AvBuyer Magazine July 2017

San Marino FC July 2017.qxp_FC December 06 22/06/2017 13:27 Page 1

July 2017

™

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

Industry Leader Aircraft Registration Private & Commercial Operations New office in Sardinia Safety | Compliance | Service See pages 6-7 for further details

THIS MONTH Aircraft Comparative Analysis – Bombardier Global 6000 Aircraft Connectivity Shopping Tips Used Aircraft Market Update www.AVBUYER.com

Project1_Layout 1 27/06/2017 09:53 Page 1

PRE-OWNED FALCON

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Project1_Layout 1 27/06/2017 09:54 Page 1

Falcon 7X 2012 • s/n 164 • 1,398 hrs. total time • 14 passengers with Forward and Aft lavatories • EASA / EU-OPS1 compliant • EASy II (SBAS, LPV, ADS-B Out, SVS, ADM, Dual Jeppesen Charts, CPDLC FANS 1A) • 3 FMS, 3 IRS, 3 VHF, HUD, EFVS, 1 EFB • Engines on ESP Gold, APU on MSP Gold • 1C due September 2020

Falcon 7X 2009 • s/n 021 • 4,310 hrs. total time • 14 pax 15 seats with Forward and Aft lavatories • EASA / EU-OPS1 compliant • EASy II (SBAS, LPV, ADS-B Out, CPDLC ATN-B1 & FANS 1/A) • T&T Satcom, Sat TV with US and EU decoders • 3 FMS, 3 IRS, 3 VHF, HUD, Cabin Humidifier • Engines on ESP Gold, APU on MSP Gold • 1C due September 2024

Falcon F900LX 2011 • s/n 250 • 1,496 hrs. total time • 13 passengers with Forward and Aft lavatories • EASA / EU-OPS1 compliant • EASy II (Baseline, LPV, ADS-B out, CPDLC ATN-B1 & FANS 1/A+) • 2 FMS, 2 IRS, 3 VHF, Satcom Iridium Axxess II w/ DIU, 1 EFB • Engines and APU on MSP Gold • 1C due September 2017

Falcon 2000LX 2012 • s/n 230 • 819 hrs. total time • 8 passengers with settee • EASA / EU-OPS1 compliant • EASy II (Baseline, LPV, ADS-B out, SVS, CPDLC ATN-B1 & FANS 1/A+) • 3 FMS, 3 IRS, 3 VHF, HUD, EFVS, Satcom Iridum & Aviator 700D, 2 EFBs • Engines and APU on JSSI 100% • 1C due February 2018

Falcon 2000 2001 • s/n 154 • 8,922 hrs. total time • 12 passengers with Aft lavatories • EASA / EU-OPS1 compliant • ADS-B Out compliant • Aviator 300 Swift broad band with Wifi • Medevac capability • Engine on CSP Gold APU on MSP Gold • 1C due August 2019

Falcon 50EX 2006 • s/n 347 • 5,411 hrs. total time • • • • •

10 passengers EASA / EU-OPS1 compliant 2 FMS, 2 VHF, Iridium Satcom Aircell RT3100 Engines and APU on MSP Gold 2C due October 2018

15:23

Editor Welcome June17.qxp_JMesingerNov06 20/06/2017 12:52 Page 1

Editor’s Welcome Aviation Infrastructure: Enabler Par Excellence

T

he US President Donald Trump launched his ambitious $1 Trillion program to rebuild the American infrastructure by re-emphasizing his desire to privatize the way the nation’s National Airspace System is governed and controlled.

Putting aside for a moment the merits and demerits of ATC Privatization, the focus on air transportation is clearly an appropriate starting point for a discussion of infrastructure investments. While all transportation is important, a nation’s aviation system is vital to how its citizens support their families and lead their lives.

Economists rarely agree on much.

Former US President Harry Truman joked that he needed a one-armed expert on the economy because he was tired of hearing his economists say “On the one hand, this…” is so, while quickly adding “On the other hand, that…” is so. Transportation, however, is one area where proponents of the “Dismal Science” (as economics is often called) do have agreement: a nation requires a safe and capable means of transportation to sustain and improve its economy and standard of living. In today’s fast-paced global economy, air travel is a necessity.

Individuals who never purchase a seat from a Scheduled Airline or ride on a business aircraft benefit from the ebb and flow of commerce that air transportation facilitates. Business men and women are able to demonstrate their goods and sell wares to more customers in many more markets because of air travel, thereby generating funds that they spent locally or use to purchase products from suppliers that do not travel by air. Such is the nature of commerce—a healthy economy benefits everyone.

The Historic Case for Transport Systems

History bears witness to the need for a robust transportation system. Indeed,

Abraham Lincoln, the founder of Mr. Trump’s Republican Party, promoted completion of the first railroad to cross the North American continent. Faced with the profound difference between Northern and Southern sections of the US—differences that led the Civil War shortly after his election—Lincoln emphasized that a transcontinental railroad would help bind the nation’s wounds and facilitate economic growth.

In the mid-1950s, President Dwight D. Eisenhower, another Republican, promoted legislation that funded the Interstate Highway System, a network of roads that many economists praised as an enabler of economic expansion and improved quality of life.

Thus it is understandable that President Trump wants to focus on infrastructure and has launched his campaign by singling out the US National Airspace System. The idea that such infrastructure should be paid for fully by fees from direct users of the system is not reasonable, however.

Everyone in the USA benefits from a safe, efficient and broadly based air transportation system. Thus it is reasonable that some of the system’s funding should be the responsibility of general taxpayers, which is how the US Air Traffic Control is presently supported and has been since its inception. On average in recent years, about 20% of money needed for the FAA and its aviation system came from general tax revenues. The rest is generated by ticket taxes on airline tickets and fuel taxes on GA fuel. That means of funding works well in the USA and should not be changed.

All US citizens benefit from their nation’s aviation system, thus some level of public funding is appropriate. And the system, which serves the entire country, should be governed by representatives of all Americans—the US Congress.

Jack Olcott Editorial Director, AvBuyer

EDITORIAL Editorial Director J.W. (Jack) Olcott 1- 201 572 9284 Jack@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 8939 7728 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 STUDIO/PRODUCTION Helen Cavalli / Mark Williams 1- 800 620 8801 +44 (0)20 8939 7722/7726 Helen@avbuyer.com Mark@avbuyer.com CIRCULATION 1- 800 620 8801 +44 (0)20 8255 4229 John@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

Mechanicsburg, PA 17055 4

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145

Freestream July.qxp 20/06/2017 14:50 Page 1

2009 Airbus A318-112

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2001 Gulfstream V S/N: 622

2013 Gulfstream G550 S/N: 5415

2011 Gulfstream G550 S/N: TBD

2006/2007 Global Express XRS S/N:9223

1988 Dassault Falcon 900B S/N: 50

2009 Sikorsky S-76C++ S/N: 760757

2009 Gulfstream G450 S/N: 4170

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San Marino new.qxp_Layout 1 22/06/2017 13:45 Page 1

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AVBUYER MAGAZINE – July 2017

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Aircraft Index see Page 145

San Marino new.qxp_Layout 1 22/06/2017 13:45 Page 2

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“We have obtained our San Marino AOC almost a year ago with great support of entire SMAR team.

The model of SM registry is perfectly suit our needs – San Marino CAA as regulator located in Europe but not limited by EASA regulations; clear and easy to understand certification process; dedicated airworthiness and flight ops inspectors for each operator; literally around the clock support of the office staff-in case you need help – they are ready to do so 24/7.�

Oleg Gurov, Accountable Manager Skyline Aviation Srl. "The San Marino Registry has given Empire the ability and opportunity to be able to base commercial aircraft in various bases around the world.

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Paras P. Dhamecha, Managing Director Empire Aviation Group "Initiating ex-novo an aeronautical commercial operation can be extremely challenging. Fortunately, working with the San Marino Registry made the process as smooth and efficient as possible. SMR genuinely cares about our company’s success, as evidenced by their diligence and professionalism in every operation they have helped us with.�

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Puja Mahajan, CEO Elit’Avia “ICS-AERO SM has been holding San Marino AOC since April 2016. Not only we appreciate the convenience from the fact that San Marino authorities accepts FAA, EASA and other certificates, but also, we benefit from having authorities "hearing" their operators and supporting in every single question. At the same time, high standards applied to us gives us possibility to operate easily throughout EASA airspace and meet TCO requirements.�

Tamara Avia, Director ICS-AERO LTD “TJS successfully runs a Gulfstream G650ER aircraft from March 2016 on it's San Marino register. From the initial establishment of our AOC to day-to-day operations we have experienced a straight forward and professional support, the T7 Register is really dedicated to Business Aviation.�

Martin Lener, CEO TJS San Marino Srl

www.AVBUYER.com

July 2017 – AVBUYER MAGAZINE

7

Contents Layout JULY17.qxp 21/06/2017 11:24 Page 1

Contents Volume 21, Issue 7

July2017

T BizAv Intelligence

16

Business Aviation Market Summary: Market trends, indicators, assessments and forecasts, introduced by Rollie Vincent

84

How Pilot Health & Safety are Linked: What roles can the flight department and its individual staff play in ensuring fitness for duty?

Mario Pierobon reflects...

36

Used Aircraft Market Update Q2 2017: An assortment of dealers and brokers offer their perspectives on current sales trends

86

42

Aircraft Comparative Analysis – Bombardier Global 6000: How does the Bombardier Global 6000 squareup against Gulfstream’s G550? Find out here…

Used Aircraft Sales Trends: There’s a plethora of exciting new things happening in the Business Aviation world, says Vref…Here’s what…

94

46

Financed vs. Cash New & Used Jet Transactions: Mike Chase and Marj Rose examine the trends for Financeversus Cash-based jet transactions…

Aircraft Safety – Learning from Others: Jack Olcott highlights a tragic aborted landing of a Hawker 800A in the hope of alleviating similar outcomes in the future…

T Boardroom

98

Should You Buy a New or Used Aircraft: David Wyndham offers thoughts to help answer the proverbial question faced by many aircraft buyers

102

What’s Your Business Aircraft Worth Today: Senior Certified Appraiser Jeremy Cox highlights points of value specific to Cessna’s larger cabin used jets…

106

Five-Point Jet Buyer Checklist: Savvy buyers make the right decisions early in the purchase process. Jet Tolbert offers notes to help with your decision-making

T Flight Department

8

AVBUYER MAGAZINE – July 2017

56

Countdown to ADS-B (Out) Compliance – Part 3 of 3: Less than three years before the equipage requirement comes due for ADS-B, are you ready?

66

Top Tips When Shopping for Aircraft Connectivity: So many options, so many terms. Position yourself to make the right connectivity buying decisions…

70

How to Successfully Sell your Jet: Even current buyers of business jets eventually become sellers – so how can you place yourself to be a successful seller?

72

Retail Price Guide: 20-year Entry Level & Light jet price guide from The Aircraft Bluebook

76

Specifications: Entry Level & Light jet performance and specifications comparisons

www.AVBUYER.com

T Community News

112

BizAv Review: OEM News, Industry Appointments and Aviation Events from around the BizAv Community

Next Month • • •

Aircraft Comparative Analysis Plane Sense on Refurbishments Turboprop Specifications & Values

Aircraft Index see Page 145

AIRCRAFT SALES & ACQUISITIONS U.S. +1 402.475.2611 and 800.228.4277 | Europe +44.7836.352676 www.DuncanAviation.aero/aircraftsales

2 0 0 4 C h a l l e n g e r 6 0 4 s /n 5 5 6 6

4610 Total Time. GE OnPoint. -150 APU. Wi-Fi. Smart Part Plus. One Midwest owner since new.

2 0 0 6 G u l f s t re a m G 4 5 0 s /n 4 0 5 5

2,540 Total Time. Engines Enrolled on Corporate Care. ADS-B. FANS-1/A. CPDLC.

1 9 9 1 C i t a t i o n I I s /n 6 9 1

6,750 Total Time. Fresh Phase I-IV, B and Engine Minor Inspections with sale. 9 Passengers.

2002 Citation Excel 5172

4187 TT. EASA compliant. Engines & APU on Power Advantage. Airframe on Pro Parts.

1 9 9 8 G u l f s t re a m G I V- S P s /n 1 3 4 8

6,798 Total Time. MSG3 Maintenance Program.

12 Passenger Configuration. Make Offer.

1 9 97 C h a l l e n g e r 6 0 4 s /n 5 3 4 2

8,440 Total Time. GE OnPoint. 4,200 Cycles.

Rockwell Collins Precision Plus Avionics.

1 9 9 8 C i t a t i o n E xce l s /n 5 0 1 5

3827 TT. Major Maintenance by Factory Service Centers.

Two Midwest owners since new.

Falcon 2000 Serial 21

6680 TT. Engines on CSP Gold. APU on MSP Gold.

Two corporate owners since new.

2006 Hawker 850XP 258793

COMPARE AIRCRAFT VALUES AND FEATURES

Duncan Aviation’s Quick Reference Guide Helps Buyers Make Decisions

www.DuncanAviation.aero/market-sum 3279 TT, EU-OPS Compliant, On JSSI.

Duncan Aviation has been assisting companies around the world with the sales and acquisition of aircraft for 60 years.

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MarketIndicators July17.qxp_Layout 1 20/06/2017 13:01 Page 1

BIZAV INTELLIGENCE T MARKET INDICATORS

Business Aviation Market Summary - July 2017 Utilization, Used Aircraft Sales Volumes Trending Up As we shift into H2 2017, a spectrum of market indicators continues to point in varying directions, clouding the near-term outlook for Business Aviation, notes Rollie Vincent, Editor, Market Indicators.

O

n the one hand, business aircraft utilization rates are improving in the key US and European markets, together accounting for almost 70% of the installed fleet. Year-over-Year (YoY) in May 2017, utilization was up more than 6% in the US and more than 3% in Europe, with traffic increases led by higher activity amongst charter and fractional operators.

Comparing results in 2017 to 2016 on a Year-To-Date (YTD) basis, US business jet flight cycles (measuring 1 takeoff and landing) were up 2.8% through the beginning of May 2017, an encouraging result on what is nevertheless proving to be a long road to recovery in the post-2008 crisis era.

Used business aircraft transactions continue at a steady pace, averaging about 155 whole retail sales per month worldwide from January through the beginning of June 2017, as buyers recognize and act on today’s unprecedented opportunities to acquire aircraft at attractive prices. The volume of whole retail business jet sales was up 5% YTD at the beginning of June 2017, according to JETNET databases, 16

AVBUYER MAGAZINE – July 2017

driven by generally lower prices across most segments, but especially for larger aircraft.

Encouragingly, and in line with supporting anecdotal evidence that we hear from the business aircraft broker/dealer community, whole retail used jet transactions were up 7.5% in March-April-May 2017 over the same period last year, although days-on-market for aircraft that have sold continues to hover around 300 days. According to JETNET, there were 2,357 business jets listed ‘For Sale’ worldwide at the beginning of June 2017 (down 80 jets YoY), representing 11.1% of the fleet (versus 11.7% one year ago).

Key Building Blocks Forming

With aircraft utilization and used sales volumes trending upwards through H1 2017 compared to the same period last year, two key building blocks that are necessary for a broadbased market recovery are being formed.

Flight activity will need to remain strong and used aircraft sales will need to be sustained through the doldrums of the

www.AVBUYER.com

Aircraft Index see Page 145

MarketIndicators July17.qxp_Layout 1 20/06/2017 13:01 Page 2

Northern Summer (when most folks would rather be sitting on the dock of the bay than negotiating complex aircraft purchase agreements) before pricing stabilization can occur.

Business aircraft OEMs will need to continue to do their part, primarily by moderating production rates and throttling back on aggressive discounting to sell whitetail inventory. Existing aircraft owners and operators continue to represent the industry’s largest pool of prospective buyers, but are clearly discouraged by low trade-in values and the gap this leaves them to transition into a new aircraft.

Beginning in late 2014, this phenomenon began to impact the large-cabin business jet segment, which was late to feel the cold headwinds of the demand slowdown that has confounded the light and medium jet markets.

According to Asset Insight analysis (p34), large-cabin business jet asking prices have slipped by a troubling 20% over the last twelve months compared to the same period YoY, while medium jets were down about 11%. While some of these pricing adjustments reflect the normal product life cycle – for example, with aircraft transitioning to an out-of-production status – a myriad of other factors are at play.

In the long-cycle of new aircraft development programs, it is normal that some deals are being negotiated to take wait-andsee buyers ‘off the street’ and into interim aircraft in anticipation of a ‘to-be-certified’ model. Any knowledge of pricing of these deals seems magically to trickle out of watertight Non-Disclosure Agreements and percolate throughout the market, impacting prices and the cadence of used aircraft sales activity.

Lessons Learned?

Are some segments and/or models doing better than others?

Yes – and perhaps herein lies some lessons learned on the road to healthier, stronger, more stable markets. As we have noted previously, the business turboprop segment has all the signs of a recovered (albeit stable) market, with little evidence of continued deflation in asking prices, and less than 8% of the fleet available ‘For Sale’, according to JETNET records.

With an average fleet age of just 13 years, the single-engine turboprop segment – led by Pilatus, Daher, Piper and Textron Aviation - is arguably the most balanced in terms of worldwide demand and supply.

There are few residual value darlings in the industry today, but the Pilatus PC-12 is definitely one of them. Occupying a unique and ultimately more defensible market segment, used PC-12 prices have remained as stable as a towering Swiss mountain both before and after the 2008 financial crisis.

According to the latest Vref aircraft value guide, a typical 2012-era PC-12/47E model has a current retail value of about $3.9m, representing 87% of the new retail price. This compares favorably to in-production light and medium-sized jets, which have depreciated to 50-70% of their new retail value after five years, according to Vref. With more than 1,400 PC-12s in operation worldwide, only 4.1% of the fleet is listed as ‘For Sale’ (at press time).

Asking prices for the third-generation PC-12NG are hovering in the $3.0-3.8m range, a granite-solid performance that reflects: Smart design; Strong product quality, reliability, and support; Disciplined approach to production, R&D development (and new aircraft discounting); Limited direct Advertising Enquiries see Page 4

“...the business turboprop segment has all the signs of a recovered (albeit stable) market, with little evidence of continued deflation in asking prices...” competition; and a Healthy dose of good fortune (which tends to come to those who are prepared to take advantage of it).

If imitation is indeed flattery, the Swiss can take some solace in the development of the near-lookalike Cessna Denali, as they and Textron Aviation prepare for battle in a market segment that Pilatus has effectively ‘owned’ since creating it almost 25 years ago.

MI www.rollandvincent.com 

www.AVBUYER.com

continued on page 20

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

July 2017 – AVBUYER MAGAZINE

17

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BIZAV INTELLIGENCE T MARKET INDICATORS

BizAv Activity - North America Business aircraft operations in the US, Caribbean and Canada soared 6.5% YoY in May, led by significant gains in Part 135 activity, according to ARGUS TRAQPak data…

Reviewing YoY flight activity (May 2017 vs. May 2016), TRAQPak data indicate that results by operational category were all positive with Part 135 activity rising significantly once again, Fractional activity recording a solid rise and Part 91 activity also increasing.

The aircraft categories were positive too, with Large & Mid-Size Jets posting the largest gains.

Month-Over-Month

Business Aviation flight activity posted a larger-than anticipated Month-overMonth increase from April to finish up 4.7%. Results by operational category

BizAv Activity Europe

were all positive, with Part 91 posting the largest increase.

Aircraft categories looked good as well with Turboprops posting the largest monthly gain over April activity. Light Jets, Large Jets and Mid-Size Jets followed in that order. The largest individual MoM increase occurred in the Fractional Turboprop category.

June Activity Forecast

Looking ahead, TRAQPak analysts estimate a 5.3% increase in overall flight activity YoY for June 2017.

MI www.argus.aero

TABLE A - MAY 2017 vs MAY 2016 North America Flight Activity

PART 91

PART 135

FRACTIONAL

ALL

TURBOPROP

1.9%

10.3%

2.5%

5.3%

SMALL CABIN JET

-0.2%

8.5%

8.4%

3.8%

MID-SIZE JET

3.2%

20.3%

5.8%

9.2%

LARGE CABIN JET

4.5%

17.5%

11.7%

9.3%

ALL

2.1%

13.3%

6.9%

6.5%

TABLE B - MAY 2017 vs APRIL 2017 North America Flight Activity

PART 91

PART 135

FRACTIONAL

ALL

TURBOPROP

8.5%

10.4%

11.8%

9.4%

SMALL CABIN JET

4.3%

0.6%

5.4%

3.1%

MID-SIZE JET

3.7%

0.3%

2.5%

2.3%

LARGE CABIN JET

4.6%

-0.7%

0.9%

2.4%

ALL

5.6%

3.8%

3.8%

4.7%

May’s flight activity in Europe resumed the growth trend following a blip in April. According to WINGX, there were 77,068 business aircraft departures in Europe during May, a 3.3% increase from a year ago and the busiest month so far this year…

The growth in Business Aviation activity was evident mainly in the largest markets of France, Germany and the UK. Activity growth from the UK was particularly notable, with London's Light Jet departures growing 10% YoY, notes WINGX Advance managing director Richard Koe. Growth during May was strongest among business jet flights, which climbed 4% YoY. Business turboprop and piston flights also increased, but specifics were not given.

Flights arriving into Europe increased from all regions except North Africa.

Arrivals from Russia were up 3%, in contrast to a -6% decline in the last 12 months. Departures from Europe to North America were up 8%, and flights to Asia-Pacific increased 18% from a year ago.

Also noted were “modest growth” at Paris Le Bourget and Geneva, with strong YoY gains at London Luton (+6%); Farnborough (+15%); and London Biggin Hill and Stuttgart (+18% each). continued MI www.wingx-advance.com  on page 24

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BIZAV INTELLIGENCE T MARKET INDICATORS

UBS: Customer Interest Solid, Market Softer The business jet market shows signs of slightly weakening, according to UBS’s recent Business Jet Market Index, which dipped 4% from the previous survey, coming in just below the break-even level at 49…

UBS noted the survey had remained around the break-even measurement of 50 since it bounced up late last year. “This move is beginning to resemble the false start that we saw in late 2014/early 2015,” UBS analysts noted.

The market for Small-Cabin aircraft leads the index at 52, but that is down by 6% from the previous month. The Medium-Cabin market measured at 49, while the Large Cabin sector was the weakest, measuring 46.

While customer interest appears lower, it is “still near post-crisis peak,” UBS notes.

Factors contributing to the softened results include a limited willingness on the part of dealer efforts to increase inventory; weaker customer interest; and lower pricing. However, these are offset by lower inventory levels, UBS said, and “our

Collins: No Change in Market Demand Rockwell Collins is standing by the conservative Business Aviation market outlook it took at the beginning of the year, according to company president and CEO Kelly Ortberg...

“We have seen about what we’ve expected in Business Aviation,” Ortberg told AIN recently. “We saw a lot of rate decreases last year. I haven't seen further rate reductions, and I haven’t seen upticks.” Ortberg remains hopeful that Business Aviation will bottom out sometime next year.

MI www.rockwellcollins.com

customer interest score…remains near its high since the financial crisis”. North America customers show the strongest interest, followed by Europe and Asia.

(Words Courtesy of AIN) MI www.ubs.com

Robust European Growth

EBAA’s European Business Aviation traffic was up 7.6% in May from a year earlier, continuing a positive trend in the previous six months.

“This further reinforces a strong start to 2017, with close to 7% growth in Q1 of this year,” summarized Brandon Mitchener, EBAA CEO, citing data provided by Eurocontrol. “Given that the summer is normally the peak season for Business Aviation traffic, we are hopeful that this marks a promising trend.” continued MI www.ebaa.org  on page 28 The best aircraft for sale search anywhere, everywhere on pc, smartphone and tablet.

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AVBUYER MAGAZINE – July 2017

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Aircraft Index see Page 145

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BIZAV INTELLIGENCE T MARKET INDICATORS

Non-ADS-B Aircraft Values to Drop Owners of business aircraft that are not ADS-B-compliant, or in the queue to have equipment installed, risk seeing already depressed residual values fall even further in advance of FAA’s January 1, 2020 deadline, warns GAMA’s Pete Bunce…

In his warning to operators and owners of business aircraft that have yet to comply with upcoming ADS-B mandates, Pete Bunce outlined, “The value of your asset is going to start dropping even before 2020—this is for rotorcraft and fixed-wing—if you don’t have a slot to upgrade.

“If you’re in the Business Aviation category and you hit 2020 [without an upgrade], the price [of your aircraft] is going to just plummet.”

While the FAA is adamant that the ADS-B deadline will not be pushed back, Bunce said that too many operators are holding out hope that the date will slip. “Because of that belief, right now, we are not on pace to get the fleet equipped by the 2020 mandate,” he warned.

GAMA is working with the aircraft-valuation community to collect data that will help quantify the problem, Bunce said. The association plans to make the data available to encourage equipage while there is still time to shift momentum. “We have the industrial capacity to get the fleet modified,” Bunce said. But, he cautioned, “If everybody waits until 2019, then it’s not going to happen."

MI www.gama.aero

Thousands of Aircraft Could be Grounded Duncan Aviation estimates an alarming number of business aircraft could be grounded for ADS-B non-compliance after the company’s data analytics team developed even more accurate methods for determining the number of aircraft in compliance…

Using data from its proprietary customer database, the FAA, and other industry sources, Duncan Aviation’s researchers discovered that as of March 31, 2017, roughly 73% of the business jets registered in the US have not yet complied with the ADS-B mandate, meaning that a little over 10,000 business jets are not yet equipped.

“At the current rate of ADS-B adoption, about 4,760 aircraft will still need ADS-B when the mandate goes into effect,” says Mark Cote, Duncan Aviation’s VP, Parts Sales, Avionics & Satellites.

“Those aircraft, for all intents and purposes, will be grounded. For the entire fleet to be ADS-B compliant, 320 aircraft need to be updated every month from now until the mandate goes into effect.”

That is more than twice the number currently being upgraded on a monthly basis, and a source of big concern for Cote. “The FAA has stated several times that the mandate deadline will not change.

“With limited labor and hangar capacity, operators need to plan ahead to ensure their business aircraft will be able to continue to meet its mission and company needs.”

MI www.duncanaviation.aero/adsb  continued on page 32 28

AVBUYER MAGAZINE – July 2017

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BIZAV INTELLIGENCE T MARKET INDICATORS

Cheap Heavy Metal: The Knock-On Effect

Richard Aboulafia reflects on his recent visit to EBACE, where he heard talk of four used Singapore A380s about to be retired and made available for VVIP conversion. This got him thinking about the wider impact of ‘cheap heavy metal’ in the BizAv market…

Soon, any potentate could buy a ten-year old A380 for less than $100 million, according to Aircraft Value News. But that represents everything that’s wrong with the business jet market today. There’s too much cheap heavy metal having a knock-on effect against all the stuff beneath.

Recent History of the High End

After the 2008 economic debacle, the bottom half of the business jet market ($3-25m range) fell by 57%, while the top half ($26m+) just kept growing. It grew through 2014, a remarkable 11-year run. But over the past two years soft emerging markets, low commodity prices, and China’s anti-corruption campaign have all pressured the high-end market downward, with deliveries falling 27% by value between 2014 and 2016.

As is standard OEM practice, record output rates were sustained well after market alarms were clanging, thereby guaranteeing a steeper drop and a worse over-supply situation.

While the bad times were catching up with the high-end, another headwind kicked in. In 2011 Gulfstream started delivering its G650, a completely new class of business jet, with a price tag $15m higher than any previous traditional business jet model.

230+ have since been delivered.

Some people just want the biggest, and that’s great. But consider: with the G650, in six years the market saw $18bn in additional deliveries at the high-end. By comparison, last year saw just $20.5bn in new business aircraft deliveries, from turboprops to G650s, with the entire top half worth $12.5bn. That sudden input distorted the market’s top-line. In fact, without those G650s, the market would not have seen any kind of top line recovery at all from the 2009-2010 downturn.

Inevitably, as the rest of the market stayed flat and G650 output continued at a four-per-month rate, the previous high-end jets were displaced. New and used G550s, Global 6000s, and Falcon 7Xs got cheaper, particularly when they were traded in for new G650s. They, in turn, displaced G450s, Global 5000s, and whatever else. Those got cheaper too. The pain kept cascading down, until G280 sales were threatened by cheap G450s.

Challenger 300s started displacing mid-sized jets, helping to kill Bombardier’s own Learjet 85. And these are just new prices; cheap heavy metal got even cheaper when it was a few years old.

