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Interwiew with José Eduardo Costas Gulfstream Sells Final G150, Marks End of 10-Year Production Run Gareth Dankers View of Busi

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Interwiew with José Eduardo Costas Gulfstream Sells Final G150, Marks End of 10-Year Production Run Gareth Dankers View of Busi www.aviation-times.aero AUTUMN2016 INTERWIEW WITH JOSÉ EDUARDO COSTAS CEPA EXPO ANNOUNCES 2016 DATES GULFSTREAM SELLS FINAL G150, MARKS END OF 10-YEAR PRODUCTION RUN GARETH DANKERS VIEW OF BUSINESS AVIATION IN CEE Inteview with Antonia Lukacinova CONTENTS INTERVIEW – José Eduardo Costas 4 FBO RIGA Opening new Fronts for Riga Airport 7 Gareth Dankers view of business aviation in CEE 12 Cessna celebrates segment leadership with 5,000th EURO JET Opens New Lounges in Citation light jet delivery 10 Karlovy Vary and Dubrovnik 13 Tallinn Airport Awarded Title of Responsible Business Operator 10 CEPA Expo 2016 coming in few weeks 14 Gulfstream Sells Final G150, Marks End Of 10-year Production Run 11 Russian Helicopters CEO Alexander Mikheev’s Contract Extended for 5 Years 14 FL Technics adds Airbus A330 to its CAMO 11 Airbus’ Beluga XL Transporter Continues to Take Shape 15 3 INTERVIEW HIGHLIGHTS OF THE • Today there are approximately 20,950 business jets in operation around the world. BUSINESS JET FLEET • Europe is the 2nd biggest market, behind US only. IN EUROPE • There are around 2,870 bizjets based in European countries (14% of total). • The Top 5 European fleet correspond to 47% of total business jets in region: Germany: 15,0% | UK: 12,0% | France : 8,0% | Switzerland: 6,2% | Austria: 6,0% • Today there are more than 1035 Embraer business jets in operation around the world: 1.5% of EEJ fleet, equivalent to 16 jets, are currently based in Central East Europe: • Czech Republic: 9 Embraer jets (8 Legacy 600/650 and 1 Phenom 100). • Poland: 5 Embraer jets (2 Legacy 600, 2 Phenom 100 and 1 Phenom 300). • Romania: 1 Embraer jet (Phenom 100). • Slovak Republic: 1 Embraer Jet (Legacy 650). Source: Jetnet database (base region). September 2016. What are the key issues facing Eu- is still ongoing and hopefully will economy driven business models. ropean business aviation in 2016? help to optimize the European fleet In longer term, some of the busi- The European business aviation and increase utilization, leading to ness aviation orthodoxies such as remains the second largest regional a growing opportunities for aircraft its exclusivity appeal are at a cross market in the world in terms of replacements and additions. There roads. On the other hand, the abili- new aircraft sales and pre-owned are however a good number of ty to deliver final user benefits such aircraft transactions. However, the “pockets of growth” where GDP as more speed, comfort and the region is taking longer to recover will increase above EU average in- flexibility in reaching final point- since the financial crisis, 8 years cluding some countries in Central to-point destinations, continue to ago. Some of the growth funda- Europe. This is encouraging news leverage its value position when mentals are yet to recover such as for business aviation, of course. compared to other transportation the current traffic levels, residual Also, we believe business aviation modes, and even when compared values of pre-owned aircraft, the service models are about to rein- to current airlines services in major economic growth and political vent their selves. Last time it hap- hubs. “The belief that business aviation is purely an exclusive and stability perspectives. pened was more than 15 years ago Currently, business aviation traffic with major fractional ownership With uncertainty in the financial luxury driven way of traveling is changing in a global basis. in Europe is pretty much the same companies in US, mainly. The ad- markets how do you this impact- We see this as an increasing trend,” thinks José Eduardo Costas, as last year, eastern region doing vent of new, more efficient aircraft ing on European business avia- better than west and south. How- models, new fleet management tion? Head of Sales for Pre Owned Aircraft from Embraer Executive Jets. ever, there is a good recovery track tools and services as health moni- Uncertainty in financial markets Three quarters of the 2016 are over and we were talking how Jose in total movements of light jets, toring systems may be enablers of a affects all sort of business including especially under charter opera- new era, where fleet efficiency will business aviation. Eduardo sees European business aviation market. tions. The charter consolidation be key to meet demand for shared However, it looks like this has 4 www.aviation-times.aero / AUTUMN2016 5 become the new norm since 2008, will need to react and adapt. The use of the fleet and then bring more so we believe that the industry as a drones markets and applications opportunities for fleet growth. whole is adapting to such condition are in their infancy