AvBuyer Magazine March 2018

JSSI FC March 2018.qxp_FC December 06 21/02/2018 15:02 Page 1

March 2018

â„¢

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

A BETTER APPROACH JETSUPPORT.COM

THIS MONTH www.AVBUYER.com

Aircraft Comparative Analysis: Citation X/X+ Avoid the Long-Term Engine Maintenance Costs

How Secure is Your Cabin Connectivity?

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Editor Welcome March18.qxp_JMesingerNov06 21/02/2018 16:04 Page 1

EDITORIAL Commissioning Editor Matthew Harris 1- 800 620 8801 +44 (0)20 8939 7722 Editorial@avbuyer.com

Guest Editor’s VIEWPOINT

To n y K i o u s s i s

Editorial Contributor (USA Office) Dave Higdon Dave@avbuyer.com

How Does one Define Value?

A

n often discussed subject today is aircraft value. How have some aircraft retained their value better than others? What exactly qualifies a seller’s valuation of their aircraft?

Unlike price, an aircraft’s value is primarily defined by the beholder who might find one aircraft’s interior color more appealing than another, thus valuing one aircraft over another.

But what if the asset being valued is unique?

Imagine appraising a Sopwith Camel, the most famous British fighter airplane of WWI. The Camel shot down more enemy aircraft than any other Allied fighter. It also challenged pilots to start its engine without starting an engine fire in the process. Does one value this asset by the number of recorded aerial victories, or the number of engine starts it survived?

Consider the de Havilland DH.98 Mosquito, a British twin-engine WWII aircraft constructed almost entirely of wood. Of the 7,781 that were built, few survive – perhaps due to the lack of a maintenance program. (Most were expected to survive only a handful of missions.) Does one value a museum piece by virtue of its sheer existence?

And how about a Pitcairn PA-8, a biplane designed to achieve a cruise speed exceeding 160 knots while carrying over 2,000lbs of mail?

Back in its day, a valuation could take its incomeproducing capability into account. One was owned by Steve McQueen for a number of years and now sits in a museum. What sort of value can that generate, and for whom?

Some may recall the story of a California man who tied 42 helium-filled balloons to a lawn chair that carried him to an altitude of 16,000ft (see www.markbarry.com). That lawn chair is about to be donated to the Smithsonian Institute. Lawn chairs can be purchased for under $20 today, but what is the ‘value’ of the chair that climbed to 16,000 feet carrying a passenger who lived to talk about it?

Today’s Value Reality

I have yet to meet a business aircraft owner who did not believe their aircraft was uniquely qualified to attain the value they had in mind. To an appraiser, the value of any asset is based on what ‘may be reasonably expected in an exchange between a willing buyer and willing

4

AVBUYER MAGAZINE – March 2018

seller, neither under any compulsion to buy or sell’.

Therefore, current market pricing will always be the primary valuation driver. While prices in today’s used aircraft marketplace appear to be stabilizing, final transaction values are still unlikely to match many sellers’ expectations. The wise seller will quickly recognize this and be prepared to work with a serious buyer to negotiate a realistic sale price.

Worth a Laugh

My wife’s uncle, Joe Max, was employed by Lockheed Martin as an engineer, where he spent a few years at the company’s California skunk works. Numerous amazing aircraft were designed at that facility, including the Lockheed Jetstar.

The Engineering Department was located on the second story of a hangar, and one Friday afternoon, as engineers filed down the stairs to head home, some faint beating noises were heard emanating from the hangar floor. While most folks paid no attention, Joe and a colleague sought out the source.

They discovered a number of workers locked inside a Jetstar fuselage being used for pressurization testing. Since this test cell could only be opened from the outside, these souls would have spent the weekend in that fuselage had they not been rescued…

I recently saw a Jetstar parked on a ramp with its door closed and began to chuckle. As though to highlight the divergence in opinions over aircraft valuation today, a friend followed my gaze and said: “there’s a worthless piece of junk”. Really? Considering its history, I thought it was at least worth a laugh.

Tony Kioussis has over 40 years of aviation industry experience within Business and General Aviation, major airlines, fixed-wing & rotary OEMs, technical services providers and financial services companies. Prior to spearheading the launch of Asset Insight, he served as VP, Strategic Marketing with GE Capital’s Corporate Aircraft Finance group. He contributes a monthly online blog to AvBuyer.com and market analysis for the Business Aviation Market Overview section of this publication.

Contact him via akioussis@assetinsight.com www.AVBUYER.com

Consulting Editor Sean O’Farrell 1- 800 620 8801 +44 (0)20 8255 4000 Sean@avbuyer.com ADVERTISING Linda Blackburn (USA Sales) 1- 614 418 7064 Linda@avbuyer.com Lise Margin (USA Sales) 1-703 818 1024 Lise@avbuyer.com Maria Brabec (European Sales) +420 604 224 828 Maria@avbuyer.com Karen Price 1- 800 620 8801 +44 (0)20 8255 4700 Karen@avbuyer.com Liam Robinson (Digital Solutions Manager) 1- 800 620 8801 +44 (0)20 8939 7720 Liam@avbuyer.com STUDIO/PRODUCTION Helen Cavalli / Mark Williams 1- 800 620 8801 +44 (0)20 8939 7726 Helen@avbuyer.com Mark@avbuyer.com CIRCULATION Sue Brennan 1- 800 620 8801 +44 (0)20 8255 4409 Sue@avbuyer.com AVBUYER.COM Jayne Jackson Jayne@avbuyer.com Emma Davey Emma@avbuyer.com MANAGING DIRECTOR John Brennan 1- 800 620 8801 +44 (0)20 8255 4229 John@avbuyer.com USA OFFICE 1210 West 11th Street, Wichita, KS 67203-3517 EUROPEAN OFFICE AvBuyer House, 34A High Street, Thames Ditton, Surrey KT7 0RY, UK +44 (0)20 8255 4000 PRINTED BY Fry Communications, Inc. 800 West Church Road, Mechanicsburg, PA 17055 Aircraft Index see Page 145

AIRBUS A318 ELITE+ 2010 – SN 3985 MAKE OFFER

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DASSAULT FALCON 7X 2012 – SN 101 ASKING PRICE: $21.90M

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CONTACT aircraftsales@globaljetmonaco.com T +377 97 77 0104

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WWW.GLOBALJETMONACO.COM AIRCRAFT MANAGEMENT

14.02.18 17:25

D A S S A U LT F A L C O N 7 X | S E R I A L N U M B E R 1 7 0 YEAR: 2013

C A PA C I T Y: 1 4 PA X

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HIGHLIGHTS • Under

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•

Impeccable cabin interior with refined & elegant design

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ASKING PRICE: USD $23.50M SERIOUS OFFERS WELCOME

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L U X E M B O U R G GENEVA

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M O N A C O LONDON

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M O S C O W P A R I S

MADRID V I E N N A

I S L E O F M A N B E I J I N G

H O N G K O N G HANGZHOU

14.02.2018 17:53:59

D A S S A U LT F A L C O N 2 0 0 0 S | S E R I A L N U M B E R 7 2 4 YEAR: 2014

C A PA C I T Y: 1 0 PA X

AIRFRAME HOURS: 1315

T O TA L C Y C L E S : 5 4 1

HIGHLIGHTS • Virtually

factory new and always hangered

•

BMW Design Completion including Apple TV

•

EASy II - Latest version Step III

• Falcon Care - 100% funded • OEM Warranty

ASKING PRICE: USD $17.90M

GLOBAL JET MONACO VILLA L’UNION / 27 BOULEVARD DES MOULINS 98000 MONACO

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AV Buyer_Feb2018.indd 2

M O N A C O LONDON

CONTACT AIRCRAFTSALES@GLOBALJETMONACO.COM T +377 97 77 01 04

M O S C O W P A R I S

MADRID V I E N N A

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H O N G K O N G HANGZHOU

14.02.2018 17:54:01

BOMBARDIER GLOBAL EXPRESS | SERIAL NUMBER 9033 YEAR: 1999

C A PA C I T Y: 1 4 PA X

AIRFRAME HOURS: 8356:59

AIRFRAME CYCLES: 3452

HIGHLIGHTS

• Competitively

• On

Priced to Sell

Engine and Airframe Programs

• Satcom

• Cabin

MCS 6000

communication system (ccs) - “Office in the Sky”

MAKE OFFER P R I C E D T O S E L L Q U I C K LY

GLOBAL JET MONACO VILLA L’UNION / 27 BOULEVARD DES MOULINS 98000 MONACO

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M O N A C O LONDON

CONTACT AIRCRAFTSALES@GLOBALJETMONACO.COM T +377 97 77 01 04

M O S C O W P A R I S

MADRID V I E N N A

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14.02.2018 17:54:03

GULFSTREAM 450 | SERIAL NUMBER 4302 YEAR: 2014

C A PA C I T Y: 1 4 PA X

AIRFRAME HOURS: 2159

T O TA L C Y C L E S : 5 5 4 2014 Gulfstream G450

S/N

4302

PlaneView enhanced navigation package with ADS-B OUT

• Airframe

•

4302

2014 Gulfstream G450

HIGHLIGHTS

•

S/N

enrolled on PlaneParts

Equipped with BBML and Satellite TV

I N FO@JETCR AFT.COM

+1 919 94 1 84 00

JETCR AFT.COM

Specifications and/or descriptions are provided as introductory information only and do not constitute representations or warranties. Verification of specifications remain the sole responsibility of purchaser. Aircraft is subject to prior sale, lease, and/or removal from the market without prior notice.

•

Currently Operated – Part 135

MAKE OFFER HIGHLY MOTIVATED TO SELL

I N FO @J E TC R A F T. C

Specifications and/or descriptions are provided as introductory information only and do not constitute representations or warranties. Verification of specifications remain the sole responsibility of purchaser. Aircraft is subject to prior s

GLOBAL JET MONACO VILLA L’UNION / 27 BOULEVARD DES MOULINS 98000 MONACO

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AV Buyer_Feb2018.indd 4

M O N A C O LONDON

CONTACT AIRCRAFTSALES@GLOBALJETMONACO.COM T +377 97 77 01 04

M O S C O W P A R I S

MADRID V I E N N A

I S L E O F M A N B E I J I N G

H O N G K O N G HANGZHOU

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Contents Layout March18.qxp 22/02/2018 09:54 Page 1

Contents Volume 22, Issue 3

March2018

T BizAv Intelligence

12

88

Avoid the Long-Term Engine Maintenance Costs: What are the short-term costs to engine maintenance that prevent big costs longer-term. Mike Saathoff discusses

94

When to Use Charter and Jet Cards: How do you know whether business aircraft charter is the right option for you? David Wyndham explores

Why Use Engine Maintenance Programs: What’s the value of an engine maintenance program, and what should operators be aware of when selecting one?

98

How Are Costs of Jet Ownership Offset: Would you know how to identify and then offset the costs of business aircraft ownership? Jet Tolbert discusses

Pre-Purchase Inspections - Don’t Take a Hit at Time of Sale: Thinking of selling your jet? Are you sure of your aircraft’s condition? JSSI’s George Kleros offers tips

104

How to Prepare an Emergency Response Plan: What does it take to ensure a thorough ERP is in place within the Flight Department? Find out here

106

Specifications: Entry Level & Light jet performance and specifications comparisons for aircraft aged 20 years and younger…

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

T Ownership 40

48

56

62

T 70

78

82

10

AVBUYER MAGAZINE – March 2018

Points of Value Specific to Learjets: Jeremy Cox continues his series evaluating the value of the various Learjet models Aircraft Comparative Analysis – Cessna Citation X/X+: How does the Cessna Citation X and X+ compare against the Embraer Legacy 450?

Find out here...

Operating What to Know About ICAO Airspace Plans: Ken Elliott highlights how airspace plans impact all aspects of GA, this month focusing on ICAO… When to Outsource Flight Planning: When and why should you outsource your international trip handling?

Aviation Director Andre Fodor offers his insights How Secure is Your Cabin Connectivity: What are the bestpractices for securing aircraft cabin connectivity? Are you doing all you can? Check here www.AVBUYER.com

T Community News 114 BizAv Review: OEM News and

Industry Appointments from around the BizAv Community

Next Month

• Aircraft Comparative Analysis: Gulfstream G200 • Dealer Broker Market Update • How to Tailor Your Jet Connectivity Choices

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

ONLINE I PRINT I BROADCAST I EVENTS

Aircraft Index see Page 145

Aircraft Finance Corporation March.qxp_Layout 1 19/02/2018 12:26 Page 1

Rates As Low As 3.75%

With Our Benchmark 20 Year Amortization How Is Aircraft Finance Corporation Different From Other Lenders?

Martin S. Ormon President & Founder

Aircraft Finance Corporation is a direct lender. We service, underwrite and portfolio our own loans.We also offer brokerage options to clients as necessary, and we have private equity sources for clients requesting a different source of ½RERGMRK ;I GPSWIP] QEREKI XLI ½RERGI TVSGIWW JVSQ WXEVX XS ½RMWL IRWYVMRK XLEX SYV GPMIRXW EVI MR HMVIGX GSRXEGX [MXL XLI people funding their loan, and making sure that they get funding in a timely manner.

Located in Palm Beach, Florida, our team is a combination SJ EZMEXMSR ERH ½RERGI I\TIVXW ;MXL SZIV ]IEVW MR XLI MRHYWXV] [I HS RSX SRP] YRHIVWXERH XLI ½RERGI WMHI SJ E transaction, but we are also able to offer our clients assistance with their aircraft purchase as needed.

With a background in investment banking, as well as an I\XIRWMZI ORS[PIHKI EFSYX EMVGVEJX ½RERGMRK PIEWMRK ERH acquisitions, Martin started Aircraft Finance Corporation in 1999. Martin felt there was a void in both the new and the pre-owned aircraft market, and knew that his investment banking relationships would allow him to generate a method SJ SJJIVMRK FIXXIV XIVQW SR EMVGVEJX ½RERGMRK [LMGL I\GPYHIH the traditional banks.

With over $900 million in transactions and counting, Martin’s decision to develop Aircraft Finance Corporation has proven to be a successful endeavor.

Aircraft Finance Corporation owes their prosperity in it’s entirely to their team’s vast industry knowledge and dedication to their clients. The Aircraft Finance Corporation team works around the clock to ensure that all transactions run smoothly for the client. The goal is to make sure that XLI GPMIRX JIIPW GSR½HIRX XLEX XLI] EVI KIXXMRK XLI FIWX HIEP out there.

This Is Why We Always Beat The Big Banks %JXIV XLI ½RERGMEP GVMWMW SJ XLI ¹&MK &EROW² EPXIVIH XLI way in which loans are made on aircraft transactions. With WMKRM½GERXP] WLSVXIV XIVQW ERH WXVMGXIV EMVGVEJX EKI VIUYMVIQIRX they are no longer offering clients what we consider to be, ¹KSSH HIEPW² 8LIWI FEROW X]TMGEPP] SJJIV XS ]IEV XIVQW SR pre-owned aircraft and require that the aircraft is no older than XS ]IEVW MR EKI %MVGVEJX *MRERGI 'SVTSVEXMSR SJJIVW EPP GPMIRXW ]IEV XIVQW ¯ RS QEXXIV XLI EKI SJ XLIMV EMVGVEJX ¯ [MXL ]IEV EQSVXM^EXMSR HIWMKRIH XS QE\MQM^I XLIMV GEWL žS[ 2SXIH XS XLI VMKLX MW ER I\GIPPIRX I\EQTPI JVSQ E XVERWEGXMSR

Martin S. Ormon (800) 434-4185 Martin@AircraftBanker.com

We recently financed a Gulfstream IV-SP for an entertainment attorney in Southern California.

The attorney had previously financed the aircraft with one of the “Big Banks� with a monthly payment of $81,561 on a 5-year term.

With our 20-year term at 3.75%, his payment became $25,781 per month.

Our client saved $309,371 annually!

MarketIndicators March18.qxp_Layout 1 22/02/2018 09:38 Page 1

BIZAV INTELLIGENCE T MARKET INDICATORS

Business Aviation Market Overview In the face of mounting evidence, there is a growing sense that these interesting times are changing – and things are finally looking up for Business Aviation. The ‘facts’ (whatever they are anymore) seem compelling. Rollie Vincent explains… t a more macro-level, business aircraft utilization levels are clearly trending upwards. People are finally flying more sectors and more hours. They are booking charter flights. They are once again using business and private aircraft for what they were designed to do (to be flown, not stored in a hangar and kept polished).

Year-over-Year (YoY), the rates of increase in business aircraft utilization are highest in Europe, up about 6-7% according to some of the latest readings, with the US up by a more modest, but still respectable 3-4%.

In 2017, the European economy surged back to life, beating almost all pundit forecasts by expanding at an estimated 2.4%, with much the same expected in the latest 2018 outlook.

Business and consumer confidence levels are elevated in both the Euro Area and the US, supported by a spirited cocktail of lower unemployment, lower corporate and personal

A

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

12

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

income taxes (US), 100% bonus depreciation for new and used aircraft (US), higher real wages and continuing equity market strength.

Despite an early February 2018 correction of more than 10% in the Dow Jones Industrial Average that took some by surprise, the stock market remains a good place for investors to park their cash. At the time of print, more than half of the correction had dissolved, with exchanges returning to previously unheard-of levels of market capitalization.

Many an airplane salesperson is no doubt dreaming of the days when at least some of that cash will be once again put towards a new and/or larger aircraft. With a flood of repatriated corporate profits expected to come on-shore into US corporate coffers, beginning Q1 2018 and a bevy of shiny, newly certified business jets soon landing at an airport near you, things are definitely shaping-up for better times ahead for the Business Aviation industry. continued on page 18  Aircraft Index see Page 145

Once in a lifetime B747-8i This magnificent aircraft, one of only seven (7) operating worldwide, is for sale in VIP Configuration.

View our documentation and technical specifications: https://www.amacaerospace.com/amac-pdf/ Inquiries by principles only.

Contact: Mohamad Badran, Sales Executive mohamad.badran@amacaerospace.com Telephone +41 58 310 32 58, Mobile +41 79 229 36 78

www.amacaerospace.com

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2/20/18 10:16 PM

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BIZAV INTELLIGENCE T MARKET INDICATORS

Chart A Used Business Jet Inventory and Used Whole Retail Transations - Worldwide (Source: JETNET)

Used Whole Retail Transactions (Sale and Lease) Business Jet Inventory ‘For Sale’ - Dec. 31

Used Jet Transactions

In the world of used business jet transactions, 2017 looks like it was the best-ever year for sales volumes, with JETNET recording 2,668 whole retail sales or leases during the year (Chart A). The ‘For Sale’ inventory dipped just below 10% of the in-service fleet at the end of 2017, with 2,143 jets listed in the JETNET database.

Tellingly, only 116 jets on the market at press time were delivered new in the last five years, representing less than 6% of the available inventory. With almost 80% of the jets listed ‘For Sale’ of a more ‘Classic’ status (i.e. older than 20 years), it is clear that this market has been rather cleanly picked over by savvy buyers (who, to their credit, have probably been reading AvBuyer).

New Jet Stimulation

With innovative new products expected to enter into service this year, we expect to see buyers pulling out their wallets with greater frequency in conjunction with FAA/EASA certification announcements. This will help bolster new aircraft order books at the OEMs, which would be a welcome development as the investment payback period begins.

With a backlog representing the initial three years of production, Pilatus expects to deliver 23 new PC-24 light jets as it prepares to ramp up production to a rate of four, perhaps five airplanes per month. This is contingent on expanding its widespread sales success with the PC-12 into wider

18

AVBUYER MAGAZINE – March 2018

applications, including additional corporate flight departments, charter and fractional programs, and special mission applications.

Textron, meanwhile, will soon receive certification for the Super-Mid-size Longitude, extending the Citation family (already the world’s largest fleet) and Textron Aviation’s top-line revenues upwards. And Gulfstream’s innovative G500 and G600 Large-Cabin jets are expected to certify in 2018, bringing new levels of performance, technology, quality, comfort and style to the market.

Bombardier’s much-anticipated Global 7000 is the company’s crown jewel investment. It’s an essentially all-new design that has already raised the bar in defining what a business jet can be. With the company seizing a four-zone cabin ‘high ground’ of cabin interiors, a wide-ranging group of stakeholders (customers, investors and the Bombardier leadership team) have high expectations for this jet.

Summary

Favourable macroeconomic fundamentals; tightened used jet markets; new products coming on-stream; triggered trade-ins and replenished, more attractive and gently-used inventory: Change – like Spring in the northern latitudes – is in the air.

Aircraft buyers may not know it, but they can read it here – these are good times, and possibly the best of times, to be in the market.

MI www.navigating360.com

www.AVBUYER.com

Aircraft Index see Page 145

MarketIndicators March18.qxp_Layout 1 20/02/2018 16:30 Page 3

Record Year-End Flight Activity Jet Support Services, Inc. (JSSI) released its Business Aviation Index for Q4 2017, tracking and reporting on the global flight activity and utilization of business jets, turboprops and helicopters worldwide, noting record year-end flight activity…

The report calculates the average flight hours flown per aircraft on a monthly basis and organizes this data by region, industry and cabin type.

This ultimately provides useful insights into the state of global economic conditions.

Flight Activity - North America According to ARGUS TRAQPak, January 2018 posted a Year-over-Year (YoY) increase over January 2017. Month-overMonth (MoM), activity finished modestly up over December 2017…

Results by operational category were all positive with Part 135 activity producing the largest yearly gain, while Fractional and Part 91 activity both also recorded a rise. The aircraft categories were positive, too, with Turboprops posting the largest gain from January 2017.

Month-over-Month

January Business Aviation flight activity posted a modest increase over

•

Average flight hours increased 4.5% Year to Date (YTD) and 6.1% Year-over-Year (YoY). Average aircraft utilization of 28.65 hours for Q4 2017 represents the highest level during this period of any year on record.

Significant Quarter-over-Quarter (QoQ) increases were reported in Central America, with a 9.3% increase in average flight hours; and Asia-Pacific (+8.6%). The largest QoQ decrease was seen in the Middle East, with a drop of 20% from Q3.

Next Month’s Forecast

TRAQPak analysts estimate a 3.8% YoY increase in overall flight activity in February 2018.



MI www.argus.aero

TABLE A - JANUARY 2018 vs JANUARY 2017

Key findings in the Q4 data include: •

December 2017, though results by operational category were mostly red for the month, with Part 91 posting the only monthly increase.

Aircraft categories were somewhat mixed for the month, with Large jets posting the largest monthly increase over December, but Light and Mid-size jets recording decreases.

North America Flight Activity

PART 91

PART 135

FRACTIONAL

ALL

TURBOPROP

-2.9%

9.5%

5.8%

5.7%

LIGHT JET

-1.1%

6.0%

0.5%

2.8%

MID-SIZE JET

0.5%

5.0%

6.9%

3.1%

LARGE CABIN JET

2.1%

13.2%

-11.9%

4.0%

ALL

1.5%

8.0%

2.2%

4.0%

TABLE B - JANUARY 2018 vs DECEMBER 2017 North America Flight Activity

•

•

All regions, with the exception of the Middle East, reported YoY increases in flight activity. The largest increases were seen in Europe (+11.6%) and Central America (+11%).

North America reported an increase in average flight hours of 3.6% YTD, and an increase of 1.4% YoY.

MI www.jetsupport.com/insights

PART 91

PART 135

FRACTIONAL

ALL

2.3%

-1.2%

-4.3%

0.6%

LIGHT JET

1.8%

-4.2%

-7.3%

-1.6%

MID-SIZE JET

3.4%

-4.7%

-2.2%

-0.9%

LARGE CABIN JET

4.0%

6.3%

-5.3%

3.7%

ALL

2.7%

-1.8%

-4.0%

0.1%

TURBOPROP

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

Advertising Enquiries see Page 4

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March 2018 – AVBUYER MAGAZINE

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BIZAV INTELLIGENCE T MARKET INDICATORS

2017 European BizAv Traffic Growth BizAv traffic in Europe grew 6% in 2017, with Eurocontrol reporting more than 700k departures, arrivals, internals (domestic European flights) and overflights, including an average of 100 additional daily departures, versus 2016. Here are the main influencers…

“The reality is seeping in that Business Aviation is an integral part of the overall mobility mix,” said Brandon Mitchener, CEO of the European Business Aviation Association (EBAA). New forms of service which increase access to Business Aviation, and interest from the younger generation have led to a steady increase in traffic since November 2016, he added.

Year-over-year (YoY) growth was strongest in March (+9%), July (+8.9%) and October 2017 (+8.9%). The Central Europe Functional Airspace Block enjoyed 12.2% growth in average daily flights, bolstered by Slovakia (+30.9%), Bosnia-Herzegovina (+25.7%) and the Czech Republic (+13.8%).

Business Aviation traffic in the EU is

Recent Uptick in Business Aircraft Values

now on a par with 2006 levels, but has not yet returned to the historic peak level of 2007 and 2008. To help the growth continue, EBAA says it will focus on creating higher Business Aviation productivity by addressing issues such as access to airports and flight-time limitations during 2018.

According to AMSTAT’s new Aircraft Valuation Tool (AVT), the average estimated values for most business aircraft segments have risen since the start of Q4 2017…

According to the AVT, three market segments have seen their average estimated values tick upwards since the start of Q4 2017. These included:

…“Keep Status Quo” for UK BizAv, Says EBAA

•

EBAA has also released a Brexit analysis report calling for negotiators in Brussels and London to preserve the current aviation relationship. Key topics of interest for the BizAv industry highlighted in the report include traffic rights, ownership and control, VAT/customs duty, and the future relationship with EASA. The report concludes that maintaining the existing relationship as far as possible is key to avoiding detrimental effects on the Business Aviation community.

MI www.ebace.aero

•

•

The Heavy Jet segment: While the average estimated value dropped -3.5% over the last 12 months from $15.9m to $15.4m, since October 2017 this value is up +9.2%.

The Super-Mid-size Jet segment: The average estimated value dropped -5.9% over the last 12 months, from $7m to $6.6m. Since September 2017, however, this value is up +19%.

The Turboprop segment: The average estimated value dropped -6.7% over the last 12 months, from $2.4m to $2.2m. Since October 2017, this value is up +3.9%.

The Light Jet segment, meanwhile, has been more consistent with the average estimated value - up +8.2% in the last 12 months from $2.2m to $2.4m.

“The increase in estimated values reflects recent increases in market demand and a tightening market with fewer options for buyers,” said Andrew Young, AMSTAT General Manager.

“Changing market conditions further emphasise the need to access the real-time aircraft estimated values provided by the AMSTAT Aircraft Valuation Tool.”

The new AMSTAT Aircraft Valuation Tool (AVT) calculates objective real-time estimated values for business aircraft. The AVT Quarterly Aircraft Values Report provides the market with the normalized average estimated value for business aircraft by segment over the last 12 months. continued on page 24 MI www.aso.com 

Read more BizAv Insights at: avbuyer.com/articles/ business-aviation-market-insight

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AVBUYER MAGAZINE – March 2018

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MarketIndicators March18.qxp_Layout 1 21/02/2018 09:03 Page 5

BIZAV INTELLIGENCE T MARKET INDICATORS

Used Jet, Turboprop and Helicopter Market Update JETNET released its December 2017 and 2017 Year-End results for the used business jet, turboprop, helicopter and commercial airliner markets. Most market sectors are showing lower inventory ‘For Sale’, with more fullsale transactions in 2017 compared to 2016.

The Fleet ‘For Sale’ percentages for all used aircraft market sectors (with the exception of Piston Helicopters), were lower in the December comparisons.

Business Jets and Commercial Turboprops were down the most.

Across all market sectors, JETNET reported 9,071 full retail sale transactions for 2017, an increase of 334 (+3.8% more transactions) than the 8,737 reported in 2016.

All aircraft segments were taking more time to sell (34 days) in 2017 compared to 2016, except for business jets, which sold after an average of 310 days on the market, the same as recorded in 2016.

‘For Sale’ Inventory The ‘For Sale’ inventory of business jets has decreased steadily from a high point in July 2009 (2,938) to 2,143 jets in December 2017. That’s a reduction from 17.7% of the in-service fleet ‘For Sale’ in July 2009 to 9.9% now. (The percentage has dropped from 11% in January 2017).

As the market has finally broken below the 10% threshold of inventory ‘For Sale’, a period of transition is now in play, wherein the pendulum swings in favor of seller. Today the market of available aircraft continues to shrink, and still many models exhibit the soft pricing brought on by the decline in residual values that have dominated the postrecession years.

Continued reduction of the ‘For Sale’ inventory in 2018 could lead to prices firming. The sage advice for buyers is to act now. The counsel of “just wait a few months—the price will come down” may not present itself as we break into the seller’s market environment.

MI www.jetnet.com

Table C: Used Aircraft Sales Data WORLDWIDE TRENDS DECEMBER 2017

BUSINESS AIRCRAFT

HELICOPTERS

COMMERCIAL AIRLINERS

TOTAL

JET

TURBO

TURBINE

PISTON

JET

TURBO

ALL

IN-OPERATION FLEET

21,572

15,280

21,907

9,959

27,758

7,564

104,080

FOR SALE

2,143

1,093

1,395

561

343

386

5,921

% FLEET FOR SALE 2017

9.9%

7.2%

6.4%

5.6%

1.2%

5.1%

5.7%

% FLEET FOR SALE 2016

11.0%

7.7%

6.7%

5.4%

1.4%

5.8%

6.2%

CHANGE - % FOR SALE

-1.1%

-0.5%

-0.3%

0.2%

-0.2%

-0.7%

-0.5%

JANUARY - DECEMBER 2017 FULL SALE TRANSACTIONS

2,668

1,281

1,457

843

2,307

515

9,071

AVERAGE DAYS ON MARKET

310

320

477

389

569

489

426

YTD, JANUARY - DECEMBER 2017 vs 2016 % CHANGE - SALE TRANSACTIONS CHANGE- AVG DAYS ON MARKET

7.1% N/C

-5.1%

37

9.4%

-11.5%

37

26

13.9% 10

-12.1%

3.8%

89

Source: JETNET

24

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

34

New Business Jet Sales Equilibrium

Worldwide, new business jet deliveries have remained remarkably flat since 2011, notes aviation analyst Brian Foley.

Averaging 692 units per year, there has been a standard deviation of just 25 units…

“Statistically there’s a pretty good chance that 2017new jet results will also fall within that same narrow band, as will 2018”, Foley predicts. “This trend has not been random but rather a symphony of equal and opposite market forces holding deliveries in tight equilibrium.

“Many believe that the market won’t have fully recovered from the financial crisis until deliveries return back to lofty 2008 levels. That peak should be considered an anomaly and not some recovery benchmark. Today’s market is in fact normalized and sustainable with supply equalling demand, meaning it’s technically been recovered for some time now.”

Overseas the falling US Dollar has made business jets a better deal in local currency, and in Europe the stock markets have largely recovered to their pre-recession highs. Business jet utilization has also risen.

Offsetting the positive forces in an equal and opposite direction has been weakness in emerging markets that were particularly hard-hit by falling commodity prices and in the case of China, austerity measures. These trends seem to have stabilized, and China’s mainland fleet began growing again last year according to AMSTAT. Foley believes the market will continue to be relatively flat for the next couple of years. After that, new airplane models come online that will stimulate the market.

MI www.brifo.com  continued on page 26 Aircraft Index see Page 145

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MarketIndicators March18.qxp_Layout 1 21/02/2018 14:24 Page 6

BIZAV INTELLIGENCE T MARKET INDICATORS

Aircraft Finance to Increase?

