Author: gabig@wp

Gogo Receiving Unprecedented Demand for Gogo Galileo HDX

 

Production More Than Doubled to Meet Sales Projections

 

BROOMFIELD, Colo. Oct. 14, 2024 – Gogo Business Aviation (NASDAQ: GOGO) is seeing unprecedented demand for Gogo Galileo HDX, the new global broadband Low-Earth-Orbit (LEO) satellite service.

 

“The response from the industry for Gogo Galileo HDX is at a fever pitch – there’s been a tidal wave of demand as we rapidly approach commercial launch,” said Sergio Aguirre, president and chief operating officer for Gogo. “It’s clear the market is hungry for true aviation-grade LEO satellite broadband connectivity for aircraft of any size around the globe.”

 

The demand for Gogo Galileo HDX is greater than it was for Gogo AVANCE L5, which launched in 2017 and quickly became the most widely adopted and fastest-selling inflight connectivity system in business aviation history.

 

Demand has accelerated due to growing accessibility of HDX as Gogo’s dealer network has contracted to complete 27 Supplemental Type Certificates (STCs), unlocking a total addressable market of more than 18,000 aircraft globally, many of which have not had access to broadband inflight connectivity prior to Gogo Galileo. Additional STC contracts are expected in the coming weeks.

 

Gogo has been conducting flight tests of the Gogo Galileo HDX system on a Challenger 300 and it is performing as planned.

 

Gogo continues to accept purchase orders for the HDX, which is designed to be an easy upgrade to any AVANCE system (AVANCE L3, L5, LX5, SCS).

 

The highly anticipated service, scheduled to launch later this year, is backed by Eutelsat OneWeb’s enterprise-grade LEO network. Designed for mobility, the network will deliver consistent performance with low variability across all routes globally.

 

A special promotional rebate of $25,000 is also available for a limited time to current Gogo customers operating a legacy air-to-ground system (ATG 1000, 2000, 4000, 5000) when installing AVANCE SCS and HDX.

 

About Gogo

Gogo is a leading provider of broadband connectivity services for the business aviation market. We offer a customizable suite of smart cabin systems for highly integrated connectivity, inflight entertainment, and voice solutions. Gogo’s products and services are installed on thousands of business aircraft of all sizes and mission types from turboprops to the largest global jets, and are utilized by the largest fractional ownership operators, charter operators, corporate flight departments and individuals.

 

As of June 30, 2024, Gogo reported 7,031 business aircraft flying with its broadband ATG systems onboard, 4,215 of which are flying with a Gogo AVANCE L5 or L3 system; and 4,247 aircraft with narrowband satellite connectivity installed. Connect with us at www.gogoair.com.

PJE

Gogo Receiving Unprecedented Demand for Gogo Galileo HDX

GHOST SERIES II: THE MOST ADVANCED, DRIVER-FOCUSED V12 ROLLS-ROYCE EVER CREATED

“Ghost is renowned as a uniquely expressive, agile, and self-assured representation of the Rolls-Royce brand. At our clients’ request, this new Series II iteration remains faithful to these principles, incorporating a potent and uncompromising engine and the essential potential for Bespoke. Meaningful exterior and material updates make an even more expressive and impactful statement. This new generation of Ghost also has extraordinary handling capabilities based on a number of advanced chassis innovations. This secures Ghost Series II’s status as the most technologically advanced and driver-focused V12 Rolls-Royce ever created — a side of Ghost’s character that our clients increasingly and enthusiastically embrace.”

Chris Brownridge, Chief Executive, Rolls-Royce Motor Cars

“Ghost Series II represents the fundamental tenets of Rolls-Royce — serenity, effortlessness and elegance — distilled into an expressive, monolithic form. Our clients asked for a design that would provide a stage for their Bespoke colour and material choices, whether quiet and restrained or bold and expressive. In line with their requirements, Ghost Series II is characterised by meaningful refinements that further enhance the motor car’s standing as a potent canvas for creativity.”

