Wheels Up has completed a round of funding that will allow it to establish a base for operations in Europe and enhance the company’s technology platform.
Business aviation continues to experience weak market conditions. That’s the outlook from Rockwell Collins as the avionics and electronics company releases its 2016 fiscal year guidance.
Airbus Helicopters inked a deal for 100 light single-turbine helicopters to be delivered over the next five years to CM International Financial Leasing Corp., part of China Minsheng Investment.
Business aviation flight activity slowed in late summer, with flight activity in the U.S. and Canada down 2.7% overall in August over July activity, according to TRAQPak data by Argus International.
Final assembly for Aerion’s AS2 supersonic business jet will likely take place in the U.S., Aerion Co-Chairman Brian Barents told attendees at the Wichita Aero Club on Sept. 21, where he was the keynote speaker.
London-based BBA Aviation – the largest executive jet service provider in the U.S. – has reached an agreement to purchase Landmark Aviation from the Carlyle Group for $2.065 billion.
Jim Rowe’s company, Bering Air, serves 32 tiny villages in a remote region of Alaska, an area with no roads. Rowe was at Textron Aviation in Wichita on Sept. 22 to accept delivery of Bering Air’s 14th Caravan.
A government shutdown is looming on Oct. 1 if Congress does not approve a spending bill by Sept. 30, and the National Business Aviation Association is urging its members to plan for the worst.
FlightSafety International will begin training on its first Level D simulator for the Cessna Citation Latitude midsize jet during the week of Sept. 28.
At its Sept. 9 final public hearing on the May 31, 2014, Massachusetts crash of a Gulfstream IV that killed its seven occupants, the NTSB faulted pilot performance as well as FAA certification practices.
Bombardier Aerospace says it has reached major development milestones with its long-range Global 7000 and Global 8000 aircraft program. Plus, fractional ownership company Flexjet is adding a number of enhancements, including the adoption of a “One Flight Crew, One Aircraft” model. And about 800 NetJets pilots picketed at seven sites around the country on Sept. 10 after progress to secure a new labor contract stalled, the union said.
The global market for aircraft fuel systems is expected to grow to $9.15 billion by 2020, from $6.52 billion this year, a new report by MarketsandMarkets said.
