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WINGX’s weekly Business Aviation Bulletin.
The General Aviation Manufacturers Association (GAMA) published the Third Quarter 2022 General Aviation Aircraft Shipment and Billing Report. The aircraft manufacturing industry’s results for the first nine months of 2022, when compared to the same period in 2021, point to increasing aircraft deliveries across all segments along with an increase in the overall value of the aircraft shipments.
WINGX’s weekly Business Aviation Bulletin.
In Q3 2022, the business jet market exhibited strong performance, continuing a trend that began in the second half of 2020. Driven by new users and returning customers, flight operations improved on a year-over-year basis, while demand translated into strong order activity as reported by manufacturers.
Inventory levels for most categories of pre-owned aircraft have maintained a steady rise since January, according to new Sandhills Global aviation industry market reports. The reports, which cover used aircraft in Sandhills marketplaces, also show that despite consecutive months of inventory increases (which often coincide with declining asking values), used aircraft asking values have also shown steady increases.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
Bombardier announced the official inauguration of its new Miami-Opa Locka Service Centre at the Miami-Opa Locka Executive Airport (OPF) in Miami-Dade County, Florida.
WINGX’s weekly Business Aviation Bulletin.
European business aviation flight activity continues to decline as we approach the end of October. We observed a 4.5% decline in traffic between the second and third week of the month. This same time last year we observed a 0.5% increase in flights.
WINGX’s weekly Business Aviation Bulletin.
Honeywell's 31st annual Global Business Aviation Outlook forecasts up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, which is up 15% in both deliveries and expenditures from the same 10-year forecast a year ago. This year, surveyed operators reported new jet purchase plans on par with 2019 levels, with fleet addition rates doubling from last year's reported intentions. Respondents' feedback in this year's survey aligns with industry reports of sold-out business jet production lines for the next several years.
Honda Aircraft Company revealed the “HondaJet Elite II” at the 2022 National Business Aviation Convention and Exhibition (NBAA-BACE), a new upgraded aircraft that features a host of key advancements in performance and comfort. The company also announced the introduction of automation technologies.
WINGX’s weekly Business Aviation Bulletin.
Honda Aircraft Company today announced the addition of a new “Upgrade Package for the HondaJet Elite”. The package offers current HondaJet Elite owners the opportunity to implement Honda Aircraft Company's latest performance and avionics software upgrades on their aircraft.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
Gulfstream Aerospace Corp. announced the 500th Gulfstream G650 and G650ER customer delivery was made at Gulfstream’s Appleton, Wisconsin, completions facility.
WINGX’s weekly Business Aviation Bulletin.
Jetcraft, the global leader in business aircraft sales, acquisitions and trades, is releasing Ever Forward, its 5-Year Pre-Owned Business Jet Market Forecast, identifying significant market opportunities and global trends.