Juliane Blasi, Head of Exterior Design, Rolls-Royce Motor Cars

Rolls-Royce Motor Cars presents Ghost Series II, a powerful, driver-orientated and elegant rendition of the most popular Rolls-Royce nameplate in history. In line with client requests, the subtle evolution of Ghost’s monolithic and self-assured external appearance serves as a potent stage for Bespoke commissions. To extend their choices, clients now have access to interior finishes and features never previously available on Ghost, as well as advanced software technologies that see Bespoke enter the digital world.

 

BACKGROUND

Ghost is one of the most important Rolls-Royce motor cars of the Goodwood era. The first generation was introduced in 2009 to meet the needs of what was then a completely new category of luxury consumer. These clients, who were predominantly younger than those the marque had spoken to with its initial motor car, Phantom, requested a model that was more approachable and versatile. They also sought a more distilled expression of the Rolls-Royce brand – and crucially, one that would allow them to make their own statements through Bespoke that they would relish driving themselves.

The second-generation Ghost, launched in 2020, advanced these principles significantly. An object lesson in design purity, its surface simplicity hid underlying design, engineering, and craftsmanship of extraordinary complexity – and power. Indeed, it was the most technologically advanced V12 Rolls-Royce ever created when it was introduced. This was based on a number of impulses: to give clients a pure, yet self-assured canvas for Bespoke commissions, underpinned by a uniquely agile, driver-orientated chassis.

Ghost clients immediately recognised the impact that they could make with Bespoke. This heralded an era of experimentation and expression – from the ‘quiet luxury’ codes later popularised by the fashion industry, to fearless and bright celebrations of colour. Consequently, Ghost clients invest, on average, 10% of the purchase price of their motor car in Bespoke.

Alongside its aesthetic treatment, the 2020 Ghost also took the crown as the most technologically advanced Rolls-Royce ever created. In particular, its Planar Suspension System, which took engineers 10 collective years to perfect, produced a sensation of ‘flight on land’ never previously achieved in a motor car. With a 6.75-litre twin-turbocharged V12 petrol engine, plus all-wheel steering and four-wheel drive, Ghost quickly became recognised as the most dynamic, driver-focused model in the Rolls-Royce family and the perfect touring machine. Indeed, clients frequently describe Ghost not as a saloon, but a superlative four-door grand tourer.

When the time came to update Ghost, Rolls-Royce spoke to its clients about their requirements. For them, Ghost’s potential as a platform for personal, as well as engineering dynamism, was central to its appeal. Respecting their wishes, Rolls-Royce made subtle but meaningful design enhancements when forming Ghost Series II, and incorporated the remarkable, uncompromising powertrain that wrote this motor car into Rolls-Royce legend.

Renting a private jet: additional costs

Renting a private jet✈️ is quite straightforward. However, one might wonder 💡about the potential additional costs 🏧that may arise.
Alongside concierge and airport fees there will be additional costs to consider. Once all of your requirements are discussed, all of these will be included in your price.
🏎Ground transportation: Assistance with travel to and from the airport can be arranged upon request. Similar to catering services, a wide range of options is available. Whether you prefer to arrive at the airport in a limousine or make a statement with a Lamborghini, your preferences can be accommodated.
Onboard services: 🥂Catering: catering vary based on flight duration. Most of the operators offers at least cold catering and drinks included in the price. For a VIP catering, or if you have special needs or requests on food&beverage, the price will increase.
🎧In-flight entertainment: Most airplanes offer this. However, using WiFi can be costly during a flight. In-flight entertainment may incur additional charges. The cost of Wi-Fi ranges from Eur 3.00 to Eur 8.50 per megabyte.
❄️De-icing: de-icing is essential for aircraft maintenance. If you are departing from a cold region, your aircraft may need de-icing, which can range in cost from Eur 1,000 to Eur 10,000.
Ask you aircraft provider about all these, before you book your flight! Our experts are here to help you!

