Buisness aviation news
Compared to last year, April’s trends are stronger than March, with growth in most of the top markets. UK, France and Germany were exceptions in Europe, with the charter market notably weakening. Bizjet activity in the Middle East saw further erosion, markedly Saudi Arabia. In the US, large business jets are seeing strongest demand. US charter demand is tailing off this month, Part 135 flights down 6% in week 16.
The first quarter of 2024 ended on a buoyant note with an uptick in preowned business aircraft sales, according to the International Aircraft Dealers Association (IADA). IADA’s First Quarter 2024 Market Report also indicated an optimistic outlook for the next six months.
Gulfstream Aerospace Corp. announced the commencement of customer deliveries for the all-new Gulfstream G700. The first two G700 aircraft have been delivered and are now in service with Gulfstream customers.
Textron Aviation's commitment to sustainability has been recognized once again as its global service network received recertification as a Green Aviation Business from the National Air Transportation Association (NATA). This recognition is part of NATA's Sustainability Standard for Aviation Businesses program, which encourages environmental sustainability within the industry.
Lilium N.V., developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that it has started production of the advanced, aviation grade battery packs that will power the Lilium Jet on its first piloted flight, targeted for end of 2024. This latest milestone represents a landmark in the development of the Lilium Jet and follows extensive testing of battery pack subcomponents from individual cell to stack level with a focus on performance, safety and regulatory conformity.
Geopolitical tensions are visibly impinging on bizjet demand, with flights in the Middle East dropping off 20% in Week 15. The European market has idled this year, stagnating around the same levels of demand 5 years ago. The US market is still growing, especially for the top operators. Bizjet visitors to airports hosting the Masters golf tournament were up by 15% compared to last year’s event.
Gulfstream Aerospace Corp. announced the all-new Gulfstream G700 has earned additional Federal Aviation Administration (FAA) certifications following the G700 FAA type certification on March 29. The new production and interior supplemental type certifications further clear the G700 for customer deliveries and entry into service.
Piper Aircraft invites all attendees to stop by and view the all-new, 300-knot capable M700 FURY, along with the latest avionics upgrades for the M350 and the commuter favorite Archer LX at Sun ‘n Fun in Lakeland, FL. All three aircraft will be on display painted alike using custom colors and designs created by their paint facility in Vero Beach, Florida, for the launch of the new flagship. Piper will also have the Seminole and Pilot 100i trainer class aircraft on static display at the show.
Gulfstream Aerospace Corp. announced it will showcase the class-leading Gulfstream G500 at AERO Friedrichshafen on April 17-20. The clean-sheet G500 offers best-in-class performance with advanced safety features and an optimal combination of speed, wide-cabin comfort and efficiency.
The European Commission has adopted a package of secondary legislation on drones and vertical take-off and landing (VTOL) capable aircraft, which puts the final rules in place for the launch of Innovative Air Mobility (IAM), including air taxi services.
Finding crucial information in flight manuals is now faster and more intuitive than ever with Web Manuals’ ground-breaking artificial intelligence-enhanced search, pioneering the use of AI for pilots’ manuals.
Textron Aviation's legendary Cessna Caravan turboprop family has surpassed 25 million flight hours, reinforcing the Caravan as the most produced single-engine utility turboprop of all time.
At the start of April (1st – 7th), global bizjet sectors are 2% ahead of comparable last year, trailing 2022 by 4%, 37% ahead of 5 years ago. Over the same period, scheduled airline activity is 24% ahead year-on-year, 12% ahead of 2019. Dedicated cargo sectors start this month are 3% ahead of last year, 18% ahead of 2019.
Switzerland-based charter provider CAT Aviation AG selected Satcom Direct, the business aviation solutions provider, to equip the first Dassault Falcon 6X to enter service with a suite of connectivity solutions. The “nose-to-tail” portfolio of solutions includes a flight-deck communication datalink delivered through the SD FlightDeck Freedom service and a dual cabin connectivity service that optimizes Iridium voice capabilities in parallel with Jet ConneX, the high-speed broadband service connected with the Viasat Global Xpress constellation.
Textron Aviation announced that Cessna Citation CJ2 owners can soon enhance their aircraft with the installation of the new all-Garmin CJ2 avionics upgrade at any of the company’s global service network locations, following supplemental type certification expected in the first half of 2024.
Daher’s Aircraft Division is marking the company’s presence at the 50th SUN ’n FUN Aerospace Expo with its Model Year 2024 version of the TBM 960 fast and efficient turboprop-powered aircraft, which incorporates new updates for enhanced pilot awareness and lower workload – while also sporting an updated paint scheme.
The Federal Civil Aviation Agency of Mexico (AFAC) has authorized maintenance services in Basel, Geneva, and Zurich.
Over the past couple of years, the business aviation market of Central Asian countries, as if awaking from the instability that followed the pandemic and global economic adjustment, has begun to form rapidly, but now with a fundamentally new picture of the customer. The undisputed leaders of this growth are Central Asian countries where the clientele, which enjoy new economic opportunities and international cooperation, want their business activities to be not only profitable, but also comfortable.