The Learjet 75 is a twin-engine business jet that is produced by Learjet, itself a subsidiary of Canadian manufacturer Bombardier. Despite the fact that Learjet’s parent company is Canadian— having been acquired by Bombardier on June 29, 1990— the company is based in Wichita, with production taking place at facilities located at Wichita’s Dwight D. Eisenhower National Airport. Along with the Learjet 70, the Learjet 75 was launched by Bombardier on May 14, 2012, at the European Business Aviation Convention and Exhibition, with both variants receiving FAA certification on Nov. 13, 2013. At the time of its launch, the Learjet 75—along with the Learjet 70—was promoted as including “a new modern design interior, a next generation cabin management system, the Vision Flight Deck with a state-of-the-art avionics suite, superior aircraft performance and low operating costs.” From a type certification standpoint, the Learjet 75 is based on the Model 45 Learjet, with it defined as being a Model 45 with a serial number in the 45-456 to 45-2000 range.

According to the FAA Type Certificate Data Sheet for the type, the maximum certified capacity of the Learjet 75 is 11, comprising the two required flight crew and nine passengers. Those passengers are accommodated in a cabin that is 19 ft. 10 in. long, 5 ft. 1 in. wide and 4 ft. 11 in. tall. Bombardier promotes...

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General Dynamics Buys Nordam Nacelle Line for Gulfstreams

Gulfstream maker General Dynamics (GD) said Oct. 1 it acquired the Nordam Group’s nacelle manufacturing line for the Gulfstream G500 and Gulfstream G600, ending a drama that saw the latter file for bankruptcy and threats arise to one of industry’s high-profile business jets.

GD said it will continue to operate the line at Nordam’s Tulsa, Oklahoma, facility. A federal bankruptcy judge approved the transfer Sept. 26, clearing the way for the acquisition. Terms will not be disclosed, the company added.

According to GD, a deal for the line was filed in court in September. What is more, GD had been operating the line “since early September” under a sublease as parties worked to address Nordam’s bankruptcy, filed July 22.

“Gulfstream has a 60-year history of manufacturing and product excellence that will serve our customers well as we assume responsibility for nacelle production,” Gulfstream President Mark Burns said. “The manufacturing of this component is firmly in our wheelhouse, especially since we also manufacture the wings and empennages for these aircraft.”

Family owned Nordam filed for bankruptcy protection after a protracted contract dispute with Pratt & Whitney Canada over the PW800 nacelle system used in G500s and G600s. The company said the bankruptcy was due to...

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Aircraft Bluebook Marketline’s Current Market Strength represents an aircraft’s current strength in the market. An A+ rating indicates the aircraft is enjoying a very firm market. Prices for an A+ aircraft are steadily rising, and holding times are very short or nonexistent. At the opposite end of the spectrum, a C- aircraft is one experiencing a very soft market. Its price is commonly discounted, and it often sets on the ramp in excess of eight months before selling. It is important to remember that Current Market Strength is not a forecast. It is valid only at Marketline’s effective date of release. March 1, 2018, is the effective date for the data represented in the table below.

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CMS represents an aircraft’s current strength in the market. An A+ rating indicates the aircraft is enjoying a very firm market. Prices for an A+ aircraft are steadily rising, and holding times are very short or nonexistent. At the opposite end of the spectrum, a C- aircraft is one experiencing a very soft market. Its price is commonly discounted, and it often sets on the ramp in excess of eight months before selling. It is important to remember that Current Market Strength is not a forecast. It is valid only at Marketline’s effective date of release — Dec. 1, 2017, in this case. See the chart below.

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By Carl Janssens, ASA | Chief Appraiser | Aircraft Bluebook

Another year in the bucket, one more in the history books, another chapter ending. These phrases describe inevitable, inertial change, and they sum up the used business aircraft market at the end of 2017.

For business aviation, as far as Aircraft Bluebook is concerned, 2017 was a year of continued growth. Growth in the pre-owned business jet segment can be measured by the number of changes in ownership (sales) that have occurred compared to previous years.

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