The company will establish a facility at Florida’s Cecil Airport to build its Phantom 3500 business jet, employing 1,200 workers.

The company and consortium partners will undertake a £10.8m project to develop a system for powering a zero-emission aircraft.

Dozens of young business aviation leaders, hailing from all parts of the country, enthusiastically showcased the many ways business aviation supports citizens, companies and communities nationwide.

Vertical Aerospace and Bristow Group will help city leaders to launch services without building operational infrastructure from scratch.

Gulfstream Aerospace is at the sustainability forefront. In addition to designing increasingly efficient business jets – its current fleet features fuel-efficiency gains of up to 33% over previous models – the company has implemented a series of initiatives to lower the environmental impact of its business operations during the past decade.

The policy is intended to encourage aviation stakeholders to switch from traditional kerosene to more sustainable aviation fuels (SAF), which can cut emissions by 80% as compared to emissions from traditional fuels.