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Business/Industry

The business of business aviation – includes articles looking at investment in business aviation; mergers and acquisitions; and finance

Mesinger Pulse

Mesinger Pulse: Due diligence – we must never slip backwards

CJI Expert

9 Aug 24

0

So much changed for us all from March 2020 to the end of 2023, writes Jay Mesinger, CEO and founder Mesinger Jet Sales. At the…

Wheels Up holds steady in Q2 amid cost cuts

Fayaz Hussain

8 Aug 24

0

Wheels Up reported flat revenue of $196m for the second quarter of 2024. Despite relatively unchanged top-line figures, the company’s results showed progress in cost…

Clay Lacy

Clay Lacy claims Van Nuys Airport Friendly Flyer Award for eighth time

Yves Le Marquand

8 Aug 24

0

Los Angeles World Airports has recognised Clay Lacy Aviation as part of its Fly Friendly Program at Van Nuys Airport for the eighth time since…

Embraer extends $1bn syndicated credit

Fayaz Hussain

7 Aug 24

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Brazilian aerospace manufacturer Embraer announced extension of $1bn syndicated credit agreement for five years securing credit at pre-negotiated rates. The deal, which will improve company’s…

Delta still up on Wheels Up

Alasdair Whyte

5 Aug 24

0

Wheels Up celebrated its 11th Birthday this week. It is hoping to make a profit before it turns 12. It really needs to do this.…

SkyShare survey

SkyShare survey: 84% of execs interested in private flying

Mike Stones

5 Aug 24

0

Up to 84% of c-suite executives and senior business leaders are interested in private flying, according to a new survey from SkyShare. But 75% of…

Soljets appoints Pericles Mosca as head of Latin America sales.

SOLJETS appoints Mosca as head of Latin America sales

Rob Hodgetts

5 Aug 24

0

SOLJETS has appointed industry veteran Pericles Mosca as its Latin America sales director. Mosca joined the boutique acquisitions and brokerage firm in July after 20…

DC Aviation Executives

DC Aviation promotes Svenja Wortmann to MD

Mike Stones

1 Aug 24

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DC Aviation Group has promoted Svenja Wortmann to the role of MD and member of the Board of Directors. Wortmann will manage the international business…

Gulfstream revenues skyrocket 50% in 2Q

Fayaz Hussain

30 Jul 24

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General Dynamics reported a significant boost in its aerospace segment (Gulfstream) during the second quarter of 2024. Revenue surged 50.5% year-over-year to $2.9bn, up from…

Bombardier 2Q revenue surges 31% on higher aircraft sales

Fayaz Hussain

29 Jul 24

0

Canadian aerospace manufacturer Bombardier reported revenue of $2.2bn in the second quarter of 2024, up 31% year-over-year from $1.7bn in the same period last year…

The latest CJIQ includes the new HondaJet Echelon business jet and our latest Connectivity survey results.

CJIQ latest features HondaJet Echelon, Connectivity survey and more

Mike Stones

29 Jul 24

0

The latest edition of Corporate Jet Investor Quarterly (Q2 2024) features the new HondaJet Echelon business jet, the results of our latest Connectivity Survey and…

CJIQ224

Q2 2024

Yves Le Marquand

25 Jul 24

0

Cover Story: Echelon on top: The new Echelon business jet promises to take Honda Aircraft Company from “start-up to mainline player”, says Amod Kelkar, chief commercial…

Farnborough Airport generates £1.9bn of gross value added to the UK economy.

Farnborough business flights ‘yield £1.9bn for UK economy’

Mike Stones

24 Jul 24

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Business flights from Farnborough Airport, generate £1.9bn ($2.45bn) of gross value added (GVA) to the UK economy every year, according to a new report from…

Embraer delivered 27 executive jets in the second quarter of 2024.

Embraer delivers 27 executive jets in second quarter

Fayaz Hussain

19 Jul 24

0

Embraer delivered 27 executive jets in the second quarter of 2024 up from 18 in the first quarter of 2024 but lower than 30 in…

Textron Aviation revenue

Textron Aviation revenue rises to $1.5bn

Fayaz Hussain

18 Jul 24

0

Textron Aviation revenue in the second quarter increased 8.2% year-over-year to $1.5bn from $1.4bn in the same period last year with higher contribution from both…

Leopold to replace Berger at Textron Aviation

Rob Hodgetts

18 Jul 24

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Tracy Leopold will replace the retiring Ed Berger as vice president, Pre-Owned Aircraft and Sales Operations, Textron Aviation. Leopold has been with Textron for nearly…

Matk Ozenick appointment president of Volato Aircraft Management Services.

Mark Ozenick to lead Volato’s aircraft management growth

Fayaz Hussain

18 Jul 24

0

Private aviation company Volato Group announced the appointment of industry veteran Mark Ozenick as president of Volato Aircraft Management Services (VAMS). Ozenick will be responsible…

ALTEA welcomes new Partner, Michael Hoby Andersen

ALTEA appoints bizjet specialist Michael Hoby Andersen as partner

Fayaz Hussain

18 Jul 24

0

Aviation consulting firm ALTEA announced the appointment of business jet specialist Michael Hoby Andersen as Partner. “Michael not only understands the commercial aspects of VIP…

George J. Priester Aviation

George J. Priester Aviation announces leadership changes

Yves Le Marquand

17 Jul 24

0

George J. Priester Aviation has unveiled a new leadership team structure. Brent Moldowan will head up day-to-day operations as president and CEO; strengthening the firm’s…

Magellan Jets partners with golf star Johnson

Rob Hodgetts

17 Jul 24

0

Magellan Jets and golf star Dustin Johnson’s LIV Golf team have combined in an exclusive global private jet partnership. Two-time major winner Johnson flies exclusively…

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