr 25 - 27, Scottsdale, AZ, USA www.naraaircraft.com
HeliRussia May 24 - 26, Moscow, Russia www.helirussia.ru
NBAA: Leadership Conference Feb 26 – 28, San Diego, CA, USA www. nbaa.org
NBAA: International Operators Conf Mar 26 – 29, Las Vegas, NV, USA www.nbaa.org
NBAA: Maintenance Conferance May 1 – 3, Albuquerque, NM, USA www.nbaa.org
EBACE: Int’l Aircraft Transactions May 28, Geneva, Switzerland www.nbaa.org/www.ebace.aero T
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www.AVBUYER.com
Aircraft Index see Page 137
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Products & Services JANUARY18.qxp_Layout 1 20/12/2017 12:15 Page 1
PRODUCTS & SERVICES Jet Aviation Celebrates Opening of Dubai FBO
Helicopters Get Honeywell High-Speed Connectivity
Jet Aviation, together with its joint venture partner the Al Mulla Business Group, celebrated the opening of its new FBO facility in the shared terminal at Dubai South during the 2017 Dubai Airshow. As business aviation traffic is increasingly channeled through DWC, the upscale 600-square meter FBO in the shared VIP terminal adds considerable capacity for Jet Aviation to meet customer requirements now and into the future. The new state-ofthe-art facility features three customer lounges, a conference room, crew lounge and operations center, two prayer rooms and shower facilities. “Since opening in 2005, we have handled more than 25,000 aircraft in Dubai and were voted Best FBO in the Middle East & Africa in Professional Pilot magazine for the 7th time this year,” said Stefan Benz, SVP Regional Operations, EMEA & Asia”. www.jetaviation.com
Honeywell has proved that High-Speed Connectivity in Helicopters is possible, by bringing consistent, reliable connectivity to more helicopters with new certifications. Honeywell has been awarded FAA certification to install its Aspire 200 satellite communications hardware on the Bell 429, Airbus Helicopters AS350 and Sikorsky UH-60 Blackhawk airframes. The Aspire 200 system, combined with the High-Data Rate (HDR) software package, brings highbandwidth connectivity to the helicopter environment for the first time while allowing the pilot or operator to mitigate any signal connectivity issues. The European Aviation Safety Agency (EASA) approvals for those helicopters are also underway. In addition, EASA recently approved the installation of the Aspire 200 system on the Leonardo AW139. www.honeywell.com/aspire200
Albinati Welcomes Citation Latitude
Honeywell’s protection plan HAPP, takes the worry out of
A new Cessna Citation Latitude is the most recent aircraft to come under management at Geneva-based Albinati Aeronautics, and is immediately available for charter. With this new addition, Albinati enhances its reputation as a first-rate provider of business jet management services for a multi-brand fleet, including long-range jets from Bombardier, Dassault, Gulfstream and Cessna. The company’s in-house CAMO team, composed of experienced engineers, guarantees the best in aircraft maintenance supervision, ensuring the highest levels of safety and reliability. Albinati Latitude www.Albinati.aero.en
Front Range & Wetzel Team Up
Two well-established aircraft brokerage firms, Front Range Aviation, and Wetzel Aviation, jointly announce the merging of their two companies effective January 1, 2018. “We are excited to unite with such a great partner as Front Range,” stated Bryon Mobley, Left to right: Bryon Mobley, Jack Wetzel, Pat Searle, Jim Riner Wetzel Aviation partner. “Our team has previously worked together with Jim Riner and Pat Searle as part of the same sales organization and share a proven sales history and close friendship. It is only fitting that we are back together, merging the management and ownership of our two companies that will continue under the Wetzel Aviation name which respectfully honors our roots.” Pat Searle, co-owner of Front Range will assume the role of President of Wetzel Aviation. www.wetzelaviation.com 116
AVBUYER MAGAZINE – January 2018
In Other News......
avionics maintenance for business aviation and commercial helicopter operators, say the company. Now HAPP is better than ever, with the consigned inventory management upgrade, which positions spares and exchange units at operators locations, including flyaway and onsite kits. This greatly reduces turnaround time on replacement parts. www.honeywell.com/happ
Bombardier Doubles Capacity at Biggin Hill
Bombardier Business Aircraft announced that its service centre at London Biggin Hill Airport has doubled its capacity with the addition of a new hangar and more than 70 technicians, providing customers in the region with extended maintenance support. The new hangar is now operational and the facility will grow to a total of approximately 115 employees by mid-2018. With the high demand for OEM services in Europe, the additional hangar will be dedicated to heavy maintenance events, including 96-month and 120-month inspections. Following the expansion, the Biggin Hill facility will be able to service twice as many aircraft, including scheduled and unscheduled maintenance, modifications and avionics installations for Bombardier Learjet, Challenger and Global aircraft.
In Other News......
Bombardier Business Aircraft is moving Global 5000 completions work from Montreal to Wichita Eisenhower National Airport as it begins to ramp up outfitting activities for its new Global 7000 at Montreal Pierre Elliott Trudeau International Airport. It will thus be adding about 100 new jobs in Wichita and another 1,000 in Montreal over the next 18 months. The Global 7000 will be the largest purpose-built business jet in the industry and will enter into service during the second half of 2018. www.bombardier.com
www.AVBUYER.com
Aircraft Index see Page 137
Products & Services JANUARY18.qxp_Layout 1 20/12/2017 14:10 Page 2
PRODUCTS & SERVICES P&WC's PurePower PW800 to Power new Falcon Business Jet
Pratt & Whitney Canada (P&WC) announced last month that a member of P&WC's PurePower PW800 engine family has been selected to power the new Falcon Business Jet. The PurePower PW800 engine is optimized for high-flying, fast, long-range business jets and shares the same proven, rigorously-tested core technology used in Pratt & Whitney's award-winning PurePower family of geared turbofan commercial engines. The company states “ the PurePower PW800 engine incorporates the latest generation of technologies in every aspect; delivering double-digit improvement in fuel efficiency, setting a new "green" engine standard for emissions with the advanced TALON X combustor, and its low-noise design and low vibration levels will result in an exceptionally quiet cabin, enabling a more comfortable passenger experience. Thanks to its robust design, exceptional maintainability, and advanced diagnostics capabilities, the PurePower PW800 engine will deliver best-in-class availability and dispatch reliability to operators. This will be coupled with the PurePower PW800 family's enhanced service offering tailored for today's operator needs”. www.pwc.ca
Air Harrods recently celebrated its 20th year of operation at London Stansted Airport. Air Harrods was founded when the former owner of the famous Harrods Knightsbridge store expanded his personal helicopter fleet and decided to offer luxury helicopter services to the open market for charter. The business changed direction in its 15th year and the focus turned more towards management of private aircraft with charter playing a secondary role. www.harrodsaviation.com FAI rent-a-jet AG,
