2024 Corporate Aviation Leadership Summit

Kerry Lynch

Business aviation financier has closed on eight asset-back securities

GJC Raises Another $617M through Securitization

Matt Thurber

Move follows reported layoffs of 233 employees in late August

Volato Facing Class-action WARN Act Lawsuit

Charles Alcock

UK eVTOL aircraft developer reports financial results for first half of 2024

Vertical Splits Stock as eVTOL Aircraft Developer Seeks New Investment

Settlement payment confirmed in Securities and Exchange Commission filing

Boeing Pays Embraer $150M To Settle Buyout Dispute

Efforts focus on bid to supply KC-390 Millenium tanker/transport aircraft to Indian Air Force

Embraer Explores Options for Indian Supply Chain

Jessica Reed

Hoover was a former chair of the NBAA Tax Committee

NBAA Honors John Hoover with Silk Scarf Award

Improved terms apply for members committing to at least $500,000 in pre-funded flights 

Wheels Up Boosts Benefits for Members in U.S. and Europe

Urban air mobility is among several transportation upgrades the Australian city is considering

Brisbane Bids For eVTOL Air Taxis to Support 2032 Olympic Games

Texas company operates a fleet of Bombardier Learjet 60 aircraft

Jetvia Fractional Ownership Plan Offers 25% Down Payment

New backers include public transportation group Osaka Metro

SkyDrive Attracts $55 Million in New Funding for eVTOL Aircraft

Fareham facility makes systems and equipment for aircraft including business jets

Aerospace Workers Strike at Eaton's UK Factory

Curt Epstein

Among the latest companies are dealers, lenders, law firms, and an aircraft management provider

IADA Expands Membership with Eight More Companies

49 of its two-seat autonomous aircraft were delivered in the second quarter of 2024

Increased eVTOL Aircraft Deliveries Boost EHang's Bottom Line

Mark Huber

Titan says Plimsoll purchase adds value

Broker Titan Insurance Acquires Plimsoll

Europe's business aviation industry group will promote the Geneva show without its U.S. partner

EBAA Goes It Alone with EBACE Show after NBAA Sells Stake

ORRA program coaches help helicopter operators to be more resilient in dealing with risk

USAIG Gives Policyholders Access to VAI's Risk Program

U.S. District Court ruling reverses damages totaling more than $70 million

Court Overturns Zunum's Trade Secrets Verdict against Boeing

Group has held in-person and virtual events for newcomers to the industry

IADA's NextGen Committee Makes Strong Start to Its Work

U.S. advanced air mobility frontrunners announce second-quarter results

Archer and Joby Build Momentum in Last Stretch to eVTOL Service Entry

Private flight provider says profitability can be achieved by the end of 2024

Wheels Up Cuts Losses and Smoothes Operations in 2Q

The company is well-known in the large aircraft sales segment

Guardian Jet Launches Light Business Aircraft Division

The Chinese companies will work together to develop batteries supporting longer range and higher payloads for aircraft

Battery Group CATL Invests in AutoFlight's eVTOL Aircraft Plans

Orders, revenues, and earnings grew during the first six months of 2024

Helicopters Contribute To Strong Growth at Leonardo

Insurance underwriter Worldlink Specialty and Oneglobal Broking introduced the new AeroPro liability insurance product

New Liability Insurance Option for Aviation Contractors

Supply chain remains a headwind, particularly with engines

Bombardier Deliveries, Service Revenues Jump in Second-quarter 2024

David Donald

Financing and leasing are key to making hydrogen-powered commercial flight a reality

Avolon and Airbus to Explore Financing for Zero-Emission Flight

Global Sky signed a memorandum of understanding for 15 of the five- to 12-seat aircraft

