The Week in Business Aviation - August 21

Florida’s aerospace and spaceport development authority Space Florida has agreed to invest in Aerion Supersonic in a deal aimed at supporting development of the high-speed aircraft manufacturer’s new production site in Melbourne on the state’s east coast.

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Boeing will seek more voluntary layoffs in its commercial aircraft, MRO services and corporate offices, the company’s chief executive revealed in an internal memo, as the giant airliner manufacturer tries to scale down its operations to meet a diminished marketplace in the coming years.

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The FAA says it will continue the work of a pilot effort with local and state governments and industry to introduce drones more regularly into the airspace system, even though the program officially is scheduled to end in October.

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Cirrus Aircraft is expanding services for international buyers of its piston and jet models, including financing and SF50 Vision Jet pilot training in Europe.

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Israel’s Urban Aeronautics has signed an agreement with U.S.-based emergency air transport provider Hatzolah Air to develop a version of its CityHawk air taxi for emergency medical service applications.

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The NTSB has confirmed three midair collisions of drones with manned aircraft in the U.S. since 2017, and rates three other incidents as suspected drone collisions.

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Collins Aerospace and business jet MRO Western Jet Aviation expect a first FAA approval in September to install the new LuxStream in-flight broadband service on the Gulfstream G450, with approvals following on other Gulfstream models, Collins announced on Aug. 20.

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The National Air Transportation Association (NATA) has established a General Aviation Airports Committee to assist in setting the organization’s policy priorities and advocacy efforts as they affect general aviation airport stakeholders.

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TAG Aviation’s parade of divestitures quickened Aug. 20 when the business aircraft charter, management and services company announced the sale of TAG Aviation SA and the company’s 51% share of TAG Aviation Asia to its joint venture partner in Asia, Young Brothers Aviation Ltd. and another private investor.

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Now that the country’s Ministry of Economic Development and Supervisory Committee have issued final approval, Piaggio Aerospace and Banca Ifis have signed a contract for financing on contracts and factoring operations for €30 million euros ($357 million).

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