Owners of Catalina Aircraft Trust, plan to revive and update the aircraft as a new Next-Generation transport category turboprop with modern technology.
The Latin American in-service business jet is projected to recede from 2,433 in 2023 to 2,083 by 2032, with retirements outpacing the shipment of new aircraft.
Four people were killed July 29 in two separate accidents involving aircraft attending the EAA AirVenture Oshkosh Fly-In and Convention in Oshkosh, Wisconsin.