Tips about renting a private jet: finding the right one

Choosing the right private jet involves considering several key factors to ensure it meets your specific travel needs. Here are some important aspects to consider:
✈Passenger Capacity: Determine how many people will typically be traveling with you. Light jets can accommodate 4-6 passengers, midsize jets 6-10, and heavy jets up to 18 passengers.
✈Range and Destination: Consider the distance you need to travel. Light jets are suitable for short trips (up to 4,100 km), while heavy jets can handle intercontinental flights (up to 11,500 km).
✈Flight Duration: For longer flights, prioritize comfort and amenities like sleeping quarters, spacious cabins, and entertainment options.
✈Budget: Define your budget, including hourly charter rates, fuel costs, and landing fees. This will help narrow down your options.
✈Specific Requirements: Identify any specific amenities you need, such as Wi-Fi, in-flight entertainment, or accessibility features.
✈Luggage Allowance: Ensure the jet has sufficient storage space for your baggage.
✈Personal Preferences: Consider your desired level of luxury and amenities. Some jets offer features like gourmet kitchens, private bathrooms, and entertainment lounges, ground transfers.
✈Safety and Reliability: Choose a reputable private jet operator with a proven track record of safety and reliability.
✈Charter vs. Ownership: Decide whether chartering a jet for individual flights or owning one for frequent travel suits your needs better.
✈Flexibility: Be prepared for unexpected changes in weather or logistics. Flexibility in your schedule can help avoid delays and stress.
By carefully considering these factors, you can select a private jet that best fits your travel needs and preferences. If you have any specific questions or need more detailed information, feel free to ask!

PJE VIP CARD

“We are constantly astounded by the diversity of ideas that inform our clients’ Bespoke concepts, which frequently draw inspiration from materials, finishes and themes they see in other commissions. Spectre Lunaflair is the perfect example of this, exploring the ethereal beauty of a lunar halo and sparked by the client after witnessing a paint finish on another Bespoke motor car. This symbiotic relationship and cross-pollination of ideas is fostering a ‘virtuous circle’ of innovation and creativity, which is incredibly important to our team of Bespoke designers, as we focus on delivering unparalleled value to those who entrust us with their vision.”

Martina Starke, Head of Bespoke Design, Rolls-Royce Motor Cars

Rolls-Royce Motor Cars has unveiled the breathtaking Spectre Lunaflair – a Bespoke commission undertaken on behalf of a significant client from the United States. The extraordinary and exquisite highlight of this landmark motor car is the remarkable holographic paint finish that creates a captivating ‘rainbow’ effect.

The commission takes its inspiration and name from the optical phenomenon of a lunar halo, which appears as a colourful circle of light around the moon. It is caused by moonlight passing through ice crystals in high-altitude cirrus clouds, which act as microscopic prisms: the light refracts creating a spellbinding technicolour ring effect, similar to light passing through a diamond.

Capturing this phenomenon in a Bespoke paint finish required more than one year of experimentation. The paint chemistry, application timings, and base coat were extensively trialled in order to meet the client’s concept. The final finish is achieved by applying seven layers of lacquer, including a specially formulated pearlescent coat, infused with fine flakes of magnesium fluoride and aluminium. This creates a deep metallic effect under low light that bursts into rainbow technicolour in bright sunshine.

The Spectre Lunaflair concept was partially inspired by another Bespoke masterpiece, the one-of-one Phantom Syntopia. Revealed in 2023, it features a dark iridescent Liquid Noir finish, infused with colour-shifting, mirror-like pigment. Captivated by Phantom Syntopia’s appearance, the commissioning patron asked the Bespoke Collective to create a light and luminous expression of this concept that reflected their fascination with the lunar halo phenomenon.

This cross-pollination of ideas, where a previous commission directly informs and inspires a completely new concept and story, speaks to the power of Bespoke. For the marque’s Bespoke Collective of designers, engineers and craftspeople, this virtuous creative circle and interconnection of ideas constantly provides new opportunities for the advancement of their art.

Spectre Lunaflair’s dramatic coachwork is complemented by a fully Bespoke interior. It includes Navy Blue, White, and Peony Pink tones, recalling the spectrum of hues that can be witnessed during a lunar halo. The colour scheme appears on the seats, doors and the Starlight Headliner. This theme is also carried onto the dual-tone steering wheel, with a Navy Blue outer and an Arctic White inner side.

