A key FAA official said the agency calls supersonic technologies a priority but said that noise, emissions, and harmonization issues need to be addressed.
In the second quarter, Gulfstream handed over 32 airplanes—one more than a year ago—but sales remained "difficult" due to Covid-19 travel restrictions.
Under a new MoU, Spirit AeroSystems will design and build the Aerions AS2 forward fuselage, building on an earlier agreement covering preliminary work.
While most business aviation pricing has dropped due to Covid-induced sluggish sales, the light jet market shows resiliency, according to Asset Insight.