Germany´s largest business jet operator, has bid farewell to its penultimate Learjet 55, which will now continue life as an air ambulance jet in the USA. The Learjet 55 has already been replaced by a Learjet 60 recently acquired by FAI in Bulgaria. Earlier this year, FAI’s last Learjet 35A was also replaced by a Learjet 60 FAI currently has 11 Learjet 60 aircraft in service, which means it operates the world´s largest fleet of that aircraft type. Besides the Learjet 60, the company also operates four Global Express, five Challenger 604 aircraft, one Premier 1A and a King Advertising Enquiries see Page 4
Air 350. The company recently added its largest corporate jet to the fleet, an Airbus A319CJ which will be available for lease and ad hoc charter in mid-2018 following a cabin upgrade. www.rent-a-jet.de
Garmin has reached the one million mark for delivery of certified avionics. A milestone achieved in less than three decades since the manufacturer was founded. The one-millionth product was a GTX 3000 DO-260B compliant mode-S Extended Squitter (ES) transponder that enables ADS-B Out transmissions. Founded as ProNav by Gary Burrell and Min Kao in 1989 in Lenexa, Kansas (the blend of their first names gives Garmin its current brand), the company has grown to encompass five business segments and employ more than 11,000 worldwide. www.garmin.com Pratt & Whitney Canada (P&WC) has been selected
by Textron Aviation to power the new clean-sheet, twinengine turboprop aircraft to serve the utility segment. The Cessna SkyCourier aircraft will be powered by the 1,100 shp PT6A-65SC engine enhanced with a fully connected FAST data system. The PT6A-65SC includes the latest advanced technologies such as P&WC's FAST (Full-flight data Acquisition, Storage and Transmission) prognostic solution that helps optimize operations, reduce costs and increase availability. www.pwc.ca
Quiet Technology Aerospace (QTA) received
STC approval for its fourth airframe specific carbon fiber engine inlet replacement barrel. This STC offers a terminating solution to Falcon 2000LX/EX operators and the ongoing issue of engine inner barrel corrosion on the PW308C engines inlet. Combating an expensive and time consuming problem of aluminum inner-barrel engine inlet corrosion and acoustic screen degradation on the Falcon 2000LX/EX engines, QTA now provides a lighter weight state-ofthe-art Carbon Graphite Composite Barrel that terminates the issue, and comes with a lifetime warranty that remains with the aircraft’s serial number. When installed, the inlets appearance is better than originally manufactured. The QTA program is valid for Falcon 2000 DX/EASy/EX/LX/LXS/S models. www.qtaaerospace.com
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
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Jetsense Aviation Citation Encore November.qxp_Empyrean 19/12/2017 12:53 Page 1
S H O W C A S E
Priced at $2,450,000 USD 2002 Cessna Citation Encore Serial Number: Registration: Airframe TT: Landings:
0622 N743DB 2224.5 1149
2225 TTSN Universal UNS-1EW FMS Single WAAS/LPV Phase 5 Complied with May 2017 Part 91 Operated & Always Hangar Airframe Maintenance Tracking Enrolled on CAMP Engines Left Right Description: PW535B PW535B S/N: PCE-DC0171 PCE-DC0170 THSN: 2224.5 Hours 2224.5 Hours TCSO: 1145 Hours 1145 Hours Inspections INSPECTION FREQUENCY REMAINS | DUE PHASE 1 24 Mths/300Hrs 177.3Hrs/Apr 2018 PHASE 2 24 Mths/300Hrs 177.3Hrs/Apr 2018 PHASE 3 24 Mths/300Hrs 177.3Hrs/Apr 2018 PHASE 4 24 Mths/300Hrs 177.3Hrs/Apr 2018 PHASE 5 36 Mths/1200Hrs1169.2Hrs/May2020 PHASE B 150 Hours 27.3Hrs/2251.8 Hrs PHASE 11 6 Months 2Mths/Nov2017 PHASE 18 12 Months 1Mths/Oct2017 Avionics EFIS (Electronic Flight Instrument System) 3Tube Honeywell Primus 1000 / Primus II FMS (Flight Management System) 1 Universal UNS 1K
TCAS (Traffic Collision Avoidance System) 1 TCAS II ADC (Air Data Computer) Honeywell AZ-840 NAV (Navigation Radio) 2 Honeywell RNZ-850 VHF COM (Very High Frequency Communication) 2 Honeywell RCZ-833E HF RADIO SYSTEM 1 Bendix/King KHF-950 WEATHER RADAR 1 Honeywell P880 RADIO ALTIMETER 1 Honeywell RT-300 EGPWS (Enhanced Ground Proximity Warning System) 1 Honeywell CVR 1 Solid State IFCS (Integrated Flight Control System) 1 Honeywell Primus 1000 General Specifications Seating 2/7 Baggage (CuFt Ext/Int) 43/28 Cabin Height (Ft) 4’9” Cabin Width (Ft) 4’10” Cabin Volume (CuFt) 397.94 Seats Full Range (NM) 1,374 Balance Field Length (Ft) 3,822 Landing Distance (Ft) 3,204 Average Block Speed (Kts) 419 Normal Cruise Speed (Kts) 419 Long Range Cruise Speed (Kts) 363 Interior Number of Passengers Seven (7) + Belted Lav (8 Total) Galley Location Fwd Galley Lavatory Location Aft Belted Lav Exterior Base Paint Color(s) Matterhorn White Stripe Color(s) Green and Beige
Jet Sense Aviation, LLC Contact: Brett Forrester Contact: Pat Mitchell 550 N. Rand Road, Lake Zurich, Illinois 60047
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Tel: +1 (847) 550 4660 Email: brett@jetsenseaviation.com Email: pat@jetsenseaviation.com www.jetsenseaviation.com Aircraft Index see Page 137
Jetsense Aviation Citation Falcon 50 January.qxp_Empyrean 19/12/2017 12:49 Page 1
S H O W C A S E
Priced at $1,295,000 USD 1989 Falcon 50 Serial Number: Registration: Airframe TT: Landings:
0188 N188FJ 6310 4600
6,310 Hours TTAF (One Of The Lowest Time Falcon 50’s On The Market) Landing Gear Overhaul Complied With July 2011, Next Due July 2023 1C, 2C, & 4C Complied With In July 2013 by West Star Aviation Part 135 Operated and Maintained Beautiful Paint And Interior 5-Screen Collins ProLine II Fresh Prebuy Airframe Maintenance Tracking Enrolled on CAMP Engines Honeywell TFE731-3-1C Position: 1 2 S/N: P76652 P76640 THSN: 6310 Hours 6310 Hours TCSO: 4600 Cycles 4600 Cycles TSO: 3974 Hours 3983 Hours TSHO: 1160 Hours 1160 Hours Program: MSP Gold MSP Gold Position: 3 S/N: P76655 THSN: 6040 Hours TCSO: 4413 Cycles TSO: 2294 Hours TSHO: 940 Hours Program: MSP Gold
APU Description Honeywell GTCP36-100(A) Serial Number P-296 Total Time Since New 3793Hours Avionics COLLINS PROLINE II SUITE Autopilot / Flight Director 2 Collins APS-85 Air Data Computers 2 Collins ADS-82 Cockpit Voice Recorder 1 Fairchild A100A Cockpit Displays 5 Collins EFIS-86C-14 Flight Management System 2 Global GNS-XLS w/GPS (approach certified) Global Positioning System 2 GNS-XLS Transponder 2 Allied Signal MST-67A w/Mode S VHF Communication 2 Collins VHF-22B w/8.33 spacing Radar Altimeter 1 Collins ALT-55B Navigation Radio 2 Collins VIR-32 w/FM immunity Traffic Collision Avoidance System 1 Allied Signal TCAS-II w/change 7 General Specifications Seating 2/9 Baggage (CuFt Ext/Int) 90 / 25 Cabin Height (Ft) 5’10” Cabin Width (Ft) 6’1” Cabin Volume (CuFt) 833.92 Interior Galley Location - Forward with microwave, coffee maker, and oven Lavatory Location - Aft (Belted) Exterior Base Paint Color(s) - Matterhorn White Stripe Color(s) - Gold and Green
Jet Sense Aviation, LLC Contact: Brett Forrester Contact: Pat Mitchell 550 N. Rand Road, Lake Zurich, Illinois 60047 Advertising Enquiries see Page 4
www.AvBuyer.com
Tel: +1 (847) 550 4660 Email: brett@jetsenseaviation.com Email: pat@jetsenseaviation.com www.jetsenseaviation.com January 2018 – AVBUYER MAGAZINE
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CAAP January.qxp 19/12/2017 16:37 Page 1
S H O W C A S E
2009 Gulfstream G450 Serial Number: Registration: Airframe TT: Landings:
4152 N608D 2,577 1,780
Airframe C of A Date: January 26, 2009. In-service Date (Gulfstream New Aircraft Warranty Start Date): August 2009. 96-month Inspection C/W September 2017 at Gulfstream Savannah Engines Rolls Royce Tay 611-8C Engines enrolled in Rolls Royce Corporate Care Engine #1: S/N 85309, TSN 2577, CSN 1780 Engine #2: S/N 85308, TSN 2577, CSN 1780 APU Honeywell GTCP36-150 APU enrolled in Honeywell MSP APU S/N P-267, TSN 1,296 hrs Avionics & Communications Honeywell Primus Epic PlaneView Cockpit with Certification Foxtrot Honeywell/Kollsman VGS Visual Guidance System (HUD/EVS) Enhanced Navigation, CPDLC & FANS 1/A ADS-B Out Honeywell GP-500 Flight Guidance Panel Enhanced GPWS with Windshear Detection Triple Honeywell AZ-200 Air Data Modules Triple Honeywell AV-900 Audio Panels Honeywell MT-860 NAV/COMM Cabinet Dual Honeywell RT-300 Radio Altimeter Triple Honeywell NZ-2000 FMS, software version 7.1.2
