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The Weekly of Business Aviation, August 4, 2023 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 4, 2023

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Forecasts/Industry Data

Business Jet
article

Forecast: Latin America’s BizJet In-Service Fleet To Recede Slightly Over Decade

Aug 02, 2023
The Latin American in-service business jet is projected to recede from 2,433 in 2023 to 2,083 by 2032, with retirements outpacing the shipment of new aircraft. 

OEMs/Suppliers

Bombardier Global 7500
article

Bombardier Q2 Backlog, Revenue Rise Amid Continued Demand

Aug 03, 2023
The momentum is strong with large fleet operators.

Intelligence

Training

Tecnam P-Mentor
article

Trainer Aircraft In Demand Amid Pilot Shortage

Aug 01, 2023
During EAA AirVenture 2023 there were announcements of hundreds of orders by manufacturers and at least one launch of a new training program. 

Suppliers

Textron Aviation Longitude
article

Textron’s Aviation Divisions Deliver Q2 Growth

Jul 28, 2023
Pricing helps offset supply chain issues.

Sounding Board

Hideto Yamasaki
article

Sounding Board: Five Minutes With Hideto Yamasaki, Honda Aircraft’s Top Executive

Aug 01, 2023
Hideto Yamasaki was named president and CEO of Honda Aircraft, based in Greensboro, North Carolina, in 2022.

Regulatory

Boeing 737-7
article

New FAA Policy Would Mandate 'Safety Critical' Changes As 'Major'

Jul 28, 2023
Any changes to existing designs deemed safety critical are, by definition, major changes, according to FAA's new draft policy.

Programs

Gulfstream G550
article

Gulfstream G550 Completes 1 Millionth Flight

Aug 02, 2023
Gulfstream Aerospace announced that its G550 fleet has completed its one-millionth flight. 
business jet
article

Jet Card Hourly Rates For Private Jets Dropped Slightly

Jul 27, 2023
The average hourly jet card rate for private jets dropped 1.3% in the second quarter, according to Private Jet Card Comparisons. 
article

Russia Plans Hybrid-Electric Regional Demonstrator

Jul 27, 2023
Russia is developing technology for a hybrid-electric regional airliner, with plans to fly a demonstrator in 2026, news agency Tass says.

Safety

Homendy
article

Learning To Fly ‘Is Expensive,’ NTSB Chair Says

Aug 03, 2023
Learning to fly is expensive, attests NTSB Chair Jennifer Homendy, who is working toward a private pilot’s license.
T-6 Texan
article

Aircraft Attending AirVenture Involved In Fatal Crashes

Jul 31, 2023
Four people were killed July 29 in two separate accidents involving aircraft attending the EAA AirVenture Oshkosh Fly-In and Convention in Oshkosh, Wisconsin.

Connectivity

Gogo Business Aviation
article

Gogo 5G Launch Delayed By Chip Design Error

Jul 28, 2023
Gogo Business Aviation said July 27 that its 5G network launch will be delayed due to a “design error in a non-5G component of its chip.”

Business Aviation Briefs

Airworthiness Directives

Business Aviation Appointments

Calendar Of Events