Aerion appeared to have a lot of momentum with seasoned veterans, strong suppliers, and a headquarters site but was unable to convince financial markets.
- May 24, 2021, 1:24 PM
As supersonic aircraft designer Aerion ceased operations over a lack of available funding, GE Aviation has confirmed that it has discontinued development work on the twin-shaft, medium-bypass Affinity engine that was to have powered the Mach 1.4 Aerion AS2 business jet. GE Aviation also noted that it is redeploying its Affinity team to other programs.
The engine-maker announced plans in October 2018 to move forward with the Affinity for the AS2, saying it would be designed using a “proven engine core adapted from GE’s commercial airline portfolio” with the latest technology full authority digital engine control, an advanced twin-fan, durable combustor, and advanced acoustic technology that would meet or exceed regulatory requirements.
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Credit: Gulfstream
Business aircraft manufacturers continue to invest in new products, with about a dozen new or upgraded business aircraft in development from supersonic aircraft to business jets and turboprops, despite a year marked by the effects of a global pandemic.
OEMs’ investment is “what brings customers to the table and they know it. It’s a very competitive space. And it is great news for the customer if you think of it. When has there been a greater time to be a customer? There’s so much choice,” says Rolland Vincent, head of Rolland Vincent Associates, a Plano, Texas-based market research and analysis firm. “I like our position as an industry; we’re snapping right out of this COVID slump.”
2021 JETNET iQ Summit Advocacy Speakers to Discuss Industry Future
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JETNET has announced their 2021 JETNET iQ Global Business Aviation Summit advocacy speakers. The panel discussions will take place in person at the 10th JETNET iQ Summit September 15-16th, 2021 at TWA Hotel at JFK Airport.
“We look forward to a very engaging and open dialogue with attendees, and especially doing so in-person. Away from the fatigue of computer meetings, the Summit will provide a refreshing reset for essential, straightforward industry discussion.” UTICA, N.Y. (PRWEB) May 13, 2021 JETNET, the leading provider of corporate aviation information, has announced their 2021 JETNET iQ Global Business Aviation Summit advocacy speakers. The Summit brings together some of business aviation’s top leaders to discuss ideas that will guide the future of the industry. The panel discussions will take place in person at the 10th
JETNET iQ Summit Returns as an In-Person Meeting for the 10th Year With a New Venue
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JETNET has announced their 2021 JETNET iQ Global Business Aviation Summit. The 10th summit sees the return of business aviation’s leaders meeting together in person for the first time since the onset of COVID-19, and will be held September 15-16th, 2021 at TWA Hotel at JFK Airport.
“Never has it been so important for those who utilize, and rely on, business aircraft,” said Cardarelli, “to come together and convey their needs and expectations for the future of our industry.” UTICA, N.Y. (PRWEB)