More than 800 industry professionals turned out at Biggin Hill airfield for the annual Business Aircraft Europe event, 11/12 September. 60+ exhibitors and sponsors were on show and 18 aircraft were featured in the static display. The event occupied the entire main hangar at Biggin Hill with aircraft being brought inside the hangar for the first time, allowing visitors to view aircraft in close proximity to the stands and also providing some protection from the vagaries of a British Autumn!
Highlights included the sale of an Eclipse 550, displayed by Aeris Aviation. Total sales from the show are expected to reach 7 aircraft, including 4 helicopters over the next few weeks. Additional aircraft on display included the Piaggio Avanti II displayed by ConnectJets (who announced their UK dealership at BAE), A Cirrus SR22T, a Cessna CJ4, Daher-Socata's TBM850 displayed by Aura Aviation, A Pilatus PC12NG exhibiting with partners MyFlight. Operators displaying aircraft included Jota with a Beechcraft King Air 90 and Super King Air B200, Excellium Private Aviation with a Falcon 900, Castle Air with 3 Agusta Westland helicopters, JetBrokers Europe with a Learjet 40XR and Eurocopter with an EC135 T2 which also sold during the show.
The conference sessions were chaired by Aoife O'Sullivan, head of Aviation Finance for Kennedys law firm, and the opening address was from Serge Sergeef
, owner and founder of Platinum sponsor, Sovereign Business Jets.
The popular operators panel re-ignited the debate about too many operators chasing too few customers and featured Bernhard Fragner of Globe Air, Glen Heavens of Synergy, Cameron Ogden of Blink, Patrick Margetson-Rushmore of LEA and Howard Palser of DragonFly Executive Air Charter. Additional sessions covered year on year flight movements and an analysis of trends and market highlights, fuel technology, registration options, aircraft sales and who was buying and where were they buying, emerging markets, helicopter operations, legal issues and liability for owners/operators and aircraft finance and whether banks and funding institutions ever fully understood private aircraft as an asset!
Day 2 featured the charter brokers panel followed by the BACA sponsored lunch attended by invited brokers and operators. The panel was chaired by Tony Coe, Chairman BACA, and included Neil Harvey from Hunt and Palmer, Mark Green from Oxygen aviation and Glen Heavens from Synergy who provided the operators perspective. The panel knocked around various ideas to see if they could drum up more customers and how relationships with operators should evolve!
As with previous years the party at the end of Day 1 was provided by Rizon Jet and commenced with a spectacular display from the Biggin based Kent Spitfire Company. At the end of the display the Spitfire taxied into the Rizon Jet hangar and joined contemporary jets and top of the range cars and exclusive brands. Our hosts had erected a bar area and over 300 guests mingled in convivial surroundings and networked through the evening.
To see the galleries from the event go to: http://www.miuevents.com/galleries/bae2013
To access the presentations go to the archive at: http://www.miuevents.com/archive/downloads/bae2013
The 2014 event will be 10/11 September, 2014 at London Biggin Hill airport.
Quote of the Week
"August 2013 marked the first month in 2013 of year on year growth in charter activity
Last Month, the Very Light Jet segment increased charter activity by more than 19% compared to last year
Since 2008, VLJs have increased their share of the market by more than 10X
In that time, charter utilisation per VLJ aircraft has increased at a CACR exceeding 35%
At the other end of the scale, Global express charter activity in Europe has increased 49% year to date"
Richard Koe, MD, WINGX, speaking at MIU's BAE Expo at Biggin Hill airport, 11/12 September 2013
"The Business jet market, 2012 to 2021, is for between 8,660 to 11,275 units, valued at US$ 205 to 260 Billion, with Asia Pacific taking an increasing share of the global market. HNWI are growing fastest in the Asia Pacific region" - Jose Eduardo Costas - CEO, Embraer Asia Pacific, speaking at MIU's February 2012 IBAE Expo in Delhi, India.
"By 2020, CAPA estimates that India will have 180 million domestic passengers and 90 million international; The commercial scheduled fleet will be approximately 1000 aircraft (compared with 2000 GA aircraft); India, by that stage, will be 3rd largest aviation market in the world, behind the USA and China; The commercial aviation market will see investment of up to US$130 billion over the next 10 years in aircraft, airports and support services" - Kapil Kaul, CEO, CAPA, speaking at MIU's February 2012 IBAE in Delhi, India.
MIU Events run aviation events and training seminars. We specialise in executive flight infrastructure, business aviation and finance solutions for aviation as a whole. We run a number of events focusing on the development of the Very Light Jet in regional markets. Our events are designed to cater for senior managers, charter/air taxi operators, high net worth individuals/entrepreneurs, owner pilots and those who shape the future of the aviation and aerospace industries. We concentrate on providing hard to access information and the exchange of ideas, knowledge and innovative thinking. An overview of the year ahead is provided below.
