Wheels Up is streamlining sales and operations and achieving initial efficiencies from fleet simplification and better aligning its overhead cost structure.
Textron Aviation has been awarded FAA certification for two aircraft: its Citation CJ3 Gen 2 and Citation M2 Gen2 with Garmin autothrottle, the company announced during NBAA-BACE 2025.
Textron Aviation has received FAA certification for new features on the Garmin G5000 avionics suite for the Cessna Citation Latitude midsize business jet.
The founder of a European air taxi service that had signed a deal to introduce an eVTOL platform into its fleet says there is “no business case” to support it.
Textron Aviation has rolled out the first production unit of its newest business jet in the 560XL series of aircraft—the Cessna Citation Ascend midsize jet.
Under the Extra Performance Wing (X-Wing) project, Airbus is studying what could become a major aerodynamic improvement on a next-generation narrowbody.
C&L Aerospace announced that it has entered into a long-term agreement for the bulk purchase and disassembly of end-of-life Cessna Citation business jets.
The number of used business jets for sale in November 2024 totaled 1,277, up 8% from a year ago, but down 1% from October, according to Jefferies analysts.
After seven quarters of revenue contraction, Wheels Up’s business has stabilized and is positioned for a profitable 2025, company officials said as they reported third-quarter (Q3) 2024 financials.
On the eve of NBAA-BACE, Textron Aviation has announced the next generation of light jets, including the Cessna Citation M2 Gen3, CJ3 Gen3 and CJ4 Gen3.
The Latitude has been the most delivered midsize jet since it entered service, but a small percentage of the fleet is up for sale relative to other bizjets.