New Global Jet Capital research, sourced from 144 Business Aviation professionals reveals 75 anticipate demand for private aviation finance will increase in 2018, and 56% think the volume of funding will also rise.

Global Jet Capital also revealed that over 150 new business aircraft worth more than US$5bn could be delivered to Europe this year. Over 13% of those deliveries (equating to 21 aircraft) could go to the UK… When asked how attractive they think the European private aircraft market

currently is to finance companies, 34% described it as ‘very attractive’ and a further 43% as ‘attractive’. Only 21% think it is ‘unattractive’.

Shawn Vick, CEO at Global Jet Capital, said “We expect to see the Business Aviation sector expand over the next few years. Factors behind this include economic growth in most of the major economies, a significant amount of investment and strong corporate earnings.”

Honeywell Sees Strengthening Bizjet Sales Honeywell projects an increase in new business jet sales in Q1 2018, with “acceleration as we get deeper into the year”, according to Thomas Szlosek, Sr. Vice President & CFO. Szlosek noted during a recent earnings call, “We expect organic sales to improve as production rates increase across most of our OEM customers”.

The company's aerospace segment saw Q4 revenues increase 6% YoY (5% organically) to $3.9bn, despite “slow demand in business jets, as expected,” Szlosek noted. Honeywell's aftermarket business was “stronger than anticipated”, bolstered by higher-thanexpected business aircraft spares sales, he added.

Looking ahead, demand for longterm service agreements from Business Aviation customers is expected to help drive another strong year in commercial aftermarket sales. Honeywell's market commentary builds on recent sentiments that the business jet segment might finally be gaining momentum.

MI www.honeywell.com 

continued on page 30

Read more BizAv Insights at: avbuyer.com/articles/

business-aviation-market-insight

MI www.globaljetcapital.com

Colibri: Record Year for Jet Sales Colibri Aircraft reported a record year for the company in 2017, and saw the number of used aircraft it sold and bought in 2017 double compared to 2016...

Looking ahead, the company predicts the Business Aviation sector will expand further in 2018 and expects to see more private jet owners sell their aircraft and upgrade to new models that have launched in the past few months.

26

AVBUYER MAGAZINE – March 2018

It also notes a growing pool of potential buyers as the number of HighNet-Worth-Individuals grows along with an increase in the finance available to help potential buyers.

Anticipating an even better 2018, Oliver Stone, Managing Director, Colibri Aircraft revealed, “The business we have done in January 2018 is already higher than what we did in January 2017.”

MI www.colibriaircraft.com www.AVBUYER.com

Aircraft Index see Page 145

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MarketIndicators March18.qxp_Layout 1 20/02/2018 16:33 Page 7

BIZAV INTELLIGENCE T MARKET INDICATORS

BizAv on The Rise in Asia

The consensus in the industry is that China’s Business Aviation market is starting to take off again, and that Southeast Asia is experiencing some good growth too, Asian Sky Group notes…

“We are well past the austerity measures,” said Jeff Lowe, Managing Director, Asian Sky Group. “China was recovering in 2016 and I certainly expect that the annual figures for 2017, once released, will show healthy fleet growth for business jets in China.”

Buyers in China still prefer the larger business jets, but they are becoming more astute, Lowe observes. “We’ve seen a shift in the buyers and their requirements. More and more of the requirements are driven by the corporate need versus (maybe if you go back five years) where it was more driven by personal needs.”

The next-fastest-growing markets were Australia and New Zealand, which added 24 and 16 helicopters last year, respectively. The fleet growth was small single digits but is still substantial considering Australia and New Zealand already have large installed fleets.

Southeast Asia experienced very little growth last year, reflecting a lack of growth in the oil and gas industries. While everyone is still trying to determine whether the oil and gas segment is still comatose, it is clear there are good sales opportunities in the multi-mission and emergency medical services segment, the report indicates.

MI www.asianskygroup.com



continued on page 34

Civil Helicopters in Asia-Pacific

Meanwhile, the civil helicopter market in Southeast Asia has been flat in recent years, due to the fallout from the depressed oil and gas industry, but helicopter makers can take solace in the relatively resilient China and Australasian markets.

The civil helicopter market in China is less skewed toward the oil and gas sector than Southeast Asia’s helicopter market, and last year posted the strongest fleet growth in the region, Asian Sky Research said in a preview of its 2017 YearEnd Civil Helicopter survey.

Mr Lowe noted China’s civil helicopter market had a net gain last year of 79 helicopters, making it the fastest-growing sizable helicopter market in Asia-Pacific. Its fleet growth was 15%, he said. (Asian Sky calculates the number of turbinepowered helicopters and subtracts those that have left the fleet to determine the net gain).

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AVBUYER MAGAZINE – March 2018

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MarketIndicators March18.qxp_Layout 1 20/02/2018 16:34 Page 8

BIZAV INTELLIGENCE T MARKET INDICATORS

In-Service Aircraft Values & Maintenance Condition

Asset Insight’s market analysis of January 30, 2018 covering 92 fixed-wing models and 1,699 aircraft listed ‘For Sale’ revealed some mixed, but generally favorable messages…

While the total number of listed aircraft decreased, inventory figures for Medium Jets and Turboprops increased through units of above average asset quality. Furthermore, even though Quality Rating and Maintenance Exposure improved, Ask Prices for all but Large Jets decreased.

Overall Ask Price for tracked models improved 0.5% in January, thanks to a 1.8% improvement by Large Jets. Medium Jets lost 0.7% to post a new record low, while Small Jets and Turboprops recorded 12month low figures, falling 2% and 1%, respectively.

fleet’s Quality Rating and lowering Maintenance Exposure. However, over half of all tracked models continued to post an ETP Ratio above 40%, highlighting how far Ask Prices have dropped.

Large Jets: Asset Insight believes the Large Jet market is beginning to stabilize, although it is presently occupying a lower pricing level than sellers might like. The tracked fleet decreased by 2.1% (eight units), while transacting aircraft were of mixed asset quality, and the current inventory pool maintained last month’s ‘Excellent’ Quality Rating at 5.297.

Ask Price increased for the second consecutive month, this time by 1.8%, but it was insufficient to cover the Maintenance Exposure degradation of 0.4%, which slightly worsened the group’s ETP Ratio.

Inventory Fleet Maintenance Condition Medium Jets: The group maintained its ‘Very The number of inventory units continued to Good’ Quality Rating by posting a 5.127 decrease, with January’s aircraft mix pointing figure, a 0.8% improvement over December to higher quality assets joining the ‘For Sale’ complements of a 2.2% increase (12 units) in fleet. the ‘For Sale’ fleet. Maintenance Exposure The tracked inventory fleet maintained its also improved slightly, but Ask Price ‘Very Good’ Quality Rating, posting an decreased 0.7% to post a new record low, improvement to 5.238 from December’s negatively impacting the group’s ETP Ratio.

5.169, on Asset Insight’s scale of -2.5 to 10.

Asset Insight believes competition in this January’s Rating represented the highest space will continue to decrease values in the asset quality figure since August, potentially near term. creating good value for buyers based on Small Jets: The tracked fleet decreased 5.2% current pricing.

(25 aircraft), with transactions involving The tracked fleet’s average Maintenance primarily below-average quality aircraft. This Exposure (an aircraft’s accumulated/ improved the inventory’s Quality Rating by embedded maintenance expense) improved 1.4%, pushing it further into the ‘Excellent’ 0.7% to $1.457m, representing the best range at 5.363 and posting this group’s best (lowest) figure since last August. figure since last February. Additionally, Maintenance Exposure improved 1.1% to the Maintenance Exposure to Ask best figure since September.

Price (ETP) Ratio Although Ask Price fell 2% to a 12-month The ETP Ratio is a useful indicator of an low, the group still managed an ETP Ratio aircraft’s marketability. It is computed by improvement. Quality Rating and dividing the asset's Maintenance Exposure (the financial liability accrued with respect to Maintenance Exposure have been moving future scheduled maintenance events) by its within a narrow, above average band for the past four months, and Asset Insight believes Ask Price. ‘Days on Market’ analysis has Ask Prices will soon begin to strengthen. shown that when the ETP Ratio is greater Turboprops: We cannot point to more than 40%, a listed aircraft’s time on the positive quantitative figures demonstrating market increases. the value available to buyers than those During Q4, the average Days on Market posted by this group. Inventory increased by were 42% greater for aircraft whose ETP 3.3% with 10, mostly above average asset Ratio exceeded 40% (199 versus 284 days). quality aircraft, joining the fleet. This led to a The tracked inventory fleet’s ETP Ratio improved to 64% from December’s 12-month Quality Rating increase of 3.9%, boosting the group’s figure into the ‘Very Good’ range at peak figure of 65%. Turboprops once again registered the lowest (best) ETP Ratio, 47.3%; 5.184 (a 12-month high).

Ask Price fell to a 12-month low, but Large jets followed at 57.2%, a slight Maintenance Exposure posted the group’s degradation over last month; Medium jets best 12-month figure by improving 4.6% and worsened slightly, increasing to 65.4%; and decreasing the average ETP Ratio to 47.3% – Small jets improved to 79.2%, after posting within striking distance of the 40% figure 80% in December, the group’s worst 12Asset Insight views as the ‘excessive’ month figure demarcation point. In a nutshell, if you are a Market Summary serious buyer, it’s hard to envisage a better Asset Insight’s tracked inventory decreased time to secure good value in a Turboprop. by 11 units this month boosting the inventory MI www.assetinsight.com T

34

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Table D

Fleet Maintenance Condition

Chart B LOW RISK AIRCRAFT MODEL ETP RATIO G650 Boeing BBJ F900LX Citation CJ4 525C Phenom 300 F900EX EASy F2000LX Pilatus PC-12 G-150 Citation CJ3 Falcon2000EX Easy CL-605 Citation CJ2+ 525A Citation Sovereign 680 Piper Meridian G 450 Learjet 45XR Citation XLS (MSG3) KingAir 350 - Post-2000 Hawker 900XP G550 Citation Encore Citation CJ2 KingAir 350 - Pre-2001 KingAir B-200 - Post-2000 Global XRS Citation XLS Citation X (MSG3) Falcon 50EX Learjet 60XR Challenger 300 Phenom 100 F900EX Citation Mustang 510 Global 5000 Citation CJ1+ F900B Learjet 45 w/APU

2.2% 5.8% 7.1% 7.7% 11.7% 11.9% 12.5% 14.3% 14.3% 14.4% 14.7% 15.0% 18.1% 18.1% 18.4% 20.0% 21.4% 22.2% 23.6% 24.2% 24.4% 24.6% 25.5% 27.4% 28.0% 28.3% 29.0% 29.1% 29.6% 29.8% 30.1% 31.3% 31.7% 31.8% 32.5% 36.2% 37.1% 37.4%

HIGH RISK AIRCRAFT MODEL ETP RATIO KingAir B-200 - Pre-2001 Hawker 400XP Embraer Legacy 600 Citation Excel 560XL Learjet 45 Hawker 850XP CL-604 Premier 1A KingAir 300 F900 Citation Bravo Piaggio P-180 II Citation V Ultra G-200 GIV-SP Falcon 2000 Hawker 800XP Hawker Beechjet 400A Premier 1 GV Citation V 560 Beech B-1900C GIV-SP (MSG3) Global Express Falcon 50 Hawker 1000A Piaggio P-180 KingAir C90 Learjet 60 Hawker Beechjet 400 Learjet 31 Citation VI Hawker 800A CL-601-3R GIV Citation II Citation ISP CL-601-3A CL-601-1A Learjet 55 Learjet 35A Falcon 20-5

40.8% 41.0% 41.0% 41.1% 41.7% 42.0% 44.5% 45.8% 45.9% 46.8% 47.9% 48.1% 51.9% 54.9% 56.1% 56.2% 57.4% 58.1% 58.5% 62.4% 65.5% 71.5% 73.9% 77.1% 79.4% 85.7% 96.3% 106.8% 110.5% 114.7% 118.8% 120.0% 121.8% 131.9% 134.3% 138.5% 142.5% 185.4% 188.7% 198.7% 214.2% 297.1%

Maintenance Exposure to Ask Price Ratio (“ETP Ratio”) as of January 30, 2018 Source: AMSTAT (www.amstatcorp.com) Asset Insight, LLC (www.assetinsight.com)

Aircraft Index see Page 145

MarketIndicators March18.qxp_Layout 1 20/02/2018 16:35 Page 9

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 Asset Insight Analytics * The accrued cost of future scheduled maintenance

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9’016 TT, MSP, HAPP, CAMP, 14 Passengers

1993 KING AIR B200 S/N BB-1462

3’698 TT, Engines 995 Hrs, FAA, New VIP Int., Wi-Fi, 8 Pax.

Make Offer

1979 CESSNA CITATION I S/N 500-0392 13’748 TT, EASA, CESCOM, Refurbished in 2014, 6 Pax.

€250,000

2003 BELL 427 S/N 56039

1’188 TT, Executive Tan Leather Interior, 5 (+2) Passengers

Make Offer

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Charter March18.qxp_Layout 1 20/02/2018 14:52 Page 1

OWNERSHIP T CHARTER

When to Use Charter and Jet Cards

How do you know whether business aircraft charter is the right option for you? David Wyndham explores, highlighting some key questions to ask‌

F

or the infrequent or occasional Business Aviation user, it makes little sense to invest in a whole aircraft. A good option is to charter aircraft for your private travel needs on an ad-hoc basis.

An advantage of chartering is the availability of many different types and capabilities of aircraft that are available to you, thus you are not restricted to

40

AVBUYER MAGAZINE – March 2018

one type of jet or turboprop as would be the case for other ownership scenarios.

For those who are new to Business Aviation I often recommend trying out various aircraft and not making any long-term commitments. If this is you, charter can be an excellent option. On-demand charter can be booked by contacting the provider directly or via a charter broker (who acts much like a travel agent).

According to the National Business Aviation Association (NBAA) there are over 2,100 FAA licensed aircraft charter operators in the US. These range from small single-engine piston aircraft

www.AVBUYER.com

Aircraft Index see Page 145

Charter March18.qxp_Layout 1 20/02/2018 14:52 Page 2

David Wyndham is co-owner & president of Conklin & de Decker where his expertise in cost and performance analyses, fleet planning and life cycle costing are invaluable. He’s formerly an instructor pilot with the US Air Force. Contact him via david@conklindd.com

seek recommendations about a broker you are considering.

A good broker familiar with the type of travel that you need will help you navigate and select the best options available, while also representing you and your trip needs to the charter operators.

As a matter of interest, ARG/US (www.argus.aero) offers a charter broker certification program with broker ratings.

Understanding Your Charter Booking

Usually, Business Aviation charter is booked for the entire time the aircraft is in use. Let’s imagine a company books a charter flight requiring an aircraft to depart St. Louis to collect its executives in Springfield, Missouri. From there the executives are transported to Knoxville, Tennessee, and back to Springfield. Having returned the executives, the aircraft returns to its base in St. Louis. Often a charter user would have paid for the entirety of the journey, whether the aircraft is occupied or not.

Some brokers and websites specialize in one-way (or emptyleg) trips, however, for which a user can take advantage of an aircraft returning from a specific place to a specific location empty. These flights can be booked for specific dates and times. operators to large turbine fleet operators. Legally, these operators must be licensed by the FAA to provide air charter services.

You can find a handbook and online listing of licensed air charter operators worldwide at the Air Charter Guide. There are multiple other online sites catering to private air travel trips, too.

Tips for Using a Charter Broker

Given the many different options available, a charter broker may be a good option. At present, charter brokers are not formally certified, thus experience and skills can vary from broker to broker. You should ask about their experience in organizing the type of trip you require. You should also get references, and

Advertising Enquiries see Page 4

When do Jet Cards and Memberships Work Best?

If your travel needs are typically between 50-150 hours annually, jet cards and membership programs are a style of block charter that could be useful to you. You pre-purchase a block of hours at a guaranteed price. Most programs start at 25-hour cards.

There are as many differences as there are programs: Some offer newer aircraft and one-way billing. Membership programs offer specific aircraft types and customization for individuals or businesses.

Doug Goleman, a Forbes magazine contributor who specializes in goods and services catering to ultra-high-networth individuals, provides a comparison of jet card and membership programs covering all major, and many of the minor programs (https://privatejetcardcomparisons.com). 

www.AVBUYER.com

March 2018 – AVBUYER MAGAZINE

41

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OWNERSHIP T CHARTER

Those considering jet cards and membership programs should understand the restrictions. Following are some useful questions to answer: • Are the aircraft types or ages guaranteed?

• What about minimum leg lengths?

• How does the program bill for international travel, fuel cost surcharges and other fees look?

• How long are the prices guaranteed for?

• Are unused funds refundable?

• Does the provider offer one-way pricing?

• What is important to you?

Safety for Charter, Cards and Memberships

While safety is paramount in regard to charter, jet cards and membership programs, not all safety ‘ratings’ are equal. The top standard of safety involves passing, at the highest level, a

third-party safety audit. That audit also verifies that a formal ‘Safety Management System’ is in place.

There are several entities that are involved in performing these audits. Given the number of charter certificate holders and card/membership programs, paying a third-party audit ought to be a required minimum for those who are truly interested in safety. You’ll find some useful links and resources for aviation safety below.

In Summary

Charter, jet cards and membership programs are gaining in popularity as younger buyers look for the service, not the ownership. For those seeking charter solutions to meet their travel needs, the above should help provoke some important questions to ask the broker, provider and oneself.

For heavier users of air travel, there are other more suitable ownerships options that we will cover next month. T

Following are Some Resources for Aviation Safety Applicable to Business Aircraft Charter: •

Air Charter Safety Foundation: Organization setting safety standards and has an audit process (www.acsf.aero).

•

ARGUS: Performs independent safety audits of charter operators (argus.aero/product/charter-operator-ratings).

•

Wyvern: Performs independent safety audits of charter operators (www.wyvernltd.com/wingman-standard).

Additional standards and information on best practices for business aircraft and audit-based certifications can also be found at: International Business Aviation Council (IBAC), IS-BAO Safety Certification (www.ibac.org/is_bao).

42

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

Taking the Lead - Business Jet Sales in a Globalized World TM

SO

LD

2016 Gulfstream G650

2010 Global XRS

Serial Number 6198

Serial Number 9268

2014 Phenom 300

2011 Lear 60XR

Serial Number 50500191

Serial Number 409

2008 Citation Encore+

1989 Citation III

Serial Number 560-0777

Serial Number 650-169

Amjet Aviation Company

ÂŽ

+1 - 770 - 458 -1986 9600 Falcon 20F-5BR

1985Scott Falcon 50or Caroline Gould Rogers

Serial Number 470

Serial Number 154

Amjet Aviation Company

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sales@amjetaviation.com

+1 - 770 - 458 - 9600

amjetaviation.com

Elliott May.qxp_Layout 1 23/05/2017 11:57 Page 1

Elliott Jets March.qxp_Layout 1 19/02/2018 12:51 Page 2

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Buying & Selling 3 MARCH.qxp_Finance 21/02/2018 11:21 Page 1

OWNERSHIP T BUYING & SELLING

How are Costs of Jet Ownership Offset?

Would you know how to identify and then offset the costs of business aircraft ownership? Jet Tolbert highlights the multiple factors at play for a prospective buyer, offering some useful tips…

W

hile understanding aircraft acquisition costs can be a complex business, the factors behind the operating costs are equally important to understand, and similarly multifaceted. Nevertheless, they must be analysed when piecing together a complete picture of aircraft ownership.

What are the costs of ownership? How can they be offset?

These are among the Frequently Asked Questions prospective aircraft buyers raise during the early part of an acquisition. Here, we consider the answers…

48

AVBUYER MAGAZINE – March 2018

What are the Costs of Aircraft Ownership?

When developing a spreadsheet for cost analysis it’s important to factor in the expected use for the jet. Once projected usage is fully understood the costs can be placed into two categories: The Fixed and Variable costs.

Fixed costs include: • Crew salaries and fixed benefits • Hangar costs • Insurance • Staff training • Maintenance program • Projected maintenance, modernization and refurbishment, and • Aircraft management fee (if applicable)

www.AVBUYER.com

Aircraft Index see Page 145

Buying & Selling 3 MARCH.qxp_Finance 21/02/2018 11:21 Page 2

Jet Tolbert is President of American Aircraft Sales.

Established in 1968, it is a premier brokerage firm which has been a trusted partner since corporations first began utilizing jet aircraft to grow their businesses. With offices in the US, Latin America sales team and a partner office in Zurich, Switzerland, American Aircraft Sales is an active NBAA, IBAC, EBAA & ABAA member.

Variable costs include: •

Fuel cost (per gallon)

•

Reserves for unexpected maintenance

•

Crew expenses

How can Costs be Offset?

When considering the costs of aircraft ownership, don’t forget that an owner’s time is a non-monetary expense that can affect the profitability of the Flight Department. By ensuring your jet is fully operational, you will maximize the use of the owners’ time, thus helping offset the costs.

Beyond maximizing the time of the aircraft owner, however, there are other ways to help balance the costs of operating your aircraft. Here, we provide two scenarios for two different levels of anticipated utilization…

Advertising Enquiries see Page 4

Scenario 1: Assuming the projected annual usage of the jet is for 150 hours, a buyer could consider a lease arrangement for upto 300 hours annually, either to a private user (under Part 91) or to a charter operator (under Part 135).

Either arrangement could offset cost, though the charter option will most likely be the preferred option due to a charter operator’s ability to apply fleet rate discounts for fuel, training and insurance that would benefit the owner.

In addition the charter lessee would offer more flexibility regarding the scheduling of their flights, helping secure the aircraft’s services when the owner needs to fly. Indeed, if the owner’s airplane is unavailable, oftentimes the charter-lessee might offer the owner the use of another aircraft from the charter company fleet.

Keep in mind, however, that the increased utilization from chartering/leasing your aircraft will incur increased costs in 

www.AVBUYER.com

March 2018 - AVBUYER MAGAZINE

49

Buying & Selling 3 MARCH.qxp_Finance 22/02/2018 09:59 Page 3

OWNERSHIP T BUYING & SELLING

the maintenance area over time, which must be factored into the overall cost equation.

Scenario 2: Owners flying 300 hours annually might still consider a Part 91 dry lease arrangement or Part 135 lease to a charter company for a reduced 150 hours annually.

In this scenario, the owner would probably need to compromise more over their own aircraft usage to make the aircraft available for revenue-making flights. The owner would need to weigh the reduced revenue from charter use against the cost of loss of usage.

Be aware that with the higher owner usage, there will be fewer charter providers willing to charter the airplane because of the restricted usage for them. In addition, the cost offset will be less, but increased maintenance costs would still apply.

In essence, the more hours you fly the less likely a solution chartering your aircraft will provide to offsetting the actual costs of ownership.

Where are the Operating Cost Savings?

The above considerations inevitably lead to additional questions, including: • • •

Do I have to pay a management fee, or can I just hire pilots to take care of the airplane?

Will I need an on-staff mechanic?

Can’t the pilot watch these items and help with the fuel savings?

While the above questions are often asked, I am rarely asked how to create a system of accountability.

Though some smaller jets with simpler maintenance schedules can indeed be managed by the crew, the larger jets with more complex maintenance schedules will require a dedicated Director of Maintenance for scheduling and compliance, as well as a mechanic to perform regular light maintenance both pre- and post-flight.

Under both of our revenue-generating scenarios above, a management company could potentially bring discounts for 50

AVBUYER MAGAZINE – March 2018

crew training, fuel, insurance and hangar costs. Indeed, working with the right management company could include access to a Director of Maintenance, as well as mechanics on staff within your area who could provide routine maintenance.

The management company would also hire and fire crew as well as audit their performance and aircraft operation.

Thus, a management company brings benefits (even for an aircraft not placed into charter operation) that can exceed the monthly management fee.

Sourcing Crew or Management Company?

When considering the question of sourcing crew and/or a management company, first look at the projected annual usage to evaluate whether charter is a serious option. What are the budgetary expectations for usage with and without the charter revenue?

Then analyse different pilots and operators, based not only on their fees but on the benefits they bring to help lower cost and increase dispatch reliability.

As an example, let’s assume you identify a management company with several of your aircraft type based in the same area as you. This could be a benefit or a hindrance depending on your intended usage…

You would potentially be placing your aircraft with an operator who has saturated the market demand for chartering your aircraft type, and would be selling your airplane at wholesale prices to charter brokers to keep it flying (thereby lowering your revenue).

If you were to choose not to charter, however, but work with the same management company, you could enjoy the benefits of their mechanics and pilots who already understand your aircraft and can keep it operating smoothly at a lower cost than a Flight Department potentially would.

In Summary

The above should highlight that there are many decisions to be made when selecting your operational structure. The right adviser will help work through a daunting mountain of considerations to help select the best choices for you. T

www.AVBUYER.com

Aircraft Index see Page 145

Asian Sky March.qxp_Layout 1 21/02/2018 10:52 Page 1

Jeteffect 10 aircraft x2 March.qxp 22/02/2018 10:08 Page 1

Gulfstream GV • S/N 621

Gulfstream GIVSP • S/N 1220

Gulfstream G200 • S/N 028

Gulfstream G150 • S/N 238

Challenger 300 • S/N 20419

Hawker 800XP • S/N 258585

Learjet 45XR • S/N 366

Learjet 45 • S/N 79

Learjet 40XR • S/N 2101

Learjet 40XR • S/N 2090

Los Angeles Palm Beach Dallas Atlanta Washington, DC email: info@jeteffect.com

• 562.989.8800 • 561.747.2223 • 214.451.6953 • 334.502.0500 • 571.933.7393 • www.jeteffect.com

Jeteffect 10 aircraft x2 March.qxp 22/02/2018 10:08 Page 2

Citation X • S/N 45

Citation X • S/N 11

Citation Sovereign • S/N 325

Citation XLS+ • S/N 6011

Citation XLS • S/N 5623

Citation XLS • S/N 5524

Citation Bravo • S/N 1132

Citation Bravo • S/N 1073

Piaggio Avanti II • S/N 1214

Piaggio Avanti P180 • S/N 1004

Los Angeles Palm Beach Dallas Atlanta Washington, DC email: info@jeteffect.com

• 562.989.8800 • 561.747.2223 • 214.451.6953 • 334.502.0500 • 571.933.7393 • www.jeteffect.com

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OWNERSHIP T VALUES

Points of Value Specific to Learjets

What are the specific points of value in the used Learjet marketplace? Jeremy Cox spotlights this popular business jet series with an eye on their values today…

T

he legendary Learjet series continues to be popular among business jet owners and operators today – and that includes the used aircraft sales market with a total of 246 used transactions for Learjets occurring since January 2010 across all models.

All of the post-production Learjet models discussed within this article are currently projected by the Aircraft Bluebook to accumulate averages of between 306 and 408 flight hours annually. The highest annual projection belongs to the Learjet 35A and the lowest is assigned to the Learjet 31A. The average total-times for each model at the time of writing were as follows: 56

AVBUYER MAGAZINE – March 2018

•

•

•

•

•

•

•

Learjet 75 (2015 Model): 697 flight hours

Learjet 60 (2000 Model): 5,164 flight hours

Learjet 55 (1983 Model): 10,986 flight hours

Learjet 45 (2002 Model): 3,760 flight hours

Learjet 40 (2006 Model): 4,575 flight hours

Learjet 35 (1980 Model): 10,953 flight hours

Learjet 31 (1995 Model): 6,125 flight hours

Following, we’ll consider each model with its variants, and offer some insight into of their current market values.

www.AVBUYER.com

Aircraft Index see Page 145

VALUES MARCH18.qxp_Layout 1 20/02/2018 15:18 Page 2

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 viajcox@jetbrokers.com

Learjet 75

Learjet 70 & 75

Today, there are two Learjet models in production at Bombardier – the Learjet 75 (with a 2018 list price of $13.8m) and the Learjet 70 (with a list price of $11.3m).

The Learjet 75 and 70 were introduced as improvements over the Learjet 45 and 40, respectively.

Among the enhancements these models offer are new TFE731-40BR engines, new winglets and a three-screen Garmin G5000 avionics panel packaged and marketed as the Bombardier Vision Flight Deck. While the MGTOW of both models is 21,500lbs, the Learjet 70 is 2.6 feet shorter than the Learjet 75.

In terms of residual value a 2015 Learjet 75 is indicated to be at about 52% of its new price, based upon a retail value today of $7.2m.

Learjet 60/60SE/60XR

The Learjet 60 was introduced to the market as the successor to the Learjet 55 model (overleaf). It included a 3.5 foot stretched fuselage over its predecessor allowing Advertising Enquiries see Page 4

for increased passenger and baggage space. Many have an optional Auxiliary Power Unit (APU) installed in the rear compartment.

Powered by two Pratt & Whitney Canada PW305A engines, the original Learjet 60 is equipped with Full Authority Digital Engine Control (FADEC) and has a standard Collins Proline 4 avionics package (with four-tube EFIS, digital tuning heads and Collins FMS-850 Flight Management System).

The Learjet 60SE followed the original Learjet 60, and is equipped with the same engines as the standard model, but has a 1,000lbs higher MGTOW (23,750lbs). It was introduced as the ‘Special Edition’, because it features an APU, the Collins TWR-850 Radar, TCAS II, new interior and entertainment system, and an expanded list of new-build options that could add up to $1m to the delivered price.

The Learjet 60XR, meanwhile, is the same as a 60SE model, except that the avionics suite had been upgraded to the Proline 21, four-tube EFIS system. The Learjet 60XR also features a redesigned, expanded galley cabinet and a much-improved entertainment system. Finally, the aft lavatory incorporates a cabin window for natural lighting.

The residual value of a 2000-model Learjet 60 is currently at about 12% of its 2000 list price. The current retail value is approximately $1.7m.

The following ‘Appraised Value Add-Ons’ for the Learjet 60 model are based on my own numbers, not those of the value guides: •

•

•

•

•

Auxiliary Power Unit (APU) below s/n 275 +$150,000

Flight Data Recorder

TCAS II

TWR-850 Radar

Gogo Biz ATG-5000

www.AVBUYER.com

+$50,000

+$90,000

+$10,000

+$135,000 March 2018 – AVBUYER MAGAZINE

 57

VALUES MARCH18.qxp_Layout 1 21/02/2018 09:18 Page 3

OWNERSHIP T VALUES

incorporating a further upgraded version of the same TFE731-20BR engines which allowed a 1,000lbs increase to MGTOW (21,500lbs). Again, an APU is standard.

The residual value of a 2002 Learjet 45 is currently at about 15% of its 2002 list price ($13.209m), and current retail value is approximately $2m.

The following ‘Appraised Value Add-Ons’ for the Learjet 45 model are based on my numbers, not those of the value guides: • • •

No APU BR Engine Modification Gogo Biz ATG-5000

-$150,000 +$180,000 +$135,000

Learjet 40/40XR

Learjet 60XR

Learjet 55/55B/55C

The Learjet 55 series included three models. The original Learjet 55 incorporated a pair of TFE731-3A-2B engines producing 3,700lbst each. Although the Learjet 55B that followed utilized the same engines, it also offered operators increased MGTOW, and an all-digital flight deck.

Finally, the Learjet 55C introduced Delta Fins on the lower-rear fuselage for increased pitch, and directional stability, and single-point refuel became standard for this model. Rockwell Collins’ Five-Tube EFIS-85L, APS-85 Autopilot and UNS-1A FMS were incorporated into the cockpit.

