Corporate Jet Investor

Farnborough business flights ‘yield £1.9bn for UK econcomy’ Business flights from Farnborough Airport, generate £1.9bn ($2.45bn) of gross value added (GVA) to the UK economy every year, according to a new report from CBI Economics. The study revealed about 80% of flights from Farnborough Airport were related either directly or indirectly to supporting UK business and inward investment. Flights from the airport are mainly of “high economic impact, time-sensitive in nature and essential in purpose” it concluded. The economic value created by the airport was also said to generate the equivalent of 23,000 full-time employee (FTE) jobs. The research evidences the value of business aviation to the UK economy and in particular the role of Farnborough Airport in supporting growth and investment, said Louise Hellem, chief economist, CBI Economics. “It is striking the impact that the business aviation sector has on the UK economy, in particular the economic opportunity it creates and the importance of the sector in driving UK competitiveness and growth,” she said. Simon Geere, CEO, Farnborough Airport added: “These latest findings from CBI Economics support what we have been saying for some time, that the role of business aviation in driving inward investment and creating economic opportunity within the UK is both significant and demonstrable.” The airport has a critical role to play in supporting economic growth – both at a local level and also across the wider UK, he said. Read the full story - including details of the full-time jobs said to be created by the airport - via the link. tinyurl.com/58724fju #airports #aviationjobs #businessjets #privatejets #aviation #businessaviation

CAE puts new Phenom 300 simulator to work at Burgess Hill, UK CAE is putting its new Embraer Phenom 300 CAE7000 XR series full flight simulator through its paces at its Burgess Hill facility, UK. Installed in February and commissioned in March, the simulator is at work training both owner pilots and corporate pilots. The new simulator - the second of its type at Burgess Hill - follows previous installations at Dallas, Texas and Las Vegas, Nevada. The sim uses approved aircraft flight data and must meet regulatory requirements with an initial simulator qualification followed by yearly simulator requalification. It is certified by three authorities: the UK Civil Aviation Authority (CAA), Transport Canada - Transports Canada Civil Aviation (TCCA) and EASA - European Union Aviation Safety Agency (EASA). Federal Aviation Administration certification is expected within the next year. It looks like a large, fully articulated box (see image below). Behind the pilots' seats are a flight control consol for the simulator instructor and additional seating for two trainee pilots. But how realistic is it? We ask Kevin LaRosa II, stunt pilot and aerial coordinator – most famously filming the aerial sequences of the $1.493bn grossing movie Top Gun: Maverick. “The Phenom 300 simulator is an almost perfect match for the real aircraft,” LaRosa told CJI. “While the visuals are not perfect, they are amazing. The movement of the simulator is very accurate.” He’s equally impressed by the Phenom 300 aircraft. “It’s a super capable aircraft – and like any aircraft it’s really all about the training,” adds LaRosa. Powered by two Pratt & Whitney Canada PW535E engines, the Embraer jet is rated for single pilot operations and can carry up to 10 passengers. It has a maximum speed of 533mph and a maximum range (with four passengers) of 2,010 nautical miles. About 700 are in operation worldwide. LaRosa is an expert witness. He filmed 800 hours of aerial footage for the two-hour movie. The aerial sequences were filmed from a converted Phenom 300 camera ship with a gimbal-mounted film camera on the nose and a still camera aft of the cockpit. The aircraft is owned by LaRosa’s friend and business partner Jonathan Spano. (Incidentally, LaRosa is the only non-military pilot to be cleared for a 240-knot (276 mph) flyby over the deck of the Nimitz-class, nuclear-powered super carrier US Theodore Roosevelt, as part of the movie filming). Meanwhile, read the full story - including how it felt to buckle into the simulator's right hand seat for a training session with LaRosa in the captain's seat - via the link. tinyurl.com/c3sv3xhs #flightsimulators #aviationtraining #businessjets #privatejets #TopGunMaverick

We are absolutely delighted to have won the Business Aviation Category at the 2024 Aerospace Media Awards. The winning piece (link in comments below) was Wheels on Fire - looking at how the company managed to find investors last year. It was in a strong category with some other great articles. We were honoured to be nominated for three different awards in total this year. Thanks so much to the judges, Peter Bradfield and all the team at The Aerospace Media Awards & The Defence Media Awards for their organisation. It was a great night celebrating aviation journalism and LUCY PORTER was an amazing host. As always thanks to all our readers, sponsors and the contacts (mostly anonymous) who helped with the feature.

