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VERY LIGHT JET REPORT :: NOVEMBER 10, 2008

Linear Closes New Round of Financing, Launches Management Program

At a time when most aviation companies are finding financing harder to come by, Linear Air closed a $1.3 million financing deal which includes new capital and debt. “This new financing was pivotal for us to maintain market leadership during the current economic environment,” says President and... [read more]


Miwok Sets January for Launch
Miwok Airways, which is changing its name to FlyMiwok to reflect its unique business model and enhance brand consistency, said revenue flights for its new air taxi service, using Cirrus aircraft will launch January 15. Serving the Southern California market, FlyMiwok said the first of its Cirrus SR-22...


FAA Passes Milestone, Users Want More
At a time when air taxi and general aviation operators have more WAAS approaches as number one on their wish lists, the Federal Aviation Administration said it passed a key milestone in its ground to satellite transition, having published 1,333 Localizer Performance with Vertical guidance (LPV) approach...


Foundation Updates Progress of Runway Safety Initiative
The importance of reducing the risk of runway excursion accidents was highlighted at the Flight Safety Foundation (FSF) 61st International Air Safety Symposium in Honolulu last Thursday. More than 300 attendees heard FSF Foundation Fellow Dr. Earl Weener describe the progress of the Runway Safety...


Sound Bites
Eclipse AWOL at AOPA Despite assurances that it is getting the company back on track, Eclipse Aviation abruptly cancelled its appearance at the Aircraft Owners and Pilots Association...


Biggin Hill Gets M.E. Operator
In the continuing fight between London-area executive airports, Biggin Hill gained a new client last week when Rizon, the Bahrain-based executive jet company chose the airport for its London base connecting it to the key Gulf markets. In addition, to the investment in an MRO and charter program, Rizon plans...




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