Jetnet

According to the Jetnet iQ forecast, light jets are expected to account for more than 1 in 5 business jets produced from 2023 to 2032 with large-cabin aircraft a close second.

The company said the acquisition will enable it to expand its flight data product offerings.

Aircraft manufacturers have delivered 1,841 aircraft since the beginning of the year, according to The General Aviation Manufacturers Association’s (GAMA) third-quarter shipping and billing report.

Despite forecasts of a recession in the coming year, segments of the aviation industry are keeping a positive outlook.

CEO urges industry stakeholders to do all they can to improve sustainable offerings for the industry or risk disruption.

The JETNET iQ Summit takes place in New York next month and includes a panel of top industry executives.

Jetnet iQ revealed its market outlook at NBAA-BACE this week in Las Vegas. The results include the company’s third-quarter survey of business jet owner/operators. Overall, the report delivered mixed news. “We call them as we see them,” said Jetnet iQ’s Paul Cardarelli, vice president of sales. “And we see some challenges now.” The good news? […]