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October 14, 2014, 1:30 PM

Flexjet and Qatar Executive quickly lined up to be the launch customers for the new Gulfstream G500, which was revealed this morning alongside its larger G600 sibling during a ceremony at the aircraft manufacturer’s Savannah, Ga. headquarters. Qatar signed a memorandum of understanding today for up to 20 Gulfstreams, while Flexjet placed an order for 50 aircraft, including options.

October 14, 2014, 1:10 PM

We expect little change to the prevailing business jet narrative, which is that demand has stabilized but with only muted signs of recovery,” J.P. Morgan said in its latest monthly business jet report, released yesterday. “Business jet demand has not recovered with corporate profits, as it has previously. We estimate that 2013 U.S. corporate profits were up about 50 percent from the 2008 trough, whereas bizjet deliveries have yet to turn up decisively,”

October 14, 2014, 1:05 PM

Business aviation in Jordan continues to grow at a modest rate, according to new research commissioned by the Middle East and North Africa Business Aviation Association (MEBAA) ahead of the group’s conference today in the Jordanian capital. The research, conducted by Germany-based WingX Advance, showed that while there has been almost no growth in the number of active and registered business jets in Jordan since 2000, the number of operators in the country has increased at an annual rate of 2.7 percent.

October 14, 2014, 1:03 PM

A little more than a decade after former Mayor Richard Daley illegally destroyed Meigs Field lakefront airport, two new heliports are being constructed in Chicago less than two miles apart. Both are slated to open next summer.

October 14, 2014, 1:00 PM

Embraer delivered the first Legacy 500 on Friday, less than two months after the fly-by-wire midsize jet obtained certification from Brazilian civil aviation authority ANAC. The launch customer, an unidentified Brazilian company, accepted the aircraft during a ceremony at Embraer headquarters in São José dos Campos, Brazil.

October 14, 2014, 12:55 PM

NBAA’s two-day Tax, Regulatory and Risk-management Conference starts on Sunday in Orlando, Fla., ahead of the association’s annual convention there. On the conference agenda are sessions on ownership and operating structures, tax planning, financing, leasing, personal use of business aircraft, use policies and aircraft transactions. According to NBAA, the conference is geared for flight department personnel, aviation attorneys and financial advisors.

October 14, 2014, 12:50 PM

Garmin and Jeppesen today introduced the RNP AR NavData Service, a new tool for pilots who fly Required Navigation Performance–Authorization Required (RNP AR) procedures. Their RNP AR NavData Service automates the more than 350 data accuracy checks per procedure required by FAA Advisory Circular 90-101A.

October 14, 2014, 12:45 PM

Donated auction items are piling up for the NBAA/Corporate Angel Network Soirée, which will be held at the Hyatt Regency in Orlando, Fla., next Wednesday evening during the NBAA Convention.

October 14, 2014, 12:40 PM

Nextant Aerospace made the first UK delivery of its 400XTi remanufactured jet on October 13. The aircraft, which is the seventh to go to a European operator, will be flown by Norwich-based charter group SaxonAir. According to Nextant, the 400XTis operating in the European charter market are logging more than 80 to 90 hours per month each. “The 400XTi’s range allows our customers direct travel anywhere in Europe for considerably less than any other light jet and without sacrificing performance and comfort,” said SaxonAir commercial director Chris Mace.

October 14, 2014, 10:17 AM

Gulfstream Aerospace’s launch today of its new G500 and G600 large-cabin business jets was a well-kept secret, especially since the programs have been in the works for five years. During an event at its Savannah, Ga., headquarters, the company surprised guests by rolling out a prototype of the G500 under its own power.