Supplier Spotlight

Latest video

McKinney National Airport breaks ground on new US$16m FBO terminal

The city of McKinney has broken ground on the future home of the US$16m McKinney Air Center, a state-of-the-art fixed-base operator (FBO) terminal at the McKinney National Airport. The terminal will span 17,000ft2, in addition to a 40,000ft2 transient hangar. Read more on this story here.

23rd April 2018



Donegal ranked as world’s most stunning runway in 2018 Scenic Airport Poll

Private jet booking platform, PrivateFly, has revealed the results of its Scenic Airport Poll 2018, with Ireland’s Donegal Airport being ranked as the world’s most beautiful landing spot. The annual survey, which was conducted in February 2018, asked 8,500 travellers to name their top landing location. Other airports listed in the top ten include Barra in Scotland, Nice in France and Queenstown in New Zealand.

12th April 2018



Can you name the US airport in the picture below? The hub is home to fixed-base operations from Jet Aviation and Ideal Aviation.

Weekly Image Poll

News

Strong economic growth in India fuels business aviation market

Research from Global Capital Jet, a provider of financing solutions for large-cabin, long-range business jets, has revealed strong growth in the Indian business aviation market with 70 mid to heavy business jets delivered between 2006-2015 with a combined value of US$3.5bn.

This growth is being driven by an increase in GDP in the country, according to Simon Davies, vice president, sales – India, Global Jet Capital. “For the fiscal year 2015-2016, India’s GDP growth was around 7.6%, and some market commentators are predicting that growth will gain momentum in 2016-2017, with GDP growth of around 7.8%,” he said.

“Demand for business aviation is closely correlated to economic growth so we believe in the long-term, India will see a significant increase in demand for business jets. This is already a very attractive market for us, and we expect it to become even more appealing in the coming years.”

The Indian business aircraft fleet has a greater proportion of mid-sized to heavy jets than the global average – 44% of the Indian fleet is classed as mid-sized to heavy, compared with a worldwide figure of 31%, indicating that demand for finance from Indian buyers is likely to be greater than from other regions. According to the research, 80% of the funding used to purchase these aircraft, which typically cost between US$25m and US$75m each, was through external financing.

June 28, 2016


RECEIVE THE
LATEST NEWS


Your email address:



Read Latest Issue

Exclusive Articles

Atiesh Mishra, aviation consultant at AJM Jet Management and aircraft sales representative at Boutsen Aviation, explores the potential market for an air ambulance operation in India.
Click here to read more


BACA, the worldwide association of air charter professionals, discusses the limitations to overnight flight movements to and from London airports set to make an impact this summer.
Click here to read more


Cdr. Bud Slabbaert, initiator and chairman of the annual Caribbean Aviation Meetup conference and expert in strategic communications and business aviation development, discusses this year’s event and its evolving potential for the future.
Click here to read more



Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the business airport community? Good or bad, we'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to helen.norman@ukimediaevents.com

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email jag.kambo@ukimediaevents.com

Supplier Spotlight

Supplier Spotlight Want to see your company included? Contact jag.kambo@ukimediaevents.com for more details.