Otto Aviation, which is developing a new business jet, the Phantom 3500, plans to establish a manufacturing and production facility at Cecil Airport (KVQQ) in Jacksonville, Florida.
Business Aviation
Thinking about buying a bizjet?
Duncan Aviation has published a free ebook, “Straight Talk About Navigating A Private jet Acquisition or Sale.”
Ohio association offers $5,000 scholarship
The Ohio Regional Business Aviation Association (ORBAA) is awarding up to a $5,000 scholarship to students working towards a career in Business Aviation. Applications are due by March 31, 2024.
New guide on reducing runway excursions unveiled
While specifically targeted to business aviation pilots, the new guide from the National Business Aviation Association has a lot of useful information for all general aviation pilots.
NBAA launches new scholarship
The Steve Brown Leadership Scholarship was created to support students interested in a career in business aviation who are currently enrolled in programs to achieve this goal. Two $1,500 scholarships will be given out annually.
Pandemic boosts biz jet sales
“The business aviation industry is greatly benefitting from a wave of first-time users and buyers due in part to changing habits brought on by the COVID-19 pandemic,” said Honeywell officials. “We expect high levels of demand and expenditures for new aircraft for several more years.”
New chart symbols aim to increase situational awareness about airport hotspots
Since 2017, the FAA has recorded more than 1,300 incidents of an aircraft landing on the wrong runway, a taxiway, or at the wrong airport. More than 80% of those incidents involved general aviation aircraft, FAA officials report. Wrong surface departures are also a significant concern, with more than 275 incidents recorded over the past five years — 83% involving GA aircraft.
Coleman Jet Solutions launches
Started by business aviation industry veteran Dave Coleman, the boutique aircraft transaction firm provides technical, regulatory and financial advisory services to those looking to buy an airplane.
Things are looking up for business aviation post-pandemic
“Despite the ongoing challenges presented by the pandemic, flight hours have recovered and grown beyond pre-pandemic levels. The overall health of the business jet market is strong, and growth is expected to continue.”