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On reflection, 2022 has been a challenging year, however charter demand is up and Global Jet expects steady growth in the management segment as new buyers enter the market in search of transparency and service.

WINGX’s weekly Business Aviation Bulletin.

WINGX’s weekly Business Aviation Bulletin.

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group, yesterday opened the much-anticipated MEBAA Show 2022 at Dubai Airshow site (DWC).

Balance Aviation, the exclusive authorized Pilatus Sales and Service Center in Armenia, Azerbaijan, Bulgaria, Cyprus, Georgia, Greece, Uzbekistan, and Kazakhstan, has appointed Pure Technics as the Pilatus Aircraft service center in Kazakhstan. A ceremony celebrating the occasion took place at the service center at Nursultan Nazarbayev International Airport, Astana, on December 1, 2022, attended by representatives of Aviation Administration of Kazakhstan and airport executives.

WINGX’s weekly Business Aviation Bulletin.

Bombardier announced that NetJets, its long-time valued customer and a world leader in private aviation, will become the fleet launch customer for the Global 8000 aircraft.

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.