Embraer Bizjet Shipments Climb 18% in First Half of 2024
Embraer’s executive aviation division improved on its first-quarter deliveries, handing over 27 Phenoms and Praetors in the second quarter of the year for a total of 45 business jets in the first half of 2024. That represents a more than 18% increase over the first half of 2023. While first-half shipments of Phenom 100 light […]
Rolls-Royce Reports Progress with Pearl 10X Engine
The Pearl 10X turbofan Rolls-Royce is developing for the Dassault Falcon 10X business jet has logged more than 2,500 flight hours and 7,700 cycles on the UK aircraft engine manufacturer’s Boeing 747 testbed. In a media briefing ahead of the 2024 Farnborough International Airshow this week, Rolls-Royce business aviation director Dirk Geisinger said the 18,000-pound-thrust […]
Textron posts quarterly profit beat on business jet, helicopter demand.
Textron (TXT.N),beat Wall Street estimates for second-quarter profit on Thursday, on higher demand across its businesses that make private jets and military helicopters. Private jet makers have gained from robust demand for aircraft since the pandemic, as the wealthy switched to private flying. Revenue at Textron Aviation, its most profitable business, rose 8% to $1.48 billion […]