Business Aviation
US-Bangla Airlines Orders 21 Boeing 737s in $1.5B Deal
US-Bangla Airlines finalizes a $1.5B lease for 21 Boeing 737 aircraft, with deliveries scheduled by end of 2027.

US-Bangla Airlines has finalized a $1.5 billion leasing agreement to acquire 21 Boeing 737 family aircraft, marking a major capacity expansion for the private aviation sector in Bangladesh ahead of the opening of Dhaka’s new airport terminal.
The carrier officially announced the fleet acquisition on July 29, 2026, during a dedicated event titled “Beyond with Boeing” at the Sheraton Hotel in Dhaka. All 21 aircraft are scheduled for delivery by the end of 2027. The expansion supports the airline’s broader strategy to launch a low-cost subsidiary and expand its international network across Asia and the Middle East.
Fleet expansion and strategic growth
The order consists of 15 Boeing 737-8 and six Boeing 737-800 aircraft. The acquisition represents one of the largest private aviation investments in the country’s history. US-Bangla Group Managing Director Mohammad Abdullah Al Mamun outlined the strategic intent behind the order during the event.
“This investment represents much more than fleet expansion. It reflects our long-term vision to transform US-Bangla from an airline into a fully integrated global aviation group,” Mamun said.
He noted the company is investing across multiple sectors, including technology, cargo, catering, and infrastructure. The airline recently disclosed plans to launch a separate low-cost carrier to serve different passenger segments, targeting 30 overseas destinations by 2027.
Infrastructure and workforce investments
Alongside the airframes, the agreement includes substantial workforce development initiatives. US-Bangla plans to send approximately 200 Bangladeshi pilots to the United States for advanced training and will train 100 certified aircraft maintenance engineers.
US Ambassador to Bangladesh Brent T. Christensen highlighted this aspect during the ceremony, calling the training program an investment in the next generation of aviation professionals. Christensen also noted the event highlighted the expanding economic relationship between the US and Bangladesh. Boeing Vice President of Sales and Marketing for Eurasia, India, and South Asia Paul Righi was also in attendance to represent the manufacturer.
National aviation capacity
The US-Bangla expansion coincides with broader infrastructure upgrades in Bangladesh. State Minister for Civil Aviation and Tourism M Rashiduzzaman Millat announced the government is formulating an Aviation Master Plan and establishing a pilot training academy in Bogura.
Millat confirmed the upcoming third terminal at Hazrat Shahjalal International Airport will significantly boost the region’s throughput. “Once the Third Terminal becomes operational, we will be able to handle 24 million passengers annually,” Millat stated.
National carrier Biman Bangladesh Airlines is concurrently expanding its fleet with an agreement for 14 new Boeing aircraft, signaling a nationwide push to capture regional market share.
AirPro News analysis
We note a slight discrepancy in the reported valuation of the US-Bangla fleet expansion. While the official July 29 announcement valued the leasing program at approximately $1.5 billion, earlier filings submitted to the Bangladesh Investment Development Authority (BIDA) in mid-July cited the investment at approximately $1.11 billion. Regardless of the final capitalized value, the concurrent Boeing orders from both US-Bangla and Biman Bangladesh Airlines signal a highly competitive phase for the country’s aviation sector. The influx of 35 new Boeing narrowbodies between the two carriers over the next 18 months will require rapid scaling of domestic maintenance and training infrastructure to support the projected capacity growth.
Sources: US-Bangla Airlines
Photo Credit: US-Bangla Airlines
Business Aviation
Piaggio Aerospace Marks 40 Years and 40 Avanti EVO Sales
Piaggio Aerospace celebrates the P.180 Avanti’s 40th anniversary and 40-plus Avanti EVO sales under Baykar ownership.

On September 22, 2026, Italian manufacturer Piaggio Aerospace announced a dual milestone, celebrating the 40th anniversary of the P.180 Avanti’s maiden flight alongside surpassing 40 sales of its latest Avanti EVO variant. The announcement marks a period of stabilization for the Villanova d’Albenga-based company following its 2025 acquisition by Turkish aerospace firm Baykar.
In a press release, Piaggio Aerospace, now operating as Baykar Piaggio Aerospace S.p.A., highlighted the enduring legacy of the twin-turboprop aircraft. The original P.180 Avanti first flew in September 1986. The company noted that the fundamental design has remained consistent, describing the longevity as a testament to the aerodynamic excellence of the original concept.
