In a “dramatic flurry of activity,” pre-owned business aircraft transactions grew 71% during the third quarter of 2020 compared to a year ago, according to data from Asset Insight.
Gulfstream Aerospace’s fifth G700 flight test aircraft flew for the first time Oct. 23, three weeks after the fourth aircraft entered the flight-test program.
Italian aircraft manufacturer Tecnam has partnered with Rolls-Royce to develop the nine-passenger P-Volt, an all-electric version of the P2012 Traveller regional aircraft.
Aircraft Specialties (ASI) in Omaha, Nebraska, has relocated its Part 145 repair station to a new, larger location 15 min. north of its original facility.
Summit Aviation, specializing in aircraft sales, charter operations aircraft management and pilot training, has expanded its charter fleet with the addition of a fourth Embraer Phenom 300E.
The Civil Aviation Authority of Vietnam has certified ExecuJet MRO Services Malaysia to perform line and heavy maintenance on Dassault Falcon 2000 aircraft.
AML Global Eclipse, a U.S. firm, has reached an agreement with One Aviation Corp. to buy the assets of Eclipse Aerospace and the Eclipse Aircraft project for a proposed $5.25 million.