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Embraer has introduced the new Praetor 500 midsize and Praetor 600 super-midsize business jets just before the start of the 2018 NBAA Convention, where they are on static display. The Praetor 500 plans to be the fastest midsize aircraft. With four passengers and NBAA IFR Reserves, the Praetor 600 will have an intercontinental range of 3,900 nautical miles while the Praetor 500 will offer 3,250 nautical miles. The Praetor jets are currently under development with two Praetor 600 prototypes in flight tests as well as one production-conforming aircraft, and one production-conforming Praetor 500 in its maturity campaign. The Praetor 600 is expected to be certified and enter service in the second quarter of 2019, followed by the Praetor 500 in the third quarter of 2019. The business jet industry

Flight Training Facility Expands Services To Include Twin Engine Aircraft

Bell Helicopter has announced a signature from Edic Horizon International Flight Academy to purchase two Bell 429 aircraft. Based at Al Ain International Airport, Edic Horizon International Flight Academy utilizes their fleet of entirely Bell aircraft to provide flight training to a variety of international students.

Transaction Valued At $250 Million

Jet Aviation has completed its acquisition of Hawker Pacific, a leading provider of Civil MRO, Fleet and FBO Services, and Aircraft Sales across Asia Pacific and the Middle East. The transaction is valued at $250 million.

Hydraulic Engine-Driven Pump And AC Motor Pump From Parker Aerospace Chosen As Supplier-Furnished Equipment For Emirates’ New 777X Fleet

Parker Aerospace, a business segment of Parker Hannifin Corporation has announced a pump call-out agreement with Emirates for its 777X aircraft. Emirates is the launch customer of the new Boeing aircraft with an order book of 150 777X, one of the single largest aircraft orders by value in the history of US commercial aviation. Parker will provide the hydraulic engine-driven pump and AC motor pump on the fleet of 777X wide-body airplanes.

Growth Forecast To Be 4.31 Percent During The Period

According to the new research report, now available on ASDReports, "Flight Inspection (FI) Market by Solution (System, & Services), End User (Commercial Airports, Defense Airports), Services Type (Commissioning, Routine, Special Inspection), System Type (Fixed, Mobile, Ground-based) and Region - Global Forecast to 2022", The Flight Inspection (FI) market is projected to grow from an estimated $4.51 billion in 2017 to $5.57 billion by 2022, at a CAGR (Compound Annual Growth Rate) of 4.31% during the forecast period.