Triple Honeywell LASEREF V IRS L3 FDR Flight Data Recorder L3 CVR Cockpit Voice Recorder Dual 24-Channel Global Positioning System Honeywell TCAS-2000 TCAS w/ 7.1 Honeywell LSZ-860 Lightning Detector Aircell Telephone with four handsets Dual Honeywell MRC-855C Modular Radio Cabinet Triple Honeywell MAU-913 Modular Avionics Unit Airborne Flight Information System (AFIS) with SATCOM link RVSM, 8.33 spacing, FM immunity Exterior Overall Matterhorn White with light blue and silver accent striping by Gulfstream Savannah, 2009 Interior Aft galley 14-passenger “Universal” interior • Forward Cabin 4-place club group • Mid Cabin 4-place divan opposite 2-place club group • Aft Cabin 4-place conference/dining group opposite credenza Forward (auxiliary) and aft (full-size) lavatories Aft galley with microwave, convection oven, and dual coffee makers 30-gallon pressurized water system Two LCD flat screen monitors: 20” monitor on fwd bulkhead; 17” above credenza Six 7” monitors: one at each forward club seat and one in crew compartment Two 110V electrical outlets in cockpit, 12 in cabin/galley/lav Asking price is $14,500,000
Corporate Aviation Analysis & Planning Inc 97 Village Lane, Suite 100, Colleyville, TX 76034, USA
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Tel: +1 817 428 9200 Fax: +1 817 428 9201
Aircraft Index see Page 137
CAI January.qxp 19/12/2017 12:51 Page 1
S H O W C A S E
2011 Hawker 900XP Serial Number: HA-0184 Registration: N977HG Airframe TT: 1,626.5 Landings: 996 • NEW PAINT AND INTERIOR 2015 • E/F/G (12/24/48 MONTH INSPECTIONS JUNE 2015) • ENGINES AND APU ON HONEYWELL MSP • ENROLLED ON CAMP Engine HONEYWELL TFE-731-50R-1H #1: 1,626.5 TSN 996 CSN S/N: P122425 #2: 1,626.5 TSN 996 CSN S/N: P122426 APU HONEYWELL GTCP-36-150W. 1249 TSN SERIAL NO.: P-1206. 1319 CSN Avionics COLLINS PRO LINE 21 FGS-3000 FLIGHT GUIDANCE SYSTEM AFD-3010 & 3010E ADAPTIVE FLIGHT DISPLAYS DUAL COLLINS AHC-3000 ATTITUDE HEADING REFERENCE SYSTEM DUAL COLLINS ADC-3000 ADCs DUAL COLLINS FMS-6000 FLIGHT MANAGEMENT SYSTEM DUAL COLLINS GPS-4000 GPS COLLINS RTR-858 WEATHER RADAR W/TURBULENCE DETECTION DUAL COLLINS VHF-4000 COMMS W/8.33 SPACING DUAL COLLINS NAV-4000/NAV 4500 W/FM IMMUNITY
DUAL COLLINS DME-4000 DMEs DUAL COLLINS ADF COLLINS TTR-4000 TCAS II W/CHANGE 7 ACSS TAWS DUAL COLLINS TDR-94D TRANSPONDERS W/ENHANCED FLIGHT SURVEILLANCE COLLINS CSD-714 HF-9000 SELCAL COLLINS ALT-4000 RADAR ALTIMETER SINGLE FILE SERVER AIRCELL AXXESS SATCOM UNIVERSAL CVR-120 COCKPIT VOICE RECORDER ARTEX C-406 ELT DUAL COLLINS DVD PLAYER FOUR (4) LCD MONITORS FORWARD BULKHEAD MONITOR Features/Options RNP5/10 MNPS COMPLIANT RVSM COMPLIANT THRUST REVERSES WINGLETS PRECISE FLIGHT PULSELITE INTERFACED W/TCAS 4000 CAPABILITY CREW JUMP SEAT Interior NINE (9) PASSENGER FIREBLOCKED INTERIOR FEATURING A CREW JUMP SEAT, A FORWARD FULLY EQUIPPED GALLEY. THE FORWARD CABIN OFFERS A FOUR (4) PLACE CLUB ARRANGEMENT WITH PULL-OUT TABLES AND AN AFT THREE (3) PLACE DIVAN OPPOSITE A SIGNLE (1) FORWARD
J.P. Hanley Corporate AirSearch Int'l Inc. Palm Beach, South Florida
Advertising Enquiries see Page 4
www.AvBuyer.com
FACING SIDE CHAIR. ALL SEATING SURFACES ARE COMPLETED IN TAN COLORED LEATHER WITH COORDINATING EARTH TONE CARPETING, MEDIUM COLORED HIGH GLOSS CABINETRY AND BRUSHED NICKEL COLOR PLATING. FORWARD RIGHT AND AFT LEFT MONITORS. AFT AIRLINE STYLE LAVATORY IS BELTED FOR NINTH PASSENGER Exterior UPPER HALF OF FUSELAGE COMPLETED IN WHITE WITH THE LOWER HALF OF FUSELAGE AND ENGINE NACELLES COMPLETED IN BLACK WITH BLACK, RED AND GOLD ACCENTS
Palm Beach Tel: Fax: Cellular: Email: Website:
(561) 433-3510 (561) 433-3842 (561) 289-3355 jp@caijets.com www.caijets.com
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av8jet January.qxp 18/12/2017 16:40 Page 1
S H O W C A S E
2009 Citation CJ2+ Serial Number: Airframe TT: Landings:
525-0458 412.8 412.8
• Immaculate Low Total Time • Maintained by Cessna Agents • No Damage History • Single Crew Certified • TAP Advantage Blue Interior Beautifully appointed beige leather seats. 7+1 passengers in cabin. Original 4-place VIP seating configuration, 2 seats forward facing, right hand side facing seat and a belted toilet. Aft Cabin Sliding Doors Exterior Overall White w/ Blue Taupe Accent Striping Avionics Avionics Package : Collins Pro Line 21
8x10-inch multi-function display Dual flight guidance computers Dual digital air data computers Dual radio tuning unit Electronic Standby Instrument System Safe Flight angle of attack AHRS : Dual Autopilot : 3-axis Communication Radios : Dual CVR : provisions EFIS : Garmin G500 2-tube 8x10-inch FMS : Collins FMS-3000 GPS: Garmin 500 Navigation Radios : Dual Stormscope : Yes TCAS : L3 SkyWatch TCAS-I Transponder : Dual TDR94D Mode S w/enhanced surveillance ADF: Single Collins
Additional Equipment FADEC Engine Controls Lead Acid Battery Dual quick-donning EROS oxygen masks Dual Monorail sunvisors 110-volt AC outlet Aircell ST3100 SATCOM Electronic Charts Maintenance Aircraft on Cescom. Aircraft maintained by Agents Features Garmin GPS500 Lead Acid Battery Side Facing Seat FADEC Engine Controls Asking price: Make Offer Delivery from South Africa can be arranged
2008 Citation Mustang Serial Number: Airframe TT: Landings:
510-0092 1309 1309
• Low Total Time • One Owner Since New • Maintained by Cessna Agents • No Damage History Interior Original 4-place Mustang seating configura-tion with 2executive writing tables Leather and carpet are in a light beige with high gloss Cherrywood finishing Exterior Overall Matterhorn White w/ Gold, Light Red and Dark Red Accent Striping Avionics Garmin G1000: 3 x Tube Advance Avionics System
Engine indicating & Crew Alerting System Dual Garmin Air Data Computers Dual Garmin Attitude Heading Reference Dual Garmin VHF Nav/Com, GPS receivers WAAS Compatible Flight Directors Single Garmin DME Garmin Automatic Flight Control System - Autopilot Dual Garmin Mode S Transponder One Diversity GTX 33D Non-diversity GTX 33 Single Garmin GWX 68 Weather Avoidance Radar Standby Attitude, Airspeed, Altimeter ADF receiver Integrated TAWS-B Additional Equipment TAS Honeywell KTA-870 40 cu, ft Oxygen Bottle
Av8Jet Ltd John Norris Building 617, Bournemouth Intl. Airport, Christchurch, Dorset, BH23 6NE, UK
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Life vest Engine Oil Mobil Jet 254 EASA Certified Maintenance Aircraft on Cescom. Aircraft maintained by Agents since new. Fresh Inspection Doc 13, 14, 16, 17, 18, 21, 22, 34, 35, MD, ME Fresh 450 hour/12 month Engine Check Fresh Pitot Static/Transponder tests Features Fresh maintenance inspections Hangared since new TAWS-B Weather Radar Asking price: $1,395,000 USD Delivery from South Africa can be arranged
Tel: Mob: Fax: Email:
+44 (0)203 588 5000 +44 (0)7730 695049 +44 (0)203 588 5013 John.Norris@av8jet.com Aircraft Index see Page 137
European Aircraft Sales December.qxp_Heeren Cit Ultra sep 18/12/2017 15:22 Page 1
S H O W C A S E
2004 Cessna Citation CJ2 Serial Number: Registration: Airframe TT: Landings:
C525A-0209 OY-UCA 4,177 3,578
This beautiful Cessna Citation CJ2 can be described with three words: Simplicity, economy and Performance. The CJ2’s operating costs are just as low as the original Citation Jet, but it offers a lot more range and a faster cruise speed. The aircraft currently operates on an AOC and if sold within Europe, it can remain on this AOC for charter revenue. Furthermore this aircraft is approved and certified for single pilot operations. Ready for delivery with fresh Doc. 10 and two new main landing gears. Engines Williams Int. FJ44-2C (PN 60500) enrolled under JSSI Premium Maintenance CAMP controlled Maintenance programme Avionics • Collins Proline 21 Avionics System • Third Display (Copilot’s PFD) • Hecto-Pascal/ Inch Switch for Baro Units • FMS Universal UNS-1L interfaced with the ProLine21 system • Portable Data Transfer Unit • Dual Garmin GNS-530A Radio Package with 8,33 KHz comms
