General Dynamics reported increased earnings in the fourth quarter. They saw growth across its businesses. The company even noted its backlog is at record levels. But the G700 program saw a delay in achieving FAA certification This hurt the quarterly…
A few days ago, Ampaire took its hybrid-electric Caravan demonstrator on a fantastic mission. Ampaire believes the flight established a new record for hybrid electric aircraft endurance, with a total flight time of precisely 12 hours and had over 2…
GAMA, the General Aviation Manufacturers Association, released its third-quarter shipments and billings report last week. The report reveals that business jets have yet to recover to pre-pandemic levels, either in the number of aircraft or in inflation-adjusted billings. Despite book-to-bill…
The October data has been published, and here’s our updated model. Notes: Flight activity decreased YOY in October Wells Fargo notes Embraer flight activity is up 3% YOY in October, with Gulfstream -1%, Textron -2%, Bombardier -2%, and Dassault -6%.…
The FAA published its business jet report through the end of September. Here’s our updated model of their data. Notes: Page 1 indicates the industry is seeing a sharp decline in YTD ops. The forecast does not show the same…
UPDATE – GE Aerospace benefitted from strong demand for new commercial engines and services, reporting a 25-percent growth of revenues to $8.4 billion in Q3. For the year-to-date, revenues are up by even 26 percent to $23.3 billion, General Electric…