Air Data News
• Ricardo Meier
Embraer has delivered the first Praetor 600E to Flexjet, making the fractional-ownership operator the launch customer for the upgraded business jet following its certification in June. The delivery advances Flexjet’s planned acquisition of 182 Embraer aircraft, with options for 30 more, to modernize its intercontinental fleet.
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Embraer has delivered the first Praetor 600E to Flexjet, making the fractional-ownership operator the launch customer for the upgraded business jet following its certification in June. The delivery advances Flexjet’s planned acquisition of 182 Embraer aircraft, with options for 30 more, to modernize its intercontinental fleet.
ONEflight has paused sales activity as it faces financial troubles, raising questions about whether customers who purchased its jet card products will recover their investments. The development highlights the counterparty and liquidity risks facing buyers of prepaid private aviation services.
The business-jet market is projected to expand from an estimated $27 billion in 2025 to more than $60.5 billion over the following decade. The forecast points to sustained growth in demand for business aviation and an expanding opportunity for manufacturers, operators and service providers.
Honda Aircraft has pushed the planned introduction of its HA-480 Echelon light business jet back three years to 2031, citing supply issues. The company says development continues and has completed assembly of the aircraft’s first wing structure as it works toward market entry.
Airbus has appointed Nicolas Boltoukhine, an experienced corporate aviation executive and pilot, to lead Airbus Corporate Helicopters. He succeeds Frederic Lemos, who is departing after serving as the unit’s CEO since 2017.
Global Jet Capital projects that transactions involving new and pre-owned business jets will approach a quarter of a trillion dollars over the next five years. The forecast points to sustained capital flows across business aviation, spanning aircraft sales and the secondary market.
Honda Aircraft has completed the wing for its first Echelon business jet, but the program’s first flight and certification timeline has slipped. Final assembly is now scheduled for early next year, extending the development schedule for Honda’s next-generation light jet.
Global Jet Capital expects the business-jet market to expand steadily through 2030, with North America retaining its position as the largest regional market. The outlook points to continued demand for business aviation and sustained importance of North America in global fleet and financing activity.
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