• HF Honeywell KHF-950 • SELCAL Collins CSD-10 • XPDR Dual GTX-330D Mode S Diversity • EGPWS Honeywell Mark V • Marker Beacon Bendix/ King KR-67 (Single) • DME Honeywell KN-63 (Single) • ADF Honeywell KR-87 (Single) • ELT Artex C406-2 • TCAS I Goodrich Skywatch HP interfaced with the ProLine21 display system • RADAR TWR-850 Turbulence Radar • RADIO ALT Collins ALT-55B • Safe Flight N1 Computer • CVR L-3 Comms FA-2100 • Voice Annunciator • Devore Tail logo • Precise Flight Pulse light system Other Equipment RVSM EU OPS EASA Steep Approach STC P-RNAV Approval for single UNS-1L EASA 10046793 Aircell ST3100 Satellite Phone System with two handsets (One Flush mounted in cockpit overhead and one flush mounted in LH cabin sidewall) 50 Cu. Ft Oxygen Bottle Marathon Large Nickel Battery 1200W/ 220 VAC Outlet in cockpit and in cabin Optional PSU indirect lightning
Exterior Overall Snow White, with two stripes along the fuselage in Ameri Blue and Bright Poppy ASKING PRICE: USD 2,575,000 (ex.VAT)
European Aircraft Sales Gl Skolevej 26 - DK-6462 Morud Denmark
Advertising Enquiries see Page 4
Interior Aft view of the interior with Pacific Tailoring Seats and in light kahki colors. In the back you see the aft lavatory with fully closable door and belted seat
www.AvBuyer.com
Tel: +45 4016 5401, +45 2043 5287 +44 7771900198 Email: sales@europeanaircraftsales.com www.europeanaircraftsales.com January 2018 – AVBUYER MAGAZINE 123
Mente January.qxp 18/12/2017 15:52 Page 1
S H O W C A S E
2011 Challenger 300
E-mail: info@mentegroup.com Tel: + 1 (214) 351-9595
Serial Number: Airframe TT: Landings:
C406-N w NAV Interface Interior & Entertainment Entertainment / Connectivity: ▪ Aircell ATG-4000 ▪ Datalink (C23-406) ▪ DVD/CD Player ▪ Airshow 4000 with two 20” Monitors ▪ Lufthansa Technik CL-300 NICE System CMS Interior (2010/2017): ▪ 9 Pax, Eight place with double club configuration with executive fold out tables and a Belted Lav ▪ New Carpet (2017) ▪ Aft Lav ▪ Pocket Door between Galley and Cabin ▪ Forward Galley with Microwave and with Two Hot Liquid Dispensers Exterior (2010): ▪ White with Black, Red, and Grey Stripes
20298 3503 2915
• ENGINES, APU AND AIRFRAME ON PROGRAMS • AIRCELL ATG-4000 • NEW CARPET • ONE OWNER • ALL MAJOR MAINTENANCE PERFORMED BY BOMBARDIER APU Honeywell GTCP36-150(BD)▪ Serial Number P-410 Total Time 2,982 Engines ▪ Engines: Honeywell MSP ▪ HTF7000 Left Right ▪ Serial Numbers P118734 P118730
▪ Hours 3,503 3,503 ▪ Cycles 2,915 2,915 ▪ Next Shop Visit (MPI) On-Condition On-Condition ▪ Core Zone Insp (CZI) On-Condition On-Condition ▪ Improved Combustion Liner SB 72-9044 Rev. 3 Avionics ▪ ADC (Air Data Computer) Dual ADC-3000 ▪ CVR (Cockpit Voice Recorder) Single L3 Technologies FA2100 CVR ▪ Data Loader Single Collins DBU-5000 ▪ DME (Distance Measuring Equipment) Dual Collins DME-4000 ▪ EFIS (Electronic Flight Instrument System) 4 LCD Collins Pro-Line 21 w Dual IFIS ▪ EGPWS (Enhanced Ground Proximity Warning System) w Windshear and Terrain Display Single Honeywell TAS-5000, Mark V w/ RAAS ▪ ELT (Emergency Locator Transmitter) Single Artex
2009 Cessna Citation CJ3
E-mail: info@mentegroup.com Tel: + 1 (214) 351-9595
Serial Number: Reistration: Airframe TT: Landings:
Collins Pro-Line 21 ▪ EGPWS (Enhanced Ground Proximity Warning System) Single Honeywell Mark V Enhanced w Steep Approach ▪ ELT (Emergency Locator Transmitter) Single Artex C406-N 406 mhz w NAV Interface ▪ Flight Data Recorder (FDR) Single L3 Technologies FA2100 ▪ FMS (Flight Management System) Dual Collins FMC-3000 ▪ GPS Dual Collins GPS-4000S w/ WAAS / LPV ▪ NAV (Navigation Radio) Dual Collins NAV-4000 / NAV-4500 Interior 2015: Interior done by West Star. 6 Pax plus Belted Lav. Seats in Neutral Tan Leather. Extended RH Refreshment Center with one Hot Liquid Dispenser. Executive Fold Out Tables
320 N321SD 3726.7 2263
• 2015 PAINT AND INTERIOR BY WEST STAR • PROGRAMS: TAP ELITE AND PROPARTS • AVIATOR 200 - INMARSAT SWIFT BROADBAND • TRUE NORTH DATA LINK UNIT (IRIDIUM) • FLIGHT DATA RECORDER • SATCOM DIRECT ROUTER • 2ND FMS UPGRADED TO COLLINS UNIT • CESSNA MAINTAINED Airframe Maintenance Tracking Cescom ▪ Certification Part 91
Engine Engines: TAP Elite ▪ Williams FJ44-3A Left Right ▪ Serial Numbers 141669 141668 ▪ Hours 3,557 Hrs 3,549 Hrs ▪ Cycles 2,169 Cy 2,164 Cy Avionics & Connectivity A/P (Autopilot) Single Collins Pro-Line 21 ▪ ADC (Air Data Computer) Dual Collins ADC-3000 ▪ AHRS (Attitude Heading Reference System) Dual Collins AHC-3000 ▪ CVR (Cockpit Voice Recorder) Single L3 Technologies FA2100 ▪ Data Loader, USB Single Collins DBU-5000 ▪ DME (Distance Measuring Equipment) Dual Collins DME-4000 ▪ EFIS (Electronic Flight Instrument System) 3 LCD
Mente Group, LLC 15301 North Dallas Parkway, Suite 1010 Addison, TX 75001
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Tel: +1 214 351 9595 www.mentegroup.com
Aircraft Index see Page 137
Empyrean Aircraft Hawker 850XP September.qxp_Empyrean 18/12/2017 15:23 Page 1
S H O W C A S E
Asking price reduced to US$2,850,000
2006 Hawker 850XP Serial Number: Registration: Airframe TT: Landings:
258792 OD-LEA 4,184 1,853
Hawker 850XP Serial Number 258792, is the latest in the line of aircraft to be bought and sold by Empyrean Aircraft Consulting Ltd for the current Owner. The aircraft is equipped with High Speed Internet and is fresh from engine Core Zone Inspections. The aircraft is aggressively priced and now awaits a new home Engines on MSP Gold APU enrolled on MSP Gold. Enrolled on CAMP. Fully EASA compliant. Engines Honeywell TFE731-5BR APU Honeywell GTCP-36-150(W). Total Time: 3,822 Hours Avionics EFIS Four-Tube Collins Pro Line 21 FMS Dual Collins FMS-6000 GPS Dual Collins GPS-4000A NAV Dual Collins NAV-4000/4500 RMI Dual Displayed in PFD’s DME Dual Collins DME-442 ADF Single Collins ADF-462
A/P Dual Collins FGC-3000 VHF COM Dual Collins VHF-4000 HF COM Single Collins HF-9000 w/ Selcal RADAR Single Collins TWR-850 w/ Turbulence Detection RADAR ALT Single Collins ALT-4000 XPNDR Dual Collins TDR-94D w/ Enhanced Surveillance EGPWS Warning System) Single Honeywell Mark V w/ Windshear TCAS Single Collins TCAS-4000 CVR Single Universal CVR-120 FDR Single SSFDR Additional & Entertainment Inside Paperless Cockpit FSU-5010 File Server Unit Precise Flight Pulselite w/ TCAS Interface ELT (Emergency Locator Transmitter) Artex C406-2 Long Range Oxygen High Speed Internet Aviator 200 Single Channel SwiftBroadband w/Wifi In Flight Phone AirCell ST-3100 Iridium Phone w/ Cordless Handsets Display: TV Monitor(s) Two 15” Cabin Monitors Airshow System Airshow 410 w/ Airshow Briefer System Cabin Audio / Video System w / Dual DVD Cabin Layout Eight place interior. Forward four individual club chairs. Aft Cabin Side facing three place divan opposite a single club chair
Empyrean Aircraft Consulting Ltd Contact: Andrew Butler
Advertising Enquiries see Page 4
www.AvBuyer.com
Tel: +34 965 88 99 60 Cell: +44 7880 717362 Email: ajb@empyreanaircraft.com www.empyreanaircraft.com January 2018 – AVBUYER MAGAZINE
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Florida Jet Falcon 50 January.qxp 19/12/2017 12:52 Page 1
S H O W C A S E
1989 Dassault Falcon 50 Serial Number: Registration: Airframe TT: Landings:
196 N566L 7,300 6,472