32

AVBUYER MAGAZINE – July 2017

Next year Bombardier will start delivering its Global 7000, a belated response to the G650, and even more expensive. Since there’s an up-front order book of eager early adapters, and a manufacturer eager to bring in cash, there’s no way to stop several hundred more large jets hitting the market in the next few years, accompanied by many trade-ins and existing large jet sales.

The bottom half of the market, on the receiving end of all this top half trickle-down tyranny, has yet to recover to its 2008 peak.

It won’t get back there any time soon. With the new ultra-highend models all coming on line in the next few years, there will clearly be some disappointing returns on investment.

Time to Become Creative?

Aside from general market pessimism, my one conclusion from all of this is that OEMs should differentiate themselves. These new heavy models conform to the usual ‘cabin + range/price formula’.

It might be time to think creatively.

Speed is one possibility. In addition, OEMs might consider differentiation with alternative airframe concepts – anything from trapezoidal wings to blended-wing-body configurations. This is a conservative industry (the Starship and Avanti stories prove that), but when your market is getting commodified fast (with profits falling in tandem), out-of-the box thinking might be useful.

Coming Full Circle to the A380…

This brings us back to that Singapore A380 announcement, which may be the first of many such A380 announcements. No matter what the business aircraft market top-line does, the very top of the market may have an A380 problem. The last of 235 A380s will be delivered by 2020 (Teal’s forecast). Many will retire in the 2020s. Most will be retired by around 2033.

Again, there’s no secondary airline market, and there won’t be cargo conversions. If these planes have any kind of value, it will be as VVIP conversion candidates.

There will likely be just a few A380 VVIP takers. Airport access would be terrible, and twin (and single) aisle jetliners have always been available for VVIP conversion, with relatively little impact on the broader market. But we can’t rule out a dozen or two sales, producing a deflationary downward cascade effect on the other business jetliners.

After all, that’s just an exaggerated, jumbo-sized version of what’s afflicting the entire business jet market today.

MI www.tealgroup.com  continued on page 34

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BIZAV INTELLIGENCE T MARKET INDICATORS

In-Service Aircraft Values & Maintenance Condition Table A

An Asset Insight market analysis conducted on May 30, 2017 covering 92 fixed-wing models, and 1,914 aircraft listed ‘For Sale’, revealed Ask Prices for tracked models fell -2.0% in May, following April’s -0.8% decline, for a total decrease of -14.4% over the past twelve months. Following are the details…

All four tracked groups experienced a price decrease. Large Jets were down -1.6%, posting a new record low, while Small Jets were down -2.6%, to post a 12-month low figure. Medium Jets and Turboprops fared no better, posting a -0.7% and -1.8% value reduction, respectively.

Although the Quality Rating Trendline remained negative, overall Asset Quality increased sharply in May, placing the inventory fleet firmly within the ‘Excellent’ range. Curiously, a larger proportion of lower-quality assets were acquired during this period, thereby improving the inventory fleet’s Maintenance Exposure figure.

• Quality Rating: The Asset Insight Quality Rating improved over last month’s figure, increasing 3.3 AI2 basis points to 5.309, from April’s 5.276, on a scale of -2.5 to 10.

• Maintenance Exposure: The tracked fleet’s average Maintenance Exposure (an aircraft’s accumulated/embedded maintenance expense) posted a 1.2% improvement/decrease to $1.435m from last month’s $1.460m.

Maintenance Exposure to Ask Price (ETP) Ratio

Asset Insight’s tracked fleet’s ETP Ratio (an aircraft’s Maintenance Exposure divided by its Ask Price) posted a further deterioration to 54.8%, from last month’s 54.1%.

Any ETP Ratio over 40% represents excessive Exposure in relation to Ask Price, and the tracked fleet’s average has been above 40% since March 2014. At 45.6%, Turboprops once again posted the lowest/best figure – the only group to experience an improvement – followed by Large Jets (47.1%), Small Jets (59.8%), and Medium Jets (61.5%).

Combined with a record low Ask Price figure, values continue to be available for buyers, especially with respect to Large Jets. Sellers must take solace in the industry’s Maintenance Exposure improvement, although that can be a weak hand to play, even for those whose aircraft record a high Asset Insight Index.

• Large Jets: Quality Rating vaulted back into the ‘Outstanding’ range with an Asset Quality Rating and a Maintenance Exposure figure better than the group’s 12-month average. While the news is good for Buyers, the challenge for Sellers is an average Ask Price that fell -1.6% since April (-19.6% during the past 12 months) to post a new record low. Knowing how their aircraft compares to its peers and competitive models has become imperative in order for a Seller to optimize and justify their Ask Price.

• Medium Jets: The group’s Asset Quality posted a 12-month low figure, earning an ‘Excellent’ rating by a very slim margin. While Financial Exposure posted a better than average figure, average Ask Price fell slightly, to record a -10.9% decrease over the past 12 months. Additional aircraft joined the ‘For Sale’ inventory, leading to the ETP Ratio registering below the group’s 12-month average. Buyers are likely to find value a little harder to decipher within this group, although good deals are available.

• Small Jets: Improved Asset Quality to a rating of ‘Excellent’, a better Financial Exposure figure, a 12-month low Ask Price, and a better than average ETP Ratio create deal-making opportunities for both Buyers and Sellers within this group.

• Turboprops: Asset Quality improved to ‘Very Good’ during the past month, equaling the group’s 12-month average – as did the Financial Exposure figure.

Ask Prices dipped -1.8% during the past 30 days, but that is a bit misleading – the group’s pricing over the past year is only down by -1.4%. While still excessive at 45.6%, the ETP Ratio has consistently remained low relative to the other groups, offering opportunity for Buyers and Sellers to find mutual ground.

Asset Insight recommends all owners keep in mind the NextGen mandates that are approaching much faster than many think. Numerous service facilities are now requiring non-refundable deposits to secure a position for NextGen modification work, and the likelihood many aircraft will be grounded is becoming quite evident.

Table B LOW RISK AIRCRAFT MODEL

ETP RATIO

3.2% 6.0% 6.9% 7.0% 9.0% 10.0% 14.4% 14.5% 14.7% 15.0% 15.6% 17.1% 18.3% 18.5% 20.4% 20.6% Citation Encore G550 20.9% challenger 300 23.3% hawker 900xp 24.1% citation cj2 24.7% learjet 60xr 25.1% piper meridian 25.1% f900ex 25.1% King Air B-200 - Post 2000 25.4% KING AIR 350 - PRe 2001 25.6% 25.4% GLOBAL citation5000 xls 26.1% falcon 50ex 27.2% global 5000 27.3% citation mustang 510 27.6% citation cj1+ 28.5% phenom 100 28.6% King Air 350 - Post 2000 29.1% 31.5% f900b embraer legacy 600 32.1% 33.8% global xrs 34.1% hawker 850xp 34.1% citation bravo hawker 400xp 35.2% 35.5% citation xls (msg3) 36.7% piaggio p-180 II premier 1a 36.8% cl-604 37.1% citation excel 560xl 37.5% kingair 300 38.5% G650 BOEING BBJ CITATION CJ4 525C f900lx Phenom 300 F2000LX Citation Sovereign 680 F900EX EASY Citation cj2+ 525A g-150 citation cj3 falcon 2000ex easy pilatus pc-12 g 450 CL-605

Maintenance Exposure to Ask Price Ratio (“ETP Ratio”) As of May 30, 2017

HIGH RISK AIRCRAFT MODEL

ETP RATIO

king air b-200 - pre 2001 40.2%

g-200 falcon 2000 learjet 45 w/apu citation v ultra learjet 45 learjet 45xr gv global express hawker beechjet 400a citation x (msg3) hawker 800xp premier 1 falcon 50 citation v 560 giv-sp piaggio p-180 citation vi hawker beechjet 400 hawker 1000a learjet 60 beech b-1900c citation ii giv-sp (msg3) kingair c90 learjet 31 giv learjet 55c hawker 800a learjet 35A cl-601-3r citation isp falcon 20-5 cl-601-3a cl-601-1a learjet 55

41.7% 45.9% 47.1% 48.1% 48.1% 49.6% 49.7% 50.0% 51.0% 51.6% 54.1% 62.4% 64.9% 67.6% 73.8% 78.0% 79.8% 83.5% 87.6% 95.7% 97.6% 98.3% 98.7% 106.9% 110.7% 114.7% 125.0% 130.7% 131.7% 133.2% 137.8% 172.4% 176.6% 194.1% 206.5%

Source: AMSTAT (www.amstatcorp.com) Asset Insight, Inc (www.assetinsight.com)

MI www.assetinsight.com T

34

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145

MarketIndicators July17.qxp_Layout 1 20/06/2017 13:06 Page 8

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 accured cost of future scheduled maintenance

Advertising Enquiries see Page 4

www.AVBUYER.com

July 2017 – AVBUYER MAGAZINE

35

Buying & Selling 1.qxp_Finance 20/06/2017 10:04 Page 1

BIZAV INTELLIGENCE T BUYING & SELLING

Used Aircraft Market Update Q2 2017

Dealers & Brokers Offer Their Opinions on Current Sales Trends ‘The [market] growth is just not there’, one East Coast broker told Dave Higdon recently. Forecasts of flat or declining sales of business aircraft appear a reality in a world where past conventional indicators pointed toward market growth.

So what’s driving the current market realities? laborating on his market observation, the East Coast broker explained, “New airplane deliveries aren't remotely close to old pre-recession levels, yet the economy is obviously growing, slowly but steadily. Corporate profits are holding up well, companies have cash surpluses available for investment.

E 36

AVBUYER MAGAZINE – July 2017

“These measures usually point toward business aircraft sales growth. Everything should be selling better; new aircraft, used aircraft, helicopters, turboprops, jets…but they're not.”

That outlook differs from those with a glass halffull perspective, however. As noted by a West Coast dealer, “Things aren't great. We could be doing so much worse, though – as we’ll surely

www.AVBUYER.com

Aircraft Index see Page 145

Buying & Selling 1.qxp_Finance 20/06/2017 16:58 Page 2

pulled from the market – but still effectively ‘available’ – we're looking at a couple more percentage points.

“When you look at the pure numbers instead of percentages, it looks even worse because throughout this period the total fleet has continued to grow.”

So, while the percentage of the active fleet ‘For Sale’ appears to have reduced to circa 11% from more than 17% at the worst of the 2009 decline, according to a May release from JETNET, the 2,370 used jets ‘For Sale’ in March 2017 is only 487 below the 2,857 used jets listed as ‘For Sale’ in March 2009.

“There are still plenty of good aircraft out there – way above average, even though the percentage of the whole fleet ‘For Sale’ is back in line with more historic norms,” the Southeast broker continued. “That means buyers are still scarce compared to sellers. Don't look for this to change imminently.”

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

Little Optimism in Balance...

While flying activity seems to be more active – and growing overall – many regions of the world have seen little gain in business travel by private aircraft, but some growth in charter. Analysts offer little encouragement for the time being that the status quo is about to change. They note the slow slide in new jet sales and excess used inventory as harbingers of continuing tepid demand.

In its early June report UBS noted that its Business Jet Market Index dropped below the positive range to 49%, a four-point drop from the previous survey. Analysts put this decline as an indicator of the used aircraft market softening further with less customer interest.

Rockwell Collins' early year Business Aviation market outlook, meanwhile, seems to match up with recent market performance – weakening, with signs of further weakness. Whether the market bottoms out in 2018 as some forecasts indicate, remains questionable given the existing trends. realize if we look back to how things were in 2009.”

Back then, a steep decline in new airplane sales, and an even more-precipitous drop in used aircraft sales came about partly due to the withdrawal from business aircraft use billions of dollars in credit instruments, leaving countless prospective buyers with few, or no finance options. Simultaneously the used aircraft fleet ‘For Sale’ surged by more than 50%, growing by more than 1,000 units in 12months and the industry found itself with inventory far in excess of demand.

“The problem today,” offered a broker in the Southeast, “is that while the percentage of the fleet ‘For Sale’ may be back to historic norms, the pure numbers are not. When you count aircraft Advertising Enquiries see Page 4

The Alternative View

Nevertheless, investment advisers of various stripes see the business aircraft market as being poised to rebound, noting that the number of used aircraft has declined overall (but not consistently). After falling each year from 2009-2015, the numbers of aircraft ‘For Sale’ rebounded in 2016, but (so far) is trending downward again in 2017.

Several that AvBuyer spoke with about the business aircraft market expect a rebound to begin in another year or so. They are advising clients to consider investing now in aircraft OEMs, lest a business aircraft sales-rebound drives up share prices and makes those stocks more expensive.

These investment advisers see signs of GDP beginning to grow faster than recent forecasts and www.AVBUYER.com



“The problem today, is that while the percentage of the fleet ‘For Sale’ may be back to historic norms, the pure numbers are not.”

- Southeast Broker

July 2017 – AVBUYER MAGAZINE

37

Buying & Selling 1.qxp_Finance 20/06/2017 10:12 Page 3

BIZAV INTELLIGENCE T BUYING & SELLING

“The best thing going on right now is that what little is selling is at least selling a few days quicker than a year ago...”

recent performance (averaging about 2%). Should GDP growth accelerate, they expect business aircraft sales growth to follow; follow for both new and used sales.

But nobody is expecting a rapid shift in the trend lines for used aircraft sales until near the end of the decade, citing the inventory excess that's helped keep selling prices competitive.

“The best thing going on right now is that what little is selling is at least selling a few days quicker than a year ago,” offered the Southeast broker. “Second best: financing isn't the problem it was eight years ago, in part because cash is competing with lenders for the right to pay for many aircraft.”

Alternative Lift Options Weaken Demand

We all know about NetJets, FlexJets, and other sharedownership options. But what's different about FlyOtto and Wheels Up, and how are they impacting the used aircraft sales market? Essentially, FlyOtto and Wheels Up offer business travelers BizAv access without any ownership commitments.

FlyOtto offers low-cost, on-demand, short-notice charters, while Wheels Up offers membership access with low entry costs and low per-hour operating commitments. Both business models may actually be competing for customers with the used aircraft sales market, noted a couple of brokers.

“We had a prospect inquire about a helicopter or float plane to use commuting between his office in Lower Manhattan and his Long Island home – nearly three hours away in New York City's notorious traffic”, relayed the Southeast Broker. “Two 38

AVBUYER MAGAZINE – July 2017

weeks ago, after we had demonstrated what was possible with a relatively inexpensive Cessna Caravan on floats, he sent me a photo of him boarding an airplane for his flight home.”

The prospect had found what he needed, without the expense or commitment of buying and owning an airplane and paying a pilot. Although the broker didn't say what option the prospect had embraced, he did reveal the lost prospect “was satisfied with his new options and canceled any further shopping.”

But fear not, offered the Southeast broker. “That guy could be back. When people get a taste of travel by private aircraft it's often limited to the specific need they wanted to fulfill.

Those needs often change with time leading to a deeper level of commitment in their use of private aviation.

“I’ll guarantee you one thing: When he comes back, he's going to be a more knowledgeable shopper with a longer list of missions to consider. He will buy more than he originally considered – and we'll all be the better for it. It will take time, but this will happen to a lot of users of alternative lift options like FlyOtto and Wheels Up.”

In Summary

If current trends hold, returning prospects will still have plenty of options from which to choose, because the excess used aircraft inventory isn't going away quickly. So today, the buyers’ market is still as strong as it was eight years ago – and looks set to stay that way for the next few years. T

www.AVBUYER.com

Aircraft Index see Page 145

General Aviation July.qxp_Layout 1 19/06/2017 15:15 Page 1

Project1_Layout 1 27/06/2017 09:54 Page 1

Making the complex simple for over 50 years.

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.

2014 BOMBARDIER GLOBAL 5000 S/N 9586 • 503 Hours; 240 Landings • Pro Line Fusion Vision Flight Deck • Fully Programmed; RRCC, MSP Gold

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• 471.7 Hours; 315 Landings • ProParts, ProTech, ProPropeller • HALO 250 Gross Weight Increase

• 157 Hours; 80 Landings • Collins Pro Line Fusion Flight Deck • FAA and EASA Compliant

2009 BOMBARDIER CHALLENGER 605 S/N 5726

2017 BOMBARDIER GLOBAL 6000 S/N 9758

• 2,550 Hours; 1,108 Cycles • Engines & APU on Programs • RVSM Certification, TCAS 7.1

• New Delivery & Entry Into Service • Full Factory Warranty & Training • Jetcraft Owned Inventory

2010 BOMBARDIER CHALLENGER 605 S/N 5816

2008 BOMBARDIER GLOBAL XRS S/N 9236

• 1,285 Hours; 499 Cycles • 12 Passenger Configuration • ADS-B Out & RAAS Enabled

• 3,483 Hours; 1,344 Cycles • Low Lease Payments • Fully Programmed

Project1_Layout 1 27/06/2017 09:55 Page 1

AI RC R AF T I N VE N TO RY

2007 BOMBARDIER LEARJET 45XR S/N 322

2006 GULFSTREAM G550 S/N 5094

• 2,440.6 Hours; 2,073 Landings • Full Program Coverage • ATG-5000 WiFi

• 10,902 Hours; 3,658 Cycles • Engines & APU on MSP • CPDLC & FANS 1/A

2008 CESSNA CITATION SOVEREIGN S/N 680-0250

2008 HAWKER 400XP S/N RK-0552

• 1,810 Hours; 1,116 Cycles • Fully Programmed • Like New Cabin Interior Condition

• 2,544 Hours; 2,254 Landings • Engines Enrolled on ESP Gold • Currently Operated EU OPS 1

2009 DASSAULT FALCON 7X S/N 46

2005 SIKORSKY S-76C+S/N 760583 S

• 3,888 Hours; 994 Landings • Fresh C Check and New Interior 2016 • Full EASy II Upgrades

• 2,229 Hours; 5,773 Cycles • Enrolled on SBH Privilege • 6 Passenger VIP Configuration

2013 DASSAULT FALCON 900LX S/N 273 • 1,142 Hours; 474 Landings • WAAS/LPV, ADS-B Out & FANS 1/A • Swift Broadband HD-710 WiFi

2008 GULFSTREAM G150 S/N 0261 • 3,950 Hours; 2,679 Cycles • Enrolled on JSSI Tip-to-Tail • 96 Month Check Done in Nov 2016

I N FO @ JETC RAF T. CO M

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Buying & Selling 2.qxp_Layout 1 19/06/2017 15:53 Page 1

BIZAV INTELLIGENCE T MARKET ANALYSIS

Used Aircraft Sales Trends

A

A Word on Used Jet Values…

While Large Jet and Midsize Jet values continue to decline, the Vref Light Jet Index has remained constant over the past two quarters. The Vref Large Jet, Midsize Jet and Late Model Midsize Jet Indices decreased minimally, while the Late Model Large Jet Index fell by 7%.

The table (right) depicts the percent change for 2017 Volume 2 Vref Values over 2016 Volume 2 and 2017 Volume 1 Vref Values, while also representing the total number ‘For Sale’ and the percent of fleet ‘For Sale’ for the corresponding times (both from JETNET). T More information from www.vrefonline.com

42

AVBUYER MAGAZINE – July 2017

43

9%

-5%

48

10%

2013 Eclipse 550

-8%

3

13%

-4%

4

14%

2010 Phenom 100

-10%

36

11%

-2%

43

13%

2010 Learjet 40XR

-20%

12

13%

-6%

12

13%

2010 Citation CJ2+

-5%

24

11%

-1%

19

8%

+/- SINCE Q1 2017

-13%

% FLEET FOR SALE

2010 Citation Mustang

MODEL

# FOR SALE (MAY 2016)

% FLEET FOR SALE

mong the new aircraft that have either recently been released, or soon will be, the Cirrus Vision Jet just received its FAA Production Certificate. The HondaJet is making its first appearances in China and Middle East. Embraer delivered its first Phenom 100EV. The Falcon 8X was released on schedule with its first deliveries occurring in 2016.

Additionally, the Pilatus PC-24, Gulfstream G500 and Cessna Citation Longitude are all on schedule to receive certification and first deliveries this year. The Bombardier Global 7000 and Gulfstream G600, meanwhile, are set to achieve certification and first deliveries next year.

On top of all the new aircraft that have either just been released or are going to be released soon, there is still more excitement.

There are new avionics innovations, updates/upgrades, ADS-B, and P&I options. And there is renewed confidence in the Business Aviation market. The activity and interest in Business Aviation continues to grow during 2017, and now we are hoping for the enthusiasm to carry throughout the year.

+/- SINCE Q2 2016

There is a plethora of exciting new things happening in the Business Aviation world says Fletcher Aldredge, Vref - with much to be excited about at this time. Here’s why…

# FOR SALE (APRIL 2017)

(Q2 2017)

LIGHT JETS ‘FOR SALE’ COMPARISON

LIGHT MIDSIZE JETS ‘FOR SALE’ COMPARISON 1990 Citation III

-1%

35

19%

-1%

34

18%

1992 Citation VII

-5%

21

18%

0%

13

11%

1990 Astra SP

-10%

5

15%

-10%

10

30%

1990 Falcon 200

-3%

8

29%

0%

5

19%

1990 Hawker 800A

-19%

51

23%

0%

50

23%

1993 Learjet 60

-11%

40

13%

0%

48

16%

LATE MODEL MIDSIZE JETS ‘FOR SALE’ COMPARISON 2010 Gulfstream G200

-21%

41

17%

-7%

28

11%

2010 Citation XLS+

-8%

17

8%

0%

19

8%

2010 Citation Sovereign

-11%

27

8%

-3%

32

9%

2010 Challenger 300

-13%

37

8%

-3%

33

7%

2010 Challenger 605

-19%

28

10%

-5%

21

7%

LARGE JETS ‘FOR SALE’ COMPARISON 1990 Challenger 601-3A

-10%

15

11%

0%

19

15%

1990 Falcon 50

-6%

27

12%

-6%

19

9%

1990 Falcon 900

-5%

20

11%

0%

17

10%

1990 Gulfstream GIV

-13%

21

12%

0%

19

11%

LATE MODEL LARGE JETS ‘FOR SALE’ COMPARISON 2010 Global 5000

-17%

24

11%

-5%

19

9%

2010 Falcon 7X

-18%

27

11%

-4%

31

12%

2010 Falcon 900EX

-18%

12

10%

-5%

13

11%

2010 Legacy 650

-35%

14

16%

-9%

15

16%

2010 Gulfstream G550

-23%

30

6%

-11%

34

6%

2010 Gulfstream G450

-24%

29

9%

-7%

30

9%

www.AVBUYER.com

Aircraft Index see Page 145

Boutsen July.qxp_Layout 1 19/06/2017 15:17 Page 1

Avjet FP May.qxp_Layout 1 26/04/2017 16:15 Page 1

Avjet FP June.qxp_Layout 1 25/05/2017 10:09 Page 1

Jetnet July.qxp_Layout 1 21/06/2017 10:34 Page 1

BIZAV INTELLIGENCE T MARKET ANALYSIS

Financed vs. Cash New & Used Jet Transactions

TABLE A - FLEET FOR SALE COMPARISON IN-OPERATION FLEET

# ‘FOR SALE’

FLEET % ‘FOR SALE’

YoY BALANCE (PTS)

MARCH 2017

21,235

2,370

11.2%

-0.5 pt

MARCH 2016

20,744

2,431

11.7%

+0.4 pt

MARCH 2015

20,170

2,276

11.3%

-0.8 pt

MARCH 2014

19,620

2,369

12.1%

-1.0 pt

MARCH 2013

19,036

2,494

13.1%

-0.7 pt

MARCH 2012

18,590

2,559

13.8%

-0.6 pt

MARCH 2011

18,031

2,603

14.4%

-1.2 pt

MARCH 2010

17,280

2,696

15.6%

-1.8 pt

MARCH 2009

16,480

2,857

17.4%

+5.9 pt

MARCH 2008

15,378

1,762

11.5%

+0.2 pt

MARCH 2007

14,297

1,616

11.3%

-1.1 pt

MARCH 2006

13,526

1,676

12.4%

-0.6 pt

MARCH 2005

12,909

1,678

13.0%

0.0 pt

SOURCE: JETNET Star Reports

46

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

The new and used business jet markets have enjoyed a great start to 2017, according to JETNET data. Mike Chase and Marj Rose examine the trends for Finance- versus Cash-based aircraft retail transactions…

O

ne of the metrics often scrutinized to help gage the health of the used aircraft sales market is the fleet percentage ‘For Sale’. These percentages have steadily declined, largely due to the fact that the total fleet has grown (i.e. more new business jets have been built, with fewer retirements).

Nevertheless, the number of business jets ‘For Sale’ has also come down. In March 2017, there were 2,370 (11.2% of the fleet) jets for sale, compared to 2,857 (17.4%) in March 2009 (see Table A, left).

Also shown in the table, March 2017 showed the lowest Fleet Percentage ‘For Sale’ (11.2%) since March 2005, however, the market is still a “buyer’s market” (>10%).

Aircraft Index see Page 145

Jetnet July.qxp_Layout 1 21/06/2017 10:37 Page 2

“There’s been little change in the percentage of Financed business jets since the start of the economic meltdown...”

CHART A USED BUSINESS JET FULL RETAIL SALE TRANSACTIONS US FAA FINANCIAL DOCUMENTS FINANCED vs. CASH* AS OF 1ST QTR 2017 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%

Advertising Enquiries see Page 4

25% FINANCED CASH*

75% 2

50% F DATA BASED ON THE 4 QUARTER TOTAL MOVING AVERAGE

Q3 2016

Q4 2015

Q1 2015

Q2 2014

Q3 2013

Q4 2012

Q1 2012

Q2 2011

Q3 2010

Q4 2009

Q1 2009

Q2 2008

Q3 2007

Q4 2006

Q1 2006

Q2 2005

Q3 2004

Q4 2003

Q1 2003

Q2 2002

Q3 2001

5

Q4 2000

Finance vs. Cash Transactions

CHART B NEW BUSINESS JET FULL RETAIL SALE TRANSACTIONS US FAA FINANCIAL DOCUMENTS FINANCED vs. CASH* 2 AS OF 1ST QTR 2017 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%

C FINANCED

S

28%

D

CASH*

72%

START OF ECONOMIC MELTDOWN

Q3 2016

Q4 2015

Q1 2015

Q2 2014

Q3 2013

Q4 2012

Q1 2012

Q2 2011

Q3 2010

Q4 2009

Q1 2009

Q2 2008

Q3 2007

Q4 2006

Q1 2006

Q2 2005

Q3 2004

Q4 2003

Q1 2003

Q2 2002

Q3 2001

DATA BASED ON THE 4 QUARTER TOTAL MOVING AVERAGE

Q4 2000

Used Jet Market: The percentage of Financed versus Cash used jet transactions was roughly split 50/50 between 2000 and September 2008. Then in late 2008 (the beginning of The Great Recession), securing debt financing for used aircraft became more of a challenge for buyers.

Thus, the pendulum swung in favor of Cash as the primary method of used jet transactions.

Today the ratio of Financed versus Cash transactions for used business jets stands at 25% Financed versus 75% Cash, based on JETNET’s findings from financial documents filed with the FAA in Oklahoma City. There’s been little change in the percentage of Financed business jets since the start of the economic meltdown from 2009 to present (see Chart A, right).

New Jet Market: Today, the new aircraft segment is 28% Financed and 72% Cash, closely mirroring the used market. Chart B, right, shows that new business jet transactions are tracking a downward movement from an 80% Cash purchase level in 2000 to slightly below 60% in the Q4 2004.

Since that low point, new business jet Cash purchases continued to climb back up quickly to the 70% mark and held steady throughout the 

START OF ECONOMIC MELTDOWN

C

SOURCE: JETNET; Presentation and Analysis by Chase & Associates *FAA registered aircraft without debt instruments or lease are presumed to be cash

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July 2017 – AVBUYER MAGAZINE

47

Jetnet July.qxp_Layout 1 21/06/2017 10:37 Page 3

BIZAV INTELLIGENCE T MARKET ANALYSIS

TABLE B - FINANCED vs CASH SNAPSHOT - US MARKET ONLY

NEW J ET PU RCHA SE S

USED JET PUR C H ASES

PERIOD

FINANCED

CASH

TOTAL

PERIOD

FINANCED

CASH

TOTAL

1st Qtr 2008*

211

616

827

1st Qtr 2008*

741

831

1,572

%

26%

74%

100%

%

47%

53%

100%

1st Qtr 2017*

115

300

415

1st Qtr 2017*

446

1,309

1,755

%

28%

72%

100%

%

25%

75%

100%

CHANGE

-96

-316

-412

CHANGE

-295

478

183

% CHANGE

-45%

-51%

-50%

% CHANGE

-40%

58%

12%

* Data i s b a sed on the 4 Q tr tota l m ov i ng avera ge.

