Tag: Business Aviation

Gulfstream Plans to Deliver G700s in First Quarter This Year

FlightGlobal reports that Gulfstream “is hoping that deliveries of its G700 can begin in the current quarter after slower than anticipated certification of the ultra-long-range business jet by the Federal Aviation Administration caused revenue and profit to fall below expectations for 2023.” US type approval “for the Rolls-Royce Pearl 700-powered G700 was anticipated in the fourth quarter, enabling 15 deliveries by year end.” However, that “did not happen, causing Gulfstream’s parent General Dynamics to miss out on around $1 billion in revenue and $250 million in earnings for the three-month period.” General Dynamics CEO Phebe Novakovic “said Gulfstream has told the first customers for the jet to ‘schedule their pre-delivery inspections contemplating delivery this quarter.’” Gulfstream expects to “deliver 50 G700s this year, a large proportion of the 160 jets it expects to hand over in 2024.”
Full Story (FlightGlobal)

HondaJet Echelon Officially Launched at NBAA-BACE

Aviation Week reports that Honda Aircraft formally “launched the HondaJet Echelon Model HA-480 light jet program during NBAA-BACE, announcing it has signed more than 350 letter[s] of intent and providing additional details about its design.” With a transcontinental range “of 2,625 nm with one pilot and four passengers, the aircraft offers midsize performance in a light jet, says Hideto Yamasaki, Honda Aircraft Co. president and CEO.” Honda Aircraft “unveiled the design as a concept aircraft at NBAA-BACE in 2021.” Since June, when the company “announced its decision to commercialize the program, it received additional letters of intent numbering more than 50, officials say.”
Full Story (Aviation Week)

 

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HondaJet Echelon
(HondaJet; YouTube)

Textron Unveils Denali Turboprop Single

Aviation Week reports that Textron Aviation’s Beechcraft Denali “is making its public debut at EAA AirVenture Oshkosh, where the new turboprop single attracted a stream of interest at the manufacturer’s chalet.” The P2 aircraft on display “is one of three flying Denalis undergoing flight testing; the fleet has accumulated 1,500 flight hr. to date.” First announced in July 2016, the Denali’s development “has been slowed by supply chain issues and delays in certification of its new, 1,300-shp GE Aviation Catalyst engine, the first clean-sheet turboprop engine design in the past 50 years.” The Denali will also “feature Garmin’s G3000 avionics suite with integrated Autothrottle and Autoland.”
Full Story (Aviation Week)

Used Business Jet Inventory Up 59% Year Over Year, Data Show

Aviation Week reports Jefferies data reveal “the number of used business jets for sale in April 2023 increased 59% year-over-year (YOY) and was up 4% when compared to March levels.” Used inventory on the market “is equal to 3.6% of the total fleet, below a five-year average of 5.6%,” even as pricing “is up 15% compared to April.”
Full Story (Aviation Today)

Schiphol Airport to Ban Private Jets, Small Business Aircraft Beginning in 2025

Aviation International News reports that Amsterdam Schiphol Airport “intends to ban private jets and small business aircraft starting in 2025 as part of a wider strategy to introduce a system that focuses on the structural reduction of noise and carbon dioxide (COs) emissions in line with the Paris climate agreement.” A statement from the airport said that business aviation flights and private jets cause a “disproportionate amount of noise nuisance and CO2 emissions per passenger,” and added that the business flights produce approximately 20 times more carbon than commercial flights. The airports greener guidelines “also includes a ban on night flights and nixes a project for an additional runway,” with police and ambulance flights allowed.
Full Story (Aviation International News)

Gulfstream G650 Passes 10 Year Milestone of Service

Aviation International News reports that Gulfstream Aerospace yesterday “celebrated the 10th anniversary of the service entry of its ultra-long-range G650.” Since that time, “the Rolls-Royce BR725-powered jet has set more than 120 speed records and more than 500 of these aircraft – including the longer-range G650ER variant introduced in 2014 – have been delivered.” The G650 first flew “in 2009 and received FAA certification on Sept. 7, 2012, and EASA validation on Dec. 21, 2012.” Gulfstream won “the National Aeronautic Association’s 2014 Robert J. Collier Trophy for the G650 for ‘significant technological advancements in aircraft performance, cabin comfort, and safety.’”
Full Story (Aviation International News)

Gulfstream Notifies FAA of Soot at Rear of G500 and G600 Jets

Reuters reports that Gulfstream Aerospace “has notified owners of its G500 and G600 jets and the Federal Aviation Administration that it has discovered soot at the rear of some of those business jets, possibly because of the way a small engine vents gas in flight.” The FAA and Gulfstream both “said they did not consider the issue to be a safety risk.” The FAA told Reuters, “While it is not a safety-of-flight issue, we are working with Gulfstream to ensure the company addresses it.”
Full Story (Reuters)

GAMA Finds General Aviation, Business Aviation Deliveries Climb

Aviation International News reports that the General Aviation Manufacturers Association (GAMA) has found that general aviation aircraft “billings rose by more than 5 percent to $9.1 billion from $8.6 billion, while business jet deliveries increased by nearly 10 percent in the first half of 2022 compared to the same period last year.” OEMs “delivered 289 business jets in the first half of the year, paced by Textron Aviation, which improved its previous total by 15 additional aircraft deliveries equating to a 20 percent increase year-over-year.”
Full Story (Aviation International News)