Business jet shipments worldwide declined 1% last year when compared to 2014, updated data from the General Aviation Manufacturers Association reports.
XTI Aircraft Co., developer of the TriFan 600 aircraft, is establishing an over-the-counter secondary market for shareholders to buy and sell XTI shares on the public market, the company said.
Piper Aircraft announced Tuesday that its Singapore-based regional dealer, Wings Over Asia, recently negotiated a significant sale to an Indonesian airline training school.
Bombardier has announced the latest in a series of steps to turn the company around, including a plan to cut 7,000 jobs, or 10% of its workforce, including 500 positions in its business aviation segment.
Mecaer Aviation Group’s MAGnificent luxury helicopter interior is finding a niche among Bell 429 owners, from the first installation at Bell Helicopter’s Prague facility to the most recent supplemental type certificate (STC) from Russian aviation authorities last month.
AsBAA exults as business aviation operators now have a new gateway, with plenty of ramp space, to the Hong Kong-Macau-Guangzhou-Shenzhen-Zhuhai metroplex, aka the PRD, or Pearl River Delta.
Saab is introducing gallium-nitride (GaN) technology to airborne early warning and control (AEW&C), with a multi-mission aircraft based on the Bombardier Global 6000 business jet that combines aerial, ground and sea surveillance, with signals intelligence as an option.
Global Jet Capital, which provides financing for private jets, is establishing a global team to meet demand, the Boca Raton, Florida-based company said.
Cessna Aircraft’s Citation Latitude midsize business jet has received certification from the European Aviation Safety Agency (EASA), the company said. Deliveries to Europe are underway.
A measure to split air traffic control (ATC) and modernization away from the FAA into a non-profit corporation survived congressional scrutiny on Feb. 11, emerging modified but relatively unscathed.