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WINGX’s weekly Business Aviation Bulletin.
Dassault Aviation is introducing a new concept in passenger comfort—the Falcon Privacy Suite, that will offer more personal space, greater peace and quiet, and a more comfortable and restful sleep on long flights.
Textron Aviation announced at the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, that it has earned European Aviation Safety Agency (EASA) type certification for the Cessna Citation XLS Gen2 business jet. The company is set to make its first European delivery of the XLS Gen2 to Porsche Air Service GmbH of Salzburg, Austria, in the coming weeks.
WINGX’s weekly Business Aviation Bulletin.
Russia’s war in Ukraine has hurt the aviation sector, not only in Ukraine proper, but for operators that previously did business in Russia or customarily flew over the country. Separately, economic sanctions imposed on Russia have resulted not only in a direct loss of business, but a spate of challenges related to aircraft with any ties to Russia.
Trends in North American business aviation flight activity continue to track upwards as we navigate through various economic challenges. Flight activity for the third week of May is up 16.5% from 2019 pre-pandemic levels and up 11.4% year over year from 2021.
Bombardier today unveiled the newest member of its industry-leading business jet portfolio with the introduction of the Global 8000 aircraft, the world’s fastest and longest-range purpose-built business jet, innovatively crafted with the industry’s healthiest cabin for safety, comfort and performance beyond compromise.
The General Aviation Manufacturers Association (GAMA) published the First Quarter 2022 General Aviation Aircraft Shipment and Billing Report. The aircraft manufacturing industry’s results for the first three months of 2022, when compared to the same period in 2021, point to increasing aircraft unit deliveries across each aircraft segment while the overall value of the aircraft shipments was slightly lower.
WINGX’s weekly Business Aviation Bulletin.
By Jonathan M. Epstein and Libby Bloxom, Holland & Knight LLP
Spring 2022 continues to yield a consistent weekly pattern of North American Business Aviation flight activity.
WINGX’s weekly Business Aviation Bulletin.
Over the course of last week, North American business aviation followed the standard flight activity model increasing mid-week and tapering off into the weekend.
The latest update to the best-selling midsize business jet family of the 21st century has entered into service.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
North American business aviation flight activity rose rapidly following the Easter holiday weekend. A peak in activity was observed on Monday, April 18 with over 12,000 flights recorded.
WINGX’s weekly Business Aviation Bulletin.
A spike in North American business aviation flight activity was observed Thursday of this past week ahead of the Easter holiday weekend.
Fueled in large part by first time buyers, the pre-owned business aircraft market set new records for demand during Q1 2022, resulting in just 3.1% of the active aircraft fleet available for sale, as of March 31, reports the Asset Insight AI2 Market Report.