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.