The residual value of a 1983 Learjet 55 is currently at about 11% of its 1983 list price ($6.9m) and the current retail value is ~$730k.

The following ‘Appraised Value Add-Ons’ for the Learjet 55 model are based on my numbers, not those of the value guides: •

•

•

ER Modification

LR Modification

Gogo Biz ATG-5000

+$25,000

+$65,000

The Learjet 40 is shorter by two feet than the Learjet 45XR model, but is powered by the same engines. Performance is stellar, but it carries less fuel and therefore offers a shorter range. The reduced cabin length also eliminates two seats.

Further, the Learjet 40 is not equipped with an APU. The Learjet 40XR offers approximately 650lbs greater MGTOW (21,000lbs) than the Learjet 40 and increased range with the greater fuel capacity.

The residual value of a 2006 Learjet 40 is currently at about 18% of its 2006 list price ($10.838m) with the current retail value being around $1.9m.

The following ‘Appraised Value Add-Ons’ for the Learjet 40 model are based on my numbers, not those of the value guides: •

•

•

BR Engine Modification

Dual UNS-1EW w/WAAS

Gogo Biz ATG-4000

+$180,000

+$80,000

+$120,00 

Learjet 40XR

+$135,000

Learjet 45/45XR

The Bombardier Learjet 45 was a clean-sheet aircraft design when it entered the market. Most importantly for passengers, the interior cabin space was designed first, with the aircraft being built around that space, all by computer modeling. The only component shared with earlier Learjet models was the Nose Landing Gear.

Everything else was new.

Up to s/n52, the standard Learjet 45 model came equipped with TFE731-20R engines, each producing 3,500lbst and featuring FADEC. After s/n52, these engines were delivered in the -20AR configuration (offering more robust hot-section components, and improved reliability with new carbon seals). An APU is an option on the Learjet 45.

The Learjet 45XR differed from the standard model, by 58

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

Freestream March.qxp 21/02/2018 12:04 Page 1

2008 Boeing BBJ

S/N: 36852

2006 Global Express XRS

S/N: 9195

2002 Dassault Falcon 2000

2001 Lear 45

S/N: 173

S/N: 167

FREESTREAM AIRCRAFT LIMITED

London +44 207 584 3800 sales@freestream.com

FREESTREAM AIRCRAFT (BERMUDA) LIMITED

Hamilton, Bermuda +441 505 1062 sales@freestreambermuda.bm

FREESTREAM AIRCRAFT (H.K.) LIMITED

Hong Kong +852 2724 5620 info@freestreamhongkong.com

FREESTREAM AIRCRAFT USA LIMITED

New York +1 201 365 6080 aircraftsales@freestream.com

VALUES MARCH18.qxp_Layout 1 20/02/2018 15:21 Page 4

OWNERSHIP T VALUES

Learjet 31A

the Learjet 35, but with a fuselage tank that reduced cabin length (eliminating two seats), but resulting in an added 500nm range. The Learjet 36A meanwhile kept the same engines, but offered a higher MGTOW than the Learjet 35A. The residual value of a 1980 Learjet 35A is currently about 13% of the 1980 list price, and the current retail value is ~$645,000.

The following ‘Appraised Value Add-Ons’ for the Learjet 35/36 models are based on my numbers, not those of the value guides: •

•

•

•

•

•

•

Cargo/Big Door

+$20,000

Delta Fins

+$30,000

Raisbeck Locker

+$40,000

Avcon RX Modification

Avcon RX & ZX Lite Modification

No T/Rs

Gogo Biz ATG-4000

+$100,000

+$200,000

-$60,000

+$120,000

Learjet 35/35A/36/36A

The Learjet 35 and Learjet 36 out-produced and out-sold all other Learjet models. The original Learjet 35 had two aerodynamic configurations: • •

The original factory wing with top-surface mounted vortex generators; or The STC’d Raisbeck wing (Mark IV Stall Improvement System) that eliminated the generators and added two wing fences

Learjet’s own factory production ‘Softflite’ wing became standard on the Learjet 35A model, while thrust reversers were optional on both models. The original Learjet 35 utilized a pair of TFE731-2-2A engines, but the -2B powerplants were chosen for the Learjet 35A. The Learjet 35A model also had two extra cabin windows and offered an increased MGTOW of 18,300lbs (versus 17,000lbs) over the Learjet 35.

The -2B powerplants on the Learjet 35A is upgradable to the -2C version which offers more robust hot-section components, improved reliability with new carbon seals, increased compressor and turbine cycle lives to scrap.

The Learjet 36, meanwhile, used the same engines as

Learjet 31/31A

The Learjet 31 is essentially a model 35A that retains the same engines but flies with the wing from the Learjet 28 Longhorn (i.e. winglets in-place of wing-tip fuel tanks). It also incorporates delta fins like the Learjet 55. With the loss of the tip-tanks, its range was restricted to 1,450nm (475nm less than the Learjet 35A).

The Learjet 31A model improved on the original Learjet 31 model by incorporating Bendix-King/Honeywell avionics with EFIS, a new autopilot, radios, and a Universal FMS. Later production model 31A aircraft were delivered with FADEC. The residual value of a 1995 Learjet 31A is currently at about 14% of the 1995 list price, and the current retail value is about $940k.

The following ‘Appraised Value Add-Ons’ for the Learjet 31 model are based on my numbers, not those of the value guides: •

•

•

Cargo/Big Door

+$20,000

Collins AHRS

+$60,000

Gogo Biz ATG-4000

+$120,000

T

The Years of Manufacture of Each Model are as Follows:

60

Learjet 75:

2013-Present

–

109 built (108 currently active)

Learjet 40:

2003-2012

–

133 built (132 currently active)

Learjet 70:

2015-Present

–

13 built (13 currently active)

Learjet 35:

1974-1992

–

739 built (562 currently active)

Learjet 60:

1992-2013

–

430 built (415 currently active)

Learjet 31:

1988-2003

–

246 built (232 currently active)

Learjet 55:

1981-1990

–

149 built (129 currently active)

Learjet 20 Series:

1964-1984

–

642 built (320 currently active)

Learjet 45:

1995-2012

–

454 built (446 currently active)

Total Learjets Built = 2,915 aircraft (2,357 currently active)

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

ACQUIRE WITH CONFIDENCE.

2010 Lineage 1000 S/N: 19000243

1998 Falcon 2000

2007 Hawker 400XP

S/N: 0058

S/N: RK-514

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AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 09:39 Page 1

OWNERSHIP T AIRCRAFT COMPARATIVE

Aircraft Comparative Analysis

Cessna Citation X vs Citation X+ vs Embraer Legacy 450 In this month’s Aircraft Comparative Analysis, Mike Chase provides information on a group of popular Mid-Size business jets for the purpose of valuing the Citation X and X+.

CITATION X

H

ow do the Citation X and X+ compare in the market today? Over the following paragraphs, we’ll consider various productivity parameters (payload, range, speed and cabin size) and cover current market values. The field in this study also includes the Embraer Legacy 450.

Several aircraft within the Citation family preceded the Citation X, but this model represented a clean sheet design when Cessna introduced it to the market in October 1990. A period of six years elapsed before the company could meet several specifications required to obtain certification.

For more than 20 years, the Citation business jets were known as well-handling, but relatively slow aircraft. Thus, the Citation X broke the mold when it became the fastest corporate jet in the world, offering a top speed of 0.92 Mach with a maximum flight altitude of 51,000 feet. Powered by two Rolls-Royce/Allison AE 3007C1 engines, the Citation X also features a 37-degree swept wing, a Honeywell Primus 2000 flight guidance system and a stand-up cabin.

Citation X production stopped in 2012 and the upgraded Citation X+ was introduced in 2013. The upgraded Cessna Citation X+ offers a longer cabin (accommodating two crew and eight to twelve passengers (nine is standard)), and improved range over the original Citation X. Utilizing fully integrated Garmin G5000 digital avionics suite and new generation Rolls-Royce AE 3007C2 turbofan powerplants, it also offers a higher maximum cruise speed of 0.935 Mach. Citation X+ production continues today.

CITATION X+

EMBRAER LEGACY 450

Worldwide Appeal

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

62

AVBUYER MAGAZINE – March 2018

The total number of Citation X aircraft manufactured is 315, with 309 in operation around the world today. Of those, 276 are whollyowned with seven in shared ownership and 26 in fractional ownership. There are 25 Citation X+ aircraft in operation, with one in shared ownership. Eleven percent of all Citation X and X+ jets are leased.

Of the Citation X and X+ aircraft in operation, by continent North America has the largest percentage at 89% followed by Europe (5%), accounting for a combined total of 94% of the world’s fleet.

Just over a quarter (28%) of the Citation X and Citation X+ jets in operation today are in fleet ownership. The largest fleet operator is US-based NetJets, which operates 25 Citation Xs. As of December 2017, the Citation X market comprised of 25% new versus 75% pre-owned. By comparison, the Citation X+ was 88% new versus 12% used.

The percentage of Citation Xs ‘For Sale’ stood at 10.7% of the fleet, which take an average 359 days to sell. The percentage of Citation X+ jets ‘For Sale’ was 7.7%, with an average 179 days on the market.

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Aircraft Index see Page 145

AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 14:36 Page 2

$9.7 Million (2012 Model)

HOW MANY

EXECUTIVE SEATS

CESSNA Citation X

vs.

CESSNA

8

$22.5 Million (2017 Model)

8

Citation X+

vs.

EMBRAER Legacy 450

7

$16.57 Million (2017 Model)

WHICH OF THESE MID-SIZE JETS WILL COME OUT ON TOP HOW MUCH

RUNWAY

Boeing Citation X+ Cessna BBJ2

DO I NEED?

(Balanced field length, ft)

HOW FAR

1000

2000

3000

CAN WE TAKE?

3,125 3,380 2,963

Cessna Citation X

(Lbs)

2,375 2,514

Cessna Citation X+ Embraer Legacy 450

2,754

HOW MANY

HOW MANY

OPERATION?

EACH MONTH?

UNITS IN 26 25

309

NEW/USED SOLD 0.3 (8%)

Advertising Enquiries see Page 4

5000

6000

LONG RANGE CRUISING SPEED?

(Knots)

Cessna Citation X

470

Cessna Citation X+

470

Embraer Legacy 450

436

WHAT’S THE

COST PER HOUR?

1.1 (0%)

05 (13.6%) (11.3%) 12-Month Average Figure

Sources used: Conklin & de Decker, JETNET, B&CA.

4000

WHAT’S THE

HOW MUCH

(Nautical Miles. 4 Pax)

Embraer Legacy 450

4,061

PAYLOAD

CAN WE GO?

Cessna Citation X+

5,242

Embraer Legacy 450

0

Cessna Citation X

5,250

Cessna Citation X

Cessna Citation X Cessna Citation X+ Embraer Legacy 450

$3,421 $3,400 $2,789



(% = Global Fleet For Sale)

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March 2018 – AVBUYER MAGAZINE

63

AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 11:09 Page 3

OWNERSHIP T AIRCRAFT COMPARATIVE

Table A - Payload & Range

Status of ADS-B Out Equipage

Citation X Citation X+ Legacy 450 36,100

36,600

35,758

12,931 12,931

12,130

2,375

2,514

2,754

1,444

3,229

1,506 2,890

2,498

611

MTOW (lb)

MAX Fuel (lb)

MAX Payload (lb)

Avail Payload w/Max Fuel (lb)

MAX P/L w/Avail. fuel IFR Range (lb)

Source: Conklin & de Decker

Of the 335 Citation X and Citation X+ jets operating worldwide, 150 (45%) have ADS-B Out installed, leaving 55% of the fleet yet to comply. The FAA has mandated that all business jets operating within US airspace must comply with this new requirement by January 1, 2020.

Payload & Range

As we have mentioned in past articles, a potential operator should focus on payload capability as a key factor. As depicted in Table A (top, left), the Citation X and Citation X+ ‘Available Payload with Maximum Fuel’ at 1,444lbs and 1,506lbs, respectively, are more than double that offered by the Embraer Legacy 450 at 611lbs, per Conklin & de Decker data.

Chart A - Cabin Cross-Section S

Cessna Citation X/X+

Embraer Legacy 450

Cabin Cross-Section Views

Source: UPCAST JETBOOK

Chart B - Range Comparison

Citation X Citation X+ Legacy 450

3,125 nm (w/4Pax) 3,380 nm (w/4Pax) 2,963 nm (w/4Pax)

Chart A (middle, left) shows a cabin cross-section comparison with the Citation X/X+ offering less width (5.5ft) than the Embraer Legacy 450 (6.83ft). Also, the height of the Citation X/X+ (5.7ft) is less than the Embraer Legacy (6ft).

The chart also depicts that the Embraer Legacy 450 offers a flat floor cabin design.

The Citation X+ cabin length is greater at 25.2ft compared to the Citation X (23.92ft) and the Embraer Legacy 450 (24ft). However, the cabin volume is greater for the Embraer Legacy 450 at 705 cubic feet than the Citation X+ at 593 cubic feet and the Citation X at 538 cubic feet.

Range Comparison

As depicted by Chart B (bottom, left) using Wichita, Kansas as the origin point, the Citation X+ (3,380nm) shows greater range coverage than the Citation X (3,125nm) and the Embraer Legacy 450 64

AVBUYER MAGAZINE – March 2018

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AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 16:35 Page 4

AIRCRAFT COMPARATIVE T OWNERSHIP

Chart C – Variable Cost

(2,963nm). Each business jet’s range covers all of North America, Central America and the northern part of South America.

Note: For jets and turboprops, ‘Four Passengers with Available Fuel’ represents the maximum IFR range of the aircraft at Long-Range Cruise with four passenger seats occupied. NBAA IFR fuel reserve calculation for a 200nm alternate is assumed.

The lines depicted do not include winds aloft or any other weather-related obstacles.

Citation X

$3,421

Citation X+

$3,400 $2,798

Legacy 450 US $ per hour $0

$1,000

$2,000

$3,000

Source: Conklin & de Decker

Table B - Aircraft Comparison Table Citation X Citation X+ Legacy 450

Powerplant Details

As mentioned above, the Citation X is powered by two Rolls-Royce AE 3007C1 turbofan engines each with 6,764lbst. The Citation X+, meanwhile, utilizes a pair of Rolls-Royce AE 3007C2 powerplants with 7,034lbst.

Finally, the Legacy 450 has two Honeywell HTF 7500E turbofan engines each with 6,540lbst.

470

470

436

Long Range Cruise Speed

3,125

$23.0

3,380 2,963

4 PAX w/available Fuel IFR Range nm

$10.80 2012

11.3%

309

New 2017 Vref Price $US Mil.

5 8%

$16.57 25

26

In Operation

0% % For Sale

.3

1.1

Average Sold Per month*

(Unless Stated) *Average Full Sale Transactions in the past 12 months; Source: JETNET Data courtesy of Conklin & de Decker; B&CA; Vref; JETNET

Total Variable Cost

The ‘Total Variable Cost’ illustrated in Chart C (top, right), sourced from Conklin & de Decker, is defined as the Cost of Fuel Expense, Maintenance Labor Expense, Scheduled Parts Expense and Miscellaneous Trip Expense.

The Total Variable Cost for the Citation X and Citation X+ computes at $3,421 and $3,400 per hour, respectively, both of which are more by approximately 22% than the Embraer Legacy 450 at $2,798 per hour.

Aircraft Comparison Table

Table B (middle, right) contains the 2017 used prices, per Vref, for each aircraft. The average speeds are from Conklin & de Decker and the ranges are from B&CA. Meanwhile, the number of aircraft in-operation, percentage ‘For Sale’, and Advertising Enquiries see Page 4

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March 2018 – AVBUYER MAGAZINE

65

AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 16:56 Page 5

OWNERSHIP T AIRCRAFT COMPARATIVE

Chart D - Maximum Scheduled Maintenance Equity Textron Cessna Citation X

Assumed Annual Utilization: 400 Flight Hours Average Maximum Maintenance Equity: $4,237,276 Pct of Avg Max Mtnc Equity vs. Aircraft Age

90%

Pct of Max Mtnc Equity

80%

70%

60%

Maximum Scheduled Maintenance Equity

50%

40%

30%

20%

5

6

9

8

7

10

11

12

13

14

16

15

17

19

18

20

21

Aircraft Age (Years)

Source: Asset Insight (www.assetinsight.com)

Table C - Part 91 & 135 MACRS Schedule MARS Schedule for PART 91 Year Deduction

1

2

20.0%

32.0%

3

4

5

6

19.20%

11.52%

11.52%

5.76%

MARS Schedule for PART 135 Year Deduction

1

2

3

4

5

6

7

8

14.29%

24.49%

17.49%

12.49%

8.93%

8.92%

8.93%

4.46%

Source: NBAA

Chart D displays the original Citation X model and depicts the Maximum Maintenance Equity available, based on its age.

The Maximum Maintenance Equity figure was achieved the day the aircraft came off the production line – since it had not accumulated any utilization toward any maintenance events.

The percent of the Maximum Maintenance Equity that an average aircraft will have available based on its age, assumes: • Average annual utilization at 400 Flight Hours • That all maintenance is completed when due.

Depreciation Schedule

Table D - MACRS Depreciation Schedule 2017 Textron Cessna Citation X+ - PRIVATE (PART 91) Full Retail Price - Million $23.000 Year

1

Rate (%)

20.0%

Depreciation ($M)

Depreciation Value ($M)

Cum. Depreciation ($M)

$4.600

$18.400 $4.600

2

32.0%

$7.360

$11.040

$11.960

3

19.2%

$4.416

$6.624

$16.376

4

11.5%

$2.650

$3.974

$19.026

5

11.5%

$2.650

$1.325

$21.675

6

5.8%

$1.325

$0.000

$23.000

2017 Textron Cessna Citation X+ - CHARTER (PART 135) Full Retail Price - Million $23.000 Year

Rate (%)

Depreciation ($M)

Depreciation Value ($M)

Cum. Depreciation ($M)

1

14.3%

$3.287

$19.713 $3.287

2

24.5%

$5.633

$14.081 $8.919

3

17.5%

$4.023

$10.058

$12.942

4

12.5%

$2.873

$7.185

$15.815

5

8.9%

$2.054

$5.131

$17.869

6

8.9%

$2.052

$3.080

$19.920

Source: Vref

66

average sold are as reported

by JETNET. The Cessna Citation X has 11.3% of its fleet ‘For Sale’ (as of December 31, 2017); the Citation X+ has 8% ‘For Sale’; and the Legacy 450 currently shows no aircraft ‘For Sale’.

The average number of used transactions (sold) per month shows five for the Citation X compared to 0.3 for the Citation X+ and 1.1 for the Embraer Legacy 450.

AVBUYER MAGAZINE – March 2018

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7

8.9%

$2.054

$1.026

$21.974

8

4.5%

$1.026

$0.000

$23.000

Aircraft that are owned and operated by businesses are often depreciable for income tax purposes under the Modified Accelerated Cost Recovery System (MACRS).

Under MACRS, taxpayers are allowed to accelerate the depreciation of assets by taking a greater percentage of the deductions during the first few years of the applicable recovery period (see Table C middle, left).

In certain cases, aircraft may not qualify under the MACRS system and must be depreciated under the less favorable Alternative Depreciation System (ADS)  Aircraft Index see Page 145

Leading Edge March.qxp_Layout 1 20/02/2018 17:03 Page 1

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AirCompAnalysis DEC17.qxp_ACAn 21/02/2018 11:17 Page 6

OWNERSHIP T AIRCRAFT COMPARATIVE

68

AVBUYER MAGAZINE – March 2018

Chart D - Productivity Comparison $30.0

Price (Millions)

where depreciation is based on a straight-line method, meaning that equal deductions are taken during each year of the applicable recovery period. In most cases, recovery periods under ADS are longer than recovery periods available under MACRS. There are a variety of factors that taxpayers must consider in determining if an aircraft may be depreciated, and if so, the correct depreciation method and recovery period that should be utilized. For example, aircraft used in charter service (i.e. Part 135) are normally depreciated under MACRS over a seven-year recovery period or under ADS using a twelve-year recovery period.

Aircraft used for qualified business purposes, such as Part 91 business use flights, are generally depreciated under MACRS over a period of five years or by using ADS with a 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.

The US enacted the 2017 Tax Cuts & Jobs Act into law on December 22, 2017. Under the new Act, taxpayers may be able to deduct up to 100 percent of the cost of a new or used aircraft purchased after September 27, 2017 and placed in service before January 1, 2023. This 100 percent expensing provision is a huge bonus for aircraft owners and operators. After December 31, 2022 the Act decreases the percentage available each year by 20 percent to depreciate qualified aircraft until December 31, 2026.

Table D (previous page) depicts an example of using the MACRS schedule for a 2017 model Citation X+ in private (Part 91) and charter

$25.0

Citation X+

$20.0

Legacy 450

$15.0

Citation X

$10.0 $5.0 0.0000

0.5000

1.0000

1.5000

2.0000

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

(Part 135) operations over five and seven-year periods, assuming a 2017 list price of $23m (per the Vref Pricing Guide).

Asking Prices & Quantity

The current used jet market for the Cessna Citation X aircraft shows a total of 33 aircraft ‘For Sale’ with 17 displaying an asking price ranging from $2.445m to $11.265m. We also reviewed the used Citation X+ (two for sale) with one listed at $17m. There were no Embraer Legacy 450s ‘For Sale’ at the time of analysis. (According to Vref, a 10-year-old (2007) Citation X value has declined to 29% of its new retail price.)

While each serial number is unique, the Airframe (AFTT) hours and age/condition will cause great variations in a used jet’s value. Of course, 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 D (above) are centered on the same aircraft. Pricing used in the vertical axis is as published in the Vref Pricing Guide.

The productivity index requires further discussion in that the factors used can be somewhat arbitrary. Productivity can be defined (and it is here) as the multiple of three factors: 1.

Four/Eight Passenger Range (nm) with available fuel; 2.

The long range cruise speed flown to achieve that range; 3.

The gross cabin volume available for passengers and amenities.

Others may choose different parameters, but serious business aircraft buyers are usually impressed with Price, Range, Speed and Cabin Size. After consideration of the Price, Range, Speed and Cabin Size, we can conclude that the Citation X and Citation X+ display a high level of productivity.

The Citation X+ business jet is offered at a much higher new price compared to the Embraer Legacy 450. Indeed, the Embraer Legacy 450 offers greater cabin volume and lower variable operating costs than the Citation X and X+, but it also offers a little less range and much less ‘Available payload with Maximum Fuel’.

Operators should weigh up their mission requirements precisely when picking the option that is 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 Citation X and X+ continue to be popular today. Those operators in the market should find the preceding comparison useful.

Our expectations are that the Citation X and X+ will continue to do well in the used markets for the foreseeable future. (Of course, if your Citation X and X+ jets are not outfitted with ADS-B Out, they cannot be placed in operation within US airspace after December 31, 2019.) T

Read more Aircraft Comparisons at www.AvBuyer.com/articles/jets-comparison

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Avionics MARCH18.qxp_Finance 20/02/2018 17:14 Page 1

OPERATING T AIRSPACE

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

What To Know About ICAO Airspace Plans Ken Elliott discusses airspace plans and how they impact all aspects of General Aviation, including business aircraft. In a three-part series he covers the US, Europe and ICAO, respectively, concluding this month with ICAO... he International Civil Aviation Organization (ICAO), headquartered in Montreal, has 191-member states with a 36-member governing council. It serves as the global forum of States for international civil aviation developing policies and standards, with a vision to “achieve the sustainable growth of the global civil aviation system”.

Like any other agency, ICAO creates operational principles in the form of Standards and Recommended Practices (SARPs), focusing on safety management. It also develops Procedures for Air Navigation Services (PANS) and regional Supplementary Procedures (SUPPs).

From a regulatory perspective, ICAO oversees international aviation safety, security, efficiency and environmental protection. The organization also regulates operating practices and procedures that involve the technical field of aviation.

At a higher level, ICAO creates plans and

T

70

AVBUYER MAGAZINE – March 2018

guidance for its membership to use as a template in their regional Air Traffic Management (ATM) applications. Being globally focused, it also adjusts and adopts mature and significantly impacting plans, such as Europe’s SESAR and the US NextGen, both originally initiated by the ‘ICAO Global ATM Operational Concept’.

Countries such as Australia closely abide by the intent of ICAO’s plans, ensuring their ATM operation is “a dynamic, integrated management of air traffic and airspace, operating safely, economically and efficiently — through the provision of facilities and seamless services in collaboration with all parties and involving airborne and ground-based functions” as defined by ICAO. Member countries develop their own airspace plans from ICAO framework documents, partially because these documents call out for states to develop their own regional and national ATM Plans and State Safety Programs. These documents include: • Global Air Navigation Plan (GANP) • Global Aviation Safety Plan (GASP) States with complex and individual airspace characteristics such as Russia, China and Brazil (and

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

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General Aviation March.qxp_Layout 1 19/02/2018 16:17 Page 1

Avionics MARCH18.qxp_Finance 20/02/2018 17:14 Page 2

OPERATING T AIRSPACE

Figure 1: Elements of ICAO’s Working Plan, Showing Relationship of Performance Improvement Areas, Blocks, Threads & Modules

partially because of their greater military control over civil aircraft activity) are still fully cooperative and engaging with ICAO recommendations. This is crucial where their airspaces meet and integrate with international water and remote terrain regions.

Performance Improvement Areas

At a Working Level

Block 0 [2013]

Efficient flight paths Module

Table A: Single Thread & Associated Modules Performance Improvement Area 1

Block 0 – 2013 and still current Block 1 – 2019 Block 2 – 2025 Block 3 – 2031 and onward

MODULE B0 - APTA

MODULE B1 - APTA

•

Airport Operations Airport Accessibility O ptimization of Approa ch P ro ce d u re s including vertica l g uid a n ce O ptimized Airport Acce s s ibilit y

Note how the two Modules are tied back to Blocks B0 and B1. This indicates work is ei ther under way or completed for Block 0, and should be ready to implement in 2019, for Block 1 effort .

Airport operations Globally interoperable systems and data - through System Wide Information Management (SWIM) Optimum capacity and flexible flights – through collaborative Air Traffic Management (ATM) Efficient flight paths

Figure 1 (top, right) shows these performance improvement areas as threads and modules falling within each timeline block. (Note: All Tables and Figures in this article are courtesy of ICAO or derived from ICAO material.) Table A (middle, right) meanwhile breaks open a single thread and associated Modules – in this case under the Performance Improvement Area 1 (Airport Operations).

72

Block 3 [2031 onward]

Optimum capacity and flexible flights

ICAO aligns its timeline block upgrades against performance improvement areas and there are four of these:

•

Block 2 [2025]

Globally interoperable systems & data

THREAD

• •

Block 1 [2019]

Airport operations

As we find with regional plans, once you dig below the surface there is an enormous amount of data generated from years of committee level effort, providing guidance that keeps airspaces safe and efficient.

ICAO sees airspace improvements as a series of block upgrades. These upgrades are scalable to a regional level, including both their applicability and their timing.

Ironically, the content of these blocks is leveraged from FAA and Eurocontrol programs already in place or underway.

This ensures that ICAO and their regional partners are in step (and particularly refers to Block 0 and 1 modules).

‘Blocks’ identified under the Aviation System Block Upgrade (ASBU) include modules performing as the individual cubes in a digital ‘Rubik’s Cube’. There are four major timeline Blocks with target implementation dates as follows: • • • •

Thread

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Avionics MARCH18.qxp_Finance 21/02/2018 14:22 Page 3

Table B: Threads, Modules & Blocks for Performance Improvement Area 4 (Efficient Flight Path) Performance Improvement Area 4

Efficient Flight Path

THREAD

CONT INU OUS D E SC E NT OP E RAT IONS (C D O) I m p rove d F l ex i b i l i t y an d E ff i c i e n c y i n D e s ce n t P rof i l e s ( C D O )

MODULE B0 - CDO

MODULE B1 - CDO

I mp rove d F l ex i b i l i t y an d E ff i c i e n c y i n D e s ce n t P rof i l e s ( C D O s ) u s i n g V N AV

MODULE B2 - CDO

I m prove d F l ex i b i l i t y an d E ff i c i e n c y i n D e s ce n t P rof i l e s ( C D O s ) u s i n g V N AV, re q u i re d s p e e d

THREAD

T RA JE CTORY‐B A SE D OP E RAT IONS (T B O)

MODULE B0 - TBO

I m prove d Safet y an d E ff i c i e n c y T h ro u g h t h e I ni t i al A p p l i cat i o n of D ata L i n k E n‐ Ro u te

MODULE B1 - TBO

I m prove d Traff i c Sy n c h ro n i zat i o n an d I n i t i al Tra j e cto r y‐B as e d O p e rat i o n

MODULE B3 - TBO

Fu l l 4 D Traj e cto r y‐ B as e d O p e rat i o n s

THREAD

CO N T I N U O U S C L I M B O P E R AT I O N S ( CCO ) Improved Flex ibilit y an d Efficien c y Depart ure Profiles ‐ Con t in uous Climb Operat ion s (CCO)

MODULE B0 - CCO

REMOTELY PILOTED AIRCRAFT SYSTEMS (RPAS)

THREAD

I nitia l I n teg rat i o n of Re mote l y P i l ote d A i rc raft ( R PA ) i n to N o n‐ Seg regate d Ai rs pace

MODULE B1 - RPAS

MODULE B2 - RPAS R

Re mote l y Pi l ote d A i rc raft ( R PA ) I n teg rat i o n i n Traff i c Re mote l y Pi l ote d A i rc raft ( R PA ) Tran s pare n t M an age me n t

MODULE B3 - RPAS

Table C: Module B0-TBO in Greater Detail (see red bordered item in Table B, above) TITLE OF THE MODULE: B0-40/TBO: Improved Safety and Efficiency through the initial application of Data Link En-Route

EQUIPAGE - AIR

ELEMENTS 1 . A D S - C ove r o cea n i c a n d re m ote a rea s

2 . C o n t i n e n ta l C P D LC

- FA N S 1 /A ; AT N B1

EQUIPAGE-GROUND - A DS -C - V DL M ode 2/ Contine ntal CPDLC

Im p le m e n t at i on m on i t or i n g an d i n t e nd e d p e r f o r ma n ce i mp a ct Qualitative performance benefits associated with five main KPAs only

IMPLEMENTATION ACC E SS / E Q U I TY PROGRESS 1 . Indicator : Number of ADS - C /C PDLC procedures available over oceanic and remote Areas

Not Applicable

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C A PAC I TY

E F F I CI E NCY

E NVI RONME NT

S A FE TY

A better localization of traffic and reduced separation allow increased capacity.

Reduced communication workload and better organization of controller tasks allowing increasing sector capacity.

Routes/tracks and flights can be separated by reduced minima, allowing to apply flexible routings and vertical profiles closer to the user-preferred ones.

Reduced emissions because of reduced fuel burn.

ADS-C based safety nets supports cleared level adherence monitoring, route adherence monitoring, danger area infringement warning and improved search and rescue. Reduced occurrences of misunderstandings; solution to stuck microphone situations.

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Table B (left) lists all the Threads, Modules and Blocks for Performance Improvement Area 4 - Efficient Flight Path. This Performance Improvement Area includes the use of forward-looking technologies and is an example of areas that may directly impact Business Aviation over the long-term.

