Main news

Thanksgiving holidays in the US were ahead of the 2019 holiday, also sustaining a pickup in November vs November last year. European bizjet traffic was flat compared to 2019, some 7% off the comparative traffic in 2019. As in Europe, both Asia and Middle East are seeing activity soften this November compared to last year.

On the sidelines of the Dubai Air Show, Jetex announced the unveiling of a new flagship private terminal in the heart of the UAE capital, in time for the Abu Dhabi Grand Prix.

The European Business Aviation Association (EBAA) has welcomed the recent decision by the Dutch government to suspend its plan to cap flights at Amsterdam's Schiphol Airport. The decision, announced by Infrastructure Minister Mark Harbers, marks a significant moment for the aviation industry.

WINGX's weekly Business Aviation Bulletin for 23th November, 2023

The General Aviation Manufacturers Association (GAMA) published the Third Quarter 2023 General Aviation Aircraft Shipment and Billing Report. The general aviation aircraft manufacturing industry’s results for the first nine months of 2023, when compared to the same period in 2022, show increased aircraft deliveries across all segments along with an increase in the overall value of the aircraft shipments.

WINGX's weekly Business Aviation Bulletin for 16th November, 2023

New research from Jekta, the Switzerland-based manufacturer, has identified regions where strong operating economics deliver real potential for bringing affordable, accessible regional air mobility to populations otherwise denied it through lack of infrastructure and high cost. Dubbed The Jekta Factor, the coefficient shows how variations in electricity cost are fundamental to the viability of all-electric aircraft, and demonstrates the OEM’s ground-breaking efforts in defining the next era in amphibious aviation through the identification of optimal operating regions, infrastructure and markets.

WINGX's weekly Business Aviation Bulletin for 9th November, 2023

The Aircraft Electronics Association released its third-quarter 2023 Avionics Market Report. In the first nine months of the year, total worldwide business and general aviation avionics sales amounted to $2,415,800,131.52, or more than $2.4 billion as reported by the participating companies.

WINGX’s weekly Business Aviation Bulletin.  

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.

WINGX’s weekly Business Aviation Bulletin.  

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.

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.

WINGX’s weekly Business Aviation Bulletin.  

Honda Aircraft Company today revealed “HondaJet Echelon” as the official name of its new light jet at 2023 National Business Aviation Convention and Exhibition (NBAA-BACE). The name signifies the company's visionary path for the next-generation business jet, elevating efficiency to new heights while also delivering premium comfort and convenience.

Textron Aviation announced the newest Cessna Citation business jet in the company’s legendary lineup — the Cessna Citation CJ3 Gen2. Unveiled on the eve of this week’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, the Citation CJ3 Gen2 raises the bar in the light jet market as the company’s most comprehensive Gen2 product announcement to date.

Honeywell's 32nd annual Global Business Aviation Outlook forecasts up to 8,500 new business jet deliveries worth $278 billion from 2024 to 2033, in line with the same 10-year forecast a year ago. This

WINGX’s weekly Business Aviation Bulletin.