Rolls-Royce, the United Kingdom-based manufacturer of aircraft engines, has announced that it is planning to reduce its global workforce by up to 2,000 “to cope with the global downturn and delays to the Boeing 787 and the Airbus A380.”
Despite economic uncertainty in the United States and some other parts of the world, it has been forecast that the worldwide market for business jets will continue to grow over the next 10 years, accounting for $300 billion in sales.

Eclipse Aviation, manufacturer of the world’s first very light jet (VLJ), has announced that the supervisory board of the Russian State Bank Vnesheconombank (VEB) has approved the construction of a factory in Ulyanovsk in Russia to assemble the Eclipse 500 jet.
Fuji Heavy Industries has delayed the development of its new business jet, the Subaru Jet, for a few years.
ICON Aircraft revealed the ICON A5 amphibious personal sport plane at the AirVenture 2008 event at Oshkosh, Wisconsin. The full-scale test prototype of the ICON A5 was displayed at the event.
Eclipse Aviation, manufacturer of the world’s first very light jet (VLJ), has announced that it will start taking orders for the Eclipse 400 single-engine jet, a production version of the Eclipse Concept Jet first exhibited at the EAA AirVenture 2007.
China has opened an aviation company, backed by the government, to manufacture large commercial jets.