S O U R CE : JE TNE T; A NA LYS I S BY C H A S E & A S S O C I ATE S

Great Recession. In 2010 it increased to the high point of 80% Cash before turning downward again to 70% Cash vs. 30% Financed.

Financed vs. Cash Snapshot

Table B compares 1st Qtr 2008 (pre-recession) with Q1 2017 to provide a more detailed view of Financed vs. Cash purchases.

One can see the trend of more Cash transactions that have taken place in business jet transactions since the economic total meltdown.

During 1st Qtr 2008, there were 1,572 total used jet transactions completed (total moving average) with 47% (741) Financed and 53% (831) purchased with Cash. During 1st Qtr 2017, the number of used business jet transactions Financed declined to 446 of the 1,755 transactions for the quarter (total moving average), which was also an overall increase of 12% more transactions (1,755/1,572).

This comparative data clearly shows that there is a shift toward more cash transactions than financed with a 25%/75% split in 1st Qtr 2017.

However, new business jet transactions showed the same percentage split for Financed (26%) and Cash (74%) in both years’ 1st Qtr snapshot. Overall, there were fewer transactions (415 in 1st Qtr 2017 vs. 827 in 1st Qtr 2008 (-45%)). This comparison data clearly shows that there were fewer Financed and Cash transactions overall, but with a higher number and percentage of Cash transactions with a 28%/72% split in 1st Qtr 2017.

In Summary

Since the economic meltdown, regulators have increased their scrutiny of banks, who have in turn increased their due diligence processes for customers seeking business aircraft loans. This is a different environment today compared to the free-wheeling days before the recession. Accordingly, a buyer 48

AVBUYER MAGAZINE – July 2017

should expect the bank’s due diligence to be more penetrating today.

This could be one of the underlying reasons for the shift toward Cash transactions since the recession. Other reasons could be the higher deposits required, as well as personal loan guaranty from company executives.

Debt financing for used business jets is available today.

There were over 50 banks and financial institutions that processed and filed used jet debt instruments (not including leases) in Q1 2017. Security Agreements were used in the majority of the financial transactions recorded in Q1 2017 followed by Mortgages and Chattel Mortgages.

We have heard from many aircraft finance professionals that financing is certainly available today for business aircraft.

As we continue moving through these unprecedented economic waters, there’s no doubt that buying patterns, and the means of purchasing assets like business aircraft will continue to be affected.

We will continue to keep you updated in future JETNET >>Know More reviews. T

Mike Chase (president, Chase & Associates) and Marj Rose (president, MarketLift), offer highly sought-after aviation market research expertise.

Contact them via mike@avbuyer.com or MRose@market-lift.com.

JETNET, meanwhile, the ultimate source for information & intelligence on business and commercial aircraft worldwide, can be contacted via www.jetnet.com.

www.AVBUYER.com

Aircraft Index see Page 145

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Avionics 1 July2017.qxp_Finance 20/06/2017 12:37 Page 1

FLIGHT DEPARTMENT T AVIONICS

Countdown to ADS-B (Out) Compliance (Part 3 of 3)

Over a set of three articles, Ken Elliott addresses Automatic Dependent Surveillance, Broadcast

mode, less than three years before the equipage requirement comes due.

e started this series addressing equipage rates, summarizing the technology, data sources and operational requirements, before exploring the technical aspects of ADS-B that are interesting to flight departments.

This final article in the series takes a closer look at the worldwide implementation and operational differences of ADS-B, beginning with a definition of the Automatic Dependent Surveillance variants you might come across…

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•

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56

ADS-B Out 1090 MHz data link (Extended Squitter (ES)): The most frequent version of broadcast data and TIS-B services, typical for turboprop and turbine aircraft.

ADS-B Out 978 MHz data link (UAT): The most frequent version of broadcast data and FIS-B services, typical for light General Aviation aircraft.

AVBUYER MAGAZINE – July 2017

•

ADS-B Out dual 978 MHz and 1090 MHZ data link: A popular mix of both ADS-B Out data link variants.

• ADS-B In: An ability to monitor other aircraft using your onboard ADS-B equipment and receive no cost TIS-B/FIS-B air traffic information as an optional data service.

• ADS-C: A satellite-based contracted service for areas outside of regular ADS-B Out coverage.

• ADS-R: A ground based rebroadcast service for aircraft using ADS-B In to monitor aircraft using the ADS-B Out data link variant (i.e., 978 MHz or 1090 MHz) that they are not using.

• ADS-B NRA & RAD: A EUROCONTROL designation separating ADS-B coverage in non-radar covered (NRA) and radar covered (RAD) airspace.

• ADS-B APT: A EUROCONTROL designation separating ADS-B airport surface coverage.

• ADS Space-Based: A future service, currently under evaluation and test, for worldwide surveillance and tracking.

The mandated variants of ADS-B are the Out variants. Depending upon your operational requirements and class-of-airspace needs, either or

www.AVBUYER.com

Aircraft Index see Page 145

Avionics 1 July2017.qxp_Finance 20/06/2017 12:37 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

Gulf of Mexico Expansion: This air traffic service addresses specific Gulf of Mexico water and coastal surveillance coverage over areas that previously were not possible using radar. This service is of benefit to oil platform helicopter operators and others that may be flying within the covered airspace where traffic is heavy.

Aircraft flying at high altitude over the Gulf can be separated by only 5nm instead of the existing 100. Also, aircraft no longer need to be re-routed over land during weather diversions, thereby saving significant operating costs in both fuel and time.

High altitude (above FL280) ADS-B coverage is anticipated over the entire Gulf during 2017. FAA and SENEAM (The Mexican air navigation service provider) are working as partners to install ADS-B ground stations on Mexican territory, thereby completing the coverage.

Airport Surface Surveillance Capability (ASSC): Deployment of Airport Surface Detection Equipment (ASDE-X), currently installed at around 35 commercial airports, enables real-time monitoring of surface movement during most weather conditions. ASDE-X coverage includes ground vehicle movements, taxi, departure and arrival traffic out to a few miles from the airport.

both 978 MHz and 1090 MHZ variant may be implemented to comply with the 2020 rule. By default, ADS-C will be required by specific operators complying with Controller Pilot Data Link Communications (CPDLC) - Future Air Navigation System (FANS) requirements for oceanic and remote flight track operations.

Critically, anyone needing to operate an aircraft in ADS-B monitored airspace outside of the United States will be required to use the ADS-B Out 1090 MHz data link variant (this is predicated on the use of a Mode S transponder). Apart from an eight-station chain of ADS-B ground stations serving specific General Aviation operators over a 1,200nm stretch of Central China, only the US utilizes ADS-B Out 978 MHz data link services and only in limited classes of airspace below 18,000ft.

For most corporate operators, it would be wise to ensure the ADS-B Out 1090 MHz data link variant is installed.

Air Traffic Control ADS-B

Largely unrealized by the flying community is the direct use of ADS-B by air traffic control (ATC).

The ATC version of ADS-B equates to those airborne operators that have the capability to utilize ADS-B In TIS-B features, such as seeing and tracking other aircraft, including surface movement.

US based air traffic services using ADS-B include: Advertising Enquiries see Page 4

Wide Area Multilateration (WAM): This system is a groundbased surveillance service in areas where radar coverage is inadequate. WAM is located throughout Colorado, in Juneau, Alaska and at a dedicated support sensor at Charlotte (CLT).

ATC uses WAM to facilitate aircraft separation.

ADS-B for Spacing & Separation

As an additional set of ATC tools, both FAA and EUROCONTROL have initiated the use of ADS-B for aircraft spacing and separation. EUROCONTROL designates this service as Airborne Traffic Situational Awareness (ATSAW), with its sub-services to include: • • • •

ATSAW In-Trail Procedure in oceanic airspace (ATSAW ITP) ATSAW Visual Separation in Approach (ATSAW VSA) ATSAW during Flight Operations (ATSAW AIRB) ATSAW on the Airport Surface (ATSAW SURF)

The term ATSAW is also linked to ADS-B In, as pilots can self-separate using all the resources provided on the ADS-B In displays.

The FAA is creating Advanced Surveillance Enhanced Procedural Separation (ASEPS) that will improve oceanic services for both ADS-C and the future Space Based ADS-B. It will allow ground controllers to provide separation and manage oceanic flights. Space-Based ADS-B may be enabled on ATOPs (Advanced Technologies and Oceanic Procedures) in 2020.

www.AVBUYER.com

Continued on page 60

July 2017 – AVBUYER MAGAZINE

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Avionics 1 July2017.qxp_Finance 20/06/2017 12:38 Page 3

FLIGHT DEPARTMENT T AVIONICS

Advisory Services En-Route Service Volumes Current as of October 2015

ADS-B Coverage

For the US, aside from the lower 48 states, coverage includes Hawaii, Alaska, Guam, San Juan, and the Gulf of Mexico (see map above).

For areas falling under EUROCONTROL there are over 750 ADS-B ground stations located in the following 28 nations: Armenia, Austria, Azerbaijan, Bulgaria, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Georgia, Greece, Iceland, Ireland, Italy, Latvia, Netherlands, Norway, Poland, Portugal, Romania, Slovak Republic, Spain, Sweden, Turkey, UK and Ukraine. Norway, Iceland and Portugal have begun ATC operations utilizing ADS-B. Australia provides air traffic services using ADS-B, and since February 2017 has required its use for all flights operating under IFR. In Canada, ADS-B implementation is benefit-based, providing ADS-B air traffic services over the Hudson Bay, Greenland and specific airspace over the Atlantic Ocean.

Canada has yet to publish an ADS-B mandate.

ADS-B implementation is underway in Africa, currently throughout seven nations including Congo, Ethiopia, Guinea, Liberia, Namibia, Sierra Leone and South Africa. Likewise, ADSB implementation is underway in Central and South America, namely in four nations; Brazil, Peru, and Trinidad & Tobago. In Brazil, the initial implementation will focus on the helicopter oil & gas operations within the Campos Basin.

China has a specific three-phase plan for implementing 60

AVBUYER MAGAZINE – July 2017

ADS-B, as presented to ICAO in December 2015: • Phase 1: CAAC will provide ADS-B Out service in some core airspace and routes, especially in Non-Radar Surveillance routes throughout West China and the South China Sea. Commencing at the end of 2017, coverage will be provided by 310 ground stations; • Phase 2: ADS-B Out will be promoted and evaluated for safety aspects, between 2017 and 2020; • Phase 3: From 2020 to 2025, a comprehensive nationwide ADS-B service will be constructed.

Elsewhere within Asia, Oceania and the Middle East, ADS-B coverage is underway in 19 other nations, including Afghanistan, Hong Kong, Fiji, India, Indonesia, Japan, Kuwait, Kyrgyzstan, Malaysia, New Zealand, Philippines, Qatar, Saudi Arabia, Singapore, Taiwan, Tajikistan, Thailand, UAE and Vietnam.

It should be noted that many countries plan to maintain existing radar coverage while using ADS-B to fill in the gaps as well as for providing added backup and not fully relying on satellite-based technology.

ADS-B Requirements

European Regulation (EU) No 1208/2014 amends an earlier regulation (1207/2011) outlining requirements for the performance and interoperability of surveillance under the

www.AVBUYER.com



Aircraft Index see Page 145

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Avionics 1 July2017.qxp_Finance 20/06/2017 12:42 Page 4

FLIGHT DEPARTMENT T AVIONICS

Single European Sky (SES) program. For ADS-B, this requires all aircraft operating under IFR within Europe to be compliant with Mode S Elementary Surveillance. However, for aircraft having a Maximum Take-Off Weight (MTOW) greater than 5,700kg (12,500 pounds) or a maximum cruising True Air Speed (TAS) greater than 250kts, they must be compliant with both the Mode S Enhanced Surveillance and ADS-B Out requirements.

Compliance was mandated for January 2015 applicable to new build, and for December 2017 covering retrofit, with special provisions (including exemptions) for State aircraft.

Amended rule 128/2014 pushes dates back, to align with US requirements.

For Europe, Mode S (enhanced surveillance) transponders (required for ADS-B 1090 MHz data link variant) are to be operational by December 7 this year (2017) and the overall ADS-B Out equipage operational by June 7, 2020, a few months after the FAA requirement. For in-production aircraft the requirement for ADS-B Out already exists, since June of 2016.

Interestingly, for ADS-B NRA areas, the transponders must be to DO260B status and DO260A for ADS-B RAD areas (both covered in the previous article). As in the case of US commercial carriers, some partial exemptions will exist within EUROCONTROL airspace, where certain aircraft may be permitted to operate with an incomplete set of ADS-B Out parameters (data) being transmitted from the aircraft.

Furthermore, in both the US and under EUROCONTROL, individual air traffic control centers may permit noncompliant aircraft to fly within their jurisdiction on a case-by-case basis, given sufficient notice prior to dispatching the flight. This may apply to aircraft that are not yet operational or that have developed a fault with their Transponders/ADS-B Out equipment.

For Australia, the local rule mandates ADS–B Out for upper airspace (≥FL290) from December 2013 and applied to all aircraft operating under IFR rules to be equipped with 62

AVBUYER MAGAZINE – July 2017

ADS–B Out by February 2, 2017. Some additional Australian implementation dates and functional areas are: • From 2016, within Western Australia airspace, Class A, B, C or E, under IFR and within the arc of a circle that starts 500nm true north from Perth aerodrome and finishes 500nm true east from Perth Airport, aircraft must carry serviceable and compliant ADS–B equipment.

• From February 2017, any aircraft over 12,500 pounds that is first registered before February 6, 2014 and operating under the IFR must carry serviceable and compliant ADS–B equipment. Those aircraft below 12,500 pounds have until January 1, 2020 to comply.

• Australia has guidance NFRM 1305AS and CASA 61/14 for the use of ADS–B in foreign registered aircraft engaged in private operations.

In Hong Kong, the use of ADS–B Out is required: • From December 31, 2013 for aircraft flying over Performance-Based Navigation (PBN) routes L642 or M771 between FL290 and FL410; and • After December 31, 2014 for aircraft flying within Hong Kong FIR between FL290 and FL410.

In Singapore, the use of ADS-B Out was required from December 12, 2013 within certain areas of the Singapore FIR (≥FL290).

Brazil has decided to mandate ADS-B Out from 2022 onwards and only above 31,000 ft. Departamento de Controle do Espaço Aéreo (DECEA) is the responsible authority.

China has a specific delayed ADS-B mandate for the Taipei FIR on January 1, 2020 (applicable only to aircraft flying at or above FL290 within the Taipei FIR). Other nations, in general, follow the lead of ICAO’s Global Plan Initiatives and Aviation System Block Upgrade (ASBU). Typically, for initial implementations, ADS-B is required on certain airway segments and at, or above, defined altitudes.

www.AVBUYER.com

Aircraft Index see Page 145

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Avionics 1 July2017.qxp_Finance 20/06/2017 12:42 Page 5

FLIGHT DEPARTMENT T AVIONICS

ADS-B Data

The data portion of an ADS-B message construct consists of elements, including: • • • • • •

Aircraft Identification; Surface Position; Airborne Position (with Baro Altitude); Airborne Velocities; Airborne Position (with GNSS Height); Reserved for Other Uses.

Each of these is in turn broken out into separate segments of information that are broadcast (as represented in the table, above).

Space-Based ADS-B

With an anticipated update rate of eight seconds, this virtual real-time service will include advanced aircraft tracking capability. Some future safety net capabilities of global space-based ADS-B will be: • • • • • •

To operate with ADS-B outside of US airspace, a Letter of Authorization (LoA) is required. For those installation approvals AVBUYER MAGAZINE – July 2017

The aircraft is to meet the minimum performance required to transmit ADS–B messages so separation standards can be applied; and The flight crew must be qualified to operate the equipment within the ADS–B airspace.

In Summary…

There is wide interest in space-based ADS-B. For example, Russia recently signed an agreement with Aireon, a US company, that specializes in the technology. Aireon is placing ADS-B receivers on the Iridium NEXT constellation of 66 Low Earth Orbit (LEO) satellites, intended to relay signals from all ADS-B equipped aircraft to controllers worldwide.

Upcoming requirements for more frequent interval distress tracking are propelling the need for reliable solutions. Aireon, in conjunction with FlightAware, is just one of the teams working toward this goal.

64

• •

Cleared Level Adherence Monitoring (CLAM); Danger Area Infringement Warning (DAIW); Minimum Safe Altitude Warning (MSAW); Predicted Level Mismatch (PLM); Route Adherence Monitoring (RAM); Short-Term Conflict Alert (STCA).

Approval to operate ADS-B Out

that were not based on Supplemental Type Certificates (STCs), such as Field Approvals, it is recommended to seek the advice of your installing facility regarding the international operational approval of the system before undertaking the upgrade, to ensure there will be no roadblocks later. This should be a consideration for aircraft that are likely to be exported later when it becomes time to sell.

For Europe, it appears that for now no specific operational approval outside of the LoA is required. However, things could alter before June 2020.

In Canada, there is some complexity surrounding ADS-B operations. Transport Canada has approved ADS–B for 5nm separation standard in non-radar airspace (ADS-B Out NRA).

Operators intending to use ADS-B where it is available must have approval from Transport Canada, and they must advise NAV CANADA (a separate entity) that they have Transport Canada approval. Two operating conditions must be satisfied:

From an operations perspective, ADS-B Out (and In) is constantly changing in both coverage and its requirement. Its benefits are expanding with the speedy implementation of space-based ADS-B, not least because of the need to track aircraft over remote regions and for other good reasons.

There are, however, privacy concerns centered on broadcasted data and the ability for anyone to monitor aircraft movement worldwide. This concern does need to be appropriately addressed, along with equally valid issues of satellite redundancy and interference. Both areas are subjects of focus shared by the Performance Based Navigation (PBN) community.

However, ADS-B has an exciting future with all sorts of applications on the drawing board. At a minimum, it will morph into a powerful surveillance tool way beyond its current capability, serving to support several related technologies operating in the aviation arena. T

www.AVBUYER.com

Aircraft Index see Page 145

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2008 Lear 60XR • s/n 331

7500 TT • 4850 TC • Engines on MSP Gold, ATG 5000 WIFI • FAR 135 ready

Only 1775 TT • Airframe and Engines on programs • N registered Bombardier Maintained • One Owner • No Damage History

FT. LAUDERDALE

CHARLOTTE

SÃO PAULO

LONDON

1120 NW 51st Court Ft. Lauderdale, FL 33309 USA

19545 Greentree Way, Suite A Cornelius, NC 28031 USA

AV Copacabana 177-Alphaville 06453-041-São Paulo-Brazil

Conway House - Cranfield MK43 0FQ - United Kingdom

Tel: +1 (954) 377-0320 Fax: +1 (954) 377-0300

Tel: +1 (704) 990-7090 Fax: +1 (704) 990-7094

Tel: +55 (11) 3588-0311

Tel: +44 (1234) 817-770

(Invoicing/Contracting Address)

OFFICES WORLDWIDE

11:24 AM

Connectivity July2017.qxp_Finance 19/06/2017 15:48 Page 1

FLIGHT DEPARTMENT T CONNECTIVITY

Top Tips When Shopping for Aircraft Connectivity 66

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145

Connectivity July2017.qxp_Finance 19/06/2017 15:49 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 footlaunched wings to combat jets. Contact him via Dave@avbuyer.com

So Many Options, So Many Terms, So Much Potential for Buyer Confusion…

When shopping for what was once a limitedoption product, today’s aircraft owners and operators must wade through pages of online reviews and brochures for aircraft cabin connectivity solutions, notes Dave Higdon. Here’s how they can cut through the plethora of information to find the best fit for their aircraft. ew areas of Business Aviation suffer a lack of options designed to address a need.

That’s certainly true when the discussion turns to aircraft connectivity (specifically Satcoms).

There are multiple service providers, some of whom offer overlapping packages that draw on multiple satellite solutions. It's enough to make some people long for a return to the halcyon days of deciding between installing or not installing an in-flight phone.

To address a common question in today’s Business Aviation market, AvBuyer spoke with a variety of users with experience in selecting satellite communications systems in aircraft they operate.

What are the important questions to answer, and what features are likely to make a difference? The result of those discussions is the following five popular tips for shopping and selecting Satcom systems and services.

F

Tip #1: What’s Your Budget?

The traditional starting point for so many investment decisions is to know your budget, which will help you avoid wasting time looking at options that are clearly beyond your means, while simultaneously opening the door to options you incorrectly thought too costly.

Because of the multiple elements involved, putting together a budget for Satcom in many ways parallels the general budgeting process for buying the airplane originally. In essence, it involves two related but separate sets of numbers.

• The first and most obvious consideration involves the price of purchasing and installing the Satcom system. You may know nothing of these costs at the beginning of the search – but you'll quickly become aware.

Advertising Enquiries see Page 4

www.AVBUYER.com

•

The second (and no-less-important) consideration is the running costs of the services on your shortlist, and how they're priced.

Similar to the aircraft itself, purchasing the system is just the start. Once delivered and operating you'll need to understand the ongoing, recurrent cost of the services. Of course, it pays to be aware that flexibility comes into play. Maybe your budget will pay for more system than you considered. Either way, be ready to re-examine your budget as new data come in.

Tip #2: What Are The Geographic Limitations?

While many customers automatically equate ‘satellite’ with ‘global’, not all Satcom systems operate equally in all parts of the globe. Some systems may not be licensed to function legally with satellites in various parts of the world.

Further, not all satellite-based systems provide coverage for the entire globe. These satellites generally are parked in geostationary orbit to cover a specific swath of the planet – which will not be a problem for operators who fly exclusively within the boundaries of such services, but is an obvious shortcoming for international operators once they fly beyond the coverage limits of their satellite-service providers.

Other systems employ multiple satellites circling the planet in overlapping orbits with the pattern designed to reach virtually every inch of the planet's surface; they may or may not offer services outside their home markets. But you may have options when dealing with such global providers.

Tip #3: What Are Your Bandwidth Needs?

You are advised by those we surveyed to be liberal when assessing your bandwidth needs and estimating how much your chosen Satcom system will be utilized. Allow for extra use. Experience shows that users tend to expand their activities after initially underestimating their access to the aircraft's Satcom system’s capabilities. Think of common experience with smartphone data limits.

Typically, early smartphone users generally metered their surfing and texting to stay within tight bounds on data use – with hefty penalties for exceeding the published limits. Often, those users  July 2017 – AVBUYER MAGAZINE

67

Connectivity July2017.qxp_Finance 19/06/2017 15:49 Page 3

FLIGHT DEPARTMENT T CONNECTIVITY

quickly found themselves inadvertently exceeding their data package limits and facing hefty fees.

It wasn’t a lot different with users of early Satcom systems. But much like cellphone service providers who increasingly offer unlimited or flat-rate service packages, Satcom providers have found that raising limitations on bandwidth and data use is profitable, helping them retain customers – and attract new ones. Nevertheless, be sure not to underestimate your needs before signing up for a package.

Tip #4: What Services Do You Need?

Satcom can encompass a wide range of telecommunications services between aircraft, the satellites, and people and facilities on the ground.

Over the past two decades we've seen rapid evolution in aircraft connectivity services. Today Satcom services encompass everything we're doing on the ground.

While today's Satcom providers increasingly offer the full spectrum of capabilities, weigh your preferences to maximize the chance of finding a system or package tailored to meet the needs you’ve defined. Ability for passengers to use their personal phones, tablets or notebook computers connecting through the Satcom system is increasingly considered a standard feature by Business Aviation passengers.

Finally, a robust Satcom system installed in the aircraft may also offer a gateway to a host of in-flight entertainment options. And IFE capabilities can include a variety of cabin options, from large-screen television to moving-map route maps and weather displays, to exterior cameras and online downloaded movies or on-board CD players.

68

AVBUYER MAGAZINE – July 2017

Tip #5: How Important is Security to You?

“...you'll want to be sure the system you pick uses the most effective security available.”

www.AVBUYER.com

What can be hacked on the ground can be hacked in-flight, say the experts. Even powering down the entire aircraft isn't iron-clad protection against the on-board system suffering an unauthorized intrusion into the aircraft's Satcom hardware.

From software to protect against worms, malware and more, to hardware and software firewalls and other digital forms of protection, you'll want to be sure the system you pick uses the most effective security available. Then you'll want to obtain assurance that those protections are themselves protected and upgraded often enough to thwart would-be aggressors.

Robust password protections and multiple layers of protection are not reliable unless they are kept up to date. And if the airborne office allows connections to the ground-based computers, you're working to protect both potential vulnerabilities.

Bonus Tip: Shopping with your Aircraft in Mind

With each passing week more options seem to win approval for installations in more aircraft.

Business Aviation is approaching the point where even larger piston aircraft can enjoy the benefits of in-flight connectivity. But we're still at a point where not all options are available for all airframes.

So when the time comes to shop, start by seeking the options available for the aircraft you're flying (or plan to fly) by the time you expect to write the check for your Satcom capabilities. T

Aircraft Index see Page 145

Global Inflight Connectivity for All Ages

Pilots and passengers will appreciate the affordable, global inflight connectivity provided by AeroWave™ from BendixKing.

Crews will now have inflight access to global weather services, voice, text, email and their favorite connected aviation apps. Plus passengers will enjoy the ability to send and receive emails and text messages, browse simple web pages, make and receive phone calls and more.

AeroWave’s low-cost connectivity service plan is based on prepaid hours of use — not the amount of data used — so there are no billing surprises.

Airtime is only $40 USD per hour, and unlike other services it works at any altitude all over the world. It’s that simple.

Don’t leave your favorite apps on the ground anymore. Find out how to get globally connected today.

Voice

Global Weather

Email

Flight Tracking

Text

To learn more, call 1.855.250.7027, contact your local BendixKing dealer or visit aerospace.honeywell.com/AeroWave. © 2017 Honeywell International. All rights reserved.

BDK108281m_Aerowave_AvBuyer_205x270mm.indd 1

6/8/17 3:11 PM

Buying & Selling July17.qxp_Finance 19/06/2017 15:45 Page 1

FLIGHT DEPARTMENT T BUYING & SELLING

How to Successfully Sell Your Jet There will usually come a time when buyers of business jets become sellers, notes Aviation Director Andre Fodor. With that in mind, what does it take to be a successful seller? o be a successful seller, aircraft owners need to use all the experiences that helped them become savvy buyers of their current business jet. Beginning at Day One of ownership, they need to prepare for the time when they come to sell their aircraft.

In present market conditions (where new aircraft can be deeply discounted and there is a large inventory of aggressively-priced used jets for sale), having the best airplane with immaculate records and superb maintenance will assure you the best ratings on a prospective buyer’s list, and shorten the time to sell your aircraft.

That means flaws in the airplane’s DNA must be kept to a minimum.

T 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 for Johnsonville Sausage.

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AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Document, Document, Document!

If there have been minor incidents or unpredictable events, it's crucial to document their resolution with precise detail. As an example, I previously managed a large jet that required an engine to be removed for repair at 150 hours (since new), owing to an improperly installed gasket. This situation caused the engine times and cycles to disagree, and consequently the aircraft’s permanent records were blemished by an engine removal entry.

That minor anomaly alone would prompt questions and could be used against us during final pricing at the time of sale.

We minimized the impact by incorporating within the aircraft’s records a favorable statement from the engine OEM, plus borescope pictures providing accu rate and definitive explanations for the discrepancies.

With all that being said, advertising the airplane with mismatched engine times still decreased the number of calls received from prospective buyers trawling a market laden with bountiful inventory.

Aircraft Index see Page 145

Buying & Selling July17.qxp_Finance 19/06/2017 15:45 Page 2

Demonstrate Your Expertise

Once tasked with selling an immaculate Large Cabin jet with only 850 hours of total airframe time, I had to come to terms with the fact that one of the competing aircraft on the market was newer, had only delivery hours on its airframe, and was priced similarly.

After leaving the factory, it had been stored in a hangar for almost 15 months.

Even with an exceptional aircraft for sale, we needed to develop a ready list of reasons why our airplane would be a better choice for prospective buyers. This approach included alerting them that the maintenance manual required an aircraft ‘run-up’ every seven days in order to maintain the engine warranty/ program - and that a FADEC download was required regardless of aircraft usage every month.

Impressing upon the eventual buyer’s broker the importance of these procedures, I submitted our ‘run-up’ records together with the maintenance manual pages describing the upkeep requirements.

This documentation placed us in the number one spot on the buyer’s list. Having expertise in your aircraft type is a sure way to sway buyers that your jet is the right choice.

