Business Aircraft Market News

Aviation News

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.

Global bizjet activity in Q1 flat on last year, -2% vs 2022

4 Apr 2024
wingx-advance.com

Overall flight volumes are so far very similar to last year, but with considerable variance by region and operator type, with demand in Europe clearly ebbing, the US flat overall but at record highs in New Jersey, fractional operations powering ahead.

Pratt & Whitney, FAA team up to study non-CO2 emissions

4 Apr 2024
globalair.com

Pratt & Whitney and the FAA will be working with the Missouri University of Science and Technology, Aerodyne Research, Inc. and the EPA to study non-CO2 aviation emissions to understand the environmental impact of these emissions. The project will measure emissions from a Pratt & Whitney GTF engine combustor rig test stand using Jet A and 100 percent SAF through the FAA’s ASCENT program.

Bombardier, Gulfstream Pass on EBACE, but Bolen Sees Other Strong Support

4 Apr 2024
ainonline.com

All other airframers that traditionally exhibit are returning to EBACE.

Skydweller completes world's first uncrewed flight in large-scale solar-powered aircraft

4 Apr 2024
globalair.com

Skydweller Aero shared Thursday that it completed the world’s first successful autonomous/uncrewed flight of a large solar-powered aircraft in the U.S., taking off from the Stennis International Airport (HSA) in a solar-powered aircraft with a wingspan greater than the Boeing 747.

Bombardier Completes Portfolio with Challenger 650 Environmental Declaration

3 Apr 2024
ainonline.com

The Challenger 650 EPD details the business jet's environmental footprint from raw material to end-of-life.

Globe-girdling Gulfstream G700 Gets FAA Greenlight

29 Mar 2024
ainonline.com

Skydweller Aero shared Thursday that it completed the world’s first successful autApproval clears the way to begin deliveries of the 7,750-nm twinjet.