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• Kerry Lynch
Bombardier will acquire the assets of Mitsubishi Heavy Industries’ MHI Canada Aerospace in Mississauga, near Toronto Pearson airport, adding a manufacturing site and approximately 750 employees. The transaction expands Bombardier’s Ontario production footprint and brings a previously outsourced operation under direct control, strengthening its supply-chain resilience.
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Bombardier will acquire the assets of Mitsubishi Heavy Industries’ MHI Canada Aerospace in Mississauga, near Toronto Pearson airport, adding a manufacturing site and approximately 750 employees. The transaction expands Bombardier’s Ontario production footprint and brings a previously outsourced operation under direct control, strengthening its supply-chain resilience.
Universal Aviation has begun operations in Dammam, Saudi Arabia, establishing its first facility in the Kingdom. The company says additional facilities are planned, signaling an expansion of its presence in Saudi Arabia’s business aviation market and a broader regional operating footprint.
Otto plans to establish a manufacturing hub for its Phantom 3500 business jet in 2028. The aircraft is being designed to reduce fuel burn and operating costs, positioning efficiency as a central element of the program’s value proposition for business aviation operators.
The Aviation Safety Council Foundation’s midyear review finds altitude and course deviations, along with traffic proximity, remain the leading business aviation risk categories. The assessment indicates the sector’s overall risk profile has remained stable even as traffic levels increase.
NBAA’s latest quarterly safety analysis examined six fatal business aviation accidents that caused 22 deaths. Powerplant system or component failures were the leading occurrence category, cited in two events, while collisions also emerged as a significant safety concern in the quarter.
Daher named Michel Denis as its chief executive, while Flexjet appointed Steve Varsano president. Former NTSB Chairman Robert Sumwalt was selected as the next recipient of the Wright Trophy, recognizing three notable leadership and industry developments in September 2026.
Berkshire Hathaway’s service group reported a 20.6% increase in pretax earnings in the second quarter, with business aviation operators NetJets and FlightSafety identified as key contributors. The result highlights continued earnings momentum across private aviation operations and pilot-training services.
Brian Rohloff has become president and CEO of Textron Aviation, succeeding longtime chief Ron Draper. Rohloff has spent 29 years at the Wichita-based aircraft manufacturer and most recently led customer support, bringing deep operational and customer-facing experience to the company’s top role.
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