Consider also providing operational support during the buyer’s transition to the aircraft, actively helping with the transfer of maintenance programs and subscriptions to the buyer; perhaps even offering to oversee the initial operating experience of the new owner’s crew. Such “value added” can close a deal.

If, as a seller, you can add value through your expertise, you will place yourself in a favorable position as the preferred aircraft on the market.

Plan, Thoroughly…

Employ a Good Cleaner…

Having always approached aircraft cleaning as the cheapest and best form of corrosion prevention, I have found that a well trained cleaner can find small squawks ahead of maintenance inspections.

The cleaner literally touches every inch of the airplane’s surface and can find small paint blemishes and other easily corrected discrepancies before they deteriorate.

Needless to say, cleaning will also keep the airplane looking and feeling new and extend exterior and interior value. Having a good quality cleaner will certainly help with the eventual sale process, and the cost vs. benefit is exponential.

Buying New? Consider a Trade

If you are purchasing a new aircraft to replace your existing asset, consider negotiating a trade with the eventual sale of the new acquisition in mind. Granted, the trade-in value may be less than what you would expect to get in the open market. The OEM will likely need to add some pricing cushion to offset their risk.

Nevertheless, a trade is a clean transaction that will eliminate the possibility of your aircraft languishing on the used market, along with amassing the cost of hangar charges and maintaining engine and maintenance programs.

Advertising Enquiries see Page 4

Planning when you expect to place your new aircraft can be very important. As an example, an aircraft I once managed was purchased for an ownership period of seven years. The appropriate years of maintenance were pre-purchased, a depreciation scheme built around the expected ownership period was planned, and an internal lease arrangement to improve taxation was tied-in.

Unexpectedly, the owner decided to upgrade to a different aircraf t two years later. The cost projections of the original plan fell apart as the asset had not been used for long enough to offset the loss in aircraft value.

As a consequence, we placed the aircraft on the market with a higher value than the market would bear. Over a painful 18month period, the price had to be drastically reduced before the asset finally sold, and we suffered a loss of all pre-paid main tenance investment because in most cases the arrangements were non-transferable.

In Summary

Have a realistic plan that addresses as many of the “what if’s” as possible. Seeking the optimum may lead only to disappointment.

A well-defined strategy prepares you to weather the challenges, and when graced with smooth sailings you will only have good news to bring to the boss—a goal everybody embraces. T

www.AVBUYER.com

July 2017 – AVBUYER MAGAZINE

71

Values Intro.qxp_Finance 20/06/2017 14:33 Page 1

FLIGHT DEPARTMENT T RETAIL PRICE GUIDE

Entry-Level & Light Jets Are you Seeking Flexibility at a Lower Cost Level?

Where performance and value are dominant factors for a mission need, remember this: there’s nothing lightweight about the value and flexibility of the Entry-Level & Light Jets.

A

s business jets increase in size from Entry-Level & Light jets to the low end of the Large Cabin models, six to eight seats generally remains the standard configuration across size-category lines. And while cabins increase in volume generally (enabling more productive workspace for those traveling longer distances), full-fuel payload doesn’t seem to grow proportionally in most cases.

As jets get bigger and heavier their runway needs increase, with no appreciable gain in how many people or equipment can fly – and thus we touch upon the key advantages of the Entry-Level & Light jet category - the value and flexibility offered to those who typically fly shorter legs.

Fully-fuelled, an Entry-Level or Light jet can often barely carry the typical passenger load of three persons, unless one or two of them doubles as a crew member. Nevertheless, with the average mission length below 750 miles and the nominal maximum-range of Light jets around 1,200 miles, the crew enjoys the option of flying lighter and saving fuel. Fueling for the mission with NBAA reserves allows larger cabin loads, making three or four - plus crew - possible.

The time difference between Entry-Level & Light jets and Large jets to fly a typical 75 0nm mission is small (about 10 to 12 minutes, overall) and is not a large time-saving for costs that may be considerably higher for the larger aircraft. Further, beyond these speed-range-payload operational basics, the Light jet crew will have the option of far more airports, often closer, more convenient and less expensive than what’s needed for the Medium and Large jets. Thus, it’s hard to escape the hea vyweight value of the Entry-Level & Light jet.

So what exactly is a Light jet? Today we consider a jet “light” when its MTOW falls between 10,000 and 20,000 pounds. About a decade ago the Light 72

AVBUYER MAGAZINE – July 2017

segment represented the bottom rung of the business jet ladder. That was before the Entry-Level Jets entered the market, differentiated by weights below almost everything ever built at less than 10,000 pounds.

Entry-Level & Light Jet Price Guide The following Entry-Level & Light Jets Retail Price Guide represents current average values published in The Aircraft Bluebook – Price Digest. The study spans a twenty year period, from 1998 through Summer 2017, and covers 33 models. Values reported are in US$m, with each reporting point representing the current average retail value published in the Bluebook by its correspon ding calendar year. For example, the Embraer Phenom 100 average value reported in the Summer 2017 edition of Bluebook shows $2.0 million for a 2009 model, $1.8 million for a 2008 model and so forth. www.AVBUYER.com



Note: For additional assistance and interest, Conklin & de Decker Performance and Specification data for these Entry-Level & Light Jet models can be referred to, beginning on page 76 of this issue.

Aircraft Index see Page 145

Corporate Concepts July.qxp 21/06/2017 10:30 Page 1

Corporate Concepts International, Inc. Gulfstream G-650

2016 Legacy 500

• All of the latest avionics and completion upgrades • Thirteen passenger plus crew rest • Delivery hours only – Manufacturer’s Warranties • Extreme high-end completion standard • For Sale or Lease – Some trades Considered • Call for photos, full details and floorplan

• Only 270 hours since new – Manufacturer’s warranty • Over $1,000,000 in options • Optional Ten passenger interior • Honeywell Ovation cabin management system with individual monitors • Latest avionics updates including FANS-1/A, ADS-B Out & EASA Link 2000+ • For Sale or Lease – Some Trades Considered

Gulfstream G-V – Exceptional Value

• Nineteen passengers with Forward and Aft Lavs • SWIFT broadband and GoGo Biz Internet with Vision and Talk & Text options • Engines on RRCC – HAPP and CASP on Avionics • Recent inspections and prepurchase completed by Gulfstream • Current FAR Pt. 135 – Capable of full European operations • For Sale of Lease – Details and photos at www.flycci.com

Global 5000 - New Price

• Recently Delivered from Extensive 120 mo Insp & Landing Gear Overhaul • New Exterior Paint • Refurbished Woodwork and Interior • High Speed Internet, HUD, ADS-B TCAS 7.1, Batch 3, FANS-1/A • EASA Certified - Trades Considered • Owner’s new aircraft has delivered – Make Offer

Also: BBJ, Super 727-200 VIP, DC-8-62 VIP, Eurocopter EC-120B, Challenger 601, Hawker 800A, Lear 45

See www.flycci.com for further details on these and other aircraft or call

Larry Wright +1 704 906 3755

Chris Zarnik +1 919 264 6212

Fernando Garcia +52 55 54077686

Dennis Blackburn +1 832 647 7581

Retail Values.qxp_RPG 20/06/2017 14:36 Page 1

FLIGHT DEPARTMENT T RETAIL PRICE GUIDE

Entry Level & Light 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

2008 US$M

2.4

2.3

2.2

2.1

2.0

5.0

4.7

4.3

4.0

3.7

3.6

3.3

2.9

2.7

2.5

6.5

6.1

5.9

MODEL BEECHCRAFT PREMIER 1A BEECHCRAFT PREMIER 1

BOMBARDIER LEARJET 45XR BOMBARDIER LEARJET 45 BOMBARDIER LEARJET 40XR BOMBARDIER LEARJET 40 BOMBARDIER LEARJET 31A

CESSNA CITATION XLS+560

5.7

5.5

CESSNA CITATION XLS 560

12.750

10.0

8.9

7.7

7.0

5.0

4.8

CESSNA CITATION ENCORE+560

4.0

3.6

CESSNA CITATION V ENCORE 560 CESSNA CITATION EXCEL 560-XL CESSNA CITATION V ULTRA 560 CESSNA CITATION BRAVO 550 CESSNA CITATION CJ4 525C

9.050

8.5

CESSNA CITATION CJ3+525C

8.050

7.5

7.5

7.0

6.7

6.4

5.9

5.6

6.7

CESSNA CITATION CJ3 525B

6.2

5.8

5.4

5.1

4.7

4.5

4.3

4.1

CESSNA CITATION CJ2+ 525A

5.1

4.8

4.5

4.2

4.0

3.8

3.6

3.4

3.6

3.4

3.2 3.1

2.9

2.7

2.5

1.8

1.5

1.4

CESSNA CITATION CJ2 525A CESSNA CITATION M2 525

4.5

4.0

CESSNA CITATION CJ1+ 525 CESSNA CITATION CJ1 525 CESSNA CITATIONJET 525 CESSNA CITATION MUSTANG 510

3.350

3.1

ECLIPSE 550

2.7

2.4

2.8

2.6

ECLIPSE 500

EMBRAER PHENOM 300

8.995

EMBRAER PHENOM 100EV

4.495

EMBRAER PHENOM 100E

4.162

8.5

7.7

7.1

3.8

3.5

3.3

EMBRAER PHENOM 100

2.1

2.0

1.9

2.5

1.9

1.8

6.8

6.5

6.2

5.9

5.8

2.9

2.6

2.4

2.2

2.0

1.8

2.350

2.150

1.950

HAWKER 400XP

--

--

1.1

HAWKER BEECHJET 400A NEXTANT 400XTI

4.4

4.0

3.5

3.1

2.9

AIRCRAFT BLUEBOOK DATA - CARL JANSSENS, EDITOR. EMAIL: CARL@JETAPPRAISALS.COM

74

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145

Retail Values.qxp_RPG 20/06/2017 14:37 Page 2

RETAIL PRICE GUIDE T FLIGHT DEPARTMENT

What your money buys today

Summer 2017 2007 US$M

2006 US$M

1.9

1.8

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 BEECHCRAFT PREMIER 1A

1.6

1.5

1.4

3.5

3.1

2.8

2.7

2.5

2.9

2.6

2.3

2.1

1.9

2.3

2.0

1.5

1.8

1.6

1.4

1.3

1.2

1.7

1.6

BEECHCRAFT PREMIER 1

BOMBARDIER LEARJET 45XR 1.5

1.4

1.3

BOMBARDIER LEARJET 45 BOMBARDIER LEARJET 40XR

1.3

BOMBARDIER LEARJET 40 1.250

1.2

1.150

1.1

1.050

1.0

BOMBARDIER LEARJET 31A

CESSNA CITATION XLS+ 560 4.4

4.2

4.0

3.8

CESSNA CITATION XLS 560

3.0

2.8

2.6

2.3

2.2

2.1

1.9

2.7

2.5

2.4

2.3

2.1

3.3

CESSNA CITATION ENCORE+560

2.2

2.0

1.8

1.7

1.6

1.5

1.4

CESSNA CITATION V ENCORE 560 1.9

1.7

CESSNA CITATION EXCEL 560-XL

1.5

1.4

CESSNA CITATION V ULTRA 560

1.3

1.2

CESSNA CITATION BRAVO 550 CESSNA CITATION CJ4 525C CESSNA CITATION CJ3+525C

3.9 3.2

3.6

3.5

3.0

2.9

2.8

2.7

2.2

2.1

3.3

CESSNA CITATION CJ3 525B CESSNA CITATION CJ2+ 525A

2.6

2.5

2.4

2.3

2.2

CESSNA CITATION CJ2 525A CESSNA CITATION M2 525

2.3

1.9

CESSNA CITATION CJ1+ 525 1.8

1.7

1.6

1.5

1.4

CESSNA CITATION CJ1 525 1.3

1.250

CESSNA CITATIONJET 525

1.3

1.2

CESSNA CITATION MUSTANG 510

0.9

0.7

ECLIPSE 500

ECLIPSE 550

EMBRAER PHENOM 300 EMBRAER PHENOM 100EV EMBRAER PHENOM 100E EMBRAER 100

1.850

1.650

1.450

1.250

1.150 1.150

HAWKER 400XP 1.1

1.050

1.0

0.950

0.9

HAWKER BEECHJET 400A

NEXTANT 400XTI AIRCRAFT BLUEBOOK DATA - CARL JANSSENS, EDITOR. EMAIL: CARL@JETAPPRAISALS.COM Advertising Enquiries see Page 4

www.AVBUYER.com

July 2017 – AVBUYER MAGAZINE

75

ACSpecs Intro.qxp_AC Specs Intronov06 20/06/2017 14:41 Page 1

FLIGHT DEPARTMENT T SPECIFICATIONS

Aircraft Performance & Specifications Entry Level & Light 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 - Entry Level & Light Jets – appears opposite, to be followed

by Turboprops 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. © 2011 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

76

AVBUYER MAGAZINE – July 2017

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 145

LEA RJET 40X R

BOM BAR DIER

LEA RJET 40

LEA RJET 31A /ER BOM BAR DIER

BEE CHC RAF T PR EMI ER I A

BEE CHC RAF T HA WKE R 40 0XP R BEE CHC RAF T PR EMI ER I

BEE CHC RAF T BE ECH JET 400 A BEE CHC RAF T HA WKE R 40 0XP

AircraftPer&SpecJuly16.qxp_PerfspecDecember06 20/06/2017 14:42 Page 1

VARIABLE COST PER HOUR $

$1,724.64

$1,692.67

$1,346.45

$1,334.09

$1,320.59

$1,953.56

$1,870.96

$1,836.31

4.8

4.75

4.75

5.4

5.4

4.35

4.92

4.92

CABIN HEIGHT FT.

4.9

4.92

4.92

5.5

5.5

4.95

5.12

5.12

CABIN WIDTH FT.

15.6

15.5

15.5

13.6

13.6

12.9

17.67

17.67

CABIN LENGTH FT.

305

305

305

285

285

281

369

369

CABIN VOLUME CU.FT.

4.16

4.2

4.2

4.16

4.167

3.75

4.8

4.8

DOOR HEIGHT FT.

2.41

2.4

2.4

2.125

2.125

3

2.5

2.5

DOOR WIDTH FT.

30

31

31

23

23

30

15

15

BAGGAGE VOL. INT. CU.FT.

26

25

25

55

55

-

50

50

BAGGAGE VOL. EXT. CU.FT.

2

2

2

2

2

2

2

2

CREW #

7

8

8

6

6

6

6

6

SEATS - EXECUTIVE #

16100

16300

16300

12500

12500

17700

20350

21000

MTOW LBS

15700

15700

15700

11600

11600

16000

19200

19200

MLW LBS

10915

10985

10900

8565

8600

11247

13718

13949

B.O.W. W/CREW LBS

4912

4912

4912

3611

3670

4653

5375

6062

USEABLE FUEL LBS

473

603

688

414

320

2000

1507

1239

PAYLOAD WITH FULL FUEL LBS

2085

2015

2100

1435

1400

2253

2282

2051

MAX. PAYLOAD LBS

1180

1180

1351

850

850

1480

1573

1778

RANGE - SEATS FULL N.M.

1519

1519

1974

1340

1340

1600

1707

1960

MAX. RANGE N.M. (4 PAX)

4700

4700

4030

4600

4600

4120

4000

4250

BALANCED FIELD LENGTH FT.

5083

5025

5237

5208

5208

4200

4033

4060

LANDING DIST. (FACTORED) FT.

4020

4020

5000

4000

4000

4890

2820

2820

R.O.C. - ALL ENGINES FT PER MIN

560

560

620

948

948

1515

710

394

R.O.C. - ONE ENGINE OUT FT PER MIN

458

450

450

461

454

462

465

465

MAX. CRUISE SPEED KTAS

449

450

450

426

426

441

436

436

NORMAL CRUISE SPEED KTAS

410

410

425

370

370

417

428

432

L/RANGE CRUISE SPEED KTAS

2

2

2

2

2

2

2

2

JT15D-5

JT15D-5R

FJ44-4A-32

FJ44-2A

FJ44-2A

TFE 731-2

TFE 731-20AR

TFE 731-20BR

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

July 2017 – AVBUYER MAGAZINE

77

AircraftPer&SpecJuly16.qxp_PerfspecDecember06 20/06/2017 14:46 Page 2

CES SNA CITA TION CJ2+ CES SNA CITA TION CJ3

CES SNA CITA TION CJ1+ CES SNA CITA TION CJ2

CES SNA CITA TION CJ1

CES SNA CITA TION BRA VO CES SNA CITA TION JET

BOM BAR DIER

BOM BAR DIER

LEA RJET 45

LEA RJET 45X R

FLIGHT DEPARTMENT T SPECIFICATIONS

$1,921.14

$1,903.80

$1,423.11

$1,283.97

$1,184.06

$1,190.79

$1,255.77

$1,299.91

$1,373.72

CABIN HEIGHT FT.

4.92

4.92

4.7

4.8

4.75

4.75

4.75

4.75

4.75

CABIN WIDTH FT.

5.12

5.12

4.8

4.83

4.83

4.83

4.83

4.83

4.83

CABIN LENGTH FT.

19.75

19.75

15.75

11

11

11

13.58

13.58

15.67

CABIN VOLUME CU.FT.

415

415

292

205

201

201

248

248

286

DOOR HEIGHT FT.

4.8

4.8

4.25

4.25

4.25

4.25

4.25

4.25

4.25

DOOR WIDTH FT.

2.5

2.5

2

2

2

2

2

2

2

BAGGAGE VOL. INT. CU.FT.

15

15

28

4

8

-

4

-

-

BAGGAGE VOL. EXT. CU.FT.

50

50

46

51

51

45

70

65

65

CREW #

2

2

2

2

2

2

2

2

2

SEATS - EXECUTIVE #

8

8

7

5

5

5

6

6

6

MTOW LBS

20500

21500

14800

10400

10600

10700

12375

12500

13870

MLW LBS

19200

19200

13500

9700

9800

9900

11500

11525

12750

B.O.W. W/CREW LBS

13890

14125

9375

6950

7050

7035

7900

7980

8585

USEABLE FUEL LBS

6062

6062

4824

3220

3220

3220

3932

3930

4710

PAYLOAD WITH FULL FUEL LBS

798

1563

801

330

430

545

668

715

775

MAX. PAYLOAD LBS

2110

1875

1925

1450

1350

1365

1400

1720

1925

RANGE - SEATS FULL N.M.

1423

1685

1290

750

775

895

1075

1194

1374

MAX. RANGE N.M.

1968

1937

1720

1130

1161

1245

1530

1626

1891

BALANCED FIELD LENGTH FT.

4400

4550

4200

4000

4220

3990

3810

3810

3440

LANDING DIST. (FACTORED) FT.

4063

4105

4295

4333

4407

4135

4628

4645

4203

R.O.C. - ALL ENGINES FT PER MIN

2800

2630

3190

3311

3230

3290

3870

4120

4478

R.O.C. - ONE ENGINE OUT FT PER MIN

590

589

845

868

850

906

1160

1004

1090

MAX. CRUISE SPEED KTAS

465

465

405

377

381

389

413

413

417

NORMAL CRUISE SPEED KTAS

436

436

405

364

381

389

413

413

417

L/RANGE CRUISE SPEED KTAS

416

432

335

302

307

307

344

351

348

2

2

2

2

2

2

2

2

2

PW530A

FJ44-1A

FJ44-1A

FJ44-1AP

FJ44-2C

FJ44-3A-24

FJ44-3A

VARIABLE COST PER HOUR $

ENGINES # ENGINE MODEL

TFE 731-20AR TFE 731-20BR

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.

78

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145



JetNet July.qxp_Layout 1 19/06/2017 16:29 Page 1

THE WORLD CHANGES

SEPTEMBER 5-6

7th ANNUAL JETNET iQ GLOBAL BUSINESS AVIATION SUMMIT IGNITING IDEAS. PROVOKING CHANGE. NEW SEASON. NEW VENUE

September 5-6 | The Westin New York at Times Square | 270 West 43rd St., NYC When the aviation industry’s titans gather, where will you be? You’re invited to be in the same room, and play your part. Change the way you do business with inside knowledge and new revelations. Register now at JETNETiQ.com.

AircraftPer&SpecJuly16.qxp_PerfspecDecember06 20/06/2017 14:48 Page 3

EMB RAE R PH ENO M1 00

CIRR US V ISIO N SF 50

CES SNA CITA TION ENC ORE CES SNA CITA TION ENC ORE + CES SNA CITA TION ULTR A

CES SNA CITA TION MUS TAN G CES SNA CITA TION M2

CES SNA CITA TION CJ4

CES SNA CITA TION CJ3+

FLIGHT DEPARTMENT T SPECIFICATIONS

$1,352.69

$1,569.20

$851.95

$1,142.89

$1,683.74

$1,638.16

$1,794.04

$605.88

$941.38

CABIN HEIGHT FT.

4.75

4.75

4.5

4.75

4.75

4.75

4.8

4.07

4.92

CABIN WIDTH FT.

4.83

4.83

4.58

4.83

4.83

4.83

4.83

5.08

5.08

CABIN LENGTH FT.

15.67

17.3

9.8

11

17.33

17.33

17.33

11.48

11

CABIN VOLUME CU.FT.

286

293

163

201

314

314

310

170

212

DOOR HEIGHT FT.

4.25

4

3.8

4.25

4.25

4.25

4.25

4.12

4.86

DOOR WIDTH FT.

2

2

2

2

2

2

2

2.05

2.04

BAGGAGE VOL. INT. CU.FT.

-

6

6

-

28

28

26

-

10

BAGGAGE VOL. EXT. CU.FT.

65

71

57

43.1

43

43

41

23.5

60

CREW #

2

2

1

2

2

2

2

1

1

SEATS - EXECUTIVE #

6

7

4

6

7

7

7

4

5

MTOW LBS

13870

17110

8645

10700

16630

16830

16300

6000

10472

MLW LBS

12750

15660

8000

9900

15200

15200

15200

5550

9766

B.O.W. W/CREW LBS

8585

10350

5550

7000

10525

10460

9950

3700

7132

USEABLE FUEL LBS

4710

5828

2580

3296

5400

5400

5771

2000

2804

PAYLOAD WITH FULL FUEL LBS

775

1052

600

504

905

1170

779

340

580

MAX. PAYLOAD LBS

1925

2150

1200

1400

2075

2390

2250

1200

1312

RANGE - SEATS FULL N.M.

1374

1667

718

694

1410

1494

1259

796

915

MAX. RANGE N.M.

1891

1991

1070

1380

1736

1792

1651

1176

1242

BALANCED FIELD LENGTH FT.

3440

3350

3380

3250

3900

3874

3500

-

4376

LANDING DIST. (FACTORED) FT.

4203

3978

3683

4125

4195

4182

3833

5024

4068

R.O.C. - ALL ENGINES FT PER MIN

4478

3858

3010

3698

4740

4620

4230

2099

3061

R.O.C. - ONE ENGINE OUT FT PER MIN

1090

1248

870

1075

1440

1400

728

-

702

MAX. CRUISE SPEED KTAS

417

454

340

404

430

430

430

300

390

NORMAL CRUISE SPEED KTAS

417

454

340

379

430

430

430

295

371

L/RANGE CRUISE SPEED KTAS

348

380

319

331

372

372

372

240

333

2

2

2

2

2

2

2

1

2

FJ44-3A

FJ44-4A

PW615F

FJ44-1AP

PW535A

PW535B

JT15D-5D

FJ33-5A

PW617F-E

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.

80

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145



Amjet July.qxp_Layout 1 20/06/2017 14:51 Page 1

Taking the Lead -

2010 Global XRS SERIAL NUMBER 9268 ROLLS ROYCE CORPORATE CARE • SMART PARTS • BATCH 3 AVIONICS UPGRADE • ON CAMP • EASA

Beautiful Low Time Global XRS with only 2785 Hours, Engines enrolled on Rolls Royce Corporate Care, Airframe Enrolled on Smart Parts, Bombardier Batch-Three Certified, Forward Galley w/ Crew Rest & Pocket Door, Mid-Cabin Divider with Pocket Door, Custom Bed located in the Privacy of the Aft Cabin along with 2 Chairs and Aft Lavatory

2016 Gulfstream 650 SERIAL NUMBER 6198 LOWEST TIME • IMMEDIATELY AVAILABLE

Lowest Time | Available for Immediate Delivery | Highest Serial Number | Factory Warranty

Amjet Aviation Company® +1 - 770 - 458 - 9600

Contact Scott Rogers or Caroline Gould

amjetaviation.com sales@amjetaviation.com

EMB RAE R PH ENO M1 00E V EMB RAE R PH ENO M3 00

EMB RAE R PH ENO M1 00E

FLIGHT DEPARTMENT T SPECIFICATIONS

HON DA A IRCR AFT HA420 HON DAJ NEX ET TAN T AE ROS PAC E 40 0XT NEX TAN T AE ROS PAC E 40 0XT I ONE AVIA TION ECL IPSE 500 ONE AVIA TION ECL IPSE 550 ONE AVIA TION TOTA L EC LIPS E 50 0

AircraftPer&SpecJuly16.qxp_PerfspecDecember06 20/06/2017 14:49 Page 4

$941.52

$941.52

$1,389.20

$917.98

$1,377.60

$1,340.01

$788.30

$752.11

$793.39

CABIN HEIGHT FT.

4.94

4.94

4.92

4.8

4.75

4.75

4.16

4.16

4.16

CABIN WIDTH FT.

5.08

5.08

5.08

5

4.92

4.92

4.66

4.66

4.66

CABIN LENGTH FT.

11

11

17.17

12.1

15.5

15.5

7.6

7.6

7.6

CABIN VOLUME CU.FT.

212

212

324

-

305

305

109

109

109

DOOR HEIGHT FT.

4.86

-

4.86

4.8

4.2

4.2

3.9

3.9

3.9

DOOR WIDTH FT.

2.04

-

2.42

5

2.4

2.4

1.96

1.96

1.96

BAGGAGE VOL. INT. CU.FT.

10

10

19

-

31

31

16

16

16

BAGGAGE VOL. EXT. CU.FT.

60

60

66

66

25

25

-

-

-

CREW #

1

1

2

1

2

2

1

1

1

SEATS - EXECUTIVE #

5

5

7

5

7

7

3

3

3

MTOW LBS

10582

10582

17968

10600

16300

16300

6000

6000

6000

MLW LBS

9877

9877

16865

9860

15700

15700

5600

5600

5600

B.O.W. W/CREW LBS

7220

7220

11783

7279

10531

10950

3834

3834

3834

USEABLE FUEL LBS

2804

2804

5353

2845

4912

4912

1698

1698

1698

PAYLOAD WITH FULL FUEL LBS

602

238

942

556

1057

638

502

502

502

MAX. PAYLOAD LBS

1334

1334

2216

1521

2469

2050

1088

1088

1088

RANGE - SEATS FULL N.M.

917

1178

1811

1035

1852

1527

574

574

574

MAX. RANGE N.M.

1233

1210

2077

1304

2108

1945

964

964

964

BALANCED FIELD LENGTH FT.

4466

4466

3643

-

4600

4030

2898

2898

2898

LANDING DIST. (FACTORED) FT.

4110

4110

3700

-

4045

5237

5173

5173

5173

R.O.C. - ALL ENGINES FT PER MIN

3061

-

3335

3990

5000

5000

2575

2575

2575

R.O.C. - ONE ENGINE OUT FT PER MIN

702

-

1044

-

995

845

780

780

780

MAX. CRUISE SPEED KTAS

390

406

444

420

471

460

371

371

371

NORMAL CRUISE SPEED KTAS

371

333

430

420

460

447

369

369

369

L/RANGE CRUISE SPEED KTAS

333

-

383

-

405

406

330

330

330

2

2

2

2

2

2

2

2

2

PW617F-E

PW617F1-E

PW535E

HF120

FJ44-3AP

FJ44-3AP

PW610F-A

PW610F-A

PW610F-A

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.

82

AVBUYER MAGAZINE – July 2017

www.AVBUYER.com

Aircraft Index see Page 145

T

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Safety 1May17.qxp_Finance 19/06/2017 15:40 Page 1

FLIGHT DEPARTMENT T SAFETY

How Pilot Health & Safety are Linked Who is Responsible for Fitness for

Duty in the Flight Department?

84

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www.AVBUYER.com

Aircraft Index see Page 145

Safety 1May17.qxp_Finance 19/06/2017 15:42 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

NBAA has identified a set of foundations for safety in Business Aviation operations, including Professionalism, Safety Leadership, Technical Excellence, Risk Management and Fitness for Duty.

