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United Technologies buys Rockwell Collins for $30 billion

United Technologies buys Rockwell Collins for $30 billion

With the completion of United Technologies Corporation’s (UTC) $30 billion acquisition of Rockwell Collins, one of the world’s largest aerospace equipment suppliers, the effects will ripple throughout the aviation industry. The new acquisition, which was closed on November 26, will

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One Minute Asia Week

One Minute Asia Week

One Minute Asia Week is a new weekly newsletter dedicated to bringing you everything that is happening in business aviation in Asia. Each week there are hundreds of news stories in business aviation. One Minute Asia Week gives you the

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Piaggio declares itself insolvent

Piaggio declares itself insolvent

Piaggio, the Italian manufacturer of the Avanti series of turboprop business aircraft, has declared itself insolvent and has asked to go into receivership. The firm had faced a tough sales environment for its turboprop range recently, only selling a handful

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How do you solve a problem like Hong Kong?

How do you solve a problem like Hong Kong?

Hong Kong is regularly ranked as one of the top five places in the world to do business. But it is one of the least friendly to land a business jet. Business aviation was never factored into the airport’s original

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Hong Kong: Playing the slots

Hong Kong: Playing the slots

Hong Kong might be ranked the fourth best city in the world in which to do business, yet business-jet operators are finding it increasingly difficult to gain access to its airport. Business aviation movements are handled at the airport by

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Deer Jet  for sale as over-extended HNA Group looks for cash

Deer Jet for sale as over-extended HNA Group looks for cash

HNA Group is looking to sell Deer Jet, the largest business jet operator in China. The Chinese airline-to-hotel conglomerate is looking to raise cash to repay debt due in 2019. The company had hoped to sell Deer Jet for RMB3

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Rationality in an irrational market

Rationality in an irrational market

Mike McCracken, president of Hawkwye Aircraft Acquisitions, argues that the pre-owned aircraft is ruled by human behaviour rather than pure economic theory. And that back-t0-back deals damage the market.   In the standard economic model, markets should perform rationally.  The assumption

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Luxaviation says it won’t be at EBACE 2019 because it is too expensive

Luxaviation says it won’t be at EBACE 2019 because it is too expensive

In an open letter to the European Business Aviation Association (EBAA), Patrick Hansen, the CEO of the Luxaviation Group, says that his company will not be participating in the 2019 European Business Aviation Conference & Exhibition (EBACE) due to the

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Denzil White returns to Metrojet

Denzil White returns to Metrojet

Denzil White has returned to Hong Kong’s Metrojet, as the new managing director of the aircraft management and charter department. White had previously worked for Metrojet as its director of operations, before heading up HNA Group’s Hongkong Jet division. White

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Don’t buyback in anger

Don’t buyback in anger

Despite the high levels of activity in the pre-owned market and some genuinely exciting products – such as Bombardier’s Global 7500 which was certificated by the FAA this week – selling new aircraft is still hard work. Things are a

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