The business jet industry expects to experience strong growth in the short to medium term, supported by several new airplane models coming to market and an improved used-aircraft environment, according to Honeywell’s (NYSE: HON) 27th annual Global Business Aviation Outlook. The latest release forecasts up to 7,700 new business-jet deliveries worth $251 billion from 2019 to 2028, up 1 to 2 percentage points from the 2017 10-year forecast.

StandardAero completes two major industry milestones, just in time to celebrate at the 2018 NBAA-BACE event held this year at the Orange County Convention Center in Orlando, FL. The company announces the completion of its 20,000th TFE731-turbofan-engine scheduled-maintenance event on October 2.

StandardAero, the world’s largest independent Pratt & Whitney Canada PT6A designated overhaul facility (DOF) with distribution rights, inducts the first five PT6A-68 engines at its Summerside facility on Prince Edward Island, Canada. 

FlightSafety International announces that David Davenport and Ray Johns will lead the company as co-CEOs. Davenport will also serve as president, Commercial, and Johns as president, Government and Manufacturing.

Elliott Aviation announces the delivery of its first 48-month inspection on a Challenger 604 at its headquarters in Moline, IL. The aircraft was also delivered with interior and avionics, on time and on budget. The company currently has another Challenger 604 in work for a 7,800-cycle inspection.

Comlux announces that Comlux Completion, its completion and service center based in Indianapolis, IN, has accomplished its 11th VIP interior outfitting on a BBJ aircraft for a private customer based in the Far East.

AAR (NYSE: AIR), a global leader in aviation services and integrated customer solutions, presents AIRVOLUTION™, a revolutionary, new, cloud-based solution for component repairs, at MRO Europe.

StandardAero signs a new, TFE731 turbofan-engine MRO-services partnership agreement with Aerocare Aviation Services Ltd. to support business aviation operators on the European continent. The partnership, which was inked at the 2018 NBAA-BACE event in Orlando, will strengthen the company’s already strong presence as the only TFE731 OEM-authorized heavy/overhaul maintenance provider in EMEAI.

Gogo Business Aviation (NASDAQ: GOGO) surpasses 5,000 systems activated across the AVANCE platform and its other ATG (air-to-ground) systems. Gogo has nearly 450 Gogo AVANCE systems flying on business aircraft, including AVANCE L5 and L3, which is the fastest adoption of connectivity systems across the broadest range of business aircraft models in the history of business aviation.

TRU Simulation + Training, a Textron Inc. (NYSE: TXT) company, and FlightSafety International enter into a letter of intent to form a joint venture to provide a training solution for Textron Aviation‘s broad product line of business and general aviation aircraft. TRU and FlightSafety will combine their assets and capabilities, including simulators, courseware and teams, to support their global customers’ training needs.