Main news
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.
Bombardier announced today that its new award-winning Challenger 3500 business jet, destined for the program’s launch customer, Les Goldberg, Chairman and CEO of Entertainment Technology Partners, has entered into service. Mr. Goldberg, a long-time Bombardier customer, was previously announced as the launch customer for the new super mid-size aircraft at NBAA 2021 and will take ownership of the aircraft later this year.
WINGX’s weekly Business Aviation Bulletin.
WINGX’s weekly Business Aviation Bulletin.
On October 7, 2022, with the support of the Interstate Council on Aviation and Airspace Use, as well as the Ministry of Transport of Russian Federation, Federal Air Transport Agency, Federal Authority for Transport Oversight and the State Civil Aviation Agency under the Ministry of Digital Development and Transport of the Republic of Azerbaijan, the 11th Air Law Conference will be held in Baku.
WINGX’s weekly Business Aviation Bulletin.
Flight counts across the North American business aviation market remain consistent through the last full week of August.
WINGX’s weekly Business Aviation Bulletin.
The General Aviation Manufacturers Association (GAMA) published the Second Quarter 2022 General Aviation Aircraft Shipment and Billing Report.
Business Aviation flight activity in the European market has plateaued as we finish off the first half of August.