Microsoft announced Microsoft Flight Simulator for Xbox One and Windows 10 during the Microsoft E3 2019 press conference. It will launch first for Windows 10 in 2020, followed by Xbox One at a later date.
Here is an overview of the game, via Microsoft:
Microsoft Flight Simulator is the next generation of one of the most beloved simulation franchises. From light planes to wide-body jets, fly highly detailed and stunning aircraft in an incredibly realistic world. Create your flight plan and fly anywhere on the planet. Enjoy flying day or night and face realistic, challenging weather conditions.
Microsoft Flight Simulator is specifically designed to celebrate flight simulation fans through a focus on the authenticity of flying and visually stunning environments. By revamping our tech, working in close collaboration with the community and pursuing the best partnerships across the industry, we intend to deliver the best-in-class flight simulation experience.