Business Aircraft Market News

Aviation News

US bizjets flying 4% up in last 4 weeks

14 Nov 2024
wingx-advance.com

With just a few days passed since the US election result, the effect on business jet utilisation is not obvious. In fact activity has calmed, followed several weeks where there were more flights than last year. In Europe, the political and economic strife in Germany is reflected in substantial cutbacks in bizav demand. Destabilisation and conflict in the Middle East has equally seen a big step back in flight activity.

BETA Technologies completes first flight of production aircraft

14 Nov 2024
globalair.com

BETA Technologies completed the first flight of an aircraft built on its production line on Wednesday. The first flight was conducted by BETA’s CEO, Founder and Test Pilot, Kyle Clark.

Phillips 66 gifts $1.5M in fuel to Memorial Hermann Life Flight

14 Nov 2024
globalair.com

Phillips 66 was named the official fuel provider for Memorial Hermann Life Flight on Tuesday, gifting up to $1.5 million worth of fuel in 2025 to the critical care air medical transport service.

EBAA Merges Air Ops Conference with EBACE Trade Show

14 Nov 2024
ainonline.com

Industry group says this is the first in a series of new features for EBACE.

NATA Conference Panel Examines FBO Consolidation

14 Nov 2024
ainonline.com

While the big chains take a more selective approach, others remain hungry.

Thune Move to Senate Majority Leader Draws Bizav Praise

14 Nov 2024
ainonline.com

Thune formerly chaired the Commerce Committee and is well versed in aviation issues.

Bizjet utilization bump as US elections wind-up

7 Nov 2024
wingx-advance.com

Week 44 capped a topsy turvy 4 weeks in the key US market, with much of October flat-to-negative, but strong gains this week, notably in Florida, also in the US election Swing States, suggesting that the elections may have directly boosted utilisation. The largest European markets are on a stagnant trajectory, with Italy the obvious exception. This week also saw a big increase in year-on-year bizjet traffic in Saudi Arabia.

Surprise North America Gain Boosts Bizav Flying in October

7 Nov 2024
ainonline.com

All regions outside of Europe saw increases in flight activity during the month.

Bombardier Deliveries Dip in 3Q, but Revenues Jump

7 Nov 2024
ainonline.com

Jet shipments fell by one unit, to 30, but revenues soared 12%.

Pratt & Whitney to demonstrate hydrogen-fueled turboprop technology

6 Nov 2024
globalair.com

Pratt & Whitney Canada will demonstrate hydrogen combustion technology on a PW127XT regional turboprop engine as part of Canada’s Initiative for Sustainable Aviation Technology project. The project, Hydrogen Advanced Design Engine Study, will be completed in collaboration with Next Hydrogen Solutions and will develop high-efficiency, low-cost electrolyzers necessary for establishing hydrogen production infrastructure.

Gulfstream to bring G700, G500 to Bahrain International Airshow

6 Nov 2024
globalair.com

Gulfstream announced Wednesday that it will exhibit two of its next-gen business jets at the upcoming Bahrain International Airshow, the G700 and G500. The show will take place November 13-15.

Pilatus PC-12 Fleet Takes Top Flying Honors in U.S.

6 Nov 2024
ainonline.com

PC-12 fleet logged 316,328 takeoffs in the U.S. between August 2023 and July 2024.

Substantial lift in US operations as elections reach conclusion

31 Oct 2024
wingx-advance.com

Business jet fleets have seen a boost in demand in the second half of the October, notably in the US and notably in California. NFL Games have been a draw, as have the GPs in Mexico and Texas. US presidential campaigning may also have spurred activity. The European market was also head-above-water, in contrast to a further slide in activity in the Middle East.

Gulfstream completes SAF emissions testing on G700

31 Oct 2024
globalair.com

Gulfstream shared Thursday the successful completion of ground emissions testing of 100 percent neat SAF containing zero sulfur on the new G700.

Advanced Air Mobility Sector Welcomes FAA's eVTOL Operating Rules

31 Oct 2024
ainonline.com

Regulator's "October surprise" turned out to be a good one for the advanced air mobility sector.

Bombardier's Challenger 3500 Reaches 100th Delivery

31 Oct 2024
ainonline.com

Milestone reached two years after the latest version entered service.

Boutsen: Preowned Aircraft Availability, Transactions Up

31 Oct 2024
ainonline.com

Broker says it's a "dynamic year" for business aviation.

Eve Air Mobility gets $50M bank loan to support eVTOL development

30 Oct 2024
globalair.com

Eve Air Mobility announced a $50 million loan from Citibank N.A. on Wednesday. The funding will bolster Eve’s balance sheet and support the company’s aircraft research and development program.

Textron Aviation Ships 41 Bizjets in 3Q Despite Strike

24 Oct 2024
ainonline.com

Four-week strike will affect aircraft deliveries in the fourth quarter.

Blackhawk's Upgrade To Increase Power of King Air 360

24 Oct 2024
ainonline.com

Upgrade aims to enhance performance and reliability.

Aircraft Brokers Enjoying Healthy, Stable Market

24 Oct 2024
ainonline.com

Experts say the market is reaching equilibrium after Covid boost.

FAA invests nearly $1B to 125 airports

24 Oct 2024
globalair.com

The FAA shared Thursday it was investing $970 million to 125 airports across 46 states, Guam and Palau. This is the fourth investment of nearly $1 billion as part of President Biden’s Bipartisan Infrastructure Law, furthering a commitment to rebuilding the nation’s infrastructure while lowering costs to families, creating good jobs and spurring economic growth.

Gogo Takes 'Full-on Offense' with Satcom Direct Buy

23 Oct 2024
ainonline.com

Gogo's third attempt to acquire Satcom Direct succeeds.

Bombardier Global 8000 production jet underway

22 Oct 2024
ainonline.com

Bombardier announced Monday that the manufacturing of major structural components for the first production jet is underway across Bombardier facilities in Saint-Laurent, Quebec; Red Oak, Texas and Querétaro, Mexico. The new jet is set to enter into service in the second half of 2025 and has continued to excel in flight testing.

Hurricane Milton subdues Florida bizjet activity

18 Oct 2024
wingx-advance.com

Global bizjet activity was blunted by Hurricane Milton last week, principally in the busiest US State Florida. European bizjet activity is slipping back, particularly in France. Bizjet activity in the Middle East is also wilting under the weight of regional conflict.

Rolls-Royce Completes Pearl 10X Engine Flight Testing

18 Oct 2024
ainonline.com

Turbofan flew more than 36,000 nm fitted to the engine maker's Boeing 747 testbed aircraft

Honeywell and Merlin Will Merge Autonomous Technology with Anthem Avionics

18 Oct 2024
ainonline.com

Partners have agreed to prioritize deployment on military fixed-wing aircraft.

Carolina Pilots Rally to Get Supplies to Neighbors Devastated by Hurricane Helene

17 Oct 2024
nbaa.org

Business aviation pilots have long been recognized as first responders from the sky, delivering supplies to stricken areas in the aftermath of natural disasters. The impetus for relief missions in times of crisis is underscored when the impacted area is your home state, and the people you’re helping are your neighbors, friends and family members.