Buisness aviation news
Textron Inc. reported fourth quarter 2021 income from continuing operations of $0.93 per share. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $0.94 per share for the fourth quarter of 2021, compared to $1.06 per share in the fourth quarter of 2020.
The Airbus Helicopters MRO Logistics Centre has begun operations in the AeroliansParis business park in Tremblay-en-France near Roissy Charles de Gaulle airport.
WINGX’s weekly Business Aviation Bulletin.
Bombardier today announced strategic changes to its international sales leadership team. The changes, which take effect immediately, are designed to further optimize Bombardier’s worldwide sales experience and capitalize on robust demand for its market-leading, smooth-flying business jets.
The Abu Dhabi owned and operated award winning global leader in premium private aviation – has again expanded its growing fleet with the acquisition of yet another Boeing Business Jet.
Luxaviation Group, one of the largest business aircraft and helicopter operators worldwide has announced that ExecuJet, part of Luxaviation Group, has expanded its presence to Auckland International Airport with the acquisition of the Air Center One its first owned FBO in New Zealand.
The first machine that DRF Luftrettung technicians independently converted from four to five rotor blades went into service. In the future, the helicopter will be available as Christoph Nürnberg for urgent transport between clinics and for emergency rescue.
Vista Global Holding (Vista) provides a 2022 market update and overview into the exceptional 2021 performance for all its operating divisions, including its market-leading VistaJet and XO brands.
The Vertical Flight Society (VFS), the world’s leading non-profit organization working to advance vertical flight, announces today that the number of electric vertical takeoff and landing (eVTOL) aircraft concepts being tracked in its World eVTOL Aircraft Directory has now reached 600 designs from nearly 350 companies worldwide.
Members of the International Aircraft Dealers Association (IADA) anticipate the market for used private airplanes will remain red hot for the first six months of 2022, while inventory of available aircraft stays low.
Signature Aviation, the world’s largest network of Fixed Base Operations (FBOs), and Jet Edge International, a leader in full-service global private aviation, have signed an agreement to occupy Signature’s East facility at Teterboro Airport (TEB) in New Jersey.
Airbus has delivered the last Dauphin helicopter, an AS365 N3, to the Spanish Customs Service. This helicopter will reinforce the Customs Surveillance Service’s capacity to combat drug trafficking in the Strait of Gibraltar, the Alboran Sea, and in Galicia.
LunaJets, the private jet charter division of Luna Aviation Group, largely exceeds $100M annual revenue in 2021 for the first time in its history. This represents 65% growth of flight volume vs 2020 and 40% vs 2019. The number of flights reached almost 8,000.
WINGX’s weekly Business Aviation Bulletin.
With a notice published today in a selected number of financial newspapers, and after receiving the relevant authorization from the Italian Ministry of Economic Development, the Extraordinary Commissioner Vincenzo Nicastro officially reopened the bidding process for the sale of the business complexes of Piaggio Aero Industries and its subsidiary Piaggio Aviation, the two companies, currently under Extraordinary Administration, operating under the Piaggio Aerospace brand.
jetAVIVA, a worldwide leader in turbine aircraft sales and acquisitions, achieves a record-breaking sales year: recording the highest annual revenue in the company’s 15-year history, and reporting over 100 transactions in 2021.
The pre-owned business aircraft market smashed numerous market records in Q4 2021 for the quarter, and for the calendar year, reports the Asset Insight AI2 Market Report.
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