November, 2006 DuPage Airport Executive Update

Industry News

Third Quarter Gains In Aircraft Value Continue to Go Up. There are several winners this year and many aircraft continue the upward movement in value. Bombardier’s Challenger 300 (11.39% increase) still appears to be the number one most sought after used business jet. Many others continue to hold their value – as much as 3.9% over the last 12 months. Third Quarter Gains

Falcon 7X nearly certified. The world’s first fly-by-wire business jet recently passed another milestone toward receiving certification, as the hot weather trials neared successful completion in the Tunisian desert. The next step toward certification is high-altitude testing and will be followed by high altitude landings in Colorado before the end of this year. First deliveries are anticipated for 2008. Falcon 7X

Rolls Royce Sees Continued Growth In Biz Jet Deliveries. The company anticipates continued growth in business jet deliveries through the rest of this decade. It also forecasts the engine market to be worth $70 billion over the next 20 years to meet demand for aircraft ranging from VLJ’s to business jetliners. Medium and large business jets are expected to grow 142% by 2025. Rolls Royce

Honeywell’s Outlook On Bizjet Market Through 2016. Honeywell has released their most optimistic forecast yet, predicting shipments of nearly 12,000 new aircraft by OEMS through 2016. They anticipate business jet makers will exceed 1,000 deliveries in a single year for the first time in history in 2007. Backlogs are predicted to nearly reach 2,500 aircraft. Honeywell

Broadband Coming to Aircraft Cabins. AirCell announced last week that the FCC has granted a request for certain radio frequencies that will enable them to provide exclusive broadband connectivity to aircraft. Availability could be as early as 2008. Initial offerings include wireless internet connectivity, allowing passengers ability to use their own Wi-Fi laptops and PDA's. AirCell will be the exclusive U.S. Provider of thses services. AirCell

Cessna Looking at Large Cabin Market. Cessna unveiled a “Large Cabin Concept” Citation at the NBAA annual meeting and convention in Orlando, FL as one of three new products. The concept would have a stand-up cabin, comparable to the Gulfstream models. The Large Cabin Concept, or LLC, would open a new market for the nearly 80-year- old company. Cessna

Piaggio America Opens New Parts Facility. The new facility, located three miles from Florida’s Palm Beach International Airport and Piaggio America headquarters, contains more than 2,200 square feet of space. This new facility comes in the wake of an increase in availability of spare parts and Piaggio’s plans to double the size of its inventory. Piaggio America

Eclipse begins to Construct Service Centers. The Eclipse 500 is fully certified and the company has received its FAA Repair Station certification. Ground has been broken at its first service center, located in Albany, NY. Eventually, there will be an additional six service centers within the U.S. Eclipse