• 3D Engines on MSP Gold • Aircell Axxess Iridium Phone System • EMS High Speed Data 4 Channel Satcom System • EMS Wireless Network System • Airshow 4000 • XM Weather Provisions • Honeywell Cabin Management and Entertainment System • Impeccable Records and Maintenance History Engines 3D Engines: TFE 731-3D-1C W/DEEC All Engines Enrolled on MSP GOLD APU Garrett GCTP 36-100 S/N P310 TT 3781 Hours / 1364 Hours SHSI Avionics & Connectivity Collins APS 85 Autopilot Collins EFIS 86 System 5 Tube Dual UNS 1K Plus Collins TCAS II W/ Change 7 W/ FLT EH ID Dual Collins RTU 4200 Series Radio Tuning Units Honeywell MK V EHGPWS XM Weather Provisions For Cockpit
Dual Honeywell KHF950 Systems Collins TWR 850 Weather Radar With Dual Control Dual Collins VHF 22C Comms 8.33 Spacing Dual VIR 32 NAVS FM Immunity Dual ADF 60A ADF Dual Collins DME 42 Dual AHC 85 AHRS Global AFIS System With Satcom Unit Honeywell Lasertrak ins With CDI Collins ALT 55B Radar Altimeter ARTEX 406 ELT W / NAV Interface Fredrickson Selcal Unit Fairchild A100A CVR Fairchild F100FDR RVSM Compliant Interior & Entertainment By Standard Aero, Springfield, IL This Absolutely Gorgeous and Meticulously Maintained Falcon 50 SN 196 Has a Designer Inspired Interior in Earth Tone Colors and a Custom Paint Scheme. Custom Fabrics, Supple Beige Leather Upholstered Chairs, and Dark High Gloss Cabinetry Compliment the 9 Passenger Executive Interior Exterior By Standard Aero, Springfield, IL Overall – Matterhorn White Trim – Red Baron, Black Devore Recognition Lights (Upper & Lower)
Call for Price / All Trades Considered Florida Jet Sales, Inc. 1516 Perimeter Road, Suite 201 Palm Beach International Airport West Palm Beach, FL 33406
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Tel: +1 (561) 615-8231 Fax: +1 (561) 615-8232 Email: info@flajet.com www.FlaJet.com Aircraft Index see Page 137
Horizon Aircraft January.qxp_Empyrean 20/12/2017 09:54 Page 1
S H O W C A S E
2015 Cessna Citation CJ4 Serial Number: Registration: Airframe TT: Landings:
0203 N759R 164 95
• Very Low Time, One-Owner • Engines on TAP Blue • Airframe on ProParts & ProTech • ATG-4000 Gogo Biz Wi-Fi • $340,000 Additional Equipment • EASA Compliant w/ FDR • ADS-B Out Compliant • Turnkey Charter Mgmt. Available • Forward divan - 8 VIP Belted Seats Plus One Belted Lav • Part 91 Use Only • Always Hangared Engines NO 1 ENGINE Williams FJ44-4A (S/N: 211419) TSN: 164 TBO: 5,000 Program: Williams TAP Blue NO 2 ENGINE Williams FJ44-4A (S/N: 211418) TSN: 164 TBO: 5,000 Program: Williams TAP Blue Avionics & Radio Rockwell Collins Pro Line 21 CNS Radios • Dual Collins COM, NAV • Dual Collins FMS-3000 w/ GPS
• Dual GPS-4000S WAAS Enabled • Collins DME • Collins TDR-94D Mode S Transponder (Enhanced) • Collins HF-9000 w/ SELCAL (Provisions Only) • Collins TSS-4100 Traffic Surveillance System • Collins Multi-Scan RTA-4112 Weather Radar • Collins Data Link • Artex C406-N ELT • L-3 FA2100 Cockpit Voice Recorder • L-3 FA2100 Flight Data Recorder • XM Broadcast Weather • Honeywell Mark VIII EGPWS Connectivity & Entertainment • ATG-4000 Gogo Biz Wi-Fi Exterior & Interior • 2015 Paint & Interior • Belted Lav • 10 Passenger Configuration Additional Features • EASA OPS Certified • ADS-B Out Compliant • L-3 FA2100 Flight Data Recorder • Second FMS-3000 • Collins HF-9000 w/ SELCAL (Provisions Only) • Collins Data Link • Passenger Seat Swivel Major Inspection Status • All Inspections Current +1 (877) 407-8507 www.horizonairgroup.com
+1 (281) 389-6117 info@horizonaircraftsales.com
Advertising Enquiries see Page 4
www.AvBuyer.com
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C-Air Transport Services Ltd December.qxp_Empyrean 18/12/2017 15:48 Page 1
S H O W C A S E
1999 Airbus ACJ 319 Serial Number: Airframe TT: Landings:
910 6640 2464
• One meticulous owner since new • Maintained and updated to the highest standard • Full cabin refurbishment in 2010 • 27 passengers interior • Forward stateroom • Extensive Entry Into Service (EIS) support package available with purchase • For more information and photos visit www.msn910.com Engines IAE V2527M-A5 Hours since new: 6640 Cycles since new: 2464 APU APIC 3200 Hours since new: 5624 Cycles since new: 3573 Cabin • Forward State Room with two beds and private washroom • Forward mid-section office vestibule with two single seats (RH) • Three seat divan opposite office vestibule (LH) • Mid-section club four dining (LH) • Mid-section three seat divan opposite club four
dining (RH) • Aft mid-section club four dining (RH) • Aft mid-section three seat divan opposite club four dining (LH) • Aft section eight premium economy seats • Two galleys (one forward, one aft) featuring Tia Wavejet ovens and Nespresso Coffee machines • Three lavatories (one in State Room, one mid-section and one aft) • Separate forward crew lavatory • Custom Concept Controls (CCC) Cabin Management and Entertainment System • Rockwell Collins Airshow 4000 • SBB Satcom – for cabin internet and includes Aero H for flight deck safety services • Sat-phone System • Onboard Mobile Telephone System Avionics The aircraft’s original EFIS/ECAM CRT displays and DMC computers were replaced with the Thales EIS2 (Electronic Instrument System 2) composed of 6 large active matrix Liquid Crystal Display (LCD) Units and 3 Display Management Computers (DMC) in 2006. • FlySmart with Airbus EFBs • Compliances: ADS-B Out / FANS B+ / CPDLC / RNP 0.1 / TCAS 7.1 • Integrated Standby Instrument System The aircraft currently has Head Of State livery so will need to be repainted
Daniel Kunz C-Air Transport Services Ltd c/o Resource Consulting AG, Turmstrasse 30, 6300 Zug, Switzerland
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Tel: +41-79-295-3741 Email: daniel.kunz@c-air-tsl.com www.c-air-tsl.com
Aircraft Index see Page 137
Asian Sky Gulfstream G550 January.qxp 20/12/2017 09:55 Page 1
S H O W C A S E
Asking Price: 32.5M USD 2013 Gulfstream G550 Serial Number: Airframe TT: Landings:
5398 2,276 385
· 14 Passenger Configuration · Forward Galley & Crew Rest · Engines on Rolls-Royce CorporateCare · APU Enrolled MSP Gold · Airframe Enrolled on PlaneParts · CPDLC and ADS-B Out · BBML Internet & Satellite TV · Synthetic Vision System · No Damage History Engines / APU Engines Model: Rolls Royce Tay Engines BR 710C4-11 · Each Engines Total Hours: 2,276 Since New · Each Engines Total Cycles: 385 Since New
· Micro Quick Access Recorder · XM Weather Radar Interior & Entertainment · 14 Passengers Configuration · Forward Galley & Crew Rest Area · Aft Lavatory · Fwd Cabin: Four Opposite Facing Single Seats · Mid Cabin: Conference/Club Seating & Credenza · Aft Cabin: 3 Place Divan with Two Opposite Facing Single Seats Exterior 14 Passengers Configuration
Savannah Standard PPI Completed by Seller
APU APU Total Hours: 917 Since New Avionics & Connectivity · Gulfstream PlaneView Avionics Suite · Emergency Vision Assurance System · Synthetic Vision-Primary Flight Display Version 2.0 · PlaneVlew Navigation · Runway Awareness Advisory System · Honeywell LSZ-860 Lightning Detector System · Category II Annunciation Activation
Asian Sky Group Suite 3905, Far East Finance Centre 16 Harcourt Road Admiralty, Hong Kong Advertising Enquiries see Page 4
www.AvBuyer.com
Tel: +852 2235 9222 Fax: +852 2528 2766 Email: sales@asianskygroup.com www.asianskygroup.com January 2018 – AVBUYER MAGAZINE
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www.AVBUYER.com
Aircraft Index see Page 137
2018 NBAA REGIONAL FORUMS
West Palm Beach, FL Wednesday, Jan. 24
White Plains, NY Thursday, June 21
San Jose, CA Thursday, Sept. 6
NBAA’s Regional Forums bring together local business aircraft owners, operators, manufacturers and other aviation professionals for a one-day event at some of the most accessible business aviation airports in the nation. As an attendee you can visit with exhibitors, view business aircraft side-by-side on static display and take part in education sessions throughout the day. Visit the website to learn more and register.
