CansoPress about VLJ Market 2007-2016
CNN
September 24th, 2007 The global market for very light jets (VLJs) is expected to be worth about 18.4 billion US$ between 2007-2016, although evidence is emerging that the current financial turbulence may soon affect the sector, a study showed. Read more...
AVweb: Interview with PMi Media's Phil Hayes (podcast)
The age of the very light jet (and the version of the air taxi business it has spawned) is upon us, and it's now time to find out if the bold predictions of some of the players will come true. Read more, and download podcast....
Forbes
September 24th, 2007 LONDON (Thomson Financial). A total of 7,650 very light jets (VLJs) will be delivered between 2007 and 2016, according to the second edition of PMi Media's survey The Very Light Jet Market 2007-2016: A Critical Analysis of Trends, Challenges and Solutions. More...
AIN online: PMi Media VLJ Outlook Contains Mixed Messages
September 24th, 2007. A soon-to-be-released very light jet forecast from PMi Media estimates that 7,650 VLJs, worth some $18.36 billion, will be delivered between 2007 and 2016. "We are predicting 2007 deliveries of VLJs to be around the 200 mark, up from our 2006 forecast of 175. In the first half of 2007, 31 Cessna Mustangs and Eclipse 500s were delivered, so the second half of the year should see a steep ramp up in production activity," the forecaster wrote.
While the VLJ order book currently stands at more than 4,010 aircraft, the research firm said there are still "major uncertainties" in this emerging market. In particular, PMi Media cites questions about the suitability of the new aircraft types to the robust demands of the air-taxi market and the consequence of continuing production delays at Eclipse.
Another worrisome indication, the forecaster said, "is some anecdotal evidence that the current volatility in global economic markets might soon impact the VLJ and wider business jet sectors."
Flight International
March 2007. "Eclipse Aviation risks losing orders for its pioneering very light jet to rivals if it does not sort out its production problems imminently."
"That is the view of aerospace consultancy PMi Media, which says in a new report on the sector that Embraer's Phenom 100 and Diamond Aircraft's D-Jet will "see increases in demand" if the Albuquerque-based manufacturer cannot get the Eclipse 500 into service in the next four months." More...
The Very Light Jet Magazine
www.vljgroup.com, Founding Editor Bill Strait
"The Very Light Jet Market 2007-2016 by Philip Butterworth-Hayes is comprehensive and necessary for any and all interested in the global impact of the rapidly emerging Very Light Jet travel technology. This broad-brush report covers the concept, history, delivery forecasts, and regulatory aspects of VLJs.
The dynamic and ever-changing global climate of Very Light Jets has yielded to the masterful analytical effort by the renowned Philip Butterworth-Hayes under the direction of the venerable PMi Media Limited.
This report will be followed on by a closely edited subscription service with timely updates which will bridle into close account the changes in this powerful sector of aviation transportation. This is a must read for all VLJ purchasers, investors, industry professionals in finance, investment, insurance, and governing officials.
Very Light Jet Travel technology will soon effect the way we travel and will have a dramatic impact upon our transportation globally.
Very Light Jet (VLJ) Market 2007-2016 is required reading."
EBAN - European Business Aviation News
December 2006. "Very light jets, or personal jets as some prefer to call them, are going to be very big business. The market will be worth $2.52 billion over the next five years, according to a study by UK-based consultants PMi Media."
"The PMi report predicts that six VLJ designs will make it into service:..."
"PMi predicts that combined production of VLJs will rise from 155 jets next year to peak at around 350 units annually in 2011." PDF (7.1 MB)
FLUGPOST - Informationsdienst Luftfahrt
Editor Peter Pletschacher VLJ-STUDIE: NEUER MARKT MIT VIELEN FRAGEN Im neuen Marktsegment der "Very Light Jets" (VLJ) wird von 2007 bis 2011 der Absatz von über 1400 Flugzeugen im Wert von 2,52 Mrd. $ erwartet. Zu diesem Ergebnis kommt eine neue Studie des britischen Beratungsunternehmens PMi Media Limited. "Es gibt derzeit sechs Programme, die kurz vor dem Markteintritt stehen," stellt Autor Philip Butterworth-Hayes fest, "und die Auslieferungen werden, wenn man die Informationen der Hersteller zugrunde legt, bis 2010 von 155 bis maximal 350..."
Flt tech online
Report Will Say VLJ Market to Be Worth over $2.5 Billion by 2011 "According to a soon-to-be-released report from PMi Media Ltd., the VLJ (very light jet) market will be worth $2.52 billion by 2011, with 1,403 aircraft in this category delivered in the five years starting in 2007."
"Besides tracking likely production rates, the report also analyses the regulatory challenge to VLJ operations and their affect on airports, as well as their training, insurance and ATM (air traffic management) challenges." More...
AvWeb Flash
Promise And Peril Await Mini-Jet Makers "The very light jet (VLJ) market is fueled largely by the salesmanship of its optimistic originators and the potential of a boom in air taxi operations, but a study by a European media consultant company still predicts that 4,154 aircraft will be delivered over the next 10 years by at least five manufacturers. "Some industry observers critical of the manufacturer-supplied growth rate contend that only two, or at best three, manufacturers will make it to market but the authors of this report are slightly more optimistic than this," wrote Phillip Butterworth-Hayes in the study he compiled for England-based PMi Media Group." More...
Business Travel Online - BTNonline
"Despite detractors, the very light jet market is expected to boom. Market research firm PMi Media last week released a study examining the six dominant manufacturers of very light jets, noting that the market would be worth $2.5 billion during the next five years, with nearly 1,500 very light jets entering the aviation sector in that time."
"The report shows that 85 percent of the customer demand is coming from North America, with significant interest from Florida, where "the VLJ-based air taxi concept will live or die." More...
AllFlying.com
Very light jets to boom (26 September) "The new study, as well as tracking likely production rates, also analyses the regulatory challenge to microjet operations throughout the world and the impact of microjet operations on the small airport community, along with training, insurance and ATM challenges."
"This is a new phenomenon for regulators; the impact of the single-engined Diamond D-Jet will offer European regulators a particular challenge, especially as the regulatory regime is undergoing a major overhaul. It is likely that European regulators will adopt a distinctly conservative approach to the licensing of microjets for both owner/operator and revenue generating services," said Butterworth-Hayes.
