Vehicle developers ranging from Airbus to startup Ascendance Flight Technologies are among 30 companies that have been selected to participate in urban air mobility testing in Paris beginning in June.
Private jet travel bookings are expected to return to 2019 levels in 2021, although private business travel is expected to rise to 85% of 2019 levels, according to predictions by European-based Air Charter Service.
The number of used business jets for sale in January declined 18% compared to a year ago, while average list prices decreased 11%, according to a report by Jefferies Group.
The location of a drone operator should be made available to police but not to the public, the National Business Aviation Association says in a Jan. 19 critique of the FAA’s new Remote Identification of Unmanned Aircraft final rule.
Canada’s Conair Group, which describes itself as operating the world’s largest privately owned fixed-wing fleet of firefighting aircraft, has bought 11 De Havilland Canada Dash 8-400 aircraft for conversion to firefighting aircraft.
Counting drones among his final priorities as U.S. president, Donald Trump issued an executive order on Jan. 18 that directs the heads of federal agencies to determine if they have legal authority to stop using, acquiring or funding the purchase of foreign-made unmanned aircraft systems.
The pre-owned helicopter market continued to recover in the fourth quarter of 2020, although sales remained below those in 2019, largely due to the economic effects of the COVID-19 pandemic, according to the fourth-quarter 2020 Heli Market Trends report by Aero Asset, based in Toronto.
Electric motor developer MagniX is consolidating its global operations near Everett, Washington state. Electric aircraft startup Eviation, a sister company of MagniX, is building a final assembly, flight test and delivery center in Arlington, just north of Everett.
Leading Tier 1 supplier Spirit AeroSystems and the U.S. Export-Import Bank (Ex-Im) have inaugurated a new kind of federally backed, discounted-rate lending for aerospace suppliers—beginning with a $40 million transaction based on receivables from Spirit’s lower-tier providers.
Environmental groups have joined with 12 U.S. states and the District of Columbia to file a lawsuit challenging adoption of the first CO2 standards for aircraft, arguing they will not reduce greenhouse gas emissions from aviation.
Advanced air mobility, electric aircraft and hypersonic flight are the focus of the latest academic research projects to be funded under NASA’s University Leadership Initiative.
With no certainty that a suitable unleaded alternative can ever be developed, the FAA must lead a broad-based and sustained commitment by government and the aviation community to reduce lead emissions from gasoline-powered aircraft, concludes a new report by the National Academies.
Honda Aircraft Co. has opened a new Wing Production and Service Parts Facility at its headquarters in Greensboro, North Carolina, for more efficient production, the company says.
The National Business Aviation Association is applauding a final IRS rule clarifying federal excise tax obligations for aircraft management companies and aircraft owners, following passage of the Tax Cuts and Jobs Act.