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Netjets Tackles Boom in Business Sales of Shares, Leases, and Jet Cards for Light Jets

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Netjets Tackles Boom in Business Sales of Shares, Leases, and Jet Cards for Light Jets PUBLICATIONS Vol.50 | No.8 $9.00 AUGUST 2021 | ainonline.com Due to “unprecedented” demand, NetJets has temporarily paused NetJets tackles boom in business sales of shares, leases, and jet cards for light jets. That includes the Embraer Phenom 300 (shown by Chad Trautvetter here) and Cessna Citation XLS. NetJets has “temporarily paused” sales of selling “NetJets” fractional shares in 1986). service employees through year-end and OEMs fractional shares, leases, and jet cards for It added that inventory constraints within investing nearly $2.5 billion for 100 new the Cessna Citation XLS and Embraer Phe- the light jet category have reached a point aircraft to be delivered between now and Major upgrades to nom 300 due to “unprecedented demand that additional NetJets fractional sales the end of 2022. n Pilatus PC-24 page 8 within the private travel industry,” a com- before more aircraft are delivered would pany spokeswoman told AIN. “The deci- put service at risk. Read Our SPECIAL REPORT sion to pause light jet sales, in addition to “While most NetJets owners have expe- Research previous announcements regarding raising rienced business as usual in their recent NIAR adds mx to maker card prices and eliminating peak period travels, a few have felt the challenges that page 17 day travel on card purchases, allows the coincide with heightened demand across Product Support labs company to continue…delivering the best the industry,” the company said. “The vast The results of the AIN 2021 Product possible experience to all owners.” In the number of flights is taxing the air travel Support Survey for business aircraft Safety meantime, the company is putting prospec- infrastructure in ways we haven’t seen in airframe manufacturers are in and Retired Sumwalt recalls tive customers for light jets on a waitlist. years—everything from fueling and ramp show that AIN readers are passionate According to NetJets, record contract space to catering and ground transportation about the aircraft they fly, maintain, NTSB stint page 28 utilization by existing fractional owners are being pushed to their limits in many loca- and operate. has resulted in flight demand currently tions. This is mainly due to demand across Avionics exceeding all other highs in the company’s the industry, as well as staffing challenges.” page 20 57-year history (the company was founded To meet continued demand, NetJets News from the AEA in 1964 as Executive Jet Airways and started said it is hiring hundreds of pilots and convention page 34 CLEANER AIRSPACE. prae•tor six hun•dred : superior cabin health with standardized HEPA filters and Microshield360 protection +1 321 751 5050 | embraer.com/human CLEANER AIRSPACE. prae•tor six hun•dred : superior cabin health with standardized HEPA filters and Microshield360 protection +1 321 751 5050 | embraer.com/human INSIDE this issue JAMES HOLAHAN "1921#2015$, FOUNDING EDITOR WILSON S. LEACH, FOUNDER & CEO EDITOR!IN!CHIEF – Matt Thurber NEWS EDITOR ! AIN PUBLICATIONS " Chad Trautvetter SENIOR EDITORS " Charles Alcock, Curt Epstein, Kerry Lynch Gregory Polek – Air Transport, Jerry Siebenmark CONTRIBUTORS David Donald – Defense Mark Huber – Rotorcraft Jennifer Leach English David Jack Kenny – Safety Gordon Gilbert Richard Pedicini James Wynbrandt PRODUCTION MANAGER " Martha Jercinovich GRAPHIC DESIGNERS " John A. Manfredo, Grzegorz Rzekos 17 14 DIGITAL SOLUTIONS MANAGER " Michael Giaimo DEVELOPER " Ryan Koch PRODUCT DIRECTOR OF VIDEO " Ian Whelan SUPPORT CHIEF OPERATING OFFICER " Dave Leach SURVEY VICE PRESIDENT SALES & MARKETING " Karl H. Elken ASSOCIATE PUBLISHER " Nancy O’Brien The AIN Product ADVERTISING SALES Support Survey Melissa Murphy " Midwestern U.S., +1 (830) 608-9888 Nancy O’Brien " Western U.S./Western Canada/Asia Pacific, results show +1 (530) 241-3534 that readers are Joe Rosone – Mid-Atlantic U.S./Southeast U.S./Caribbean/Brazil, +1 (301) 693-4687 passionate about Diana Scogna " Europe/Middle East, +33 6 62 52 25 47 the aircraft they Victoria Tod " Northeastern U.S./Eastern Canada/Great Lakes U.S./ fly, maintain, and United Kingdom, +1 (203) 733-4184 operate. Yury Laskin " Russia, +7 05 912 1346 12 20 AUDIENCE DEVELOPMENT MANAGER " Nicole Bowman MARKETING AND CLIENT SERVICES MANAGER " Lisa Valladares SALES AND MARKETING COORDINATOR " Adam Brandwein AIRPLANES and ENGINES ENVIRONMENT SOCIAL MEDIA MARKETING " Zach O’Brien SALES ADMINISTRATOR " Cindy Nesline 8 Pilatus refines PC-24 with 12 Joby teams with JetBlue, cabin, avionics upgrades Signature on carbon credits DIRECTOR OF FINANCE & HUMAN RESOURCES " Michele Hubert ACCOUNTS PAYABLE " Mary Avella 12 EASA certifies Textron’s Citation Longitude ACCOUNTS RECEIVABLE " Bobbie Bing INDUSTRY and MANAGEMENT 14 Third Falcon 6X joins flight-test fleet 6 IADA warns of shortage in U.S. HEADQUARTERS 214 Franklin Ave., Midland Park, NJ 07432, +1 (201) 444-5075 AIR TRANSPORT ‘quality’ preowned aircraft Advertising