Wheels Up has formed a new business division called Wheels Up Aircraft Sales, offering aircraft brokerage, acquisition, trade and advisory services.

During the first six months of 2020, business and general aviation avionics sales declined 23.6% from the same time a year ago due to the impact of the COVID-19 pandemic, reversing three consecutive years of growth, the Aircraft Electronics Association says. 

Engineered Propulsion Systems (EPS) has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court Western District of Wisconsin, while Chinese and “other foreign interests” are poised to buy the company’s assets and intellectual property.

Honeywell and urban air mobility vehicle developer Vertical Aerospace have signed a letter of intent naming Honeywell as the avionics supplier for Vertical’s passenger-carrying demonstrator aircraft.

The National Air Transportation Association has launched General Aviation Advancing America, an initiative involving focus groups discussing how rural airports and general aviation businesses help a community with economic development, job recovery and emergency response, NATA said. 

PrivateFly, the St Albans, UK-based online charter broker, has launched its own jet card.

Bombardier recorded a 15% decline in business jet deliveries during the second quarter of 2020 and a 28% related revenue decline as the company manages through the COVID-19 pandemic.

FXAIR, described as a provider of “premium on-demand charter,” was formally launched in late July, several months earlier than planned, as its owner, Directional Aviation, restructures its global businesses to better respond to post-COVID-19 opportunities.