REGISTER TODAY: www.nbaa.org/forums
New York’s only exclusive jet-set lifestyle event
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Explore a world of luxury 25 + Experiences. 100 Brands. 1 Location HOST VENUE
www.theeliteevents.com
MEDIA PARTNER
P133.qxp 21/12/2017 12:51 Page 1
LEKTRO
Since 1945
The Ultimate Aircraft Tug
Models ranging
15,000 to 280,000 lbs.
Electric Towbarless Certified Easy to Use Universal Rugged Simple to Maintain www.
LEKTRO .com
1-800-535-8767 1-503-861-2288 sales@lektro.com
$1510
Advertising Enquiries see Page 4
$1960
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
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Marketplace Citation X
Capital Jet Group, Inc Price:
$6,395,000 USD
Year:
2008
S/N:
287
Reg:
XA-RSA
TTAF:
3249
Tel: +1 (703) 917 9000 E-mail: sales@capitaljetgroup.com
Winglets for better DOC’s, range, speed & climb performance. Primus Elite five LCD Cockpit upgrade, featuring dual WAAS/LPV FMS 6.1, RAAS, TCAS 2000, XM-WX, dual Laseref IV, dual HF, & FDR. Fresh inspection package Citation Service Center-ICT, RR CorporateCare, APU MSP, Pro Parts, MSG-3. Late S/N delivered with split bus mod, aileron regearing, 5% higher TO thrust, higher gross weight, and updated crew and cabin seats. Top corporate operator. No damage history
Location: USA
Bombardier Global 5000
Tel: +971 502 285 050 E-mail: nick@aircrafttrading.com
Nick McHaffey Price: Year:
2009
S/N:
TBA
Reg:
TBA
TTAF:
2,342
• Off Market • Priced To Sell • EASA Certiifed
Location: Turkey
LET L-410
Ivan Macko Price:
Please Call
Year:
1983
S/N:
83138
Reg:
OM-HFP
TTAF:
6021:24
Location: Czech Republic
Piper JetProp
Alexander Pichler Price:
$1,095,000 USD
Year:
2003
S/N:
4636345
Reg:
D-EUVH
TTAF:
1875
Location: Austria
Beech King C90B XP
Augsburg Air Service Price: Year:
1992
Tel: +421 948 129 936 E-mail: ivan.macko1@gmail.com Ready for immediate commencement of operations. Perfect condition. Detailed information any time on: 00421 948 129 936 SkyDive modification- 18 seats. VIP seating 4+1. Commuter cabin 15 seats. Cargo version ready for installation. Airframe: Total Airframe Landings Since New: 9066. R2: 26/9/2012. MTOW 5700kg. Engine No1: Ser. No.: 832034. YOM 1984. TTSN 1872 hrs. TTSO 375 hrs. Cycles since new: 2143. Cycles since overhaul: 543. Overhaul: 30/5/2013. Engine No2: Ser. No.: 843002. YOM 1984. TTSN 3961 hrs. TTSO 0 hrs. Cycles since new: 4771. Cycles since overhaul: 0. Overhaul: 18/10/2016
Tel: +49 (0) 162 423 5607 E-mail: a.pichler@gmx.com 2003 German registered Piper Jetprop DLX in pristine condition Total time of 1875h and 1555h on strong PT6A-35 engine 5 blade MT propeller with only 200h SNEW in 04/2016 Converted 2006 with 320h total time, conversion 176 Avionics upgrade 02/2016 (G500/GTN750/650/KMH820/ESI2000 etc.). No airway fees with MTOW 1972kg/4340Ibs Owner pilot, flown from no other pilot Annual inspection from 07/2017 and no damage history Turnkey solution, available immediately Excl. VAT
Tel: +49 (0) 171-210 20 37 E-mail: sales@aas-augsburg.de EASA-Reg, Engine TT 1000 hrs, APS-65/EFIS-84, Avidyne EX-500 MFD, GPS-400, NAV (Annex 10), 2x Mode-S, WX-950 & more, fully refurbished, Blackhawk Mod (PT6A-135A Engines) - top deal!
S/N: Reg: TTAF:
3.450
Location: Austria
134
AVBUYER MAGAZINE – January 2018
www.AVBUYER.com
Aircraft Index see Page 137
P134-135.qxp 21/12/2017 10:22 Page 2
Marketplace Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com
Leonard Hudson Drilling
Hawker 800A
Price:
Offer/trade
Year:
1995
S/N:
Not listed
Reg:
N337WR
TTAF:
7,803
Location: TX, USA
Exceptional 1995 Hawker 800A, N337WR, full true world 2600 nm range. Will consider trades for Citation CJ1, CJ2 or Bell 212, 412 or 407. Cycles: 4676. Engines: TFE 731-5R-1H Dee Howard Thrust Reversers enrolled on MSP Gold. APU: Sundstrand T-62T40C8D1 Hours: 3807 Cycles: 5902. Avionics: Honeywell Primus II. Autopilot: Honeywell DFZ 800. Flight Management System: Dual NZ-2000 w/5.2 software. Air Data System: Dual Honeywell ADZ-810. Int/Ext: Eight place fire blocked interior finished in beige leather last done 4/2002. Forward galley and aft closet. Lavatory vanity has LED Lights installed.
Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com
Leonard Hudson Drilling
Bombardier Learjet 36A
Price:
Offer/Trade
Year:
1977
S/N:
36A-030
Reg:
N160GC
TTAF:
15,600
Learjet 36A, Long range capability, as configured 2,400 nautical miles. Can be upgraded to 2,600 mile range. Recent paint and interior, RVSM. Competitively priced at US $1,375,000, may take trade on a King Air or a helicopter
Location: USA
Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com
Leonard Hudson Drilling
BELL 412EMS
Price:
Offer
Year:
1981
S/N:
33017
Reg:
N554AL
TTAF:
15265
Full EMS Medical 4 patient and 4 attendant interior. Recent ‘no expense spared’ airframe refurbishment at Acro Helipro within the last 100 hours. Both engines are fresh Pratt and Whitney overhauled. Immediate delivery, Meticulous records. Current with medical interior and 13 passenger utility interior are included, aircraft is ‘turn-key’ will provide Fresh annual /Export C of A
Location: USA
Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com
Leonard Hudson Drilling
BELL 212 (Five Available)
Price:
Please Call
Year:
1991-1996
S/N:
Call for details
Reg:
Call for details
TTAF:
Call for details
Five, Late Model, Bell 212s In 'Off Shore’. Available for immediate use. Asking $3.1M to $3.6M USD. Serial numbers: 35034, 35048, 35060, 35088 and 35096
Location: USA
Alberth Air Parts
+1 832 934 0055
Par Avion Ltd
Spare Parts
FALCONS • HAWKERS • LEARS
•BUY •SELL •TRADE
www.paravionltd.com
CESSNA LEARJET HAWKER WESTWIND FALCON GULFSTREAM
www.alberthaviation.com
SALES • ACQUISITIONS • CONSULTING
Fax: +1 832 934 0011 Advertising Enquiries see Page 4
www.AVBUYER.com
January 2018 – AVBUYER MAGAZINE
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Advertiser’s Index 1st Source Bank...................................................65 21st Century Jet Corporation .........................138 ABACE.................................................................111 Aircraft Finance Corporation................................9 AMJET Aviation .......................................114 - 115 Aradian Aviation....................................................91 Asian Sky Group ........................................49, 129 Av8Jet...................................................................122 Avjet Global ..................................................50 - 51 Avpro ..............................................................12 - 15 Boutsen Aviation...................................................73 CAAP....................................................................120 C-Air Transport ...................................................128 CAI ........................................................................121 Central Business Jets .......................................139 Conklin & de Decker .........................................107 Corporate Angels ..............................................133 Corporate Concepts ...........................................21 Dassault Falcon Jet ........................................2 - 3, Duncan Aviation...........................................40 - 41 Eagle Aviation........................................................53 Engine Assurance Program ...............................97 Elliott Jets .....................................................34 - 35 Empyrean Aircraft Consulting .........................125 European Aircraft Sales ...................................123 FlightForce ..........................................................130 Florida Jet Sales.................................................126 Freestream.............................................................39 General Aviation Services ..................................63 Global Jet Capital.................................................11 Global Jet Monaco .......................................... 5 - 8 Groupe ADP..........................................................29 Hatt & Associates.................................................25 HeliExpo UK........................................................109 Horizon Air Group..............................................127 IAG...........................................................................57 JetBrokers......................................................46 - 47 Jetcraft Corporation ...........................26 - 27, 140 Jeteffect .........................................................60 - 61 Jet Sense Aviation ..................................118 - 119 LBAS .......................................................................77 Lektro....................................................................133 Mente Group ......................................................124 NBAA Forum.......................................................131 OGARAJETS................................................30 - 31 Par Avion ................................................................77 Rolls-Royce .........................................................103 San Marino Aircraft Registry ................1, 54 - 55 Singapore Airshow............................................115 Southern Cross Aviation.....................................95 Sparfell & Partners ......................................22 - 23 Survival Products...............................................133 The Elite NY ........................................................132 The Jet Business..........................................18 - 19 The Registry of Aruba..........................................69 VREF ....................................................................133 Wright Brothers Aircraft Title.............................83
136
AVBUYER MAGAZINE – January 2018
The BEST Aircraft For Sale Search anywhere, everywhere on pc, smartphone and tablet.
