LATEST NEWS

The integration of artificial intelligence (AI) in business aviation is no longer a futuristic concept but a present reality, enhancing various aspects of the industry from operational efficiency to customer experience. While the mainstream spotlight often falls on commercial airlines and airports, private aviation is quietly but significantly benefiting from AI technologies.

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.

Leonardo Helicopters is making remarkable progress with the Kopter AW09 helicopter program, targeting 100 orders by year-end and accelerating production. With over 50 preliminary sales contracts secured and expectations to reach 60 before summer, the company foresees a potential total of 200 orders before the helicopter's projected certification in the second half of 2024. Initial deliveries are planned for late 2024, followed by an increase in the subsequent year.

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.

Cryptocurrencies have been able to cause quite a stir around themselves in recent years. Their popularity has grown enormously in recent years and their reputation has attracted a large part of the population but also the businesses that have adopted these technologies.

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

2021 was for most of us definitely remarkable year, which will remain in our memories for a long time. Very often inflected “C” word, gave rise to wild polarization of society in matters of politics, ethics and many others. But one thing every aviation interested person agrees on, is drastic impact of the pandemic striking this industry.

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.