Tag: Turboprops

BizAv Traffic Falls in Europe; Will the U.S. Follow?

Business aviation reports out of Europe paint a declining picture of private charters. There’s been noticeable pullback in BizAv flights over the past 12 months ― as much as 16% since June 2018. Industry analysts expect the pullback to continue through the end of the year. Can the U.S. expect the same?

A look at the numbers

Concerns about BizAv on a global scale aren’t unwarranted. Figures out of Europe show a downturn in business flights across almost every sector ― several with double-digit decreases in traffic over the course of a year. As of June 2019, the figures for BizAv in Europe included:

  • Turboprops fell 28.6%
  • Large aircraft slid 14.4%
  • Light jet traffic dropped 5.3%
  • Midsize jets dipped 4%

The only segment of BizAv currently up year-over-year from 2018 is the super-midsize segment, which has seen a 4.8% increase in flights.

It’s also important to note that declines haven’t been consecutive. Europe’s BizAv market saw a spike in seasonal traffic in May, with all segments experiencing positive flight volume. The general decline is attributed to declines primarily from the fourth quarter of 2018 and the first quarter of 2019.

Short-term headwinds or long-term downtrend?

The decline in European BizAv is the result of several catalysts. Primarily, there are geopolitical concerns centered in Germany and the United Kingdom.

Germany’s economy has been slowing in 2019 and may enter recession territory in 2020. This pullback has contributed to belt-tightening among corporations that would otherwise contribute to BizAv statistics. Similarly, the uncertainty and relative mess of Brexit has hampered a large portion of BizAv traffic to and from London and other destinations. Combined, these two countries represent a significant portion of Europe’s BizAv sector. The result is plain to see: Continental flights are far below 2018 figures.

Interestingly, intercontinental flights are up. Flights to North America rose 5% and charters to Latin America saw explosive growth of 23%.

A glimpse into the future of U.S. BizAv?

Many have started wondering whether Europe’s BizAv troubles will arrive stateside. The U.S. economy appears to be following Germany’s cues toward a slowdown, and global trade tensions have eroded international relations. It’s conceivable that both will impact BizAv.

For now, however, the fears appear unwarranted. According to recent BizAv data, North America has seen an uptick of 2.4% in business aviation over the past 12 months. The FAA has forecasted strong growth in commercial aviation over the next 20 years, and BizAv is expected to follow. With the explosion of globalized commerce and continued expansion of economic hubs worldwide, it’s expected BizAv activity will maintain healthy growth over the long term.

Interesting enough, the tail end of 2019 could yield temporary downturn for BizAv – the fourth quarter tends to be the slowest of the year.

It seems for now Europe’s slowing BizAv sector is a unique problem. While some rippling effects are sure to hit North America, the U.S. remains on track for positive growth in the business aviation sector.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.

Focus on Turboprop: Daher’s TBM 940 Hits the Market

Daher recently announced the launch of its newest single-engine turboprop aircraft, the TBM 940. The French aircraft maker announced the launch during the Safety Seminar Meeting of the TBM Owners and Pilots Association in Pompano Beach, Florida, in March.

The new aircraft replaces the TBM 930, which debuted in 2016, as the upper-end TBM product. Upgrades on the TBM 940 include an automatic throttle and automatic de-icing system.

What’s new on the TBM 940?

Source: tbm.aero

The Autothrottle system is a standout feature of the TBM 940. The TBM 940 is the first single-engine turboprop weighing less than 12,500 pounds to feature the automatic throttle. This allows the aircraft to automatically adjust its speed based on the preset flight profile. The Autothrottle is a single-lever control, decreasing workload for the pilot.

The TBM 940’s de-icing system is also a first for CS-23 turboprops. The de-icing system is automatically activated when icing or ice accumulation is present on the airframe, propeller, windshield, and inertial particle separator, requiring no action from the pilot.

The TBM 940 also features an updated interior focused on style and ergonomics. There are numerous customization and configuration options for seating and storage. Daher also added additional thermal insulation to the sidewalls. With an extra 115-volt electrical outlet and an extra USB port, all six passengers and three pilots have their own USB port.

A closer look at the specs

The aircraft seats a maximum of six passengers and has a maximum payload of 1,400 pounds. Its upper cruising speed is 330 knots, with a range of 1,730 nautical miles — stats it shares with the TBM 930. Its fuel consumption on economy cruise is 37 gallons per hour thanks to aerodynamic improvements and other aircraft enhancements. The aircraft features Garmin G3000 avionics and a Pratt & Whitney Canada PT6A engine.

According to Nicolas Chabbert, Senior Vice President of the Daher Airplane Business Unit, “The TBM 940 redefines the ultimate private aircraft: user-friendly, safe, and efficient for both pilots and passengers. This newest TBM family member underscores our firm commitment to constant improvement for the ownership and operational experience with our very fast turboprop aircraft.”

When will the TBM 940 arrive?

Deliveries are expected to begin this spring, following certification from the European Union Aviation Safety Agency (EASA) and Federal Aviation Authority (FAA). The TBM 940 is expected to be available for charter in late 2019 or early 2020. The baseline model TBM 910 will retail at $3.9 million.

Daher has delivered more than 267 aircraft from the TBM 900 product series, which includes the 900, 910, and 930. TBM has been popular since the launch of the TBM 700 in 1991, with almost 1,000 TBMs delivered to customers worldwide.

Daher builds its TBM aircraft on an industrial site at the Tarbes-Lourdes-Pyrénées Airport in Haute-Pyrénées, France.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.