ONLINE l PRINT l BROADCAST l EVENTS
Copy date for the February 2018 Issue Wednesday 17 January
AvBuyer (USPS 014-911), January 2018, Vol 22 Issue No 1 is published monthly by AvBuyer Ltd, 1210 West 11th Street, Wichita, KS 672033517 and has a targeted circulation to decision makers within business and corporate aviation throughout the world. It is also available on Annual Subscription @ UK £40 and USA $65. POSTMASTER: Send address changes to: AvBuyer Magazine 1210 West 11th Street, Wichita, KS 67203-3517. Postage is paid at Wichita, KS and additional mailing offices © Copyright of AvBuyer Ltd. Every effort is made to ensure the accuracy of material published in AvBuyer Magazine. However, the publishers cannot accept responsibility for claims made by manufacturers, advertisers or contributors. The views expressed are not necessarily those of the Editor or the publishers. Although all reasonable care is taken of all material, photographs, CD & DVDs submitted, the publishers cannot accept any responsibility for damage or loss. All rights reserved. No part of AvBuyer Magazine - Advertising, Design or Editorial - may be reproduced, stored in a retrieval system, or transmitted in any other form, or by any other means, electronic, mechanical, photographic, recording or otherwise, without prior written permission of the publishers.
www.AVBUYER.com
Aircraft Index see Page 137
P137.qxp 21/12/2017 12:49 Page 1
Aircraft For Sale • AIRCRAFT • HELICOPTERS
AIRCRAFT
PAGE
AIRBUS A318 Elite+ . . . . 5 ACJ318-ER . . . . 19 ACJ318-112 . . . . 39 ACJ319 . . . . . . . . 128 ACJ380-800 . . . . 22
BAE AVRO RJ70. . . . . 46
BOEING/MCDONNELL DOUGLAS BBJ . . . . . . . . . . . 26, 51, 73 727-200 VIP . . . . 21 737-700 . . . . . . . 22 747-8 . . . . . . . . . . 22 787-9. . . . . . . . . . 26 DC8 VIP/72 . . . . 21
BOMBARDIER Global 5000 . . . . 12, 26, 77, 134 Global 6000 . . . . 5, 6, 22, 26, 27, 50, . . . . . . . . . . . . . . . 140 Global 7000 . . . . 5 Global Express . 8, 12, 95 Global Express XRS. . 5, 27, 39, 49, . . . . . . . . . . . . . . . 114, 140
Challenger 300 . . . . . . . . . . . 13, 26, 27, 41, 124, . . . . . . . . . . . . . . . 139, 140 601-1A . . . . . . . . 13 601-3AR . . . . . . . 27, 140 601-3R . . . . . . . . 27, 140 604 . . . . . . . . . . . 26, 27, 41, 60, 73, . . . . . . . . . . . . . . . 139, 140 605 . . . . . . . . . . . 13, 26, 27, 91, 140 850 . . . . . . . . . . . 140
Learjet 31A . . . . . . . . . . . 46, 47, 60 35A . . . . . . . . . . . 46 36A . . . . . . . . . . . 135 40XR . . . . . . . . . . 27, 60 45 . . . . . . . . . . . . 60, 77 45XR . . . . . . . . . . 95 55 . . . . . . . . . . . . 46 60 . . . . . . . . . . . . 14, 95 60XR . . . . . . . . . . 13, 18 75. . . . . . . . . . . . . 57, 140
CESSNA Citation I . . . . . . . . . . . . . . 23 II . . . . . . . . . . . . . 27, 41 III . . . . . . . . . . . . . 30, 47, 115
AIRCRAFT
PAGE
AIRCRAFT
V. . . . . . . . . . . . . . 46, 73 VI . . . . . . . . . . . . . 27, 47 VII . . . . . . . . . . . . 139 X . . . . . . . . . . . . . 11, 60, 134 XLS . . . . . . . . . . . 11, 61, 91 XLS+ . . . . . . . . . . 11, 27 CJ1. . . . . . . . . . . . . 53, 61 CJ2. . . . . . . . . . . . . 23, 73, 123 CJ2+ . . . . . . . . . . . 122 CJ3. . . . . . . . . . . . 122 CJ4. . . . . . . . . . . . 27, 127, 140 Bravo . . . . . . . . . 61 Grand Caravan EX . .25, 47 Excel . . . . . . . . . . 41, 53, 91 Encore . . . . . . . . 14, 61, 118 Encore+ . . . . . . . 115 Jet . . . . . . . . . . . . . 53 182Q. . . . . . . . . . . 53 Latitude . . . . . . . 53 P210 . . . . . . . . . . 47 M2 . . . . . . . . . . . . 61 Mustang. . . . . . . . 122 Sovereign. . . . . . 14, 30, 35, 61, 91, . . . . . . . . . . . . . . . 139, 140
CIRRUS SR22T. . . . . . . . . 46
DAHER SOCATA
PAGE
2000LX . . . . . . . . 51, 77 2000LXS. . . . . . . 139 2000S . . . . . . . . . 12
EMBRAER Legacy 500 . . . . 18, 21 Legacy 600 . . . . 22 Legacy 650 . . . . 18, 27, 140 Lineage 1000 . . 5, 11 Phenom 100 . . . 40 Phenom 300 . . . 23, 115
GULFSTREAM III . . . . . . . . . . . . . 63 IV . . . . . . . . . . . . . 27, 140 IVSP . . . . . . . . . . 12, 57, 73, 91, V. . . . . . . . . . . . . . 11, 12, 21, 30, 39, . . . . . . . . . . . . . . . 51 100 . . . . . . . . . . . 91 150 . . . . . . . . . . . 27, 47, 51, 91, 140 200 . . . . . . . . . . . 11, 12, 30, 40, 47, . . . . . . . . . . . . . . . 91 450 . . . . . . . . . . . 5, 19, 30, 49, 91, . . . . . . . . . . . . . . . 120, 140 500 . . . . . . . . . . . 91 550 . . . . . . . . . . . 12, 27, 49, 73, 91, . . . . . . . . . . . . . . . 129 650 . . . . . . . . . . . 19, 30, 49, 60, 114 650ER. . . . . . . . . 19, 51 Astra SP . . . . . . . 46
TBM910/930 . . . 35
HAWKER BEECHCRAFT DASSAULT FALCON
King Air
7X . . . . . . . . . . . . 3, 5, 7, 19, 27, 41, 73, . . . . . . . . . . . . . . . 95, 130, 138, 139, . . . . . . . . . . . . . . . 140 20C-5 . . . . . . . . . 46 20F-BR . . . . . . . . 115 50 . . . . . . . . . . . . 115, 119, 126, 138 50EX . . . . . . . . . . 13, 63, 138 200 . . . . . . . . . . . 23 900 . . . . . . . . . . . 138 900B . . . . . . . . . . 21, 46, 138 900C . . . . . . . . . . 138, 139 900DX. . . . . . . . . 13, 27, 140 900DX EASy . . . 23 900EX . . . . . . . . . 23, 138 900EX EASy . . . 3, 13, 21, 138, . . . . . . . . . . . . . . . 139 900LX . . . . . . . . . 3, 13, 27, 138, 140 2000 . . . . . . . . . . 39, 57, 73 2000DX. . . . . . . . 139 2000EX EASy . . 3, 18
200 . . . . . . . . . . . 46 250 . . . . . . . . . . . 35 350 . . . . . . . . . . . 25, 46, 91 B200 . . . . . . . . . . 73, 91 C90 . . . . . . . . . . . 46, 91 C90A . . . . . . . . . . 73 C90B. . . . . . . . . . 134 F90 . . . . . . . . . . . 35, 53
AIRCRAFT
PAGE
LET L-410. . . . . . . . . . 134
PIAGGIO Avanti II . . . . . . . 61 Avanti P180 . . . . 61
PIPER Cheyenne II . . . . 73 Cheyenne III . . . 46 JetProp . . . . . . . . 134
SABRELINER 65 . . . . . . . . . . . . 47
HELICOPTERS AGUSTAWESTLAND AW109E Power .14 AW139 . . . . . . . . 23 Koala. . . . . . . . . . 91
BELL 212 . . . . . . . . . . . 135 412 SP . . . . . . . . 49 412 EMS . . . . . . 135 430 . . . . . . . . . . . 51
EUROCOPTER/AIRBUS AS350 B3E . . . . 91 EC 120 B . . . . . . 21, 95 EC 130 T2 . . . . . 91 EC 135 T2 . . . . . 14 EC 135 T2+ . . . . 14 EC 135 P2 . . . . . 49 EC 135 P2+ . . . . 14 EC 155 B . . . . . . 23
