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Tuesday
Nov272007

Signature's Portfolio Bulges with New FBO Acquisitions

Signature Flight Support's acquisition spree passed new milestones this fall. In October, Signature acquired Marathon Flight Services at Kissimmee, Fla., Gateway Airport and Carolina Air Center in Hilton Head, S.C. This month, Signature announced it had acquired Regent Aviation's FBOs in St. Paul and at the Rochester International Airport in Minnesota.

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Tuesday
Nov132007

Identifying Expansion Opportunities in the Middle East

Sales of aircraft at this week's Dubai Airshow have already exceeded $75 billion and are a fresh indicator of business aviation's fast-paced growth in the Middle East. "Interest in Boeing Business Jets and VIP models continues to grow in the Middle East, and, in fact, 29 percent of our customer reside there, followed by 26 percent in North America and 23 percent in Europe," says Vicki Ray, a Boeing spokeswoman.

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Tuesday
Nov132007

Bombardier's Learjet NXT Reels in Letters of Intent

Bombardier's new Learjet NXT product was launched less than one month ago, and the midsize aircraft has already generated more than 65 letters of intent. In size, the aircraft falls between Bombardier's $13.3 million Learjet 60XR and $21 million Challenger 300. It seats eight passengers, has a 3,000-nm range, a high-speed cruise of Mach 0.82, and a transcontinental range pushing 3,000 nautical miles.

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Tuesday
Oct232007

Business Jet Aligns Charter Operators to Find and Sell Empty Seats

Business Jet Seats, a new venture based in West Palm Beach, Fla., is on the hunt to aggregate and fill empty charter jet seats and generate more revenue for its member charter operators.

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Tuesday
Oct232007

Jetscape Plans FBO Expansion

Jetscape Services, the owner of one FBO at Ft. Lauderdale/Hollywood International Airport, is working on an acquisition plan that could take it into Latin America among other markets. This plan hinges on Jetscape's recent announcement that it is working with the Frost Group, LLC, a private technology investment company in Miami.

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Tuesday
Oct092007

Avfuel's Creativity Enhances FBO Visibility

FBOs seeking to refuel their business development efforts consistently have access to new tools, thanks to Avfuel, a fuel source and a provider of unique marketing support for FBOs. AVCLUB, a program launched this year for Avfuel's FBOs and pilots, is an online forum that enables pilots to earn and monitor AVTRIP Points, which accumulate toward savings bonds, and discounted rates on industry magazines and AC-U-KWIK books.

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Tuesday
Oct092007

Flightline and Team Break Ground on TLH'S New Avant Garde FBO Features

The Tallahassee Regional Airport is fast becoming home to one of the most sophisticated FBOs in the Southeast. New resources under construction at TLH will better position it to service cutting edge general aviation technology, including light jets, according to a press statement announcing the developments.

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Tuesday
Sep252007

PFM and ARINC Develop New Automated Management Features

Professional Flight Management recently announced that it is working with ARINC Direct to jointly develop technology solutions that automate flight management departments. Projects under way include enabling PFM to display domestic and international off/on position reports directly from ARINC, with automated updates; enabling PFM to pull online fuel data from ARINC Direct; and enabling PFM customers to request and display ARINC Direct flight plans without leaving PFM.

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Tuesday
Sep252007

Worldwide Sales Boost GA’s Record-Breaking Growth

Honeywell’s 2007 Business Aviation Outlook forecasts the delivery of approximately 14,000 new business aircraft through 2017, generating industry sales of $233 billion. For this year alone, the delivery of more than 1,000 new business jets was forecasted –up from 861 in 2006. Next year 1,300 deliveries are expected.

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Tuesday
Sep112007

U.S. Stock Jitters Ripple Through Global Markets

If there were any question that amergence of a global economy is a reality, one would only have to look at the impact U.S. markets had on global markets during the second week of August. The jitters experienced in U.S. markets with noticeable declines in a wide range of stocks set a rippling effect into world markets. While negative speculation created a wave of sell-off frenzies, the seasoned investor, like a professional pilot flying through unexpected turbulence, remained steady knowing their knowledge, expertise and skills would see them through into calmer air. Behind every cloud is a silver lining. As markets recover from a case of jitters, it is a proven fact a global market does exist even though each market is an independent entity. The good news is products and services remain strong, and the opportunity for economic growth is limitless.

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