Buisness aviation news
Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, revealed its Aircraft Laboratory for Future Autonomy (ALFA) based on the Bell 429 commercial aircraft. Developed by Bell’s Advanced Programs team, ALFA is dedicated to performing flight maneuvers with an aircraft safety system and executing autonomous fly-by-wire flights. The fly-by-wire integration was a critical step in future development of autonomous controls for Bell’s commercial aircraft, an emerging technology that aims to reduce pilot workload and enhance safety.
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that its pilotless electric vertical take-off and landing (“eVTOL”) aircraft EH216-S has set a new milestone with the successful completion of the first passenger-carrying demo flight in Abu Dhabi, marking the first of its kind in the United Arab Emirates (“UAE”) and Middle East. Additionally, the EH216-F (for high-rise firefighting) and EH216-L (for aerial logistics) demonstrated their debut flights in the UAE, showcasing a diverse range of UAM use scenarios of pilotless eVTOL aircraft.
Gulfstream Aerospace Corp. announced the clean-sheet, award-winning Gulfstream G600 has been certified for steep approach to landing by the U.S. Federal Aviation Administration (FAA), opening access to more airports around the world.
In the modern aviation market, personnel management is a rapidly developing field: approaches are changing, new search tools are appearing, and the functions of HR workers are transforming. Moreover, leading experts in the business aviation market are raising the problem of personnel and personnel management, along with the main brake on the market — supply chain disruption. This important challenge creates the need for conferences and summits all over the world, but local events are what produce the greatest effect and generate the right recommendations based on the economic and political characteristics of a particular region.
Business jet utilisation is fraying slightly on comparable 2023 flight volumes, which is itself some way below the post-pandemic peak. But the Super Mid and Ultra Long-Range fleet is racking up more activity than ever.
Bombardier announced that its long-valued client NetJets has been revealed as the previously confidential buyer of 12 Challenger 3500 aircraft. The firm transaction initially announced in December 2023 was valued at US$326.4 million based on list prices at the time of signing, but the landmark deal could be more than US$6 billion if all optional 232 Challenger 3500 jets are exercised over time.
The outlook for business jet activity is softening in Europe as utilisation levels fall below 2019 levels, notably in Germany and France. The US market is relatively resilient, especially for large fleet operators in the charter and fractional space.
Bombardier, the worldwide leader in business aviation, unveiled a new brand identity anchored by the evolution of the company’s logo. As Bombardier successfully moves forward as a company with a sole focus on designing, building and servicing the world’s best business jets, the new brand identity will reinforce and propel the company’s unique approach to its customers and stakeholders—putting people at the centre and instilling a one-of-a-kind sense of family.
Aero-Dienst GmbH, the Nuremberg-based full-service provider for business aviation and air ambulance services, has extended its ASC contract with Dassault for a further 3 years.
Airbus Helicopters’ Racer demonstrator, developed in the frame of the European Research Clean Sky 2 project, has performed its first flight, in Marignane. The aircraft flew for about 30 minutes, allowing the flight test team to check the overall behavior of the aircraft.
Compared to last year, April’s trends are stronger than March, with growth in most of the top markets. UK, France and Germany were exceptions in Europe, with the charter market notably weakening. Bizjet activity in the Middle East saw further erosion, markedly Saudi Arabia. In the US, large business jets are seeing strongest demand. US charter demand is tailing off this month, Part 135 flights down 6% in week 16.
The first quarter of 2024 ended on a buoyant note with an uptick in preowned business aircraft sales, according to the International Aircraft Dealers Association (IADA). IADA’s First Quarter 2024 Market Report also indicated an optimistic outlook for the next six months.
Gulfstream Aerospace Corp. announced the commencement of customer deliveries for the all-new Gulfstream G700. The first two G700 aircraft have been delivered and are now in service with Gulfstream customers.
Textron Aviation's commitment to sustainability has been recognized once again as its global service network received recertification as a Green Aviation Business from the National Air Transportation Association (NATA). This recognition is part of NATA's Sustainability Standard for Aviation Businesses program, which encourages environmental sustainability within the industry.
Lilium N.V., developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced today that it has started production of the advanced, aviation grade battery packs that will power the Lilium Jet on its first piloted flight, targeted for end of 2024. This latest milestone represents a landmark in the development of the Lilium Jet and follows extensive testing of battery pack subcomponents from individual cell to stack level with a focus on performance, safety and regulatory conformity.
Geopolitical tensions are visibly impinging on bizjet demand, with flights in the Middle East dropping off 20% in Week 15. The European market has idled this year, stagnating around the same levels of demand 5 years ago. The US market is still growing, especially for the top operators. Bizjet visitors to airports hosting the Masters golf tournament were up by 15% compared to last year’s event.
Gulfstream Aerospace Corp. announced the all-new Gulfstream G700 has earned additional Federal Aviation Administration (FAA) certifications following the G700 FAA type certification on March 29. The new production and interior supplemental type certifications further clear the G700 for customer deliveries and entry into service.