Over the next several months, Mario Pierobon assesses these elements, beginning with a closer look at Fitness for Duty. n recent years, thanks (in part) to the affirmation of Fatigue Risk Management (FRM) systems within scheduled commercial air transport, the Business Aviation industry has been paying increasing attention to the issue of flight crew fatigue.

Fatigue significantly impairs Fitness for Duty of pilots and mechanics, and carries the potential for unsafe operational outcomes within Flight Departments.

To tackle the problem, it’s vital to understand that Fitness for Duty is a two-way street. The Flight Department and its personnel each need to take responsibility and be proactive in implementing appropriate measures.

I

Individual Responsibility

To a large extent, successfully managing the risk of fatigue depends on individual efforts of Flight Department personnel to manage their own fitness – and understand individual levels of fatigue.

There’s already a wealth of knowledge available within industry publications concerning the scientific principles for Fatigue Risk Management (we won’t repeat them here), but it should suffice to say that flight crews and mechanics, given the safety sensitive role they have at work, should make every effort to minimize fatigue in the workplace through: • • • • •

Ensuring a healthy, balanced diet; Exercising regularly; Finding frequent time for relaxation and quietness; Seeking counselling in times of distress; Understanding how to maximize the quality of sleep.

Everything that can contribute to the level of fatigue of flight crews that’s beyond the personal lifestyle of staff should be the responsibility of the Flight Department…

Department Responsibility

There is currently no mandatory requirement for FRM implementation in Business Aviation, yet Advertising Enquiries see Page 4

www.AVBUYER.com

fatigue is recognized as an issue and corporate flight departments should be proactive about the subject.

Here we focus on three high-level practices that proactive operators wanting to target the risk of fatigue should have in place.

Practice #1 - Promoting Wellbeing: There is no point in implementing a FRM system if employee wellbeing is not actively promoted within the Flight Department. Employers should show employees that their wellbeing is of prime importance, which can be demonstrated practically in various ways – whether through subsidized memberships at fitness centers, memos sent out recurrently, or other literature reinforcing the importance and principles of Fitness for Duty.

The message that the Flight Department cares about employee wellbeing and expects them to look after their health must be conveyed.

Practice #2 – Making Realistic Demands: Another important practice to sustain effective FRM implementation is avoiding unrealistic demands on employee productivity. Simply put, flight crews and mechanics are not lemons to be squeezed. Work schedules should ensure that workloads are manageable and that adequate rest levels can be achieved.

By its very nature Business Aviation does not run like the Scheduled Airlines. Business Aviation passengers can be unpredictable because appointments take longer – or shorter – than planned, and changes arise at the last-minute. Thus operational buffers (such as the availability of additional crew members on-duty or on-call) must be deployed.

Practice #3 – Acting on Issues: The last practice for successful FRM implementation requires the Flight Department to act on identified issues. Data collected as part of FRM may imply a need for significant change (i.e., with regard to crew scheduling).

It is essential that Flight Departments are not change-resistant. In the safety business, employees greatly value seeing changes take place after issues have been raised from the line environment.

While operational changes may imply higher costs, there is an added benefit in the increased employee commitment that stems from seeking needed corrections and acting promptly on worthy suggestions. A handy by-product of such FRM implementation is increased productivity within safety margins. T July 2017 – AVBUYER MAGAZINE

85

AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 09:44 Page 1

FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE

Aircraft Comparative Analysis Bombardier Global 6000 vs Gulfstream G550 In this month’s Aircraft Comparative Analysis, Mike Chase provides information on two popular Ultra-Long-Range and Large Cabin business jets for the purpose of valuing the Bombardier Global 6000.

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

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ver the following paragraphs, we’ll consider productivity parameters (payload/ range, speed and cabin size) and cover current market values for the Bombardier Global 6000. The field in this comparative study includes the Gulfstream G550.

Brief History

The Ultra-Long-Range business jet market began in 1995 with the Gulfstream GV followed two years later by the Bombardier Global Express. This jet market is defined as business jets that can fly 5,000nm or more. Today the Ultra-Long-Range & Large Cabin jet market has 2,002 aircraft in operation.

The Global 6000 traces its roots to the Global Express XRS, which was the third Ultra-Long-Range & Large Cabin business jet produced by Bombardier.

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The Global 6000 started delivering to customers in 2012.

One of the biggest differences between the Global Express XRS and the Global 6000 is the Rockwell Collins Pro Line Fusion avionics suite, which helps pilots manage, monitor and master flight automation. The Global 6000 offers a large, spacious cabin in excess of 2,000 cubic feet and can travel non-stop over 6,100 nm.

Currently there are 227 Global 6000 aircraft in operation worldwide, of which 207 are wholly-owned.

Two are in shared ownership and 18 are in fractional ownership programs. Europe has the largest fleet percentage (40%), followed by North America (35%) and Asia (18%), accounting for a combined 93% of the fleet. Almost 10% of the in-operation fleet (8.4%) are leased, according to JETNET. Aircraft Index see Page 145

AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 09:53 Page 2

HOW MANY EXECUTIVE

SEATS?

BOMBARDIER Global 6000

(Manufactured between 2012-Present)

13

$37 Million (2014 Model)

vs.

GULFSTREAM

G550

(Manufactured between 2003-Present)

18

$39 Million (2014 Model)

PUTTING THESE TWO ULTRA-LONG-RANGE/LARGE CABIN JETS HEAD TO HEAD

HOW MUCH

6,200

RUNWAY DO I NEED?

5,963

(Balanced field length, ft)

0

1000

2000

6000

(Knots) 471

5,770

6,975 4000

7000

CRUISING SPEED?

(Lbs)

6,080

6000

WHAT’S THE

CAN WE TAKE?

(Nautical Miles. 4 Pax)

5000

LONG RANGE

PAYLOAD

CAN WE GO?

2000

4000

HOW MUCH

HOW FAR

0

3000

6,600 8000

HOW MANY

UNITS IN OPERATION?

1000

2000

4000

HOW MANY

NEW/USED SOLD

EACH MONTH?

227 537

5000

6000

459 8000

0

100

200

300

400

500

WHAT’S THE

COST PER MILE?

4 (4.8%) 5 (5.8%)

$6.45 $5.88

12-Month Average Figure (% = Global Fleet For Sale)

(Direct operating costs based on 1000nm mission carrying 1,600lbs payload)

Sources used: Aircraft Bluebook, Conklin & de Decker, JETNET.

Advertising Enquiries see Page 4

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July 2017 – AVBUYER MAGAZINE

 87

AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 09:54 Page 3

FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE

Table A - Payload & Range

Payload & Range

Bombardier Global 6000 Gulfstream G550

99,500 91,000

44,716 41,000

MTOW (lb)

512

447

Fuel Usage (GPH)

Max Fuel (lb)

5,770

6,600

2,804

2,500

Max Payload (lb)

6,080

6,975

Max Fuel Range - 4 Pax (nm)

Avail Payload w/Max Fuel (lb)

6,390

6,820

Max P/L w/Avail fuel IFR Range (nm)

Source: Conklin & de Decker; JETNET; B&CA May 2017 Purchase Planning Handbook and Aug. 2016 Operations Planning Guide.

Chart A - Cabin Cross-Sections Bombardier Global 6000

6.20 ft Source: UPCAST JETBOOK

Cabin Cross-Sections

6.25 ft

Gulfstream G550

8.17 ft

7.30 ft

The data contained in Table A (left) are published by Conklin & de Decker and also in the B&CA, May 2017 issue. As we have mentioned in past articles, a potential operator should focus on payload capability as a key factor. The Global 6000 ‘Available Payload with Maximum Fuel’ at 2,804 lbs is greater than the Gulfstream G550 at 2,500 pounds of payload capability.

In addition, Table A shows the fuel usage by each aircraft in this field of study. The Global 6000 burns more fuel per hour at 512 gallons per hour (GPH) compared to 447 GPH of the Gulfstream G550.

According to Conklin & de Decker, the Global 6000 cabin volume is 2,002 cubic feet and its cabin length is 48.35ft. The Gulfstream G550 has the less cabin volume (1,812 cu. ft.) but offers more length at 50.1ft.

The Global 6000 offers a significantly wider cabin, and marginally more height. Chart A, left, (courtesy of UPCAST JETBOOK) shows the cross-section comparisons.

Range Comparison

As depicted by Chart B (bottom, left) and using New York JFK Airport as the origin point, the Gulfstream G550 shows more range coverage than the Global 6000, per Aircraft Cost Calculator (ACC).

Note: For jets and turboprops, ‘Seats-Full Range’ represents the maximum IFR range of the aircraft at Long-Range Cruise with all passenger seats occupied. ACC assumes NBAA IFR fuel reserve calculation for a 200nm alternate. The lines depicted do not include winds aloft or any other weather-related obstacles.

Chart B - Range Comparison

Powerplant Details

88

Bombardier Global 6000

5742.75 Nm

Gulfstream G550

6327.75 Nm

AVBUYER MAGAZINE – July 2017

The Global 6000 is powered by two Rolls-Royce BR 710-A2-20 engines with a thrust rating of 14,750 lbs. The Gulfstream G550 business jet, meanwhile, is www.AVBUYER.com

Aircraft Index see Page 145

AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 09:54 Page 4

AIRCRAFT COMPARATIVE T FLIGHT DEPARTMENT

Chart C - Cost Per Mile*

powered by two Rolls-Royce BR 710-C4-11 engines each offering less thrust with a rating of 15,385 lbs.

Q

Cost Per Mile

$0.00

$5.00

US $ per nautical mile

*1,000 nm Mission costs, 1,600lbs Payload

Chart D – Variable Cost

$2,945

Bombardier Global 6000

$2,616

Gulfstream G550 $500

The ‘Variable Cost’ illustrated in Chart D (right) 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 6000 computes at $2,945 per hour, 12.6% more than the Gulfstream G5 50’s $2,616 per hour.

$2,000

$4,000

US $ per hour

Table B - Aircraft Comparisons

Aircraft Comparison Table

Advertising Enquiries see Page 4

$5.88

Gulfstream G550

Total Variable Cost

Table B (right) contains the New prices from Vref Pricing Guide for a 2017 model for each aircraft.

The average speed, cabin volume and maximum payload values are from Conklin & de Decker, while the number of aircraft in-operation and percentage ‘For Sale’ are as reported by JETNET. As depicted, the Global 6000 has 4.8% of its fleet currently ‘For Sale’ and the Gul fstream G550 has 5.8% ‘For Sale’. Meanwhile, the average number of new deliveries and used transactions (sold)

$6.45

Bombardier Global 6000

Using data published in the May 2017 B&CA Planning and Purchasing Handbook and the August 2016 B&CA Operations Planning Guide we will compare our aircraft. The nationwide average Jet-A fuel cost used from the August 2016 edition was $4.90 per gallon at press time, so for the sake of comparison we’ll chart the numbers as published.

Note: Fuel price used from this source does not represent an average price for the year.

Chart C (top, right) details ‘Cost per Mile’ and compares the Global 6000 to its competition, factoring direct costs and with each aircraft flying a 1,000nm mission with a 1,600 lbs (eight passengers) payload. The Global 6000 shows the highest cost per nautical mile at $6.45 compared to $ 5.88 for the Gulfstream G550.

This is a difference of 8.8% cost per nautical mile in favor of the Gulfstream G550.

Bombardier Global 6000 Gulfstream G550

471

459

Long Range Cruise Speed



2,002

1,812

Cabin Volume Cu Ft

6,390

6,820

Max P/L w/available Fuel Range nm

$62.310 $61.500 2017 2017 New Vref Price $US Mil

227

537

In Operation

4.8%

5.8%

% For Sale

4

5

Average New/Pre-owned Sold Per Month*

*Average New/Pre-owned Full Sale Transactions in the past 12 months; Source: JETNET Data courtesy of Conklin & de Decker; JETNET; Vref

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July 2017 – AVBUYER MAGAZINE

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AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 10:01 Page 5

FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE

Table C - Part 91 & 135 MACRS Schedule

per month for the Global 6000 is four units, on average, and the Gulfstream G550 is five units.

Depreciation Schedule

MACRS SCHEDULE FOR PART 91 Year Deduction

1

2

3

4

5

6

-

-

20.00 %

32.00 %

19.20 %

11.52 %

11.52 %

5.76 %

-

-

1

2

3

4

5

6

7

8

14.29 %

24.49 %

17.49 %

12.49 %

8.93 %

8.92 %

8.93 %

4.46 %

MACRS SCHEDULE FOR PART 135 Year Deduction

$6.0 2012

Source: NBAA

Table D - MACRS Depreciation Schedule 2017 Bombardier Global 6000 - PRIVATE (PART 91) Full Retail Price - Million Year

$62.310 1

2

3

4

5

6

20.00 %

32.00 %

19.2 %

11.5 %

11.5 %

5.8 %

Depreciation ($M)

$12.5

19.9

12.0

7.2

7.2

3.6

Depreciation Value ($M)

$49.8

29.9

17.9

10.8

3.6

0

Cum. Depreciation ($M)

$12.5

32.4

44.4

51.5

58.7

62.3

Full Retail Price - Million

$62.310

Rate (%)

2017 Bombardier Global 6000 - CHARTER (PART 135) Year

1

2

3

4

5

6

7

8

14.3 %

24.5 %

17.5 %

12.5 %

8.9 %

8.9 %

8.9 %

4.5 %

Depreciation ($M)

$8.90

15.26

10.90

7.78

5.56

5.56

5.56

2.78

Depreciation Value ($M)

$53.41

38.15

27.25

19.47

13.90

8.34

2.78

0.00

Cum. Depreciation ($M)

$8.9

24.2

35.1

42.8

48.4

54.0

59.5

62.3

Rate (%)

Source: Vref

Chart E - Productivity Comparison

Price (Millions)

$100.0 $80.0

2017 Bombardier Global 6000

$60.0

2017 Gulfstream G550

$40.0 $20.0

2.00000

4.00000

6.00000

8.00000

Index (Speed x Range x Cabin Volume / 1,000,000,000)

90

AVBUYER MAGAZINE – July 2017

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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 th e first few years of the applicable recovery period (see Table C, 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 twe lve-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 six-year recovery period. There are 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 D (middle, left) depicts an example of using the MACRS schedule for a 2017 model Global 6000 aircraft in private (Part 91) and charter (Part 135) operations over five- and Aircraft Index see Page 145



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AirCompAnalysis JULY17.qxp_ACAn 20/06/2017 17:01 Page 6

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YEARS

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FLIGHT DEPARTMENT T AIRCRAFT COMPARATIVE seven-year periods, assuming a new price of $62.31m, per Vref Pricing guide.

Asking Prices & Quantity

The current used jet market for the Global 6000 shows a total of 12 aircraft are currently ‘For Sale’ with one 2012 model displaying an asking price of $28.5m. The remaining 11 Global 6000 aircraft on the market invite buyers to a make an offer.

While each serial number is unique, the Airframe (AFTT) hours and age/condition will cause great variations in price, essentially the final negotiated price remains to be decided between the seller and buyer before the sale of an aircraft is completed.

Productivity Comparisons

The points in Chart E (previous page) 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:

92

AVBUYER MAGAZINE – July 2017

1.

2.

3.

Range with full payload and available fuel; The long range cruise speed flown to achieve that range; The 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 6000 displays a high level of productivity.

Popular attributes of the Bombardier Global 6000 are its larger cabin volume, higher long-range cruise speed and greater available payload with maximum fuel when compared to the Gulfstream G550. The Gulfstream G550, meanwhile, offers a lower costs per mile, lower variable costs, has a lower fuel burn and more range, plus a lower acquisition price (new).

Operators in the market for a new UltraLong-Range & Large Cabin jet should weigh their mission requirements precisely

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when picking the option that is the best for them.

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, however.

The Bombardier Global 6000 continues to be very popular today. Those operators in the market should find the preceding comparison useful. Our expectations are that the Bombardier Global 6000 will continue to do well in the used aircraft sales market for the foreseeable future. T

ONLINE I PRINT I BROADCAST I EVENTS

Aircraft Index see Page 145

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Safety 2 July17.qxp_Finance 19/06/2017 15:15 Page 1

FLIGHT DEPARTMENT T SAFETY

Learning from Others: Saving Lives Through Detailed Analyses of Aviation Accidents

Digging deeply into the tragic aborted landing of a Hawker 125-800A, professionals at the NTSB provided meaningful insight that enhanced Business Aviation’s outstanding safety record. Jack Olcott reviews the circumstances and the findings.

T

win-engine, turbine-powered General Aviation aircraft flown by two-person salaried crews—the segment of transportation typically identified with Business Aviation—has an impressive safety record that is on a par with (and occasionally exceeds) the excellent safety statistics of the largest Scheduled Airlines.

In fact, when all forms of transportation are considered, Business Aviation and the Scheduled Airlines are clearly the safest forms of travel, in large part because great care is taken to understand what factors contributed to an unsuccessful flight.

In the US, the government’s National Transportation Safety Board (NTSB) is mandated by federal law to conduct objective, precise investigations of all aviation mishaps that involve loss of life or serious injury, and to report and 94

AVBUYER MAGAZINE – July 2017

promote its findings in safety recommendations.

The Board identifies a Probable Cause strictly to inform so that others—aviators and well as manufacturers—can learn from the accident. NTSB findings are not to be used to assign blame or liability. (It is the FAA’s responsibility to accept and codify into FARs those recommendations the FAA believes are appropriate.)

The Flight

Flown by a qualified crew, the fully equipped and airworthy Hawker 125-800A crashed when its captain attempted to abort his landing at Owatonna Degner Regional Airport (KOWA) in Minnesota at the completion of a 2.5 hour charter flight from Atlantic City International Airport (KACY) with six passengers.

The Hawker was cleared to descend to FL240 as it neared KOWA, an uncontrolled facility with an un-grooved concrete runway 5,500 feet long as well as 100 feet wide, 1,000 feet long grass-covered safety areas at each runway end.

Weather surrounding the airport was unsettled, with

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Aircraft Index see Page 145

Safety 2 July17.qxp_Finance 19/06/2017 15:15 Page 2

stratified rain and imbedded thunderstorms. Approximately an hour before the Hawker’s approach, KOWA had experienced heavy rains and strong winds but conditions as the aircraft was being vectored for the approach were deceptively benign, with the airport’s Automated Weather Observation System (AWOS) reporting winds from 180degree at 3 knots, visibility 10 miles, and thunderstorms and light rain nearby. In the 30 minutes prior to the Hawker’s approach, 0.05 inches of rain had fallen.

Approximately 10 minutes prior to landing, the co-pilot (serving as pilot monitoring) attempted to contact the FBO at KOWA and the captain began handling radio communications. Unable to raise the FBO, the co-pilot refocused his duties on contacting approach control and acknowledging a clearance to be vectored to the airport.

At this point, the captain called for a quick review of the approach checklist, to which the co-pilot responded seven seconds later “approach briefing” and the captain replied “it’s gonna be an ILS to three zero”.

On vectors to the Runway 30 ILS and continuing to Advertising Enquiries see Page 4

execute the approach checklist, the crew discussed the surrounding weather displayed on the aircraft’s radar but there was no specific mention of the conditions that existed at KOWA at the time of anticipated landing. Rochester Approach Control, serving the area surrounding KOWA, reported that light precipitation existed along the remaining route to the final approach fix for Runway 30 ILS and that heavy storm cells were located about five miles north and northeast of the airport.

With the approach check list completed by the captain and acknowledged by his crewmate, the co-pilot again attempted unsuccessfully twice to establish contact with the FBO at KOWA. Two minutes later, and only about three minutes prior to touchdown, the co-pilot reached the FBO and inquired about passenger discharge and refueling procedures. Concurrently, the captain discussed local air traffic with Rochester Approach Control. The landing check list was completed as the co-pilot finished talking with the FBO and began reviewing fueling procedures with the captain.

Two minutes before touchdown the captain called “flaps two” and prompted the co-pilot to “go through the before landings, make sure you got it all…down indicating down”.

The co-pilot responded that they had the “…before landing shorts to go”. At that time the aircraft was 1,000 feet above ground level and slowing to Vref in visual metrological conditions (10 miles visibility, 3,800 scattered and light rain).

Just prior to touchdown, at 0944:47, the aircraft’s Cockpit Voice Recorder captured an electronic voice stating “two minimums minimums”, immediately followed by the co-pilot stating “air valves are shut, damper to go,” and then “damper”. At 0945:08, the CVR recorded the sound of tires rolling on the concrete runway, followed 2.5 seconds later by the sound of the Hawker’s airbrakes moving to the open position. (Per FARs for charter flights, the aircraft was equipped with a CVR, but a Flight Data Recorder was neither installed nor required.)

Immediately at touchdown, the co-pilot stated that the liftdump feature of the Hawker was deployed, followed quickly by the statement “we’re not dumped”. About 1.5 seconds later the captain acknowledged the situation and moved the airbrake handle to the DUMP position, thereby extending the aircraft’s flaps to the ground setting that provided maximum aerodynamic braking.

Ten seconds after selecting the Lift Dump flap position and apparently sensing the aircraft was not decelerating sufficiently to stop in the remaining runway length, the captain moved the airbrakes to the SHUT position, called “flaps” and added full power to abort the landing.

According to the NTSB’s analysis, the Hawker ran off the runway end at 0945:29, rolled onto the grass-covered runway safety area and was airborne just as the clear area ended.

Tragically, the Hawker collided almost immediately with the Runway 30 localizer antenna and came to rest in a cornfield about 2,150 feet from the runway end. All occupants were lost due to impact forces from ground contact that the NTSB deemed were unsurvivable.

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Safety 2 July17.qxp_Finance 19/06/2017 15:16 Page 3

FLIGHT DEPARTMENT T SAFETY

NTSB Analysis

Safety Board investigators focused on the captain’s minimal use of Crew Resource Management (CRM) during the flight from KACK to KOWA. Their findings concluded that during the flight there was an atmosphere that did not comply with well-designed Standard Operating Procedures (SOP) intended to minimize operational errors, including adherence to a sterile cockpit as the aircraft descended below 10,000ft. and prepared for the landing.

The lack of SOPs led to inadequate briefing for the approach, insufficient monitoring of current wind conditions, failure to use wind data available from cockpit instrumentation (the Hawker’s dual FMS displayed current wind direction and speed for each pilot), inappropriate conversations bet ween pilots, non-standard terminology, and lack of checklist discipline throughout the descent and approach. The Board cited the co-pilot’s attempts to contact the FBO at KOWA when more attention should have been devoted to the approach checklist and preparations for landing.

Furthermore, the Safety Board felt the crewmembers exhibited poor aeronautical decision-making and managed their resources poorly, which prevented them from recognizing the risks inherent with a wet runway of minimal length, particularly since Runway 30 had a downward slope of 0.7% and the winds were shifting and might be favoring Runway 12 upon arrival (which indeed they were).

While the Hawker was dispatched appropriately for the flight considering factors required by FARs related to runway length for charter flights, clearly the conditions the crew faced upon reaching the KOWA area where challenging and left little margin for error. More time and attention to the actual conditions that would be experienced upon reaching KOWA might have prompted the captain to select Runway 12, which had a slight uphill slope and at the time of approach had a small headwind component of about five knots. Conditions at KOWA would have allowed eith er a GPS approach or a circling approach to Runway 12.

Investigators reasoned that the Hawker touched down within the target touchdown zone and at the recommended touchdown speed, and that the captain likely applied sufficient braking during the initial part of the landing roll. But he failed to immediately 96

AVBUYER MAGAZINE – July 2017

deploy the lift-dump system after touchdown in accordance with SOPs. There was no evidence of dyna mic hydroplaning.

According to Safety Board analysis, had the captain continued the landing and accepted the possibility of overrunning KOWA’s concrete runway instead of attempting to execute a go-around, the Hawker would have come to a halt within the 1,000 foot grass safety area beyond the end of Runway 30.

Consequently, the NTSB issued a recommendation that newly certificated and in-service turbine-p owered aircraft incorporate in their Aircraft Flight Manuals a committed-to-stop point beyond which a go-around should not be attempted.

Tough but Meaningful Lessons

Flight is challenging, in part because risk is always present even when conditions seem benign. Complacency continually lurks nearby, tempting the experienced aviator to skip through Standard Operating Procedures or cut planning short. Checklist discipline is easily overlooked, and what may appear to be just another routine landing might contain the elements of mishap.

Although it is painful to assign probable cause to aviators who train thoroughly and try their best to fly all missions safely, the NTSB and its counterpart agencies in other countries provide a great service to the aviation community. No aviator ventures skyward intending to have an accident or mishap. They do their best, and nearly always achieve success. But when something does go wrong, the community is able to learn from their misfortune.

Aviation’s approach to accident investigation is one its greatest virtues. Probable cause is identified solely to help others avoid repeating the tragedy. With few exceptions, US law prohibits findings of the NTSB from being used in ci vil lawsuits. Specifically, “No part of any report or reports of the National Transportation Safety Board relating to any accident or the investigation thereof, shall be admitted as evidence or used in any suit or action for damages growing out of any matter mentioned in such report or reports.”

Perhaps if the medical profession, which often is besieged by litigation, had such an approach to errors there would not be over 100,000 deaths per year attributed to medical mistakes in US hospitals. T

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Aircraft Index see Page 145

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BOARDROOM T BUYING & SELLING

Should You Buy a New or Used Aircraft?

The Proverbial Question and the Considerations to Help Answer It…

Today, there are a large number of great aircraft from which buyers can choose. The differences between new and used aircraft are significant, however, with price being only part of the story.

David Wyndham explores how to decide among available options. onsider the Large Cabin jet market. Since the 2008 recession, this segment stayed relatively safe from the significant descent in used aircraft prices—that is, until 2015. In the last two years, declining oil prices and a slowdown in emerging markets saw new aircraft deliveries of Large Cabin jets decline 8.2% from 2014 to 2015, and 20.6% from 2015 to 2016

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totals. Bombardier, Dassault and Gulfstream have all reduced the number of expected new jet deliveries in 2017 too.

The Vref Index for Late Model Large Jets fell 52% over the past five years. It consists of the used selling prices for late model Bombardier Global 5000, Gulfstream G450, Gulfstream G550, Falcon 900EX, Falcon 7X and Embraer Legacy 650 jets.

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BOARDROOM T BUYING & SELLING

Discussions with a few experts in the finance industry indicate that a 10% per year decline in values is a good estimate for at least the next two years.

Based upon recent market dynamics, a 10-year old version of these aircraft can be purchased with an average savings of $38m over their list price when new (source, Vref 2017 Volume 2). Within all available model years, AMSTAT indicates reasonably good aircraft availability of these popular business jets, see Table A (above).

Before we close this case in favor of purchasing used aircraft, consider all the evidence. Remember to set up a competitive acquisition and evaluate all the variables beyond just price.

Big Issue Considerations

New business jets offer the latest in avionics that meet all current and known future air navigation requirements. You specify the aircraft’s paint colors and style, and configure the interior with the layout, materials and options that you desire.

Once the aircraft is delivered and accepted by your aviation department, flight operations can begin immediately.

Such is not the case with used aircraft; there may be many considerations that cost both time and money, including the aircraft coming with whatever the current owner has for paint and interior. The avionics, while certainly modern and capable, may not meet all the known future air navigation requirements.

Below are some rough budget costs for some items that your used Large Cabin jet may require to satisfy your needs: • • • •

Large Cabin business jet engines may be operational for 7,200 hours or more before needing major maintenance or an overhaul. Within this aircraft category, aircraft engines typically are on a guaranteed hourly maintenance program. If not, overhaul costs can run to $1m+ for each engine.

Putting the used aircraft into service won’t require that all the above items be accomplished, but comprehensive aspects of the aircraft selected must be considered. What needs to be done will cost both money and time.

At a minimum, paint and interior work are needed every six to eight years. Avionics upgrades are commonly needed by then as well. Minimum time to get this work done varies with the complexity of the required tasks, but budgeting between three and six months is prudent.

The Last Item for Your Consideration

The models used as examples in this article are still in production and are among the finest their manufacturers produce. There are newer designs, however, with bigger cabins, more speed and more capability entering the marketplace. An example is offered in Table B (below).

Availability of good, used jet models of recent designs is limited, even in the current buyer’s market. Finding the proper balance between timely availability, optimum equipage, pristine livery and price depends on your company’s mission and use for Business Aviation. T

Repaint the Exterior: $200,000-$300,000 Refurbish the Interior: $800,000-$1,000,000 (more for a brand new) Avionics Mandates: $200,000-$1,000,000 in upgrades WiFi, Cabin Systems: $150,000+

New aircraft are delivered ready to operate, with zero maintenance due. All of their engines and components have zero time on them. Almost all unscheduled maintenance for a given period of time is covered by the new aircraft warranty.

