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April strong so far, both US and Europe up on last year, though Middle East slowing
April strong so far, both US and Europe up on last year, though Middle East slowing

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.

Gulfstream begins G700 customer deliveries
Gulfstream begins G700 customer deliveries

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.

Cessna Caravan family soars past 25 million flight hours
Cessna Caravan family soars past 25 million flight hours

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.

Global bizjet activity 2% ahead of opening 7 days of April 2023
Global bizjet activity 2% ahead of opening 7 days of April 2023

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.

Development of MRO business aviation services in Central Asia
Development of MRO business aviation services in Central Asia

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.

Global bizjet activity in Q1 flat on last year, -2% vs 2022
Global bizjet activity in Q1 flat on last year, -2% vs 2022

Overall flight volumes are so far very similar to last year, but with considerable variance by region and operator type, with demand in Europe clearly ebbing, the US flat overall but at record highs in New Jersey, fractional operations powering ahead.

Gulfstream G700 earns FAA certification
Gulfstream G700 earns FAA certification

Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), announced the all-new Gulfstream G700 has received Federal Aviation Administration (FAA) type certification, paving the way for customer deliveries of the most spacious aircraft in business aviation.

Spring Break lifts US bizjet activity above March 2023
Spring Break lifts US bizjet activity above March 2023

Business aviation activity is robust everywhere but Europe in March 2024. The core US market is normally busiest this time of year, and is slightly stronger than March last year when demand was affected by the regional banking crisis, but still some way off the peak in the post-Covid market back in March 2022.

Bizjet demand steady in US, dips in Middle East
Bizjet demand steady in US, dips in Middle East

Spring Break in the US has seen the usual surge in bizav in Florida, notably. Compared to same March period in 2019, Florida bizjet departures are up 56%.

Robinson Helicopter Celebrates 45 Years of the R22
Robinson Helicopter Celebrates 45 Years of the R22

Robinson Helicopter Company, the world’s leading manufacturer of civil helicopters, celebrates the 45th anniversary of its iconic two-seat R22 helicopter. On March 16, 1979, Robinson received FAA certification for the R22, which has been enshrined in the Smithsonian Museum since September 2004.

Bizjet demand buoyant, notably in South America and Asia
Bizjet demand buoyant, notably in South America and Asia

Year on year, the latest week saw strong growth, keeping 2024 a little ahead of 2023. The US is providing the ballast, with strong growth in South America and Asia, offsetting a slide in European demand.

CityAirbus NextGen makes its debut
CityAirbus NextGen makes its debut

Airbus has presented its full electric CityAirbus NextGen prototype to the public, ahead of its maiden flight later this year. The two-tonne class CityAirbus, with a wing span of approximately 12 metres,  is being developed to fly with a 80 km range and to reach a cruise speed of 120 km/h, making it perfectly suited for operations in major cities for a variety of missions.  

Bizjet demand bounces back in up in Feb-24 year on year
Bizjet demand bounces back in up in Feb-24 year on year

Globally, bizjet flights were up 1% last week, slightly ahead of the flat last 4-week trend, a considerable improvement on the relatively weak demand in January. The US market is holding up, Europe is dipping compared to last year, the Middle East also, whereas bizjet demand in South America and Asia is well up on last year.

Sikorsky looks to future family of VTOL systems
Sikorsky looks to future family of VTOL systems

Sikorsky, a Lockheed Martin company (NYSE: LMT), unveiled its plan to build, test and fly a hybrid-electric vertical takeoff and landing demonstrator (HEX/VTOL) with a tilt-wing configuration.

Bizjet demand strong in week 8, reducing in YTD deficit
Bizjet demand strong in week 8, reducing in YTD deficit

Global bizjet trends are flat over the last 4 weeks, recovering from the dip at the start of the year. The most recent week showed a 3% increase in the US, with Part 135 activity out of Florida up 11%, but Canada continues to see steep declines. Europe is flat, extending a 3% decline over the last month.

Global bizjet demand trailing last year by 3% in Week 7 2024
Global bizjet demand trailing last year by 3% in Week 7 2024

Holiday bizjet traffic during Presidents´ Day shows demand is still quite robust in the US, only 2% below last year´s high point. Bizjet traffic in Europe is slumping, down 10% in week 7, deteriorating on the 5% decline in the last 4 weeks. Demand in Germany is wilting, but still high levels of traffic in Spain. Bizjet activity in the Middle East is down. Australia is still a growth market.

GAMA Releases 2023 Aircraft Shipments and Billings Report
GAMA Releases 2023 Aircraft Shipments and Billings Report

The General Aviation Manufacturers Association (GAMA) released the 2023 General Aviation Aircraft Shipments and Billings Report during its annual State of the Industry Press Conference. Overall, when compared to 2022, all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $27.8 billion, an increase of 3.6%.

Week 6-24 sees solid US market, only 2% down from 2023 peaks
Week 6-24 sees solid US market, only 2% down from 2023 peaks

Business jet activity was stronger this week than last, picked up 4%, with particularly big increase in the UK, flights up 26%; this may indicate the peak ski season around school break. Business jet activity in South America is hitting peak levels. In Turkey, activity is a lot lower than the high demand last year, during the earthquake. The Middle East is seeing substantially lower demand year on year. The overall market is only modestly behind 2023, due to the stability in the US market, where Texas and Florida still have strong demand.

Piper Announces the M700 FURY
Piper Announces the M700 FURY

Piper Aircraft, Inc. announced a new model in its PA46 line of high-performance aircraft—the Piper M700 FURY—a single-engine, 700 shaft horsepower, cabin-class turboprop.

FAA approves new empennage design for Robinson R44
FAA approves new empennage design for Robinson R44

Robinson Helicopter Company has secured FAA approval for a new empennage configuration for its R44 aircraft. This accomplishment follows the FAA’s prior approval for the same configuration on the R66 Turbine, announced in September 2023.  The development and testing of the new empennage design spanned several years, resulting in enhance handling characteristics during high-speed flight.

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