In Table B, for Block 0 (B0-), the proven components of the performance improvement are already in place, as of 2013. The target member states may implement these Modules anytime from 2013 and ideally by the close of 2018.

The modules were completed and proven prior to 2013, by either FAA or Eurocontrol, via implementation at specific airports, routes and flown by identified operators, usually a major air carrier.

These modules and their components will continue to be applied regionally adapting to the distinct local variations, as they apply. So for example, Block 0 Modules will still be applied at different levels of maturity, in different regions of the world, beyond 2018.

Block 1 Modules are also well under way with all their components anticipated to be in place by 2019. They will subsequently be implemented and utilized by member states between 2019 and 2024. Following Block 1 will be Block 2, functioning between 2025 and 2030, and then Block 3 commencing in 2031.

Timeline dates have shifted and may well do so again, normally to the right.

The primary guidance material covering the implementation of Block D content is the ‘Working Document for the Aviation System Block Upgrades’. This important document is further supported by several granular level documents pertaining to specific applications.

Table C (left) takes the Block Thread of Trajectory Based Operations (TBO) ‘Improved Safety and Efficiency through the initial application of Data Link En-Route’ from Performance Improvement Area 4.

Importantly, ICAO monitors the implementation progress of its Performance Improvements by the use of Key Performance Areas (KPA), measuring each module, to gauge its effectiveness.

Note how Table C introduces the Technology in support of the Elements of the Module. It includes both ground and airborne technology and shows clearly, in this case, the need for airborne FANS and  ATN technology. (FANS being for March 2018 – AVBUYER MAGAZINE

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Figure 2: Relationship of the Block Threads to the End Goal of Efficient Flight Paths

Oceanic and ATN being for European operations in this instance).

Figure 2 (left), meanwhile, visualizes the relationship of the Block Threads to the end goal of Efficient Flight Paths. It is further broken out in Table B, while one of the TBO Thread Modules, B0-TBO, is used as an example in Table C.

descent CDO Continuous operations

TBO Trajectory-based operations climb CCO Continuous operations

FULL TRAJECTORY-BASED OPERATIONS

EFFICIENT FLIGHT PATHS

piloted RPAS Remotely aircraft systems

Table D: Domains and Their Components Against a Roadmap Designation

DOMAIN

COMMUNICATION

COMPONENTS

ROADMAP

Ai r to groun d d ata li n k co m m u n i cat i on s

1

Groun d to groun d co m m u n i cat i on s

2

Ai r to groun d voi ce co m m u n i cat i on s

NAVIGATION

D ed i cated te ch n o log y

3

Per fo r m an ce - ba s e d n a vi gat i on

4

Groun d - based s u r ve i lla n ce

SURVEILLANCE

5

S ur face su r ve i lla n ce Ai r to ai r s ur ve i lla n ce

6

SWIM Fl i ght & F low

INFORMATION MANAGEMENT

7

AIS/A I M M eteo ro log y T im e Co m m uni cat i on s

8

S ur vei lla n ce

AVIONICS

9

N av i gat i on Ai r bour n e s a fet y n ets On - b oard s yste m s

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10

Technology

ICAO document 9750 - Global Air Navigation Plan (GANP), includes a section on technology as it applies to ASBU blocks. The technology falling into one of 10 roadmaps is both airspaceand aircraft-centric. It is isolated out into domains and components of activity, potentially involving equipage for both (see Table D, bottom left).

For Business and General Aviation aircraft, the Avionics domain is of specific interest. Each Roadmap has a format showing when the technology may be available that in turn drives the block module implementation date.

The Avionics domain provides its own indication of future equipage. From a general perspective we are now seeing the gradual blurring of Communication, Navigation and Surveillance (CNS) into one integrated technology. Data communication will drive navigation that itself, is under constant surveillance. Any change to route, navigation procedure, communication frequency, proximity traffic and weather will initiate a combined CNS response.

For pilots and ‘non-pilot autonomous operations’, these integrated CNS ‘commands’ will be seamless, reducing cockpit workload, while enabling greater focus on the ‘art and fun of flying’.

The equipment being installed today, designed to meet mandates and operating requirements, will not necessarily be replaced in the future.

Equipment may be upgraded, via hardware and software, to maintain its capability. However, operators can anticipate the addition of equipment to facilitate a cockpit integration of 4D trajectory navigation, some time in the next decade (see Figure 3, overleaf).

Furthermore, legacy used aircraft operators may need to add ‘some box or other’ to continue operating their older avionics in the new ‘blurred CNS’ environment.

It has to be understood that despite the daunting prospect of additional financial outlay, equipage is crucial to  Aircraft Index see Page 145

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OPERATING T AIRSPACE

Technology Area

BLOCK 2

2030

BLOCK 1

2024

BLOCK O

AVIONICS

2018

Figure 3: Roadmap #9 (Covering Avionics Navigation Enablers, Where New Equipment May Eventually be Required by Operators)

BLOCK 3

NAVIGATION BO-FRTO BO-FRTO

The Technology Supporting the Module

B1-FRTO

INS Multi-Sensor Navigation Management

Data of Anticipated Technology Implementation

B3-APTA, B1-FRTO, B1-CDO

Multi-Constellation/Freq & Multi-Sensor

B1-APTA

ENABLERS

Module Date When Technology is Required for the Block

B0-FRTO, B0-CDO

B3-NOPS, B3-TBO

FMS Supporting PBN

B3-APTA, B1-FRTO, B1-CDO B2-CDO FMS Initial 4D

FMS Full 4D

B1-TBO

B3-NOPS, B3-TBO

Airport Navigation Integration [via ATN B2] B1-TBO

airspace performance. The greater number of aircraft that have capability, the more effective the performance improvement. This, in turn, feeds into the integrated airspace performance and begins to have the quantitative effect of ‘the whole is greater than the sum of its parts’.

It should be noted that block modules of the Global Air Navigation Plan are inter-dependent, providing a complex set of possibilities that can impact the implementation of different modules, added to which are regional application variabilities to be considered.

Oceanic

For remote and oceanic regions, the burden of responsibility for global plans falls more on ICAO than in populated terrestrial locations. For these vast open areas there are equipage requirements that already bring together and blur the separate identities of the three CNS components.

Datalink Communication and the Automatic Dependent Surveillance (ADSC) of Surveillance ensures safe and reliable flight within the PBN tracks of Navigation.

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Navigation Performance (RNP), RNP 10 (RNAV 10 designation) and RNP 4, the requirements to operate are clearly defined by ICAO. Oceanic and Remote RNP 10 and 4 requires that each aircraft monitors and alerts the performance and accuracy of its flight along a track. An accuracy that needs to be maintained 95% of the time.

50nm-RNP 10, and 30nm-RNP4, spacing between aircraft, along and aside each track, is permitted by the frequent use of communication and surveillance.

Apart from cockpit monitoring, the use of datalink and ADS-C is mandatory for RNP. Going forward, expect an incremental decrease in lateral and longitudinal separation and a greater deployment of these separations, along a greater number of Oceanic and Remote routes.

Anticipate an additional upgrade of existing Flight Management Systems, either of a hardware or software nature.

Of course, you can also look forward to acquiring more operational approvals and more cockpit monitoring alerts.

Summary

Adequately covering ICAO, alone, is a mammoth task and we have barely skimmed the surface of its policy breadth and depth. www.AVBUYER.com

Of help to pilots may be the documents relating to regional plans such as Document 7030 (check latest edition) and ASBU Monitoring Reports, provided

by ICAO-EUR States (2016) showing each EU member state’s adoption status of the various modules. This can be very useful to aircraft operators intending to navigate across, and access into different member states and airspaces.

For operators who are NBAA members, there is a reliable resource available covering international operations.

Additionally the Flight Services Bureau international OPSGROUP offers comprehensive coverage of operations.

This trilogy of airspace articles has brought together and summarized FAAEurocontrol and ICAO airspace plans that together govern, guide and control the equipment we use and the airspace in which we fly.

As a final tip, I suggest constant vigilance in monitoring the activity of all three agencies. Their requirements and timelines tend to shift and change as much as the weather impacting the performance improvements they are trying to implement. That being said, there is no prospect of a delay in the ADS-B Out mandate, relating to FAA and Eurocontrol, at this time. T Aircraft Index see Page 145

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When to Outsource Flight Planning

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Aircraft Index see Page 145

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When and why should you outsource your international trip handling? Aviation Director Andre Fodor offers insights on the value of using a flight support company to manage overseas flight planning…

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With a focused approach on global excellence and creativity, Andre Fodor has managed flight operations for the U.N. and Flight Options as well as being a senior demonstration pilot and instructor for Embraer Aircraft. He is currently the Aviation Director at Johnsonville Sausage.

t was a typical Middle-Eastern day; hot and bone-dry. The crew stayed with the airplane to complete the fueling, pre-flight preparations and to cool the cabin down while I returned to the FBO to greet the passengers. A few minutes before the limo carrying our principal pulled up, my phone rang.

The first officer was calling to inform me that he could not fuel the aircraft to the required load. High ambient temperatures and fuel expansion had caused the aircraft’s computer to limit the fuel intake.

We would now require an unplanned fuel stop en route.

My first call was to our international trip handler. They asked pertinent questions and developed a new plan that included an interim fuel stop. In less than 45 minutes, they had re-arranged our flight plans and managed to secure new clearances that included overflying Iran.

We experienced only a minimal delay to our planned time of departure, the fuel stop was quick and efficient and our handler even arranged a gift basket delivery for our passengers to help minimize any inconvenience.

Upon landing at our destination, customs had already been informed of the delay resulting from the fuel stop, the handler had re-arranged our ground transportation and everything moved seamlessly towards the conclusion of a successful flight.

For domestic Flight Planning, a Flight Department can quickly learn to optimize its operations and extract maximum benefits from fuel and services required.

But flying internationally can be a very different ball-game, for a plethora of unexpected reasons such as the one highlighted above.

For international flight, using a handler can also provide value beyond the obvious. For example, the complexities of

I

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international flying don’t end as the hangar door closes on a trip. Invoices for overflights and airway charges can be overwhelming, arriving at multiple destinations (office, local airport and home) and at different times (sometimes months after a trip was completed). Failure to track and pay one of these could result in denied access to airspace or landing rights on future missions.

Using a handler as an agent for handling airspace invoices can help alleviate any potential problems, while providing the Flight Department with tripspecific invoices that clearly describe all of the charges. So how does a Flight Department source a handler that can offer the high level of service they need?

Outsourced Flight Planning: All About Synergy

If your Flight Department could benefit from outsourcing international Flight Planning and trip support to an experienced organization, the next question is which service provider to choose. Regardless of the Flight Department, a strong global presence from the provider is a must. Beyond that, choosing the right handler is all about synergy.

The manager of a larger flight operation might prioritize the need for efficiency under pressure above personalized service. Their need will be for a larger handler that is staffed to fulfill the higher service demand.

Smaller Flight Departments may prefer boutique-style handling with a personalized touch. Ultimately, the final choice comes down to what a specific Flight Department needs, where it can have its needs met and the regions covered by the handler.

Once the right provider is selected, the establishment of a long-term relationship  March 2018 – AVBUYER MAGAZINE

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“The handler should demonstrate willing to learn how your Flight Department operates and almost anticipate what will be requested as a trip comes to the planning board.” with the one company will prove beneficial to the operator. As it becomes more familiar with the needs of the Flight Department, the support provider will remember hotel preferences and have all the necessary aircraft, passenger and crew documentation readily available on file.

With an established relationship, the dispatch team will also prove more sympathetic to the many changes that occur as the trip planning changes and evolves. The handler should demonstrate willing to learn how your Flight Department operates and almost anticipate what will be requested as a trip comes to the planning board.

Why Outsource Flight Planning?

Once the handler receives a proposed schedule, they build a trip package. This may be downloaded to a digital tablet and the aircraft’s FMS. Naturally, however, updates, changes and additions (such as ground transportation and hotel logistics) are further optimized and updated as the final details of the trip are established.

The handler with whom you have built a relationship should prove flexible to your needs, from initial planning, through following the flight

from the moment of departure all the way to the destination’s hotel check-in.

Indeed, as a trip begins your handler obtains overflight permits and proposes re-routes and fuel stops. Monitoring weather, politics and fuel prices, a handler with global presence will offer local knowledge of the regions you’re traveling to.

Having somebody to watch the details that can change on a moment’s notice allows the crew to get adequate rest before a long-haul flight knowing the finer details of the flight are in good hands. (It may seem a minor point, but your longterm dispatcher should also be cognizant of when to refrain from interrupting pre-flight rest times, unless the matter requires an immediate response.)

To Summarize

A Flight Department might try several providers before finding the one best aligned with their operation, and there will undoubtedly be a learning curve in doing so. Build the relationship, invest in polishing the processes and have reasonable expectations. You’ll be rewarded with direct routings, optimized flight levels and many smooth flights. T

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Aircraft Index see Page 145

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OPERATING T CONNECTIVITY

How Secure is Your Cabin Connectivity?

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Aircraft Index see Page 145

Connectivity March18.qxp_Layout 1 20/02/2018 14:23 Page 2

Dave Higdon is a highly respected aviation journalist who has covered all aspects of civil aviation over the past 36 years. Based in Wichita, he has several thousand flight hours, and has piloted pretty much everything from foot-launched wings to combat jets. Contact him via Dave@avbuyer.com

What are the best-practices for securing your aircraft cabin connectivity?

Are you doing all you can to deter hackers? Dave Higdon seeks out advice from the industry…

A

fence provides a measure of security against casual encroachments of a property. An alarm system dissuades the more active intruder. In the world of digital software and hardware, digital firewalls provide protection from potential usurpers.

As aviation grows ever deeper into the realm of computers, aircraft need protections that are common in the computer; walls that are created to protect sensitive hardware and software from digital invasion. Hardware firewalls, software firewalls, and other protective measures exist to wall-off the sensitive areas from the dangers of uninvited incursions.

Yet in today's wireless age Business Aviation operators sometimes fail to fully tend to their walls, making their on-board internet systems open to encroachment.

Some once held the belief that flying at high speeds with miles of separation from the ground somehow insulated their digital systems from the threat of digital invasion. But, as proven on multiple occasions recently, neither near-Mach flying speeds or 10 miles of altitude provide reliable protection from a dedicated hacker.

The best defenses against external threats to aircraft in-flight connectivity comes in the form of a strong offense; utilization of the best-practices for self-protection measures in and around your aircraft’s in-flight internet and entertainment systems. Following is some industry advice…

Security: Only as Good as Your Use Habits

In reality, no system guarantees complete protection against the creative hacker, noted Brian Wilson, Director, Key Accounts, with Gogo Business Aviation, a leading provider of in-flight connectivity solutions and services. “We receive many inquiries  Advertising Enquiries see Page 4

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OPERATING T CONNECTIVITY

about data security. Corporations want assurance that their data is safe,” Wilson qualifies.

As an Internet Service Provider (ISP) in its own right, Gogo takes the importance of network security very seriously. “Our data is encrypted and supported by two redundant data centers on the ground. The data (from the ground networks) is then encrypted to and from the aircraft,” he details.

But beyond the ground- and satellite-based systems and the security measures ISPs take on their end, responsibility for system security ultimately falls to the owner, operator and crews maintaining and flying the aircraft. Consistent protection requires consistent use of the available tools and technologies, along with some best practices.

Together these tools and steps offer protection from the majority of incursions.

Internet Security ‘On-The-Go’

One significant challenge for business aircraft operators with in-flight internet systems, however, stems from the very thing that appeals to operators: The aircraft’s mobility, in flight and (especially) when back on the ground.

As vexing as it sounds, however, information technology professionals employ many tools and tricks to protect airborne systems from the unwanted intrusions and active assaults. Most will sound familiar to anyone who worked through the same issues that challenge office systems.

One potential source of an incursion into aircraft 84

AVBUYER MAGAZINE – March 2018

“One significant challenge for business aircraft operators with in-flight internet systems, however, stems from the very thing that appeals to operators...”

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systems appears when maintenance or flight crew update their avionics software using wireless gateways available at their home base and many FBOs. This potential opening arises as avionics OEMs seek to improve their users' ability to update the avionics software anywhere a connection is available.

For some packages the wireless gateways on-board and at FBOs provides the ideal solution – eliminating the potential for a traveling pilot to miss a database update that could be waiting in the office mailbox.

Many avionics systems allow the person performing the update to download the latest software to an Electronic Flight Bag (EFB), other tablet or smartphone before using another wireless transfer in the cockpit to upload the update directly into the avionics stack. In both cases the security of passwords and IDs provide the main protection against errant hackers or accidental incursions into the supposedly secure avionics.

These types of threats also plague the in-flight internet system used for cabin connectivity, and those supplying in-flight entertainment (IFE) to that cabin.

Prevention as a Cure

Gogo's Brian Wilson offered a number of suggestions to help secure the aircraft’s in-flight networks. One user-choice option for an extra layer of security is commonly used by ground networks: the Virtual Private Network (VPN).

“We urge the usage of VPNs,” offers Wilson.

“That extra layer of protection can be the difference



Aircraft Index see Page 145

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OPERATING T CONNECTIVITY

between a successful hack and a failed attempt. But VPNs are not without their own issues. They do absorb additional bandwidth – but they also offer an enhanced layer of security.”

Indeed, as networks become more robust and their throughput speeds increase the downsides of VPNs are reduced.

Aircraft users can help their cause by avoiding the use of open networks. “The internet is part of our daily lives and free Wi-Fi is available at coffee shops, restaurants, airports and hotels,” Wilson observes.

“Any time someone uses an ‘open’ Wi-Fi connection, they (and their device) are subject to infiltration and hacking of their data.

“Aircraft that have Wi-Fi on board should absolutely use a password for a log-in,” Wilson stresses. “Many do not!”

The lack of a password to access a network is comparable to leaving a bank vault or retail store open. It is, according to a variety of internet security experts, “an invitation to steal data”.

“It's like leaving a sign proclaiming ‘we’re open, take whatever you want’,” according to one avionics technician whose job it is to update aircraft avionics and in-flight internet systems. “We change passwords no less than with every chart update, and as often as weekly.”

“‘Aircraft that have Wi-Fi on board should absolutely use a password for a log-in,’ Wilson stresses.

‘Many do not!’”

The Risks are Everywhere

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The threat when on the ground seems obvious, Wilson notes. “In the case of an aircraft sitting at an 86

AVBUYER MAGAZINE – March 2018

FBO and parked next to the terminal it is possible that someone sitting in the lobby can connect to the system - particularly a system lacking suitable firewall or password protections.

“One option is for the crew to have a Wi-Fi on/off switch in the cockpit to control such activities.” If power is cut, there's no running system to hack.

But hacks can also occur in-flight. The smartest hackers may know how to crack satellite-based systems to connect to aircraft in-flight. Alternatively, an aircraft flying within a few hundred feet of an unprotected aircraft could theoretically hack into the unprotected system.

The surest solutions to protecting system integrity remain the complex password systems, VPNs, and the powering-off of the airborne network at the terminal.

Best practices touted by aircraft electronics users include aligning updates of EFB software and navigation software (both generally every 28 days) with updating operating software for the in-flight internet systems. As for changing passwords for access, the challenge for some operations will grow out of the necessity of secure distribution of the password update to the crews who need to know.

Of course, if you’re uncomfortable with waiting four weeks to change passwords, weekly changes seem a common step that can keep airborne systems secure for years on end. T

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Aircraft Index see Page 145

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How to Avoid the Long-Term Engine Maintenance Costs

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Engines 1 March18.qxp_Layout 1 20/02/2018 13:40 Page 2

Photos courtesy of Elliott Aviation

Mike Saathoff has over 20 years of experience in corporate aircraft maintenance. He has held several service technician and quality control positions with Elliott Aviation and currently serves as the Director of Sales Operations & Engine and Accessory Sales.

He has an Airframe and Powerplant and Inspection Authorization license with the FAA.

What are the short-term costs to engine maintenance that could save big costs longer-term – and how can you keep on top of them? Elliott Aviation’s Mike Saathoff offers his insights…

I

t’s one of the most important parts of your aircraft. It’s also one of the most expensive components to maintain. The life of your aircraft engines and the condition of your records can play a big part in your aircraft ownership costs.

Given that this can ultimately impact your aircraft value, should you be fiscally conservative or should your make sure your aircraft engines are in tip top shape? Following is some advice to help answer that question…

Understand Your Engine Maintenance Requirements Fully

Aircraft engines were made with specific capabilities in mind. They were engineered to be able to perform precise requirements in terms of fuel consumption, thrust or horsepower. Since the engine performance requirements are specific, their maintenance requirements are unique – so each engine make and model comes with the manufacturer’s requirements for proper maintenance.

For example, inspection and overhaul requirements will be contained in each engine model’s maintenance manual. These can be very different (i.e., a Pratt & Whitney JT15D-5 popular on the Beechjet requires hot section inspections (covering the combustion portion of the engine) at 1,800 hours and a complete overhaul at 3,600 hours, whereas the TFE-731-5BR, popular on the Hawker 800XP, which requires hot sections/MPIs at 2,100 hours and a complete engine overhaul/CZI at 4,200 hours. Moreover, requirements can vary based on Service Bulletin status.

It’s vital for business aircraft ownership budgeting to fully understand these costs, and know exactly when items are due. These costs should also factor into your decision when buying jets or turboprops.

Additional requirements will be laid out in an aircraft manual that may not be defined as engine components by the engine manufacturer.

Nevertheless, they are attached to the engine. Items such as starter generators, engine mounts, thrust  Advertising Enquiries see Page 4

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reversers and more will have their requirements determined by the airframe maintenance manual.

Neglecting the maintenance or overhaul requirements of these particular items can lead to failures and unexpected expense. The intent of each engine manufacturer is for the engine to be maintained in accordance with the requirements they put in place.

These requirements were not intended as optional. We are often asked if the cost will be the same at overhaul if the engine is operated past overhaul or hot section. In almost all cases the answer is no. The reason these inspections are put in place is to catch damage before it can cause additional issues or a catastrophic failure.

In some situations, many of the parts are allowed to be repaired if they are still within manufacturer limits or tolerances. In most situations, however, when the engine is pushed past the overhaul or inspection period, many of those parts could be worn past their limits and would not only be dangerous, but unacceptable for continued operation. At that point, an owner would have to scrap and replace the part with a new, overhauled or repaired unit.

In all cases when the core unit is not repairable the new part will be more expensive, thus providing an example of how money can be saved by paying a cost in the near-term for engine maintenance that would otherwise cost the customer significantly more in the long-term.

Furthermore, if the part or component fails in operation and causes a catastrophic failure of the 90

AVBUYER MAGAZINE – March 2018

engine, additional internal damage could result, and the engine rendered Beyond Economical Repair (BER). At that point, engine replacement would be an extreme cost to the owner or operator.

Who Maintains Your Engines?

When choosing a facility to maintain your engines, there are two basic options to consider. Will you use: • A repair station, or • An individual engine provider?

An FAA Certified Repair Station will have numerous factory-trained technicians with many years of practical application experience. An inspection department should research to ensure the engine is current with all the required Service Bulletins or Airworthiness Directives, work multiple shifts to help ensure a shorter downtime, and have the buying power to ensure price breaks on parts, tooling, technical data and training required.

A reputable shop can handle any warranty issues and have insurance to handle any issue needing support.

Choosing an individual Airframe and Powerplant mechanic could prove less expensive, however.

You may have a personal relationship with that individual and they can likely complete the work at your facility. Keep in mind that at resale, reputation of aircraft maintenance history in logbook reviews are evaluated and factored into the pedigree of the airplane.

www.AVBUYER.com



Aircraft Index see Page 145

3 Axiom Aviation March.qxp_Layout 1 20/02/2018 15:49 Page 1

AXIOM AVIATION Inc. 26380 Curtiss Wright Parkway Suite 106 Richmond Heights, Ohio 44143 Tel: +1 216-261-8934 www.axiomav.com

2000 Cessna Citation Excel • 560-5071 N579MH

1995 Bombardier Learjet • 31A-0104 N631CC

2008 Gulfstream G150 • 251 N22ST

2008 Bombardier Learjet 60XR • 345 N365FX

1990 Hawker 800A • 258177 N52RZ

2004 Hawker 400XP • RK-369 N917EA

Mike Herchick Cell: +1 216-544-2295 Email: Mike@AxiomAV.com

Andy Toy Cell: +1 440-227-1466 Email: Andy@AxiomAV.com

Rich Newton - Appraisals Cell: +1 614-886-0641 Email: Rich@AxiomAV.com

Engines 1 March18.qxp_Layout 1 20/02/2018 13:41 Page 4

OPERATING T ENGINES

Undertake Preventative Engine Washes and Cleanings

It’s worth remembering that completing a compressor wash or another internal wash can remove many corrosion-causing substances. The recommendations for frequency of the wash can vary based on engine models (many engines are every 200 to 400 hours).

Moreover, if your aircraft is based - or often flies in areas that are known to be corrosive environments like Florida and the Caribbean islands, it can be beneficial for your engines to be cleaned more often. The same goes for heavily polluted environments containing smog and other airborne particles that can decrease the life of certain components of your engines.

Although these might be an additional shortterm cost, when compared to replacing a corroded component it can prove to be a huge long-term cost saving, while keeping your engine performance at the highest level.

Keeping Up With Engine Program Requirements

Many engines are on programs like Engine Assurance Program, JSSI, Rolls-Royce CorporateCare, MSP or Vmax. These programs make it easy for aircraft operators to budget and allocate for unexpected, high-dollar items. In some cases, they can even save aircraft owners money.

As with any extended warranty program, there are specific requirements in regard to how you maintain your engines to receive full coverage. It is critical 92

AVBUYER MAGAZINE – March 2018

for you to fully understand these and comply.

When purchasing an aircraft that is enrolled on an engine program, be sure to do a thorough review of all aircraft logbooks to make sure all items are in compliance with that engine program’s requirements. Many engine programs are also customized to fit a specific operator’s requirements, so make sure the program contract fits your mission.

Pay Now Save Later?

Fully understanding what it takes to keep an engine properly maintained can save you a lot of money at engine overhaul. Make sure you not only understand major events like hot sections and overhauls, but all of the short-run items. While they may seem minor at the time, every little bit adds up and, if neglected, can cost you much more than expected at overhaul.

Because every engine make and model has different requirements, engine maintenance can be difficult to understand. If you have questions, make sure to reach out to a reputable service center that is experienced in the type of aircraft you operate.

They can help give you advice and tips on how to maintain your aircraft engines to avoid extra costs at overhaul.

More information from www.elliottaviation.com

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T

Are you looking for more Engines articles?

Visit www.avbuyer.com/articles/engines-biz-av Aircraft Index see Page 145

Boutsen March.qxp_Layout 1 19/02/2018 16:26 Page 1

AIRCRAFT

FOR

SALE Sold!

2013 Boeing BBJ

2010 Gulfstream G550 - s/n 5292

2013 Dassault Falcon 7X - s/n 200

2012 Dassault Falcon 7X - s/n 136

2011 Dassault Falcon 7X - s/n 112

2002 Gulfstream GIV SP - s/n 1486

New to the Market!

1997 Falcon 2000 - s/n 037

2001 Challenger 604 - s/n 5481

Price Reduced!

Deal Pending!

2009 Citation Mustang - s/n 510-0182

41, rue Grimaldi

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2000 King Air B200 - s/n BB-1701

MC-98000 MONACO

2002 Citation CJ2 - s/n 525A-0116

+377 93 30 80 02

www.boutsen.com

1981 Cheyenne II - s/n 31T-8120064

sales@boutsen.com

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OPERATING T ENGINES

Why Use Engine Maintenance Programs?

What is the value of an engine maintenance program, and what should operators

be aware of when selecting the right one for their needs? Dave Higdon discusses… t their fundamental levels the assortment of engine maintenance programs available to operators of business aircraft are not typical warranties. They’re more akin to policies insuring against breakage, failure or any other covered problem likely to arise in the powerplant.

In Business Aviation these programs stand among the most used and useful options for aircraft owners and operators.

Indeed, some of the coverage options go far beyond the powerplants, extending literally from nose-cone to tail-cone.

Yet the most salient variation between the dominant aircraft maintenance programs comes down to pricing. Most ‘extended warranty’ programs cost a flat-rate for a fixed period of time, sometimes with the option to continue coverage with an extension at the end of the prescribed coverage term.

A

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Programs for business aircraft more typically follow a premium pattern. Hours flown are a common measure for almost everything else in aviation. There’s little difference here, where the client pays according to how much they've flown in the premium period. A periodic premium notice reflects the hours logged for that period.

While variables in costs and coverage exist among the programs, they all offer operators a couple of common benefits, including: • •

Comprehensive turbine engine maintenance, and Overhaul coverage at a fixed price per hour

With these comes the welcome ability to budget enginemaintenance costs for a stated period (the cost-predictability

www.AVBUYER.com

Aircraft Index see Page 145

Engines 2 March18.qxp_Layout 1 21/02/2018 12:53 Page 2

Dave Higdon is a highly respected aviation journalist who has covered all aspects of civil aviation over the past 36 years. Based in Wichita, he has several thousand flight hours, and has piloted pretty much everything from foot-launched wings to combat jets.

Contact him via Dave@avbuyer.com

“ The key is to know what you’re buying, and to run the costs of participation against maintenance-cost expectation to ensure that the cost equation stands on its own”

serves as the common denominator that gives appeal to any use-based maintenance coverage program). In addition, these programs are financially attractive, since they generally boost the value of covered aircraft and they help buoy prices at the time of sale.

When the engine maintenance program can transfer with an airplane as it passes from one owner to another, the value boost can make a big difference to the prospective buyer.

The Beginnings of Pre-Paid Protection

In the early years of these programs, Learjet was barely into its second decade but already under new ownership. Across the airport, guiding Cessna was a new management team busy introducing the Citation 500. Gulfstream was in the early stages of entering Business Aviation with the GI while Dassault's Falcon was a number 10. All of this new activity brought new products, and with them a different type of customer. Vendors sought ways to differentiate themselves from their competitors, and Rolls-Royce – already a leading player in business jet powerplants – invented Advertising Enquiries see Page 4

the ‘Power by the Hour’ program.

While Rolls-Royce gets the credit for creating the Power by the Hour concept, back in the 1970s no good idea stood alone for long. Within months Garrett, with its own stake in business turbine aircraft, came up with its own concept – what Garrett’s descendant, Honeywell, today continues to call Maintenance Service Plan (MSP).

As with many business innovations, as competition grew the costs changed and the options expanded. From those two pioneers the gates opened wider, expanding beyond programs offered by powerplant OEMs to independent pre-paid maintenance-program providers such as Jet Support Services Inc. (JSSI).

Understand What You're Buying

Providers of pre-paid engine-maintenance programs offer them in a variety of ways, all of them covering a defined set of needs that may range from the basics, to all-encompassing coverage.

Some may charge a portion of the costs back to the aircraft owner as a form of deductible while others cover all costs for predictable periodic maintenance (but require cost-sharing for unplanned maintenance events). Still others cover it all – whether planned periodic, unplanned, all hot-section and cold-section components and accessories.

The key is to know what you’re buying, and to run the costs of participation against maintenance-cost expectation to ensure that the cost equation stands on its own. Equally important is to know the limitations and any exclusions detailed in the contract. 

www.AVBUYER.com

March 2018 – AVBUYER MAGAZINE

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OPERATING T ENGINES

Your Program's Assigned Representative

Most providers of these programs assign a staff member to work with clients, usually grouped by geography or equipment types.