Asian Sales Group Plans to Buy VoltAero Cassio Hybrid-Electric Aircraft

Bell delivered 32 commercial helicopters in the quarter

Bell Helo Deliveries Dip Slightly in Second Quarter

Company delivered 42 jets, 22 Caravans, and 21 King Airs in the quarter

2Q Revenue, Profits Grow at Textron Aviation despite Flat Jet Shipments

Sarah Rose

Company reached a settlement this week

Bombardier Settles Divestiture Suit 

In the same week, rival Archer raised $55 million from existing backer Stellantis

Eve Raises $94 Million in Fresh Funding for eVTOL Aircraft

But overall inventory is still low compared to pre-pandemic times

Jefferies: Used Bizjet Inventory Climbs 18% YOY

The UK start-up is working on a jump takeoff gyroplane and a pair of eVTOL aircraft

Arc Aerosystems Lands Saudi Backing for New Aircraft

This week's Revolution Aero conference assessed the hype around the new sector of aviation

Consultants Offer Sober Assessment of eVTOL Viability

IRS has launched first half-dozen audits

Top Bizav Attorney: IRS Audits 'Something Industry Hasn't Seen Before'

Starling is the executive director of the association

IADA Recognizes Starling with Lifetime Achievement Award

The German company has also established a business unit in Shenzhen, China

Lilium Manages Cash Flight Path to eVTOL Aircraft Certification

The company will not disclose which of its existing investors have committed to provide new funding

Volocopter Says It Has Funding To Complete Certification of eVTOL Aircraft

Electric aircraft developers will face scrutiny from independent analysts and the financial community

Revolution.Aero Draws Advanced Air Mobility Leaders to London

An agreement calls for up to 500 of the two-seat pilotless aircraft to be delivered

China's Shanxi Province Will Fly Tourists in EHang's eVTOL Aircraft

The company has been in business for 35 years and has added new services in recent years

JSSI's Support for Business Aviation Keeps Growing

Drew Limsky

"No longer a knife fight in a phone booth," said Jetcraft president and CEO Chad Anderson

Jetcraft Sees Grounds for Optimism in Preowned Bizjet Market

Joseph Carfagna Jr.

What does it take to succeed in the aircraft brokerage business?

AINsight: 1,000 Times One Is Still 1,000

New funding of at least €100 million may soon be released for the eVTOL aircraft manufacturer

German Officials Start Due Diligence For Lilium's Loan Guarantees

London-area airport is stepping up efforts to decarbonize business aviation 

Oxford Airport Begins Selling SAF, To Open Synthetic Fuel Plant

The German company is in negotiations with French officials over subsidies and loan guarantees

France May Provide Funds for Lilium eVTOL Aircraft Production Line

Q1 expenses were bloated by non-recurring payments to suppliers and lawsuit charges

Archer Expects To Cut eVTOL Aircraft Development Costs in Q2

An agreement signed at CoMotion Miami has a reported value of $300 million 

Monte Will Add Regent's Sea Gliders to Lease Portfolio

A new economic study shows increased added value and jobs

London Biggin Hill Airport Sees More Potential for Economic Impact

Fleet now includes aircraft ranging in size from the Pilatus PC-12 to Gulfstream's G450

SkyShare Lowers Frax Down Payments and Monthly Fees

The cost of production rate increases dragged on earnings for the Brazilian group

Business Jets Drive Strong Q1 Revenues at Embraer

Buyers want lower operating costs, greater fuel efficiency, and new technology

Airbus Research Highlights Factors Driving New Bizjet Buys

Stuart Simpson is currently the UK start-up's CFO

Vertical Appoints New CEO To Bring eVTOL Aircraft to Market

Gordon Gilbert

Tax is estimated to have caused the loss of 3,800 jobs and $1.1 billion in revenues

Canada Keeps Aircraft under Luxury Tax Umbrella

Bavaria has blocked support for Volocopter and Lilium

German Politicians Stall eVTOL Loan Guarantee Approvals 

Bell delivered 18 commercial helicopters in the quarter, down from 22 delivered a year ago

Bell Helicopter Shipments Lag in 1Q2024

Finance, Taxes, Insurance

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

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