Used business jets typically fly 300-500 annual hours. Thus used aircraft arrive on your ramp with wear and tear on the airframe, engine and systems. Most business jets tend to require some major scheduled maintenance every six-12 years.

Inspections schedules vary, so budget $500,000 to $2m for airframe maintenance on your used aircraft for the first year.

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

The best aircraft for sale search anywhere, everywhere - on pc, smartphone and tablet.

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What’s Your Business Aircraft Worth Today?

Points of Value Specific to Cessna’s Larger Cabin Business Jets Senior Certified Aircraft Appraiser Jeremy Cox continues his series spotlighting aircraft makes and models and their value points in today’s market. This month, the focus is on Cessna’s larger business jet models… hile the Business Aviation community awaits the certification and first deliveries of Cessna’s future $35m flagship model, the Citation Hemisphere, sometime after 2020, how does the owner of a stand-up cabin Citation already on the market evaluate its worth?

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Overview of Cessna’s Larger Model Jets

The imminent flagship of Cessna’s Citation fleet is the $23.995m Citation Longitude (expected to begin delivering late 2017/early 2018), which provides performance and cabin enhancements over the ‘game-changing’ Citation Latitude.

Curiously its design roots may be more attributable to the Hawker 4000 program that Textron Aviation bought from Beechcraft Corporation.

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Citation customers looking to step up into the forthcoming Citation Hemisphere, and who typically have a requirement for additional range over what the Longitude offers.

A brief comparison between the Longitude and the $16.35m Citation Latitude shows a longer cabin in the Longitude, while its cross-section is the same as that of the Latitude. That extra length is put to good use, as the Longitude will accommodate 12 passengers (over the nine of the Latitude). It will also fly about 800nm further and 30 knots faster.

Topping the longer-established in-production models of the larger Citation product range are the Citation Sovereign and the Citation X. There are three versions of the Citation Sovereign, including: • •

Citation Sovereign (original model): Powered by PW306C FADEC engines, and offering Primus EPIC 4-tube integrated avionics; Citation Sovereign (Elliptical Winglets): From 2013, the Citation Sovereign was built with Elliptical Winglets (S/N 501 onward);

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being released from the NetJets program to prevent overall market value loss. The program, implemented by Cessna in Wichita, included a full avionics panel upgrade and a 5-Year/1,500 Hours Warranty, plus two ProParts Enrollment Options, Rolls-Royce Corporate Care Enrollment and Cessna AuxAdvantage Enrollment.

Jeremy Cox is Vice President at JetBrokers, Inc, a National Aircraft Appraisers Association (NAAA) Senior Certified Aircraft Appraiser, as well as a NAAA Qualified Buyer’s Agent. Jeremy has been a Director of Maintenance for several different companies and employed by several airframe OEMs’ independent Service Centers. Contact him via jcox@jetbrokers.com

Finally, we have the $12.75m Citation XLS+, which differs from the straight Citation XLS by having FADEC controlled PW545C engines with 4,119 lbs of thrust each (128 lbs more than the PW545B models on the Citation XLS, which didn’t have FADEC.) The Citation XLS+ features a fullyintegrated Proline 21 Avionics Suite, with 4-Tube EFIS, whereas the original XLS model has a 3-Tube Primus 1000, and UNS-1Esp FMS as standard, without the full integration provided by the Proline System.

The Citation Excel, from which the XLS+ and XLS derive, was powered by PW545A engines. All three models share the same fuselage as the Cessna Citation X.

Earlier-Model Stand-Up Cabins

•

Citation Sovereign+: After 2014, PW306D FADEC engines were utilized on the $17.895m Sovereign along with the Garmin G5000 touch-screen panel. As a result of these enhancements, the Sovereign+ offers 137 lbs additional thrust (per engine), and 475 lbs greater MGTOW over the original model.

The Citation III was a radical ‘clean-sheet’ project for Cessna. As the aircraft neared its FAA acceptance in 1982, Cessna was advertising it both as the “…most fuel-efficient…and….the most advanced - business jet in the world”.

The most notable difference of the 650 series versus the 500 series Citations is the supercritical 25-degree - swept wing in-place of Cessna’s signature ‘straight wing’ design. It was also the first Citation with a T-Tail configuration. The differences between the trio of CE650 models follows: •

Meanwhile, there are two versions of the Citation X, including: •

•

•

Citation X: The original model delivered between 1996-2012, and was a clean-sheet design. Powered by Rolls-Royce AE3007C engines, this Citation became the quickest civil aircraft following the demise of Concorde.

After 2010 Cessna offered the Citation X with AE3007C1 engines, producing 322 lbs more thrust each, while lengthening the cabin by over a foot. MGTOW also increased.

Citation X+: In production since 2012, the $23.365m Citation X+ offers 278 lbs increased thrust from each Rolls-Royce AE3007C2 engine and auto-throttles as standard.

Garmin’s G5000 avionics suite and Elliptical Winglets also became standard.

Citation X Elite: This was a factory upgrade program designed specifically for the aircraft

Advertising Enquiries see Page 4

•

•

Model III: TFE731-3C-100S engines. Steam gauges until 1985, then Bendix-King EDZ640, 4-Tube EFIS. Multiple Auxiliary Power Units Options available for all years of the III and VI (Sundstrand T-62T-40C3A1/Garrett GTCP36150W).

Model VI: TFE731-3B-100S engines. BendixKing EDZ650, 5-Tube EFIS. Sundstrand, or Garrett optional APUs. The VI was introduced as a lower priced model, by having a lower cost avionics suite, as well as fewer interior configuration options than the III, and later VII. Model VII: TFE731-4R-2S engines (780 lbs more thrust than the III and VI.) Honeywell EDZ816, 5-Tube EFIS. Garrett GTCP36-150W Auxiliary Power Unit. The VII had a variety of interior configuration options.

Residual Values Thumbnail •

The residual value of a 2015 Citation Latitude is indicated to be at about 83% of its new value, based upon a 2015 List Price of $16.25m, and a retail value today of $13.5m.

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• • • •

The residual value of a 2008 Citation Sovereign is currently at about 41% of its new value (2008 List Price was $16.904m; current retail value $6.9m).

The residual value of a 2001 Citation X is about 19% of its new value (2001 List Price was $18.19m; current retail value is $3.5m).

The residual value of a 2000 Citation Excel is about 33% of its new value (2000 List Price was $8.545m; current retail value $2.8m).

The lowest residual value of the series is found with the Citation III. A 1985 model has a residual value that is about 12% of its original list price ($700k today, versus $5.7m thirty-two years ago).

An Insight into Annual Utilization

All of the current and post production Citations discussed within this article, are projected by the Aircraft Bluebook to accumulate an average of 380 flight hours per year. The highest annual projection belongs to the Citation X (410 flight hours per year). The lowest is assigned to the Citation Excel (350 flight hours per year).

Specific Upgrades/Modifications

Here follows a list of Appraised Value Add-Ons for each Citation model discussed in this article. Note, these are my numbers, not the numbers from the value guides. They are also not valued ‘dollar for dollar’ from the options guides for each aircraft, except for the Latitude, which is too new to have much variance on options values…

Citation Latitude • • • • •

Full FANS 1/A - $130,000 CPDLC only – $70,000 Flight Data Recorder - $168,000 GoGo Biz ATG-4000 with Swift Broadband - $135,000 FWD RH Side-Facing Seat - $43,300

Jeremy Cox is experienced in presenting his expertise at aviation meetings, seminars and conferences.

If you have an upcoming event and would like to discuss having Jeremy present, you can contact him via jcox@jetbrokers.com

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Citation Sovereign • • •

Flight Data Recorder - $90,000 GoGo ATG-5000 - $135,000 GoGo Biz ATG-4000 with Swift Broadband - $150,000

Citation X • • • • •

Cessna Elite Upgrade - $2,500,000 Winglets - $450,000 Autothrottles - $180,000 Flight Data Recorder - $90,000 GoGo ATG-5000 - $135,000

Citation XLS • • •

No Auxiliary Power Unit installed - ($175,000) Deduction Flight Data Recorder - $90,000 GoGo ATG-4000 - $120,000

Citation Excel

• • • •

No Auxiliary Power Unit installed - ($175,000) Deduction No External Lavatory Service - ($50,000) Deduction Flight Data Recorder - $90,000 GoGo ATG-4000 - $120,000

Citation III • •

No Auxiliary Power Unit installed - ($100,000) Deduction Flight Data Recorder - $40,000

Citation VI • •

No TCAS-II - ($50,000) Deduction Flight Data Recorder - $40,000

Citation VII • •

No TCAS-II - ($50,000) Deduction Flight Data Recorder - $40,000 T

Respective Cessna Citation Stand-Up Cabin Model Manufacture & Fleet Numbers • • • • • • • •

Citation Latitude: Citation Sovereign/+ Citation X/Elite/+ Citation XLS/+ Citation Excel Citation III Citation VI Citation VII

2014 - Present 2002 - Present 1996 - Present 2004 - Present 1996 - 2004 1982 - 1991 1991 - 1995 1992 - 2000

93 total built (86 currently active) 421 total built (416 currently active) 346 total built (336 currently active) 557 total built (550 currently active) 372 total built (367 currently active) 203 total built (188 currently active) 38 total built (36 currently active) 118 total built (115 currently active)

Total Active Cessna Citation Stand-Up Cabin Jets = 2,094

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BOARDROOM T BUYING & SELLING

The Five-Point Checklist Every Used Jet Buyer Needs Whether you’re buying your first used jet, or preparing for the latest arrival to an already established flight department, savvy buyers make the right decisions early in the process, asserts Jet Tolbert, American Aircraft Sales. Here are notes to help with your decision-making…

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.

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he crucial early steps of an aircraft acquisition set the stage to ensure you’re buying the right aircraft at the right price, and that regulatory procedures are correctly followed to ensure the newly acquired jet is put into service as soon as the money clears the bank.

Setting Yourself Up For a Fall?

Lately I have become increasingly aware of buyers who are relying on non-aviation-savvy vendors they trust in other facets of their business for the purchase of an aircraft. These vendors are undoubtedly very well versed in their respective

AVBUYER MAGAZINE – July 2017

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areas of expertise, but make no mistake: they are not proficient in dealing with the intricacies of aircraft transactions.

I have seen buyers using non-aviation proficient vendors who have had their jet grounded and flights cancelled as the result of unforeseen problems that a vendor specialized in aviation could have seen or anticipated.

While an aircraft purchase can be a very smooth process, and sometimes may even seem easy when managed by seasoned professionals, you should never underestimate the dozens of crucial decisions that are made throughout the acquisition process. Getting any one of them wrong could result in regulatory problems after the purchase.

Setting the Stage for a Predictable Outcome

In 99% of the smooth-flowing transactions I have been involved with, the buyer and seller had both Aircraft Index see Page 145

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“When outside help was needed, only aviation-specific contractors were used, most often as referred by another trusted aviation professional.” bought into the idea of creating an environment that was managed by aviation professionals. When outside help was needed, only aviation-specific contractors were used, most often as referred by another trusted aviation professional.

Keep in mind those with well-established firms that regularly handle aircraft transactions will have their own internal checklists and processes to ensure their performance is exact and dovetails to the input offered by other advisors.

Those firms will also have a deep well of industry connections from which to draw, and refer other advisors.

Your Checklist: Building Your Advisory Board

A good acquisition team is the backbone to any successful transaction. While it’s true there are experienced aircraft sales agents who will go out of their way to ensure the entity buying their aircraft has all their ducks in a row, there are too many sellers who are not prioritizing the buyer’s needs.

As the buyer, you should make sure all of the ‘t’s’ are crossed and the ‘i’s’ dotted by building a team around you and getting the right advice throughout the process from the following key players: 108

AVBUYER MAGAZINE – July 2017

• • • • •

The Buyer’s Agent: Manages the aircraft selection and coordinates communication internally (including with the seller); Aviation Attorney: Ensures proper documentation and closing mechanisms; Technical Inspector: Coordinates the inspection and analyzes the inspection report; Escrow Agent: Manages funds and documents; Aviation Tax Professional: Advises on sales tax as well as tax-deferment strategies.

In Closing…

Aircraft transactions move quickly. Sellers are reluctant to take their aircraft off the market without an offer that indicates a clear and efficient timeline for inspection and closing. Before any offer is tendered, however, the buyer should be well prepared with their financing in place, documents and closing processes vetted by aviation counsel, aviation tax advisor and aircraft technical inspector, ready to go.

Having a relationship with a trusted, longestablished broker or acquisition agent will help make sure the process is handled smoothly from start-to-finish, with the right advisors guiding you with the right decisions every step of the way. T

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CorporateCare® Relax, we’ve got you covered.

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July 2017

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“I would like to commend JetBed for developing such a wonderful tool for use in our aircraft fleet. The JetBeds are such a great addition to our cabin requirements.

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Bombardier C300, C600 Series, Conference Group, Learjet 40 Series, Learjet 60, Global Express (5000, 6000, 7000, 8000)

Cessna CJ, CJ1, CJ1+, CJ2, CJ2+, CJ3, CJ4, XL, XLS & XLS+, Ultra, Encore, Encore+, Citation X, Citation Sovereign, Citation Mustang Dassault F2000, F900, F7X, Falcon 50, Conference Group

Gulfsteam G200, G280, Galaxy, GIV, G450, GV, G550, G650, G650 Conference Group, G650 Crew Rest, G650 Conference Group, GV Crew Rest, G550 Crew Rest, Conference Group Hawker XP Series

Embraer Phenom 100 & 300 Legacy 600 Series Legacy 600/650 Conference Group Pilatus PC-12

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COMMUNITY NEWS T REVIEW

OEM Bites Airbus Helicopters launched Airbus Corporate Helicopters (ACH), its highend, bespoke brand, at EBACE 2017.

The company says ACH provides an exclusive platform from which customers can benefit from best in class products, tailored completion and service. www.airbushelicopters.com AIRBUS

Air Hamburg Expands its Embraer Fleet OEM Notes Increase in Charter Interest for Legacy 650E

Bombardier Business Aircraft and Leggett & Platt, Inc., of Carthage, Missouri have celebrated an historic milestone in Business Aviation, the delivery of the 3,000th Learjet to be produced. The aircraft is also the 100th Learjet 75 to be delivered and the second to join Leggett & Platt's fleet.. www.businessaircraft.bombardier.com BOMBARDIER

Embraer noted an increased interest in the Legacy 650E from charter operators as it announced Air Hamburg as the launch customer for the new Legacy 650E… ir Hamburg has expanded its Embraer business jet fleet with an additional order for three new Legacy 650Es - a contract that has a value of $77.7m, based on current list prices. The aircraft fleet delivery is scheduled for Q3 of this year.

Embraer has observed a growing interest in the Legacy 650E by charter operators. As one of Europe’s largest business jet service providers, Air

A

Hamburg added one Legacy 500 as well as one Phenom 300 to its fleet earlier this year, which now totals 11 Embraer aircraft.

In additional Embraer news, the Brazilian-based OEM has announced the appointment of JF Service as its new authorized service center for Legacy 450 and Legacy 500 business jets in Russia.

More from www.embraerexecutivejets.com

The BEST AIRCRAFT FOR SALE SEARCH

Cirrus announced that two major milestones in the global launch of the world’s first single-engine Personal Jet were reached recently: Type Certificate approval from EASA, and the delivery of the first aircraft to Europe. www.cirrusaircraft.com  CIRRUS

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COMMUNITY NEWS T REVIEW

OEM Bites Gulfstream recently announced that the first fully outfitted Gulfstream G500 test aircraft made its European debut by setting a city-pair record from Savannah to Paris. The aircraft flew between the two cities in 7 hours and 40 minutes, covering the 3,788nm distance at an average speed of Mach 0.90. www.gulfstream.com GULFSTREAM

Green Light for Stratos Flight Testing Moves Up a Notch…

Stratos Aircraft received clearance to move into the next phase of the flight-testing program for its Stratos 714 single-engine personal jet after the FAA removed initial flight limitations, including distance restrictions… fter years in development, the Stratos 714 first flew on November 30 last year and has since logged 42 hours and 33 flights, reaching speeds of 320 ktas and an altitude of 17,000 feet.

The aircraft, powered by an embedded Pratt & Whitney Canada JT15D-5, is set for upholstery and painting shortly and will make its public debut at this month’s EAA AirVenture show in Oshkosh. Plans call for

A

continued flight testing before it makes another appearance at NBAA’s BACE2017 convention in October.

Stratos has not yet begun taking deposits on the aircraft, saying it is waiting until it is nearer to certification. But the company is “recording expressions of interest”. The aircraft, which will be certified under Part 23, is designed for a speed of 400 knots and a 1,500nm range.

More from www.stratosaircraft.com

One Aviation has selected Williams International FJ33-5A-12 turbofan engines to power its newest jet announced last year under the name Project Canada. The aircraft, designated EA700, is an upgrade and 14-inch stretch of the Eclipse 500/550.

It will hold more fuel in its wing, which is lengthened by two-foot extensions on each side, will have more cabin volume and will be equipped with Garmin G3000 avionics. www.oneaviation.aero ONE AVIATION

Textron Aviation announced the rollout of the first production unit of the Cessna Citation Longitude, the company’s latest clean-sheet design, super-midsize business jet. This aircraft will join the company’s demonstration fleet this summer and will travel the world to showcase the Longitude’s capabilities and interior to customers. www.txtav.com  TEXTRON AVIATION

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COMMUNITY NEWS T PEOPLE

Bruce Byerly returned as an owner of Byerly Aviation, the long-time Commander service center founded by his grandfather, R. Millard Byerly.

BizAv Events 2017

Mark Campbell was appointed as a sales manager at Constant Aviation, focussing on Bombardier, Cessna and Falcon aircraft in the US Southeast.

Eric Green

Eric Green joined Baker Aviation, a full service aircraft maintenance, management, and charter company in North Texas, as maintenance accountable manager.

Tiffany Griffin has joined Duncan Aviation’s paint and interior modification sales team at the company’s Battle Creek, Michigan, facility.

Janine Iannarelli

Janine Iannarelli founder and president of Par Avion, has been appointed chair of the European Business Aviation Association’s (EBAA) Associate Members Advisory Council (AMAC) Sales & Acquisitions Committee.

Daniel Kunz has been appointed managing partner and director, aircraft sales at Premium Jet. Trisha Lakatos is now sales director for the Eastern U.S. and Canada on behalf of ACASS. Most recently she was a sales development manager at Gulfstream.

Scott McKenzie

Scott McKenzie took over the administration of all OEM aftermarket warranty programs at Duncan Aviation.

Alex Miles becomes commercial manager at Luxaviation UK, the largest private jet charter operator in the UK.

Alex Miles

Steven Plumridge was recently appointed general manager at Gulfstream’s service center at London Luton Airport in Luton, England. He will oversee all aspects of MRO at the facility.

Chuck Siehr has been appointed director of sales and marketing for Global Jet Services. Siehr previously spent 27 years with StandardAero.

Matt Sorace is promoted to flight department manager at Cutter Aviation based at Phoenix Sky Harbor Airport.

Steven Plumridge

Kandi Spangler will chair of the Colorado Aviation Business Association (CABA). Spangler from Jet Quest is joined by Chris Swathwood from Jet Advisors, who serves as the Organization’s vice chair.

Rudy Toering, president & CEO of the Canadian Business Aviation Association, plans to retire in February 2018. Toering, who has more than 40 years of industry experience, has led the association since 2013. T

Kandi Spangler

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EAA Airventure Jul 24-30, Oshkosh, MI, USA www.eaa.org

Baltic Business Aviation Forum Aug 10, Jurmala, Latvia www.quaynote.com

NBAA Regional Forum Sep 7 Morristown, NJ, USA www.nbaa.org

Jet Expo Sep 7 - 9, Moscow, Russia www.jetexpo.ru

AOPA Regional Fly-In Sep 8 - 9, Norman, OK, USA www.aopa.org

The Elite New York Sep 8 - 9, New Jersey www.theeliteevents.com

Air Charter Expo (ACE’17) Sep 12, London Biggin Hill, UK www.aircharterexpo.com

MEBAA Show Morocco Sep 12 – 13, Marrakesh, Morocco www.dubai.aero

AOPA Regional Fly-In Oct 6 – 7, Groton, CT, USA www.aopa.org

NBAA: Convention & Exhibition Oct. 10 – 12, Las Vegas, NV, USA www.nbaa.org

African Airshow Oct 24 – 26, Accra, Ghana www.africanairexpo.com

AOPA Regional Fly-In Oct 27 – 28, Tampa, FL, USA www.aopa.org

Bombardier Safety Standdown Oct 31 – Nov 2, Wichita, KS, USA www.safetystanddown.com

Dubai Airshow 2017 Nov 12 - 16, Dubai, UAE www.dubaiairshow.com

AfBAC EXPO Nov 30 – Dec 1, Lanseria, South Africa www.afbaa.org/expo Aircraft Index see Page 145

MORRISTOWN REGIONAL FORUM September 7, 2017

This industry event brings together local business aircraft owners, operators, manufacturers, and other aviation professionals for one-day 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 the static display and take part in education sessions throughout the day. Visit the website to learn more and register today.

REGISTER NOW: www.nbaa.org/forums/2017mmu

Products & Services July.qxp_Layout 1 21/06/2017 11:53 Page 1

PRODUCTS & SERVICES CB Aviation Introduces CB SkyShare A Business Aviation Revolution for the Western United States

Jet Aviation Lands Two Medevac Conversions

Converting Aircraft from VIP Charter to Medevac

CB Aviation, a global leader in aircraft sales, delivery, maintenance, and FBO services announces the introduction of CB SkyShare – a revolutionary business aviation concept for companies and individuals located in the Western United States.

CB SkyShare is a jet fractional ownership program offering all the benefits of private aviation without the hassle and maintenance associated with traditional aircraft Cory Bengtzen ownership. This new jet CEO - CB Aviation share program provides the opportunity for businesses and individuals to buy into one aircraft with shares starting at $175k while simultaneously providing access to a rapidly expanding fleet of Pilatus PC-12 Turboprops, along with Phenom 100 and CJ2 jets.

The best part of this program is that CB SkyShare handles everything: professionally trained pilots, all aircraft maintenance, engine overhauls, insurance, ongoing pilot training, concierge service, hangaring, etc. In addition to providing a fully turnkey ownership experience, the CB SkyShare program also guarantees no relocation fees for delivery of any aircraft to a share owner’s departing airport anywhere in the Western United States. “We are beyond thrilled to introduce a jet share service that has been so needed in the Western United States. With CB SkyShare, there is finally a jet share program providing local, successful businesses the time savings, convenience, and lifestyle advantages of executive/personal flying at a cost justifiable for company and personal use,” said Cory Bengtzen, CB Aviation’s CEO. All CB SkyShare aircraft will be in like-new condition, including new custom paint, freshly refurbished interiors in Pininfarina style and equipped with Wi-Fi. To learn more about this program, please contact CB Aviation by phone at 801-621-0326, email info@cbskyshare.com, on the web at www.cbskyshare.com, or visit our corporate Headquarters, CB Jet Center at Ogden Airport (KOGD)

Jet Aviation has recently been awarded two medical evacuation (Medevac) conversions at its maintenance facility in Basel. An Embraer Legacy 600 is being converted for a customer in Asia. For a customer in the Middle East, an Embraer Legacy 650 conversion is underway.

Jet Aviation developed and owns a Supplemental Type Certificate (STC) that ensures short reconfiguration cycle periods and extreme flexibility in the operation of Embraer Executive Jets. The company is now converting the two Embraer Legacy aircraft to serve both as Medevac and VIP charter aircraft. Both aircraft will be approved through the company’s EASA-Part 21 organization.

With Jet Aviation’s modifications, it will be possible to convert the aircraft from VIP charter aircraft to medical evacuation aircraft within just a few hours. As VIP charter aircraft, the two Legacys will each accommodate up to fourteen passengers.

When converted for medical evacuation, the Legacy 650 will present four patient stretcher and loading systems. The Legacy 600 will support two. www.jetaviation.com/basel

The BEST AIRCRAFT FOR SALE SEARCH anywhere, everywhere - on pc, smartphone and tablet.

ONLINE I PRINT I BROADCAST I EVENTS

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Aircraft Index see Page 145

Jet Sense Aviation Beechjet400A June.qxp_Empyrean 20/06/2017 16:47 Page 1

S H O W C A S E

Priced at $995,000 1999 Hawker 400A Serial Number: Registration: Airframe TT: Landings:

RK-262 N300GB 3595 4350

 Thrust Reversers  Engine Fan Synch  RVSM Compliant  R-134A Freon Air  Artex C406-2 ELT  4 Tube EFIS Airframe Maintenance Tracking - Avtrak Engines Description: S/N: THSN: THSO: TSHS: Inspections A Inspection B Inspection C Inspection D Inspection

Left JT15D-5 PCE-100165 3978.7 Hours 448.9 Hours

Right JT15D-5 PCE-100166 4107.8 Hours 1776 Hours 1.2 Hours

Last Performed In Progress In Progress August 2013 December 2013

Next Due In 3795 Hours 3995 Hours 4471.1 Hours 5000

Avionics Communication: Navigation: Transponder: DME: ADF: Radar: Flight Director: Auto Pilot: FMS: RMI: TCAS:

Dual Collins VHF-422C Dual Collins VIR-4 Dual Collins TDR-94D Dual Collins DME-442 Collins ADF-462 Collins TWR-850 Color Dual Collins FCS-850 Collins FCC-4000 Dual Collins FMS-5000 w/GPS Dual Collins Collins TCAS 94 TCAS-II w/change 7 Honeywell Mark V Radar Altimeter: Collins ALT-55B FDR: L3 Communications FA2100 CVR: Fairchild A100S EFIS: 4 Tube EFIS Interior Refurbished Oct 2007 Number of Passengers: Eight (8); 7 Cabin Chairs in Center Configuration, 1 Lav Seat Refreshment Center Location: Fwd Galley Lavatory Location: Aft Lav Refurbished By: Hawker Beechcraft ICT Exterior Base Paint Color(s): Matterhorn White Stripe Color(s): Beep Blue & Clarette

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 July 2017 – AVBUYER MAGAZINE

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Jet Sense Aviation Citation X June.qxp_Empyrean 20/06/2017 16:48 Page 1

S H O W C A S E

1999 Cessna Citation X Serial Number: Registration: Airframe TT: Landings:

750-0082 N712FL 13087.8 8842

 ATG-4000 WiFi  Elliptical Winglet Technology Winglets  Engines on Rolls Royce Corporate Care  APU on MSP  Fresh Prebuy Including Window & Windshield Checks, Fuel Leak Checks, Brake Wear Check, Engine Performance Runs, Borescopes of Engines & APU Airframe Maintenance Tracking - CESCOM Engines Left Right Description: Rolls Royce Rolls Royce S/N: CAE330175 PCE-DB0238 THSN: 12828 Hours 12588 Hours TCSO: 8711 Hours 8511 Hours Program: Rolls Royce Corporate Care APU Allied Signal GTCP36-150(CX) Serial Number: P-196 Total Hours Since New: 10664 Hours Program Coverage: MSP Avionics HONEYWELL PRIMUS P-2000 AVIONICS SUITE 5 Tube Honeywell EFIS Honeywell RCZ-850 VHF Comm w/8.33 KHz Freq. Spac.

