Exploring the Potential for Very Light Jets (VLJs)

The weary bands of commercial jet travellersPhenom. Now with considerable experience in the
become even wearier at the prospect of even biggermanufacture of short-haul regional jets, the Brazilian
airports, even bigger jets, longer check-in times andmanufacturer is designing a wider aircraft with more
longer delays. The joy of turning up at the local airfieldheadroom and elbow room than the competition.
with your little band of passengers, your destinationDesigned to carry seven passengers plus a pilot, the
another small airfield up to 1,200 miles away, is nowprice tag is expected to be around USD2.75m
spreading. Whether the purpose of the trip is businessGBP1.6m when it becomes available in mid-2008.
or pleasure - just popping down to the yacht for aHonda are also rumoured to have a plan on the
couple of days - or just catching an air taxi, it's thedrawing board as well as numerous start-up
price of the VLJ which is going to bring the experiencecompanies around the globe, some of whom will
to people a little further down the food chain. Currently,doubtless become casualties along the way. Whilst the
the least expensive private jet checks out at aroundUS FAA is predicting only 100 of the new breed of
USD4m/GBP2.3m. The VLJ revolution will bring aircraftVLJs flying by the end of this year, it is suggesting an
to market from USD1.3m/GBP750,000 starting inannual growth of 1,000 a year by the end of the
August this year.decade. The prospect of thousands of small jets
The cheapest, the USA manufactured five-seatnetworking the world's tens of thousands of small
Eclipse will be the first to roll out with firm orders,airfields will be a dream come true for large numbers
together with deposits for 2,400 aircraft on the books.of business travellers and HNWIs bent on pleasure. It
It's ahead of the competition in terms of timing andwill, however, present a new challenge to air traffic
price but not in terms of facilities: there's no loo.control centres, which will need to factor a growing
Next to market in December will be the Cessnanumber of novel aircraft movements into their
Citation Mustang. Also a five seater, it's faster than thecalculations.
Eclipse and also nearly twice the price (USD2.5mWith such a large new industry beginning to unfold, it
GBP1.4m), but at least there's a loo on board.seems certain that the Isle of Man's Aircraft Registry
Also due out in December is the Adam A700. With sixwill be a success for those wishing to register an
seats but a lower speed and range than theaircraft on this side of the Atlantic.
competition, it may also struggle on price at USD2.1mRemember, ILS has the right corporate structures
GBP1.2m.available when it comes to VLJ purchasing, whether a
Largest of the planned VLJs will be Embraer'ssingle aircraft or a whole fleet is under consideration.