The Week In Business Aviation - March 05

March 05, 2021

NetJets, FlightSafety Strike Deal With Aerion For Supersonic Bizjets, Training

Credit: Aerion Supersonic

Fractional ownership provider NetJets and training specialist FlightSafety International have signed a broad-ranging agreement with Aerion which includes purchase rights on 20 AS2 supersonic business jets and the establishment of a training academy for operators of the Mach 1.4 aircraft.

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Textron Aviation Ends Sovereign+, King Air C90GTx Production

Credit: Textron Aviation

Textron Aviation has confirmed that it has ended production of its Cessna Citation Sovereign + Model 680 midsize business jet and the Beechcraft King Air C90GTx turboprop.

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Embraer Reports EMB-203 Ipanema Sales Surge

Credit: Embraer
Ipanema

Dronemaker Skydio Announces $170 Million Venture Infusion

Credit: Skydio

U.S. drone manufacturer Skydio announced March 1 that it has raised $170 million in a Series D funding round led by the Andreessen Horowitz Growth Fund.

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Vista Global Continues Buying Spree With Apollo Jets Deal

Credit: Bombardier

Dubai-based Vista Global is expanding its U.S. presence with a deal to acquire private jet charter broker Apollo Jets, its latest in a series of acquisitions. 

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Signature Aviation Revenue, Profits Decline In 2020 Due To Pandemic

Credit: Signature Aviation

Signature Aviation Group is encouraged by the extent of the recovery in flight operations since spring 2020, but with flight activity recovery essential to further progress, the outlook remains uncertain, CEO Mark Johnstone says. 

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Credit: NBAA
NetJets fleet.

Bye Aerospace Begins Assembly Of EFlyer 2

Credit: Bye Aerospace

Bye Aerospace has begun assembly of its eFlyer 2, a two-seat all-electric aircraft, the Denver-based company reports.

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Credit: FAA/U.S. government

The FAA expects to issue its first type certificates for electric air taxis in the third quarter of 2024.

FAA’s Dickson: Future Safety Rule Will Not Be ‘Prescriptive'

Credit: NBAA

The FAA does not plan to prescribe across-the-board rules for every type of operator when it releases a proposed regulation that would require operators other than airlines to establish Safety Management Systems (SMS), according to Administrator Steve Dickson.

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Flint Hills Solutions, UAV Navigation Partner On UAS Helicopter

Credit: Flint Hills Solutions

Flint Hills Solutions has partnered with UAV Navigation to integrate their joint technologies into the FH-900 Series autonomous Vertical Takeoff and Landing Unmanned Aerial System (VTOL UAS) helicopter. 

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FAA Selects Airports For Counter-Drone Testing

Credit: Blighter Surveillance Systems

WASHINGTON—The FAA has announced the final four of five U.S. airports it has selected to evaluate drone countermeasure systems.

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Universal Hydrogen Completing Subscale Fuel-Cell Power Train

Credit: Universal Hydrogen

Startup Universal Hydrogen is to complete construction of a subscale version of its fuel-cell power train for regional aircraft after receiving a minority investment from existing partner Plug Power.

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This week we saw NetJets and FlightSafety strike a deal with Aerion for supersonic biz jets, Bye Aerospace begin assembly of its eFlyer 2 and more. Take a look at the weekly roundup of business aviation news.

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