Joby Aviation, an early leader in the electric vertical-takeoff-and-landing market, is flight-testing an aircraft intended as an air taxi.

FAA issues an Advisory Circular revising the relationship between FAR Part 142 training centers and charter operators.

Gulfstream Aerospace’s development of its flagship G700 large jet is accelerating with the first flights of its second and third test aircraft.

The FAA plans to “prioritize” a long-stalled rulemaking on system safety assessments (SSAs) and will seek input from both an advisory committee and global peers on how to safely broaden aircraft certification to include international environments. 

Business jet inventories rose 4% in May compared to a year ago, with 1,823 jets for sale, or 7.7% of the total fleet, including all models and vintages, while pricing declined 12%, according to Jefferies.

The end finally came to an unusually extended “soft” market in which competition drove premiums below the point at which insurers had adequate reserves to pay for large losses.

Contributing to the accident that killed four were airframe ice accumulation due to conditions conducive to icing and the loss of power on one engine, the NTSB says.

Selected accidents and incidents in May and April 2020. The following NTSB information is preliminary. May 2 — About 0203 CDT, a Model 369E MD…