Weekly Wrap-up Video Update 4/15/16
Here are the top aviation news stories that you may have missed this week. Let us know what you think by commenting below. Be sure to subscribe on Youtube to be the first to get the Weekly Wrap-up Video Updates. Also, if you missed last week’s Wrap-up, you can catch it here.
G600 Test Flight
Gulfstream recently installed the wing on its first G600 flight test aircraft. Due to the company’s steady progress, Gulfstream believes it may have its first G600 test flight by the end of 2016 instead of in 2017 as originally forecasted.
Testing of the G500 is well underway, with four test aircraft racking up more than 800 hours. The first production aircraft is being outfitted with an interior to test cabin elements. The G500 and G500 are expected to deliver in 2017 and 2019 respectively.
Boeing & Iran
Boeing met with a number of Iranian carriers and industry contacts within the region in an attempt to open a dialog and work towards normalizing relations. Since nuclear sanctions were lifted in January of this year, both sides have been eager to explore new opportunity and potential. Iranian transport minister, Abbas Akhondi, stated that the country likely will need 500 aircraft to be competitive with all major regional airlines.
Demand within the region was underscored when Iran Air announced a signed agreement for the acquisition of 118 Airbus aircraft earlier this year. Although Boeing’s talks are a significant step, future deals may face unique challenges as U.S. Iranian relations evolve.
This year’s ABACE conference was kicked off by keynote speaker and ICAO’s Secretary General Dr. Fang Liu. During her speech, Liu emphasized that business aviation is an integral member of the civil aviation community and an important contributor to economic, social and cultural development.
Liu also added that ICAO is committed to accommodating the unique needs of business aircraft users from a standards and policy perspective. 2016’s ABACE had its largest presence since its inception with 160 exhibitors. The conference and exhibition ran between April 12th through the 14th in Shanghai China.
Winglets Saves Billions
Aviation Partners estimates that their blended winglet technology has saved the world’s business and commercial jet operators an estimated 6 billion gallons of jet fuel. This is an equivalent to 64-million-tons of C02 emissions, enough to cover the size of Texas and California (1.1 million km2) three feet deep (1 meter).
The API winglets, which reduce drag by reducing wingtip vortices, are installed on over 7,000 business and commercial aircraft. The company projects that the winglets will have saved more than 10 billion gallons by 2019.
FAA Part 23 Meeting
The FAA has scheduled a two-day public meeting to address new Part 23 changes that are aimed at modernizing the aircraft certification process. The goal is for the certification process to be focused on performance and encourage innovation.
The meeting will explain the rule, answer questions and provide a venue for interested parties to provide input. The agency looks to take public comments into consideration before making its ultimate decision. The meeting will be held on May 3rd and 4th at Georgia’s International Convention Center.
5280 Aviation is a Denver based team of aviation experts specializing in aircraft sales and consulting. Weekly, 5280 Aviation brings you a curated list of aviation news stories that you may have missed. We keep our finger on the pulse of the industry so you don’t have to. Visit aircraft-sales.com and learn more about our services and how we will help you.