Only one Spectre Lunaflair will ever be produced. The unique Lunaflair paint finish is reserved exclusively for the commissioning patron.

ROLLS-ROYCE PRESENTS SPECTRE LUNAFLAIR: A SPELLBINDING EXPRESSION OF BESPOKE

Elfly Group, developers of the all-electric seaplane programme ‘Noemi’, (No Emissions) is pleased to announce a partnering with the government of Gotland, Sweden, to pursue its goal of zero-emission commercial flights to the island by 2027.

Both parties recently signed a Letter of Intent (LOI) to explore deeper collaboration.

Located in the Baltic Sea off Sweden’s east coast, Gotland is the largest of Sweden’s islands, some 90 km east of the mainland. Region Gotland is passionate about securing more sustainable solutions like ‘Noemi’ and would like to have at least one commercial operator flying electric aircraft from the island in the future.

“We are excited to partner with Region Gotland in this groundbreaking initiative as we move towards a greener future,” said Eric Lithun, CEO of Elfly Group.  “Our electric seaplane Noemi can create new opportunities for Gotland and showcase the potential of zero-emission solutions in many markets worldwide.   We will contribute to Gotland so that it reaches its goal to start commercial zero-emission flights by 2030.”

Meit Fohlin, Chairman of the Regional Board, Gotland, said: “One of our biggest regional development requirements is securing good communications to and from the island. We are working actively to get electric flights to Gotland. We are, accordingly, pleased and proud to be able to announce today that with this Letter of Intent we are initiating a deeper collaboration with Elfly Group.”

Maria Fiskerud, project manager at Science Park Gotland, added: “We have the right environment to prepare for electric aviation together, which in turn can contribute to the development of eco travel, both in the Nordics and beyond. Everything is already in place within the ecosystem – from the airport and its electricity capacity to interested aircraft manufacturers like Elfly, aircraft operators and customers.”

Gotland Sweden backs ‘Noemi’ electric seaplane for zero-emission flights

“Rolls-Royce Motor Cars Leeds has been an important part of our trusted dealer network ever since JCT joined the Rolls-Royce family in 2018. The opening of this new space is a momentous occasion – it illustrates a bold and exciting step for the brand, bringing the essence of Goodwood to Yorkshire. This new expansive and contemporary space – with its wealth of digital technologies, and sophisticated, elegant design – is the perfect embodiment of the brand. It is the ideal space for the highly professional team to offer patrons a hyper-personalised client experience characterised by luxurious encounters. It really captures the spirit of the marque and brings our visual identity to life, reaffirming our position as a leading House of Luxury.”
Boris Weletzky, Regional Director, United Kingdom, Europe and Central Asia

“After adding Rolls-Royce to our stable of luxury car marques in 2018, we were keen to create a new home for it which would do justice to this world-leading brand. Bringing a touch of Goodwood to Yorkshire and the North East, the Leeds showroom is simply stunning. From a multi-media curtain of ‘dancing’ kinetic lighting to a unique ‘cabinet of curiosities’ showcasing our Yorkshire heritage, a visit here is designed to be an engaging experience for customers where they can see the very best of the Rolls-Royce brand.”

Kristian Keighley, Head of Business for Rolls-Royce Motor Cars Leeds, JCT600 Brooklands.

Rolls-Royce has a profound understanding of its clients, their expectations, their needs and their wishes. This is an essential element in the marque’s ongoing success as a renowned House of Luxury. The new Rolls-Royce showroom in the heart of Yorkshire is the perfect place for clients to learn more about the marque and experience the elegance of the world of Rolls-Royce.

Located in a prominent location in Leeds, this space showcases the marque’s exquisite products and provides clients with an unparalleled experience, in line with Rolls-Royce’s position as a true global luxury goods brand. The new showroom, with the front doors modelled on Rolls-Royce’s famous Pantheon grille, offers clients a fully immersive brand experience from the moment they enter the building.

Inside, the new showroom exudes cool modern luxury, yet still recognises the importance of heritage for the marque, with citations from the founding fathers of the brand throughout the showroom. The Cabinet of Curiosities, an eclectic mix of intriguing, timeless and legendary design objects, sparks the imagination and client conversations as part of the commission process. It also celebrates the local area with unique objects and books which reflect the legends that hail from Yorkshire.

