The Week in Business Aviation - October 30

Gulfstream 3Q Deliveries Down, Orders Improve, But Market Fears Remain

Gulfstream Aerospace delivered 32 aircraft in the third quarter, down from 38 a year ago, although sales activity in the quarter was a “quantum leap” better than in the second quarter, a top official said.  

Read the full article

Ontic Acquires P&W JT15D Engine Parts For Production

Ontic has acquired manufacturing rights from Pratt & Whitney Canada Corp. for a number of JT15D engine parts, in a fourth phase of a process that began in 2015, the product manufacturer said.

Read the full article

Pre-Owned Business Aircraft Sales Rise 71% In Q3, Report Says

In a “dramatic flurry of activity,” pre-owned business aircraft transactions grew 71% during the third quarter of 2020 compared to a year ago, according to data from Asset Insight.

Read the full article

Textron Expects Fourth-Quarter Profitability Return At Aviation

Textron Aviation is expected to return to profitability in the fourth quarter after an “encouraging” recovery in orders for business aircraft, Textron CEO Scott Donnelly said on an Oct. 29 third-quarter results call with analysts.

Read the full article

Demo Shows Solar Charging Potential For Electric Aviation

Charging infrastructure is cited as one of barriers to be overcome if electric aviation is to take off, and a Californian company is demonstrating how chargers can be provided at small airports while avoiding the challenges of permitting and construction.

Read the full article

EmbraerPhenom 300

Gulfstream To Move Long Beach Work To New, Expanded Facilities

Gulfstream Aerospace is optimizing its new and expanded network facilities with the move of work from its facility in Long Beach, California, to other locations. 

Read the full article

October Global Bizav Activity Down 16%, Report Shows

In the first three weeks of October, global business aviation activity is down 16% compared to a year ago, while activity for the year is 24% lower, according to WingX’s Global Market Tracker. 

Read the full article

Tamarack Completes First Winglet Installations In Europe

Tamarack Aerospace has completed the first series of winglet installations on two Cessna Citation Jets, a CJ1 and a CJ2, at its newly opened European installation center. 

Read the full article

Loon Balloon Sets Stratospheric Duration Record

Alphabet’s internet connectivity provider Loon has claimed a stratospheric flight duration record of 312 days with one of its autonomous balloons.

Read the full article

As pre-owned business aircraft sales rise and Textron Aviation expects to return to profitability in the fourth quarter, the industry has seen some good news this week. Take a look at our roundup of this week’s business aviation stories.

Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Business Aviation market - only available with AWIN.

BAV_AWIN_270_thumb

Stay Connected.
Stay Informed
Grow Your Business.

Learn How