A new financing round brings strategic investors, including Airbus and Microsoft, on board a startup that wants to enable safe and efficient large-scale operations for small UAS in low-altitude airspace.
A startup providing UAV airspace management services has secured $26 million in financing from the venture-capital arms of Airbus, Microsoft and Qualcomm.
Embraer Executive Jets delivered 63 Phenom 300 light jets in 2016, the highest volume of any business jet model for the year, according to a report made by the General Aviation Manufacturers Association (GAMA).
The second-generation system has dual core processors, 250 times more nonvolatile memory, better graphics refresh rates and less lag for zooming and panning.
The business and general aviation markets declined in 2016, with business jet shipments falling to their lowest number since 2004, the General Aviation Manufacturers Association says.
More than 70% of business travelers and travel managers said they think health and security risks to travelers have increased over the past year, according to a survey by MedAire, a medical and security company based in Phoenix.
Gulfstream Aerospace has said its Gulfstream G280 aircraft recently set another speed record in Africa, flying from Windhoek, Namibia, in the southern part of the continent to Dakar, Senegal, on the west coast. The flight took 7 hours and 38 minutes.
Teterboro Airport and Fort Lauderdale Hollywood International Airport remained the top two airports ranked by acukwik.com user traffic for the third consecutive month in January 2017, according to site metrics. The top six airports were stable.
Rolls-Royce has recorded a £4.6 billion ($5.7 billion) loss for 2016, mainly due to the pound’s decline in value after the UK’s June vote to leave the EU.
November’s U.S. election raised hopes for a business jet recovery, but “slowing momentum for the Republican agenda in Congress could become an issue for business jet expectations,” J.P. Morgan analyst Seth Seifman wrote in a report to investors.
Textron Aviation is making a number of changes within its senior leadership team as its head of engineering assumes an executive position with its sister company, Bell Helicopter.
The crash of a Phenom 100 into three Maryland homes in 2014 is a good example of why the use of aircraft data recorders should be expanded to business aviation to enhance safety, NTSB member Robert Sumwalt said.
Blackwater founder Erik Prince sat down with Aviation Week editors to discuss his new China-facing transportation services company, Donald Trump and other issues.
PAL-V of the Netherlands has unveiled its first production flying car, the Liberty, while U.S. company SkyRunner has begun sales of an off-road vehicle that can fly using a ram-air parafoil wing and pusher propeller.