Business jet transactions are uniquely complex. They involve multiple people and companies all looking at them from different angles.    The Aircraft Transaction Masterclass is a unique two-day residential course running on September 30th - October 2nd in Surrey, UK. It is designed to provide participants with expert insights and knowledge in the complex world of aircraft transactions - offering a 360-degree view. With industry experts leading live seminars and case studies, participants will leave the masterclass equipped with the skills and knowledge needed to navigate and succeed in the dynamic world of aircraft transactions. Find out more below 👇🏼 https://lnkd.in/gvYM8RN4 #ATM24 #Masterclass #BizAv #BusinessJetDeals

#CJIAsia is approaching and we already have over 40 speakers confirmed to discuss, present and debate the latest industry topics. We are delighted to welcome Alex Jiao, Chairman at Hongkong Jet who will be presenting his insights on Identifying opportunities in the Asian business aviation market. ✈ Book your place today to hear the speakers and be part of a great variety of networking opportunity to connect and reconnect across the industry. https://lnkd.in/ek_xtqk3   #Bizav #Businessaviation

Get ready for CJI Asia 2024! Join over 300 senior leaders, innovators, and visionaries in business aviation as they gather in the heart of Asia. This is your chance to connect, discuss and network with the dealmakers and decision-makers leading business aviation in Asia. Why Attend? 🔹 Unparalleled seniority: Meet and connect with leaders from Asia and beyond. CJI Asia brings together senior leaders from OEMs, operators, aircraft management companies, lessors, brokerages, dealers, financiers, law firms, appraisers, MROs, FBOs and other key stakeholders in the industry. 🔹 Targeted Networking: With over 15 hours of scheduled networking time, you will multiply and strengthen your connections at coffee breaks, lunches, cocktail receptions and The Dealmakers Dinner. 🔹  Exclusive Access: The busiest people in aviation make time to attend this event for both the content and the networking. It is an essential meeting for leaders to discuss opportunities for the year ahead. Attendees have formed joint ventures, won mandates, and sold aircraft at these conferences. Join us at CJI Asia 2024 and be part of the conversation that’s driving the future of business aviation. 👉 Register Now: https://lnkd.in/ek_xtqk3 #CJAsia2024 #BusinessAviation #AviationInnovation #Networking #AviationEvent #FutureOfFlight #AviationLeaders

What drives demand for the ultra long range market? Some great insights from David Crick, managing director of DavAir and David M. Dixon MBE FRAeS, president of Jetcraft Asia as they discuss their experiences and understanding of the market. In just 8 weeks, CJI Asia will welcome 300 dealmakers to the Shangri-La, Singapore for two days of incredibly valuable content, delivered by those in the centre of the market. More information can be found here: https://lnkd.in/eYSQCEqq #CJIAsia #businessaviation #bizavevent

⚠️Last chance to register at the super early-bird discount⚠️ After today, prices will increase as the event draws closer. If you want to meet the industry’s busiest financiers, operators, brokers, OEMs, insurers, MROs, manufactures, appraisers, lawyers and many more involved in growing and supporting Asia’s fleet, then you need a ticket to this event. Join us and 300 of your industry colleagues and competitors on September 16-18 at the Shangri-La, Singapore for a thought provoking, interactive and fun three days. Reserve your place here: https://lnkd.in/enmwcmGx.. #CJIAsia #businessaviation #asianfleet #bizavevent

Mark Ozenick to lead Volato's aircraft management growth Private aviation company Volato Group announced the appointment of industry veteran Mark Ozenick as president of Volato Aircraft Management Services (VAMS). Ozenick will be responsible for spearheading the growth and expansion of Volato's aircraft management business. Read full below. https://lnkd.in/ekBCY6gJ

Paul Malicki, CEO of Flapper shared his insights at CJI Miami last year. It's great to see Paul's optimism for 2024. Has his predictions been correct? As Paul said, CJI Miami is the best event for content and networking (and we happen to agree with him!) We can't wait to welcome hundreds of business aviation dealmakers in less than 4 months' time! Register your place today and interact with like minded professionals 👉 https://lnkd.in/e_R2B_mF #CJIMiami #businessaviation #bizavevent