Honeywell RNZ-850 VHF VOR/LOC/GLS/MKR w/FM Immunity Dual Honeywell FNZ-2000 FMS w/Dual 12-ch GPS Dual Honeywell Laseref III LIRS Dual King KHF-950 HF w/Coltech CSD-714 Selcal Dual Honeywell AV-850 Digital Audio Panels Dual Honeywell RM-855 w/Color CDU’s Honeywell Primus 880 Stabilized Color Weather Radar Standby Gyro and ALT/AS Indicator Interior Refurbished in 2017 Number of Passengers: Eight (8) Refreshment Center Location: Fwd Refreshment Center Lavatory Location: Aft Lav Other Notable Features: Executive Fireblocked Interior, Eight (8) Place Exective Club Arrangment, All Seats Taupe Leather with Gray Accent Leather Sidewalls Covered in Back-stage Starlet Material, Window Lines in Xenon II Fabric, Headliners Cov-ered in Milkweek Ultra Leather, Natural Gray Carpet, Birdseye Maple Woodwork with Full Fill High Gloss Finish Exterior Base Paint Color(s): Chevron White Stripe Color(s): Charcoal Gray, Antique Gold, Turquoise Green Additional Equipment  Elliptical Winglet Technology Winglets  Aircell ATG-4000 WiFi  76 Cubic Foot Extended Range O2 System  Thrust Reversers  Precise Flight Pulselite System  External Power Receptacle

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 145

Jet Sense Aviation Lear 40XR June.qxp_Empyrean 20/06/2017 16:50 Page 1

S H O W C A S E

Call for Pricing 2005 Bombardier Learjet 40XR Serial Number: Registration: Airframe TT: Landings:

2037 N119DJ 6792 5430

• MSP Gold • Extended Range Mod ($250K) • New Carpet in 2015 • New Striping & Permaguard in 2015 • Interior Refurbished in 2014 • RVSM Capable • Air Conditioning in Lieu of APU • TCAS II Engines Left Engine Description Honeywell TFE 731-20BR-1B S/N: P-116646C THSN: 6693.5 Hours TCSN: 5350 Program Coverage MSP GOLD Engines Right Engine Description Honeywell TFE 731-20BR-1B S/N: P-116647C THSN: 6434.8 Hours TCSN: 5125 Program Coverage MSP GOLD Avionics PRIMUS 1000 AVIONICS SYSTEM 4-Tube Primus 1000 DU-870 EFIS/MFD 1 Universal UNS-1C 1 TCAS II

2 AZ-850 2 AHZ-800 2 Honeywell RNZ-851 1 YES 2 Honeywell RCZ-833 1 Honeywell Primus WU-660 w/ Color 1 Honeywell Mark V w/ Windshear Alert Additional Features • Extended Range Mod ($250,000) • New Striping & Permaguard in 2015 • New Carpet in 2015 • Interior Refurbished in 2014 • TCAS II • RVSM Capable • Air Conditioner in Lieu of APU Interior Number of Passengers Seven (7) Refreshment Center Location Fwd Refreshment Center Lavatory Location Aft Belted Lav Other Notable Features: Refurbished 2014: Six (6) Passenger Seats and One (1) Belted Lav, Fea-tures Six (6) Executive Club Chairs with Four Fold-Out Tables, Forward Galley and Standard Aft Lav, External Baggage Compartment Exterior Base Paint Color(s) Matterhorn White & Blue Stripe Color(s) Silver Metallic

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 July 2017 – AVBUYER MAGAZINE

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IJM July.qxp_Empyrean 20/06/2017 16:51 Page 1

S H O W C A S E

2013 Embraer Lineage 1000 Serial Number: Registration: Airframe TT: Landings:

19000571 OE-LUV 968 310

Discover the maximum convenience in travel experience. Get on-board this fantastic Wide-Body aircraft and feel at home.

• Fresh 48 month inspection • Spacious cabin for up to 19 passengers configured in 5 zones • Stunning aft bedroom with Queen Size bed • Spacious aft lavatory and stand up shower • Cabin WI-FI and high speed internet access • Airframe enrolled on Embraer Enhanced Care • Engines enrolled on GE On-Point • Operated under EU OPS 1 Basic Data AFTT: 968 hrs, AFTC: 310 ldgs, ENGTT: 968 hrs, ENGTC: 310 cyc

Cabin and Equipment The cabin is split into five distinctive zones separated by privacy doors, crew area and crew lavatory, a galley offering all the functions of a state of the art kitchen. Full berthing reclining capabilities as well as an open and spacious mid-section coming with two single club seats, a wardrobe and passenger lavatory a curved two passenger divan to the right and a credenza including a 32 inch LCD display to the left.

A double club seat- opposite to a single club seat configuration leads to the luxurious aft bedroom.

The aft baggage compartment is accessible during flight via a swinging door.

Avionics Honeywell Primus EPIC containing: CPDLC – ATN B1 capability, Selcal capability, Standard avionics meet all requirements for global operations, Category II approach cert., Dual Cursor Control Devices, RNP AR 0.3, EGPWS, Windshear detect. sys., RAAS, Dual FMS, incl.

Worldwide database capability, Vertical Glide Path Mode, Coupled LNAV / VNAV, LPV capability, Com. Mgmt Funct., ACARS with 3rd VHF Modes, Class 2 EFB, 2nd Radio Alt., Dual MCDU, Smart Probes, Dual HF & VHF systems.

International Jet Management Gerald Zenger, Aircraft Sales Manager International Jet Management GmbH Concorde Business Park 2/F14 A-2320 Schwechat, Austria

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Tel: +43 664 839 49 84 or Office: +43 1 707 82 500 Email: aircraft@ijm.at www.ijm.at Aircraft Index see Page 145

Mente July.qxp 20/06/2017 16:53 Page 1

S H O W C A S E

Price: $4.99M

1987 Gulfstream IV

Delray Dobbins, Cell: +1 (214) 551-5151 Tel: +1 (214) 351-9595 E-mail: ddobbins@mentegroup.com

Serial Number: Registration: Airframe TT: Landings:

• Artex C406-N 406 mhz w/ NAV interface ELT (Emergency Locator Transmitter) • Honeywell NZ-2000, s/w 6.1 w/ WAAS/SBAS/LPV GPS FMS (Flight Management System) Triple • Collins 728U-2 w/ SELCAL HF COM (High Freq.

Communications) • Honeywell HUD-2020 HUD (Heads-Up Display) Interior 14 Pax, wide G550 style seats installed by Gulfstream in neutral tan leather. Forward 4 place club seating with mid-cabin 4 place conference group across from credenza. Dual aft 3 person divans in tan leather. New carpet and coverings on lower sidewalls. • Forward and Aft Lav with Envirovac vacuum lav • Electric Window Shades • LED lighting throughout the galley and cabin • Two Pocket Doors; Galley / Forward cabin and mid cabin / aft cabin • Galley Equipment: oven, microwave and Keurig coffeemaker

1024 N44BB 12,126 5,732

• RECENT 72 MO AND ARCS REVIEW BY GULFSTREAM SAV • ENGINE AND APU ON PROGRAMS • PRIMUS ELITE COCKPIT (DU-885, PLANEDECK) • COLLINS VENUE ENTERTAINMENT SYSTEM • FMS 6.1 WAAS/LPV INSTALLED (PRE-REQ. FOR FANS1/A) • SYNTHETIC VISION • ADS-B OUT • WI-FI • HUD APU MSP Gold. Honeywell GTCP 36-150(G), Serial Number P-386-C, Total Time 7,250 Hrs

Engines Corporate Care Tay 611-8 L/H Engine R/H Engine Serial Number 16116 16115 Hours 11,895 12,038 Cycles 5,665 5,707 Avionics • Dual Honeywell ADC (Air Data Computer) • Allied/Signal w/ SATCOM Link AFIS (Airborne Flight Information System) • Fairchild/Loral A-100 CVR (Cockpit Voice Recorder) • Honeywell DL950, ASC 464 Data Loader, USB • Collins DME-442 DME (Distance Measuring Equipment) • Honeywell PlaneDeck DU-885 EFIS (Electronic Flight Instrument System) • Sundstrand Mark V w/ Windshear Detection EGPWS (Enhanced Ground Proximity Warning System

Price: $15.795M

2011 Dassault Falcon 2000LX

Dan Dunn, Cell: +1 (203) 808 -1687 Tel: +1(848) 220-9370 E-mail: ddunn@mentegroup.com

Serial Number: Registration: Airframe TT:

Weather RADAR 1 Honeywell Primus 880 Distance Measuring 2 Honeywell DM-855 Air Traffic Control 2 Honeywell XS-857A Radio Altimeter – Traffic Alert & Collision Avoidance 1 ACSS TCAS-2000 w/ change 7.1 Interior Ten passenger floorplan. Forward four place club cabin configuration. Aft Cabin configuration four place dining group opposite two place club. Forward galley features microwave TIA w/ digital controls, High Temp Oven enflite, Coffee/Espresso Maker Iacobucci HFE 96-28T-10 Espresso/Cappuccino; TIA 1603 Coffee Maker, Pocket Door Separating Galley and Cabin. Aft lavatory location.

Equipped with jumpseat. 2014 Complete Refurbishment.

EMTEQ Direct and Indirect LED lighting Exterior Overall white w/Black & Green Striping

177 N900FS 1900

AVAILABLE FOR VIEWING IN NEW HAVEN, CT FACTORY LX MODEL COMPLETE INTERIOR REFURBISHMENT AND NEW PAINT 2014 AIRCELL ATG-4000 HIGH SPEED INTERNET (US DOMESTIC) LED LANDING AND TAXI LIGHTS FULL EASY II AVIONICS UPGRADE INSTALLED, INCLUDING: TCAS 7.1, PAPERLESS COCKPIT / DUAL FILE SERVERS, ADS B OUT, CPDLC, WAAS / LPV RVSM COMPLIANT FRESH C CHECK (AUGUST 2015) Engines Engines: PW308C ESP Gold L/H Engine: 1,900 HRS TSN (Last Reported) R/H Engine: 1,900 HRS TSN (Last Reported)

Avionics Type of Unit Quantity Description VHF Communications 2 Honeywell TR-866B VHF Data Radio 3 Honeywell TR-866B HF Communications 2 Collins HF-9000 SELCAL Honeywell Flight Deck Audio 3 Honeywell AV-900 Emergency Locator 1 ELTA ADT-406 Iridium Telecommunications 1 Aircell Axxess II Communications Management Function (CMF) Honeywell EASy Flight Deck Printer 1 Miltope TP-4840 VOR/ILS MKR 2 Honeywell NV-875A Automatic Direction Finder 2 Honeywell DF-855 GPS 2 Honeywell 90X Flight Management 3 Honeywell EASy Electronic Jeppesen Charts Honeywell EASy

Mente Group, LLC 15301 North Dallas Parkway, Suite 1010 Addison, TX 75001

Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 214 351 9595 www.mentegroup.com

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Wentworth July.qxp 21/06/2017 14:19 Page 1

S H O W C A S E

Boeing 767-200ER Serial Number: Registration:

23896 N2767

Ex-Qantas Airlines with 2007 Gore Design VIP conversion 42 passenger interior with full flat sleeping for 21 Outstanding ownership history with only 2 operators since new Built-in Aft Airstairs Extensive cabin sound reduction ETOPS 180 min. maintained

Engines Approx 1000 Hrs since Nose to Tail restoration of its upgraded JT9D-7R4E Engines APU Honeywell GTCP 331-200 Avionics Honeywell ACARS with SATCOM, CPDLC and FANS1 approval Dual Honeywell Pegasus Flight Management IS&S flat panel system with dual primary Flight and Nav Displays Interior 2 private staterooms, each with its own private lavatory with shower Exterior White top, blue bottom, blue and red striping.

Kept hangared at its base Wentworth Aero, LLC Contact: Wendy Bierwirth Tel: (301) 869-4600 Email: sales@wentworth.aero www.wentworth.aero

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European Aircraft Sales July.qxp_Heeren Cit Ultra sep 21/06/2017 10:14 Page 1

S H O W C A S E

2004 Cessna Citation CJ2 Serial Number: Registration: Airframe TT: Landings:

C525A-0209 OY-UCA 4,054 3,493

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 July 2017 – AVBUYER MAGAZINE 125

Flight Force Airbus A319 May.qxp 20/06/2017 16:58 Page 1

S H O W C A S E

©Airbus S.A.S

2012 Airbus A319 Serial Number: Airframe TT: Landings:

5261 19 3

An outstanding business aircraft in every respect, the Airbus ACJ 319 combines comfort, range, practicality and luxury in one superb package. A development of the very successful Airbus A320 Family, the ACJ 319 has a range of up to 6000nm equipped with two auxiliary central tanks, enough to fly from Abu Dhabi to any destination in Europe Airframe Manufacture Green delivery on 31st December 2012 Completed delivery May 2017 Programs: on CAMP Compliance: JAR/EU Ops-1 Avionics ACJ319-133 Increased MTOW to 76.5t Additional wiring for single HFDL function Activation of HFDL function for AOC System provisions for SRT2100 SATCOM system – Rockwell Collins Aero H+ Installation of electrical outlets in the cockpit Installation of fourth occupant seat in cockpit Installation of electrical foot warmers for pilots Five ACTs configuration (alternate sequence A) Compliance with automatic dependent surveillance – broadcast (ADS-B) Out regulation for non-radar airspace Compliance with European enhanced surveillance (EHS) regulation

Installation of FANS B+ (include VDL mode 2 activation) Installation of Fuel Tank Inerting System IAEX engines – V2527M-A5 at 26,500 lbf nominal thrust (ACJ319-133) Airstairs RVSM Terrain Awareness and Warning System (TAWS) Traffic Collision Avoidance System (TCAS) SATCOM Emergency Locator Transmitter (ELT) Communication Radios with 8.33 MHz spacing FMS: Thales/Smith FMS system Hi Frequency: Dual EGPWS Transponder: Mode S enhanced Cockpit Voice Recorder (CVR) Flight Data Recorder (FDR) FM Immunity Interior Hermes interior design Twenty-five-person executive configuration 3 Cabin Zones: Fwd cabin: four-place conference group opposite threeplace divan Mid cabin: twin facing four-place conference groups and twin seats opposite a three-place divan Aft cabin: Twin single seats opposite a three-place Convertible Divan Dual forward galleys with microwave & coffee maker 2 Flight observer seats (Cockpit) Lavatory: Forward crew & mid-cabin Motivated Seller - Plane is ready to be delivered in May 2017

Giovanni Luciolli Sales Director

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Tel: +33 6 46622320 gluciolli@flightforce.aero

Aircraft Index see Page 145

CAI July.qxp 20/06/2017 17:12 Page 1

S H O W C A S E

A 25% share is available for purchase in the California area

2011 Hawker 900XP Serial Number: Registration: Airframe TT: Landings:

HA-0184 N977HG 1538.2 947

Engine HONEYWELL TFE-731-50R-1H #1: 1,538.2 TSN 947 CSN #2: 1,538.2 TSN 947 CSN APU: HONEYWELL GTCP-36-150W. 846 TSN ENGINES ON MSP 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 Additional Equipment RNP5/10 MNPS COMPLIANT RVSM COMPLIANT THRUST REVERSES WINGLETS PRECISE FLIGHT PULSELITE INTERFACED W/TCAS 4000 CAPABILITY CREW JUMP SEAT DUAL COLLINS DVD PLAYER FOUR (4) LCD MONITORS FORWARD BULKHEAD MONITOR FOUR (4) 750 LITER OXYGEN BOTTLES LOGO LIGHTS TIA WAVJET MICROWAVE 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. NEW PAINT AND INTERIOR 2015 Interior NINE (9) PASSENGER FIREBLOCKED

J.P. Hanley Corporate AirSearch Int'l Inc. Palm Beach, South Florida

Advertising Enquiries see Page 4

www.AvBuyer.com

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 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

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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Empyrean Aircraft Consulting Ltd April.qxp_Empyrean 21/06/2017 10:07 Page 1

S H O W C A S E

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

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Tel: +34 965 88 99 60 Cell: +44 7880 717362 Email: ajb@empyreanaircraft.com www.empyreanaircraft.com Aircraft Index see Page 145

Horizon Aircraft July.qxp_Empyrean 21/06/2017 13:26 Page 1

S H O W C A S E

Gulfstream IV Serial Number: Registration: Airframe TT: Landings:

1055 N450MS 9,990 4,627

• Engines Fully Enrolled on RRCC • APU Fully Enrolled on MSP • Recent Engine Overhauls (TSO: 175) • New Paint 2016 • FMS 6.1 w/ SBAS/WAAS/LPV • ADS-B Out Compliant APU Honeywell GTCP36-150(G) (S/N: P-113) TSN: 2,115 Program: MSP Engines NO 1 ENGINE Rolls Royce TAY 611-8 (S/N: 16213) TSN: 9,990 TSO: 175 Program: Rolls Royce Corporate Care NO 2 ENGINE Rolls Royce TAY 611-8 (S/N: 16222) TSN: 9,990 TSO: 175 Program: Rolls Royce Corporate Care

Advertising Enquiries see Page 4

Avionics Honeywell SPZ-8000 6-tube EFIS System Dual Honeywell NZ-2010 FMS version 6.1 Triple Collins VHF-422C VHF COMM Dual Collins VIR-432 VHF NAV Dual Collins ADF-462 ADF Dual Collins DME-442 DME Dual Collins TDR-94D Transponder Dual Collins HF-9034A HF COMM Triple Honeywell Laseref II INS Single Motorola 1298A Selcal Single Honeywell WU-870 Color Radar Single Artex C406-N ELT Single Fairchild FA-2100 Cockpit Voice Recorder Single Honeywell Mark V EGPWS Interior 13 Passenger Configuration Forward-cabin 4-place Club Mid-cabin 4-place Conference Group Aft-cabin 3-place Divan (Left) Aft-cabin 2-place Club (Right) Forward & Aft Lav Exterior New Paint (2016)

www.AvBuyer.com

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C-Air Transport Services Ltd June.qxp_Empyrean 21/06/2017 09:31 Page 1

S H O W C A S E

1999 Airbus ACJ 319 Serial Number: Airframe TT: Landings:

910 6,536 2,448

• 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: 6,536 Cycles since new: 2,448 APU APIC 3200 Hours since new: 5,592 Cycles since new: 3,548 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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www.AVBUYER.com

Tel: +41-79-295-3741 Email: daniel.kunz@c-air-tsl.com www.c-air-tsl.com

Aircraft Index see Page 145

Asian Sky July.qxp 21/06/2017 13:27 Page 1

S H O W C A S E

2007 Gulfstream G450 Serial Number: Airframe TT: Landings:

4088 2,513 962

· 14 Passengers Configuration with 6 Berthable Single Seats · Fwd Crew, Aft Lavatory, and Aft Galley · SATCOM, High Speed Data · ADSB-out, RVSM · Enhanced Vision System and Heads-up Display · TCAS, TAWS, FDR & CVR · Engine Enrolled on Rolls Royce CorporateCare · APU Enrolled on Honeywell MSP Gold Engines Engine Model: Tay MK 611-8C Engine 1 Serial Number: 85181 Engine 2 Serial Number: 85180 APU APU Model: Honeywell GTCP 36-150 APU Serial Number: P199 Avionics Honeywell Primus EPIC PlaneView IFCS Autopilot Honeywell Primus EPIC PlaneView IFCS / Primus II Avionics Package Triple Honeywell Primus EPIC PlaneView Communication Radios

CVR Honeywell Primus EPIC PlaneView 4-tube 14-inch EFIS FDR (88-parameter) Honeywell Primus EPIC PlaneView IFCS Flight Director MagnaStar w/five handsets Flight Phone Dual 24-channel GPS Triple Honeywell Primus EPIC PlaneView Navigation Radios Honeywell MCS-7000 SATCOM Honeywell LSZ-860 Stormscope EGPWS w/windshear TAWS Honeywell TCAS-2000 TCAS Interior 14 Passengers Executive Configuration Seating: Townsend leather taven taupe seating, six berthable single seats w/recliner footrests, one 4place conference group, one 4-place berthable divan, manual lumbar on LS & RS single seats Exterior White w/ red & gray stripes

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 July 2017 – AVBUYER MAGAZINE

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Avitrade Belgium Bombardier June.qxp 21/06/2017 13:08 Page 1

S H O W C A S E

2010 Bombardier – Q Series Q400 Serial Number:

4315

• For Sale by the original Buyer (Avitrade) • ‘’the lowest time since new’’ • 2010 Q400 NEXTGEN for sale • Q400 used as Corporate Shuttle for the Oil Industry • Only 3,000 BH • Engines fresh of HSI • 68 seat configuration (34" & 33" inch seat pitch) • Toilets forward and aft • Higher seating capacity kit available from Bombardier as SB • Fully loaded: Luxury Spectrum seats, Dual FMS, EHGW, HF radio, AFM Supplement for unpaved runway operation, Icarus Sky Connect, etc.

• Price Reduced $11.950,000 • Available within 30 days • Please contact Emmanuel Paillier (emmanuel.paillier@gmail.com or +1 514 692 8360) or Albert Frederic Bloem (a.bloem@avitradebelgium.com)

Avitrade Belgium 7, rue de Pallandt B-1341 Ceroux Mousty Belgium

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www.AVBUYER.com

Tel: +32 10 617 153 Fax: +32 10 617 957 Cell: +32 475 621 539 Email: info@avitradebelgium.com www.avitrade.eu Aircraft Index see Page 145

Newport Equities July.qxp_Empyrean 21/06/2017 10:10 Page 1

S H O W C A S E

Price $4,450,000 2009 Cessna Citation CJ3 Serial Number: Registration: Airframe TT:

295 N525NE 1,365

This is an absolutely superb condition highly-optioned, low-time CJ3 with only two U.S. owners since new. State of the art Collins Pro-line 21 avionics, Dual FMS, TCAS II, WAAS/LPV, Aircell Iridium Satphone, Airshow, EGPWS, HF Radio Provisions, 8 Passenger, AirStair steps, belted lav. Engines enrolled on 100% TAP Elite, ProParts and CESCOM. Always hangered. Excellent records with complete logbooks & invoices since new. Cessna maintained. Highly upgraded gorgeous ostrich leather and burl wood interior.

Professionally flown. This one should be on your short list!

Airframe • FAA Part 91, never chartered • NDH • TAP Elite • ProParts • CESCOM • 8 passenger + 2 crew Avionics/Radios • Pro Line 21 Integrated Avionics Suite • WAAS/LPV • Dual FMS-3000 • Collins WXR-800 Weather Radar • Cockpit Speaker Mute Switch • RVSM capable • XM Weather

Additional Equipment Options Installed: • Second FMS 3000 • Collins TCAS II • Mode S diversity transponders • Honeywell Mark VIII EGPWS • 406 MHz ELT • Single ADF • WX-1000E Lighting Detection • Precise Flight Pulselight System linked to TCAS • Electronic Jeppesen Charts • HF Radio (Provisions) • Pilot’s Angle of Attack Indexer • AvVisor cabin display • AirCell SF 3100 Sat Phone with two handsets • DBU-5000 database loader • Side-facing seat with interchangeable cabinetry Interior Like new interior, certified for 8 passengers plus two crew. Forward RH side-facing seat is interchangeable with cabinetry unit (included).

Private aft lavatory is equipped with a belted flushing toilet and sliding privacy doors. Forward RH slimline refreshment center. Seats 5/6 swivel and have additional recline. Ostrich leather seats and trim in whiskey color, Carl Booth Olive Ash Burl wood. Four fold-out tables with townsend leather inserts, three 110-volt power outlets and brushed aluminum and polished chrome plating and AvVisor cabin display. Airstair style stairs.

Inspection Status Maintained by Cessna Service Centers. Only two U.S. owners since new. Always hangered in private hangar. Complete Logbooks. Aircraft is in excellent condition Aircraft Location Southern California

Melinda Schlueter

Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 (949) 553-4800 ext. 8210 Email: mschlueter@provincegroup.com

July 2017 – AVBUYER MAGAZINE 133

Orion July.qxp 21/06/2017 15:09 Page 1

S H O W C A S E

MAJOR PRICE REDUCTION !!! $12,500,000.00 USD

2005 Global Express Serial Number: Airframe TT: Landings:

9145 4386 1520

• EASA • CAMO • ROLLS ROYCE CORPORATE CARE • SMART PARTS + • APU JSSI • CAMP • INSPECTIONS 8C/120M0,4500 HR, 60/30/15 MO C/W12/2015 • 13 PASSENGERS PLUS 3 PLACE DIVAN, JUMP SEAT COCKPIT • AIMS SOUNDPROOFING • EMTEQ LED UPWASH DOWN WASH LIGHTING • 4500’ CABIN ALITITUDE REDUCTION SB700-21-034 R1 • NEW PAINT DECEMBER 2015 • NEW INTERIOR JET AVIATION 2011 • BATCH 3 CPDLC • FANS 1/A+ RNP4 30/30 • HUD EVS,RAAS SB700-34-050R1 • EVS ENHANCED VISION SB700-34-038 • 8.33 MHZ AND FM IMMUNITY • SATELLITE TV USA- EU, AIRSHOW • IRIDIUM CORDLESS PHONES • INTERNET LAN WIRELESS • SECURAPLANE QUAD CAMERA’S • ELECTRIC SHADES

Tel: +1-772-285-9933 Email: ameldeau@orionaircraftsales.com www.orionaircraftsales.com

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Aircraft Index see Page 145

Aviation Consultants of Aspen July.qxp 21/06/2017 09:37 Page 1

S H O W C A S E

Dan Savinelli Photography

1992 Gulfstream IV Serial Number: Registration: Airframe TT: Landings:

1191 N403TB 10,263.7 5,206

MAKE OFFER FRESH 96 MONTH INSPECTION JUNE 2017 BY GULFSTREAM WESTFIELD Honeywell HAAP program, Rockwell Collins CASP Avionics program, Corporate Jet Support Brite Parts program, MSG-3 maintenance program.

6.1 Software with WAAS/LPB and ADS-B Specifications are subject to verification upon request Engines LEFT ENGINE: Rolls-Royce Tay 611-8, S/N 16485, 10,187.1 TSN, 5,175 CSN, 2,605.3 TSO, 1,138 CSO, Overhauled by Dallas Airmotive, June 2009.

RIGHT ENGINE: Rolls-Royce Tay 611-8, S/N 16486, 10,105.4 TSN, 5,115 CSN, 2,605.3 TSO, 1,138 CSO, Overhauled by Dallas Airmotive, July 2009 APU Honeywell GTCP36-100, S/N P-587, 6,878 Hours TSN, 1,369 TSO, on MSP Interior Sixteen passenger. Aft lavatory. Rear galley with oven, microwave, coffee maker, and espresso maker. Forward cabin has a four place club seating arrangement, center cabin with a four

place conference/dining group, and aft cabin has two four place berthable divans. Entertainment system with Airshow, dual DVD/CD players, three large monitors, new Honeywell Cabin Management System and cabin switching, and a custom Alto audio and speaker system. Fax

Aviation Consultants of Aspen, Inc. Andy Cohen P. O. Box 790, Castle Rock, CO 80104, USA

Advertising Enquiries see Page 4

www.AvBuyer.com

machine. Chairs are done in Burgundy Leather, Divans in tan leather, and light wood. By Gulfstream Dallas, 12/06. Excellent condition Exterior Overall White with Blue Stripe. By Duncan Aviation, 10/14. Excellent Condition

Tel: +1 720-328-6008 Fax: +1 720-328-5641 Mob: +1 603-930-7575 Email: andy@acajets.com July 2017 – AVBUYER MAGAZINE 135

Prestige Jet SA July.qxp 21/06/2017 09:40 Page 1

S H O W C A S E

2004 Dassault Falcon 2000 Serial Number: Registration: Airframe TT: Landings:

200 I-SEAE 6757:34 5382

One owner since new RVSM, MNPS, RNP5 / RNP10, PRNAV, BRNAV, RNP APCH capable Transponder ADSB-out compliant CAT II and CAT IIIa capable (Rockwell Collins HGS c/w) EASA AIR OPS compliant Engines and APU enrolled on MSP Gold

Engines Honeywell CFE738-1-1B under MSP Gold Left Engine: S/N P105551, TSN 5669:08, CSN 4527 Right Engine: S/N P105534, TSN 6329:44, CSN 5011

Price: Please Call

Prestige Jet

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www.AVBUYER.com

Tel: +41 (0) 76 3870273 Email: a.letourneur@prestigejet.ch

Aircraft Index see Page 145

JetPro Texas July.qxp_Heeren Cit Ultra sep 21/06/2017 09:49 Page 1

2013 Cessna Grand Caravan EX Serial Number: Registration: Airframe TT: Landings:

208B5045 N445JP 1,253 914

New Luxury 10 Place Executive Oasis Interior, TKS, Cargo Pod, Freon A/C, Traffic, Radar, Rad Alt, DME, ADF, Outstanding Condition!

MAKE OFFER! Trades are welcome!

Engines under Pratt & Whitney extended factory warranty for the balance of 5 years and 2,500 hours.

Garmin Avionics under balance of 5 year warranty

2013 Cessna Grand Caravan 208B Serial Number: Registration: Airframe TT: Landings:

208B2430 N230JP 1,612 1,018

Commuter 11 Place Interior, TKS, Cargo Pod, Traffic, Radar, Rad Alt, DME, ADF, HF Provisions, CVR/FDR Provisions, Outstanding Condition!

