Displaying 1 - 15 of 468 stories.
Monday, January 19, 2009
Swan Song
Very Light Jets have been on the leading edge of the current financial crisis with most newly minted manufacturers and commercial operations being the first to experience the constipation in the credit markets. Financiers began abandoning the market in droves as early as August 2007 at a time when some where... [read more]
January 19, 2009
And Then There Was One
That is the number of bidders for Eclipse, prompting the bankruptcy court to cancel last week’s auction for the Eclipse Aviation assets, in favor of the planned takeover by ETIRC. The sale must still be approved by the bankruptcy court which had...
January 19, 2009
New Low-Cost Technology for Runway Incursions
The first contract to install and test a low-cost ground surveillance system that would improve runway safety at small to medium-sized airports was awarded to Thales ATM by the Federal Aviation Administration (FAA). “Sometimes the simplest ideas are the...
January 19, 2009
House Includes Aviation Spending in Stimulus Package
It is little wonder that aviation groups differed on their take of the House stimulus package with Air Transport Association expressing disappointment and the American Association of Airport Executives applauding the bill which was $500 million short of the...
January 19, 2009
New Law Yields Savings for Aircraft Owners
A new West Virginia law, which drops property tax obligations up to 95 percent, will probably be attracting a lot of aircraft owners. The tax code enacted in 2008 assesses corporate, commercial and other business aircraft at the lower of fair market salvage...
January 19, 2009
Cessna Cuts Workforce
Cessna is cutting an additional 2,000 workers from its 12,000 employee corps in order to ensure its long-term stability, according to the company, which plans to offer a voluntary layoff program. This is the second round of cuts after last month’s...
January 19, 2009
Great Lakes Expo Sold Out
The Great Lakes Aviation Conference has sold out the majority of exhibit space for this year’s event scheduled for in Novi, Mich. “Despite the current economy, many companies and exhibitors are trying to reach the individual pilot, maintenance...
January 19, 2009
NBAA Responds to TARP Revision
An amendment to the Troubled Assets Relief Program (TARP) introduced over a week ago bans the use of business aircraft by companies tapping into the program, according to the National Business Aircraft Association. The unintended consequences of the...
January 12, 2009
Commentary: Business Jets Need Better Defense Tactics
In the wake of the public relations fiasco brought to us by the automakers and the delayed reaction of the industry to defend business jets, it now seems that those taking delivery of new business jets will have to mount public relations campaigns of their...
January 12, 2009
New Fuel Tool from NATA
A new fuel research and optimization program that complements flight planning software is the result of a deal cut between the National Air Transportation Association (NATA) and Scheduling Sidecar Inc. (SSC). The program works with an operator’s...
January 12, 2009
Industry Audit Standard Testing Completed
A significant milestone in full industry-wide deployment of the Air Charter Safety Foundation (ACSF) Industry Audit Standard was reached last month when two air charter operators and a shared ownership operator were included in a beta test of the audit...
January 12, 2009
ACSF Schedule Safety Symposium
The Air Charter Safety Foundation scheduled its second annual safety symposium for March 3-4 at the NTSB Training Center in Ashburn, VA, just west of Washington, DC. Participants will learn about the • Current safety record of the air charter industry...
January 12, 2009
Eclipse Auction This Week
Wednesday will tell if Eclipse Chair Roel Pieper will win ownership of Eclipse at an auction as planned as part of Eclipse’s bankruptcy reorganization or whether a rumored dark horse will trump him. His...
January 12, 2009
Embraer Certifies New Distribution Center
In a partnership with UPS Supply Chain Solutions, Embrear certified its new U.S. distribution center in Louisville just before Christmas. The facility, operated by the UPS division, was certified by the Brazilian Civil Aviation Agency (Agência Nacional...
January 12, 2009
Lead Customer Takes First Phenom 100
Two days after the Embraer Phenom 100 received its Federal Aviation Administration type certificate, it delivered its first production jet to lead customers James and Elizabeth Frost, of Houston, Tex., who took delivery in São José dos Campos...
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