The pièce de résistance, the Atelier, is the place where, with the help of the marque’s highly skilled and professional team, clients can envisage their dream commission coming to life. Housing some of the marque’s most exquisite examples of craftsmanship, including wood veneers, leathers, embroidery threads and lambswool samples, in a variety of vivacious hues, the Atelier is a sensory-inspired room; it showcases the marque’s fluency in Bespoke and luxury. The surface-finish samples are presented in the familiar Rolls-Royce speedform shape, making it easy to imagine the almost endless two-tone colour combinations; the leathers are rolled on wands with handles from Rolls-Royce’s famous umbrellas, while the veneers are shaped like the cross-section of an aerofoil, recalling the aviation exploits of the marque’s founding father, The Hon. Charles Stewart Rolls.

The remarkable space that is the Leeds showroom is a further sign of the dealership’s commitment to excellence and extraordinary journey since joining the marque in 2018. In 2020, Rolls-Royce Motor Cars Leeds was honoured to receive the title of ‘Global Whispers Dealer’. Whisper’s is the marque highly exclusive members only club.

A Rolls-Royce is unapologetically luxurious, it is unmistakable, synonymous with beauty and elegance, a true design icon, and so, in the new Leeds showroom, each model rightfully enjoys its own dedicated space, framed, and is presented according to its distinctive personality and characteristics.

PJE

ROLLS-ROYCE MOTOR CARS LEEDS UNVEILS NEW LUXURIOUS SHOWROOM

With more than $4.6 billion in originations, Global Jet Capital provides comprehensive financing solutions for the business aircraft market. The Global Jet Capital management team has served the business aircraft industry for a combined 325-plus years. The Company has the expertise, financial strength, industry relationships and infrastructure necessary to offer a variety of flexible financing solutions at the speed the market requires. Visit www.globaljetcapital.com to learn more.

Danbury, CT – September 17, 2024 – Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2024-2 securitization, raising approximately $617 million.

BJETS 2024-2 is Global Jet Capital’s eighth asset-backed security (ABS) offering, bringing total assets securitized to approximately $5.8 billion and bonds issued to approximately $4.8 billion.

The BJETS 2024-2 offering contained three tranches of notes: a $490.4 million Class A tranche, a $79.4 million Class B tranche, and a $47.3 million Class C tranche. S&P Global Ratings and Kroll Bond Rating Agency LLC assigned BJETS 2024-2 ratings of A/A, BBB+/BBB and BB/BB on the Class A, B and C tranches, respectively. The transaction attracted 37 unique investors, 8 of which were new to the BJETS program.

As with previous BJETS issuances, BJETS 2024-2 securitizes the cash flows from business aircraft loans and leases representing a diverse group of obligors and assets. BJETS 2024-2 includes 29 leases and loans to corporations and global business leaders representing 18 unique industries. Twelve different aircraft models – primarily mid- to large-cabin business aircraft – are represented in the transaction.

BofA Securities was the lead structuring agent and lead bookrunner and Deutsche Bank Securities, Morgan Stanley, Citigroup, KKR Capital Markets and Carlyle were joint structuring agents and joint bookrunners for the BJETS 2024-2 transaction. In addition, Citizens Capital Markets was a co-manager. Global Jet Capital will continue to service the securitized assets.

Vivek Kaushal, CEO of Global Jet Capital, stated:

“We are pleased with the success of our latest issuance, which underscores the strength of the BJETS securitization program and the strong performance of our previous ABS transactions. As we celebrate the tenth anniversary of our founding, our growing investor base reflects the capabilities of our platform. We’re also thankful for the ongoing support of our existing lenders and their continued commitment and confidence in our business. This achievement is the direct result of the dedication and hard work of the Global Jet Capital team, and I am grateful for their contributions.”

