Your essential weekly digest of International Business and Private Aviation Industry news
 Kinston, North Carolina:flyExclusive strengthens operations with Volato acquisitionStructured transaction delivers immediate aviation value and secures future growth assets.Private jet charter and fractional ownership company, flyExclusive, Inc., has entered into a structured agreement with Volato Group, Inc. to acquire Volato’s aircraft sales division, expected to generate $6-8m in profit in fourth quarter 2025, for $2.1m in stock. The agreement also grants flyExclusive the right to acquire additional high-growth technology platforms, including Vaunt, a luxury experiential travel app providing access to private jet empty legs, and Mission Control, a cutting edge flight management private aviation operation software. “We entered into our original agreement with Volato to provide a unique solution to Volato’s customers while maintaining an option to acquire the entire company. That, however, would have meant assuming debt and obligations that didn’t align with our transformation and growth strategy,” said Jim Segrave, Chairman and CEO of flyExclusive. “This structured transaction delivers far greater value, at an attractive multiple on our invested capital, plus the ability for flyExclusive to expand our services in the software sector by bringing exciting high growth technology platforms in Vaunt and Mission Control fully under our control.
Los Angeles:IADA releases Current Market Portrait & ForecastThe International Aircraft Dealers Association (IADA) has released its comprehensive Current Market Portrait & Forecast, offering a detailed assessment of global business aircraft conditions as of September 2025 and a forward-looking view through September 2026. The report reflects a healthier, more orderly preowned market than the post-pandemic spike, with normalized inventory levels, rationalized pricing, and demand underpinned by resilient corporate travel and wealth creation in North America, the Middle East, and parts of Asia. Large-cabin jets are regaining momentum, with Jetcraft’s five-year outlook projecting more than 11,200 preowned transactions totaling nearly $74bn. On the new aircraft side, robust OEM orderbooks continue to shape the preowned sector, even as supply-chain and labor constraints moderate delivery tempo. Policy developments have also reshaped the landscape in 2025. The reinstated and permanent 100% bonus depreciation in the US is accelerating demand for both new and preowned aircraft, particularly heading into year-end. Meanwhile, the late-July US–EU agreement preserved tariff-free flows for aircraft, engines, and parts, ensuring stability across trans-Atlantic markets. The report provides regional snapshots across North America, Europe, the Middle East, Africa, Asia, and South America, detailing the effects of tariffs, financing trends, supply-chain friction, and MRO capacity. |
In Week 40 (29 September-5 October), global bizjet activity reached 75,651 departures, down 5% compared to the prior week (Week 39) but up 5% versus Week 40 of 2024. On a rolling last four-week basis (W37 – W40), global business jets have accumulated 314,000 departures, an 8% increase compared to the same period last year.The streak continues: 24 consecutive weeks of year-on-year growth. Out of the 40 weeks so far in 2025, 37 posted gains, with the biggest surge of 13% in Week 37, and the largest decline just 3% in Week 16. Q3 2025 shattered records with over 1 million departures, it became WINGX’s busiest quarter ever, up 6.6% from Q3 2024 and a massive 33% above Q3 2019’s 750,000 flights. Fractional operators fueled the boom, surging 12% in Q3. All top 10 fractional providers grew year-on-year, while NetJets commanded 57% of fractional traffic with 14% growth.
Jimmy Dugan, played by Tom Hanks in the classic movie 'A League of Their Own', famously quoted, “It's supposed to be hard. If it were easy, everyone would do it.” The statement emphasizes that the difficulty of a task is what gives it value. It separates those who are truly dedicated from the rest.
As we near the end of our 5G air-to-ground (ATG) journey, we have a clear understanding of what he meant. Innovation isn’t easy, yet Gogo has demonstrated its commitment to improving and updating it air-to-ground connectivity service over the contiguous United States since launch in 2008.
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Why EASA’s task-to-tool model is changing pilot trainingBy Vytautas Ledakas, Chief Simulator Training Officer at BAA Training. |
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For decades, the full flight simulator (FFS) has been the centerpiece of pilot training. From take-off emergencies to low-visibility landings, it is still considered the gold standard - sometimes even the only standard.
