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Universal Aviation to operate $20M private-aviation terminal at King Fahd International Airport, Dammam

Universal Aviation, an Evans Aviation company, has been selected by Dammam Airports Company and Saudi authorities to manage a newly inaugurated $20 million general-aviation terminal at King Fahd International Airport in Dammam. The private-jet facility is expected to be operational shortly, expanding FBO capacity in the Eastern Province.

2026-02-24T10:17:06.954572-08:00

Air Data News

Embraer launches Praetor 500E and 600E with 42-inch smart window, curved touchscreens and cabin upgrades

2026-02-24T06:26:54.398503-08:00

AINonline

Business-jet market closes strong year as fourth-quarter activity rises worldwide

2026-02-24T10:56:34.850162-08:00

AINonline

General aviation demand healthy, but workforce and supplier bottlenecks threaten delivery momentum

2026-02-24T07:11:36.897582-08:00

News Timeline

AINonline

Business-jet market closes strong year as fourth-quarter activity rises worldwide The business‑jet market closed the year strongly as fourth‑quarter activity increased across regions, driven by broad‑based growth in flight operations, utilization and transactions. Rising worldwide operations underpinned demand for new and pre‑owned aircraft, supporting OEM and aftermarket activity into year‑end.

2026-02-24T10:56:34.850162-08:00

Business-jet market closes strong year as fourth-quarter activity rises worldwide

Business Wire

Universal Aviation to operate $20M private-aviation terminal at King Fahd International Airport, Dammam Universal Aviation, an Evans Aviation company, has been selected by Dammam Airports Company and Saudi authorities to manage a newly inaugurated $20 million general-aviation terminal at King Fahd International Airport in Dammam. The private-jet facility is expected to be operational shortly, expanding FBO capacity in the Eastern Province.

2026-02-24T10:17:06.954572-08:00

Universal Aviation to operate $20M private-aviation terminal at King Fahd International Airport, Dammam

AINonline

General aviation demand healthy, but workforce and supplier bottlenecks threaten delivery momentum A State of the Industry briefing portrayed a thriving general aviation market, but chronic workforce shortages and persistent supplier bottlenecks are limiting production and aftermarket support. The disconnect between strong demand and constrained capacity is raising delivery timelines and pushing repair and parts backlogs higher.

2026-02-24T07:11:36.897582-08:00

General aviation demand healthy, but workforce and supplier bottlenecks threaten delivery momentum

Air Data News

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Embraer launches Praetor 500E and 600E with 42-inch smart window, curved touchscreens and cabin upgrades Embraer unveiled upgraded Praetor 500E and 600E business-jet variants featuring industry-first curved touchscreen monitors, a 42-inch smart window display, redesigned cabin management system, new seats, divan option and enlarged galleys. The company is targeting first deliveries in Q1 2029 as it seeks to capitalise on rising executive-jet demand.

2026-02-24T06:26:54.398503-08:00

Embraer launches Praetor 500E and 600E with 42-inch smart window, curved touchscreens and cabin upgrades

AINonline

XTI Aerospace shelves TriFan 600 VTOL business aircraft, pivots to drone development XTI Aerospace, a Colorado-based developer, has shelved its long-running TriFan 600 vertical-takeoff-and-landing business aircraft program and announced a strategic pivot into unmanned aerial systems. The company will redirect engineering and development resources from the crewed VTOL project toward commercial and military drone initiatives.

2026-02-24T05:06:24.359081-08:00

XTI Aerospace shelves TriFan 600 VTOL business aircraft, pivots to drone development

ch-aviation

Punjab approves new carrier 'Air Punjab' as Gulfstream GVII‑G500 purchase sparks scrutiny Punjab government approved new carrier 'Air Punjab' and has come under scrutiny after buying a 2019-built Gulfstream GVII‑G500 ultra-long-range business jet, prompting questions over provincial spending priorities, governance and its implications for competition and market entry.

2026-02-22T21:16:43.733407-08:00

Punjab approves new carrier 'Air Punjab' as Gulfstream GVII‑G500 purchase sparks scrutiny

Wall Street Journal

What the Wealthy Want in Their Private Jets Wealthy owners are prioritizing privacy and long-stay comfort, prompting designers to outfit private jets and yachts with apartment‑style interiors—residential finishes, flexible living spaces and home-like amenities—shifting the cabin from transport to bespoke living environment. The trend responds to demand for discretion and extended onboard use.

2026-02-21T11:25:20.536125-08:00

What the Wealthy Want in Their Private Jets

Reuters

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Transport Canada certifies Gulfstream G500 and G600 after Trump threatened U.S. grounding and tariffs Transport Canada has granted type certification for Gulfstream’s G500 and G600 business jets, according to a government document, after President Donald Trump publicly criticized the delay and threatened to ground Canada-built aircraft in the U.S. and impose tariffs unless regulators approved the models.

2026-02-20T13:35:44.633286-08:00

Transport Canada certifies Gulfstream G500 and G600 after Trump threatened U.S. grounding and tariffs

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BizAv News

Universal Aviation to operate $20M private-aviation terminal at King Fahd International Airport, Dammam

Embraer launches Praetor 500E and 600E with 42-inch smart window, curved touchscreens and cabin upgrades

Business-jet market closes strong year as fourth-quarter activity rises worldwide

General aviation demand healthy, but workforce and supplier bottlenecks threaten delivery momentum

News Timeline