Business Aviation

Prototype reached 41,000 feet during its nearly two-hour first flight from Wichita.

About half of the segment’s employees have less than five years of experience as jet deliveries lag year-earlier levels.

The milestone aircraft went to Ferrari Vice Chairman Piero Ferrari.

Atlantic Aviation and Signature Flight Support received new 20-year agreements covering their FBO facilities.

The updated light jet adds automated emergency landing, new flight controls and increased payload capacity.

Production leveling and higher executive jet shipments helped drive the quarterly total.

The 2-hour, 30-minute flight marks the start of the aircraft’s flight test program.

The move is expected to expand general aviation and business aviation capacity in Oshkosh.

The G700 has also logged its 100th city-pair speed record.

Company says first flight remains planned for 2027.