Latest Business Aviation news – Page 19
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NewsDassault nears first flight of Falcon 6X and closes on Future Falcon launch
Dassault Aviation is nearing two key milestones this year for its Falcon business jet family as it bids to reinvigorate sales that slumped by almost two-thirds in 2020.
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NewsVistaJet parent increases US footprint with Apollo Jets acquisition
Vista Global – the parent of the largest European-owned private jet company, VistaJet – has expanded its US operations with the acquisition of brokerage Apollo Jets. Source: BillyPix Thomas Flohr set up Vista Global three years ago to expand the VistaJet model into new areas It is ...
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NewsVolocopter grabs €200m in Series D funding
German urban air mobility developer Volocopter has raised another €200 million in Series D funding as it pushes toward certification of its VoloCity autonomous, electric vertical take-off and landing (eVTOL) passenger drone aircraft.
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NewsEclipse operators hope for less turbulent times as AML takes over
New investor is the third owner of the Albuquerque-based business since the collapse of Vern Raburn’s original venture in 2008.
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NewsPiaggio administrator invites five to make bids
Five bidders have been asked to submit formal offers for Piaggio Aerospace. It comes a year after the state-appointed commissioner who has run the ailing Italian airframer since 2018 invited applications of interest. Source: Piaggio Aerospace Piaggio is based at Villanova D’Albenga, near Genoa The unnamed companies, ...
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NewsEHang completes autonomous trial flights in Beijing
Chinese urban air mobility start-up EHang has completed cold-weather test flights of its two-seater EH216 autonomous aerial vehicle over Beijing, as it embarks on a production capacity expansion.
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NewsBombardier to cut 1,600 jobs and reduce manufacturing footprint in bid to slash costs
Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability.
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NewsBombardier to cease Learjet production at year-end
By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls.
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NewsTextron unveils cabin-updated CJ4 variant
Textron Aviation has updated the Cessna CJ4’s cabin to create a new variant of the light-twin business jet called the CJ4 Gen2
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NewsNevada Department of Transportation takes first 10-seat Pilatus PC-24
Pilatus has handed over the first PC-24 business jet configured in a 10-seat commuter layout, having secured European and US approvals for the modification in November 2020.
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NewsRival bidders link up to secure $4.7bn Signature Aviation takeover
Rival bidders for fixed-based operations specialist Signature Aviation have agreed a combined acquisition of the company, prompting the withdrawal of a previously-recommended takeover offer. A newly-formed UK-registered company, Brown Bidco, is being formed by investors Global Infrastructure Partners, Blackstone, and Cascade. GIP and Blackstone will each indirectly hold 35% of ...
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NewsEBACE cancelled for second year running
May’s European business aviation expo becomes the latest victim of pandemic uncertainty.
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NewsWheels Up to become public company in Q2
US private aviation company Wheels Up Partners has unveiled a plan to become a publicly traded company by merging with a “blank check company”.
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NewsAMAC prepares for another busy year of completions
Swiss large business aircraft specialist has booked four major projects in 2021, as it prepares to open its fifth hangar.
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NewsLilium partners with Ferrovial to build ‘vertiports’ in Florida
German electric air taxi company Lilium has partnered with Spanish infrastructure company Ferrovial to build “at least 10 vertiports” in what it calls “strategic locations” across the southern US state of Florida.
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NewsGulfstream G650 demand holding up despite development of G700
Gulfstream continues to see strong interest in the eight-year-old G650, despite fears that newer models elsewhere in airframer’s line-up would kill demand for the ultra-long-range business jet.
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NewsTextron Aviation eyes partial rebound in 2021
Textron anticipates higher output from its aviation unit this year as the market for business aviation bounces back, in part driven by the effects of the coronavirus pandemic.
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NewsGerman general aviation show Aero postponed to July
German general aviation show Aero in Friedrichshafen has become the latest victim of continuing Covid-19 disruption – although, rather than cancelling outright, organisers have moved the event from April to 14-17 July.
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NewsVolocopter working toward FAA approval of VoloCity eVTOL
German urban air mobility company Volocopter has received FAA permission to pursue certification of its autonomous, electric vertical take-off and landing (eVTOL) passenger drone design for flights in the USA.
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NewsGama expands US maintenance footprint with Jet East acquisition
UK business aviation services group Gama Aviation has almost doubled the size of its US maintenance operation with the $11 million acquisition of Trenton, New Jersey-based Jet East