Date of issue:01/03/2013
It follows as night follows day that if you set out to meet and exceed the expectations of the world’s most sophisticated customers you are going to have to find a way of ensuring that your entire operation always delivers its A-game. Building a world-class FBO operation is a tough ask in any market and a number of CEOs we profile in this issue are masters of the art.
To read the articles from this issue click on the headings below.
Date of issue:10/10/2012
This issue sees Anthony Harrington taking on the reins as new Editor of Executive & VIP Aviation International. Martin Roebuck has done a splendid job as editor to this point and we look forward to taking the journal to new heights – no pun intended – through 2013 and beyond. Advanced economies are at last starting (one hopes!) to gather momentum after the greatest financial crash since the Great Depression of the 1930s and that will be welcomed by all. Having charted a course through the difficult years since the collapse of Lehman Brothers, the business and private aviation sector is well positioned to benefit from any upturn in Western economies. Emerging markets hold out exciting prospects as well as challenges for the sector and we will be following developments in Asia and Latin America with great interest in the year ahead. As always, we welcome your views and ideas regarding content and coverage. Feel free to drop us an email or call us at your convenience.
Date of issue:07/05/2012
An old joke goes that banks will only lend money to those who don’t need it, and it’s never been more true. Small and medium enterprises, perhaps seen as too great a risk, are finding it very difficult to finance expansion. It is inhibiting their investment in people, premises and equipment.
In our own industry, sellers of used aircraft complain that the soft lower end of the market is restricting those higher up the ladder who, in more normal times, would now be seeking to upgrade. Business aviation activity has always correlated closely with corporate earnings, which are increasing – but perhaps the historical rules are now being rewritten. Brokers insist it has never been a better time to buy. Potential customers in the static markets of North America and Europe must be thinking: if only we could.
Date of issue:02/01/2012
Given the state of the current global economy, it is almost impossible to have any credibility as a forecaster or market analyst. They are never a sector who attract much sympathy, but right now, the signals are so mixed that it’s incredibly difficult to predict demand for any service or product.
Aircraft manufacturers, charter brokers and FBOs can only guess at where they will be in six months’ time, let alone on the three- to four-year business cycle that has been the traditional framework for their investment decisions. The financial peaks are growing higher, the troughs lower, and the flow from boom to bust and back again is now so breakneck that airsickness tablets may seem the only remedy.
Perhaps maintenance is the most secure game in town. Whether owners and operators are replacing their equipment or hanging on to what they have, there is always a need to keep it airworthy. Yet I’m sure that MROs working on shrinking margins will argue that even they lack the business continuity they would wish for.
The mature business aviation markets of North America and western Europe saw a fairly calamitous end to 2011 after a more positive start to the year. Traffic fell away as belts were tightened, though US charter operators are looking beyond the present rate weakness and finding some encouraging signs of recovery.
The mood in Europe looks likely to stay gloomy until the Eurozone crisis is resolved, and probably well beyond. There are some bright spots in central and eastern Europe but even here the picture is inconsistent. Companies are having to diversify to succeed and CEPA advances the view that some of its members will only get through the downturn because they have less far to fall.
From a purely UK standpoint (and with apologies to all our readers elsewhere), 2012 is a hugely important year with the Queen’s Diamond Jubilee, Farnborough Air Show and London Olympics falling in rapid succession. The national media focus has been on Heathrow’s waning status as a global hub and on where new runway capacity will come from in the long term.
The business aviation community, working quietly away in the background, has an unparalleled opportunity to show heads of state, wealthy individuals and the major global Olympics sponsors that it can deliver, even in the most unpredictable times.
Date of issue:08/11/2011
Powering the dream, Hawker Beechcraft is bullish about its prospects for aftermarket sales and support. Phil Nasskau speaks to vice President for Aftermarket Sales and Support Brian Howell.
Cessna has seen signs of business aviation resurgence through its aftermarket sales and support operations. Phil Nasskau speaks to Brad Thress, Senior Vice President of Jet Products.
Al Bateen, living the Abu Dhabi dream Jo Murray reports on what is turning out to be a very successful year for this Abu Dhabi city centre based airport.
BizJet International: a question of value, as a member of the Lufthansa Technik Group, this US based facility offers a broad spectrum of services, including VIP interior completions, engine overhaul and maintenance and FBO services.
CRS Jet Spares, managing commodities at home and away Armando Leighton, President, CRS Jet Spares has grown the business through supplying the right parts at the right time and with the right attitude to customer service.
Shannon, a small slice of America Shannon Airport became unique in that it is the only airport in the world to offer private passengers pre-clearance to 220 US locations without stepping on US soil.
TAG Aviation, aircraft management has been a resounding success Jo Murray speaks to Graham Williamson, President, Aircraft Management & Charter Services, TAG Aviation Europe, and finds out that TAG Aviation has been enjoying massive aircraft management success.