Production targets and recent sales
Piaggio Aerospace has set a target to reach an annual production rate of 30 aircraft over the coming years. This production goal follows a period of renewed investment and restructuring under Baykar, which formally acquired the company on June 30, 2025, ending nearly seven years of extraordinary administration.
The milestone announcement follows a September 18, 2026, confirmation that Piaggio sold two P.180 Avanti EVOs to an unnamed Turkish operator. The aircraft will augment the operator’s existing business jet and helicopter fleet.
Piaggio Aerospace Chief Executive Officer (CEO) Cristian Toninelli stated that the agreement represents an important step for the company and the P.180 Avanti EVO program.
“We are pleased to welcome another Turkish operator to the growing community of P.180 customers and to see continued interest in an aircraft that has demonstrated its value across a broad range of markets,” Toninelli said.
Fleet evolution and Baykar integration
The Avanti EVO, the third generation of the P.180 platform, saw its first customer delivery in 2015. Since then, the manufacturer has recorded more than 40 sales of the variant. The company is also developing a next-generation model, the Avanti NX. On April 23, 2026, Piaggio secured the first order for the Avanti NX from a European operator, featuring an executive cabin with stretcher modules for air ambulance missions.
Baykar has reportedly exceeded its initial first-year targets for Piaggio Aerospace. As of April 2026, the company retained approximately 675 employees, offsetting natural departures with new hires. The Turkish firm has injected capital to sustain operations, modernize the product line, and preserve the workforce at the Italian facility.
AirPro News analysis
We view the 40th anniversary of the P.180 Avanti as more than a ceremonial milestone for Piaggio Aerospace. It serves as a clear signal to the market that the manufacturer has stabilized after a protracted period of financial uncertainty. The transition out of extraordinary administration under Baykar’s ownership appears to have provided the necessary capital to not only sustain the Avanti EVO production line but also fund the development of the Avanti NX. Achieving the stated goal of 30 annual deliveries will require significant supply chain coordination, but the recent orders from European and Turkish operators indicate that demand for the unique pusher-turboprop design remains viable in specialized mission profiles.
Sources: Piaggio Aerospace
Photo Credit: Piaggio Aerospace
Business Aviation
Textron Aviation Delivers 500th Cessna Citation Latitude
Textron Aviation completed its 500th Citation Latitude on Sept. 22, 2026, marking a production milestone for the top-selling midsize business jet.

Textron Aviation Inc. completed the production of its 500th Cessna Citation Latitude business jet at its Wichita, Kansas, manufacturing facility on September 22, 2026, cementing the aircraft’s status as the highest-selling midsize business jet globally.
In a press release issued by the Textron Inc. subsidiary, the company highlighted the milestone as a reflection of sustained global demand for the nine-passenger platform. The Citation Latitude has maintained its market position by balancing short-field performance with transcontinental range and a spacious cabin environment.
Production Milestone and Workforce Recognition
The rollout of the 500th airframe underscores a steady production cadence for the midsize jet program. Textron Aviation executives attributed the program’s longevity and consistent delivery schedule to the manufacturing workforce based in Wichita.
Eric Cardinali, Senior Vice President of Manufacturing at Textron Aviation, stated that the milestone reflects the dedication of the employees building the aircraft.
The rollout of the 500th Citation Latitude is a testament to the employees who build this aircraft with dedication and pride every day. Behind every aircraft is a team committed to delivering the quality and craftsmanship our customers expect.
Lannie O’Bannion, Senior Vice President of Global Sales & Marketing, added that operators continue to select the aircraft for its versatility and value across various mission profiles.
Aircraft Specifications and Market Position
The Cessna Citation Latitude is designed to operate from shorter runways while providing midsize cabin comfort. The aircraft bridges the gap between light jets and super-midsize options, offering operators a balance of operating economics and passenger amenities.
Performance Metrics
According to company data, the Citation Latitude features a six-foot, flat-floor cabin and accommodates up to nine passengers. The aircraft requires a takeoff field length of 3,580 feet, enabling access to smaller regional airports that are often inaccessible to larger business jets. It offers a maximum cruise speed of 446 knots true airspeed and a four-passenger range of 2,700 nautical miles at high-speed cruise. The jet also supports a full-fuel payload capacity of 1,000 pounds.
