Archive for month: February, 2018

The Citation X, World`s Fastest Business Jet

February 28, 2018/in jet-blog/by admin

The Citation X, commonly known as the Cessna Citation X is a medium-sized, long-range American Business Jet. Powered by an impressive engine system, the jet relies on dual turbofan engines manufactured by the Cessna Aircraft Company located in Kansas. Impressively, the Citation X boasts of a modernised wing design, coupled with state of the art engines and avionics. These features cement the status of the Citation X as the fastest and most reliable business jet in the world.

Below is a quick review of the Citation X`s main features

Performance

The Federal Aviation Administration (FAA), recently cleared the Citation X as the globes speediest civilian jet with excellent stability levels as well as handling when at high speeds. This makes the jet reliable for both long and short business trips giving the users uncompromised comfort levels. The Cessna team of engineers designed the Citation X in such a manner that its streamlined feature does not affect its navigation or manoeuvrability at high speeds reaching up to 705 mph.

Key features

With elliptical winglets extending the main wings` tips, customers can relax in the jet due to increased stability and comfort even during adverse weather. According to Cessna CEO, the business jet allows customers to get to their destinations faster than other any other civilian aircraft thus making it convenient for users with urgent business needs. On top of the speed, the Citation X can accommodate up to 12 customers at once (quite an impressive feature considering its 976km/h speed)

Also, another feature is its capability to manage high altitudes of up to 51,000 feet which allows it to fly significantly above adverse weather and commercial traffic in the airspace. This makes it easier for pilots to manage a maximum cruise speed of approximately 527 knots. Therefore, customers can reach their destinations faster and more comfortably than with other aircraft.

The Citation X incorporates significant changes in design which includes a 14.9-inch longer cabin, an additional 0.8m in vertical height, a 5.6ft wingspan addition and an impressive take-off weight of 36,600lb. All this play a massive role in making the aircraft convenient, light and reliable, especially in high attitudes and bad weather. Therefore, with the Citation X, clients can rest assured of reaching their destination at convenient speeds.

The Citation X has a compact interior that makes comfort and convenience a priority. However, the speed of the aeroplane is what is causing ripples in the aeronautical world. The private jet keeps getting better with necessary modifications to its design and engine make-up that enhance its speed. The superior dual turbo engine allows it to navigate seamlessly at high altitudes and bad weather. Also, commercial air traffic does not affect the speed of the flight due to its superior flight attitude.

When it comes to the speed and convenience of private jets, the Citation X is no doubt the leader. The amazing 976km/h speed and impressive 51,000 feet flight capability make the Citation X a reliable option when speed is a major factor. As it stands, the Cessna Company has cemented its place as a major player in the aircraft market with its every release changing the market, more so the Citation X which boasts of the fastest speed of any private business jet in the world.

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The Growth of Private Charter in a Strong Economic Environment

February 25, 2018/in jet-blog/by admin

Private charter provides travelers with a secure, safe, fast and flexible access to many destinations worldwide. There is a trade-off between the cost of a private charter and the time saved. For some people, this is the main reason they choose the service.

The growth of the business aviation sector has been on the rise in the last decade, with the highest growth registered in the U.S. After the United States economy regained its balance in the late 2000s from a worldwide economic downturn, the demand for private jets increased exponentially. Europe also experienced this upturn, and new markets emerged with new demand and supply. This trend also spread to the Middle East and Asia creating a new wave of business aviators.

The U.S. economy is on a growth trajectory, and the business aviation industry is on the rise with the economy. As the sector began to record good numbers, a simultaneous demand for private charters also emerged. Business jet companies are now reporting a steady increase in sales, both from charter and purchases.

What are the Economic Market Drivers?

Personal wealth is one of the primary factors that has encouraged the growth of the private charter sector. Wealth is created when there is economic growth, which in turn boosts the demand for business jet charter worldwide. The MSCI World Index shows a 65% wealth creation growth between 2009 – 2012. This indicator reveals that many people got richer despite a global downturn. Forbes also reported an uptick in the number of millionaires between 2012 and 2014.

The richer the economy, the richer the citizens. As millionaires are born, disposable income becomes more available. What this essentially means is that private jet travelers who have no plans of buying jets now have more money to hire private charters. Let’s look at some statistics from market analyst Argus. TraqPak is used by Argus and is the most sophisticated activity analysis and market intelligence reporting system for the aviation industry.

The Argus July 2017 TraqPak Business Aircraft Activity report showed business aviation flight activity from 2012 – 2017. Below is a 3 point summary:

• A 4.3% year over year increase from June 2016 – June 2017

• Weekday flights increased by 4.5% from 2016 to 2017

• Private charter numbers have been on a steep rise since 2012

Simply put, the growth of business jets is quantified by the specific region’s economic size as reflected by its GDP and the U.S is the best candidate for this analysis.

North America is critical to the success of the private charter market. When other economies are facing a downturn, and the North American economy is not, business charter will not be affected by other economies. This analysis is evident in the growth pattern of the U.S economy and the subsequent growth of the private charter sector.

Conclusion

The private charter industry continues to thrive and recover from the worldwide economic downturn of 2009-2010. Despite some challenges, the industry continues to grow.

Increased consumer confidence is also another factor that has helped boost this industry, and many experts predict tremendous growth going forward. This positive forecast is due to some key drivers like branded charter demands, fractional accessibility of the market, trade globalization, wealth creation and much more.