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Magazine Issue

The Weekly of Business Aviation, November 2, 2020

VOL. 105 NO. 44 November 02, 2020
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OEMs/Suppliers

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Textron Expects Fourth-Quarter Profitability Return At Aviation

Oct 29, 2020
Textron Aviation is expected to return to profitability in the fourth quarter after an “encouraging” recovery in orders for business aircraft, Textron CEO Scott Donnelly said on an Oct. 29 third-quarter results call with analysts.
Embraer CEO Francisco Gomes Neto
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Life After Boeing: Embraer’s CEO On Going It Alone

Oct 30, 2020
Francisco Gomes Neto talks with Aviation Week in his first interview for the aerospace trade press.
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Gulfstream 3Q Deliveries Down, Orders Improve, But Market Fears Remain

Oct 28, 2020
Gulfstream Aerospace delivered 32 aircraft in the third quarter, down from 38 a year ago, although sales activity in the quarter was a “quantum leap” better than in the second quarter, a top official said.  
article

Spirit, Bombardier Agree To 45% Cash Discount To Close Acquisition

Oct 26, 2020
Wichita aerostructures giant Spirit AeroSystems has struck a 45% cash discount with Bombardier for the latter’s Short Brothers capacity in Northern Ireland, as well as Bombardier Aerospace North Africa and most of a Dallas MRO site.

Intelligence

article

Charter Market To Grow 3% CAGR From 2020-2025, Report Says

Oct 30, 2020
Items of interest to professionals in the business aviation industry.

Services

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Gulfstream To Move Long Beach Work To New, Expanded Facilities

Oct 27, 2020
Gulfstream Aerospace is optimizing its new and expanded network facilities with the move of work from its facility in Long Beach, California, to other locations.
article

Ontic Acquires P&W JT15D Engine Parts For Production

Oct 27, 2020
Ontic has acquired manufacturing rights from Pratt & Whitney Canada Corp. for a number of JT15D engine parts, in a fourth phase of a process that began in 2015, the product manufacturer said.
article

Tamarack Completes First Winglet Installations In Europe

Oct 27, 2020
Tamarack Aerospace has completed the first series of winglet installations on two Cessna Citation Jets, a CJ1 and a CJ2, at its newly opened European installation center. 
article

Air Charter Association Forms ‘NextGen’ Group

Oct 28, 2020
The Air Charter Association (ACA) has formed a new group made up of young aviation industry professionals focused on helping form the direction of the association and future of the industry. 

Forecasts/Industry Data

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Pre-owned Business Aircraft Sales Rise 71% In Q3, Report Says

Oct 26, 2020
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.
article

October Global Bizav Activity Down 16%, Report Shows

Oct 27, 2020
In the first three weeks of October, global business aviation activity is down 16% compared to a year ago, while activity for the year is 24% lower, according to WingX’s Global Market Tracker. 

Programs

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FAA Seeks Information On Radar Replacements

Oct 28, 2020
The FAA has issued an updated request for information (RFI) to industry under the interagency Spectrum Efficient National Surveillance Radar (SENSR) program, seeking information on commercial products that could replace some legacy radar systems.
article

Intel-Gathering G550 On Italian Defense Shopping List

Oct 28, 2020
Italy is to purchase an intelligence, surveillance and reconnaissance platform based on the Gulfstream G550, defense planning documents have revealed.
article

Gulfstream G700 Program Adds Fifth Test Aircraft

Oct 26, 2020
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. 
article

Loon Balloon Sets Stratospheric Duration Record

Oct 28, 2020
Alphabet’s internet connectivity provider Loon has claimed a stratospheric flight duration record of 312 days with one of its autonomous balloons.
article

North Dakota Announces Statewide Drone Network

Oct 29, 2020
North Dakota officials have announced the establishment of a statewide network for flying unmanned aircraft systems beyond visual line of sight of an operator, supported by a ground-based surveillance and communications infrastructure.
article

Volocopter, Lufthansa Work To Create Digital Backbone For UAM

Oct 28, 2020
As it looks ahead to certifying its VoloCity electric air taxi by the end of 2022, Germany’s Volocopter is working with a Lufthansa subsidiary to build the digital backbone for its planned urban air mobility service.

Charters/Brokers

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Flight-Sharing Startup Aims To Enlarge U.S. Charter Market

Oct 28, 2020
Since March, private aviation has highlighted the inherent advantages it offers people who need to travel but are unwilling to take the risk of exposure to COVID-19 that comes with flying on a commercial airliner. But how best to identify and address this potential new market?

Business Aviation Briefs

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Bombardier To Open Melbourne, Australia Service Center

Oct 30, 2020
Brief news items of interest to business aviation professionals.
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AOPA, Save Dillingham Airfield Group Work To Save OAHU Airport

Oct 30, 2020
The Aircraft Owners and Pilots Association (AOPA) is working with Save Dillingham Airfield Group, an organization pushing to keep Dillingham Airfield…
article

Sino Jet Partners To Open FBO At Nanchang Airport

Oct 30, 2020
Sino Jet in Asia has formed a strategic partnership with Jiangxi Airport VIP Service Co. to build and manage a fixed base operator facility at…
article

VistaJet Launches ‘Private World’ For Private Travel Members

Oct 30, 2020
VistaJet, a business aviation company, has launched VistaJet Private World, a new program for private travel, which offers members a team ready to…
article

Rolls-Royce Signs 500th CorporateCare Enhanced Service Contract

Oct 30, 2020
Rolls-Royce, a business aviation engine supplier, has signed its 500th CorporateCare Enhanced service contract since the inception of the program…
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TRAXXALL Introduces New Business Aircraft Maintenance Tracking System

Oct 30, 2020
TRAXXALL has launched TRAXXALL 360, a cloud-based maintenance tracking system that streamlines workflows with an intuitive user interface. The new…
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Canadian Business Aviation Association Joins Business Aviation Sustainable Aviation Fuel Coalition

Oct 30, 2020
The Canadian Business Aviation Association has joined the Business Aviation Sustainable Aviation Fuel Coalition, working to lower carbon emissions…

Airworthiness Directives

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Airworthiness Directives

Oct 30, 2020
Regulations recently issued by the FAA for business aircraft.

Business Aviation Appointments

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Business Aviation Appointments

Oct 30, 2020
Appointments and promotions in the business aviation industry.

Calendar

Calendar Promo Image
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Upcoming Events

Oct 30, 2020
Conferences and events for professionals in the business aviation community.

Monthly Program Profile

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Monthly Program Profile: Gulfstream G700

Oct 30, 2020
This month’s program profile highlights the Gulfstream G700.