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Duncan Aviation begins work on US$70m Utah maintenance facility

Duncan Aviation has begun construction on a new US$70m business aircraft maintenance, modifications and paint complex in Provo, Utah, in the USA. The company will add nearly 275,000ft² of buildings, with a 222,000ft² maintenance and modifications center and a 53,000ft² paint facility.

23rd October 2017

Gulfstream Aerospace celebrates flight test program milestone

Gulfstream Aerospace has reflected on the first ten flight tests for the Gulfstream G500 and Gulfstream G600 jets. The jets are twin-engine, with the G500 replacing the G450. The G500 has a range of 5,000 nautical miles (9,260km) at Mach 0.85, with nonstop flights connecting distant cities such as Istanbul to Cape Town, Los Angeles to London, and San Francisco to Tokyo. The G600 can fly 4,800 nautical miles (8,890km) at a high-speed cruise of Mach 0.90, and seats up to 19 passengers, with room for nine to sleep.

19th September 2017

Does the US government need to intervene in the market to ensure reasonable public access and transparent pricing in FBOs?


Veling Group expands business aviation footprint with brand new hangar in Mauritius

The Veling Group has opened a state-of-the-art 23,680ft² hangar at its 12-month old private aviation terminal at SSR International Airport, Port Louis in Mauritius, Africa.

The US$3m facility was built by Dorset, UK-based ReidSteel Group and comprises 19,375ft² of hangar space and 4,300ft² for offices and storage. The new MRO and aircraft parking facility is capable of housing four Dassault Falcon 900 jets or two Bombardier Global Express aircraft, side by side.

It has been built adjacent to Veling’s private terminal at the capital city’s airport, which opened in May 2014, complete with its YU relaxation lounge and refreshing plunge pool. The FBO handled around 300 arriving aircraft in 2014. Veling Group chairman and YU Lounge Group co-founder and chairman Uday Nayak visited EBACE in Geneva on May 19-21 to coincide with the expansion and to talk with potential partners who may be interested in running the MRO activity.

The company has also launched a new financing model for the business aviation sector in the form of an operating lease, which is being offered via Veling’s sister company, Veling Tayara. Veling Tayara is headed by former senior Embraer executives managing director Colin Steven, based out of Dubai, UAE, and non-executive chairman Ernie Edwards, from Florida, USA.

Veling Tayara’s proposition is to encourage high net worth individuals and corporations to lease their aircraft, rather than buy. “Why lock yourself into a US$50m investment when an aircraft can be leased? A lease won’t appear on the balance sheet, for everyone to see, and it gives the owner far greater flexibility to change or upgrade the jet three or five years later, just as the majority of the world’s airlines do,” Nayak said.

May 26, 2015


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