By William Garvey, Jessica A. Salerno, Molly McMillin
Wheels Up, the private membership lift provider, reports it closed an equity-based fund raising round of $117.5 million and increased its enterprise value to $1 billion—making it akin to a so-called unicorn in start-up investment circles.
By William Garvey, Jessica A. Salerno, Molly McMillin
Jetcraft, the international aircraft sales, marketing and ownership strategies consultancy, forecasts that—excepting at least four potential supersonic business aircraft already announced—as many as 19 new or updated aircraft will enter service from next year through 2023.
After all, shouldn’t dining en route to Paris be no less elegant than the $60 million private jet that is whisking its passengers across the Atlantic at Mach 0.85?
By William Garvey, Jessica A. Salerno, Molly McMillin
Bombardier Aerospace and its largest union, the International Association of Machinists and Aerospace Workers, have reached a new collective labor agreement at its Wichita facility.
By William Garvey, Jessica A. Salerno, Molly McMillin
Textron Aviation has delivered its 100th Cessna Citation Latitude. The delivery, which went to NetJets, occurred 26 months after the first CE-680A entered service.
By William Garvey, Jessica A. Salerno, Molly McMillin
Companies that use business aviation to further their success outperform those that do not, according to a new Nexa Advisors study of S&P 500 companies.
By William Garvey, Jessica A. Salerno, Molly McMillin
Pratt & Whitney Canada unveils the first significant information and images about research and development tests of electronic engine controls and an integrated propeller controller for a new 2,000-shp-rated PT6.
The contrasts between Eclipse 400 and Vision Jet could not be clearer. Masefield’s diminutive jet was all about speed, range and efficiency. Vision Jet is all about generous passenger accommodations, docile handling qualities and cockpit comfort.
By William Garvey, Jessica A. Salerno, Molly McMillin
The NBAA's 2017 Business Aviation Convention and Exhibition attracted around 27,000 attendees and some 100 aircraft on display at Henderson (Nevada) Executive Airport and within the convention hall.
Despite the act that created its independence, the NTSB is very much a part of the Department of Transportation and in many ways not all that distant from its sister agency, the FAA.
By William Garvey, Jessica A. Salerno, Molly McMillin
With Honeywell's HTF7700L turbofan newly certified for the Cessna Longitude, the engine family powers almost all super-midsize jets on the market today.
By William Garvey, Jessica A. Salerno, Molly McMillin
Italy's Leonardo has moved another step toward bringing its AW609 tiltrotor to market with the certification of the aircraft's Pratt & Whitney Canada powerplant.
By William Garvey, Jessica A. Salerno, Molly McMillin
Textron Aviation has delivered its first fully configured Hawker 400XPR. The aircraft, which is owned by a Seattle-based company, was upgraded at Textron's Wichita Service Center with new winglets, Williams International FJ-44 engines, a refurbished interior and a new paint scheme.
By William Garvey, Jessica A. Salerno, Molly McMillin
A U.S. Bankruptcy Court in California has approved Zetta Jet's request to appoint a Chapter 11 trustee and the U.S. Trustee's Office was expected to act accordingly and quickly.
By William Garvey, Jessica A. Salerno, Molly McMillin
Dassault Aviation's long-delayed Falcon 5X development program is facing a further holdup after Safran Aircraft Engines encounters new problems with the aircraft's Silvercrest turbofans during recent ground and flight tests.
The Australian Transport Safety Bureau is reminding pilots to remain alert during high-workload approaches with special attention paid to aircraft configuration.