Textron plans to lay off nearly 2,000 employees at its TRU Simulation + Training, Textron Aviation and Industrial divisions to cut operating expenses as it restructures in response to challenges from the COVID-19 pandemic, the company said in a Securities & Exchange filing June 18. 

The number of used business jets for sale grew 4% in June, when compared to a year ago, and 1% from May figures, according to a report from Jefferies analysts. 

Honeywell has unveiled a thermal management system designed for vertical takeoff and electric urban air mobility vehicles that will be introduced on Eviation Aircraft’s all-electric Alice aircraft.

Aircraft developer Aerion Supersonic confirms that the COVID-19 pandemic has forced it to delay development of the AS2 supersonic business jet, pushing first flight back from 2024 to 2025, but says the overall program otherwise continues as planned.

While the first electric air taxi prototypes are already flying on available lithium-ion batteries, developers are hoping for significant advances in energy storage to squeeze more performance out of their vehicles.

The jury is still out on whether business aviation will see long-term benefits from the raft of redundancies caused across the aerospace sector from the impacts of the COVID-19 pandemic. 

A new partnership in the business and private aviation market has been signed in a bid to stimulate a market that has been affected by the Covid19 pandemic.

The first “personal” jet’s popularity is soaring on a single engine.