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Enstrom bankruptcy | Air Partner acquisition | IS-BAH for Jet Aviation | Embraers' order backlog

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February and beginning of March were full of news and updates in the industry. 

Enstrom helicopters dramatically goes bankrupt.

Enstrom Helicopter Corp., one of the most legendary helicopter manufacturers, declared bankruptcy and ceased operations, and the company is liquidated, and there is no potential for reorganization. The bankruptcy process passed dramatically in a month. In December 2021 company delivered last helicopters to customers, on January 7 stopped receiving order , on January 19 stopped technical support and maintenance. On February 21st heading company announced bankruptcy of legendary Enstrom Helicopters Corporation, that celebrated 60-years anniversary in 2019. This was due to serious financial difficulties, and as a result, Enstrom stopped accepting orders for new machines and stopped technical support. The Enstrom director said all existing contracts and agreements with the company would become void.

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Wheels UP is going to acquire Air Partner.

Air Partner will provide Wheels Up the ability to expand its service offerings internationally, and Wheels Up expects Air Partner to leverage Wheels Up's investments in operations, service and technology on a global basis with an active and engaged customer base. Wheels Up Experience Inc. , the leading brand in private aviation in the US, announced it had reached an agreement to acquire Air Partner PLC (LSE: AIR), a U.K.-based global aviation services group with operations in 18 locations and across four continents. The acquisition will value around 107 million USD and is expected to close later in the first quarter subject to shareholder and regulatory approvals.

Air Partner CEO Mark Briffa  told that proposed acquisition had a compelling strategic rationale, bringing together two businesses with complementary offerings and values for the benefit of their customers. He was extremely proud of Air Partner, they had built a fantastic team and a highly attractive business and Wheels Up's offer was a clear acknowledgment of that. 

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Jet Aviation get IS-BAH Stage II certificate.

Jet Aviation FBO network in Australia has received International Standard for Business Aircraft Handling (IS-BAH) Stage II safety registration. All 5 FBO station were certified - Sydney, Brisbane, Perth, Cairns and Darwin. Stage Two ensures that safety management activities are appropriately targeted and that safety risks are being effectively managed.

Andy Gahan, Jet Aviation’s general manager of FBO operations in Australia commented: “Safety and quality are key priorities at Jet Aviation, and these new IS-BAH certificates demonstrate that our Australian operations are at the top of their game. I am incredibly proud of the passion and dedication of our teams and admire their commitment in working together to achieve these valued accreditation.”

Jet Aviation will continue its efforts to provide sustainable choices and recently announced that it has entered into an agreement with  global leader of Sustainable Aviation Fuel (SAF) and related solutions, to offer SAF to customers universally through a Book & Claim service.

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Embraers’ orders biggest backlog since 2018.

Embraer, Brazilian business jet, commercial and military aircraft manufacturer, experiences the biggest order backlog for business jets since 2nd quarter or 2018. According to the report, the backlog amount totals to 17 billions USD. Despite the total number of delivered in 2021 jets was higher that in 2020, the fourth quarter of 2021 was the lowest one – company delivered 39 business jets that is down four on 2020 total of 43 business jet deliveries. On on the other hand, Netjets order for up to 100 additional Phenom 300s worthing more than $1.2bn may save the situation. Emraber should supply aircraft to by the second half of 2023. 

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Aviapages website update.

Aviapages started the process of major website redesign. New features, simpler navigation and user-friendly search are already available. Will be glad to receive your feedback and proposals.