Main news

Global bizav heading for record year, although trend is weakening
Global bizav heading for record year, although trend is weakening

WINGX’s weekly Business Aviation Bulletin.  

2023 forecast remains positive for Global Jet
2023 forecast remains positive for Global Jet

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.

Bizjet bounce is fading but some leisure spots still seeing high demand
Bizjet bounce is fading but some leisure spots still seeing high demand

WINGX’s weekly Business Aviation Bulletin.  

Bizjet bounce is over in US and Europe, still surging in Middle East
Bizjet bounce is over in US and Europe, still surging in Middle East

WINGX’s weekly Business Aviation Bulletin.  

MEBAA Show 2022 opens as crowds gather to drive sustainable business aviation
MEBAA Show 2022 opens as crowds gather to drive sustainable business aviation

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 Authorizes Service Center for PC-12, PC-24 Aircraft in Kazakhstan
Balance Aviation Authorizes Service Center for PC-12, PC-24 Aircraft in Kazakhstan

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.

Thanksgiving jet activity down 6% on last year but up 13% on 2019
Thanksgiving jet activity down 6% on last year but up 13% on 2019

WINGX’s weekly Business Aviation Bulletin.  

NetJets Becomes Fleet Launch Customer for Bombardier’s Global 8000 Jet
NetJets Becomes Fleet Launch Customer for Bombardier’s Global 8000 Jet

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.

Bizjet demand waning in Europe, up in Middle East, steady in US
Bizjet demand waning in Europe, up in Middle East, steady in US

WINGX’s weekly Business Aviation Bulletin.  

GAMA Releases Third Quarter 2022 Aircraft Shipment and Billing Report
GAMA Releases Third Quarter 2022 Aircraft Shipment and Billing Report

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.

Overall market falling off post-covid peaks, but transatlantic flights hitting all-time high
Overall market falling off post-covid peaks, but transatlantic flights hitting all-time high

WINGX’s weekly Business Aviation Bulletin.  

Global Jet Capital: Business Jet Market Remains Resilient Despite Headwinds
Global Jet Capital: Business Jet Market Remains Resilient Despite Headwinds

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.

Used Piston Single, Turboprop, and Jet Aircraft Inventories Continue Upward Climb
Used Piston Single, Turboprop, and Jet Aircraft Inventories Continue Upward Climb

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.

Steep decline in flights in Europe, US stable
Steep decline in flights in Europe, US stable

WINGX’s weekly Business Aviation Bulletin.  

Flight activity ebbs in October year on year
Flight activity ebbs in October year on year

WINGX’s weekly Business Aviation Bulletin.  

Bombardier Inaugurates State-of-the-Art Miami Service Centre
Bombardier Inaugurates State-of-the-Art Miami Service Centre

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.

Bizjet demand foundering in Europe but growth holding in the US
Bizjet demand foundering in Europe but growth holding in the US

WINGX’s weekly Business Aviation Bulletin.  

The ARGUS Monday Minute: October 24, 2022
The ARGUS Monday Minute: October 24, 2022

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.

BizAv activity still well ahead of pre-pandemic, despite the weakening economy
BizAv activity still well ahead of pre-pandemic, despite the weakening economy

WINGX’s weekly Business Aviation Bulletin.  

Honeywell Forecast Shows Strong Growth for Business Aviation as Purchase Plans Increase Sharply
Honeywell Forecast Shows Strong Growth for Business Aviation as Purchase Plans Increase Sharply

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.

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