ch-aviation
• Luciano Braganca
Charter operator flyExclusive has secured a $30 million state grant to expand maintenance, repair and overhaul operations and build a new pilot-training facility at Global TransPark in Kinston, North Carolina. The investment will broaden the company’s aviation infrastructure and workforce-development footprint at its home base.
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Charter operator flyExclusive has secured a $30 million state grant to expand maintenance, repair and overhaul operations and build a new pilot-training facility at Global TransPark in Kinston, North Carolina. The investment will broaden the company’s aviation infrastructure and workforce-development footprint at its home base.
Epic Aircraft has secured EASA type certification for its E1000 AX, a single-engine turboprop designed to carry up to six passengers. The approval clears a key regulatory hurdle for the Bend, Oregon-based manufacturer as it seeks to expand the aircraft’s availability in the European market.
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Chris Rocheleau is stepping down as FAA deputy administrator after roughly 18 months at the agency, including a period as acting administrator. He will return to the National Business Aviation Association as chief operating officer after overseeing the FAA’s response to the 2025 Washington, D.C., midair collision and ongoing safety and airspace reforms.
Air Transat has entered a $107 million loan aimed at mitigating fuel-price volatility. The financing underscores how quickly fuel costs are driving balance-sheet actions across commercial aviation when pricing power and hedging aren’t enough to absorb increases.
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Textron Aviation’s Cessna Citation CJ3 Gen3 prototype flew for the first time in Wichita as the light-jet program moves further along the FAA certification path. The CJ3 Gen3 joins the CJ4 Gen3 and M2 Gen3 in flight testing, with Garmin Emergency Autoland and customer-driven enhancements included.
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General Dynamics beat Q2 2026 forecasts as Gulfstream deliveries rose to 41 and Aerospace revenue climbed 15.1%. Boeing reported a Q2 2026 net loss of $428M (-$0.67/share) on $24.6B revenue, alongside a record $715B order backlog. Airbus more than doubled Q2 profit on stronger commercial deliveries and defense performance, reiterating its full-year outlook as the A350 freighter’s first flight appears pushed to “before year-end” and A400M momentum looks “good.”
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Argus forecasts business aviation and fractional operations to be up in all months in the second half except September, while Airbus reported €2.2 billion H1 2026 net profit on a 12% rise in revenue and 351 commercial aircraft deliveries. In parallel, Frontier pointed to higher fares and easing competition after Spirit’s exit, and Europe’s airline groups warned fuel-price pressure could erode summer gains.
IADA’s market report finds dealer confidence strengthening versus the same quarter a year ago, even as overall inventory remains tight for business jets. The report also points to continued momentum in preowned bizjet sales, suggesting buyers are increasingly turning to the secondary market.
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