Message from Dave Rankin

Message from David Rankin, Founder & President, on behalf of the Peregrine team

Peregrine is well placed to help you with your aircraft engineering needs, from environmental systems to avionics upgrades, and everything in between.

Aircraft industry forecasting is swinging from wildly optimistic to “gloom and doom” with surprising regularity.  The past year’s COVID-19 pandemic has squelched commercial air travel significantly and has given pause to business travel. However, looking at the business aircraft industry outlook through the eyes of a number of the analysts, the trend points to a recovery in both new aircraft sales and existing aircraft utilization.

Peregrine is well placed to provide solutions for modernizing existing aircraft with COVID-19 elimination systems integrated in environmental control systems, TCAS II Change 7.1 updates, cockpit updates and engineering services to enable your solutions to meet your customer requirements. Our STC process has been demonstrated with over 25 STCs and can tailor a program to your needs

We are closing in on our FAA ODA capability and are looking forward to announcing this in the very near future.

Give us a call or send us a message – we’d be happy to discuss with you how we can support you in meeting your customers needs and expectations.

 

Industry analysts indicate that Business Aviation is on the path to Recovery

“The business jet industry is poised for a quick recovery," Teal Group VP of Analysis Richard Aboulafia said during a virtual presentation this morning to the Wichita Aero Club. That prediction comes despite a number of contradictory business aviation indicators, including lower corporate profits but strong performance in the equities markets. “I’m also concerned about oil prices,” he said. “Although there again, you’re getting a bit of a recovery. They had been quite bad last year.” Despite the mixed indicators, Aboulafia is optimistic that a rebound is coming soon for the industry. “If I had to summarize all of this information and all of these contradictory indicators, I would just say, ‘Hey, it’s so much better than 2008,’” he said. “There’s so much more hope that we…start seeing a recovery even in the back half of this year.”

Analyst Sees Quick Bizav Recovery, by Jerry Siebenmark

"The global business jet market in fact has been faring much better than commercial aviation, marking a major departure from the usual trend owing to social distancing mandates, and has witnessed a strong uptick in fleet utilization levels by late 2020 and is projected to make a recovery to pre-COVID levels, in terms of fleet utilization, by mid-2021."

Global Business Jet Market (2021 to 2030) - Growth Opportunities, Force Field Analysis & Outlook

"When the final numbers are in on pre-owned sales, it’s expected that 2020 used transactions will have been on par with 2019, a remarkable accomplishment given the challenges thrown at the industry. Concerning new sales, while new business jet deliveries are expected to have ‘cratered’ 25-30% in 2020, my 2021 forecast anticipates 15% more deliveries than last year.”

Brian Foley, Business Aviation Market Overview - January 2021