Inquiries: +1 (201) 345-0085 18 GDC Technics faces liquidation [email protected] 36 IATA calls for clarity as airlines bleed cash Circulation Inquiries: +1 (201) 345-0085 27 Report says it’s ‘party time’ for bizjets [email protected] 36 European airlines lobby to keep WASHINGTON, D.C. EDITORIAL OFFICE: slot rule waivers in place Kerry Lynch (business aviation) MAINTENANCE, MODs, and COMPLETIONS [email protected] 36 Kremlin committed to CR929 17 NIAR modification lab obtains part 145 certificate Tel: +1 (703) 969-9195 despite grim market prospects EUROPEAN EDITORIAL OFFICE: 20 2021 AIN Product Support Survey Charles Alcock 37 Porter Airlines revealed as major E-Jet customer [email protected] Tel: +44 7799 907595 37 Pandemic speeds move toward digital training PEOPLE THE CONVENTION NEWS COMPANY, INC. 37 Airbus delivers 77 airliners in June 12 Global Jet Capital appoints Kaushal as new CEO AIN PUBLICATIONS EXECUTIVE TEAM 28 Sumwalt reflects on NTSB career, views on safety Wilson Leach Jennifer Leach English Karl H. Elken AIRSHOWS and EVENTS Matt Thurber Dave Leach 44 Back in the live show saddle REGULATIONS and GOVERNMENT Michele Hubert Nancy O’Brien 29 NTSB’s Landsberg: urgent Aviation International News (ISSN 0887-9877) is published thirteen times per year (monthly plus a special NBAA Convention News issue AVIONICS and TECHNOLOGY need to overhaul notams in November). Periodicals postage paid at Midland Park, N.J., and additional mailing o!ces. Postmaster: Send address changes to Aviation 34 AEA show celebrates return to live events International News, P.O. Box 8059, Lowell, MA 01853 USA. Allow at least 34 FAA approves first general ROTORCRAFT eight weeks for processing. Include old address as well as new, and an address label from a recent issue if possible. Subscription inquiries: +1 (201) aviation head-up display 30 UK S-92 near-CFIT highlights 345-0085 or email: [email protected]. 35 JetTech STCs add new features for CitationJets hazards of MVFR flight Aviation International News is a publication of The Convention News 32 F. Lee Bailey’s Enstrom tenure creative, chaotic Co., Inc., 214 Franklin Ave., Midland Park, NJ 07432; Tel.: +1 (201) 444-5075. 35 Blackhawk buys Columbia Copyright © 2021 All rights reserved. Reproduction in whole or in part 33 South Africa’s ‘Rocket’ Air without permission of The Convention News Co., Inc. is strictly prohibited. The Avionics & Aircraft Services Convention News Co., Inc. publishes Aviation International News, AINalerts, ambulance service takes o! AIN Air Transport Perspective, AINtv, Business Jet Traveler, BJTwaypoints, 35 Appareo debuts AIRS-400 4K image recorder ABACE Convention News, Dubai Airshow News, EBACE Convention News, 33 FAA approves H160’s Safran Arrano engine Farnborough Airshow News, FutureFlight.aero, HAI Convention News, 35 West Star, Collins team up on LABACE Convention News, MEBA Convention News, NBAA Convention Citation CJ1+ Fusion upgrade News, Paris Airshow News, Singapore Airshow News, Mobile Apps: SAFETY Aviation International News; AINonline. PUBLICATION MAIL AGREEMENT NO. 40649046 RETURN UNDELIVERABLE CANADIAN ADDRESSES TO: PITNEY CHARTER and FRACTIONAL 10 Steep climb for U.S. bizjet accidents in first half BOWES INTERNATIONAL MAIL, STATION A, P.O. BOX 54, WINDSOR, ON, N9A 6J5, 1 NetJets tackles boom in business 19 Less flying degrades pilot skills returns [email protected]. 6 Wheels Up now a public company on NYSE DEPARTMENTS 8 New Brazilian frax firm Amaro takes 42 Accidents | 34 Avionics Update PUBLICATIONS delivery of its first Pilatus PC-24 45 Compliance Countdown | 16 Expert Opinion 14 For feedback, letters to the editor, or other editorial needs, Elit’Avia to sell HondaJets in 40 Hot Section | 8, 10, 12, 14 News Briefs please contact AIN’s Editors at [email protected] France, parts of Africa 46 People in Aviation | 38 Touching Bases 4 Aviation International News \ August 2021 \ ainonline.com A WORLD OF SUPPORT Wherever your destination, Gulfstream Customer Support has you covered. With an extensive force of experts around the world, we offer responsiveness matched only by our devotion to detail. It is our pleasure to serve you. As We Go To Press EPIC E1000 GX OBTAINS FAA NOD early last month in Canada. Canada TSB Epic Aircraft’s latest version of its all- investigators determined that the pin composite turboprop single, the E1000 on that helicopter failed, leading to the GX, received FAA approval in mid-July. The detachment of the rotor hub and main upgraded E1000 GX features improved rotors in flight. The pin had only 20 hours performance and safety thanks to the of service. An inspection of another addition of a Garmin GFC 700 automated Canadian-registered 212 found another pin flight control system and Hartzell five- was deformed with only 29 hours time blade composite propeller. Garmin’s GFC in service. Affected pins are identifiable 700 provides flight director, autopilot, yaw with the serial number prefix “FNFS.” INTOSH c damper, and automatic trim capabilities, Bell said the pin “may have not been as well as emergency descent protection manufactured in accordance with the DAVID M and coupled go-arounds.
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