Global Jet Capital Completes Securitization, Raising $617M

THE 1940s THE ROLLS-ROYCE SILVER DAWN

MODELS OF THE MARQUE: THE 1940s THE ROLLS-ROYCE SILVER DAWN

The latest in the ‘Models of the Marque’ series showcases the Rolls-Royce Silver Dawn. Launched in 1949, it marked a profound change for Rolls-Royce, reflecting the realities of the post-war market.

“For the first 40 years of its existence, Rolls-Royce built only rolling chassis, onto which independent coachbuilders installed bodywork specified by the client. It wasn’t until the late 1940s that the marque produced its first complete motor car – the Silver Dawn. Launched in 1949, it marked a profound change for Rolls-Royce, reflecting the realities of the post-war market while giving the marque more control than it had ever enjoyed over the exterior design of its products. It was also the second model to be built on a single, variable underlying structure, foreshadowing the Architecture of Luxury upon which all Rolls-Royce motor cars of the modern era are built.”
Andrew Ball, Head of Corporate Relations and Heritage, Rolls-Royce Motor Cars

Although Rolls-Royce suspended motor car production between 1939 and 1945 to focus on building aero engines, design work on a new model continued in the background.

During the 1930s, Rolls-Royce offered three models, each of which included numerous parts that were unique to it and could not be shared between them. This significantly increased the manufacturing costs per car, which quickly became unsustainable during the austerity of the post-war years.

Rolls-Royce therefore faced the problem of reducing production costs without compromising quality or performance. The solution was new models that could share common parts, a new engine that could be offered in straight-four, six or eight-cylinder variants, and a single chassis that could be configured in variable dimensions. The latter can be seen as a precursor of the proprietary aluminium spaceframe, known as the Architecture of Luxury, that underpins every motor car built at the Home of Rolls-Royce in Goodwood today.

These ideas came together in a development programme for what would be known as the ‘Rationalised Range’. In 1946, Rolls-Royce launched the first such model: the Silver Wraith. This was a direct replacement for Phantom III, introduced in 1936. Like its predecessor, and indeed all the pre-war models, Silver Wraith was a rolling chassis designed to be fitted with third-party, coach-built bodywork.

Rolls-Royce knew that to be commercially successful in these more challenging times, it needed a model that was less expensive and could be produced in greater numbers than was possible with traditional coachbuilding. So, for the first time in its history, Rolls-Royce decided to produce a complete motor car, with coachwork assembled in-house. In the same way that Silver Wraith replaced Phantom III, this new model would assume the mantle of the small-horsepower cars the marque had built in previous decades.

The second model in the ‘Rationalised Range’, the Silver Dawn, was launched in 1949, initially only as an export car mainly for the North American and Australian markets; it became available to UK clients in 1952. Of the 761 Silver Dawns produced, most were supplied with the ‘Standard Steel’ four-door saloon bodies produced in-house. But in deference to clients’ requirements, Rolls-Royce also offered the Silver Dawn as a rolling chassis, with some 64 coach-built examples completed in a production run that lasted until 1955.

As further proof of the Rationalised Range approach, by 1952, clients could specify both the smaller, complete Silver Dawn and larger Silver Wraith rolling chassis with automatic gear selection. Indeed, Silver Dawn would be among the very last Rolls-Royce models to be offered with a manual transmission. It would be more than half a century before the advent of the satellite-aided, eight-speed ZF automatic transmission fitted to all of today’s V12 Rolls-Royce motor cars – but the die had been cast.

Towards the end of its lifespan, Silver Dawn’s rear section was reworked by the then newly hired John Blatchley, who had learned his craft with renowned London coachbuilder Gurney Nutting before joining Rolls-Royce. His deft eye for detail not only allowed for greater luggage capacity, but also enhanced the motor car’s looks considerably; perhaps not surprisingly, he would go on to become the marque’s Chief Styling Engineer. In 2015, the nameplate was revived with Dawn, which was the best-selling drophead in Rolls-Royce’s history by the time production ended in 2023.

The ‘youngest’ Silver Dawn is now almost 70 years old. Yet even now, it offers an exhilarating experience for the driver and a restful ride for passengers over long distances in modern traffic conditions. It was and is, in every sense, entirely a Rolls-Royce.

PJE