When a client finds the aircraft to be in need of work, the first call should be to the client representative assigned by the enginemaintenance program provider.

Armed with detailed knowledge of the client's aircraft, its location and as much detail as possible about the problem itself, the field representative can set in motion the appropriate process for the problem at hand.

The representative will bring in maintenance technicians to the location of an Aircraft-on-Ground (AOG), or help them prepare the aircraft for ferrying to a location better equipped to perform the needed work. (That may necessitate the acquisition of a ferry permit, ferry crew and coordination with the chosen maintenance shop.)

The Value Equation

As a rule of thumb, the greater the depth of coverage, the more expensive the per-hour fee is likely to be. Similarly, the greater the depth of coverage, the greater the impact on resale and residual values will be.

In fact, sellers typically mention the program the aircraft ‘For Sale’ is enrolled on, and for how long. It’s not uncommon for an owner or operator to enroll an aircraft in one of these pre-paid engine maintenance programs starting at delivery, with coverage structured to eliminate any gaps in factory warranty.

The existence of records relating to the enrollment also

becomes a positive selling point. The owner often notes that the coverage provided by the pre-paid program has been designed to either expand upon, or replace the factory coverage upon its expiration. Again, the existence of pre-paid coverage from the start and the maintenance records available from that program serve to enhance the resale and residual values of the covered aircraft.

The option to transfer the program to a new owner provides buyers with a bit of extra comfort and security about their purchase decision.

Pay Up-Front, Predictably

Several elements go into the cost of owning and operating a business turbine aircraft. Hangar rent… fuel… insurance… crew… and maintenance… Maintenance is no more avoidable than fuel.

Indeed, both items tend to grow or shrink with the hours flown.

Just as fuel programs and fuel-purchase programs help operators manage their fuel costs, pre-paid engine-maintenance programs deliver even more to operators in a known, per-timeunit cost for maintenance, before it’s needed. Thus, when it is required, the costs can be as little as nothing, depending on the program.

It’s no wonder those enrolled on such programs have a marketable asset that is proven to enhance the ownership experience, control maintenance expenditures and assure that the airplane never gets behind on its scheduled maintenance because of cost concerns.

The up-front payments make sure of that. T

Many engine maintenance programs exist within the Business Aviation industry.

Following is a selected list of program providers worth consideration…

• Engine Assurance Program: www.eap.aero • Jet Support Services, Inc.: www.jetsupport.com • Rolls-Royce CorporateCare: www.rollsroyce.com 96

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

BUYING A

BUSINESS JET?

Get a new engine maintenance program, too

If you’re buying a TFE731-2, -3, -4, -5 or JT15D-4 or -5 powered aircraft, switch your engine coverage to the Engine Assurance Program. EAP allows you to operate your aircraft more economically by offering hourly maintenance plans at significant savings. We cover scheduled and unscheduled maintenance, plus life-limited components, LRUs, rentals, shipping, R&R and 24-hour AOG service, too. You get full coverage with 75 hours as the yearly minimum.

Engines on the following aircraft are currently covered: Astra 1125/ SP Hawker 700, 800A Beechjet 400 Lear 31, 35, 55 Citation II / SII, III/ VI, V Sabre 65 Falcon 10, 20-5, 50, 900B Westwind Call 214.350.0877 or visit eap.aero/myengine to get more information.

Simpler contracts. Fewer exclusions. Less expensive. More flexible.

214.350.0877 | info@eap.aero | eap.aero

EAP_AvBuyer_Dec_ad.indd 1

11/13/17 4:53 PM

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OPERATING T MAINTENANCE

Pre-Purchase Inspections: Don’t Take a Hit at Time of Sale If you’re thinking of selling your jet,

how can you be sure of your aircraft’s condition? JSSI’s George Kleros offers advice to help you avoid

taking a hit on the value of your jet…

W

hen the term ‘Pre-Purchase Inspection’ is mentioned, it can create various thoughts in the minds of aviation professionals – not all of them pleasant. Why is that?

The main reason is that this one event can lead to unexpected, costly maintenance issues that may impact the sale of the aircraft.

There are at least five areas that should be addressed to adequately prepare for a Pre-Purchase Inspection, helping you avoid unexpected hurdles when it’s time to close on the sale of the aircraft.

Borescope – Know Before you go There

For decades, performing an engine borescope prior to acceptance of the aircraft purchase has been a common occurrence. Many people believe the borescope is a standard procedure that is required, and that the transaction won’t move forward without it. However, the need for a borescope of the engine depends on how the buyer and the seller structure this process into a sales agreement.  98

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

Engines 2 March18.qxp_Layout 1 20/02/2018 14:35 Page 2

George Kleros, Sr. Vice President, Strategic Event Management & Fleet Support, JSSI, has over 30 years of experience in Aviation Maintenance, Management, Field Support Services and appraisals for business jets.

He holds an FAA rating for Powerplant and Airframe, with additional privileges as a holder of an Inspectors Authorization (IA). He currently serves on the maintenance airworthiness committee for GAMA.

Advertising Enquiries see Page 4

www.AVBUYER.com

March 2018 – AVBUYER MAGAZINE

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OPERATING T MAINTENANCE

There are areas that should be well understood before finalizing a sales contract and beginning the Pre-Purchase Inspection.

The first question the seller needs to ask is whether the aircraft hull insurance provider accepts any adverse findings, such as Foreign Object Damage (FOD), if the borescope is performed outside of an incident?

Performing a pre-purchase borescope may not be considered an ‘event’, and if the hull insurance provider does accept the finding(s) under this elective inspection, you need to understand what the underwriter is contracted to cover.

Typically, only direct damage is covered, while restoration of worn assemblies and parts will not be covered. Depending on the engine’s age, time before overhaul, or total time since last shop visit for oncondition engines, the newly discovered FOD could launch a premature overhaul event that may range from $400,000 to $4m in out-of-pocket costs for the seller.

If the aircraft is enrolled on an hourly cost maintenance program (from JSSI or an OEM) it is critical that the seller contact the program provider to understand allowances under their contract and the conditions under which the program coverage will be applied. All the maintenance programs I have observed over 30-plus years in the industry have not covered FOD and do not recognize work performed outside of the required scheduled maintenance checks.

Maintenance programs vary greatly on how covered items are addressed when an engine enters a shop for a FOD event. Many programs will cover airworthiness findings unrelated to FOD, but elective inspections or borescope inspections that are out of sequence may not be eligible for coverage. The key is to contact your maintenance program provider and seek permission first.

Don’t expect forgiveness later.

Understand Your Sales Agreement Before the Inspection

The sales agreement is the primary tool used to control the process and define the terms of the purchase. Simple sentences or phrases within the agreement are typically not that simple. Interpretation of these words in the contract can drag out or collapse a deal. For example, a term such as ‘discrepancies discovered’ versus ‘airworthiness discrepancies discovered’ can make a significant difference.

In one scenario I witnessed, damage was discovered in an engine following a borescope inspection. The FOD was minor, and the OEM’s engineering team issued a technical variance allowing the condition to continue with no special changes to the maintenance schedule.

When the owner was ready to sell the aircraft, the sales agreement stated any ‘discrepancies’ – and this condition was a discrepancy. It was outside of normal, but acceptable to the OEM with a release letter. The buyer felt strongly that there was a risk and challenged the seller to correct the problem, or the sale would not proceed per their agreement. The result was an unexpected ‘out-of-pocket’ expense to the seller that could have been avoided.

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www.AVBUYER.com

Aircraft Index see Page 145



SCA March.qxp_Layout 1 19/02/2018 16:31 Page 1

2014 Dassault Falcon 7X

2003 Global Express

s/n 212

s/n 9082, N782SC

Low TT – 570 TT, Option 1 Floorplan, Available Immediately

Turnkey, only 5,050 TT, fresh 12C insp., new P&I, new Ovation CMS, worldwide internet, RRCC, MSP, HAPP, CAMP – delivery Q1, 2018

2006 Citation Encore

1996 Falcon 2000

s/n 697

s/n 6 • M-CKSB

2600 TT, fresh HSI’s in progress, No Damage

7,300 TT/4500 TC, MSP Gold, Winglets, New P&I Refurb 2016, WAAS, ADS-B Out, TCAS 7.1, Worldwide Internet, New Cabin Ent. System, NDH

2002 Citation Bravo

1990 Gulfstream GIV

s/n 1041

s/n 1144 • N41SC

4300 TT, good engine times, TCAS II, TR’s, 2014 Paint / 2014 Interior, no Damage.

8,700 TT/3800 TC, 700/700 SOH engines, Fresh ARCS, Fresh 72 month inspection, Gogo 4G Internet, Excellent cosmetics, ADS-B Out, TCAS 7.1

1994 Lear 60

2008 King Air 350

s/n 0028, N206HY

s/n FL-584 • N585SC

9300 TT, Engines on JSSI 100%, Dual UNS-1E FMS, 2013 cosmetics, N reg.

1800 TT, Fresh HSI, Fresh Phase 1-4 at HBS Tampa

GLOBALLY INTIMATE. Brokerage | Acquisitions | Sales | Management n +1 (954) 377-0303 | e acsales@scross.com | d www.scross.com | f i

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OPERATING T MAINTENANCE

Know How Much ‘Your’ Aircraft is Worth

It is important to set a reasonable expectation when planning to sell an aircraft. To do this, you should understand what your aircraft is worth prior to listing it for sale. Having an appraisal performed on your aircraft by an accredited appraiser is a valuable exercise.

It can also be beneficial to keep tabs on the aircraft’s value with an appraiser as part of the life cycle plan of owning such an asset. The in-service market values of business jets today have been steady but not stellar and can change significantly from month-to-month.

Just because there is a jet like yours ‘For Sale’ online for an asking price of $8m, you should not expect your aircraft will be worth the same, especially 60 or 90 days later. Depending on the current inventory, the length of time on the market, the interior layout and the maintenance condition of the aircraft, the value could easily swing drastically in two very different directions.

Hire an Expert

As a seller, you may feel that selling the aircraft without a Pre-Purchase Inspection is advantageous and that avoiding this process could save money. However, the risk of not conducting a Pre-Purchase Inspection usually outweighs the savings and could possibly lead to legal issues if the buyer feels you misrepresented the aircraft.

It is good practice to consult or hire a technical expert to represent you during an aircraft sale. Before signing the sales agreement and approving the pre-purchase checklist, it is important to have a technician that is an expert on your aircraft type to work with you and the broker representative. They will be there to keep the prepurchase fair and balanced and help select the proper facility to perform the Pre-Purchase Inspection.

All parties want to be protected, but there are reasonable limits as to how much should be reviewed and looked at, as well as any technical inspections that are essential for the pre-purchase.

Match the Logbooks With Maintenance Tracking System

A very simple yet important check to perform is comparing the aircraft maintenance status report to the actual maintenance entries in the aircraft records. This review could be another task you have the maintenance expert perform for you prior to listing the aircraft.

There will always be a few errors, but most will be very minor. However, during the audit you don’t want to find a major documentation issue that will prolong the PrePurchase Inspection when the timing is critical. A major finding may create other concerns, ultimately driving the buyer or seller away from the deal. This could also ground the aircraft until the issue is corrected at considerable costs.

Minimized Risk

There are numerous tasks to consider when preparing to sell an aircraft in today’s market. But if you have these five areas covered, you will minimize your risk of ending up on the short-end of the transaction. T More information from www.jetsupport.com 102

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

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Safety 1 Jan18.qxp_Finance 21/02/2018 09:13 Page 1

OPERATING T SAFETY

How to Prepare an Emergency Response Plan What does it take to ensure a thorough Emergency Response Plan (ERP) is in place within your Flight Department? Mario Pierobon offers advice…

A

lthough the overall aim of safety management is to avoid emergency situations from occurring, Flight Departments are expected to perform at their very best even when such circumstances do occur. Thus, corporate Flight Departments have an obligation to arrange Emergency Response Plans (ERP) as part of their Safety Management System (SMS).

Planning is about anticipating the possible scenarios and developing operating procedures that can be easily and clearly followed under those scenarios. The aim is to minimize the opportunity for additional damage and seamlessly return the department to normal operations.

Emergency management complements what pilots already do as they learn to handle abnormal and emergency procedures. While the immediate aspects of an emergency are managed by the line operatives closest to the event (by means of emergency operating procedures), the wider organizational aspects are covered by the Emergency Response Plan.

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These may include items such as: Ensuring operational continuity Recovering employees from ‘places of distress’ Offering accommodation or care to any injured party (or their relatives) • Helping employees handle the emotions stemming from an emergency, and • Dealing with the media • • •

ERP Best Practices

When developing an ERP there are a few bestpractices that corporate Flight Departments should consider and embed in the plans themselves. The first is to plan well in advance.

The ERP is a living document; it is not to be authored and filed away until needed. It should be periodically updated, based on any applicable learning experience stemming from the line environment.

The ERP should feature all foreseeable scenarios that may need to be handled during an emergency situation, ideally in sequential fashion. It should

www.AVBUYER.com

Aircraft Index see Page 145

Safety 1 Jan18.qxp_Finance 21/02/2018 09:15 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

also detail the procedures to be followed under an emergency. It should be pointed out, however, that every emergency situation is different and thus the emergency procedures should allow flexibility to adjust to the actual situation.

Bringing the ERP to Life

The planning is only one part of the ERP. The other important part is the operational readiness that’s needed. One way to ensure operational readiness is to run simulations, creating an artificial scenario from those anticipated in the ERP manual and having the employees learn how to behave, per the applicable plans.

The employees should be assessed on their performance in the simulation, details of their proficiency in managing the emergency situations should be recorded and simulations performed recurrently to ensure people remain current in their emergency response management abilities.

Taking care of the wellbeing of employees should be among the main items to accomplish in an emergency situation. This activity is performed in many different ways, since there are many ways employee wellbeing can be compromised in an emergency.

Advertising Enquiries see Page 4

“...every emergency situation is different and thus the emergency procedures should allow flexibility to adjust to the actual situation.” www.AVBUYER.com

This importantly should include consideration of the immediate logistics of recovering traumatised employees from a place or a situation of distress.

Likewise, employee wellbeing concerns dealing with the possible trauma suffered by staff after the event.

And finally, managing the media during an emergency is also vital. Flight Departments experiencing an emergency may have to deal with all sorts of media, ranging from local to national media and from general readership to industry publications and websites.

Regardless of the type of questions or concerns raised by the media, it’s important that a minimum protocol is followed that includes timely addressing all inquiries.

When dealing with the media it is also important that all answers come from individuals who have a managerial role, and that these persons are capable of conveying a sense of genuine concern for those involved in the emergency event.

Readiness to handle an emergency is an important safety function, and although it is hoped you will never have to utilize it, the leading corporate Flight Departments carefully prepare an ERP in case of emergency. T March 2018 - AVBUYER MAGAZINE

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OPERATING 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 © 2018 Conklin & de Decker Associates, Inc., P.O. Box 1142, Orleans, Massachusetts, 02653, Tel. 508-255-5975, www.conklindd.com

Description of Cost Elements The following describes the content of each cost element used in The Aircraft Cost Evaluator. There are no sales taxes included in these costs.

VARIABLE COST PER HOUR Includes fuel, maintenance reserves for routine maintenance, engine/ propeller/APU reserves, and miscellaneous expenses.

Specifications - General CABIN DIMENSIONS Cabin Height, Width, and Length are based on a completed interior.

On “cabin-class” aircraft, the length is measured from the cockpit divider to the aft pressure bulkhead (or aft cabin bulkhead if unpressurized). For small cabin aircraft, the distance is from the cockpit firewall to the aft bulkhead.

Height and width are the maximum within that

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AVBUYER MAGAZINE – March 2018

cabin space. Cabin Volume is the interior volume, with headliner in place, without chairs or other furnishings. Cabin Door Height and Width are the measurements of the main passenger cabin entry door.

BAGGAGE Internal baggage volume is the baggage volume that is accessible in flight by the passenger. This amount may vary with the interior layout. External baggage volume is the baggage volume not accessible in flight (nacelle lockers, etc.).

CREW SEATS/SEATS EXECUTIVE This is the typical crew and passenger seating commonly used on the aircraft. This is not the maximum certificated seats of the aircraft. These numbers may vary for different operations (Corporate, Commercial, EMS, etc.).

Weights: • Maximum Take-Off Weight and Maximum Landing Weight are specified during aircraft certification.

• Basic Operating Weight is the empty weight, typically equipped, plus unusable fuel and liquids, flight crew @ 200 pounds each and their supplies.

• Useable fuel is the useable fuel in gallons x 6.7 pounds per gallon (Jet fuel) or 6 pounds per gallon (AVGAS).

• Payload with Full Fuel is the useful load minus the useable fuel. The useful load is based on the maximum ramp weight minus the basic operating weight.

• Maximum Payload is the maximum zero fuel weight minus the basic operating weight.

Specifications Performance Range: • Range (4 Pax) - The maximum IFR range of the aircraft with four passenger seats occupied. This uses the NBAA IFR alternate fuel reserve calculation for a 200 N.Mi. alternate. This is used for jet and turboprop aircraft.

• Ferry Range - is the maximum IFR range of the aircraft with the maximum fuel on board and no passenger seats occupied.

This uses the NBAA IFR alternate fuel reserve calculation for a 200 N.Mi. alternate. This is used for jet and turboprop aircraft.

• VFR Range - Seats Full is the maximum www.AVBUYER.com

•

VFR range of the aircraft with all passenger seats occupied. This is used for all helicopters and piston fixed-wing aircraft.

VFR Ferry Range - is the maximum VFR range of the aircraft with the maximum fuel on board and no passenger seats occupied. This is used for all helicopters and piston fixed-wing aircraft.

Balanced Field Length BFL is the distance obtained by determining the decision speed (V1) at which the take-off distance and the accelerate-stop distance are equal (fixed-wing multi-engine aircraft only).

This is based on four passengers and maximum fuel on board (turbine aircraft). For single-engine and all piston fixed-wing aircraft, this distance represents the take-off field length at Maximum Take-off Weight (MTOW).

Landing Distance (Factored) For fixed-wing turbine aircraft, landing distance is computed using FAR 121 criteria. This takes the landing distance from 50/35 feet (depends on certification criteria) and multiplies that by a factor of 1.667. No credit is given for thrust reversers. Configuration is with four passengers and NBAA IFR Fuel Reserve on board. For fixed-wing piston aircraft, this figure is the landing distance over a 50 foot obstacle.

Rate of Climb (Ft/Min) The rate of climb, given in feet per minute, is for all engines operating, at MTOW, ISA conditions. One Engine Out rate of climb is for one engine inoperative rate of climb at MTOW, ISA. Cruise Speed (Knots True Air Speed - KTAS) Max Cruise Speed - is the maximum cruise speed at maximum continuous power. This may also be commonly referred to as High Speed Cruise. Normal cruise speed is the recommended cruise speed established by the manufacturer. This speed may also be the same as Maximum Cruise Speed. Long Range Cruise is the manufacturer’s recommended cruise speed for maximum range.

Engines The number of engines, manufacturer and model are shown.

Aircraft Index see Page 145

LEA RJET 31A /ER BOM BAR DIER

BEE CHC RAF T PR EMI ER I A

BEE CHC RAF T PR EMI ER I

400 XTi NEX TAN T AE ROS PAC E

BEE CHC RAF T HA WKE R 40 0XP R NEX TAN T AE ROS PAC E 40 0XT

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

AircraftPer&SpecMarch18.qxp_PerfspecDecember06 21/02/2018 11:34 Page 1

$1,778.34

$1,751.77

$1,490.89

$1,429.24

$1,373.21

$1,405.78

$1,385.80

$2,066.84

4.80

4.75

4.75

4.75

4.75

5.40

5.40

4.35

CABIN HEIGHT FT.

4.90

4.92

4.92

4.92

4.92

5.50

5.50

4.95

CABIN WIDTH FT.

15.60

15.50

15.50

15.50

15.50

13.60

13.60

12.90

CABIN LENGTH FT.

305

305

305

305

305

285

285

281

CABIN VOLUME CU.FT.

4.16

4.20

4.20

4.20

4.20

4.16

4.17

3.75

DOOR HEIGHT FT.

2.41

2.40

2.40

2.40

2.40

2.13

2.13

3.00

DOOR WIDTH FT.

30

31

31

31

31

23

23

30

BAGGAGE VOL. INT. CU.FT.

26

25

25

25

25

55

55

-

BAGGAGE VOL. EXT. CU.FT.

2

2

2

2

2

2

2

2

CREW #

7

8

8

7

7

6

6

6

SEATS - EXECUTIVE #

16100

16300

16300

16300

16300

12500

12500

17700

MTOW LBS

15700

15700

15700

15700

15700

11600

11600

16000

MLW LBS

10915

10985

10900

10531

10950

8565

8600

11247

B.O.W. W/CREW LBS

4912

4912

4912

4912

4912

3611

3670

4653

USEABLE FUEL LBS

473

603

688

1057

638

414

320

2000

PAYLOAD WITH FULL FUEL LBS

2085

2015

2100

2469

2050

1435

1400

2253

MAX. PAYLOAD LBS

1180

1180

1324

1852

1527

850

850

1480

RANGE - SEATS FULL N.M.

1519

1519

1997

2108

1945

1340

1340

1600

MAX. RANGE N.M. (4 PAX)

4700

4700

3480

4600

4030

4600

4600

4120

BALANCED FIELD LENGTH FT.

5083

5025

5240

4045

5237

5208

5208

4200

LANDING DIST. (FACTORED) FT.

4020

4020

-

5000

5000

4000

4000

4890

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

560

560

620

995

845

948

948

1515

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

458

450

447

471

460

461

454

462

MAX. CRUISE SPEED KTAS

449

450

447

460

447

426

426

441

NORMAL CRUISE SPEED KTAS

410

410

425

405

406

370

370

417

L/RANGE CRUISE SPEED KTAS

2

2

2

2

2

2

2

2

JT15D-5

JT15D-5R

FJ44-4A-32

FJ44-3AP

FJ44-3AP

FJ44-2A

FJ44-2A

TFE 731-2

VARIABLE COST PER HOUR $

ENGINES #



ENGINE MODEL

Airplane performance and specification numbers can vary depending on how they are measured. Please note this data should be used as a guide only, and not the basis on which buying decisions are taken.

Advertising Enquiries see Page 4

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March 2018 - AVBUYER MAGAZINE

107

AircraftPer&SpecMarch18.qxp_PerfspecDecember06 21/02/2018 11:35 Page 2

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

LEA RJET 45X R BOM BAR DIER

LEA RJET 45

BOM BAR DIER

BOM BAR DIER

BOM BAR DIER

LEA RJET 40

LEA RJET 40X R

OPERATING T SPECIFICATIONS

$2,054.47

$1,980.69

$2,104.92

$2,049.11

$1,513.21

$1,368.09

$1,278.98

$1,280.20

$1,319.72

CABIN HEIGHT FT.

4.92

4.92

4.92

4.92

4.70

4.80

4.75

4.75

4.75

CABIN WIDTH FT.

5.12

5.12

5.12

5.12

4.80

4.83

4.83

4.83

4.83

CABIN LENGTH FT.

17.67

17.67

19.75

19.75

15.75

11.00

11.00

11.00

13.58

CABIN VOLUME CU.FT.

369

369

415

415

292

205

201

201

248

DOOR HEIGHT FT.

4.80

4.80

4.80

4.80

4.25

4.25

4.25

4.25

4.25

DOOR WIDTH FT.

2.50

2.50

2.50

2.50

2.00

2.00

2.00

2.00

2.00

BAGGAGE VOL. INT. CU.FT.

15

15

15

15

28

4

8

-

4

BAGGAGE VOL. EXT. CU.FT.

50

50

50

50

46

51

51

45

70

CREW #

2

2

2

2

2

2

2

2

2

SEATS - EXECUTIVE #

6

6

8

8

7

5

5

5

6

MTOW LBS

20350

21000

20500

21500

14800

10400

10600

10700

12375

MLW LBS

19200

19200

19200

19200

13500

9700

9800

9900

11500

B.O.W. W/CREW LBS

13718

13949

13890

14125

9375

6950

7050

7035

7900

USEABLE FUEL LBS

5375

6062

6062

6062

4824

3220

3220

3220

3932

PAYLOAD WITH FULL FUEL LBS

1507

1239

798

1563

801

330

430

545

668

MAX. PAYLOAD LBS

2282

2051

2110

1875

1925

1450

1350

1365

1400

RANGE - SEATS FULL N.M.

1573

1778

1423

1685

1290

750

775

895

1075

MAX. RANGE N.M. (4 PAX)

1707

1960

1968

1937

1720

1130

1161

1245

1530

BALANCED FIELD LENGTH FT.

4000

4250

4400

4550

4200

4000

4220

3990

3810

LANDING DIST. (FACTORED) FT.

4033

4060

4063

4105

4295

4333

4407

4135

4628

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

2820

2820

2800

2630

3190

3311

3230

3290

3870

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

710

394

590

589

845

868

850

906

1160

MAX. CRUISE SPEED KTAS

465

465

465

465

405

377

381

389

413

NORMAL CRUISE SPEED KTAS

436

436

436

436

405

364

381

389

413

L/RANGE CRUISE SPEED KTAS

428

432

416

432

335

302

307

307

344

2

2

2

2

2

2

2

2

2

PW530A

FJ44-1A

FJ44-1A

FJ44-1AP

FJ44-2C

VARIABLE COST PER HOUR $

ENGINES # ENGINE MODEL

TFE 731-20AR TFE 731-20BR 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.

108

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

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+

CES SNA CITA TION CJ3

CES SNA CITA TION CJ2+

AircraftPer&SpecMarch18.qxp_PerfspecDecember06 21/02/2018 11:36 Page 3

$1,350.10

$1,420.34

$1,402.55

$1,603.71

$954.32

$1,207.63

$1,733.56

$1,689.05

4.75

4.75

4.75

4.75

4.50

4.75

4.75

4.83

4.83

4.83

4.83

4.58

4.83

13.58

15.67

15.67

17.30

9.80

248

286

286

293

4.25

4.25

4.25

2.00

2.00

-

$1,874.87 $1,874.87

VARIABLE COST PER HOUR $

4.75

4.80 4.80

CABIN HEIGHT FT.

4.83

4.83

4.83 4.83

CABIN WIDTH FT.

11.00

17.33

17.33

17.3317.33

CABIN LENGTH FT.

163

201

314

314

310 310

CABIN VOLUME CU.FT.

4.00

3.80

4.25

4.25

4.25

4.25 4.25

DOOR HEIGHT FT.

2.00

2.00

2.00

2.00

2.00

2.00

2.00 2.00

-

-

6

6

-

28

28

41

26

65

65

65

71

57

43

43

43

7

41

2

2

2

2

1

2

2

2

16300 2

CREW #

6

6

6

7

4

6

7

7

15200 7

SEATS - EXECUTIVE #

12500

13870

13870

17110

8645

10700

16630

16830

995016300

MTOW LBS

11525

12750

12750

15660

8000

9900

15200

15200

577115200

MLW LBS

7980

8585

8585

10350

5550

7000

10525

10460

779 9950

B.O.W. W/CREW LBS

3930

4710

4710

5828

2580

3296

5400

5400

2250 5771

USEABLE FUEL LBS

715

775

775

1052

600

504

905

1170

1259 779

PAYLOAD WITH FULL FUEL LBS

1720

1925

1925

2150

1200

1400

2075

2390

1651 2250

MAX. PAYLOAD LBS

1194

1374

1374

1667

718

694

1410

1494

3500 1259

RANGE - SEATS FULL N.M.

1626

1891

1891

1991

1070

1380

1736

1792

3833 1651

MAX. RANGE N.M. (4 PAX)

3810

3440

3440

3350

3380

3250

3900

3874

4230 3500

BALANCED FIELD LENGTH FT.

4645

4203

4203

3978

3683

4125

4195

4182

728 3833

LANDING DIST. (FACTORED) FT.

4120

4478

4478

3858

3010

3698

4740

4620

430 4230

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

1004

1090

1090

1248

870

1075

1440

1400

430 728

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

413

417

417

454

340

404

430

430

372 430

413

417

417

454

340

379

430

430

430 JT15D-5D

NORMAL CRUISE SPEED KTAS

351

348

348

380

319

331

372

372

372

L/RANGE CRUISE SPEED KTAS

2

2

2

2

2

2

2

2

2

FJ44-3A-24

FJ44-3A

FJ44-3A

FJ44-4A

PW615F

FJ44-1AP

PW535A

PW535B

JT15D-5D

26

DOOR WIDTH FT.

2

BAGGAGE VOL. INT. CU.FT. BAGGAGE VOL. EXT. CU.FT.

2

MAX. CRUISE SPEED KTAS

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

March 2018 - AVBUYER MAGAZINE

109

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

CIRR US V ISIO N SF 50

OPERATING T SPECIFICATIONS

HON DA A IRCR AFT HA420 HON DAJ ONE ET AVIA TION ECL IPSE 500 ONE AVIA TION TOTA L EC LIPS E 50 ONE 0 AVIA TION ECL IPSE 550

AircraftPer&SpecMarch18.qxp_PerfspecDecember06 21/02/2018 11:36 Page 4

$673.74

$1,033.66

$1,016.52

$1,016.52

$1,497.97

$1,017.03

$884.05

$885.95

$850.02

CABIN HEIGHT FT.

4.07

4.92

4.94

4.94

4.92

4.80

4.16

4.16

4.16

CABIN WIDTH FT.

5.08

5.08

5.08

5.08

5.08

5.00

4.66

4.66

4.66

CABIN LENGTH FT.

11.48

11.00

11.00

11.00

17.17

12.10

7.60

7.60

7.60

CABIN VOLUME CU.FT.

170

212

212

212

324

-

109

109

109

DOOR HEIGHT FT.

4.12

4.86

4.86

-

4.86

4.80

3.90

3.90

3.90

DOOR WIDTH FT.

2.05

2.04

2.04

-

2.42

5.00

1.96

1.96

1.96

BAGGAGE VOL. INT. CU.FT.

-

10

10

10

19

-

16

16

16

BAGGAGE VOL. EXT. CU.FT.

24

60

60

60

66

66

-

-

-

CREW #

1

1

1

1

2

1

1

1

1

SEATS - EXECUTIVE #

4

5

5

5

7

5

3

3

3

MTOW LBS

6000

10472

10582

10582

17968

10600

6000

6000

6000

MLW LBS

5550

9766

9877

9877

16865

9860

5600

5600

5600

B.O.W. W/CREW LBS

3700

7132

7220

7220

11783

7279

3834

3834

3834

USEABLE FUEL LBS

2000

2804

2804

2804

5353

2845

1698

1698

1698

PAYLOAD WITH FULL FUEL LBS

340

580

602

602

942

556

502

502

502

MAX. PAYLOAD LBS

1200

1312

1334

1334

2216

1521

1088

1088

1088

RANGE - SEATS FULL N.M.

796

915

917

1178

1811

792

574

574

574

MAX. RANGE N.M. (4 PAX)

1176

1242

1233

1210

2077

1188

964

964

964

-

4376

4466

4466

3643

-

2898

2898

2898

LANDING DIST. (FACTORED) FT.

