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Raytheon Technologies Reports Increased Sales, Earnings

Raytheon Technologies Corp., an aerospace and defense company, said its fourth-quarter net income increased, driven in part by the recovery of the domestic short-haul air travel industry. However, difficulties in the global supply chain continued to slow results overall. Adjusted net income for the quarter totaled $1.61 billion, or $1.08 per share, compared with $1.12 […]

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Business Aviation Growth At a ‘Record High,’ Report Says

Business aviation travel is up in the U.S. and around the world, outpacing activity levels reported this time last year, according to a new report. Business jet travel has seen a resurgence across the board globally in the past two years, but it’s in the U.S. where growth has been strongest, particularly when it comes […]

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Honda Delivers 200 HondaJets in Six Years

Honda Aircraft Company announced Thursday that it has delivered 200 of its HondaJet HA420 series aircraft, marking six years since the original model received FAA type certification. “Since 2017, the HondaJet has been the most delivered aircraft in its class, and we continue to see high demand for the aircraft, thanks to its unmatched performance, […]

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Embraer Delivers 30 Jets During Third Quarter

Embraer delivered 30 jets in its commercial and business aviation segments during the third quarter of 2021. This compares to 21 jets in the same period in 2020. The Brazilian manufacturer broke down the totals into the following executive models: 14 Phenom 300s 2 Praetor 500s 5 Praetor 600s And the OEM delivered nine jets […]

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Going to NBAA 2021? Here’s What You Should Do

First—we can all be glad we’re headed back to Vegas. In 2019, when the National Business Aviation Association (NBAA) last held its Business Aviation Convention and Expo (BACE), the optimistic mood and clear, warm weather belied the storms that lay ahead in 2020 for the aviation industry—and the world. Between keynotes, education sessions, owner-pilot forums, […]

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