Recent Corporate Momentum
The 500th Citation Latitude rollout follows a series of recent milestones and leadership transitions for the manufacturer. On August 17, 2026, Textron Aviation celebrated the delivery of its 500th Cessna Citation CJ4, marking a similar achievement for its light jet segment.
Shortly after, on August 24, 2026, the company appointed Brian Rohloff as the new President and Chief Executive Officer. The manufacturer also recently expanded its research and development portfolio, introducing the Cessna SkyCourier UX autonomous cargo concept aircraft in partnership with Merlin on September 14, 2026. The SkyCourier UX is designed for contested operational environments where traditional logistics routes are constrained.
AirPro News analysis
We view the 500th rollout of the Citation Latitude as a strong indicator of Textron Aviation’s dominance in the midsize business jet sector. Reaching 500 units is a significant threshold that demonstrates mature production capabilities and a highly stabilized supply chain. The consecutive 500th milestones for both the CJ4 and the Latitude within a five-week period highlight a robust delivery pipeline. As Brian Rohloff takes the helm as Chief Executive Officer, these established programs provide a solid revenue foundation while the company explores next-generation projects like the autonomous SkyCourier UX.
Sources: Textron Aviation
Photo Credit: Textron Aviation
Business Aviation
Jet Access Broker Alliance Surpasses 30 Affiliated Brokers
Jet Access Broker Alliance tops 30 brokers, boosted by veterans from Jets.com converting clients to its Reserve Card program.

The independent broker platform of Indianapolis-based Jet Access has surpassed 30 affiliated brokers, a milestone accelerated by the recent recruitment of approximately 10 high-producing professionals formerly associated with competitor Jets.com.
In a press release issued on September 9, 2026, Jet Access announced that the influx of established brokers is driving a compounding growth effect across its vertically integrated business. The new arrivals are transitioning their existing client bases into the Jet Access ecosystem, with many clients converting into Jet Access Reserve Card holders.
Infrastructure and client conversion
The Jet Access Broker Alliance, officially launched to the wider industry in September 2025 following an internal rollout, was designed to provide independent brokers with the resources of a national aviation company while allowing them to maintain their independent identities and client relationships.
Darryn Mackenzie, Executive Vice President of Jet Access Broker Alliance, noted that the platform’s infrastructure is the primary draw for established industry veterans seeking stability for their books of business.
“When experienced, high-producing brokers who’ve built successful careers in this industry choose our platform, that tells us we’re solving a real problem for brokers,” Mackenzie said. “They didn’t come here to learn the business. They came for a platform with more infrastructure behind it.”
Mackenzie emphasized that the milestone of 30 brokers is secondary to the resulting business momentum. The integration of new brokers directly fuels the company’s fixed-rate jet card program, as clients seek the predictability offered by the Reserve Card.
Vertical integration as a competitive advantage
The parent company employs over 400 aviation professionals and operates across multiple segments of the industry. The Jet Access portfolio includes aircraft management, on-demand charter, fixed-base operators (FBOs), maintenance, repair, and overhaul (MRO) facilities, and flight schools.
Quinn Ricker, CEO and Owner of Jet Access, stated that this comprehensive suite of services allows brokers to expand their offerings beyond standard charter flights and better serve high-net-worth clients.
“They see what a fully vertically integrated aviation business can bring to them and their clients: on-demand charter, jet cards, fractional and whole aircraft ownership, all in one suite of solutions,” Ricker said. “It transforms them from brokers into full aviation advisors.”
The company noted that a growing internal fleet provides brokers and their clients with reliable aircraft availability. This operational reliability serves as a self-reinforcing recruitment tool, attracting additional brokers to the platform.
AirPro News analysis
The rapid expansion of the Jet Access Broker Alliance highlights a broader shift in the private aviation brokerage sector. We are observing that independent brokers are increasingly prioritizing platforms that offer robust, vertically integrated infrastructure over traditional, standalone brokerage models. By providing access to guaranteed availability and fixed-rate products like the Reserve Card, Jet Access is effectively utilizing its operational assets as a recruitment mechanism. The migration of a significant block of brokers from Jets.com suggests that client retention tools and fleet reliability are becoming the primary battlegrounds for securing top-tier industry talent.
Sources: Jet Access Broker Alliance
Photo Credit: Jet Access Broker Alliance
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