Page 15 - World Airnews Magazine March 2020 Edition
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CORPORATE CORPORATE
JETS JETS
JETEX OPENS NORTH ELECTRIC PROPULSION
AFRICA’S FIRST VIP FUELS BUSINESS JETS
TERMINAL IN MARRAKECH MARKET
etex has opened its latest VIP terminal at Marrakech Menara Article by Sucheta Goyal, Rachana Gandhi and Amit Gulhane from
JAirport, introducing a new world-class facility in the Moroc- MarketsandMarkets
can market.
Since first establishing its presence in Morocco as a fixed-base AUTONOMOUS BUSINESS AIRCRAFT
operator (FBO) in 2016, the company has already brought the
signature Jetex experience to Casablanca, Agadir and Rabat. The The development of autonomous aircraft for urban air mobility will
new flagship Jetex VIP Terminal in Marrakech brings the company’s he business jets market is witnessing technological ad- be used for business travel within the city. The involvement and
total number of African locations to 16, including six FBOs. Tvancements, right from structural materials to propulsion focus of leading players such as Airbus and Boeing on the devel-
Each year, Morocco sees more than 10,000 private jet move- technologies. Established players in this market are moving toward opment and commercialization of autonomous aircraft. Industry
ments, making it one of the most important markets in Africa, new-age technologies. experts claim that remotely controlled aircraft will commercialize
while the Middle East and North African region is expected to see For instance, Embraer, through its disruptive business subsidiary first, and post its success, fully autonomous aircraft will enter the
market.
around 175,000 business aircraft movements in 2020. EmbraerX, recently unveiled a new Electric Vertical Take-off and
“We anticipate private aviation in Africa to continue its rapid Landing (eVTOL) aircraft, which will be part of urban air mobility. It In November 2018, Aurora Flight Sciences, a subsidiary of Boeing,
growth. We want Jetex to help usher in that growth and better is expected to reduce travel time within a city and can save costs introduced Odysseus, which is the world’s most capable solar-pow-
ered autonomous aircraft. Odysseus is an ultra-long endurance,
serve the market’s increasing needs. It is an honor for us to es- when compared to traditional air taxis.
tablish the first VIP Terminal of its kind in North Africa and we are Bell (US) plans to develop hybrid engines to satisfy short distance high-altitude aircraft.
grateful for the ongoing support of the government of Morocco,” urban operations, and later moving to fully electric engines. Many ELECTRIC PROPULSION
said Adel Mardini, founder and CEO of Jetex. start-ups can offer a promising competition or be prospective Electric business aircraft will be small, cheap, and less polluting
Since 2009, Jetex has redefined the FBO concept and evolved with designer pieces by Zaha Hadid, the modern facility has aircraft collaborators for established market players, including Bombar- than conventional business jets. eVTOL aircraft will be equipped
it into a tailor-made luxury travel experience aimed at the most parking and is open 24/7 for the utmost convenience of private dier, Embraer, Gulfstream and Textron. These start-ups include with autonomous and Distributed Electric Propulsion (DEP)
discerning travellers. jet travellers. XTI Aircraft Company (US), Lilium (Germany), Zunum Aero (US) and systems which will eventually be used as vertical business jets.
The Jetex VIP Terminal is an exclusive space spanning 1,000 m² Jetex celebrated the event with a gala reception with Moroccan Kitty Hawk (US) among others.
According to Uber, if all the vital elements in a VTOL ecosystem,
has been described as private and confidential haven. Furnished authorities. Q In the past 15 years the market has boomed from 2006 to 2008 such as regulators, vehicle designers, communities, cities, and
and then seen a sudden downfall starting 2009. But since 2016 network operators, can work together effectively, the company
there has been a steady growth. will be able to introduce autonomous electric flying aircraft in the
NEWS Factors such as the increasing number of billionaires, upcom- coming decade.
ing new programmes and the aging fleet are contributing to the In January 2019, Bell Helicopter, a Textron Inc. company, revealed
growth of this market. Challenges faced by this market include the the configuration of a full-scale vertical-takeoff-and-landing (VTOL)
REPORTS LINK TEXTRON rise in fuel prices, uncertainty of order books and unavailability of air taxi vehicle during CES 2019. The air taxi, named Bell Nexus, is
airports in remote areas.