MD Douglas 902 . . . 95
Beechcraft
ROBINSON
Premier IA . . . . . 41
R44 . . . . . . . . . . . 21
Hawker 400XP . . . . . . . . . 11, 25, 35, 91 800A . . . . . . . . . . 63, 135 800SP. . . . . . . . . 46 800XP . . . . . . . . . 30, 60, 63, 91, 95 850XP. . . . . . . . . 35, 41, 91, 125 900XP . . . . . . . . . 25, 91, 121 1000A . . . . . . . . . 95 1000B . . . . . . . . . 13
SIKORSKY S-76C+ . . . . . . . . 14, 27, 49, 140 S-92A . . . . . . . . . 14
The best aircraft for sale search anywhere, everywhere - on pc, smartphone and tablet
Advertising Enquiries see Page 4
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137
21st Century May.qxp 27/04/2017 08:45 Page 1
Tri-Jets have earned a stellar reputation among owners and operators and usually command higher resale values than the competition. With efficient space management the Falcon 900 aircraft have a larger passenger seating area than the Gulfstream IV. These Tri-Jets weigh 15 tons less and are 22 feet shorter, providing a more beneficial ramp presence. The 900EX can speed across the Atlantic with all seats full at 0.84 IMN; and has 300 NM greater range than the Gulfstream IV-SP. Furthermore, the 900EX can fly from London to Kansas City, Buenos Aires to New Orleans and Anchorage to Seoul at 0.75 IMN with eight passengers and NBAA IFR reserves. The Falcon 900LX pictured above is considerably more capable than the Falcon 900EX. Revolutionary and the world's first purpose built fly-by-wire (FBW) business jet, the Falcon 7X capitalizes on Mach 2 technology. Evolving from the remarkable success of the 7X; The Falcon 8X has a longer cabin with 30 unique interior layout configurations to choose from, superb fuel efficiency and a range of 6,450 nm.
AVAILABLE: FALCON 900B
If you are considering the sale or acquisition of your business jet, call 21st Century Jet Corporation today for details before making a decision.
DISTINCTIVE BUSINESS JET SALES & ACQUISITIONS. INCORPORATED IN 1989 TEL: 1.775.833.3223
INTERNET: WWW.TRI-JETS.COM
E-MAIL: sales@tri-jets.com
CBJ November.qxp_CBJ November06 25/10/2017 16:19 Page 1
General Offices
Mexico office
Minneapolis / St. Paul
TEL: 52.55.5211.1505
TEL: (952) 894-8559
CELL: 52.55.3901.1055
FAX: (952) 894-8569
E-MAIL: Enrique@CBJets.com
EMAIL: INFO@CBJETS.COM
2009 FALCON 7X SN 041
2015 FALCON 2000LXS SN 293
Single Owner, “C” Check/Paint/Refurbished Interior by Duncan October 2017, Preferred Interior with NO Crew Rest and Dual Aft Divans
Single U.S. Owner, Nearly $3 Mio in Options, Preferred 10 Pax Interior
2002 FALCON 900C SN 194
2008 FALCON 2000DX SN 603
Single Owner, Recent “C” Paint/Interior By Dassault Wilmington, Preferred Fwd Crew Lav and Dual Aft Divan Configuration
3,000 Hours since new, Pratt and Whitney ESP Gold; Honeywell HAPP and MSP, Falcon Service Center “C” check in 2014, 10 Pax Interior with Wifi
D L SO 2010 CITATION SOVEREIGN SN 296
1997 CITATION VII SN 7064
Single Owner, Doc 8 and Doc 10 Completed July 2016 By Citation Milwaukee, WiFi/LED Lights/Airshow 4000 etc…
3 Corporate Owners Since New, Cessna Citation Pro-Parts, Honeywell MSP Gold, Preferred 8 Place interior
OFF MARKET 2008 CHALLENGER 300 Recent Paint/Interior/96 Month Inspection, Preferred 9 Place Interior with Galley/Cabin Divider Door
1998 CHALLENGER 604 SN 5373 GE OnPoint and Honeywell MSP Gold, Triple IRS, 192 Mo Completed August 2015
www.cbjets.com ALSO AVAILABLE: Falcon 900EXy SN238 (Lease Only)
This being the aviation industry, you’d think more companies would share our
51,000
The smoothest connection to your next aircraft.
2014 BOMBARDIER
foot view. LEARJET 75 S/N
45-457
Up here, the air and the competition are rare. Our birds-eye view of the • 1,049 Hours; 774 Landings • 9 Passenger Configuration
aircraft brokerage market comes from our•unmatched combination of XM Satellite Weather nearly 50 years’ experience and a large, global network of partners and
customers. That means you have more buy, sell and trade options. put a tailwind on your transaction. Call us and see. You’ll love the view. 2008 CESSNA
www.jetcraft.com I info@jetcraft.com I Headquarters 919-941-8400 CITATION +1 SOVEREIGN S/N
680-0250
• 2,072 Hours; 1,237 Cycles • Fully Programmed • Like New Cabin Interior Condition
2009 BOMBARDIER CHALLENGER 605 S/N 5726
2008 GULFSTREAM G450 S/N 4103
• 3,812 Hours; 1,347 Cycles • Fully Programmed • Enhanced NAV with ADS-B & CPDLC
• 2,672 Hours; 1,156 Cycles • Engines & APU on Programs • RVSM Certification, TCAS 7.1
Rendering
ALSO AVAI L ABLE
• 1,322 Hours; 651 Landings • Airframe & Engines Programmed •9 6 Month Completed October 2017
2017 BOMBARDIER GLOBAL 6000 S/N 9708 1998 Beechjet 400A • 153 Hours; 110 Landings 2007 Challenger 300 • Exceptionally Equipped 2011Out Challenger 300 • Link 2000+ with ADS-B
ALSO AVAILABLE
I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I
2009 BOMBARDIER CHALLENGER 850 S/N 8080
1997 Challenger 604 2005 Challenger 604 2007 Challenger 605 2002 Citation Excel 1993 Citation VI 1994 Citation VII
I N FO @ JETC RAF T. CO M
1-2018_AVBuyer_Back Cover_Smoothest Connections.indd 1
I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I
Better perspective on market trends. And worldwide connections that
A passionate team of aviation experts, our strategic approach and action-oriented thinking have made us the global leader for aircraft sales and ownership services. With our worldwide network and inventory, industry connections and regional presence, we are the difference between getting an aircraft… and getting your aircraft.
DOWNLOAD OUR 2007 CHALLENGER 300 FEATURED INVENTORY JETCRAFT APP 1994 CHALLENGER 601-3R 1990 CHALLENGER 601-3AR 1999 CHALLENGER 604 2005 CHALLENGER 605 2009 GLOBAL XRS 2015 GLOBAL 6000 2015 CITATION CJ4 2009 FALCON 7X 2013 FALCON 900LX 2013 FALCON 900DX Search aircraft listings Sort by manufacturer 2009 LEGACY 650 2006 Citation XLS 2000 Global Listing Express brochures 2010 GULFSTREAM G150 2003 CRJ 200 2001 Hawker 800XP Recent Jetcraft news 19881997 GULFSTREAM CRJ 100SE GIV 2002 LearView 45 upcoming events 2005 SIKORSKY S-76C+ 2008 Falcon 2000DX 2010 Lear 45XR 2003 Falcon 2000EX 2003 Legacy 600 1990 Falcon 50 2012 Lineage 1000 1991 Falcon 50 1996 Sikorsky S-76B 2000 Falcon 50EX 2012 Falcon 7X
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