Bombardier announced that its two latest entries in the Global family, the Global 5500 and Global 6500 business jets, have been certified by the European Aviation Safety Agency (EASA). This certification follows the one granted by Transport Canada and the official entry into service on September 30, 2019....
Owning a private jet has long been a symbol of wealth and success, but the market seems to be showing a rather drastic shift. According to JETNET, year over year, manufacturing companies are seeing de...
For going on 10 years, the number of used business jets for sale on the market has been steadily declining. It reached the relatively tight inventory level of less than 9% of the fleet for sale in January 2019, a low not seen in the last 20 years. This is just half the level that was available in 2009 when nearly 1 in 5 business jets was for sale during the financial crisis as confidence cratered and owning a corporate jet vilified. It’s be...
Business aviation contributes $150 billion yearly to the U.S. economy and provides 1.2 million jobs. From this perspective, it matters how the sector is expected to perform this year and beyond....
Gulfstream Aerospace is saying goodbye to Gulfstream G450 business jet. On January 19, 2018, the company announced the final delivery of the jet and noted, that the model is being replaced by the next generation Gulfstream G500....
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