5024

4068

4110

4110

3700

-

5173

5173

5173

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

2099

3061

3061

-

3335

3990

2575

2575

2575

-

702

702

-

1044

1037

780

780

780

MAX. CRUISE SPEED KTAS

300

390

390

406

444

422

371

371

371

NORMAL CRUISE SPEED KTAS

295

371

371

333

430

422

369

369

369

L/RANGE CRUISE SPEED KTAS

240

333

333

-

383

356

330

330

330

1

2

2

2

2

2

2

2

2

FJ33-5A

PW617F-E

PW617F-E

PW617F1-E

PW535E

HF120

PW610F-A

PW610F-A

PW610F-A

VARIABLE COST PER HOUR $

BALANCED FIELD LENGTH FT.

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

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.

110

AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Aircraft Index see Page 145

T

P111.qxp 22/02/2018 11:09 Page 1

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March 2018 – AVBUYER MAGAZINE

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Community News MARCH18.qxp_Layout 1 21/02/2018 11:43 Page 1

COMMUNITY NEWS T REVIEW

OEM Bites

Airbus Helicopters delivered 409 rotorcraft and logged gross orders for 350 helicopters (net: 335) last year, with a strong commercial performance on the heavy and super-medium segments. The company booked 54 orders for helicopters of the Super Puma family and 19 orders for the super-medium H175, confirming those types as best-sellers in their respective market segments.

Gulfstream G500 Final Testing Series Gulfstream’s G500 is entering the final stage of its flight test and certification program, while the G600 recently completed company field performance testing. avannah, Georgia-based Gulfstream reports that it has gone beyond what the FAA requires for certification by flying a fully outfitted production G500 more than 400 hours.

S

The aircraft is currently on a world tour to demonstrate its cutting-edge design to customers.

“Both programs remain on track and are methodically moving toward their respective type certifications,” said Mark Burns, president, Gulfstream. “The five aircraft in each program continue to exceed our expectations. Given the recent announcement about our range increases, this is pretty remarkable, even for Gulfstream.”

…Last G450 Delivered

Meanwhile, delivery of the final Gulfstream G450 was made in preparation for delivery of the first Gulfstream G500s.

“For the past 12 years, the G450 has been one of the best-selling business jets in the industry, beloved by pilots and passengers alike for its technological advances, smooth handling, impressive range and unsurpassed passenger comfort,” reflected Burns.

More information from www.gulfstream.com

114

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More information from www.airbus.com/helicopters

Bell Helicopter commercial deliveries climbed 15.8% last year as the company ramped up shipments of the new Bell 505 Jet Ranger X light single.

Overall, Bell delivered more than 132 helicopters to customers in 2017. This compares to 114 helicopters in 2016.

More information from www.bellhelicopter.com

Bombardier announced that "The Masterpiece", the fifth and final test vehicle in the Global 7000 flight test program, successfully completed its first flight, setting the stage for the program's entry-into-service in the second half of this year. The company says that FTV5 will validate tests completed to date, ensuring a smooth entry-into-service for the Global 7000 aircraft.

More information from www.businessaircraft.bombardier.com



Aircraft Index see Page 145

Wright Brothers May.qxp_Layout 1 18/12/2017 11:56 Page 1

Community News MARCH18.qxp_Layout 1 21/02/2018 11:45 Page 2

COMMUNITY NEWS T REVIEW

OEM Bites

Daher announced a “very satisfactory” 2017. For the third consecutive year, Daher had a turnover of more than one billion euros, reaching nearly 1.1bn for all its industry and services activities, an increase of 3.7% from 2016. Last year was marked by growth in all Daher activities, particularly aircraft manufacturing with 57 TBM very fast turboprop aircraft ordered, the second best commercial year in the aircraft’s history.

More information from www.daher.com

Textron Bizjet Deliveries Up, King Airs Down Deliveries at Textron Aviation were mixed in 2017, with jets up slightly while King Airs fell nearly 19% from 2016…

I

n 2017, Textron delivered 180 Citations, up six from 2016, and 86 King Airs, 20 fewer than in the previous year. During Q4, jet deliveries were flat Year-over-Year at 58, while King Airs had a small rally, climbing by three aircraft, to 31.

Revenues and profits at Textron Aviation decreased in both Q4 and for the full year. In Q4, revenues slid 3% from a year ago, to $1.4bn, while profits sunk $15m, to $120m. For the full year, the division recorded $4.686bn in revenues and $303m in profits, down from $4.921bn

and $389m, respectively, in 2016.

On a more positive note, order intake improved at Textron in H2 2017, chairman and CEO Scott Donnelly stated during an earnings call. He also noted the strengthening global economy, increasing customer inquiries, US tax reform, and a weaker US dollar as positives for the aviation division, which he forecasts will see revenues of $5bn this year.

Textron Aviation’s backlog at the end of Q4 2017 stood at $1.2bn, up $15m from the end of Q3. (Words courtesy of AIN)

anywhere, everywhere - on pc, smartphone and tablet.

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More information from www.epicaircraft.com

More information from: www.txtav.com

The BEST AIRCRAFT FOR SALE SEARCH

116

Epic Aircraft flew the second and final production conforming prototype of the all-composite single-engine E1000 turboprop, positioning the aircraft for FAA certification followed by an anticipated first delivery by the end of Q3 2018.

www.AVBUYER.com

Honda Aircraft’s Chinese dealer Honsan General Aviation (HondaJet China) has held the grand opening ceremony for its operation, housed in a new multimillion-dollar FBO complex at Guangzhou Baiyun International Airport. HondaJet is hopeful it will receive certification in China by the end of 2018, faster than earlier forecast.

More information from www.hondajet.com  Aircraft Index see Page 145

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16th JUNE 2018 h t 14

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/AeroExpoUK

@aeroexpo_uk

Community News MARCH18.qxp_Layout 1 21/02/2018 11:48 Page 3

COMMUNITY NEWS T REVIEW

OEM Bites

Kopter is the new name of Marenco Swisshelicopter (MSH). During an inauguration event held at its recently completed corporate/engineering facility, the company’s CEO, Andreas Loewenstein, introduced Kopter to customers, suppliers, partners and staff.

More information from www.marenco-swisshelicopter.ch

Terrafugia Acquired by Chinese Group China’s Zhehjiang Geely Holding Group, the owner of car manufacturers Lotus and Volvo, has finally completed its acquisition of flying car-aircraft developer Terrafugia.

W

ith Geely’s financial strength, the Massachusetts-based, enterprise intends to deliver its first Transition flying car in 2019, following on in 2023 with the electric vertical-takeoff-andlanding (eVTOL) TF-X. A proof-of-concept aircraft flew in 2009 and the prototype Transition followed in

More information from: www.terrafugia.com

anywhere, everywhere - on pc, smartphone and tablet.

ONLINE I PRINT I BROADCAST I EVENTS

AVBUYER MAGAZINE – March 2018

More information from www.pilatus-aircraft.com

2013. In 2016, the FAA granted Terrafugia an exemption to the weight limit on light sport aircraft, clearing the path to production.

Former managing director at Bell Helicopter China, Chris Jaran, becomes Terrafugia’s CEO, with founder Carl Dietrich as chief technology officer.

The BEST AIRCRAFT FOR SALE SEARCH

118

Pilatus delivered first production PC-24 twin jet to US customer PlaneSense.

The aircraft is the first of six PC-24s which PlaneSense has on order with Pilatus. George Antoniadis, PlaneSense founder, president and CEO, stated “We…are excited to add this versatile and unique jet to the PlaneSense fleet.”

www.AVBUYER.com

Schweizer RSG, a newly formed company affiliated with Rotorcraft Services Group in Fort Worth, Texas, plans to restart production of the Schweizer 300 by the end of the year after purchasing the product line from Sikorsky. The new enterprise is headed

by David Horton, a former Schweizer general manager.

More information from www.rotorcraftservices.com 

Aircraft Index see Page 145

REGISTER FOR THE PREMIER BUSINESS AVIATION EVENT IN EUROPE Join European business leaders, government officials, manufacturers, flight department personnel and all those involved in business aviation for the European Business Aviation Convention & Exhibition (EBACE2018). Visit the EBACE website to learn more and register today.

REGISTER TODAY: www.ebace.aero

Community News MARCH18.qxp_Layout 1 21/02/2018 15:02 Page 4

COMMUNITY NEWS T PEOPLE

president and general manager at Gulfstream’s service and completions facilities in Appleton, Wisconsin.

Mark Baker, AOPA president and

Ashley Bowen Cook

CEO was among a distinguished group of aviators inducted into the Living Legends of Aviation recently.

Baker was recognized for his passion for aviation, his willingness to share it with others and for his leadership in supporting GA causes.

Ashley Bowen Cook was named

vice chair of the Wichita Aero Club (WAC) Executive Committee. Cook is vice president and brand director at Greteman Group.

Robert Brega joined Traxxall Bruno Even

Technologies as regional sales director for the U.S. Northeast.

Robert E. Breiling, the

pre-eminent Business Aviation safety data expert, recently died aged 88.

Breiling, a former NBAA director, served on the association’s board of directors from 1973-1980. He also served on the association’s Safety Committee, and, starting in 1979, helped NBAA staff conduct a series of operations manual workshops.

Saskia de Jong has been proAlan Hung

moted to the senior leadership team at the Business Aviation technology company Avinode, as director of sales, Americas.

Bruno Even has been appointed CEO, Airbus Helicopters effective April 1. He comes to Airbus from Safran, where he was CEO of the Helicopter Engines business.

Jim Facette stepped down from his

Duncan Jones

role as President and CEO of the Canadian Business Aviation Association. Rudy Toering has accepted the role of Interim President and CEO as the search begins for a successor.

Alan Hung becomes director of

business development at Asian Sky Group. Hung will be responsible for Greater China and APAC.

Duncan Jones joins Elliott Jets as

Keith Plumb

120

Executive Sales Director. Jones formerly was founder of Aircraft Intelligence and also has served as an aircraft sales manager for Atlantic Aero and Columbia Aircraft Manufacturing.

AVBUYER MAGAZINE – March 2018

Scott McFadzean is the new CEO

of Diamond Aircraft’s Canadian operations. Peter Maurer, the former CEO, retired and moves into a global strategy role within the company.

BizAv Events Brian Barents

Ron Aldrich has been named vice

Hitoshi Moriguchi is promoted to vice president, production at Quest Aircraft. Moriguchi will continue to serve as executive vice president and as a board member.

Bryan Moss, former Gulfstream president, joins the board of directors at Aerion.

Sean O’Leary is appointed Sales

Director at Jetcraft’s newly opened London office. The appointment of four senior sales posts from within the team, including O’Leary go to Pat Harvey, Sales Director, North Central United States and Canada; Chris Brenner, Senior Vice President, Sales, Americas; and Pascal Bachmann, Senior Vice President, Sales, EMEA.

Keith Plumb, co-founder, presi-

dent and CEO of Executive AirShare, is leaving the company. He will remain CEO during a leadership transition, and until a new CEO is appointed. CFO John Owen will serve as interim president.

Kenn Ricci, chairman of Constant Aviation, was recently honored as the Living Legends of Aviation renamed its annual award for lifetime accomplishments in aviation entrepreneurship the Kenn Ricci Lifetime Aviation Entrepreneur Award.

Matt Rosanvallon has been

appointed as sales director, at Guardian Jet, the Guilford, Connecticut-based Business Aviation consulting and brokerage firm. Rosanvallon brings exceptional sales background and experience to his position, in which he’ll be responsible for building and maintaining the company’s presence in the New York region.

Chris Young is named director of

safety solutions at Baldwin Aviation.

Young has 25 years of aviation and leadership experience, and is a member of the United States Helicopter Safety Team. www.AVBUYER.com

Brian Barents, executive chairman and CEO of Aerion Corporation, will be the Keynote Speaker at the 8th annual JETNET iQ Global Business Aviation Summit in White Plains, New York, June 19-20, 2018. The Summit will once again coincide with the NBAA Regional Forum at Westchester County Airport (HPN) in White Plains, NY on Thursday, June 21, 2018.

Sun’n’Fun Int’l Fly-In Expo Apr 10 – 15, Lakeland, FL, USA www.sun-n-fun.org ABACE 2018 Apr 17 – 19, Shanghai, China www.abace.aero Aero Friedrichschafen Apr 18 - 21, Friedrichschafen, Germany www.aero-expo.com AEA: Europe Connect Conference Apr 24 – 25, Prague, Czech Republic www.aea.net NARA: Annual Spring Meeting Apr 25 - 27, Scottsdale, AZ, USA www.naraaircraft.com NBAA: Maintenance Conferance May 1 – 3, Albuquerque, NM, USA www.nbaa.org Business Aviation Safety Summit May 10 - 11, Chicago, IL, USA www.flightsafety.org NBAA: Business Aviation Taxes Seminar May 10 - 11, Dallas, TX, USA www.nbaa.org The Elite London May 11-12, Wycombe Air Park, Bucks, UK www.theeliteevents.com NAFA: Conference May 16 – 18, Coronado Island, CA, USA www.nafa.aero HeliRussia May 24 - 26, Moscow, Russia www.helirussia.ru EBACE: Int’l Aircraft Transactions May 28, Geneva, Switzerland www.nbaa.org/www.ebace.aero EBACE: (European Bus. Av. Convention) May 29 – 31, Geneva, Switzerland T www.nbaa.org/www.ebace.aero Aircraft Index see Page 145

Products & Services March.qxp_Layout 1 22/02/2018 14:28 Page 1

PRODUCTS & SERVICES Wijet Upgrades Fleet with the HondaJet

Honda Aircraft Company and Wijet, a provider of air taxi service currently operating 15 business jets throughout Europe, signed a Memorandum of Understanding (MoU) last month for multiple HondaJets to upgrade the Wijet fleet.

Wijet is the first French air taxi company to offer travel to about 1,200 airports throughout Europe and North Africa.

The MoU follows Honda Aircraft’s recent announcements of being the most-delivered jet in its category for the first half of 2017 and several speed records in its class. Wijet is expected to take delivery of its first HondaJet during the first quarter of 2018 with more to follow.

The HondaJet is currently EASA certified (European Aviation Safety Agency), FAA (Federal Aviation Administration), Mexico, Canada and Brazil. www.hondajet.com

Aero-Dienst, celebrated the opening of their new line station at Klagenfurt airport. This is a new step for the company towards extending its service network for various aircraft models manufactured by Bombardier, Dassault and Textron. In Klagenfurt, Aero-Dienst’s technicians carry out scheduled maintenance, warranty repairs in addition to unscheduled maintenance work.

André Ebach, head of maintenance at Aero-Dienst, Nuremberg, adds: “Opening a new line station underlines the importance of the Austrian market, centrally located as it is for our service network.” www.aero-dienst.de ARGUS International, recently announced the launch of the Operational Excellence Program (OEP) for business aviation flight departments that are currently IS-BAO Stage 3 registered.

Developed in response to interest from IS-BAO Stage 3 registered flight departments, the Operational Excellence Program will expand and enhance the overall management processes for participating flight departments. OEP was designed to facilitate the collection and sharing of de-identified information amongst its participants. www.argus.aero Avfuel on Upward Trajectory

Avfuel Corporation, the leading US independent supplier of aviation fuel and services experienced a remarkable 2017 with the addition of branded locations.

In total, the company added more than 30 branded FBOs in strategic locations across North America and Europe, including Bohlke International Airways (TSIX) in St. Croix, U.S. Virgin Islands; Westair Aviation (EINN) of Shannon, Ireland; Denver jetCenter (KAPA) of Denver, CO; ACI Jet Advertising Enquiries see Page 4

(KSNA) of Orange County, CA; and Castle & Cooke Aviation in Van Nuys, CA (KVNY), Honolulu, HI (PHNL), and Everett, WA (KPAE). www.avfuel.com

AeroVue Flight Deck Certified for King Airs

BendixKing has received certification for the AeroVue integrated flight deck for King Air B200 aircraft. This is BendixKing’s first supplemental type certificate (STC) for an integrated flight deck and the first in a planned series of aircraft models, company officials report. The new flight deck is available now, and brings business jet technology and functionality to the general aviation cockpit, officials add.

BendixKing’s AeroVue includes three high-resolution 12-inch liquid crystal displays with Honeywell’s SmartView Synthetic Vision System software. The software enhances pilot safety and alertness, especially when flying and landing at night, in bad weather, or at unfamiliar airports, according to company officials. www.bendixking.com

Bombardier Celebrates Singapore Centre

Bombardier Business Aircraft's Singapore service center continues its impressive capability and capacity growth.

Since its opening in February 2014, the Singapore service centre has provided high-quality OEM expertise during more than 2,200 Bombardier Business Aircraft maintenance support visits, including visits for the largest and most complex events of the aircraft lifecycle.

In addition to handling impressive volume, the Singapore service centre has successfully completed heavy maintenance inspections including 96- and 192-month inspections on Challenger aircraft, as well as 120- and first-ever 240-month inspections on Global aircraft. The facility also performed the firstever installation of Ka-band, the fastest worldwide* high-speed in-flight internet connectivity, on a Global business jet, returning the aircraft into service in a timely, value-added fashion for the customer, the company says. www.businessaircraft.bombardier.com

FlightSafety’s G500 Sim gets FAA Nod

FlightSafety International’s first Gulfstream G500 fullflight simulator, housed at its Savannah, Georgia learning center, has received interim FAA level-C qualification, the aviation training

www.AVBUYER.com

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PRODUCTS & SERVICES company announced recently. A second simulator that is interchangeable between the G500 and G600 will be qualified following certification of the G500, which is expected in the first quarter.

Pilot and maintenance technician training will then begin using both of these simulators at FlightSafety’s Savannah center.

Notably, these are the first business jet simulators equipped with FlightSafety’s CrewView collimated glass mirror display, which provides better optical performance with greater clarity, sharpness, and brightness. www.flightsafety.com

GOGO Guide to Wi-Fi

Gogo says that adding inflight Wi-Fi to your aircraft comes with a lot of benefits - like staying on top of work, keeping in touch with family. What you may not know is how simple getting Wi-Fi is.

Gogo can show you how to outfit your aircraft with inflight Wi-Fi in as few as 5 steps.

They can also answer questions such as these: • How do I know which Wi-Fi system is right for me?

• Who does the installation and how does it work?

• How much will downtime and hourly rates cost me?

The company say they will provide fast answers with their 5step visual guide to inflight Wi-Fi. With the object of allowing everyone to work, live, play and fly smarter.

In other news...Gogo has received STC and PMA for the Gogo AVANCE L3 system from the FAA. AVANCE L3 is a new inflight connectivity system that delivers the benefits of the Gogo AVANCE platform to passengers and flight departments in a small, lightweight form factor, with the most affordable pricing options in business aviation (with hourly and monthly plans available).

The AVANCE platform lets users adjust their service level on AVANCE L3 remotely, meaning no one has to get on board the aircraft to make adjustments to the system customers simply contact Gogo with their request and Gogo does the rest. It allows users to customize their inflight experience based on their unique needs. L3 can be installed on business aircraft of all types, sizes and ages, but is an ideal solution for smaller aircraft including turboprops and light jets. www.gogoair.com

Jetcraft Opens First London Office

Jetcraft, a global leader in business aircraft sales and acquisitions, announced recently the opening of its first London office through its new UK company, Jetcraft Global (UK) Limited.

Chad Anderson, President at Jetcraft, says: “The opening of our London office comes as Jetcraft celebrates another record year, with 93 transactions completed in 2017, and rounds off a remarkable decade of more than 550 transactions exceeding $10bn in value”.

Jetcraft’s new office comes at a time of significant growth in resources for the company, with the appointment of four senior sales posts from within the team, including Sean O’Leary, who will take on the role of sales director based in the new London office.

Additional promotions go to Pat Harvey, sales director, North Central United States and Canada; Chris Brenner, senior vice president of sales, Americas; and Pascal Bachmann, senior vice 122

AVBUYER MAGAZINE – March 2018

president of sales, EMEA. The new office will provide a central London location to add to the company’s existing global presence. Since the company began, Jetcraft has expanded across the US and into Europe, Australia, Latin America, Middle East, Asia, and Africa, and now boasts more than 20 offices around the Globe. www.jetcraft.com

JETNET Unveils New Client Market Reports

JETNET, celebrating its 30th anniversary as the leading provider of corporate aviation information, has announced the release of the most comprehensive set of market reports available in the industry.

The new Market Report format, designed with inputs from a team of JETNET customers, provides approximately 20 pages of model intelligence, including model specifications, range maps, fleet composition, market characteristics and insight, buying habits, and sales trends. Complete with a function to incorporate client headers and logos, the Market Report format is designed for both novice and sophisticated customers.

“This new Market Report capability puts professional, customized reports in the hands of our clients,” said Mike Foye, JETNET director of marketing, “which means, they can select from a wide range of datasets to satisfy what their clients need, in a clear, concise, readable format for easier decision-making.”

Interested parties may contact their JETNET representative or Mike Foye for a sample Market Report, or a demonstration of the new Market Reports capabilities. www.jetnet.com

Gulfstream Product Support Events 2018

Gulfstream will host a number of product support events in 2018, including its biennial weeklong Operators & Suppliers Conference, two Customer Advisory Board meetings, two flight operations forums and 11 operators forums.

“Listening to our customers has always been paramount to our goal of creating and delivering the world’s finest aviation experience,” said Derek Zimmerman, president, Gulfstream Product Support. “ Every one of these events provides an opportunity for us to engage with customers, get their input, provide them with information and discuss a host of topics relevant to the continued efficient, safe and reliable operation of their aircraft.”

The highlight of the year’s events is the Operators & Suppliers Conference, which will take place June 3-7 at the Savannah International Trade & Convention Center. The event, which drew more than 2,000 customers and suppliers in 2016, focuses on safety, operational issues and technical updates. An extensive exhibit of support services from Gulfstream and its supplier network will also be on display. www.gulfstream.com

www.AVBUYER.com

Aircraft Index see Page 145

Products & Services March.qxp_Layout 1 22/02/2018 14:28 Page 3

PRODUCTS & SERVICES Boutsen Aviation Closed on 17 Sales in 2017

A very satisfying year-end for the Boutsen broker team was the final and long-awaited sale close for Global XRS #9339 as well as the close on Falcon 7X #076. Both transactions culminated in a total of 17 total aircraft sold over the course of 2017. “The numbers could not have lined up better”, the company says.

The sales momentum carried over to the New Year, and during the course of January a total of 5 aircraft went into deal pending, including 1 turboprop, 2 jets, and 2 helicopters.

Adding to the feel-good positivity at Boutsen, a further four aircraft were added to their listings, the first is a 2009 Citation Mustang (MSN 510-0182), and the second is a 2010 Gulfstream G550 (MSN 5292). They were then joined by twin Falcon 7X, (MSN 136 and MSN 112). www.boutsen.com

TAG Farnborough Bizav Traffic Up 7%

TAG Farnborough Airport is experiencing“record growth,” based on movement numbers for January and a healthy increase in traffic last year, to 27,000 movements, reaching levels not surpassed since 2007. Last month saw a 17.9 percent year-over-year increase in overall business aircraft traffic and a 35 percent increase in bizliner movements.

“It’s quite a remarkable story,” said TAG Farnborough Airport CEO Brandon O’Reilly. “We saw 7% movement growth in 2017 compared to 2016, driven by a number of factors. First is Brexit.

People are looking for opportunities, and some see Brexit as an opportunity. Secondly, RAF Northolt [near Heathrow Airport] occasionally closes for work and is due to close again.

This can drive more traffic to us. Finally, commercial aviation ultimately squeezes out Bizav. Over time we believe business aviation will migrate to airports focused on bizav." www.farnborough.com

Jetex Unveils Plans for First U.S. Private Terminal

Jetex Flight Support announced the launch of its first branded private terminal in the United States at California’s San Bernardino International Airport (SBD/KSBD). The new agreement will see the company deliver the world-class aviation services for which it is renowned at the Luxivair SBD terminal, the only facility of its kind at the airport.

Passengers will benefit from on-site U.S. Customs officials, helping international flights avoid some of Southern California’s most congested airspace by providing an alternative point of entry Advertising Enquiries see Page 4

to LAX, Palm Springs International and Van Nuys. Luxivair SBD boasts convenient access to many of Southern California’s top attractions, most of which are located within a one-hour drive from the airport.

Jetex CEO and President Adel Mardini said “Luxivair SBD is a truly outstanding facility, and fully in keeping with the exceptional standards of luxury the Jetex name has become synonymous with.

It is a logical choice for us to partner with Luxivair to launch our first private terminal in North America, which joins our state-of-theart operations center in Miami to provide coast-to-coast presence.

This is set to be the first of many openings, as we continue to develop our network both within the United States and on a global scale.” www.jetex.com

Comlux does First Digital Maintenance on Hyundai’s BBJ

Comlux Completion‘s Indianapolis-based service center has successfully performed its first Digital Maintenance inspection on the Hyundai Motor Company's BBJ. The Digital Maintenance process allows that all task cards and parts tracking efforts are performed electronically using wireless tablets and bar code scanners, instead of using paper task cards and boards.

Documentation can now be directly entered into the system via hand- held devices rather than at an off-aircraft computer workstation thus allowing technicians to stay on task at the aircraft.

The Supervisors can assign tasks electronically and have a realtime live view of work progression. On the Project Management side, the Purchase Orders for parts and services can also be viewed real time against the specific maintenance tasks that required them for instantaneous reporting. This enhances the client experience during the event, as real time digital reporting enables seamless oversight throughout the maintenance event. www.comlux.com

Conklin & de Decker, has announced LIFE CYCLE COST 18.1 is now available. The most innovative and comprehensive aircraft budget & financial analysis tool in the industry, LIFE CYCLE COST (LCC) provides aircraft owners, operators, flight department managers, and aircraft consultants with independently researched ownership and operating cost data for more than 460 jet, turboprop, helicopter and piston aircraft.

LIFE CYCLE COST 18.1 contains updated inspection data and labor man hours per flight hour rate for all jet and turboprop engine GMP costs and all fixed costs. This release also includes thousands of updated aircraft cost points that cover fuel costs, crew salaries, overhauls, and retirement items to ensure that every financial analysis and/or budget report has the most up to date and accurate information. In keeping with the new Bonus Depreciation/100% expensing option for new and pre-owned aircraft, LCC 18.1 also has updated depreciation data. In addition, costs for the Sikorsky S70i Blackhawk have been revised. www.conklindd.com

www.AVBUYER.com

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JetNet March.qxp_Layout 1 20/02/2018 11:35 Page 1

IGNITING IDEAS.

PROVOKING CHANGE.

8TH ANNUAL JETNET iQ GLOBAL BUSINESS AVIATION SUMMIT NEW SEASON. NEW VENUE. NEW DATE. June 19-20 | The Ritz-Carlton New York, Westchester Three Renaissance Square, White Plains, NY Registration: jetnet.com/summit Join us this June in White Plains. 2018 Summit speakers and panelists will represent a virtual “Who’s Who” of business aviation—experts with unique perspectives on the industry’s present and future. Share the room BOE BTL RVFTUJPOT PG HMPCBM MFBEFST BOE TIBSQFO ZPVS mSN T DPNQFUJUJWF edge with accurate and timely predictions. Register now online.