powered by a hybrid-electric propulsion system and features Bell’s
Aircraft with Vertical Take-off and Landing (VTOL) capability and signature powered lift concept incorporating six tilting ducted fans
AND BOMBARDIER environment-friendly propulsion technologies including electric that are designed to safely and efficiently redefine air travel.
and hybrid engines are expected to reduce the operating costs
In June 2019, EmbraerX unveiled a new electric flying vehicle
drastically and serve as an opportunity for the market growth up concept during Uber Elevate Summit 2019 in Washington, D.C. The
to 2030. Such upcoming aircraft programmes are expected to con- aircraft concept, with electric vertical take-off and landing capa-
and margin expansion while prudently The reports come after Bombardier tribute to the growth of the business jets market post-2025. bility, is part of the EmbraerX multi-project approach. EmbraerX is
managing our liquidity and heavy debt business jets recorded one of its best
he USA's respected Wall Street load,” said Bombardier President and quarterly returns for several years. An analysis by MarketsandMarkets indicates that the Business working on a collaborative effort with
TJournal has reported that CEO Alain Bellemare in January this year. The company shipped 52 airframes of Jets Market is expected to reach (US) 36.4 billion by 2030, at a Uber to enable and accelerate the urban mobility ecosystem.
Textron is in talks with Canadian man- “The final step in our turnaround is to all types, the largest number since CAGR of 3.6% from 2019 to 2030. GROWTH OPPORTUNITIES IN DEVELOPING ECONOMIES
ufacturer Bombardier to acquire the de-lever and solve our capital struc- Q4 2016. FUTURISTIC TRENDS SUCH AS AFRICA AND THE MIDDLE EAST
company's business jet range. ture. We are actively pursuing alterna- Textron Aviation has cross-over The business aviation industry of emerging economies, such as
Bombardier builds and markets the tives that would allow us to accelerate only at the low end of Bombardier's SOPHISTICATION OF CABIN INTERIORS South Africa, India and China is expected to witness growth due to
Lear, Challenger and Global series of our debt pay down. The objective is range, having competing products with The business jets market is experiencing a lot of technological the receding impact of the economic slowdown.
corporate jets, a sector worth around to position the business for long-term only the Lear 75 and the 10-seat Chal- advancements, right from structural materials to propulsion In recent years, Africa has seen an increase in the number of
(US) $5-6 billion annually. success with greater operating and lenger 350. technologies. billionaires in a remarkable way. The growth in the High Net Worth
According to reports, Bombardier is financial flexibility.” Acquiring the Challenger and Global Business jet cabins are beings upgraded with advancements in Individuals (HNWIs) propels the increase in the procurement rate
looking to sell off its business jet range In 2017, Bombardier exited the series would put Textron in a position to components and systems to enhance the passenger experience of business jets. HNWIs buy private jets due to the high traffic on
to raise cash to retire some of its (US) $9 commercial aircraft market, selling the compete in the large business jet mar- by providing comfortable, spacious and luxurious cabin equipped roads, the need for personal security, and their inclination toward
billion debt. C-series programme to Airbus, which ket against Gulfstream and Dassault. with In-flight Entertainment and Connectivity (IFEC) systems and luxury.
“Since launching our turnaround plan, became the A220. The aircraft was It could, however, spell the end of soothing cabin lighting. It also has a cabin management system, This is expected to be one of the major drivers for the business
we have addressed our underperforming built under a joint venture between the the Lear name that pioneered small which includes controls of all cabin environmental functions such jets market to expand in the Africa region.
aerospace assets, completed our heavy two companies, but Bombardier has business jets in the 1960s, with Cessna's as lighting, temperature, wastewater management and IFE. The African business jets market is projected to grow at a CAGR
investment cycle, and put the company said it is re-assessing its participation Citation CJ3 and CJ4 both comfortably In May 2018, ACJ created a new cabin design concept called Har-
on a solid path toward organic growth in the project. out-selling the Lear jet 75 last year. Q mony, which combines the comfort and space of a spacious body of 4.2% from 2019 to 2030. The growth of the market is driven by
cabin with the practicality to suit the longest of flights. the increase in VVIP and business transport in the region, as well as
the growth in the tourism sector.
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