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Magazine Issue

The Weekly of Business Aviation, November 16, 2020

VOL. 105 NO. 46 November 16, 2020
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Regulatory/Legislative

article

Bizav Has Few Fears Of New Biden Administration, Experts Say

Nov 13, 2020
The incoming administration of President-elect Joe Biden is unlikely to herald significant changes for business aviation, although the future of bonus depreciation for aircraft sales is in question, experts say.
article

FAA, Aireon Sign Space-Based Surveillance Agreement

Nov 12, 2020
Aireon on Nov. 12 announced an agreement with the FAA allowing the agency access to its satellite-routed aircraft surveillance data to evaluate different air traffic control applications.

Airports

article

Lilium Elects Orlando As Hub For First U.S. Regional Air Mobility Network

Nov 11, 2020
German start-up Lilium has announced that the first electric regional air mobility network in the U.S. will be launched in 2025 in Florida.

Intelligence

article

Textron Aviation Marks First Delivery Of King Air 360

Nov 12, 2020
Textron Aviation has marked the delivery and entry-into-service of its first Beechcraft King Air 360 turboprop, an upgraded and redesigned King Air 350i.

Charters/Brokers

article

Conditions Favorable For Private Aviation Consolidation, Some Experts Say

Nov 12, 2020
Market conditions today are favorable for consolidation in the business aviation industry, especially with charter operators, some experts say.
article

XO Expands Light Jet Fleet As Membership Grows

Nov 10, 2020
Private aviation provider XO, based in Fort Lauderdale, Florida, is increasing its U.S. fleet by 30% with the addition of 15 Citation light jets to complement its super midsize jet offerings.

Forecasts/Industry Data

pilots training in simulator
article

Demand For Pilots Seesaws Downward

Nov 11, 2020
In little more than a year, the COVID-19 pandemic has upended industry projections of a pilot shortage by creating a surplus.
article

Avionics Sales Down 27% In 2020, AEA Says

Nov 10, 2020
Business and general aviation avionics sales fell 33.4% in the third quarter compared to a year ago, while sales during the first nine months of 2020 have fallen 27%, according to the Aircraft Electronics Association (AEA) 2020 Avionics Market Report.
article

Bizav Traffic Declines With COVID-19 Resurgence, Study Says

Nov 13, 2020
Business aviation traffic worldwide is declining in November as travel restrictions tighten with the resurgence of the COVID-19 pandemic, according to WingX Advance data.

OEMs/Suppliers

article

Textron Rejects Tender Offer By Xcalibur Aerospace

Nov 09, 2020
Textron, parent company to Textron Aviation, Bell and other subsidiaries, has rejected a “purported” tender offer from London-based Xcalibur Aerospace to acquire Textron common stock, the company says. 
embraer
article

Embraer Posts $148M Net Loss On Commercial Aviation Slowdown

Nov 10, 2020
Embraer recorded another bruising result in the 2020 third quarter (Q3), harmed by an ongoing commercial aviation slowdown that caused its E-Jet delivery stream to slow to a trickle. 
article

Leonardo Mulling DRS Spinoff

Nov 10, 2020
The share price of Italian aerospace and defense firm Leonardo has jumped after the company revealed it is mulling a partial spinoff of its U.S.-based Leonardo DRS defense electronics business.

Programs

AS2
article

Supersonic AS2 Completes Wind Tunnel Tests

Nov 10, 2020
Supersonic aircraft developer Aerion has taken a further step towards finalizing the design of its Mach 1.4 AS2 business jet.
article

Textron Aviation Marks First Delivery Of King Air 360

Nov 12, 2020
Textron Aviation has marked the delivery and entry-into-service of its first Beechcraft King Air 360 turboprop, an upgraded and redesigned King Air 350i.
In Brief promo image
article

EHang Flight Headlines South Korea’s First UAM Demo

Nov 11, 2020
News in brief
article

Sony Unveils Drone Development Project

Nov 11, 2020
Japan’s Sony Corp. has announced the start of a drone development project aimed at video production for the entertainment and other industries.

Services/FBOs

article

Signature Aviation Revenue Declines In 2020, While Activity Stabilizes

Nov 10, 2020
Revenue for the first 10 months of 2020 at Signature Aviation, which includes Signature and Epic Fuels, declined 38% on continuing operations compared to the same time a year ago, while flight activity across its network has stabilized to about 80% of prior year levels in October, the company says. 

Training

article

Bizav International Procedures Training Expert Guy Gribble Dies

Nov 09, 2020
Guy Gribble, whose aviation career spanned military and airline flying and international procedures training for business aviation, died Oct. 26 after a protracted battle with cancer.

Suppliers

article

Electric Propulsion Start-up LaunchPoint EPS Targets Drones, EVTOLs

Nov 10, 2020
Backed by 11 years of technology development, a new startup has been launched onto the market to provide electric propulsion systems for aircraft, starting with drones but aiming ultimately at urban air mobility.

Business Aviation Briefs

Airworthiness Directives

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Business Aviation Appointments

Calendar