The Week In Business Aviation - June 25, 2021

Wheels Up In Final Stages Of Merger, Public Offering

Credit: Wheels Up

Aspirational Consumer Lifestyle Corp., a special purpose acquisition company, or SPAC, has set a July 12 shareholder general meeting date to approve its merger with Wheels Up Partners Holdings.

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U.S. Army King Air 300 Special Mission Aircraft Hit Milestone

Credit: Textron Aviation

Special mission Beechcraft King Air 300 twin-turboprop aircraft used by the U.S. Army has surpassed 50,000 flight hours, Textron Aviation has announced.

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Gulfstream Lowers Cabin Altitude Of New Flagship G700

Credit: Gulfstream

Gulfstream Aerospace has announced that its new $75 million G700 ultra-long-range business jet will have a lower cabin altitude than originally projected.

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U.S. Commercial, GA Airports To Receive FAA Recovery Aid

Credit: Walsh Group

The FAA plans to award $8 billion in grants to U.S. commercial, reliever and general aviation airports to aid in their recovery from the effects of the COVID-19 pandemic. 

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Embraer’s Eve To Provide EVTOLs For Blade UAM

Credit: Eve Urban Air Mobility

Blade Urban Air Mobility is adding to the fleet of electric air taxis that it will be able to call on to provide its on-demand transportation service in U.S. cities.

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Five-Year Forecast Shows ‘Rational’ Growth In Bizjet Market

HX50 Helo Sales Surpass Targets, Hill Helicopters Says

Credit: Hill Helicopters

LONDON–UK helicopter startup Hill Helicopters says it has presold more than 200 of its HX50 turbine light helicopters as the company moves toward a first flight in 2022. 

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Textron Aviation Earns EASA Approval For CJ4 Gen2

Credit: Textron Aviation

Textron Aviation has received European Union Aviation Safety Agency (EASA) approval for its Cessna Citation CJ4 Gen2 light jet, paving the way for delivery to its first European customer for the upgraded aircraft, DALaviation Switzerland.

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UK Bizav Insiders Call EGNOS Exit ‘Catastrophic’

Credit: London Oxford Airport

LONDON—The lengthy process of the UK extricating itself from the European Union reaches another milestone on June 25, when the country’s participation in the EGNOS program ends.

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