Textron Aviation is expanding in Australia with the construction of a service facility at Essendon Fields Airport in Melbourne.

The deal is expected to close in the second quarter. FlyExclusive will acquire the business for between $12 million and $22 million.

The final Gulfstream G650 has left the production line as Gulfstream Aerospace replaces G650 family with its new ultra-long-range Gulfstream G800.

Embraer Executive Jets and fractional ownership provider Flexjet have built on their 20-year relationship, with a record order for both companies.

Daher is firming up its project of making final assembly lines for the TBM 900 and Kodiak single-turboprop aircraft at its Stuart, Florida, production facility.

As Daher has undergone salary and price inflation since the pandemic, the company is renegotiating the prices of the aerostructures it supplies to airframers.

Gulfstream Aerospace expects certification of its G800 ultra long-range, large cabin business jet sometime in the first half of 2025, executives say.

Without a blueprint, startups plan to start small with existing infrastructure then build out vertiports as volume increases.