ABACE 2014 Live News: Day Two

Follow what’s happening at ABACE 2014 in Shanghai with Corporate Jet Investor’s live news feed. Please remember to refresh the page for updates.

It’s the second day of ABACE 2014 and the fourth edition of the annual business aviation event. Follow Corporate Jet Investor’s live coverage to keep up to date with the news from the show.

RECAP: ABACE 2014: Day One | ABACE 2014: Press Day

PHOTOS: Every business jet on display at ABACE 2014

If you have any news or would like to meet at the show, you can send an e-mail to Alex Andrews at: [email protected] or Alud Davies at: [email protected].

Live feed

17.10 That’s the end of our coverage for today. Thanks again for following.

Looking out the window at the grey skies over Shanghai, we’re thoroughly irritated to hear about the good weather back in the UK.

16.50 At press day on Monday, Textron Aviation told us about their recent activity in Asia, including details on upcoming deliveries to south-east Asia.

Watch the video below, featuring Bill Schultz, senior vice president, business development (left) and Bill Harris, vice president, sales, Asia and Asia Pacific (right).

https://vimeo.com/92005490

Textron also revealed details about The Reignwood Group’s order for 10 Cessna Grand Caravan EX Amphibian aircraft through the Cessna-AVIC facility in Shijiazhuang.

16.45 Check out some of our favourite exhibits from this year’s show.

15.30 Steve Cass, vice president, communications at Gulfstream gave Corporate Jet Investor the lowdown on Minsheng’s order for 60 Gulfstream business jets, which will start delivering next year.

Make sure you watch our exclusive video below:

https://vimeo.com/92116629

15.15 This morning we caught up with Flying Colours, an aircraft completions and maintenance company headquartered in Canada. Eric Gillespie, executive, vice president, told us about the company’s agreement to provide interior refurbishment and reconfiguration services at Bombardier’s new service centre in Singapore.

Flying Colours will initially start with a local workforce of around a dozen employees, flying them to Canada for training. Gillespie believes that the company could triple – or even quadruple – the workforce within five years.

Gillespie said it takes eight months to complete a green Bombardier business jet at its facility, with paint work taking around five or six weeks.

15.00 It’s wet and windy in Shanghai today. If you want to get on board the Gulfstream G650, you’re going to have to queue.

The Gulfstream G650 at ABACE 2014.

14.05 Comlux America has won a refurbishment contract for an an Asian-based BBJ managed by Sino Jet. The aircraft will arrive at Comlux’s Indianapolis facility next quarter.

14.00 NetJets has already made appointments to lead the company’s Chinese operations. The company will initially start as an aircraft manager, but intends to launch a fractional ownership programme in the near future.

13.50 Gama Aviation told Corporate Jet Investor that it had intended to make a “major announcement” at ABACE but is still in the processing of tying up a deal. This means that an announcement at EBACE next month in Geneva looks likely.

In its show daily for today, AIN reports that Gama has signed an agreement with a company in Beijing, paving the way for a new Chinese base. Gama already has an office in Hong Kong.

13.25 NetJets will move over two Hawker 800XPs from its European fleet when it begins operations in China this year.

12.50 We’ve seen Minsheng International Jet swapping business cards with Mandarin Air.

11.45 In Dassault’s press conference yesterday, we learned that China is the second largest market for the Falcon 7X after the US. The 250th Falcon 7X left Dassault’s production line in France this week and there are nearly 30 operating in China.

The Dassault Falcon 7X on display at ABACE 2014.

Dassault is also making a $13 million investment to grow its inventory of spare parts available in China.

11.00 This year is the first time that The Civil Aviation Authority of the Cayman Islands (CAACI) is exhibiting at ABACE (booth number H523 in the hangar). They are particularly interested in connecting with aircraft owners and operators from China and the wider Asia region.

10.30 Welcome back to Corporate Jet Investor’s coverage of the fourth ABACE event from Hongqiao Airport in Shanghai, which signed a memorandum of understanding this week to host the event until at least 2021.