Tomorrow afternoon Van Nuys Airport is holding a public meeting in Van Nuys, Calif., concerning the environmental impact report associated with the airport’s plan to draft an ordinance that would phase out aircraft that generate 77 dBA or more on takeoff. The seven-year phase-out would begin on January 1, with the 77-dBA limit taking effect on Jan. 12, 2016, with exemptions for some military, police, fire, search-and-rescue, medical emergency, maintenance-related and historic-aircraft operations. Van Nuys is one of the busiest general aviation airports in the world, averaging some 400,000 movements a year, and its 700 acres are home to more than 100 businesses. Owned by the city of Los Angeles, the airport says it contributes $1.3 billion to the Southern California economy.
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Aviation Finance
Monday 01. of December 2008 Lenders and borrowers are charting a cautious course through the roiling economy |
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Center Capital: financing options still available
Wednesday 08. of October 2008 More than half of Greg Renna’s customers have asked him if Center Capital Corp. is “still giving out money.” “Our response is that we’re still... |
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Finding Money To Buy That Jet Getting Harder
Wednesday 08. of October 2008 Business aircraft buyers can expect loans to be harder to find and more costly, according to Adam Warner, president of Key Equipment Finance,... |
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With court reprieve, Grob staves off bankruptcy
Wednesday 01. of October 2008 Grob Aerospace CEO Niall Olver has been given more time to secure fresh investors for the insolvent German manufacturer of the SPn light... |
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Loan Repayment Becomes More Challenging
Wednesday 01. of October 2008 The specter of aircraft repossessions is starting to loom larger over the business aviation community as more owners struggle to repay loans,... |
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