After a hit in sales caused by the COVID-19 pandemic, member dealers of the International Aircraft Dealers Association (IADA) experienced a trend of increasing transactions of pre-owned aircraft in 2020. IADA announced on Jan. 11 that its member dealers transacted 1,100 sales...

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By Molly McMillin | The Weekly of Business Aviation, Aviation Week Intelligence Network

Over the next decade, manufacturers are expected to deliver 8,200 new business jets valued at $212.0 billion at retail prices, and more than 2,725 business turboprops, a modest increase in the market according to the Aviation Week Network’s Fleet & MRO Forecast. The business jet forecast for 2020 to 2029 is down somewhat from the 10-year outlook released last year, reflecting the most recent slowing of the market, the anticipation of an upcoming decline in the U.S. and world economies along with ongoing trade disputes, which could impact the industry, said Brian Kough, Aviation Week Senior Director of Forecasts and Aerospace Insights. The business aviation sales market in 2019 began well, but has since flattened, Kough said. According to initial evidence from Aircraft Bluebook ongoing research, used aircraft trades during the second half of the year have slowed as well...

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Molly McMillin | The Weekly of Business Aviation

Business aircraft manufacturers are typically tight-lipped about their next new aircraft and save product announcements for major aviation shows, such as the upcoming NBAA-BACE convention in Las Vegas in October, said analyst Brian Foley with Brian Foley Associates.

But “through deduction and observation, one can make a good guess as to what their next products could be,” Foley said. 

Here are Foley’s predictions: 

Gulfstream Aviation is likely motivated to build a successor to the aging G650ER flagship for two reasons, he said. First, Gulfstream has not historically allowed any competing product to have an edge for long. But Bombardier’s new Global 7500 “outshines”...

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Kirby Harrison | The Weekly of Business Aviation

It has been a decade since the FAA announced a requirement for aircraft automatic dependence surveillance broadcast (ADS-B).

The mandatory compliance date of Jan. 1, 2020, is now only about 100 days away, and the push is on for owners and operators to comply with the required aircraft upgrades. 

As of mid-September, 77% of U.S. business jets, or 11,305 aircraft, were compliant with ADS-B, Duncan Aviation Satellite Operations Manager Matt Nelson said. That leaves 3,384 not yet in compliance. At the current compliance rate, at least 1,600 aircraft will not be compliant by the deadline...

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Molly McMillin | The Weekly Of Business Aviation

Business aviation flight activity in North America posted an 0.6% decline in August compared to a year ago, with decreases in turboprop and large jet activity but increases in light jet and midsize jet activity, according to Argus International’s TraqPak report.  Light jet activity grew 1.9% year-over-year in August, while midsize jet activity rose 1.8%. Meanwhile, turboprop activity declined 3.8% and...

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