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The Weekly of Business Aviation, included with your AWIN membership, delivers critical business intelligence to keep business aviation leaders, including decisions makers from airframe manufacturers, suppliers, corporate flight departments, charter operators, FBOs, informed of the latest industry development – and the impact on business. Delivered each week directly to your inbox, each edition includes expert insight, analysis and data intelligence covering the business of business aviation so you can easily monitor the market and find new opportunities to grow your business.

 

 

By Guy Norris
Boom Supersonic has secured a strategic investment from the venture capital arm of American Express which will support development of the Denver, Colorado-based aerospace company’s Mach 2-plus 88-seat Overture airliner project.
Aircraft & Propulsion

By Molly McMillin
Dubai-based Vista Global is expanding its U.S. presence with a deal to acquire private jet charter broker Apollo Jets, its latest in a series of acquisitions.
Aircraft & Propulsion

By Molly McMillin
Textron Aviation has confirmed that it has ended production of its Cessna Citation Sovereign + midsize business jet and the Beechcraft King Air C90GTx turboprop.
Aircraft & Propulsion

By Bill Carey
The FAA will establish an executive board to lead the agency’s oversight of the emerging Advanced Air Mobility sector, Administrator Steve Dickson announced on March 3.
Aircraft & Propulsion

By Bill Carey
Embraer has announced that its agricultural aviation division sold 19 EMB-203 Ipanemas in February, bringing to 27 the number of single-seat aerial application aircraft it has sold in 2021.
Aircraft & Propulsion

By Molly McMillin
The FAA has sent a letter to operators of the Reid-Hillview Airport in California urging them to take action to correct ongoing unsafe airfield conditions that have not been addressed.
Airports, FBOs & Suppliers

By Bill Carey
The FAA has announced the final four of five U.S. airports it has selected to evaluate drone countermeasure systems.
Safety, Ops & Regulation

By Mark Carreau
Startup Venus Aerospace plans to proceed with the development, testing and production of a small hypersonic aircraft capable of transporting a dozen passengers or time-critical payloads between major continental destinations in an hour.
Aircraft & Propulsion

By Graham Warwick
NASA plans an industry day on March 9 for the Electrified Power train Flight Demonstration project to flight test megawatt-class electric aircraft propulsion systems.
Aircraft & Propulsion

By Steve Trimble
Similar to the electric flying car-focused Agility Prime program, the purpose of Vector Prime is to establish a vehicle for the Air Force to support commercial companies working on supersonic and hypersonic transports.
Aircraft & Propulsion

By Guy Norris, Molly McMillin
Fractional ownership provider NetJets and training specialist FlightSafety International have signed a broad ranging agreement with Aerion which includes purchase rights on 20 AS2 supersonic business jets and the establishment of a training academy for operators of the Mach 1.4 aircraft.
Aircraft & Propulsion

By Graham Warwick
German urban air mobility startup Volocopter has raised €200 million ($241 million) to complete development and launch services with its Volocopter electric air taxi.
Advanced Air Mobility

By Michael Bruno
Kelly Ortberg, the former head of Collins Aerospace who was a key leader in the supplier’s melt-up into Raytheon Technologies, has left its executive ranks, company representatives confirmed.
Aircraft & Propulsion

By Molly McMillin
Signature Aviation Group is encouraged by the extent of the recovery in flight operations since spring 2020, but with flight activity recovery essential to further progress, the outlook remains uncertain, CEO Mark Johnstone says.
Airports, FBOs & Suppliers

By Molly McMillin
Fractional ownership provider NetJets recorded a 27% decline in flight hours in 2020, while training hours in FlightSafety’s commercial and corporate simulators fell 30% compared to 2019, according to a 2020 earnings report from Berkshire Hathaway, parent company to NetJets and FlightSafety.
Maintenance & Training

By Graham Warwick
HyPoint has unveiled a functional laboratory prototype of a hydrogen fuel-cell power system for electric aircraft that the startup says will have three times the specific power of existing fuel cells and five times the energy density of lithium-ion batteries.
Aircraft & Propulsion

By Victoria Moores
European Commission (EC) president Ursula von der Leyen has confirmed that work is underway on a “Digital Green Pass,” which aims to facilitate the restart of European travel.
Airlines & Lessors

By Graham Warwick
Startup Universal Hydrogen is to complete construction of a subscale version of its fuel-cell power train for regional aircraft after receiving a minority investment from existing partner Plug Power.
Aircraft & Propulsion

By Molly McMillin
Flint Hills Solutions has partnered with UAV Navigation to integrate their joint technologies into the FH-900 Series autonomous Vertical Takeoff and Landing Unmanned Aerial System helicopter.
Aircraft & Propulsion

By Molly McMillin
Bye Aerospace has begun assembly of its eFlyer 2, a two-seat all-electric aircraft, the Denver-based company reports.
Aircraft & Propulsion

By Tony Osborne
The European arm of General Atomics is studying adapting the Dornier 228 twin-turboprop into an unmanned cargo aircraft. The company says an unmanned Dornier 228 could open up new prospects for growth for the platform, following its purchase of the rights to produce the aircraft from Switzerland’s RUAG International.
Advanced Air Mobility

By Bill Carey
U.S. drone manufacturer Skydio announced March 1 that it has raised $170 million in a Series D funding round led by the Andreessen Horowitz Growth Fund.
Aircraft & Propulsion

By Graham Warwick
Biofuel producer Gevo has signed a MOU with Germany’s HCS Group to build a renewable hydrocarbon facility in Speyer, Germany, which will produce sustainable aviation fuel (SAF).
Emerging Technologies

By Tony Osborne
Rolls-Royce’s ACCEL high-speed electric-powered aircraft has completed its first taxi tests ahead of flight testing.
Aircraft & Propulsion

By Michael Bruno
A cyberattack on a newly acquired manufacturing asset and a foreign policy shift by the new Biden administration combined to overshadow topsized financial results disclosed by aerospace supplier Kaman on Feb. 26.
Manufacturing & Supply Chain