Buisness aviation news

Gulfstream Aerospace Corp. will exhibit two of its award-winning next-generation business jets at the Dubai Airshow on November 13-17: the ultralong-range Gulfstream G700 and the class-leading Gulfstream G500.

FCG OPS continues its partnership with the International Flight Operations Academy (IFOA), that provides access to world-class quality training and professional development services for aviation organizations and individuals eager to enhance their careers in different air transport industry sectors.

Lilium N.V., developer of the first all-electric vertical take-off and landing jet, has signed an agreement that appoints ArcosJet DMCC (“ArcosJet”), a Dubai-based leader in business aircraft brokerage, the exclusive authorized dealer for private sales for the Lilium Jet in the United Arab Emirates (UAE), Israel, and Republic of Cyprus. The agreement includes a commitment fee payment to Lilium and grants ArcosJet exclusivity on private sales. With this agreement, ArcosJet becomes Lilium’s first reseller in the Middle East and its fifth global dealer.

The Leonardo AW169 light intermediate twin engine helicopter’s operational capabilities and range of options will grow further with the launch of a 5,100-kilogram (11,243-pound) IGW kit and an 11-seater configuration fully compliant with the IOGP (International Association of Oil & Gas Producers) Report 690.

Cirrus Aircraft today revealed the Special Edition Vision Jet (SF50) to commemorate 500 deliveries of the world's first single-engine personal jet. The Vision Jet has been the best-selling jet for five years and has become a proven asset for business and personal travel, widely utilized by Part 91 and 135 operators. With inflight Wi-Fi and the Cirrus IQ mobile app, the G2+ Vision Jet is now more connected than ever enabling streamlined business travel.

Archer Aviation Inc., an electric vertical takeoff and landing (eVTOL) aircraft company, announced its flight test program hit another key milestone as the company’s Midnight aircraft took flight.

Honda Aircraft Company introduced Aircraft Management Services (AMS), a customer-centric service solution designed to make HondaJet ownership effortless while offering owners greater control and predictability over maintenance demands.

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Farnborough Airport has today announced the sale of its millionth litre of Sustainable Aviation Fuel (SAF), further highlighting its aim to be a sustainability showcase for airports around the world.

Since its inception in 2004, VistaJet, the first and only global business aviation company, has distinguished itself by doing things differently with the aim of making private flying simple and efficient. Continuing to challenge the boundaries of what is possible at 40,000 feet, VistaJet’s latest initiative is no less impressive — introducing the VistaJet Wellness program.

Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced that it has entered into a Restructuring Support Agreement (“RSA”) with (i) majorities of its first lien lenders and bondholders and (ii) its equity sponsor under which such key stakeholders have agreed to support an expedited balance sheet restructuring. Implementing the restructuring contemplated by the RSA will reduce the Company’s total debt by approximately $1.7 billion, increase liquidity and position the business for long-term success by allowing it to focus on its growth and development strategies.

As of October 2023, HeliFlite, the leading private, luxury helicopter charter provider, has expanded its operations to include international routes to the Bahamas and Caribbean.

Textron Aviation today announced that Hahn Air has entered into a purchase agreement to be the European launch customer for the just-announced Cessna Citation CJ3 Gen2. The deal, inked during the National Business Aviation Association – Business Aviation Convention & Exhibition (NBAA-BACE) event at Las Vegas, also includes a new Cessna Citation Latitude. Both aircraft are expected to deliver in 2026.

The Third Quarter 2023 Market Report released by the International Aircraft Dealers Association (IADA) predicts a significantly larger market going forward. The report includes hard sales data in addition to the perspectives of IADA’s global members, who know the industry well.

Phenix Jet Cayman (Hong Kong), a group company of Sojitz Corporation, has announced the opening of Phenix Jet Cayman SEZC Singapore Branch in response to the growing demand for aircraft management and charter services in Southeast Asia.

Gulfstream Aerospace Corp. and FlightSafety International recognized the 10th anniversary of their complimentary ground handling and servicing training program.

In a first-of-its-kind partnership, Jetquity has joined forces with Jetcraft, the global leader in business aircraft sales, acquisitions and trading, to offer its pioneering Residual Value Program to Jetcraft’s extensive client base.

AB Jets and Bombardier announced the acquisition by AB Jets of three Bombardier Challenger 3500 aircraft, with a contractual option to order a fourth by the end of 2023. Adding the industry’s best super-midsize business jet to their fleet marks a transformational new chapter for the Argus Platinum-rated private charter company.

VIP Completions, providers of aircraft completions and refurbishment services, today announced a new project – the comprehensive interior refurbishment of a Boeing Business Jet (BBJ). Since the company was founded almost a decade ago, the VIP Completions team has extensively refurbished six BBJs, two Boeing 757s, a Boeing 767 and a Boeing 727, clearly establishing its expertise in Boeing corporate airliner completions projects.