2014 Schedule of Events
Singapore Private Aircraft Conference and Expo (SPACE) 2014 - 17-18 April - Singapore
The Private Jet market worldwide, 2014 – 2021 is worth $260 billion representing 11,275 aircraft and Asia Pacific is expected to take an increasing share of the cake with sales of between 1363 to 1690 units over the same period. If the US and Europe continue to have economic woes the value of the worldwide market will decrease, but Asia is expected to remain solid with $40 billion in private jet sales expected over the next 10 years, regardless of factors elsewhere. The significant trend in Asia is that buyers prefer new jets and there is virtually no pre-owned market and so this represents a high value region from the perspective of the OEMs.
Historically, there has been a reluctance for the authorities in Asia to embrace private aircraft, with China for example, as recently as 2003, outlawing ownership. Additionally, poor infrastructure and high airport taxes have worked against private aircraft ownership and operation. However, the mindset of the authorities is changing and although we can expect further turbulence, there are signs of clouds lifting and clear skies ahead!
In recognition of the emergence of the market in Singapore and elsewhere in the region, MIU events is joining with the Singapore Yacht Show, in staging the 2nd SPACE conference, April 17-18, 2014, a dedicated event for the private jet and helicopter market. The Private Jet conference will run concurrently with the Asia Pacific Super Yacht conference and delegates registering for the event can attend either conference or a combination of sessions. The event will be staged at the Marina Club at Sentosa Cove and delegates will enjoy complementary access to the Singapore Yacht show which runs concurrently and this year will feature a private aircraft exhibition pavillion. There will be any number of social events throughout the show and a spectacular gala dinner on the evening of Thursday, 17April.
The event is very much geared to the interests of the region and will provide a detailed insight into ownership models, market forecasts, the do’s and dont's of purchasing private aircraft, funding options, potential pitfalls, aircraft management and maintenance options, regulatory considerations, charter options, aircraft types and mission planning. We will also address the scope and nature of the market in Asia for private aviation, both fixed wing and rotary, and set this in the context of private aircraft usage globally.
The Private Jet show will be supported by an exhibition featuring those who operate, supply and support private aviation and will stage a lifestyle evening reception where attendees can relax and network surrounded by high end lifestyle brands.
Rotary Operations Conference (ROC) 2014 - 9 July - London Heliport
MIU Events, in association with Barclays London Heliport, will be staging the 2nd Rotary Operations Conference (ROC) - on 9 July, 2014 at the London Heliport.
Following this year's successful event, we will expand on the latest developments and initiatives within the industry. The new generation of helicopters will be more efficient and provide greater flexibility and economies in terms of operational costs. ROC will investigate whether some of the design innovations offer a realistic option in terms of providing helicopter metro city links and what safety concerns should be addressed when helicopters operate in city centres.
Additionally, we will examine the role of the helicopter as a business efficiency tool and the attitude of Government and regulatory bodies to the use of helicopters in metro areas. We will also have a look at the impact of new design models, interlining jets and superyachts with helicopters, maintenance issues, some views from the OEMs on how they see missions evolving, customer priorities and we will, once again, invite operators to join a panel to discuss some of the thorny issues affecting day to day issues and how to consolidate and sustain operations.
The event will be supported by a small exhibition and there will be various networking opportunities throughout the day. The event will culminate in an evening reception on the veranda of the adjoining Verta hotel, where attendees can enjoy hospitality, network with industry colleagues in convivial surroundings and look across the heliport and down the River Thames on a pleasant June evening in central London.
Business Aircraft Europe (BAE) 2014 - 10/11 September - Biggin Hill, UK
Business Aircraft Europe will take place on 10/11 September 2014 and has been expanded to take over the entire main hangar at Biggin Hill with the static display moving indoors and a new layout to include aircraft, exhibition stands and a demonstration area. The format from 2013 with specialist seminars will be repeated and will be supported with a variety of networking events. The Rizon Jet evening networking reception is now called the "Rizon Lifestyle Event" and will include cars from leading distributors, luxury lifestyle brands and a variety of promotional highlights through the evening.
The 2013 event featured a variety of seminars covering all aspects of business aviation from operator activities through to supplier issues. The formal seminars were supported with an aftershow party hosted by Rizon Jet and the event overall saw many of Europe's leading movers and shakers meet and exchange ideas and thoughts on how the market will unfold in the future.
BAE is now the leading European event for the Autumn calendar and the 2013 event saw over 900 visitors attend over the two days. BAE 2013 led to an interesting debate amongst the operators on who was the most resilient and there was a general consensus that some form of consolidation was inevitable. The same theme was echoed on Day 2 when the charter brokers met and underlined just how tough the going was in the current market.
Despite the rather gloomy outlook from European operators and brokers there were some positive elements with certain aircraft types, notably the Embraer Phenom 300, having a good year and traffic to Russia, Middle East and Asia holding up well. Additionally, the US was reported to have made a comeback and transatlantic operators had seen an improved level of business.
Day 1 ended with a reception hosted by Rizon Jet at their state of the art FBO facility. A spectacular aerial display from the Biggin based Spitfire, Spirit of Kent, sizzled along the flightline and then rolled into the Rizon Jet hangar to spontaneous applause, to become the hangar centrepiece surrounded by luxury and high end brands including Rolls Royce, Ferrari, Asprey, Bremont watches, The Mayfair Hotel, London and a selection of business jets.