Aerion this week at the Paris Air Show said it is nearing a decision on an aerospace manufacturing partner to lead the development and production of its supersonic business jet (SSBJ) design. According to the Reno, Nev.-based company, the next step is to carry out a pre-launch phase jointly with the OEM to confirm the Mach 1.6 jet’s performance, costs and market before formal launch in the third quarter of next year.
AINalerts » June 18, 2009
“Available business jet inventories look finally to be stabilizing,” UBS Investment Research noted in its recently released business jet update, though pre-owned inventory remains at record-high levels at 18 percent of the in-service fleet.
The gap between U.S. business aircraft flying activity this year versus last year continued to narrow last month, according to TraqPak data from ARG/US. While activity last month was down by 15.5 percent from the year-ago period compared, TraqPak data also indicates that May business aircraft activity increased 3.3 percent from the previous month.
The Department of Homeland Security’s Office of Inspector General released a report on “TSA’s Role in General Aviation Security” that concludes: “We determined that general aviation presents only limited and mostly hypothetical threats to security.” The report notes that while the TSA’s Office of Intelligence (OI) “has identified several organizations that have shown an interest in using GA to obtain flight training or to launch attacks…it has