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Magazine Issue

The Weekly of Business Aviation, April 18, 2022

VOL. 107 NO. 15 April 18, 2022
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Charters/Brokers

Global 6500 cockpit
article

Bizav Prices May Be Leveling Despite Strong Demand, Dealers Say

Apr 15, 2022
The fast rise in preowned business aircraft pricing, prevalent in the second half of 2021, appears to be leveling off, some brokers say, although they aren’t seeing market softening.

Programs

Tecnam
article

Tecnam Unveils P-Mentor Certified Two-Seat Trainer

Apr 13, 2022
Italy’s Tecnam Aircraft has introduced a new two-seat piston aircraft called the P-Mentor designed for student training with international deliveries beginning in the next four months. 
article

Wisk Partners With Skyports On Vertiports, Autonomous eVTOL

Apr 12, 2022
At first, advanced air mobility flights will be piloted. But the industry widely agrees its aircraft must become autonomous at some point if operations are to scale up to hoped-for high volumes. Rather than if, the debate centers largely on when.
article

Lilium Takes Next Step Toward eVTOL Certification

Apr 12, 2022
Germany’s Lilium has taken another step in the type certification process for its electric vertical takeoff and landing air taxi, submitting its means of compliance to the European Union Aviation Safety Agency.
article

LaunchPoint Introduces Hybrid-Electric Propulsion Family

Apr 12, 2022
A hybrid-electric power system designed for applications ranging from drones to uncrewed cargo aircraft and passenger air taxis has been unveiled by startup LaunchPoint Electric Propulsion Solutions.

Intelligence

Forecasts/Industry Data

Business Jet
article

Pre-Owned Bizav Transactions Continue Rise

Apr 15, 2022
Transactions for preowned business aircraft rose 35% during the first three months of 2022 compared to a year ago.

OEMs/Suppliers

PC-24
article

General Aviation Boom Boosts Pilatus Results

Apr 11, 2022
Swiss aircraft manufacturer Pilatus claimed its highest-ever revenues in 2021 but the company warns that it is now facing supply chain bottlenecks. 
article

Zanite SPAC Bolsters Eve Merger Deal As Vote Nears

Apr 14, 2022
Zanite Acquisition has beefed up the committed funding that is backing its planned going-public merger with Eve, Embraer’s urban air mobility spinoff, as it heads into a May 6 shareholder vote on the deal.

Suppliers

article

Honeywell Testing Simplified eVTOL Cockpit System

Apr 14, 2022
Honeywell has started testing reaction time differences between expert pilots and novices on its prototype simplified vehicle operation cockpit system for electric vertical takeoff and landing aircraft.
M&A
article

Daily Memo: Why Are Divestitures Picking Up In Midtier Aerospace?

Apr 11, 2022
Tis the season for spring cleaning, and in midtier commercial manufacturing that increasingly means divesting assets to either become more focused on aerospace or at least certain parts of it.
article

Wing Launches Drone Delivery Service In Dallas-Fort Worth

Apr 11, 2022
Wing will launch the first commercial drone delivery services in a major U.S. metropolitan area on April 7 in Dallas-Forth Worth.

Operations

masters week
article

Augusta Regional Airport Sees Huge Traffic Levels During Masters Week 2022

Apr 12, 2022
Even if you are not a fan of golf, chances are that as a business jet owner, operator, or charter broker, you were probably familiar with the popularity to head to Augusta Regional Airport in Georgia recently for the Masters. 

Regulatory/Legislative

FAA building
article

FAA Places Liu As Aircraft Certification Lead

Apr 11, 2022
Long-time agency official Lirio Liu will take over as executive director of FAA’s Aircraft Certification Service, replacing Earl Lawrence, who moves to the NextGen Office to become deputy assistant administrator. 

Services/FBOs

Derek DeCross
article

Signature Flight Support Appoints New SVP Of Global Customer Engagement

Apr 11, 2022
While NBAA’s 2022 Schedulers and Dispatchers Conference was in full swing, Signature Flight Support announced the addition of Derek DeCross as the company’s new SVP of global customer engagement.

Airports

article

Vertiport Projects Unveiled For eVTOL Aircraft

Apr 11, 2022
Vertiports designed for future electric vertical takeoff and landing aircraft are beginning to pop up around the U.S.

Services

Overwatch Imaging
article

Imaging System Supplier Raises $11M Investment

Apr 11, 2022
Start-up Overwatch Imaging of Hood River, Oregon, has closed an $11 million Series A financing round to advance its precision imaging payloads designed for drones and general aviation aircraft.

Business Aviation Briefs

Airworthiness Directives

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Business Aviation Appointments

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