The number of used business jets for sale in August totaled 1,051 aircraft, up from 1,037 units in July and 673 in August 2022, according to Jefferies.
The results are the highest quarterly sales volume in the history of the 2023 Avionics Market Report, according to the Aircraft Electronics Association.
Embraer President and CEO Francisco Gomes Neto is confident the Brazilian manufacturer’s commercial aircraft delivery volume will continue its steady recovery.
Aero Challenge Group is to invest “a double-digit million Euro sum” in development of the aircraft designed to carry 1,000 kg of payload or eight passengers.
During EAA AirVenture, Garmin Aviation invited BCA to join a demonstration flight of its Autoland and autothrottle-equipped Beechcraft Super King Air 200
Owners of Catalina Aircraft Trust, plan to revive and update the aircraft as a new Next-Generation transport category turboprop with modern technology.
The Latin American in-service business jet is projected to recede from 2,433 in 2023 to 2,083 by 2032, with retirements outpacing the shipment of new aircraft.