Embraer delivered nine executive jets during the 2020 first quarter (Q1) compared to 11 a year ago, and five commercial aircraft, versus 11 in Q1 2019, the company said May 12.
April business aviation activity in North America fell more than 71% from a year ago, with fractional activity and large jet activity down the most with an 80% drop in both categories, according to Argus International.
The unsecured creditors of the Albuquerque, New Mexico-based One Aviation and related debtors have asked the court to convert the company’s Chapter 11 bankruptcy restructuring case to a Chapter 7 liquidation, according to a May 8 court filing.
The top Democrat on the Senate Commerce, Science and Transportation Committee is urging Treasury Secretary Steven Mnuchin to reopen the federal loan application process for businesses that are critical to national security, and revise the eligibility criteria to include the aerospace supply chain to help support the defense industry during the global coronavirus pandemic.
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.
Gulfstream Aerospace has announced the fourth Gulfstream G700 test aircraft has taken flight, further expanding the already advanced certification program for the industry’s new flagship.
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.
