Houston-based ExpressJet Airlines yesterday disclosed that it had established an executive jet charter division.
AINalerts » October 18, 2006
Gulfstream delivered 83 business jets in the first nine months of this year versus 65 in the same period last year, according to figures released today by parent company General Dynamics.
Rolls-Royce forecasts that 51,000 engines, valued at $70 billion, are needed over the next 20 years to meet demand for 24,000 new corporate jets, from very light jets through business jetliners. “Demand is being fueled by the business community’s increasing recognition of the value of using business jets as a productivity tool,” the turbofan engine manufacturer said.
Honda Aircraft revealed the price, projected performance figures and other details of the HondaJet very light twinjet. The company plans to certify the jet for single-pilot operations under Part 23 and start deliveries in 2010, and it submitted a type certificate application to the FAA on October 11.