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Business Jet Values & Sales Bulletin - April 12, 2024
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Business Jet Values & Sales Bulletin - April 5, 2024
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Aviation News
Bizjet activity tilts up despite sharp slowdown in Middle East
18 Apr 2024
wingx-advance.com
Geopolitical tensions are visibly impinging on bizjet demand, with flights in the Middle East dropping off 20% in Week 15. The European market has idled this year, stagnating around the same levels of demand 5 years ago. The US market is still growing, especially for the top operators. Bizjet visitors to airports hosting the Masters golf tournament were up by 15% compared to last year’s event.
FAA Picks uAvionix ADS-B System To Prevent Incursions
18 Apr 2024
ainonline.com
FlightLine offers a lower-cost alternative to airport surveillance systems.
Boom goes supersonic, FAA grants special flight authorization for testing
18 Apr 2024
globalair.com
Boom Supersonic has been granted Special Flight Authorization by the FAA to operate at supersonic speeds for flight testing.
Used Jet Inventories on the Rise: Jefferies
17 Apr 2024
globalair.com
The current inventory is still well below recent peaks.
Vref: Preowned Bizjet Market in Adjustment Period
16 Apr 2024
ainonline.com
High interest rates, election insecurities, and global economy weigh on used business jet sales.
Garmin now offering navigation database, avionics solution to European customers
15 Apr 2024
globalair.com
The big announcement Monday shared that customers in Europe now have the option to incorporate the latest in aviation navigation information with their Garmin avionics.
Global bizjet activity 2% ahead of opening 7 days of April 2023
12 Apr 2024
wingx-advance.com
At the start of April (1st – 7th), global bizjet sectors are 2% ahead of comparable last year, trailing 2022 by 4%, 37% ahead of 5 years ago. Over the same period, scheduled airline activity is 24% ahead year-on-year, 12% ahead of 2019. Dedicated cargo sectors start this month are 3% ahead of last year, 18% ahead of 2019.
Universal Weather Updates the Worldwide ADS-B Landscape
12 Apr 2024
ainonline.com
Better equipped and better served is still the case in many countries
Cessna Caravan family soars above 25M flight hours
10 Apr 2024
globalair.com
The Cessna Caravan family has surpassed 25 million flight hours, cementing the Caravan as the most-produced single-engine utility turboprop of all time.
Bombardier, Gulfstream to skip EBACE display
9 Apr 2024
globalair.com
When many of the key figures and dealmakers of the industry gather late next month in Geneva, Switzerland, two of the most prolific private jet makers will not have aircraft displays at Europe’s premier business aviation event.
Textron Aviation To Offer CJ2 Garmin Avionics Upgrade
8 Apr 2024
ainonline.com
The Garmin suite replaces the CJ2's original Collins Pro Line 21 avionics.
FAA Grants Production Certification for Gulfstream G700
8 Apr 2024
ainonline.com
FAA approval acknowledges the manufacturer's quality and production processes.
Global bizjet activity in Q1 flat on last year, -2% vs 2022
4 Apr 2024
wingx-advance.com
Overall flight volumes are so far very similar to last year, but with considerable variance by region and operator type, with demand in Europe clearly ebbing, the US flat overall but at record highs in New Jersey, fractional operations powering ahead.
Pratt & Whitney, FAA team up to study non-CO2 emissions
4 Apr 2024
globalair.com
Pratt & Whitney and the FAA will be working with the Missouri University of Science and Technology, Aerodyne Research, Inc. and the EPA to study non-CO2 aviation emissions to understand the environmental impact of these emissions. The project will measure emissions from a Pratt & Whitney GTF engine combustor rig test stand using Jet A and 100 percent SAF through the FAA’s ASCENT program.
Bombardier, Gulfstream Pass on EBACE, but Bolen Sees Other Strong Support
4 Apr 2024
ainonline.com
All other airframers that traditionally exhibit are returning to EBACE.
Skydweller completes world's first uncrewed flight in large-scale solar-powered aircraft
4 Apr 2024
globalair.com
Skydweller Aero shared Thursday that it completed the world’s first successful autonomous/uncrewed flight of a large solar-powered aircraft in the U.S., taking off from the Stennis International Airport (HSA) in a solar-powered aircraft with a wingspan greater than the Boeing 747.
Bombardier Completes Portfolio with Challenger 650 Environmental Declaration
3 Apr 2024
ainonline.com
The Challenger 650 EPD details the business jet's environmental footprint from raw material to end-of-life.
Globe-girdling Gulfstream G700 Gets FAA Greenlight
29 Mar 2024
ainonline.com
Skydweller Aero shared Thursday that it completed the world’s first successful autApproval clears the way to begin deliveries of the 7,750-nm twinjet.
Spring Break Lifts US Bizjet Activity Above March 2023
28 Mar 2024
wingx-advance.com
Business aviation activity is robust everywhere but Europe in March 2024. The core US market is normally busiest this time of year, and is slightly stronger than March last year when demand was affected by the regional banking crisis, but still some way off the peak in the post-Covid market back in March 2022.
Last Downsview Global 7500 Rolls Off Line
28 Mar 2024
ainonline.com
Bombardier has manufactured Globals in Downsview since the mid-1990s.
Gogo Celebrates Global Broadband Antenna Testing Milestone, On Track For Commercial Launch
28 Mar 2024
globalair.com
Gogo Business Aviation celebrated another milestone on Thursday with the Gogo Galileo global broadband service completing end-to-end connectivity using the HDX antenna on a fully developed Eutelsat OneWeb Low Earth Orbit satellite network. Gogo Galileo is on track for a commercial launch this year.
The 5 Largest General Aviation Airshows in the United States
27 Mar 2024
globalair.com
Airshows are full of excitement and enthusiasm. They attract thousands of visitors every year. Top 5 shows: EAA AirVenture, SUN 'n' FUN Aerospace Expo, Pacific Airshow, Air Dot Show, and Bethpage Airshow.
Jefferies: Bizjet Inventories Up 26% from Last Year
26 Mar 2024
ainonline.com
Used inventory is still below the five-year average of 5.1 percent of the total fleet.
Bombardier Global 7500 touring Asia
25 Mar 2024
globalair.com
On Wednesday Bombardier announced that its class-leading Global 7500 is actively touring Asia with planned customer meetings in Hong Kong, Beijing and Seoul. This tour comes fresh after the Global 7500 set more impressive speed records, bringing the total for the jet to over 30 flight records.