2018 Keynote Speaker: Brian E. Barents, Executive Chairman and CEO of Aerion Corporation; former President and CEO of Learjet and Galaxy Aerospace

The World Leader in Aviation Market Intelligence 800.553.8638 +1.315.797.4420 +41 (0) 43.243.7056 jetnet.com

CAAP January.qxp 21/02/2018 09:47 Page 1

S H O W C A S E

2009 Gulfstream G450 Serial Number: Registration: Airframe TT: Landings:

4152 N608D 2,577 1,780

Airframe C of A Date: January 26, 2009. In-service Date (Gulfstream New Aircraft Warranty Start Date): August 2009. 96-month Inspection C/W September 2017 at Gulfstream Savannah Engines Rolls Royce Tay 611-8C Engines enrolled in Rolls Royce Corporate Care Engine #1: S/N 85309, TSN 2577, CSN 1780 Engine #2: S/N 85308, TSN 2577, CSN 1780 APU Honeywell GTCP36-150 APU enrolled in Honeywell MSP APU S/N P-267, TSN 1,296 hrs Avionics & Communications Honeywell Primus Epic PlaneView Cockpit with Certification Foxtrot Honeywell/Kollsman VGS Visual Guidance System (HUD/EVS) Enhanced Navigation, CPDLC & FANS 1/A ADS-B Out Honeywell GP-500 Flight Guidance Panel Enhanced GPWS with Windshear Detection Triple Honeywell AZ-200 Air Data Modules Triple Honeywell AV-900 Audio Panels Honeywell MT-860 NAV/COMM Cabinet Dual Honeywell RT-300 Radio Altimeter Triple Honeywell NZ-2000 FMS, software version 7.1.2

Triple Honeywell LASEREF V IRS L3 FDR Flight Data Recorder L3 CVR Cockpit Voice Recorder Dual 24-Channel Global Positioning System Honeywell TCAS-2000 TCAS w/ 7.1 Honeywell LSZ-860 Lightning Detector Aircell Telephone with four handsets Dual Honeywell MRC-855C Modular Radio Cabinet Triple Honeywell MAU-913 Modular Avionics Unit Airborne Flight Information System (AFIS) with SATCOM link RVSM, 8.33 spacing, FM immunity Exterior Overall Matterhorn White with light blue and silver accent striping by Gulfstream Savannah, 2009 Interior Aft galley 14-passenger “Universal” interior • Forward Cabin 4-place club group • Mid Cabin 4-place divan opposite 2-place club group • Aft Cabin 4-place conference/dining group opposite credenza Forward (auxiliary) and aft (full-size) lavatories Aft galley with microwave, convection oven, and dual coffee makers 30-gallon pressurized water system Two LCD flat screen monitors: 20” monitor on fwd bulkhead; 17” above credenza Six 7” monitors: one at each forward club seat and one in crew compartment Two 110V electrical outlets in cockpit, 12 in cabin/galley/lav Asking price is $14,500,000

Corporate Aviation Analysis & Planning Inc 97 Village Lane, Suite 100, Colleyville, TX 76034, USA Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 817 428 9200 Fax: +1 817 428 9201

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Jetsense Aviation Beechcraft 1900D February.qxp_Empyrean 21/02/2018 09:48 Page 1

S H O W C A S E

Asking price of $1,850,000 USD 1995 Beechcraft 1900D Serial Number: Registration: Airframe TT: Landings: Engines PT6A-67D Position: TTSN: TCSN: TSO: TCSO: HSI Due

UE-132 ZS-SNK 29,260.3 38,927

LEFT ENGINE PCE-114037 35,159.3 Hours 45,396 Cycles 3314.2 Hours 3357 Cycles 3883.30 TSO

RIGHT ENGINE PCE-114150 34,788.7 Hours 46,612 Cycles 3390.6 Hours 3440 Cycles 3959.6 TSO

Propellers: HC-E4A-3 LEFT S/N: HJ-1739 TTSN: 36,972.0 TBO (4000) 733.2 LOD 24 Mar 2015 Hours Remaining 3266.8 Next Due 23 Mar 2021

RIGHT HJ-1980 14,341.0 661.6 10 Apr 2015 3338.4 9 Apr 2021

Landing Gear Last Overhaul Date: Last Overhaul Cyc: Next Due Date: Next Due Cyc:

LEFT+RIGHT 16 May 2013 38391 Cyc 16 May 2018 48391 Cyc

NOSE 19 Sept 2013 38391 Cyc 19 Sept 2013 48391 Cyc

Avionics TYPE OF UNIT COMM 1 & 2 NAV 1 & 2 Flight Director Yaw Damper GPS #1 GPS #2 ADF DME Weather Radar Transponders TCAS ELT TAWS FDR CVR ADAS Data Avionics INSPECTION 1st 200 Hour 2nd 200 Hour 3rd 200 Hour 4th 200 Hour 5th 200 Hour 6th 200 Hour Interval 1-6 Detailed Insp

QUANTITY 2 2 2 2 1 1 1 2 1 2 1 2 1 1 1 1

UNIT Collins VHF-22A Collins VIT-32 Collins 84 Collins FYD-65 Garmin GPS 165 Garmin GPS 165 Collind ADF-462 Collins DME-42 Collins WXT-250 TDR 94D Mode S ACSS TCAS-II change 7 Kannad 406 Sandel 3400 L-3 S703-1000-00 FA 2100 Altair ADAS

COMPLETED 28,743.8 28,941.2 29,139.5 29,260.3 29,260.3 29,260.3

DUE 29,460.3 29,660.3 29,860.3 30,060.3 30,260.3 30,460.3

29 Sep 2017 29 Sep 2019

Jet Sense Aviation, LLC Contact: Brett Forrester Contact: Pat Mitchell 550 N. Rand Road, Lake Zurich, Illinois 60047

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AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Tel: +1 (847) 550 4660 Email: brett@jetsenseaviation.com Email: pat@jetsenseaviation.com www.jetsenseaviation.com Aircraft Index see Page 145

Jetsense Aviation Citation Falcon 50 March.qxp_Empyrean 21/02/2018 09:49 Page 1

S H O W C A S E

Priced at $1,295,000 USD 1989 Falcon 50 Serial Number: Registration: Airframe TT: Landings:

0188 N188FJ 6310 4600

 6,310 Hours TTAF (One Of The Lowest Time Falcon 50’s On The Market)  Landing Gear Overhaul Complied With July 2011, Next Due July 2023  1C, 2C, & 4C Complied With In July 2013

by West Star Aviation  Part 135 Operated and Maintained  Beautiful Paint And Interior  5-Screen Collins ProLine II  Fresh Prebuy Airframe Maintenance Tracking Enrolled on CAMP Engines Honeywell TFE731-3-1C Position: 1 2 S/N: P76652 P76640 THSN: 6310 Hours 6310 Hours TCSO: 4600 Cycles 4600 Cycles TSO: 3974 Hours 3983 Hours TSHO: 1160 Hours 1160 Hours Program: MSP Gold MSP Gold Position: 3 S/N: P76655 THSN: 6040 Hours TCSO: 4413 Cycles TSO: 2294 Hours TSHO: 940 Hours Program: MSP Gold

APU Description Honeywell GTCP36-100(A) Serial Number P-296 Total Time Since New 3793Hours Avionics COLLINS PROLINE II SUITE Autopilot / Flight Director 2 Collins APS-85 Air Data Computers 2 Collins ADS-82 Cockpit Voice Recorder 1 Fairchild A100A Cockpit Displays 5 Collins EFIS-86C-14 Flight Management System 2 Global GNS-XLS w/GPS (approach certified) Global Positioning System 2 GNS-XLS Transponder 2 Allied Signal MST-67A w/Mode S VHF Communication 2 Collins VHF-22B w/8.33 spacing Radar Altimeter 1 Collins ALT-55B Navigation Radio 2 Collins VIR-32 w/FM immunity Traffic Collision Avoidance System 1 Allied Signal TCAS-II w/change 7 General Specifications Seating 2/9 Baggage (CuFt Ext/Int) 90 / 25 Cabin Height (Ft) 5’10” Cabin Width (Ft) 6’1” Cabin Volume (CuFt) 833.92 Interior Galley Location - Forward with microwave, coffee maker, and oven Lavatory Location - Aft (Belted) Exterior Base Paint Color(s) - Matterhorn White Stripe Color(s) - Gold and Green

Jet Sense Aviation, LLC Contact: Brett Forrester Contact: Pat Mitchell 550 N. Rand Road, Lake Zurich, Illinois 60047 Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 (847) 550 4660 Email: brett@jetsenseaviation.com Email: pat@jetsenseaviation.com www.jetsenseaviation.com March 2018 – AVBUYER MAGAZINE

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Jetsense Aviation Hawker 800XP February.qxp_Empyrean 21/02/2018 09:50 Page 1

S H O W C A S E

2000 Hawker 800XP Serial Number: Registration: Airframe TT: Landings:

258484 N84UP 11,853 7,107

 Honeywell FMZ 2000 FMS with 6.1 with WAAS/LPV  Fresh Pre-buy at West Star—Chattanooga  48 Month (G) Inspection Due 09/2020  Landing Gear Overhaul Due 06/2023  GoGo Inflight WiFi (ATG 5000)  One U.S. Owner  SATCOM  TCAS II Engines LEFT ENGINE TFE731-5BR P-107510 11715 Hours 6985 Cycles MSP

RIGHT ENGINE TFE731-5BR P-107498 11715 Hours 6985 Cycles MSP

S/N: THSN: TCSN: Program: APU Honeywell GTCP36-150(W) (P-560) THSN: 4750 TCSN: 7245 Avionics HONEYWELL SPZ 8000 EFIS Honeywell ED-800 FMS Honeywell FMZ 2000 FMS with 6.1 TCAS TCAS II ADC Honeywell AZ-810 Air Data System NAV Honeywell RNZ-850 NAV/ADF/DME VHF COM Honeywell KTR-953 HF Radios

WEATHER RADAR Honeywell WU-880 RADIO ALTIMETER Honeywell AA-300 GPS Honeywell HG2012 GPWS Allied Signal Mark VII ELT Artex C406-2 w/ Nav Interface AUTOPILOT Honeywell FZ-800 Flight Director CVR Universal CVR-30A General Specifications Seating 2 / 8 Baggage (CuFt Ext/Int) 0 / 48 Cabin Height (Ft) 5’9” Cabin Width (Ft) 6’0” Cabin Volume (CuFt) 736 Seats Full Range (NM) 2,408 Balance Field Length (Ft) 5,499 Landing Distance (Ft) 2,905 Average Block Speed (Kts) 419 Normal Cruise Speed (Kts) 419 Long Range Cruise Speed (Kts) 392 Fuel Usage (Gal/Hr) 281 Service Ceiling (Ft) 41,000 Useful Payload with Fuel (Lbs) 1,706 Max Take Off Weight (Lbs) 28,000 Interior Refurbished in 2014 Stevens Aviation—Greenville, SC The interior was refurbished in December of 2014 and features seating for eight (8) passengers in a double, four-place club configuration plus a belt-ed lav.

Exterior Refurbished in 2009 Standard Aero

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

Jetsense Aviation Hawker 850XP February.qxp_Empyrean 21/02/2018 09:52 Page 1

S H O W C A S E

2006 Hawker 850XP Serial Number: Registration: Airframe TT: Landings:

258752 N752MT 7184.5 4153

 One Corporate Owner Since New  Part 135 Operated & Maintained  Fresh G (48-Mo.) Inspection  Gear Overhauled 2015  Collins ProLine 21  ATG-5000 WiFi  WAAS/LPV Engines Honeywell TFE731-5BR-1H LEFT ENGINE RIGHT ENGINE S/N: P-129157 P-129156 THSN: 7082.9 Hours 7113.8 Hours TCSN: 1145 Cycles 1145 Cycles TSO: 2877.3 2877.3 TSHS: 668.8 699.7 Program: MSP MSP APU Honeywell GTCP36-150(W) S/N: P-872 TTSN: 3728 Hours Program: MSP Avionics Autopilot / Flight Director 2 Collins FGC 3000 Air Data Computers 2 Collins ADC 3000 Attitude and Heading Reference 2 Collins AHC 3000 Cockpit Voice Recorder 1 Universal 120 Flight Data Recorder 1 Honeywell Flight Management System 2 Honeywell FMC

6000 with WAAS/LPV Global Positioning System 2 Collins GPS 4000A Global Proximity Warning System 1 Honeywell MK V EGPWS Transponder 2 Collins TDR-94D Mode S High Frequency Radio 1 Collins HF 9000 Electronic Standby Instruments 1 Meggit MK2 Radar Altimeter 1 Collins ALT 4000 Communication Radio 2 Collins VHF 4000 Navigation Radio 2 1—Collins NAV-4500, 1— Collins NAV-4000 Traffic Collision Avoidance System 1 Collins TTR 4000 General Specifications Seating 2/10 Baggage (CuFt Ext/Int) 0/50 Cabin Height (Ft) 5’9” Cabin Width (Ft) 6’0” Cabin Volume (CuFt) 736 Seats Full Range (NM) 2462 Balance Field Length (Ft) 5,499.98 Landing Distance (Ft) 2,910.05 Average Block Speed (Kts) 419 Normal Cruise Speed (Kts) 419 Long Range Cruise Speed (Kts) 392 Fuel Usage (Gal/Hr) 287 Service Ceiling (Ft) 41,000 Interior Number of Passengers 10 Including Belted Lav Galley Location Forward Lavatory Location Aft (Belted) Exterior Base Paint Color(s) Matterhorn White Stripe Color(s) Yellow and Blue

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 March 2018 – AVBUYER MAGAZINE

129

Sky Aviation Holdings Beech 400A March.qxp 22/02/2018 10:27 Page 1

S H O W C A S E

2002 BeechJet 400A Serial Number: Registration: Airframe TT: Landings:

RK-336 N706LP 4104.53 3289

Interior & Entertainment New Interior January 2018 New LED lighting

Available for immediate sale, please call for price Engines Pratt Whitney JT15D-5 4029.44 Hours SINCE New, 3163 cyc. s/n PCE-JA0449 3897.20 Hours SINCE New, 3059 cyc. s/n PCE-JA0452 415.37 Hours since Overhaul -0449 285.37 Hours since Overhaul -0452 Avionics & Connectivity Collins ProLine 4 Flight Control System • ADF - Dual Collins ADF -462 • Autopilot - Collins Pro Line 4 • Avionics Package - Collins 3-tube / Pro Line 4 • Compass - Dual Collins AHC-85E AHRS • CVR- CVR L3 Comm.

• DME - Dual Collins DME- 442 • EFIS - Collins 3-tube • EGPWS- Honeywell 965-0976-040-208 • FMS - Collins FMS-5000 w/GPS-4000A • Radar Altimeter - Collins ALT-55 • TAWS - EGPWS • TCAS - TCAS-II p/n 822-1294-002

Seven Passengers, Center Club Configuration with Two Foldout Executive Tables. Forward Closet and Refreshment Center with Belted AFT Lav. Paint Rated "9" Aircraft History One owner since new. Midwest based. Operated by corporate flight department. This aircraft had all major inspections at Factory service centers. Impeccable records. All AD'S including horizontal stab completed.

Recent "C" Check at Hawker Beech Tampa

Sky Aviation Holdings LLC Pompano Beach Airport, 751 NE 10th Street, Pompano Beach Florida, 33060, United States

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www.AVBUYER.com

Tel: +1 (954) 246 4133 Cell: +1 (954) 270 3333 www.skyaviationholdings.com

Aircraft Index see Page 145

Sky Aviation Holdings Hawker 400XP March.qxp 22/02/2018 10:34 Page 1

S H O W C A S E

2006 Hawker Beechcraft 400XP Serial Number: Registration: Airframe TT: Landings:

RK-444 N303TC 2875.7 2180

Please call for more information.

No damage history Engines Pratt Whitney JT15D-5 on Vector Eagle Service Plan 3,545 Hours SINCE New, s/n PCE-JA0063 3,545 Hours SINCE New, s/n PCE-JA0064 Engines "0" Hours since overhaul ESP engine plan by Standard Aero Avionics & Connectivity Control System w/ ADS-B Solution Upgraded TDR-94Ds Transponders • ADF - Dual Collins ADF -462 • Autopilot - Collins Pro Line 4 • Avionics Package - Collins 3-tube / Pro Line 4 • Compass - Dual Collins AHC-85E AHRS • CVR- CVR L3 Comm.

• DME - Dual Collins DME-442 • EFIS - Collins 3-tube • Flight Director - Collins 3-tube • EGPWS- Honeywell 965-0976-040-208 • FMS - Collins FMS-5000 w/GPS-4000A • Radar Altimeter - Collins ALT-55 • TAWS - EGPWS • TCAS - TCAS-II p/n 822-1294-002 • TCAS - TCAS-II p/n 822-1294-002

Interior & Entertainment NEW Interior February 2018 New LED Lighting Seven Passengers, Center Club Configuration with Two Foldout Executive Tables. Forward Closet and Refreshment Center with Belted Atf Lav Paint New Paint February 2018 Overall Matterhorn white and Black tail, Gray and Black stripes Aircraft History One owner since new. Midwest based. Operated by corporate flight department. This aircraft had all major inspections at Factory service centers. Impeccable records. All AD'S including horizontal stab completed.

Recent "C" Check at Hawker Beech Tampa

Sky Aviation Holdings LLC Pompano Beach Airport, 751 NE 10th Street, Pompano Beach Florida, 33060, United States Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 (954) 246 4133 Cell: +1 (954) 270 3333 www.skyaviationholdings.com

March 2018 – AVBUYER MAGAZINE

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Mente March.qxp 20/02/2018 10:03 Page 1

S H O W C A S E

2011 Challenger 300

E-mail: info@mentegroup.com Tel: + 1 (214) 351-9595

Serial Number: Airframe TT: Landings:

C406-N w NAV Interface Interior & Entertainment Entertainment / Connectivity: ▪ Aircell ATG-4000 ▪ Datalink (C23-406) ▪ DVD/CD Player ▪ Airshow 4000 with two 20” Monitors ▪ Lufthansa Technik CL-300 NICE System CMS Interior (2010/2017): ▪ 9 Pax, Eight place with double club configuration with executive fold out tables and a Belted Lav ▪ New Carpet (2017) ▪ Aft Lav ▪ Pocket Door between Galley and Cabin ▪ Forward Galley with Microwave and with Two Hot Liquid Dispensers Exterior (2010): White with Black, Red, and Grey Stripes For Sale

20298 3503 2915

• ENGINES, APU AND AIRFRAME ON PROGRAMS • AIRCELL ATG-4000 • NEW CARPET • ONE OWNER • ALL MAJOR MAINTENANCE PERFORMED BY BOMBARDIER APU Honeywell GTCP36-150(BD)▪ Serial Number P-410 Total Time 2,982 Engines ▪ Engines: Honeywell MSP ▪ HTF7000 Left Right ▪ Serial Numbers P118734 P118730

▪ Hours 3,503 3,503 ▪ Cycles 2,915 2,915 ▪ Next Shop Visit (MPI) On-Condition On-Condition ▪ Core Zone Insp (CZI) On-Condition On-Condition ▪ Improved Combustion Liner SB 72-9044 Rev. 3 Avionics ▪ ADC (Air Data Computer) Dual ADC-3000 ▪ CVR (Cockpit Voice Recorder) Single L3 Technologies FA2100 CVR ▪ Data Loader Single Collins DBU-5000 ▪ DME (Distance Measuring Equipment) Dual Collins DME-4000 ▪ EFIS (Electronic Flight Instrument System) 4 LCD Collins Pro-Line 21 w Dual IFIS ▪ EGPWS (Enhanced Ground Proximity Warning System) w Windshear and Terrain Display Single Honeywell TAS-5000, Mark V w/ RAAS ▪ ELT (Emergency Locator Transmitter) Single Artex

2008 Gulfstream G450

E-mail: info@mentegroup.com Tel: + 1 (214) 351-9595

Serial Number: Airframe TT: Landings:

One (1) Honeywell MCS 7000+ SATCOM One (1) Chelton SATCOM antenna

4131 2634.1 1031

• FRESH ENGINE MID-LIFE’S BY DALLAS • AIRMOTIVE (DAM) • ADS-B OUT • FANS1/A, CPDLC • HUD • FORWARD GALLEY • SATELLITE TV • IRIDIUM AND INMARSAT SATCOM Engines ▪ Engines: Mid-Life C/W Dec 2017 ▪ Tay 611-8C Left Right ▪ Serial Numbers 85287 85286 ▪ Hours 2,629.9 2,629.9

▪ Cycles 1,029 1,029 ▪ Next Shop Visit (O/H) Dec 2027 Dec 2027 ▪ Next Shop Visit (hrs) 8,629 8,629

APU ▪ Honeywell 36-150(G) ▪ Serial Number P-246 ▪ Total Time 1,232 Hrs. ▪ Total Cycles 978 Avionics & Connectivity Four (4) Honeywell DU-1310 Flat Panel Display Units Two (2) Honeywell DC-884 Display Controllers One (1) Honeywell DP-884 Display Brightness Panel One (1) Honeywell/Kollsman Visual Guidance System (VGS) Three (3) Honeywell MAU-913 Modular Avionics Units One (1) Honeywell GP-500 Flight Guidance Panel

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

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Interior & Entertainment 16 Pax, Forward Cabin has Double Club seats with executive fold-out tables. Mid-cabin has conference group opposite a credenza. Aft cabin has dual 4 person divans in neutral cloth covering.

Airshow 4000 with 24” monitor on forward bulkhead and on over the credenza. 32” monitor on mid-cabin bulkhead facing aft.

▪ Inmarsat Satcom Equipment: Honeywell MCS-7147 Kaleidescape Entertainment System Exterior 2008 Paint: Matterhorn White and Gloss Black with Orange, Gold, and Silver stripes For Sale

Tel: +1 214 351 9595 E-mail: info@mentegroup.com www.mentegroup.com

Aircraft Index see Page 145

Asian Sky 2010 Boeing BBJ February.qxp 21/02/2018 11:06 Page 1

S H O W C A S E

Asking Price: Make Offer 2010 Boeing BBJ Serial Number: Airframe TT: Landings:

38608 1130 318

23 Passengers Executive Configuration • Soundproofing Package • Engine Enrolled on GE Onpoint Program • APU Enrolled on Honeywell AMP Program • Avionics Enrolled on Rockwell CASP Program • TAWS & TCAS • Seven (7) PATS Auxiliary Fuel Tanks • Complied with SFAR 88 & LCA • Alt-Nav System • Auxiliary Tanks Fire Suppression • Carbon Brakes • Landing Gear Allied Signal High-gross Weight wheels with SFE PR 225-mph Tires • Six-channel Honeywell MCS 7200 Satcom with Access to Inmarsat Aero H+ service Engines - Engines Model: CFM56-7B27/3B3 (G05) - Enigne 1 SN: 802917 - Engine 2 SN: 802920 - Each Engine Total Hours: 1,130 Since New - Each Engine Total Cycles: 318 Since New APU - Honeywell GTCP 131-9B - Serial Number: P-8497 - Total Hours: 1,055 Since New - Total Cycles: 681 Since New

Maintenance - 2A, 4A, 2C, and 1C Insp carried out 13 Apr 2017 - Next due Major Check: - 4A Check: 13 Apr 2019 Interior & Entertainment - Passengers: 23 - Configuration: Executive, with Soundproofing package to provide 52 - 54 db SIL - Seating: Beige & tan leather seats, berthable seating for twelve passengers & dual crew members, forward lounge w/seven passenger & dual crew seats, six aft lounge passenger seats, dual master suite seats, eight staff seats - Third jumpseat - Carpet: Light beige carpeting - Refreshment Equip: Forward galley - Cabinetry/Woodwork: Dark high-gloss woodwork - Entertainment Equip: Airshow 410, dual 21.3inch monitors, three 37-inch monitors - Business Equipment: RJ-45 jacks, ACRAS printer - Accessories: Forward crew lav, mid-cabin guest lav, private aft lav w/shower - Storage: Mid-cabin closet - Stateroom/Suite: Aft master suite/stateroom w/queen bed

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 March 2018 – AVBUYER MAGAZINE

133

CAI Hawker 900XP 2 March.qxp 21/02/2018 11:08 Page 1

S H O W C A S E

2009 Hawker 900XP Serial Number: Registration: Airframe TT: Landings:

HA-0148 OD-MIG 1,940.10 557

Family owned and used since new (Original buyers). Still in operation Location: Beirut, Lebanon Fresh 48-month/G Inspection complied with Airframe Beechcraft Corporation ProAdvantage Programs (ProParts and ProTech) Engines Honeywell TFE731-50R-1H 1-LE, S/N: P-122347 Total time since new: 1,923.20 Total cycles since new: 604 2-RE,S/N:P-122348 Total time since new: 1,923.20 Total cycles since new: 604 MSP Gold Auxiliary Power Unit (APU) Honeywell GTCP36-150 APU S/N:P-1166 Total time since new: 1,099 MSP Gold Avionics: Rockwell Collins Proline 21-4 Dual Collins VHF-4000 Digital Comm Dual Collins DME-4000 Collins ALT-4000 Altimeter Dual Collins HF-9000 HF Comm System (2nd Additional)

CollinsTCAS-4000 with change 7 Honeywell Mark V EGPWS Dual Collins FMS-6000 (P-RNAV) Dual GPS-4000S with Dual WAAS Collins TWR-850 Extended Frequency Range Radios (Additional) Honeywell Solid State FDR (SSFDR) (Additional) Worldwide Weather W/ACARS in-flight comm services (Additional) Additional Features and Equipment Paperless Cockpit Cabin Audio/Video Entertainment System (Airshow 4000 with Flight Deck Controller) 2nd 15” LCD Monitor Auxiliary A/V Package AirCell ST3100 with Cordless Cabin and Cockpit Handsets Cabin/Vestibule Hinged Door Additional Stowage Drawers Under Each Club Chair (4) Drop Down Inboard Armrests (All Individual Seats) Protection Package Custom Package Lift Raft-6 person (9 Overload) B,C,E,F inspections (December 2015); E Inspection (December 2016) G Inspection (48-month) complied with March 2018 All records since purchase are available upon request.

Aircraft Exterior and Interior are in Impeccable and Excellent Condition

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

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Palm Beach Tel: Fax: Cellular: Email: Website:

(561) 433-3510 (561) 433-3842 (561) 289-3355 jp@caijets.com www.caijets.com Aircraft Index see Page 145

Keystone Aviation March.qxp_Empyrean 20/02/2018 10:05 Page 1

S H O W C A S E

HondaJet HA-420 Serial Number: 42000033 Delivery Time Only Avionics • Garmin G3000 next generation, all glass avionics system • Class leading layout with three (3) 14 inch landscape-format displays • Dual touch-screen controllers for overall avionics and system management • Controller Pilot Data Link Communications (CPDLC) • Radar altimeter • Jeppesen ChartView • Synthetic vision • XM Weather Datalink • TCAS 1 • TAWS Class B • Weather radar system • Surface Watch • ADS-B In and Out • Ferry time only Cabin • Executive seating for four in classic club configuration and single side-facing seat • Fully adjustable leather seats, and stow-able executive tables (LH & RH) • Nose compartment: 9 cubic feet of space • Aft compartment: 57 cubic feet of space • Executive Seat Upgrade-Upgrades four main cabin seats to leather, installs inboard armrest and under seat storage drawers. Main passenger seats recline and are capable of sliding forward, aft and laterally • Crew seats upgraded to leather

• LH Executive Table-Installs LH stowable executive table (RH standard)

• Electric Pleated Shades • Main Cabin Floor Trim Upgrade-Adds illuminated blue HondaJet logo trim piece on each floorboard • Full enclosed externally serviceable aft lavatory with basin Interior Moonlight interior with Cool Gray base, integrating Dark Gray accent colors. Ice Silver and Eucalyptus trim highlight the Glacier carpet interior. This color palette is consistent in the cockpit and lavatory Exterior • Honda Signature Scheme featuring Silver with Dark Grey • Single port fueling • Speed brake • Hot wings • Electric windshield anti-ice • Automated LED lighting • Steer-by-wire • Airstair entry • Trailing link landing gear • Anti-skid braking system Key Safety Features • Emergency descent mode if cabin pressure fails above 25,000 feet • Single engine climb performance of 1,140 fpm • Rudder bias activated by FADEC thrust differential • Stick shaker and pusher

HondaJet Northwest Michael Parker

Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +1 801-933-7509 Mob: +1 801-910-6920 mparker@keystoneaviation.com

March 2018 – AVBUYER MAGAZINE

135

C-Air Transport Services Ltd December.qxp_Empyrean 21/02/2018 10:24 Page 1

S H O W C A S E

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

910 6640 2464

• One meticulous owner since new • Maintained and updated to the highest standard • Full cabin refurbishment in 2010 • 27 passengers interior • Forward stateroom • Extensive Entry Into Service (EIS) support package available with purchase • For more information and photos visit www.msn910.com Engines IAE V2527M-A5 Hours since new: 6640 Cycles since new: 2464 APU APIC 3200 Hours since new: 5624 Cycles since new: 3573 Cabin • Forward State Room with two beds and private washroom • Forward mid-section office vestibule with two single seats (RH) • Three seat divan opposite office vestibule (LH) • Mid-section club four dining (LH) • Mid-section three seat divan opposite club four

dining (RH) • Aft mid-section club four dining (RH) • Aft mid-section three seat divan opposite club four dining (LH) • Aft section eight premium economy seats • Two galleys (one forward, one aft) featuring Tia Wavejet ovens and Nespresso Coffee machines • Three lavatories (one in State Room, one mid-section and one aft) • Separate forward crew lavatory • Custom Concept Controls (CCC) Cabin Management and Entertainment System • Rockwell Collins Airshow 4000 • SBB Satcom – for cabin internet and includes Aero H for flight deck safety services • Sat-phone System • Onboard Mobile Telephone System Avionics The aircraft’s original EFIS/ECAM CRT displays and DMC computers were replaced with the Thales EIS2 (Electronic Instrument System 2) composed of 6 large active matrix Liquid Crystal Display (LCD) Units and 3 Display Management Computers (DMC) in 2006.

• FlySmart with Airbus EFBs • Compliances: ADS-B Out / FANS B+ / CPDLC / RNP 0.1 / TCAS 7.1 • Integrated Standby Instrument System The aircraft currently has Head Of State livery so will need to be repainted

Daniel Kunz C-Air Transport Services Ltd c/o Resource Consulting AG, Turmstrasse 30, 6300 Zug, Switzerland

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AVBUYER MAGAZINE – February 2018

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

Empyrean Aircraft Hawker 850XP February.qxp_Empyrean 21/02/2018 10:28 Page 1

S H O W C A S E

Further Price Reduction - Call for details

2006 Hawker 850XP Serial Number: Registration: Airframe TT: Landings:

258792 OD-LEA 4,184 1,853

Hawker 850XP Serial Number 258792, is the latest in the line of aircraft to be bought and sold by Empyrean Aircraft Consulting Ltd for the current Owner.

The aircraft is equipped with High Speed Internet and is fresh from engine Core Zone Inspections. The aircraft is aggressively priced and now awaits a new home Engines on MSP Gold APU enrolled on MSP Gold.

Enrolled on CAMP. Fully EASA compliant.

Engines Honeywell TFE731-5BR APU Honeywell GTCP-36-150(W).

Total Time: 3,822 Hours Avionics EFIS Four-Tube Collins Pro Line 21 FMS Dual Collins FMS-6000 GPS Dual Collins GPS-4000A NAV Dual Collins NAV-4000/4500 RMI Dual Displayed in PFD’s DME Dual Collins DME-442 ADF Single Collins ADF-462

A/P Dual Collins FGC-3000 VHF COM Dual Collins VHF-4000 HF COM Single Collins HF-9000 w/ Selcal RADAR Single Collins TWR-850 w/ Turbulence Detection RADAR ALT Single Collins ALT-4000 XPNDR Dual Collins TDR-94D w/ Enhanced Surveillance EGPWS Warning System) Single Honeywell Mark V w/ Windshear TCAS Single Collins TCAS-4000 CVR Single Universal CVR-120 FDR Single SSFDR Additional & Entertainment Inside Paperless Cockpit FSU-5010 File Server Unit Precise Flight Pulselite w/ TCAS Interface ELT (Emergency Locator Transmitter) Artex C406-2 Long Range Oxygen High Speed Internet Aviator 200 Single Channel SwiftBroadband w/Wifi In Flight Phone AirCell ST-3100 Iridium Phone w/ Cordless Handsets Display: TV Monitor(s) Two 15” Cabin Monitors Airshow System Airshow 410 w/ Airshow Briefer System Cabin Audio / Video System w / Dual DVD Cabin Layout Eight place interior.

Forward four individual club chairs.

Aft Cabin Side facing three place divan opposite a single club chair

Empyrean Aircraft Consulting Ltd Contact: Andrew Butler

Advertising Enquiries see Page 4

www.AvBuyer.com

Tel: +34 965 88 99 60 Cell: +44 7880 717362 Email: ajb@empyreanaircraft.com www.empyreanaircraft.com March 2018 – AVBUYER MAGAZINE

137

GainJet March.qxp 20/02/2018 16:24 Page 1

S H O W C A S E

Boeing 737-400 LR With only genuine quick change Aux fuel tank system on the market today (Available for Boeings & Other types) Serial Number: Airframe TT: Landings:

25423 47,578 Hours 34,487 Cycles

• Long Range “Quick Change” Auxiliary Fuel Tanks system installed • Quick, Line-Replaceable fuel tanks (LRTs) • Certified with an FAA STC. • Allows for up to 9-hour intercontinental flight range • Flexibility to adjust configuration to suit the mission: • Add more tanks for longer range • Remove tanks for more cargo space • More info, please visit www.longrange.aero • Full cabin refurbishment in 2014 • 64 passenger VIP configuration • Maintained and utilized to the highest standards • More info, please visit www.gainjet.com/vip-boeing-b737-400-2 Engines Engine 1. CFM56-3C1. ESN: 725160 TSSV: 442 Hours CSSV: 182 Cycles

Engine 2. CFM56-3C1. ESN: 725369 TSSV: 442 Hours CSSV: 182 Cycles

APU Honeywell GTCP36-280B TSN: 21,878

Exterior Elegant and discrete livery

Cabin & Features Fully refurbished in 2014 64 passenger VIP configuration - ensuring lavish comfort for all passengers.

Seat pitch: 52 inches 3 high-quality lavatories 30 AC power outlets in the cabin Nespresso Machine

Avionics Triple VHF-Comm w/8.33 kHz spacing ACARS w/provisions: Dual Arinc758 CMU Solid State Cockpit Voice recorder System (2hrs recording) Control Surface Position Indicator Aspirated TAT probes for FMC Operation

Gainjet Aviation Group Vouliagmenis Ave. & 1 Themistokleous St. Glyfada. 16674.

Athens, Greece

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AVBUYER MAGAZINE – March 2018

www.AVBUYER.com

Contact: Tel: +30-210-963-6101 Email: andrew@gainjet.com www.gainjet.com Aircraft Index see Page 145

Wentworth February.qxp_Layout 1 24/01/2018 12:22 Page 1

BOEING 767 S/N 23896

Outstanding Ownership History with Only 2 Operators Since New and Superb Records.

Ex-Qantas Airlines with 2007 Gore Design VIP Conversion to 42 Passengers with Full Flat sleeping For 21. 2 Private Staterooms, Each with Its Own Private Lavatory.

Ask Price Slashed Over 35%! Bona Fide Offers Considered BOEING BBJ2 S/N 32806

Available Exclusively from Jet Connections and it’s U.S. Partner, Wentworth.

E C L

2 Private Staterooms, Each with Its Own Private

Competitively Priced!!

11000 Hours / 4850 Cycles, Fresh C Inspection, 5 Aux Fuel Tanks, Winglets, 29 Passenger Interior with Forward and Aft Lounges and Master Stateroom with VIP Lavatory.

