Median values of heavy business jets have improved by 10% since dropping by double digits in the first two quarters of 2020, a recovery driven by a 41% increase in resale transactions during the second half of the year compared to 2019.
Embraer said on Feb. 18 it was formally withdrawing its World Trade Organization (WTO) case against Canada and Bombardier over airliner manufacturing subsidies now that the issue is moot with Bombardier’s focus on business aviation.
The North Atlantic Datalink Mandate requiring that aircraft be equipped with datalink communications in oceanic airspace, suspended temporarily because of the COVID-19 pandemic, will be reinstated on Feb. 25.
De Havilland Canada plans to suspend production of the Dash 8-400 regional turboprop, citing the difficulty of securing new orders in current industry conditions.
Iceland’s air navigation service provider Isavia ANS announced Feb. 17 that it has implemented satellite-based surveillance of aircraft in its airspace.
Gulfstream Aerospace’s flagship Gulfstream G700 flight test program has surpassed 1,000 flight hours and is completing numerous testing milestones, the company reports.
Textron Aviation has received its first flightworthy Catalyst engine from GE Aviation for its Cessna Denali single-engine turboprop program, paving the way for the aircraft’s first flight later this year.
