The number of used business jets available for sale in December grew 6% year-over-year, while pricing declined 3%, according to Jefferies Equity Research.
Autonomous air taxi developer Ehang is on track to begin a pioneering effort with the Civil Aviation Administration of China to develop airworthiness standards and certification methods for the new aircraft category.
Business aircraft flight activity in Europe declined 3.2% in November compared to a year ago, with year-to-date activity down 1.8%, WingX Advance data said.
BIRD Aerosystems, a developer of airborne missile protections systems and special mission aircraft products, has launched a compact version of its all-in-one AeroShield POD (put on device) to provide antimissile protection for medium-size VIP business jets.
The pre-owned market for business jet sales for the rest of 2019 will be busy as buyers and sellers seek to avoid the uncertainty that comes with a presidential election, according to the Mente Group.
Canadian seaplane airline Harbour Air has flown a de Havilland Canada DHC-2 Beaver converted to electric propulsion and powered by a 540-kW (750-hp) motor developed by MagniX.
Recent layoffs at Textron Aviation and Gulfstream Aerospace are signs that the manufacturers are being “appropriately cautious” about their outlook for orders and production, analysts say.
Private Jet Services plans to plant 79,200 trees a year in a reforestation program to offset 100% of the carbon dioxide resulting from their bizjet flights.
