IBA is Awarded CAMO Approval for ATR 72, Gulfstream G450, G550 and the New G650 – it is the First Stand-alone UK Company to Obtain this Approval
London, November 24th 2014: International Bureau of Aviation (IBA) is pleased to announce that it has been awarded EASA Part M, subpart G, CAMO approval with the addition of the ATR 72, Gulfstream G450, Gulfstream G550 and Gulfstream G650. IBA are particularly proud to have been awarded the Gulfstream G650 as this is a new and exciting aircraft type and IBA is the first stand-alone UK company (other than Gulfstream Luton) to achieve this approval.
Phil Seymour, IBA President and COO says, “The new aircraft additions show the diversity of IBA’s services ranging from the commercial fuel efficient turboprop workhorse that is the ATR72 to the most luxurious of long haul, fast business jets that is the G650. IBA has been increasingly involved in the transition of ATR72 aircraft from one jurisdiction to another and given the global reach of this aircraft type, expect more CAMO type work to evolve.”
A CAMO Approval enables IBA to manage the records, continuous airworthiness and maintenance planning for an aircraft and Chris Lennon, Asset Management Director of IBA’s new Business & Private Aviation Division adds, “The CAMO approval we now hold for the G450 through to G650 business jets is evidence that we are moving into a sector which has an increasing demand for independent services. The likes of corporations and high net worth individuals who own such assets have elevated expectations. They want to ensure that their aircraft are providing efficient services for their own use as well as occasionally being used for revenue generation. At IBA we are able to advise owners on which jurisdiction and aircraft managers to use to provide that flexibility, as well as providing the technical management via our CAMO service.”
According to IBA’s online commercial aircraft database, JetData, there are currently 710 ATR72 in service with 168 operators, with a further 268 models on order.
IBA’s in-house research shows that there have been 138 G650 deliveries since customers first took their aircraft in 2011/2012.
The order book appears strong although being a business jet, it is difficult to gauge precisely just how many are on back order. In 2013, Gulfstream delivered 44 examples. So far in 2014, Gulfstream has delivered just over 35, so IBA would not be in the least bit surprised to see 2014 total deliveries match those of 2013.
Thus far, 12 G650 have EASA jurisdiction registrations. IBA is very confident that the number of EASA registered G650s will rise steadily as the product matures. Added to this there are bound to be many more G650ER aircraft coming onto EASA registries once that model starts delivering.
