There are many airlines and private-fleet operators that have grounded their fleets during the COVID-19 crisis, but only one company is doing so for the fourth time in as many years: Jet Linx.
Magellan Jets has partnered with TerraPass, which specializes in carbon offsetting solutions, to offer carbon offsetting for their private aviation portfolio.
Vyaire Medical and Spirit AeroSystems have formed a temporary partnership to increase production of critical care ventilators in response to the COVID-19 pandemic.
Piedmont Propulsion Systems (PPS) has added complete major inspection support for the Model 568F propeller installed on the Next-Gen ATR family of turboprop aircraft.
Alaska’s North Slope Borough Search and Rescue Department (SAR) has added a new PC-24 business jet to its fleet to provide medical care for 9,800 residents across a 95,000 sq. mi. territory, the northernmost region of the U.S.
GE Aviation will lay off as much as 25% of its workforce this year, including the voluntary and involuntary cuts it’s already taken, because of a downturn in its commercial aviation business.
Brian Proctor is head of the Dallas-based Mente Group, a global aircraft brokerage and consulting firm active in midsize and larger business jets. He has served private aviation clients for more than 20 years and serves on a number of industry boards, including the National Aircraft Resale Association.
Bombardier saw a $600-800 million impact on cashflow in the first quarter due to the COVID-19 crisis and projects a similar impact in the second quarter, during which it expects business activity to hit a low point before beginning to recover.
Month-old Raytheon Technologies is slashing billions of dollars in costs and other retrenchments, including workforce cutbacks, as commercial OEM and aftermarket revenue could be halved this year in the wake of COVID-19.
Spurred by the COVID-19 pandemic, Rolls-Royce launched what it believes is the first travel-free, fully immersive virtual reality training course for its business jet engines on May 4, 2020.
Daher’s line of 2020 TBM 940 turboprops will come equipped with HomeSafe, an emergency autoland system, the company announced during a video press conference May 6.
As the business aviation sector works to bounce back when COVID-19 travel restrictions begin to lift, in Britain, the industry has a significant additional hurdle to overcome.