But with its recent update to the task-to-tool model, the European Union Aviation Safety Agency (EASA) has proposed a change: training tasks no longer must be tied to the most advanced simulator by default, but to the one best suited for the task
The EASA task-to-tool model explained
Azerbaijan:
Silk Way AFEZCO and ExecuJet partner on Alat International Airport FBO development and Gulfstream G500 management
Silk Way AFEZCO, part of the Silk Way Group, has announced a partnership with ExecuJet, part of the Luxaviation Group, one of the world’s largest business aircraft and helicopter operators that brings together two major developments for the future of business aviation in Azerbaijan.
Silk Way AFEZCO and ExecuJet will jointly develop a next-generation FBO at the new Alat International Airport, strategically located south of Baku.
Jawad Dbila, CEO of Silk Way AFEZCO (left) with Patrick Hansen, CEO of Luxaviation Group.
In parallel, both parties have signed an Aircraft Management Agreement for Silk Way AFEZCO new Gulfstream G500, marking Luxaviation Group’s entry into the Azerbaijani market with the management of the country’s first aircraft of this type.
The collaboration also includes a Memorandum of Understanding (MoU) to establish a joint venture at the Alat Free Economic Zone (AFEZ). The venture aims to create a comprehensive aviation services hub, reinforcing Azerbaijan’s position as a strategic gateway between Europe, Asia and the Middle East.
Patrick Hansen, CEO of Luxaviation Group, comments: “This is a milestone partnership for Luxaviation and ExecuJet as we expand into Azerbaijan market.
"By combining Silk Way AFEZCO strong regional expertise with our global experience in premium FBO and aircraft management services, we are setting new benchmarks for quality, efficiency, and customer hospitality in the Caspian region.”
Scandinavia:
FL Technics expands line maintenance network with fourteen new stations across Scandinavia
Global MRO solutions provider, FL Technics - part of Avia Solutions Group - has significantly expanded its presence in Northern Europe by opening fourteen new line maintenance stations across Scandinavia.
In just six months, the company has established a wide network of stations that are fully ready to serve airlines across the region.
The strategic expansion strengthens FL Technics’ capability to provide high-quality, reliable and timely line maintenance support to airlines operating across Northern Europe. This ensures proximity to key aviation hubs and enhances turnaround times for clients.
Zurich, Switzerland:
Luxaviation Belgium joins CELESTE platform through Azzera partnership
Integration set to streamline compliance and drive climate-positive operations.
Azzera has confirmed that Luxaviation Belgium is taking a major step forward in its sustainability strategy by integrating Azzera’s CELESTE platform with its flight scheduling software.
Optimizing an API (Application Programming Interface) technology, the seamless connection transforms flight and fuel data into real-time emissions insights, enabling Luxaviation Belgium to give passengers the option to select sustainable aviation fuel (SAF) and carbon credits, and for the operator to deliver measurable climate action without added operational complexity.
The API is already live, with CELESTE’s ReFuelEU dashboard supporting compliance and delivering operational value within Luxaviation’s Go-to-Zero journey.
Patrick Hansen, CEO of Luxaviation Group, says: “Sustainability is a cornerstone of Luxaviation’s strategy. Our partnership with Azzera gives our clients transparent and credible solutions to reduce their environmental footprint. With CELESTE, we can align with key regulatory frameworks, strengthen our SAF offering, and provide tangible options across the Group.”
Palma de Mallorca, Spain:
SR Technics Spain marks 30 years of successful operations
This year, SR Technics Spain SAU marks 30 years of successful operations in Spain.
As part of the global network of SR Technics, a leading Swiss provider of MRO services in the civil aviation industry, the company hosted an anniversary celebration at Purobeach Illetas, Calvià (Mallorca).
The event gathered all local employees and welcomed Owen McClave, CEO of SR Technics, along with the senior leadership team, and partners, demonstrating their strong support for the company’s continued growth in the Spanish market.
