The most popular private jets of 2020 revealed

Gulfstream G450

Gulfstream bumped Bombardier as the most used large private jet in 2020 while holding onto the top spot in super long-range private jets, according to Argus TRAQPak

Textron Aviation’s Citation Excel/XLS, Mustang, and King Air 200 were the most flown aircraft in their respective categories

Gulfstream Aerospace had the most popular large cabin and super long-range private jets in 2020, according to just-released data from Argus TRAQPak.

At the same time, Textron Aviation saw three of its business aircraft take the top spot in three of the eight categories. Its Beechcraft King Air 200 was the most flown multi-engine turboprop. The Cessna Citation Mustang was the most popular very light jet. Its Citation Excel/XLS/XLS+ won the midsize private jet category.

Flexjet, Sentient parent acquires a helicopter operator

monochrome photo of flying helicopter

Directional Aviation’s OneSky Flight LLC has acquired Associated Aircraft Group AAG from Lockheed Martin

Directional Aviation’s OneSky Flight LLC unit has acquired Associated Aircraft Group from Lockheed Martin, a spokesperson for the company confirmed. The deal was first reported by Aviation International News yesterday.

Magellan Jets reports a 200% increase in jet card sales

Magellan Jets jet card

Boston-based jet card broker Magellan Jets says as jet card sales soared, the number of hours increased by 20%, although flight hours dropped 20%

Lot’s of buying. Less flying. Like other jet card sellers, Magellan Jets reports its 2020 had ups and downs. Behind a 200% spike in jet card sales and a 20% increase in jet card hours, flight hours were down 20%.

FET tax holiday extension for private jet flights unlikely

FET tax holiday

A top executive from the National Business Aviation Association says don’t expect the Federal Excise Tax holiday to be extended

Congressional leaders in Washington D.C. are still trying to work out additional relief for companies and individuals impacted by the COVID-19 pandemic. Don’t expect an extension of the holiday for the 7.5% Federal Excise Tax (FET).

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