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WINGX's weekly Business Aviation Bulletin for 16th November, 2023

New research from Jekta, the Switzerland-based manufacturer, has identified regions where strong operating economics deliver real potential for bringing affordable, accessible regional air mobility to populations otherwise denied it through lack of infrastructure and high cost. Dubbed The Jekta Factor, the coefficient shows how variations in electricity cost are fundamental to the viability of all-electric aircraft, and demonstrates the OEM’s ground-breaking efforts in defining the next era in amphibious aviation through the identification of optimal operating regions, infrastructure and markets.

WINGX's weekly Business Aviation Bulletin for 9th November, 2023

The Aircraft Electronics Association released its third-quarter 2023 Avionics Market Report. In the first nine months of the year, total worldwide business and general aviation avionics sales amounted to $2,415,800,131.52, or more than $2.4 billion as reported by the participating companies.

WINGX’s weekly Business Aviation Bulletin.  

The Leonardo AW169 light intermediate twin engine helicopter’s operational capabilities and range of options will grow further with the launch of a 5,100-kilogram (11,243-pound) IGW kit and an 11-seater configuration fully compliant with the IOGP (International Association of Oil & Gas Producers) Report 690.

Cirrus Aircraft today revealed the Special Edition Vision Jet (SF50) to commemorate 500 deliveries of the world's first single-engine personal jet. The Vision Jet has been the best-selling jet for five years and has become a proven asset for business and personal travel, widely utilized by Part 91 and 135 operators. With inflight Wi-Fi and the Cirrus IQ mobile app, the G2+ Vision Jet is now more connected than ever enabling streamlined business travel.

WINGX’s weekly Business Aviation Bulletin.  

Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced that it has entered into a Restructuring Support Agreement (“RSA”) with (i) majorities of its first lien lenders and bondholders and (ii) its equity sponsor under which such key stakeholders have agreed to support an expedited balance sheet restructuring. Implementing the restructuring contemplated by the RSA will reduce the Company’s total debt by approximately $1.7 billion, increase liquidity and position the business for long-term success by allowing it to focus on its growth and development strategies.

The Third Quarter 2023 Market Report released by the International Aircraft Dealers Association (IADA) predicts a significantly larger market going forward. The report includes hard sales data in addition to the perspectives of IADA’s global members, who know the industry well.

WINGX’s weekly Business Aviation Bulletin.  

Honda Aircraft Company today revealed “HondaJet Echelon” as the official name of its new light jet at 2023 National Business Aviation Convention and Exhibition (NBAA-BACE). The name signifies the company's visionary path for the next-generation business jet, elevating efficiency to new heights while also delivering premium comfort and convenience.

Textron Aviation announced the newest Cessna Citation business jet in the company’s legendary lineup — the Cessna Citation CJ3 Gen2. Unveiled on the eve of this week’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, the Citation CJ3 Gen2 raises the bar in the light jet market as the company’s most comprehensive Gen2 product announcement to date.

Honeywell's 32nd annual Global Business Aviation Outlook forecasts up to 8,500 new business jet deliveries worth $278 billion from 2024 to 2033, in line with the same 10-year forecast a year ago. This

WINGX’s weekly Business Aviation Bulletin.  

Airbus Helicopters' demonstrator FlightLab has successfully tested an electric flight control system in preparation of a new human machine interface (HMI) that will equip CityAirbus NextGen, Airbus’ eVTOL prototype. This milestone represents an important step towards ushering in a new generation of electric powered urban air mobility aircraft.  

Gulfstream Aerospace Corp. announced the clean-sheet, next-generation Gulfstream G500 has been certified for steep-approach operations by the U.S Federal Aviation Administration (FAA), giving the aircraft access to some of the world’s most challenging airports.

Embraer unveiled the Phenom 100EX business jet, the company’s latest evolution from the Phenom 100 series, which has served its loyal customers since 2008 with over 400 aircraft in operation.

Beginning with new aircraft deliveries in 2024, Pilatus has extended the payload-range capability of its Super Versatile Jet to achieve a maximum range with six passengers of 2,000 nautical miles (3,704 kilometers). Pilatus also incorporated an array of new interior amenities, including a large side-facing divan which can be converted into a bed!

Textron Aviation announced that it has delivered the 100th flagship Cessna Citation Longitude business jet to a longtime Citation customer. Textron Aviation employees celebrated this significant milestone with a special celebration at the company’s headquarters in Wichita.