August 2007
XOJETs New Crew Lodging Services Contract
(August 5, 2007)XOJET is making an effort to reduce costs and internal resource use for lodging and management of crew members. LodgeX Airline Solutions works to provide convenient and cost effective arrangements for airline crews specifically. Using LodgeX allows XOJET and other clients to forecast their lodging needs ahead of time according to flight schedules, and accommodate them. David Cox said: “Our model is focused on driving out operational inefficiency, and LodgeX Airline Solutions’ record of innovation in the airline industry makes them a great partner for us.†LodgeX is thrilled to have a contract with one of the largest private airlines around, and they say they are happy that XOJET will be able to take full advantage of what they have to offer with hotels and other services nationwide. XOJET currently provides the most cost efficient ownership solution for private jets, and reducing the costs for crew lodging is just one more step in dropping prices even further.
The Race for Corporate Jets Changes Direction
(August 2, 2007)Ocean Sky Aviation recently acquired an old executive jet business based out of Manchester Airport, for the hefty price of £10m. Northern Executive Aviation, once owned by Dutch investor Andre Van Gils of Switzerland, is now the newest branch of Ocean Sky’s repair and VIP facilities. NEA has had an increasingly impressive record over the last three years, since they have been reporting growth. Just last year the company had sixty employees, and did £9.2m worth of business. This year they hope to reach £11m. When NEA first began in 1961 it operated as a repair station for executive aircraft, as well as a charter for VIP flights. Ocean Sky intends to rename the old NEA headquarters as the Ocean Sky Jet Centre, and Ocean Sky Engineering. Kurosh Tehranchian, chief executive of Ocean Sky, said: "We can now use [NEA] as a springboard for expansion into other airports around Europe." Ocean Sky has its own impressive history, posting £12m in revenues just last year, and expecting to double those numbers this year, not including revenues from their newest acquisition. Two of the largest and most notable executive charters in Europe have just merged to create a superpower that they intend to take to a whole new level of travel and repair services, allowing people to avoid the hassle and cost of taking regular flights into busy airports.
New SkyCatcher Light Sport Aircraft Catches 400 Orders
(August 2, 2007)The Textron-owned Cessna Aircraft Company reported that it has already received 400 orders for its recently released SkyCatcher light sport aircraft, all within the first two days of AirVenture 2007, the yearly convention of the Experimental Aircraft Association. The Skycatcher, which was revealed on Sunday, offers a Garmin glass cockpit, the G300 and on lightweight Teledyne Continential O-200D engine. Jack J. Pelton, CEO, chairman and president of Cessna, said, "Orders in the first two days have been outstanding and support our business decision to enter this booming new market. The combination of new technology in the Garmin avionics suite and lighter-weight Continental engine, and Cessna’s reputation for high quality production and world-class product support are proving to be the right mix sought by people looking for a low-cost aircraft option. The tremendous response by the market has prompted us to extend our introductory price of $109,500 to the end of AirVenture." Initially, Cessna reported that it was testing an LSA entry at the 2006 AirVenture in order to study market interest. On July 10, Cessna announced that it would continue with its plans to unveil the LSA at this year’s AirVenture. For more information on the Skycatcher and ordering, check out the website at www.cessnaskycatcher.com Cessna Aircraft Company is the largest maker of aircrafts in the world. Last year the company delivered more than 1200 aircrafts including 307 Citations jets. Revenues were reported at approximately $4.2 billion. For more information visit www.cessna.com Textron Inc is multi-billion dollar company with headquarters in more than 30 countries and nearly 40,000 employees. Textron is famous for its well-known brands including Bell Helicopter, Cessna Aircraft Company, Jacobsen, Greenlee, Textron Systems and Textron Financial Corporation. For more information visit www.textron.com
