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December 11, 2018

Morgan Stanley Predicts $1.5 Trillion eVTOL Market By 2040

Releases 85-Page Report To Clients

A report released by Morgan Stanley to its clients predicts a $1.5 trillion worldwide market for eVTOL flying taxis and personal air vehicles by 2040.

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Airobotics Receives FAA BVLOS Waiver For U.S. Operations

Allows The Company To Initiate Flights Beyond Visual Line Of Sight

Automated drone startup Airobotics has become the first company in the United States to receive a Certificate of Waiver (CoW) from the FAA that combines three elements: flying Beyond Visual Line of Sight (BVLOS) for automated drone operations, over human beings, with a visual observer that is not required to keep a visual line of sight on the drone. This waiver permits Airobotics to operate from the company’s Remote Operations Center in Scottsdale, AZ.

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Jetex Now The Exclusive Dealer In The Middle East For Hi-Tech New HondaJet

Official Signing Ceremony Took Place December 9th In Dubai

Jetex is bringing the next-generation in advanced private jets to the Middle East after striking an agreement with Honda Aircraft Company to become the exclusive authorized dealer for the region. The deal means Jetex is now the manufacturer’s sole representative for the new HondaJet offering sales and support across the Gulf and Middle East region.

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Gulfstream G650ER Connects New York With Dubai In Record Time

Flagship Aircraft Shaves One Hour, 48 Minutes Off Previous Record In Impressive Range, Speed Demonstration

Gulfstream has announced that the ultralong-range Gulfstream G650ER has completed a record-breaking flight en route to the Middle East and North Africa Business Aviation Association (MEBAA) Show in Dubai. The aircraft bested the previous world speed record by one hour and 48 minutes.

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Boeing Launches Longest-Range Business Jet Ever ... The BBJ 777X

Also Announces New Order For Its Best-Selling BBJ MAX

Boeing Business Jets is launching the BBJ 777X, a new Boeing Business Jet model that can fly more than halfway around the world without stopping, farther than any business jet ever built.

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NATA Recognizes FAA Efforts to Combat Illegal Charter

Organization Launched An Illegal Charter Task Force Earlier This Year

The National Air Transportation Association (NATA) and its Illegal Charter Task Force (ICTF) welcomed news from the FAA that it is continuing its crackdown on those who conduct illegal for-hire charter operations. Last week, an FAA press release announced a proposed $624,000 penalty against a California company for allegedly conducting illegal passenger-carrying flights.

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Second Tecnam P2012 'Traveller' Assembly Completed

Will Be The 'Conforming Production Aircraft' For FAA, EASA Certification

Tecnam has finished assembly of the second P2012 Traveller aircraft. The arrival into service of the next-generation 11 seat P2012 Traveller is highly anticipated by airlines who have been demanding a replacement for the many hundreds of ‘heritage’ aeroplanes in the FAR23/CS23 category currently in service around the world.

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