According to several sources that reached out to FLYING, Jet It has begun a significant round of furloughs, capping a rough weekend for the company in which it has also voluntarily grounded its fleet and paused operations.
The NTSB is investigating an accident involving a HondaJet that hydroplaned off a runway in South Carolina.
The $16.25-million Cessna Citation Ascend by Textron Aviation will be the fifth-generation Citation 560XL when it arrives in 2025.
Aerospace company attributed its 20th consecutive annual dividend to disciplined capital management.
The on-demand private aviation company also announced program changes aimed at improving profitability.
The parcel carrier is concentrating on maximizing planeloads.
The company said its results reflect a combination of strong demand and unusual costs.
The issues plaguing the recent EASA rule implementation for commercial single-engine turboprop operations draw frustration and a quest for solutions.
The eVTOL manufacturer says 2023 will be a transition from planning to delivering aircraft.
Get the latest stories & special offers delivered directly to your inbox.
SUBSCRIBE