L

8 6 3K

( 6DOHV#:HQWZRUWK $HUR

P140-143.qxp 21/02/2018 12:39 Page 1

M A R K E T P L A C E

Hawker Beechcraft 800XP

Price:

$1,500,000

Year:

1999

S/N:

258415

Reg:

TBA

TTAF:

4609

Location: India

Cessna Citation CJ1+

Tel: +971 563 452 106 E-mail: louis@velingtayara.aero

Louis Steven

• Available Immediately • Excellent Maintenance History • EASA Certified • Fresh MPI Inspection • Five (5) Tube Honeywell EDZ-818 EFIS - EFIS MODEL ED-800 • Dual FMZ2000 Flight Management System - FMZ-2000 • Dual Honeywell NAV/COMM/ADF/DME - Honeywell RNZ-850 • King KHF-950 HF Comm - King KHF-950Total Landings Since New 3,177 Landings. Maintenance Tracking YES. • 5 Cabin Seats & 3 Seat Divan (Brown Leather) • Solid Cabin Door (Cabin to Vestibule) Aircraft is covered under HAPP (Honeywell Avionics Protection Plan). Price Reduced

Tel: +1 (903) 517 3517 E-mail: jsmyers56@gmail.com

Jimmy Smyers Price:

$2,450,000

Year:

2007

S/N:

525-0621

Reg:

N621AD

TTAF:

834.5

ORGINAL PAINT, ALWAYS HANGERED NO DAMAGE HISTORY INTERIOR EXCELLENT CONDITION

Location: USA

Hawker Beechcraft 850XP

Tel: +7 985 222 6868 E-mail: vitalyo@comavia.ru

Vitaly Okorokov Price:

Please Call

Engines and APU on MSP Gold

Year:

2007

Collins Pro Line 21 Avionics

S/N:

258827

Reg:

G-HSXP

No Damage History

2580

Fresh E inspection

TTAF:

Always hangared One owner since new

Location: Russian Federation

Embraer Legacy 650

Price:

$15,000,000 USD

Year:

2013

S/N:

14501163

Reg:

RA02777

TTAF:

1513

Location: Russia

Beechcraft King Air 350i

AVBUYER MAGAZINE – March 2018

Entry into Service: 28th March 2013. Low Time – Just 1513 Hours. One Owner Since New. EU-OPS 1 Certified. FANS 1/A, CPDLC & TCAS 7.1. Forward & Aft Lavatory. No Damage History. Always Hangared. Avionics: FANS 1/A CPDLC. TCAS 7.1. Honeywell Primus Epic System. EFIS Honeywell Primus Epic fitted for Pilot and Co-pilot. Radios 3 X Honeywell RCZ 833K for VHF-COM 1 & 2. HF 2 X Honeywell KRX1053 + Trimble SELCAL. Transponders 2 X Honeywell RCZ-833K VOR/ILS, ADF, DME 2 X Honeywell RNZ-851 NAV Units. Interior: Number of Passengers: 13. Galley Location: Forward Cabin.

Matthew Betty, MCB Avation Price:

$4,895,000

Year:

2016

S/N:

FL-1056

Reg:

N10PL

TTAF:

414.2

Location: USA

140

Tel: +74 993 489 451 E-mail: andkuleshov@rusjet.aero

Andrew Kuleshov

www.AVBUYER.com

Tel: +1 (817) 915 3653 E-mail: matt@mcbaviationllc.com

414.2 hours since new. Rockwell Collins Pro Line Fusion Avionics. WAAS/LPV/ADSB-Out. Synthetic Vision. XM weather.

Integrated charts and enhanced maps. Engines Enrolled in PowerAdvantage+. Textron/Beechcraft Factory Service Center Maintenance. New Paint February 2018. Eight place club seating plus belted potty seat. Manufacturer warranties.

Enrolled in CAMP. Wing locker storage. ADDITIONAL EQUIPMENT: • Propeller Slings (2) • Engine Inlet Plugs (2) • Bleed Air Plugs (2) • Fuel Sump Drain Wrench (1) • Passenger Briefing Cards (8) • Coat Hangers (8)

Aircraft Index see Page 145

P140-143.qxp 21/02/2018 12:39 Page 2

Hawker 800A

Leonard Hudson Price:

Offer/trade

Year:

1995

S/N:

Not listed

Reg:

N337WR

TTAF:

7,803

M A R K E Tel: +1 (806) 662 5823 T Drilling Email: ronfernuik@hotmail.com P L Exceptional 1995 Hawker 800A, N337WR, full true world 2600 A nm range. Will consider trades for Citation CJ1, CJ2 or Bell 212, C 412 or 407. Cycles: 4676. Engines: TFE 731-5R-1H Dee Howard E Thrust Reversers enrolled on MSP Gold. APU: Sundstrand T-62T-

Location: TX, USA

Bombardier Learjet 36A

40C8D1 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

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

Citation Mustang

Augsburg Air Service Price: Year:

2009

Tel: +49 821 7003 143 E-mail: sales@aas-augsburg.de EU-Reg, Garmin G1000 Suite (3 Displays), Synthetic Vision, 2x GTX33D Mode-S XPDR, TAS KTA-870, Jeppesen Charts, XM Weather, On CESCOM, Maintenance by AAS Augsburg!

S/N: Reg: TTAF:

3100

Location:

Advertising Enquiries see Page 4

www.AVBUYER.com

March 2018 – AVBUYER MAGAZINE

141

P140-143.qxp 21/02/2018 12:39 Page 3

M A R K E T P L A C E

Airbus/Eurocopter EC 130B4

Tel: +420 723 752 559 E-mail: sl631984@gmail.com

Agnieszka Now Price:

€1,400,000 VAT Paid Private heli, white pearl, service eurocopter, camo. Perfect

Year:

2005

S/N:

TBD

condition, Klima, No accident, Information on mail, VAT paid, service eurocopter 144 mounth inspection is done.

Price Reduced

Reg: TTAF:

1150

Location: Poland

Airbus/Eurocopter AS 355N

JEAN MARC REDON Price:

Make Offer

Year:

2002

S/N:

5225

Reg:

F-GJSE

TTAF:

3244

Tel: +33 (0) 607 271 575 E-mail: apillot@procoptere-aviation.com Available for immediate sale TSN : 3244 Production Year: 2002 Mission: VIP Status: End of overhaul 12 years New paint and interior

Location: France

Robinson R44 Clipper II

Andreas Siebenhofer Price:

€140,000 Inc. VAT

Year:

2006

S/N:

11534

Reg:

OE-XAS

TTAF:

1280

Tel: +43 (0) 664 514 3195 E-mail: a.siebenhofer@7group.aero ONLY Private owner, no flight school, not flight training. Leather Seats. Nine Hole Panel. Fire Extinguisher. Dual controls.

Four Point Harness, R44 Forward Seats. Bubble windows.

Heater. Handling wheels. Artificial Horizon. Directional Gyro.

Turn Coordinator. Vertical Compass. Digital Clock.

Millibar Altimeter. COM / King KY196A. Transponder mode S. GPS / COM / VOR / LOC / GS Garmin 430 w.

ELT, Kannad 406 AF. ICS

Location: Austria

Sikorsky S-76A++

Helijet Price:

€798,000 Excl. VAT

Year:

1985

S/N:

760282

Reg:

D-HULK

TTAF:

11320

Location: Germany

Sikorsky S-76B

Helijet

AVBUYER MAGAZINE – March 2018

Airframe: total landings: 22053. Engine(s): Turbomeca Arriel 1S1 SN: 15061 with 10368 Hours. SN: 15132 with 8831Hours.

Avionics/Radios: Dual TRIG92 VHF COM 8.33 kHz. ELT Techtest CPI system. Weather Radar RT4001. GPS Trimble 2000 Approach+. Dual NAV (VOR, ILS, DME). Transponder Becker BXP6403-2. TCAS Ryan 9900. Radio Altimeter System (RAD ALT) ALT55. Interior: 12 seat configuration. Inspection Status: 12M 05.07.2017. 24M 05.07.2017. 36M 30.04.2015. 1500h at 10379 Hours. The aircraft is offered with accessories and spare parts included. Aircraft is being offered, “as-is, where-is“

Tel: +49 (0) 231 610 6213 E-mail: mirko.meyer@helijet-charter.de

Price:

€1,289,000 Excl. VAT Airframe: total landings: 4076. Engine(s): TPratt & Whitney PT6B36B.

Year:

1995

S/N:

760437

Reg:

D-HNDL

TTAF:

2435

Location: Germany

142

Tel: +49 (0) 231 610 6213 E-mail: mirko.meyer@helijet-charter.de

www.AVBUYER.com

SN: 36221 with 2435 Hours. SN: 36220 with 2435 Hours.

Avionics/Radios: Dual Honeywell Primus VHF COM SRZ850. Dual Becker VHF COM 8.33 kHz. ELT Techtest CPI system. Weather Radar KMD850 with RDR2000. Universal UNS 1B GPS. Dual NAV Honeywell Primus SRZ850 (VOR, ILS, DME). Transponder Becker BXP6401. Interior: 8 seat configuration, option 2+4 seat configuration.

Inspection Status: 12M 01.09.2017. 24M 01.09.2017. 36M 03.07.2015.

1500h at 2278 Hours. The aircraft is offered with accessories and spare parts included. Aircraft is being offered, “as-is, where-is“

Aircraft Index see Page 145

P140-143.qxp 21/02/2018 12:39 Page 4

Airbus/Eurocopter BO 105CBS-4

ZAS Aviation Price:

€310,000 Excl. VAT

Year:

1980

S/N:

S-438

Reg:

D-HDML

TTAF:

7505

Location: Austria

Airbus/Eurocopter BO 105CBS-4

Price:

€340,000 Excl. VAT

Year:

1978

S/N:

S-391

Reg:

D-HDRA

TTAF:

6943

Airbus/Eurocopter BO 105CBS-4

Tel: +49 (0) 176 2144 9200 E-mail: ZAS@ZAS-Aviation.com German and Austrian maintained, well equipped BO105.

Located in Austria. Comes with the following options: Increased OEI performance (Roof Top Landing Kit SB10-110); Dual Windshield Wipers; Dual Controls; External Load Hook provisions; Cargo Hook Mirror provisions; Reversible Copilot Seat; Settling Protectors complete; Engine Fire Extinguisher System; Fuel Micro Filters; Continuous Ignition System; Electrical 4+1 KW Heating System; Long Boarding Steps. Avionics: VHF 1 and 2; Garmin GNS 430; IC Pilot/Copilot/Pax; Radio Altimeter; ATC Transponder Mode S, ELT406MHz. Exclusive Offer

Tel: +49 (0) 176 2144 9200 E-mail: ZAS@ZAS-Aviation.com

ZAS Aviation Price:

€345,000 Excl. VAT

Year:

1974

S/N:

S-147

Reg:

OE-XRM

TTAF:

8725

Location: Austria

German and Austrian maintained, well equipped BO105.

Located in Austria. Comes with the following options: Increased OEI performance (Roof Top Landing Kit SB 10-110); Dual Windshiel Wipers; Dual Controls; Dual Control Covers; External Load Hook provisions; Cargo Hook Mirror provisions; Interior Night Lights, Reversible Copilot Seat; Settling Protectors complete; Engine Fire Extinguisher System; Fuel Micro Filters; Search and Landing Light; Scavenge Oil Filters; Continuous Ignition System; Bleed Air Heating System; Fixed Landing Light LH and RH; Long Boarding Steps; Side Strobe Lights. Exclusive Offer

Tel: +32 (0) 474 716 492 E-mail: xavier.detracy@telenet.be

Xavier De Tracy Price:

€430,000 Excl. VAT

Year:

1973

S/N:

1042

Reg:

N341AS

TTAF:

2925

Location: Belgium

Alberth Air Parts

External Load Hook provisions; Cargo Hook Mirror provisions; Reversible Copilot Seat; Settling Protectors complete; Engine Fire Extinguisher System; Fuel Micro Filters. Avionics: VHF 1 and 2; Nav1 and 2; DME; ADF; IC Pilot/Co-Pilot/Pax; Radio Altimeter; ATC Transponder; ELT 406MHz. Exclusive Offer

ZAS Aviation

Location: Austria

Airbus/Eurocopter SA 341G

M A R K E Tel: +49 (0) 176 2144 9200 T E-mail: ZAS@ZAS-Aviation.com P L German and Austrian maintained, well equipped BO105.

A Located in Austria. Comes with the following options: C Increased OEI performance (Roof Top Landing Kit SB10-110); E Dual Windshield Wiper; Dual Controls; Dual Control Covers;

+1 832 934 0055

Gazelle SA341G. Very very good remaining times, 935h remaining time on Astazou IIIA engine. Standard airworthiness certificate. US FAA N-registered. All records since day of manufacture. Fresh annual. 3 axis SAS system (Stability Augmentation System), helicopter flies 3 min without touching the controls! Cargo hook included (max 750 kg on hook).

Interior noise insulation kit. Engine intake silencer. Aux tank 90 liter with contents indicator (total 545 liter for 3h20min endurance). Large 454 liter luggage compartment (accessible from outside and inside)

Par Avion Ltd

Spare Parts

FALCONS • HAWKERS • LEARS

•BUY •SELL •TRADE

www.paravionltd.com

CESSNA LEARJET HAWKER WESTWIND FALCON GULFSTREAM

www.alberthaviation.com

SALES • ACQUISITIONS • CONSULTING

Fax: +1 832 934 0011 Advertising Enquiries see Page 4

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March 2018 – AVBUYER MAGAZINE

143

P144.qxp 22/02/2018 11:05 Page 1

I N D E X

Advertiser’s Index 1st Source Bank...................................................77 21st Century Jet Corporation .........................146 AeroExpo UK.......................................................117 Aircraft Finance Corporation .............................11 AMAC Aerospace ................................................13 AMJET Aviation.....................................................43 Aradian Aviation ....................................................87 Asian Sky Group.........................................51, 133 Avjet Global ..................................................32 - 33 Avpro ..............................................................14 - 17 Axiom Aviation.......................................................91 Boutsen Aviation ..................................................93 CAAP....................................................................125 C-Air Transport ...................................................136 CAI ........................................................................134 Central Business Jets .......................................147 Conklin & de Decker .........................................112 Corporate Concepts ...........................................69 Dassault Falcon Jet .........................................2 - 3 Duncan Aviation...........................................38 - 39 Eagle Aviation........................................................25 EBACE.................................................................119 Engine Assurance Program ...............................97 Elliott Jets .....................................................44 - 45 Empyrean Aircraft Consulting .........................137 Freestream.............................................................59 GainJet Aviation .................................................138 General Aviation Services ..................................71 Global Jet Capital.................................................61 Global Jet Monaco .......................................... 5 - 9 Gulfstream .............................................................21 Hatt & Associates.................................................31 IAG...........................................................................81 JetBrokers .....................................................54 - 55 Jetcraft Corporation ...........................46 - 47, 148 Jeteffect .........................................................52 - 53 JETNET ................................................................124 Jet Sense Aviation ..................................126 - 129 JSSI ....................................................................1, 27 Keystone Aviation ..............................................135 LBAS ....................................................................111 Leading Edge ........................................................67 Lektro....................................................................113 Mente Group ......................................................132 OGARAJETS................................................28 - 29 Par Avion..............................................................111 Rolls-Royce............................................................75 Sky Aviation Holdings............................130 - 131 Southern Cross Aviation ..................................101 Sparfell & Partners ......................................36 - 37 Survival Products...............................................113 The Elite London ................................................103 The Jet Business..........................................22 - 23 Viasat.......................................................................85 VREF ....................................................................113 Wentworth Aero.................................................139 Wright Brothers Aircraft Title ..........................115

144

AVBUYER MAGAZINE – March 2018

The BEST Aircraft For Sale Search anywhere, everywhere on pc, smartphone and tablet.

ONLINE l PRINT l BROADCAST l EVENTS

Copy date for the April Issue Wednesday 14 March AvBuyer (USPS 014-911), March 2018, Vol 22 Issue No 3 is published monthly by AvBuyer Ltd, 1210 West 11th Street, Wichita, KS 67203-3517 and has a targeted circulation to decision makers within business and corporate aviation throughout the world. It is also available on Annual Subscription @ UK £40 and USA $65. POSTMASTER: Send address changes to: AvBuyer Magazine 1210 West 11th Street, Wichita, KS 67203-3517. Postage is paid at Wichita, KS and additional mailing offices © Copyright of AvBuyer Ltd. Every effort is made to ensure the accuracy of material published in AvBuyer Magazine. However, the publishers cannot accept responsibility for claims made by manufacturers, advertisers or contributors. The views expressed are not necessarily those of the Editor or the publishers. Although all reasonable care is taken of all material, photographs, CD & DVDs submitted, the publishers cannot accept any responsibility for damage or loss. All rights reserved. No part of AvBuyer Magazine - Advertising, Design or Editorial - may be reproduced, stored in a retrieval system, or transmitted in any other form, or by any other means, electronic, mechanical, photographic, recording or otherwise, without prior written permission of the publishers.

www.AVBUYER.com

Aircraft Index see Page 145

P145.qxp 22/02/2018 13:01 Page 1

Aircraft For Sale • AIRCRAFT • HELICOPTERS

AIRCRAFT

PAGE

AIRBUS A318 Elite+ . . . . 5 ACJ319 . . . . . . . . 136 ACJ380-800 . . . . 36

BAE AVRO RJ70. . . . . 54

BOEING/MCDONNELL DOUGLAS BBJ . . . . . . . . . . . 23, 46, 51, 59, 93, . . . . . . . . . . . . . . . 133 BBJ2 . . . . . . . . . . 139 737-400LR . . . . . 138 747-8 . . . . . . . . . . 36 757-256 VIP. . . . 33 767 . . . . . . . . . . . 139 787-900 . . . . . . . 148

BOMBARDIER Global 5000 . . . . 47, 148 Global 6000 . . . . 33, 36, 47, 148 Global Express . 8, 101 Global Express XRS. . 5, 23, 43, 47, . . . . . . . . . . . . . . . 59, 148

AIRCRAFT

PAGE

AIRCRAFT

III . . . . . . . . . . . . . 43, 55, 147 V. . . . . . . . . . . . . . 54 VI . . . . . . . . . . . . . 55 X . . . . . . . . . . . . . 47, 53 XLS . . . . . . . . . . . 53, 87 XLS+ . . . . . . . . . . 16, 53, 147, 148 CJ1. . . . . . . . . . . . . 25 CJ1+ . . . . . . . . . . . 140 CJ2. . . . . . . . . . . . . 37, 93 CJ3. . . . . . . . . . . . 25 Bravo . . . . . . . . . 53, 101 Grand Caravan EX . .54 Excel . . . . . . . . . . 25, 38, 39, 45, 87, . . . . . . . . . . . . . . . 91 Encore . . . . . . . . 101 Encore+ . . . . . . . 43, 67 P210 . . . . . . . . . . 55 Columbia 400SLX . . 25 Mustang. . . . . . . . 93, 141 Sovereign. . . . . . 16, 22, 45, 53, 87

CIRRUS SR22T. . . . . . . . . 54

DAHER SOCATA TBM910/930 . . . 45

Challenger 300 . . . . . . . . . . . 16, 39, 52, 132, 148 601-1A . . . . . . . . 16 601-3A ER . . . . . 46 601-3R . . . . . . . . 46 604 . . . . . . . . . . . 39, 46, 47, 93, 147, . . . . . . . . . . . . . . . 148 605 . . . . . . . . . . . 46, 47, 87, 148 650 . . . . . . . . . . . 47, 148 850 . . . . . . . . . . . 46, 47, 148

Learjet 31A . . . . . . . . . . . 54, 55, 91 35A . . . . . . . . . . . 54 36A . . . . . . . . . . . 141 40XR . . . . . . . . . . 52 45 . . . . . . . . . . . . 52, 59 45XR . . . . . . . . . . 52 55 . . . . . . . . . . . . 55 60 . . . . . . . . . . . . 101 60XR . . . . . . . . . . 16, 43, 91 75. . . . . . . . . . . . . 47, 81, 148

CESSNA Citation I . . . . . . . . . . . . . . 37 II . . . . . . . . . . . . . 47, 148

PAGE

EMBRAER

PAGE

1000B . . . . . . . . . 15 1900D . . . . . . . . . 126 4000 . . . . . . . . . . 39

Legacy 600 . . . . 36 Legacy 650 . . . . 47, 140, 148 Legacy 850 . . . . 54 Lineage 1000 . . 5, 61 Phenom 100 . . . 38 Phenom 300 . . . 43

HONDA

GULFSTREAM

PIAGGIO

III . . . . . . . . . . . . . 71 IV . . . . . . . . . . . . . 47, 67, 101, 148 IVSP . . . . . . . . . . 15, 47, 52, 67, 81, 87, . . . . . . . . . . . . . . . 93, 148 V. . . . . . . . . . . . . . 14, 28, 32, 45, 52, . . . . . . . . . . . . . . . 69 100 . . . . . . . . . . . 87 150 . . . . . . . . . . . 33, 47, 52, 54, 87, . . . . . . . . . . . . . . . 91, 148 200 . . . . . . . . . . . 14, 15, 28, 33, 38, . . . . . . . . . . . . . . . 52, 87 450 . . . . . . . . . . . 5, 9, 14, 22, 47, 87, . . . . . . . . . . . . . . . 125, 132 500 . . . . . . . . . . . 22, 87 550 . . . . . . . . . . . 14, 22, 47, 87, 93 650 . . . . . . . . . . . 23, 43, 148 650ER. . . . . . . . . 23, 28 Astra SPX. . . . . . 15

Avanti II . . . . . . . 53 Avanti P-180 . . . 53 Avanti P-180II . . 81

DASSAULT FALCON 7X . . . . . . . . . . . . 5, 6, 39, 47, 51, 93, . . . . . . . . . . . . . . . 101, 146, 147, 148 20C-5 . . . . . . . . . 54 20F-5BR . . . . . . . 43 50 . . . . . . . . . . . . 43, 127, 146 50EX . . . . . . . . . . 15, 71, 146 200 . . . . . . . . . . . 37 900 . . . . . . . . . . . 146 900B . . . . . . . . . . 15, 54, 69, 111, 146 900C . . . . . . . . . . 146, 147 900DX EASy . . . 37 900EX . . . . . . . . . 15, 37, 146 900EX EASy . . . 15, 67, 69, 111, 146, . . . . . . . . . . . . . . . 147 900LX . . . . . . . . . 2, 146 2000 . . . . . . . . . . 3, 59, 61, 81, 93, . . . . . . . . . . . . . . . 101 2000DX. . . . . . . . 147 2000EX. . . . . . . . 111 2000EX EASy . . 3 2000LX . . . . . . . . 5 2000LXS. . . . . . . 2, 111, 147 2000S . . . . . . . . . 5, 7 2000XLS. . . . . . . 38

AIRCRAFT

HAWKER BEECHCRAFT King Air 200 . . . . . . . . . . . 54, 55 350 . . . . . . . . . . . 31, 54, 87, 101, 140 B200 . . . . . . . . . . 37, 87, 93 C90 . . . . . . . . . . . 54, 87 F90 . . . . . . . . . . . 25

Beechcraft Duchess . . . . . . . 25 Premier IA . . . . . 39

Hawker 400A . . . . . . . . . . 130 400XP . . . . . . . . . 31, 45, 47, 61, 87, . . . . . . . . . . . . . . . 131, 148 800A . . . . . . . . . . 71, 141 800SP. . . . . . . . . 31, 54, 55 800XP . . . . . . . . . 28, 45, 52, 71, 87, . . . . . . . . . . . . . . . 91, 128, 140 800XPi . . . . . . . . 67 850 . . . . . . . . . . . 91 850XP. . . . . . . . . 31, 39, 87, 129, 137, . . . . . . . . . . . . . . . 140 900XP . . . . . . . . . 87, 134 1000A . . . . . . . . . 45

JET . . . . . . . . . . . 25 HA420. . . . . . . . . 135

PIPER Cheyenne II . . . . 93 Cheyenne III . . . 54 Merdian . . . . . . . 25

SABRELINER 65 . . . . . . . . . . . . 55

HELICOPTERS AGUSTAWESTLAND AW109E Power . 16 AW139 . . . . . . . . 37 Koala. . . . . . . . . . 87

BELL 212 . . . . . . . . . . . 141 412 EMS . . . . . . 141 427 . . . . . . . . . . . 37

EUROCOPTER/AIRBUS AS350 B3E . . . . 87 AS355N . . . . . . . 142 BO105CBS-4 . . 143 EC 130 B4 . . . . . 132 EC 130 T2 . . . . . 17, 87 EC 135 T2+ . . . . 17 EC 135 P2 . . . . . 51 EC 135 P2+ . . . . 16 SA341G . . . . . . . 143

ROBINSON R44 Clipper II . . 142

SIKORSKY S-76A++. . . . . . . 142 S-76B . . . . . . . . . 142 S-76C+ . . . . . . . . 17, 47, 51 S-92A . . . . . . . . . 17

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

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March 2018 – AVBUYER MAGAZINE

145

21st Century May.qxp 27/04/2017 08:45 Page 1

Tri-Jets have earned a stellar reputation among owners and operators and usually command higher resale values than the competition.

With efficient space management the Falcon 900 aircraft have a larger passenger seating area than the Gulfstream IV. These Tri-Jets weigh 15 tons less and are 22 feet shorter, providing a more beneficial ramp presence.

The 900EX can speed across the Atlantic with all seats full at 0.84 IMN; and has 300 NM greater range than the Gulfstream IV-SP. Furthermore, the 900EX can fly from London to Kansas City, Buenos Aires to New Orleans and Anchorage to Seoul at 0.75 IMN with eight passengers and NBAA IFR reserves.

The Falcon 900LX pictured above is considerably more capable than the Falcon 900EX. Revolutionary and the world's first purpose built fly-by-wire (FBW) business jet, the Falcon 7X capitalizes on Mach 2 technology.

Evolving from the remarkable success of the 7X; The Falcon 8X has a longer cabin with 30 unique interior layout configurations to choose from, superb fuel efficiency and a range of 6,450 nm.

AVAILABLE: FALCON 900B

If you are considering the sale or acquisition of your business jet, call 21st Century Jet Corporation today for details before making a decision.

DISTINCTIVE BUSINESS JET SALES & ACQUISITIONS. INCORPORATED IN 1989 TEL: 1.775.833.3223

INTERNET: WWW.TRI-JETS.COM

E-MAIL: sales@tri-jets.com

CBJ March.qxp_CBJ November06 19/02/2018 16:35 Page 1

General Offices

Mexico office

Minneapolis / St. Paul

TEL: 52.55.5211.1505

TEL: (952) 894-8559

CELL: 52.55.3901.1055

FAX: (952) 894-8569

E-MAIL: Enrique@CBJets.com

EMAIL: INFO@CBJETS.COM

D L SO 2009 FALCON 7X SN 041

2015 FALCON 2000LXS SN 293

Single Owner, “C” Check/Paint/Refurbished Interior

by Duncan October 2017, Preferred Interior with NO Crew Rest and Dual Aft Divans

Single U.S. Owner, Nearly $3 Mio in Options, Preferred 10 Pax Interior

2002 FALCON 900C SN 194

2008 FALCON 2000DX SN 603

Single Owner, Recent “C” Paint/Interior By Dassault Wilmington, Preferred Fwd Crew Lav and Dual Aft Divan Configuration

3,000 Hours since new, Pratt and Whitney ESP Gold; Honeywell HAPP and MSP, Falcon Service Center “C” check in 2014, 10 Pax Interior with Wifi

D L SO CITATION XLS+ SN 6157

1997 CITATION VII SN 7064

Engines enrolled in Power Advantage, Airframe enrolled in ProParts and APU enrolled in Aux Advantage, Aircell Aviator 300 (Swift broadband w/ Worldwide Coverage), Eight plus 1 passenger executive configuration

3 Corporate Owners Since New, Cessna Citation Pro-Parts, Honeywell MSP Gold, Preferred 8 Place interior

1998 CHALLENGER 604 SN 5373

CITATION III SN 072

GE OnPoint and Honeywell MSP Gold, Triple IRS, 192 Mo Completed August 2015

MSP Gold Engines, HAPP Avionics Program, Camp maintenance tracking, Doc 1 & 3 Completed 12/2017, All AD’s & SB’s complied with

www.cbjets.com ALSO AVAILABLE: Falcon 900EXy SN238 (Lease Only)

This being the aviation industry, you’d think more companies would share our

51,000

The smoothest connection to your next aircraft.

2016 BOMBARDIER

foot view. GLOBAL 6000 S/N 9726 • 316 Hours; 134 Landings

• Collins Pro Lineview Fusion Flight Deck Up here, the air and the competition are rare.

Our birds-eye of the • FAA and EASA Compliant

aircraft brokerage market comes from our unmatched combination of nearly 50 years’ experience and a large, global network of partners and customers. That means you have more buy, sell and trade options. put a tailwind on your transaction. Call us and see. You’ll love the view.

2012 GULFSTREAM

www.jetcraft.com I info@jetcraft.com I Headquarters +1 919-941-8400 G650 S/N 6013 • 2,186 Hours; 640 Landings • Enrolled on RRCC and PlaneParts • G650 Enhancement Package

2015 BOEING 787-900 S/N 37109

2010 CESSNA CITATION XLS+ S/N 560-6058

• Green Boeing Completion • Ferry Time Only •A vailable for Viewings in Europe

• 2,072 Hours; 2,090 Landings • For Lease or Sale • Aircell ATG-4000 Gogo HSD Internet

2007 BOMBARDIER CHALLENGER 300 S/N 20131

ALSO AVAI L ABLE

• 1,944.6 Hours; 1,061 Landings • MSP Gold Engine & APU Coverage • Fresh 12 Month Inspection

2009 BOMBARDIER GLOBAL XRS S/N 9309 1998 Beechjet 400A • 1,732 Hours; 713 Landings 2007 Challenger 300 • Batch 3 with FANS 1/A (CPDLC) 2011 Challenger 300 • Enrolled on All Programs

ALSO AVAILABLE

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I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

Better perspective on market trends. And worldwide connections that

A passionate team of aviation experts, our strategic approach and action-oriented thinking have made us the global leader for aircraft sales and ownership services.

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1997 Challenger 604 2005 Challenger 604 2007 Challenger 605 2002 Citation Excel 1993 Citation VI 1994 Citation VII

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DOWNLOAD OUR 2015 CHALLENGER 650 FEATURED INVENTORY JETCRAFT APP 2005 CHALLENGER 604 2010 CHALLENGER 605 2008 CHALLENGER 850 2009 GLOBAL XRS 2014 GLOBAL 5000 2015 GLOBAL 6000 1991 CITATION II 2010 GULFSTREAM G150 1988 GULFSTREAM GIV 1995 GULFSTREAM GIVSP Search aircraft listings Sort by manufacturer 2010 FALCON 7X 2006 Citation XLS 2000 Global Listing Express brochures 2006 HAWKER 400XP 2003 CRJ 200 2001 Hawker 800XP Recent Jetcraft news 2009 LEARJET 75 1997 CRJ 100SE 2002 LearView 45 upcoming events 2010 LEGACY 2008 Falcon650 2000DX 2010 Lear 45XR 2003 Falcon 2000EX 2003 Legacy 600 1990 Falcon 50 2012 Lineage 1000 1991 Falcon 50 1996 Sikorsky S-76B 2000 Falcon 50EX 2012 Falcon 7X

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