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The Weekly of Business Aviation, August 22, 2022 is published in The Weekly of Business Aviation, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Magazine Issue

The Weekly of Business Aviation, August 22, 2022

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Regulatory/Legislative

Gevo commercial SAF plant, Net-Zero 1
article

Tax Credit Aims To Boost SAF Production In U.S.

Aug 17, 2022
Signing of the Inflation Reduction Act by President Biden introduces key mechanisms to improve the sustainability of aviation.

Programs

Bombardier EcoJet concept
article

Bombardier’s EcoJet Reimagines The Business Jet To Reduce Emissions

Aug 12, 2022
Bombardier prepares to fly a larger-scale model of its blended wing-body concept for a future sustainable business aircraft.
Nexus
article

Textron Building Prototype For Nexus Tiltrotor eVTOL

Aug 18, 2022
Textron has restarted work on the Nexus electric vertical takeoff and landing air taxi but moved the program from Bell to a new unit within its eAviation business segment focused on sustainable flight.
HX50
article

Hill Helicopters Pushes First HX50 Flight Back To End Of 2023

Aug 15, 2022
Full-scale production of the light helicopter is now envisaged to begin in September 2024.
article

Archer Touts Capabilities Of Midnight Production eVTOL

Aug 15, 2022
Archer Aviation’s production electric air taxi, called the Midnight, is being designed to fly 45 back-to-back 20-mi. missions a day with a pilot and four passengers and a 10-min. recharge between flights, at prices comparable to ground ride-sharing, the startup has revealed.

Intelligence

Airlines

American Eagle regional jet
article

Knock-On Effect Of Pilot Premiums Rips Through Regional Market

Aug 16, 2022
American Airlines says the premiums will be strictly temporary, but others are less sure.

Forecasts/Industry Data

Textron Aviation Citation Longitude
article

August Used BizJet Inventory Declines 33% YOY

Aug 18, 2022
The number of used business jets for sale in August declined 33% compared to a year ago but rose 2% compared to July figures, according to Jefferies. 

Sounding Board

article

Sounding Board: Five Minutes With Hideto Yamasaki, Honda Aircraft President, CEO

Aug 15, 2022
Hideto Yamasaki joined Greensboro, North Carolina-based Honda Aircraft Co. as president and CEO on April 1 following the retirement of founder…

Charters/Brokers

Wheels Up
article

Wheels Up Plans For Profitability In 2024

Aug 18, 2022
Wheels Up posted record revenue but an increase in net losses during the second quarter (Q2) in 2022, while officials say the private aviation provider expects to turn profitable in 2024. 

Safety

Citation V crash
article

NTSB Finds Pilot Was Incapacitated Before Crash

Aug 16, 2022
The pilot of a Cessna 560 Citation V that crashed near Warm Springs, Oregon, on Jan. 9, 2021 became incapacitated for reasons that could not be determined, the

Business Aviation Briefs

Airworthiness Directives

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Business Aviation Appointments

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