AINonline
• Amy Wilder
Preowned business-jet transactions rose 11.2% in the second quarter of 2026, with heavy jets leading the market’s rebound. The increase signals renewed activity in the secondary business-aviation market, though the available data does not specify transaction value, aircraft volumes by segment, or the drivers behind the recovery.
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Preowned business-jet transactions rose 11.2% in the second quarter of 2026, with heavy jets leading the market’s rebound. The increase signals renewed activity in the secondary business-aviation market, though the available data does not specify transaction value, aircraft volumes by segment, or the drivers behind the recovery.
The National Business Aviation Association welcomed changes to the radio altimeter rule that push compliance deadlines and introduce a rebate program. The revisions give operators additional time to address affected equipment while providing financial support for upgrades tied to the rule’s implementation.
Wheels Up reported mixed second-quarter results as it continued working toward net profitability, while membership in its Signature private-flight group doubled during the first half to more than 1,200. The figures highlight both expanding customer participation and the ongoing challenge of converting growth into sustainable earnings.
Swiss semi-private aviation startup PeakJet has completed its first commercial flight, operating between Zurich and Palma de Mallorca. The platform allows travelers to book individual seats on private-jet flights, offering an alternative to full-aircraft charter for the route and potentially other markets.
Global Jet Luxembourg has added the group’s first production Global 8000, expanding its business-jet fleet with Bombardier’s flagship aircraft. The aircraft is based in Luxembourg, according to the company’s announcement, marking a new addition to Global Jet’s managed-aircraft portfolio.
NetJets Aviation is limiting sales of jet cards and leases as the Columbus, Ohio-based operator shifts emphasis toward fractional ownership. The move points to a tighter focus on its shared-ownership model and could affect how customers access NetJets aircraft outside traditional fractional programs.
Elevate Jet is moving all of its maintenance, repair and overhaul operations from Salt Lake City to Florida and plans to establish a second base in Texas. The private aviation company cited access to a deeper workforce, favorable tax policies and a business-friendly regulatory environment for the expansion.
The International Business Aviation Council has introduced a self-declaration pathway for its IS-BAH ground-handling safety standard. Eligible organizations can now declare conformity without undergoing an independent third-party audit, changing the verification process for business aviation ground-handling providers.
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