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Business Jet Values & Sales Bulletin
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Business Jet Values & Sales Bulletin - April 26, 2024
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Business Jet Values & Sales Bulletin - April 19, 2024
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Business Jet Values & Sales Bulletin - April 12, 2024
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Business Jet Values & Sales Bulletin - April 5, 2024
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Aviation News
Charter market slumping in Europe but holding firm in the US
2 May 2024
wingx-advance.com
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.
NBAA, other groups call on FCC to reverse Ligado order 4 years later
2 May 2024
globalair.com
As the fourth anniversary of the controversial Ligado Order passes, the NBAA and over 90 other transportation industry trade associations are asking the FCC to revoke the 2020 ruling that approves high-speed cellular networks that have been shown to interfere with crucial GPS and satellite communications networks.
Joby moves on to next phase of flight testing
2 May 2024
globalair.com
Joby Aviation has successfully completed its pre-production flight test program, now shifting focus to the next phase of flight testing in preparation for the upcoming for-credit flight testing. The eVTOL maker made the announcement Thursday, sharing a major milestone four years in the making.
Bombardier On Pace for 2025 Goals, Sees Balanced Growth
1 May 2024
ainonline.com
President and CEO Éric Martel opened the door to future acquisitions.
AOPA To Tell Story of General Aviation with National Mall Flyover
1 May 2024
ainonline.com
60 aircraft representing 15 'chapters' of GA will participate.
Embraer, Gulfstream Take Bigger Slices of Bizjet Market
30 Apr 2024
ainonline.com
Embraer gained 4.6 points of market share since 2009, while Gulfstream went up 2 points.
April strong so far, both US and Europe up on last year, though Middle East slowing
25 Apr 2024
wingx-advance.com
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.
Earnings for business aircraft makers are in - What do they say?
25 Apr 2024
globalair.com
Financial results from the first quarter of 2024 are starting to roll in, and for the major private jet makers, the numbers are picking up from where they left off last year.
Bombardier Deliveries Dip but Orders Soar
25 Apr 2024
ainonline.com
The airframer delivered two fewer business jets and a mix that leaned toward the Challenger.
FAA awards $76.1M to modernize airports in 22 states
25 Apr 2024
globalair.com
In an ongoing effort to modernize U.S. airports, the FAA announced Thursday that it is awarding another $76.1 million for 45 airport-related infrastructure projects in 22 states. The money is from a previously allocated $9 billion funded under President Biden’s Bipartisan Infrastructure Law Airport Infrastructure Grants program, which covers a $25 billion total included in the law for airport improvements like terminal expansions and baggage system upgrades.
NBAA welcomes Irish Aviation Authority's decision to maintain access to Dublin Airport
25 Apr 2024
globalair.com
On Wednesday the NBAA welcomed the Irish Aviation Authority’s decision to ensure continued access to the Dublin Airport for General Aviation, including business aircraft operations.
Gulfstream Delivers First Two G700s to Customers
24 Apr 2024
ainonline.com
Manufacturer expects to hand over 50 to 52 of the ultra-long-range business jets this year.
Bizjet activity tilts up despite sharp slowdown in Middle East
18 Apr 2024
wingx-advance.com
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.
FAA Picks uAvionix ADS-B System To Prevent Incursions
18 Apr 2024
ainonline.com
FlightLine offers a lower-cost alternative to airport surveillance systems.
Boom goes supersonic, FAA grants special flight authorization for testing
18 Apr 2024
globalair.com
Boom Supersonic has been granted Special Flight Authorization by the FAA to operate at supersonic speeds for flight testing.
Used Jet Inventories on the Rise: Jefferies
17 Apr 2024
globalair.com
The current inventory is still well below recent peaks.
Vref: Preowned Bizjet Market in Adjustment Period
16 Apr 2024
ainonline.com
High interest rates, election insecurities, and global economy weigh on used business jet sales.
Garmin now offering navigation database, avionics solution to European customers
15 Apr 2024
globalair.com
The big announcement Monday shared that customers in Europe now have the option to incorporate the latest in aviation navigation information with their Garmin avionics.
Global bizjet activity 2% ahead of opening 7 days of April 2023
12 Apr 2024
wingx-advance.com
At the start of April (1st – 7th), global bizjet sectors are 2% ahead of comparable last year, trailing 2022 by 4%, 37% ahead of 5 years ago. Over the same period, scheduled airline activity is 24% ahead year-on-year, 12% ahead of 2019. Dedicated cargo sectors start this month are 3% ahead of last year, 18% ahead of 2019.
Universal Weather Updates the Worldwide ADS-B Landscape
12 Apr 2024
ainonline.com
Better equipped and better served is still the case in many countries
Cessna Caravan family soars above 25M flight hours
10 Apr 2024
globalair.com
The Cessna Caravan family has surpassed 25 million flight hours, cementing the Caravan as the most-produced single-engine utility turboprop of all time.
Bombardier, Gulfstream to skip EBACE display
9 Apr 2024
globalair.com
When many of the key figures and dealmakers of the industry gather late next month in Geneva, Switzerland, two of the most prolific private jet makers will not have aircraft displays at Europe’s premier business aviation event.
Textron Aviation To Offer CJ2 Garmin Avionics Upgrade
8 Apr 2024
ainonline.com
The Garmin suite replaces the CJ2's original Collins Pro Line 21 avionics.
FAA Grants Production Certification for Gulfstream G700
8 Apr 2024
ainonline.com
FAA approval acknowledges the manufacturer's quality and production processes.