“This milestone is not only a celebration of three decades of dedication and expertise, but also a recognition of the trust that our customers place in SR Technics," he said. "Our presence in Spain plays an important role within the group, and we are committed to supporting its continued growth in the years ahead.”
SR Technics Spain Senior Leadership Team | click for larger format.
“Reaching 30 years is the result of the dedication and commitment of our people. Our journey from a small team in 1995 to an organization of more than 90 employees today demonstrates what can be achieved with innovation, passion, and a strong customer
focus," said Antonio Colella, General Manager of SR Technics Spain SAU.
"We look forward to further expanding our capabilities and strengthening our presence in Spain and beyond.”
Singapore:
Research highlights expanding role of business aviation in Asia’s corporate and humanitarian sectors
A new study commissioned by Airbus Corporate Jets (ACJ) reveals that corporate aviation is playing an increasingly strategic role for Asian based businesses.
The report finds that the majority of organizations in Asia that already use business aviation are using it more to support their operational efficiency, which includes providing access to a broader group of employees.
Many also use their business aircraft to support humanitarian causes.
The research was conducted amongst senior professionals based in China, Hong Kong and Singapore, comprising 34 senior executives at some of the largest corporations in Asia and 33 Asian based family offices, hedge funds and private equity firms with a combined AUM of US$141bn.
The research reveals that 63% of their overall business air travel is now conducted via business aviation for the senior executives surveyed at Asian corporations. The corresponding figures for the private equity and hedge fund managers, and family offices surveyed are 69% and 69% respectively.
The findings indicate that business aviation is delivering substantial time savings made on journeys compared with using commercial airlines. Almost all (94%) Asian organizations surveyed estimate that they save between two and three hours when using a business aircraft rather than a commercial flight; and a further 5% say they save three hours or more.
More than seven in ten (72%) also state that 25% or more of the business routes they make using corporate aircraft are not served by commercial flights.
NBAA-BACE 2025:
Textron Aviation returns to NBAA-BACE 2025 with four of its industry-leading Cessna Citation business jets
Textron Aviation will showcase industry-leading Cessna Citation business jets - including the debut of the Cessna Citation Ascend at the 2025 National Business Aviation Association Business Aviation Convention and Exhibition (NBAA-BACE) in Las Vegas October 14th–16th.
The company will also feature its global customer support capabilities and the monumental Special Olympics Airlift event during the show. Attendees can experience the newly FAA qualified Veris Full Flight Simulator in the TRU Simulation booth at the hall.
Static Display
The company will feature four aircraft and one mockup at its static display, AC_08, October 14th–15th at Henderson Executive Airport.
Otto Aerospace secures record-breaking 300 aircraft deal with Flexjet
RAKTA, Joby and Skyports partner to launch air taxi service in Ras Al Khaimah by 2027
Gulfstream introduces the all-new G300
Beechcraft King Air turboprops transform emergency response in Peru
Gogo Plane Simple Ka-band terminal certified for Dassault Falcon 7X and 8X models
Soon you can fly the XB-1
Starting December 8th, aviation enthusiasts can experience supersonic flight with Boom’s XB-1 demonstrator aircraft.
This groundbreaking plane, designed to break the sound barrier, is now coming to Microsoft Flight Simulator, the world’s most advanced consumer flight simulator. For the first time ever, the simulator is also available on PlayStation, giving even more people the chance to explore the thrill of supersonic travel from home.
With XB-1 in the simulator, you can step into the cockpit and experience what it’s like to pilot America’s first civil supersonic jet. Follow air traffic control instructions, taxi and take off from Mojave Air and Space Port, and push the throttle to reach incredible Mach speeds. The simulation captures every detail, from the roar of the engines to the sensation of flying faster than sound.
Whether you’re a seasoned flight sim pilot or a newcomer, XB-1 offers an unmatched opportunity to feel the excitement of supersonic flight without leaving your living room. This release brings a historic era of aviation to life digitally, allowing anyone to experience the future of fast travel today. Prepare to soar beyond the limits of conventional flight and see what it truly means to fly supersonic.
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