AINalerts » April 22, 2010

April 22, 2010 - 12:12pm

West Palm Beach, Fla.-based Greenjets said its shared-ride charter jet membership service has been growing quickly since it was launched a year ago. “Our business has been doubling or tripling every month,” company president Dean Rotchin told AIN.

April 22, 2010 - 12:04pm

The first geostationary satellite for India’s Gagan GPS space-based augmentation system (SBAS)–essentially similar to Waas–was lost on April 15 when its launch rocket’s second-stage cryogenic engine failed to ignite. That followed the early-April loss of Intelsat’s Galaxy 15 geosat, which was carrying the FAA’s Pacific Waas transponder. The satellite was slowly drifting out of orbit and could no longer provide usable GPS accuracy corrections.

April 22, 2010 - 11:40am

The FAA has approved two sets of special conditions for certification of Cirrus Aircraft’s Vision single-engine jet, an indication that the company has made efforts to pave the way for eventual FAA approval of the aircraft. According to the FAA, Cirrus applied for type certification of the Vision SF50 on Sept. 8, 2008. The special conditions cover mounting of the engine in the aft fuselage and the jet’s Fadec engine control system.

April 22, 2010 - 11:34am has added two new data points to its online information system for the medium through long-range business jet market.

April 22, 2010 - 11:33am

In an earnings conference call this morning, Textron released its first-quarter results and reported revenues of $2.2 billion, down 12.5 percent from the first quarter of last year, blamed largely on the lower deliveries of aircraft and the downsizing of the company’s non-captive finance business.

April 22, 2010 - 11:32am

Business aircraft grounded by ash from an Icelandic volcano were back flying in Europe's skies minutes after authorities lifted widespread airspace closures Tuesday night. Charter operators and brokers have reported an exceptional flurry of bookings as displaced passengers try to beat the airline backlogs to get home.


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