The history of business jet design is a fascinating journey, reflecting technological advances, shifting luxury standards, and evolving business needs. What began as practical tools for efficient travel has transformed into a symbol of opulence and status. This article explores the significant milestones in the evolution of business jet design, from the early 1950s to the luxurious flying palaces of today.
The business jet market is undergoing a subtle shift as Gulfstream's highly anticipated G700 prepares to enter service. This shift is favoring buyers, with more attention being paid to aircraft condition, records, and delivery conditions. The introduction of the G700 could further impact the market, potentially increasing the availability of preowned G550s and G650/ERs while causing prices to fall. Additionally, the loyalty of Gulfstream customers may lead G650 owners to transition to the G700 and sell their existing models, affecting preowned pricing overall.
The private jet industry is enjoying a resurgence in demand in 2023, with many air passengers opting for business aviation memberships and charter flights. After a challenging period during the pandemic, the market is expected to see growth in the first and second quarters of this year, sustaining a higher service demand compared to previous years.
NBAA-BACE, the most anticipated event in the business aviation world was back in Florida in 2022. This traditional meet-up of the major players in aviation hosted nearly 1 000 companies and presented over 100 aircraft on static display. Here are the highlights that you can´t miss:
International Airshow at Farnborough took place last week, 18th – 22nd July 2022 in Farnborough, UK after more than 3-year pause caused by pandemic situation. Trade exhibition fort the aerospace and defense industry once again proved how world is evolving for sustainability, innovation and workforce development. There were several interesting announcements and news introduced during this week, which we bring you in this article.
After an almost two-year break, the biggest global aviation event this year – Dubai Airshow was bringing life back to aviation with more than 1,200 exhibitors from over 148 countries.
In the last year, the pre-owned business aviation market has gone through an exciting journey. The available inventory during this year reached an absolute minimum while prices soared to the highest levels. But what was the situation in the third quarter of 2022?
After a one-year break caused by reasons known to all of us, NBAA-BACE - the biggest event in business aviation is back. Its return has traditionally been accompanied by many announcements and statements from the biggest players in the industry. We can therefore welcome several completely new but also improved aircraft on the market.
After many months of suffering from the COVID-19 pandemic during the second wave, and the inevitable damage caused to aviation as a whole, the hopeful summer months finally arrived. Even though business aviation was almost the least affected among the entire industry, the summer break from covid restrictions and the rebound of operations came at the most appropriate time.
Push for sustainability in business aviation has become one of the most discussed topics in the industry. Efforts of carbon neutrality have already entered the cabins of bizjets, closely following attempts in executive airliners. Tendency to go green is involving OEMs, completion and refurbishment centers, and last but not least components providers.
Following the rebound after harsh COVID-19 times, global aircraft charter provider Air Charter Service (ACS) is predicting a boom in summer travel in the private jet division. Their latest forecasts say that a 20% year-on-year increase from 2020 between June and August 2021 can be expected
Private air transport has recently become more accessible and affordable to new clients than ever before. The global pandemic even highlighted its use and importance. But generally speaking, the use of a business jet offers great amounts of benefits.
Not so long ago, one era of commercial supersonic flying ended infamously. Although it may have seemed that traveling at a speed greater than air will remain only a memory of the past, the course of events suggests the exact opposite.
If there’s at least one thing the events of the last few months have shown us, it’s that we live in times that are uncertain. However, almost no one likes uncertainty. This is why in an era of unprecedented instability and turbulence, the notions of reliability and predictability are prized above all others.