Buisness aviation news
Gulfstream Aerospace Corp. announced the final Gulfstream G650 has officially completed production. This aircraft will move to the next phase of the completions process at Gulfstream’s Appleton, Wisconsin, facility before making its official delivery to a customer later this year.
The Superbowl saw the biggest surge in bizjets since 2018, with departures on the day after the event 5x higher than the average daily departures this month so far. This reflects a general buoyancy in the US market since November. In contrast the European market is subdued, particularly in the UK, with an alarming 20% drop in bizjet flights this week. There will also be concerns over the impact of new business jet taxes in France, the busiest European market. In the Middle East, where bizjet traffic year to date is up 77% since 2019, demand in Saudi Arabia should get a boost from GACA announcing an opening-up to foreign operators from March this year.
Boom Supersonic, the company building the world’s fastest airliner, Overture, announced Boomless Cruise for its supersonic airliner, enabling supersonic travel over land without an audible sonic boom.
Gogo Business Aviation |Satcom Direct today announced the finalizing of a multifaceted Memorandum of Understanding (MoU) with Airbus.
Leading aircraft charter specialist, Air Charter Service, has opened its 35th office, and first in Italy, in the city of Milan.
Bombardier Inc. announced solid fourth quarter and full-year 2024 financial results, closing out the company’s fourth consecutive year of sustained growth across all key metrics.
Economic concerns are up this week in the wake of Trump’s trade war declaration. This will certainly worry bizjet OEMs outside the US, although, as a proportion of total activity, international flights to and from the US are a very small part. And flight demand is still seeing the positive effects of the Trump bump, with fractional demand particularly strong, endorsing Flexjet’s bumper billion-dollar new aircraft order this week.
Embraer Executive Jets, a division of Embraer, announced today a purchase agreement with Flexjet. The agreement comprises a fleet of Embraer business jets, which includes the Praetor 600, Praetor 500 and Phenom 300E models, as well as an enhanced suite of services and support.
The General Authority of Civil Aviation (GACA) of Saudi Arabia is opening the domestic private aviation market to international operators, by announcing the removal of cabotage restrictions for foreign on-demand charter flights within the Kingdom. The decision is part of GACA’s broader strategy to boost the private jet market, supported by the establishment of a sector development committee to engage international and domestic business jet operators.
The Civil Aviation Administration of China (CAAC) has approved ExecuJet MRO Services Malaysia, a wholly-owned subsidiary of Dassault Aviation, to do line and base maintenance on Chinese-registered Falcon 7X and Falcon 2000EX EASy aircraft.
Alandmark Oxford Economics study released 29th January outlined business aviation’s substantial economic contributions in Europe, warning that restrictive government policies could jeopardise up to ˆ120bn in foreign investments and 104,000 jobs by 2030.
Flexjet, a provider of luxury private aviation, has launched FXLUXE Travel Guides by Flexjet, an ultra-curated and exclusive travel series, designed by its chairman, Kenn Ricci, who has spent a lifetime traveling the globe.
Global bizjet demand got a double boost from Trump’s inauguration and the meeting of the World Economic Forum, well served from airports in the UK, France and Switzerland.
Bombardier Defense celebrated the first public unveiling of armasuisse’s newly-delivered Global 7500 multi-mission aircraft. The platform will be equipped for government and military personnel transport and for emergency evacuation missions.
Aero Asset, a global helicopter sales and market intelligence firm, has launched its Heli Market Trends 2024 Annual Report: Single-Engine edition. This report delivers an authoritative analysis of the global preowned market for single-engine helicopters featuring Aero Asset’s proprietary market intelligence and expert insight.
Eve Air Mobility and JetSetGo, a private aircraft charter and fractional ownership company, headquartered in New Delhi, India, have entered into an agreement to explore and advance the use of Vector, Eve’s cutting-edge agnostic Urban ATM (air traffic management) software solution in India.
Vista Global and Tri State Charter, one of the largest operators of VIP Bombardier CRJ and Challenger 850 aircraft, have announced a partnership agreement aimed at expanding and enhancing per-seat shuttle operations to and from premium leisure destinations in the US.