AINalerts » April 16, 2009

April 16, 2009 - 11:23am

Twenty-six-year-old New Jersey businessman Jared Isaacman, along with copilot Doug Demko, yesterday shattered the world record for an eastbound global circumnavigation in a light business jet, with a time of 61 hours, 51 minutes and 15 seconds, lopping 21 hours off the previous record set in 1991 by a UK pilot in a Cessna Citation II.

April 16, 2009 - 11:21am

Spectrum Aeronautical’s all-composite S.40 Freedom light jet is subject to a number of special conditions mandated by the FAA to achieve type certification. These conditions cover many flight and performance characteristics, as well as new requirements for lithium main, auxiliary and emergency batteries.

April 16, 2009 - 11:20am

The House Energy and Commerce Committee will hold hearings next week on the American Clean Energy and Security Act of 2009 (Aces), which revamps energy policy and addresses climate change.

April 16, 2009 - 11:17am

Hawker Beechcraft this morning reported $537.6 million in net sales in the first quarter, a decrease of $38.9 million from the year-ago time frame, but net after-tax income increased to $66.9 million, compared with a net after-tax loss of $31.3 million in the first three months of last year.

April 16, 2009 - 11:15am

Business aircraft flight activity last month increased nearly 8 percent over February, according to data from Cincinnati-based ARG/US. This marks the second month-over-month upward trend in recent flight data from ARG/US and further strengthens hope that this is indeed a solid recovery sign for the business aviation industry.

 

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