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The Aircraft Electronics Association released its first-quarter 2023 Avionics Market Report. In the first three months of the year, total worldwide business and general aviation avionics sales amounted to $777,640,387.48, or more than $777 million as reported by the participating companies.

New research by Horizon Aircraft (“Company” or “Horizon”), a Canadian based innovative leader in hybrid electric Vertical Take-off and Landing (eVTOL) aerial vehicles, reveals Canada is seeing strong growth in its business aviation sector. In 2022, there were 182,354 business aircraft departures in Canada, which was 35.63% more than in 2019 (before the pandemic) when the corresponding figure was 134,445. Globally, there was a rise of 16.78% in the number of business aircraft departures between these two years.

WINGX’s weekly Business Aviation Bulletin.  

The aviation specialist predicts a total of 11,429 transactions representing $74.4B in revenue over the next five years

WINGX’s weekly Business Aviation Bulletin.  

Global Jet Capital, a global leader in financial solutions for business aircraft, released its annual Business Jet Market Forecast today. In the updated report, the company projects continued growth for the next five years. The forecast also contains insights and projections for the business aviation market through 2027, including breakdowns of new deliveries and pre-owned transactions. The high level of detail in the report is based on outputs generated by Global Jet Capital’s proprietary transaction forecast model.

WINGX’s weekly Business Aviation Bulletin.  

Nearly six months on from ALTEA’s insight into the pre-owned business jet marketplace, the specialist consulting firm examines their predictions as the business aviation industry plans to gather at EBACE (European Business Aviation Conference & Exhibition) in Geneva in just a few days’ time.

Vista Global Holding (Vista), the world’s leading global private aviation group, provides an update on Q1 2023, with high double-digit growth and strong sales momentum in 2022 continuing to prevail through 2023.

NetJets has signed a new deal with Embraer for up to 250 Praetor 500 jet options, which includes a comprehensive services and support agreement. The deal is valued in excess of US $5 billion, with deliveries expected to begin in 2025, and will be NetJets’ first time offering the midsize Praetor 500 to customers.

WINGX’s weekly Business Aviation Bulletin.  

Vista Global Holding (Vista), the world’s leading private aviation group, has today announced that it will be centralizing and expanding its aircraft trading service offerings with a dedicated focus on worldwide trading of business aircraft across corporates, private owners and the brokerage market.

“For an aircraft to fly well, it must be beautiful,” Marcel Dassault famously said. Already well known for the sleek Mirage fighters, Dassault –the man and the company –proved the adage once again on May 4, 1963 with the first flight of the Mystère 20, the company’s first business jet. With an eye toward the sizable American market, it was soon rebranded the Falcon 20.

WINGX’s weekly Business Aviation Bulletin.  

AERO 2023 has once again lived up to its claim of being the leading international trade show for General Aviation with this year's edition.

WINGX’s weekly Business Aviation Bulletin.

Textron Aviation today announced the delivery of its 400th Citation CJ4 series aircraft to Koch Holdings of Easton, Pennsylvania. This milestone delivery for the Cessna Citation CJ4 series reinforces the Citation family as the world’s most popular line of business jets and demonstrates the company’s commitment to continued innovation for customers as exemplified in the latest Citation CJ4 Gen2 aircraft.

With the current economic climate and uncertainty, being up to date on data trends is your best way to prepare for summer. To help create some clarity we want to share Avinode data and insights more regularly. Here are the latest demand indications for charter within Europe and the US.

Daher announced the European airworthiness validation for its Kodiak 900 – the larger and faster version of the robust and rugged Kodiak 100 turboprop-powered aircraft.

WINGX’s weekly Business Aviation Bulletin.