and will have as well as the users and customers to be followed closely by regulators How you see European business of business aviation, translated and associations. aviation in five and ten years’ into more judicious investment time? decisions, either for replacement or European business aviation Since business travelers are all for acquiring new or used aircraft. growth has remained relatively about time savings, more and more At the same time, the demand of static in recent years, what executives and entrepreneurs will people that need to fly would you suggest as a solution to start viewing private aviation as to a location with poor schedule change this situation? an insurance against many ser- services or that are not offered by The low utilization of the European vice-related disruptions, common commercial aviation, entices the bizav fleet over the last years has to commercial aviation services. creation of different business mod- triggered a number of changes to- Moreover, the price to fly a private els. Even with uncertainty in the wards fleet “right sizing”. The belief jet is getting closer to the cost to fly FBO RIGA financial markets, the Economic that business aviation is purely an in a first class. The “shared econ- growth in Europe remains stable exclusive and luxury driven way omy” phenomena will certainly overall at 1.9 per cent (prior-year of traveling is changing in a global lead business aviation to rediscover period: 1.9 per cent). In addition, basis. We see this as an increasing itself in a large scale, thus involving Opening new Fronts the funding sources for aircraft ac- trend. all of its ecosystem, from OEM´s to quisition has remained satisfactory. First we see space for charter con- operators and final users. We have seen new financial entities solidation, where a reduced number interested in entering the aircraft of operators but with a larger fleet Do you believe Brexit will have for Riga Airport financing and leasing market and can rationalize admiistrative and an impact on European Business some of them are European. operating costs. The next challenge Aviation and if so will it be a posi- is to rationalize the fleet, either tive or negative impact? With an opening of an The construction started in 2013 at a cost 12.5 The rapid growth in the use of because some aircraft may be too In the short term perhaps, as ultra-modern business million Euros. The business center has a 1200 square drones and the many purposes old or the new and forthcoming uncertainty always impacts any aviation center in meter business aviation terminal and a 8400 square for which they are being used, operational requirements will business. UK is a very important is having a dramatic increase in demand considerable investments market and will always continue to September 2015, FBO RIGA meter heated hangar for both fixed wing and rotor the number of incidences of near depending upon the aircraft model be. We expect that all the conse- continues to push for better craft. There is an adjacent car park, an apron with misses with aircraft. How would and age. On the user side we also quences of Brexit in regards to customer experience. The parking stands for private business jets, and a you like to see the use of drones see a trend that the decision to fly a aircraft operations within Europe, center is the biggest in helipad. regulated in European airspace? specific aircraft from point A to B is aircraft taxes, etc. are all defined the Baltics and the EU. It FBO RIGA co-owners Roman Starkov and Leonid We are not involved in the drone been taken by using internet based and understood the soonest. Hav- business, however, as already said apps instead of traditional calls to ing said that, we continue to have highlights the growing Gorodnitsky stated that the company undertook before, Embraer is always in favor charter companies and brokers. strong leads and prospects in the significance of Riga Airport this development with the huge potential of Latvia of initiatives to increase safety. Technology is allowing information region even after the Brexit an- as a business aviation hub as an aviation hub in mind. There was a need for Technology development will and decision literally at fingertips. nouncement. for the Scandinavia and these services owing to the geographical location continue of course and, as such, it Trip price comparisons are becom- Baltic region. of the country. Latvia is strategically located and is will challenge established systems ing the norm and this will likely and infrastructure that on its turn allow a quicker and more efficient accessible by flights from Asia en route to southern and western Europe. 6 www.aviation-times.aero / AUTUMN2016 7 Range of services 2000 passengers. The terminal is able to handle both The opening of the business aviation center has light aircraft such as Premier 1 and heavy jets like enabled FBO RIGA to offer ground handling services the Boeing 707.
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