Business

The company had previously announced it expected to deliver approximately 80 Dreamliners this year.

The airport is positioning itself to attract general cargo, bypassing crowded international gateways for faster turnarounds.

The slump comes as charter operators face a ‘challenging environment,’ the data tracking company said.

The light sport aircraft manufacturer reported a nearly 28 percent increase in productivity with the assembly of 65 aircraft.

Jet It fractional owners have options when it comes to navigating the company’s shut down.

Jet It sent a letter to employees saying everyone is terminated, and the company is shutting down.

As the fractional business jet operator shuts down contracts, owners are now tasked with deciding what to do with their aircraft.

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.