Archer said the agreement supports its vision of being a leader in the first wave of urban air mobility providers with the goal of beginning passenger services by 2024.
After a hit in sales caused by the COVID-19 pandemic, member dealers of the International Aircraft Dealers Association experienced a trend of increasing transactions of pre-owned aircraft in 2020.
The Weekly of Business Aviation polled industry leaders on their predictions for the business aviation industry in 2021. Below is Part 2 of a two-part series. Please see the Jan. 4, 2021, edition for Part 1.
Matthew Mejía, Aerion chief financial officer and executive vice president strategy and investor relations, discusses the status of the AS2 supersonic business jet program with Bill Carey, Business and Commercial Aviation senior editor.
Business jet traffic over the Christmas holiday period was down 11% compared to a year ago, peaking at 12,000 daily flights on Dec. 23, according to WingX Advance data.
Universal Avionics will supply its enhanced flight vision system for the future Aerion AS2 supersonic business jet, the avionics company announced Jan. 6.
Wheels Up, a private aviation membership service, has continued its shopping spree with the acquisition of Mountain Aviation, the largest Part 135 operator of Citation X super-midsize business jets in the U.S.
Curtiss-Wright has begun assembly of flight control system actuators for Eviation Aircraft’s Alice under a fast-paced production effort following its selection for the all-electric commuter aircraft program in late 2020.
Pilatus Aircraft is celebrating the 100th delivery of its Swiss-made PC-24 midsize business jet. The milestone delivery to Jetfly Aviation comes less than three years after the company delivered the first PC-24 to a customer.
U.S.-based emergency air transport provider Hatzolah Air has placed four preorders for an air ambulance version of the CityHawk vertical-takeoff-and-landing vehicle under development by Israel’s Urban Aeronautics.
South Korea is to establish an urban air mobility (UAM) test site in the southern coastal town of Goheung under a national plan to commercialize air taxi services by 2025.
Japanese express delivery company Yamato Holdings is collaborating with the Japan Aerospace Exploration Agency (JAXA) on the design of a cargo pod for an electric vertical-takeoff-and-landing aerial logistics system that the company plans to introduce early this decade.
The FAA on Dec. 28 announced final rules requiring that drones be capable of being tracked and identified from the ground, taking a major step toward opening the airspace to more regular flights of small unmanned aircraft systems.
U.S. business aviation activity remains in a plateau, with flight operations falling 17% in November, down from October activities, and yearly declines remaining in the mid-teen ranges during the second half of 2020, a report by J.P. Morgan analysts says.