MAKE OFFER

Please contact: Don and Sam Starling

Tel: +1 (254) 848 9192 Mob: +1 (254) 716 2981 E-mail: sales@jetprotexas.com www.jetprotexas.com

Altus Aviation Agusta AW139 May.qxp 21/06/2017 09:45 Page 1

2013 AGUSTA AW 139 #31466 TC-H

FOR DETAILS, SPECIFICATION & PHOTOS VISIT: WWW.AW139.COM

INQUIRIES: AW139@ALTUSAVIATION.COM

MAINTENANCE & AIRFRAME INFO: * 825 HOURS AFTT * ENGINES ON ESP GOLD LITE * AVIONICS ON HONEYWELL HAPP * 48 MONTH INSPECTION COMPLETED APRIL 2017

AVIONICS OPTIONS: * PRIMUS EPIC PHASE 7 * EVS-1500 MAXVIZ ENHANCED VISION SYSTEM * PRIMUS 660 WEATHER RADAR * TCAS 1 * EGPWS

OTHER OPTIONS: * FIVESTAR CABIN INTERIOR W IFEEL ENTERTAINMENT * EMERGENCY FLOATS W KEVLAR COVERS * AUX TRANSVERSAL FUEL TANK - 132 GALLONS * CAMERA ON TAILFIN ALTUS AVIATION SERVICES

ELITE SERVICE FOR ELITE CLIENTS

www.AltusAviation.com Info@AltusAviation.com US: +1 888 337 3439 EU: +49 1766 255 5634

Altus Aviation Challenger 604 May.qxp 21/06/2017 09:48 Page 1

2005 CHALLENGER 604 #5594 TC-CEA

FOR DETAILS, SPECIFICATION & PHOTOS VISIT: WWW.CL604FORSALE.COM

INQUIRIES: CL604@ALTUSAVIATION.COM

MAINTENANCE & AIRFRAME INFO: * 3,540 HOURS / 1,901 LANDINGS * ENGINES ON GE ON POINT * AIRFRAME ON SMART PARTS * APU ON MSP * 48 MONTH INSPECTION COMPLETED JANUARY 2017

AVIONICS UPGRADE: * WAAS * ADS-B OUT * TCAS II WITH CHANGE 7.1

OTHER OPTIONS: * HEADS UP GUIDANCE SYSTEM * 3D MAP AND LONG RANGE CRUISE * TRIPLE FMS * AUTOTHROTTLES * 10 PASSENGER INTERIOR * WIFI CHELTON HSD-7000 HIGH SPEED DATA SYSTEM ALTUS AVIATION SERVICES

ELITE SERVICE FOR ELITE CLIENTS

www.AltusAviation.com Info@AltusAviation.com US: +1 888 337 3439 EU: +49 1766 255 5634

P140-144.qxp 21/06/2017 10:54 Page 1

Marketplace Bombardier Challenger 601-3A

Price:

Make Offer

Year:

1991

S/N:

5093

Reg:

C-GFIG

TTAF:

9677.7

Location: Canada

Hawker 800A

Skyservice is proud to feature this well-maintained, and professionally operated 1991 Bombardier Challenger 6013A/ER. Aircraft engines and APU enrolled in JSSI. The aircraft also features a beautifully appointed ten-passenger executive interior done in 2011, with WiFi ATG5000 and cabin entertainment system.

Please call Geoffrey Carlyle Cell: +1 (403) 592-3715

Tel: +1 (403) 671-2178 E-mail: jetsales@skyservice.com

Skyservice Jet Sales Price:

$1,195,000 USD

Year:

1993

S/N:

258239

Reg:

C-GMFB

TTAF:

5959.3

Location: Canada

Cessna Citation CJ1

Tel: +1 (403) 671-2178 E-mail: jetsales@skyservice.com

Skyservice Jet Sales

Skyservice is proud to feature this well-maintained, and professionally operated 1993 Hawker 800A. Aircraft Engines on MSP GOLD and avionics on Rockwell Collins CASP Program.

New landing gear along with fresh 48 month inspection being completed by mid-April 2017. The aircraft is located in Edmonton, Canada.

Please call Geoffrey Carlyle Cell: +1 (403) 592-3715

Tel: +1 (803) 238 0361 E-mail: charley@stilair.com

StilAir Aviation Services Price:

Make Offer

Year:

2001

S/N:

525-0439

Reg:

N54CG

TTAF:

1,376

StilAir is pleased to present this beautiful, very low time CJ1 to the market. The avionics suite has been upgraded recently with WAAS/LPV and ADS-B Out, making this CJ1 one of the few ready for upcoming NextGen FAA requirements. Supplemental maintenance programs include TAP Elite and ProParts. Always U.S. based, same owner since 2004 and maintained by Cessna since new.

Location: USA - SC

www.stilair.com

Cessna Citation CJ1

Tel: +55 85 98852 3001 E-mail: edyweyne@hotmail.com

Edynardo Nunes Price:

Make Offer

Year:

2000

S/N:

110

Reg:

PP-CFF

TTAF:

6401

Location: Brazil

Winglets Fit 3200 NM RANGE MACH .77. HANGAR 99%.

MTOW INCREASED. HUD CAT III. MACH HOLDER. FMS 6100 TCAS 7.1. ENGINES AND APU ENROLLED ON MSP GOLD. ENGINE U$ 447,00. APU. U$ 102 ,00 AVIONICS ENROLLED ON CASP PROGRAM U$ 174,00 P/H. AIRCRAFT MAINTNENCE 100% DAS WILMINGTON. 2C 10/2012 DAS WILMIGTON. FRESH 1A+ 06/2017. 4A+ 01/2018. 3C. 10/1018 TRAXALL. ALL BRAZILIAN IMPORT TAX PAYED IN FULL READY TO PPI

Bombardier Challenger 604 Galileo Aviation Flight Support Ltd Price:

Please Call

Year:

1998

S/N:

5373

Reg:

N604LC

TTAF:

8100

Tel: +33 (0) 775 104 807

APU on MSP Gear Overhaul c/w August 2006 Satcom Communications System Dual Collins FMS-6000 w/Dual GPS-4000 Triple Litton LTN-101 Inertial Reference System Part 135 Compliant. 5050 Landings,General Electric Engine CF34-3B

Location: France, Europe

E-mail: Vincent.schweitzer@barentsrm.com 140

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Aircraft Index see Page 145

P140-144.qxp 21/06/2017 10:54 Page 2

Marketplace Gulfstream G150

Bristol Associates Price:

Please call

Year:

2006

S/N:

202

Reg:

N703HA

TTAF:

3,514.3

Location: USA- WA

Global 6000

Bristol Associates Price:

Please call

Year:

2012

S/N:

9519

Reg: TTAF:

1,365.2

Location: USA- CA

Cessna Citation Mustang

Jak Air Price:

Please Call

Year:

2010

S/N:

510-347

Reg:

ZKJAK

TTAF:

915

Location: New Zealand

Bombardier Challenger 350

ACI Consulting Price:

$16,500,000

Year:

2014

S/N:

20501

Reg:

N501BZ

TTAF:

2,011

Tel: +1 (202) 682 4000 E-mail: akopinski@bristolassociates.com Gulfstream Demonstrator Aircraft. Cycles Since New: 2,638.

Engines: Honeywell TFE731-40AR-200G. APU: Honeywell RE1000CS. Avionics: ADF: Collins ADF-4000. Autopilot: Dual Collins FGC-3000 IFCS (CAT II certified). Communication Radios: Triple Collins VHF-4000E w/8.33 kHz spacing. DME: Dual Collins DME-4000. Flight Director: Dual Collins FGC-3000 IFCS w/cursor control device. Interior partially refurbished 06/07. Airframe enrolled in MSG-3 Maintenance Program.

Engines and APU enrolled on Honeywell MSP Gold. Enrolled on Collins Avionics Service Plan

Tel: +1 (202) 682 4000 E-mail: akopinski@bristolassociates.com Landings: 541. Bombardier-Approved MSG-3 Maintenance Program. Enrolled in Flight Docs Maintenance Tracking Program.

Engines: BMW Rolls-Royce BR710A2-20. Engines enrolled on Rolls Royce Corporate Care Program. APU: Allied Signal RE220(GX). Manufacturers S/N: P-649. Total Time: 933 Hours. Total Cycles: 1,113. Triple Collins VHF-4000 Radios with 8.33 KHz Tuning Dual Collins Nav 4000s VOR/ADF. Dual Collins DME-4000s.

Dual Collins Integrated Flight Information System (IFIS). Cabin: Collins Cabin Entertainment System (CES) with 10.3 load Forward Lavatory Custom Galley with 2 Coffee Makers and Large Trash Bin

Tel: +64 21 35 96 26 E-mail: mattathm@gmail.com Certified Single Pilot IFR. Maintenance up to date, on CAMP, Airframe and engines on Pro Advantage Programs.

Garmin 1000 fully integrated avionics, Synthetic Vision, Auto Pilot, TAS Traffic, XM Radion and Weather, Wx Radar, ADS-B, HF, ADF, DME, Dual WAAS Gps's and Airport Chart View. 40cu in Oxygen, Sat Phone Antenna and wiring, Aux internal power supply behind cockpit and between the 2 rear seats for charging phones.Private Sale. +gst if sold in NZ

Tel: +1 (540) 428 4388 E-mail: wromaine@aciaviation.com Collins Pro Line 21 Advanced Avionics Suite Engines & APU Enrolled in Honeywell MSP Gold Aircell ATG-5000 Internet Paint at BAS, January 2016 RVSM, RNP5, RNP10, MNPS Capable Honeywell Aspire-100 Sat Com Datalink w/SELCAL Option 10 Passenger Seating

Location: USA- CT

Bombardier Global Express XRS

Asian Sky Group Price:

Please call

Year:

2011

S/N:

9422

Reg:

HL8233

TTAF:

2838

Location: Republic of Korea

Advertising Enquiries see Page 4

www.AVBUYER.com

Tel: +852 2235 92220 E-mail: sales@asianskygroup.com Price Reduced. Motivated Owner Total 2,838 Hours, 854 Cycles KU-Band High Speed Connectivity, Global Office Package w/ Wifi, SAT-6100 and ICS-100 Iridium Completed Batch 3 Avionics Upgrade , ADS-B Out, FANS 1/A+ & EVS/HUD Twelve (12) Passengers Interior with AVOD, ASXi, Three 21.3-inch monitors and Six 10.4-inch monitors 60 Month (4C Check) completed Dec, 2016 Contact: Jeffrey Lowe

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P140-144.qxp 21/06/2017 10:54 Page 3

Marketplace Cessna Citation Bravo

Northern Jet Management Price:

Make Offer

Year:

2006

S/N:

550-1132

Reg: TTAF:

6101

Location: USA- MI

Cessna Citation Bravo

Make Offer

Year:

2003

S/N:

550-1073

Reg: TTAF:

6,967

Location: USA- MI

Bombardier Learjet 40XR

Price:

Make Offer

Year:

2008

S/N:

45-2101

TTAF:

3,075

Location: USA- MI

Make Offer

Year:

2007

S/N:

45-2090

Reg: TTAF:

5,381

Location: USA- MI

Cessna Citation Excel

Make Offer

Year:

2001

S/N:

TBD

Reg:

N562TS

TTAF:

5150

Location: USA- SC

142

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www.AVBUYER.com

Tel: +1 (616) 336 4800 E-mail: ccox@northernjet.net

Honeywell MSP. Smart Parts. Evolved Maintenance Program.

CAMP Maintenance Tracking. Currently operated on a Part 135 Certificate. • Honeywell Primus 1000 Integrated Flight Director & Autopilot System • 4-tube 8x7” EFIS • Dual Universal UNS1 FMS • Dual Comm radios with 8.33 Capabilities • Honeywell HF 1050 Comm. Fire-blocked six passenger executive interior in a center club configuration with an aft belted seat for a seventh passenger. One left and two right executive tables. Seating is finished in Wheat Grass leather with Saddle lower sidewalls, and finished Macore Pommele Gloss veneer.

Aviation Marketing Group Price:

Tel: +1 (616) 336 4800 E-mail: ccox@northernjet.net

Honeywell MSP. Smart Parts. Evolved Maintenance Program.

CAMP Maintenance Tracking. Currently operated on Part 135.

Dual Universal UNS-1E FMS. Dual Comm radios with 8.33 Capabilities. Fire-blocked six passenger executive interior in a center club configuration with an aft belted seat for a seventh passenger. Overall Matterhorn White with Aristo Blue and Tibetan Gold stripes. Freon Air Conditioner (R134). AOA w/Indexer. Cockpit Voice Recorder. Iridium Satellite Flight Phone Cabin/Cockpit Fire Extinguishers. Interior 110V AC. Lead Acid Battery. Tail Cone Flood Lights. RVSM Capable

Northern Jet Management Price:

Tel: +1 (616) 336 4800 E-mail: ccox@northernjet.net

Left Engine 1,466 SOH, Right Engine 2,963 SOH • Freon Air Conditioner (R134) • Ski Tube • AOA w/Indexer • Cockpit Voice Recorder • Lead Acid Battery • Iridium Satellite Flight Phone • Honeywell Primus 1000 IntegratedbFlight Director & Autopilot System • 3-tube 8x7” EFIS • Dual 196B Comm radios with 8.33 Capabilities • Dual Nav • Dual Mode S Transponders.

Fire-blocked eight passenger executive interior in a center club configuration with an aft belted seat for a ninth passenger. 2015 Duncan Aviation Exterior Paint and Interior Refurbishment.

CAMP Maintenance Tracking. Currently operated on Part 135

Northern Jet Management

Reg:

Bombardier Learjet 40XR

Left and Right Engine 2,019 SOH • Freon Air Conditioner (R134) • Ski Tube • AOA w/Indexer • Iridium Satellite Flight Phone.

Avionics: • Honeywell Primus 1000 Integrated Flight Director & Autopilot System • 3-tube 8x7” EFIS • Dual 196B Comm radios with 8.33 Capabilities • Dual Nav • Single ADF • Dual Mode S Transponders. Interior: Fire-blocked seven passenger executive interior in a center club configuration with an aft belted seat for an eighth passenger. Exterior: Overall Snow White with Arctic Blue, Silver Plat Met and Black Stripes. 2016 Duncan Aviation Exterior Paint and Interior Refurbishment. CAMP Maintenance Tracking. Currently operated on a Part 135 Certificate.

Northern Jet Management Price:

Tel: +1 (616) 336 4800 E-mail: ccox@northernjet.net

Tel: +1 (704) 651-4637 E-mail: ajd@aviationmarketing.com

Seating for up to 8 passengers. Mini Bar, coffee bar, with cold beverage and snacks storage. 115 Volt and USB power outlets Sat Phone in Cockpit & Cabin. Engines: 5086 hours Total Time 57 hours Since Major Overhaul by Pratt & Whitney. Engines enrolled on ESP Gold. 420 kts; 1500 nm range. APU: 1463 hours Total Time. Honeywell Primus 1000. Dual Honeywell RCZ833. Dual Honeywell RM-855/850. Dual Honeywell RNZ-850.

Seating for up to 8 passengers. Two US owners, service center maintenance, based US, professionally flown and managed always. Recent partial interior. Generous External luggage storage. July 2016 New Paint by Stevens Aviation

Aircraft Index see Page 145

P140-144.qxp 21/06/2017 14:53 Page 4

Marketplace Hawker 800A

Leonard Hudson Drilling Price:

Offer/trade

Year:

1995

S/N:

Not listed

Reg:

N337WR

TTAF:

7,803

Location: TX, USA

Bombardier Learjet 36A

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.

Leonard Hudson Drilling Price:

Offer/Trade

Year:

1977

S/N:

36A-030

Reg:

N160GC

TTAF:

15,600

Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com

Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com

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

BELL 412EMS

Leonard Hudson Drilling Price:

Offer

Year:

1981

S/N:

33017

Reg:

N554AL

TTAF:

15265

Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com

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

BELL 212 (Five Available)

Leonard Hudson Drilling Price:

Please Call

Year:

1991-1996

S/N:

Call for details

Reg:

Call for details

TTAF:

Call for details

Tel: +1 (806) 662 5823 Email: ronfernuik@hotmail.com

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

Pilatus PC-12 NG

Oriens Aviation Limited Price:

Offer/trade

Year:

2010

S/N:

1223

Reg:

M-AMAN

TTAF:

1170

Tel: +44 (0) 203 770 3828 Email: craig@oriensaviation.com

One UK Based Owner.

Executive 6 + 2 Interior.

Excellent condition, always maintained by Pilatus PC-12 Centre, Bournemouth for its life.

Large Oxygen Bottle & Pulsing recognition Lights – Ideal aircraft for an AOC. Last Annual completed in January 2016.

Location: Fairoaks, UK

Advertising Enquiries see Page 4

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P140-144.qxp 22/06/2017 13:43 Page 5

+1 832 934 0055

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Advertiser’s Index 21st Century Jet Corporation .........................146

Eagle Aviation........................................................33

LBAS ....................................................................113

Airbound Aviation .................................................97

Empyrean Aircraft Consulting .........................128

Leading Edge ........................................................91

Aircraft Electronics Assoc..................................83

Engine Assurance Program ...............................15

Lektro....................................................................113

Aircraft Finance Corporation...........................101

Elliott Jets .....................................................22 - 23

Mente Group ......................................................123

Altus Aviation Services.....................................139

FlightForce...........................................................126

Mesinger Jet Sales...............................................63

AMJET Aviation.....................................................81

Freestream Aircraft USA .......................................5

NBAA Regional Forum .....................................117

Aradian Aviation....................................................61

General Aviation Services ..................................39

Newport Equities ...............................................133

Asian Sky .............................................................131

Global Jet Capital.................................................21

OGARAJETS................................................18 - 19

Aviation Consultants of Aspen .......................135

Global Jet Monaco..................................... 50 - 52

Orion Aircraft Sales...........................................134

Avjet Global ..................................................44 - 45

Hatt & Associates.................................................29

Par Avion ................................................................92

Avpro ..............................................................10 - 14

Horizon Air Group..............................................129

Prestige Jet .........................................................136

Aviatrade Belgium..............................................132

IAG ..........................................................................49

Rolls-Royce .........................................................109

Bendix King............................................................69

International Jet Management .........................122

San Marino ....................................................1, 6 - 7

Boutsen Aviation ..................................................43

JetBed ..................................................................111

Singapore Airshow ..............................................93

C-Air Transport Services..................................130

JetBrokers .....................................................58 - 59

Southern Cross Aviation.....................................65

Central Business Jets .......................................147

Jetcraft Corporation ..........................40 - 41, 148

Sparfell & Partners ......................................30 - 31

Conklin & de Decker .........................................113

Jeteffect .........................................................54 - 55

Survival.................................................................110

Corportate Airsearch Int...................................127

JETEXPO.............................................................115

The Elite New York ...............................................53

Corporate Concepts............................................73

JETNET...................................................................79

The Jet Business..........................................26 - 27

Dassault Falcon Jet ..................................2 - 3, 99

JetPro Texas ........................................................137

VREF ....................................................................110

Donath Aircraft Services.....................................25

Jet Sense Aviation ..................................119 - 121

Wentworth...........................................................124

Duncan Aviation ......................................................9

JSSI.......................................................................105

Wright Brothers Aircraft Title ..........................107

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144

AVBUYER MAGAZINE – July 2017

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Aircraft Index see Page 145

P145.qxp 22/06/2017 13:25 Page 1

Aircraft For Sale • AIRCRAFT • HELICOPTERS

AIRCRAFT

PAGE

AIRCRAFT

PAGE

AIRCRAFT

PAGE

AIRCRAFT

PAGE

AIRBUS

CESSNA

DORNIER

PILATUS,

A318-112 . . . . . 5 A318 Elite+ . . . . 52 ACJ319 . . . . . . . . 10, 63, 126, 130 ACJ380-800 . . . . 30

Citation

328 . . . . . . . . . . . 43

PC-12 NG. . . . . . 143

BAE AVRO RJ70. . . . . 58

II . . . . . . . . . . . . . 9

PIPER

III . . . . . . . . . . . . . 18, 33, 52, 59 V. . . . . . . . . . . . . . 43, 59

EMBRAER

VII . . . . . . . . . . . . 59

Legacy 500 . . . . 26, 73 Legacy 600 . . . . 30, 43, 148 Legacy 650 . . . . 26 Lineage 1000 . . 52, 122 Phenom 300 . . . 31

VII . . . . . . . . . . . . 21, 39 X . . . . . . . . . . . . . 55, 120 XLS . . . . . . . . . . . 55 XLS+ . . . . . . . . . . 41, 55, 148

Cheyenne IIIA . . 58 Meridian . . . . . . . 33

SABRELINER 65 . . . . . . . . . . . . 58

CJ1. . . . . . . . . . . . . 140

BOEING/MCDONNELL DOUGLAS BBJ . . . . . . . . . . . 30, 63, 73 727-200 VIP . . . . 73 747-8 . . . . . . . . . . 30 767-200ER . . . . . 124 DC8-62 . . . . . . . 73

BOMBARDIER Global 5000 . . . . 40, 41, 43, 73, 92, . . . . . . . . . . . . . . . 148 Global 6000 . . . . 40, 41, 141, 148 Global Express . 21, 65, 134 Global Express XRS. .5, 18, 40, 41, . . . . . . . . . . . . . . . 43, 49, 52, 81, 91, . . . . . . . . . . . . . . . 141, 148 Q400Series . . . . 132

Challenger 300 . . . . . . . . . . . 12, 39, 52 350 . . . . . . . . . . . 141 601 . . . . . . . . . . . 73 601-1A . . . . . . . . 12 601-3A . . . . . . . . 54, 140 601-3R . . . . . . . . 41, 148 604 . . . . . . . . . . . 9, 43, 54, 91, 139, . . . . . . . . . . . . . . . 140 605 . . . . . . . . . . . 25, 40, 43, 51, 52, . . . . . . . . . . . . . . . 61, 91, 148 850 . . . . . . . . . . . 30, 41, 148

Learjet 31A . . . . . . . . . . . 12, 58, 59 35A . . . . . . . . . . . 58 36A . . . . . . . . . . . 143 40XR . . . . . . . . . . 142 45 . . . . . . . . . . . . 31, 73, 92 45XR . . . . . . . . . . 12, 41, 121 55 . . . . . . . . . . . . 58 60 . . . . . . . . . . . . 12, 31 60SE . . . . . . . . . . 43, 63 60XR . . . . . . . . . . 65 75. . . . . . . . . . . . . 43

Advertising Enquiries see Page 4

CJ2. . . . . . . . . . . . . 43, 59, 125

GULFSTREAM

CJ3. . . . . . . . . . . . 50, 92, 133 Bravo . . . . . . . . . 142 Grand Caravan . 59 Grand Caravan EX. . . .137 Grand Caravan 208B. 137 Excel . . . . . . . . . . 9, 65, 142 Encore . . . . . . . . 12, 21, 33, 55 Jet . . . . . . . . . . . . 43, 59 M2 . . . . . . . . . . . . 23 Mustang . . . . . . . 141 Sovereign. . . . . . 12, 23, 26, 41, 55

CIRRUS SR22T GTS . . . . 59

DAHER SOCATA TBM700B . . . . . . 58

DASSAULT FALCON

IV . . . . . . . . . . . . . 10, 123, 129, 135 IVSP . . . . . . . . . . 9, 10, 18, 41, 43, 49, . . . . . . . . . . . . . . . 54, 61, 148 V. . . . . . . . . . . . . . 5, 10, 41, 44, 73, . . . . . . . . . . . . . . . 148 150 . . . . . . . . . . . 41, 52, 54, 58, 141, . . . . . . . . . . . . . . . 148 200 . . . . . . . . . . . 10, 11, 18, 29, 61 280 . . . . . . . . . . . 10 300 . . . . . . . . . . . 27, 43, 54 400 . . . . . . . . . . . 18 450 . . . . . . . . . . . 5, 9, 27, 58, 61, 63, . . . . . . . . . . . . . . . 65, 131, 148 500 . . . . . . . . . . . 27, 61 550 . . . . . . . . . . . 5, 10, 18, 41, 43, 49, . . . . . . . . . . . . . . . 61, 65, 91, 148 650 . . . . . . . . . . . 43, 54, 63, 73, 81, . . . . . . . . . . . . . . . 91 650ER. . . . . . . . . 27, 45 Astra 1125 . . . . . 12

HAWKER BEECHCRAFT

7X . . . . . . . . . . . . 3, 11, 21, 27, 41, 43, . . . . . . . . . . . . . . . 52, 65, 146 8X . . . . . . . . . . . . 11 20C-5 . . . . . . . . . 58 50 . . . . . . . . . . . . 21, 146 50EX . . . . . . . . . . 3, 18, 39, 92, 146 900 . . . . . . . . . . . 146 900B . . . . . . . . . . 5, 58, 146 900C . . . . . . . . . . 146, 147 900DX. . . . . . . . . 11, 41, 148 900EX . . . . . . . . . 26, 31, 49, 146 900EX EASy . . . 11, 146, 148 900EX EASy II. . 147 900LX . . . . . . . . . 3, 11, 41, 146, 148 2000 . . . . . . . . . . 3, 9, 11, 39, 136 2000EX EASy . . 41, 63, 148 2000LX . . . . . . . . 3, 92, 123 2000EX EASy II .147

King Air 200 . . . . . . . . . . . 58 250 . . . . . . . . . . . 40 350 . . . . . . . . . . . 23, 58 B200 . . . . . . . . . . 39, 43 C90 . . . . . . . . . . . 58

HELICOPTERS AGUSTAWESTLAND A109A . . . . . . . . 31 A109 Power . . . . 41 A109 A Power . . 148 A109E Power . . 13 AW109SGrand . 13 AW139 . . . . . . . . 138 MK2. . . . . . . . . . . 31

BELL 212 . . . . . . . . . . . 143 412 EMS . . . . . . 143

EUROCOPTER/AIRBUS AS350 B3E . . . . 61 EC 120 B . . . . . . 13, 73 EC 130 B4 . . . . . 13 EC 130T2 . . . . . . 61 EC 135 P2+ . . . . 13 EC 155 B1 . . . . . 13

SIKORSKY S-76C+ . . . . . . . . 13, 41 S-76C++ . . . . . . 5 S-92A . . . . . . . . . 13

Beechcraft Diamond 1A. . . . 58 Premier IA . . . . . 29

Hawker 400A . . . . . . . . . . 12, 119 400XP . . . . . . . . . 23, 41, 55 800A . . . . . . . . . . 73, 140, 143 800XP . . . . . . . . . 29, 54, 58, 65 850XP. . . . . . . . . 9, 21, 23, 128 900XP . . . . . . . . . 127 1000A . . . . . . . . . 65 4000 . . . . . . . . . . 29

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21st Century May.qxp 27/04/2017 08:45 Page 1

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CBJ June.qxp_CBJ November06 24/05/2017 14:27 Page 1

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Mexico office

Minneapolis / St. Paul

TEL: 52.55.5211.1505

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EMAIL: INFO@CBJETS.COM

D L SO FALCON 900EX EASy II SN 238

US OWNED FALCON 7X SN 88 W/ EASy II+

Single Owner, Recent C Check at Dassault, MSP on Engines & APU, Falcon Care on Airframe, Forward and AFT Lavs, Dual AFT Couches, Updated EASy II Cockpit

No Damage History, CAMP Maintenance Tracking, Warranties Remaining thru year 2020, 15 PAX Configuration w/ Crew Rest, CPDLC and Synthetic Vision, Spectacular Cabin Entertainment & Communications Systems

New Paint

EASY II FALCON 2000LX SN 194

2002 FALCON 900C SN 194

An Additional $4.2 Million spent in Over and Above Options Including

4300 TT, Recent 2C, 12 Year and Gear Overhaul, Brand New Paint, Refurbished Interior, MSP Gold, Equipped for European Operations

Enhanced Vision. 1425 Hours Since New; 6 Year C Inspection Completed March 2016 at Falcon. Custom Designed Interior; Exquisite Fabric Window Panels; LED Cabin Lighting; Auto Throttles; Triple FMS/IRS/Audio; CPDLC/WAAS/LPV/TCAS 7.1 and WIFI.

D L SO

D L SO

PROLINE 21 FALCON 50EX SN 302

FALCON 900B SN 139

Proline 21 Upgrade, MSP Gold, Aircell ATG-4000 Gogo Biz w/ WIFI, WAAS/LPV, Fully Refurbished Interior & Paint completed by Jet Aviation September 2012, A, 2A/2A+, 4A/4A+, 1B/2B Inspections c/w 04/16

2 US Owners Since New, MSP Gold, Standard Configuration Including Forward and AFT Lav, Acoustical Sound Proofing, Airshow 4000, Aerial View Camera's, Etcâ&#x20AC;¦

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• 3,911 Hours; 1,648 Cycles • Engines on RRCC • 13 Pax Interior Configuration

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