On March 26 an NBAA and NATA working group met with Internal Revenue Service (IRS) officials to discuss the Federal Excise Tax (FET) issue. IRS auditors are applying the FET to management fees and expenses paid by Part 91 (non-commercial) operators to management companies.
AINalerts » April 4, 2013
In the first quarter of this year, seven people died in two fatal accidents involving U.S.-registered private business jets compared with 14 fatalities in three private business jet accidents in the first quarter of last year, according to preliminary data gathered by AIN. The two fatal U.S. business jet accidents in the first quarter involved privately operated Beechcraft Premiers.
Aircraft charter demand in North America and Europe is up significantly this month from both a year and a month ago, according to the latest data from online charter portal Avinode.
Eurocopter says it has made significant progress in solving the main gearbox issue that has blighted the EC225 medium twin since last May, reporting that a third test campaign at its headquarters in Marignane, France “is establishing” the cause of crack initiation.
Eurocopter attributes the issue to “a combination of factors” leading to a degradation of the vertical shaft’s fatigue resistance. The helicopter manufacturer has excluded any “abnormal dynamic overload.” Failure of the bevel gear shaft causes a loss of lubrication.
J.P. Morgan Aerospace & Defense’s April Business Jet Monthly report sees “little evidence that new jet demand is gathering momentum” and “we are not expecting a particularly strong Q1.”
Factors contributing to the lack of demand include elevated inventory of younger jets, prices of used jets still declining and flight ops that are “barely growing in the U.S. and shrinking in Europe.”
Embraer’s first Phenom 300 twinjet manufactured in the U.S. and delivered to a buyer left the company’s Melbourne, Fla. facility on March 29. The identity of the jet’s buyer was not disclosed. “This is a major milestone for Embraer Executive Jets and proves the maturity of our assembly facilities,” said Phil Krull, managing director of Melbourne assembly for Embraer Executive Jets. “We have quickened the manufacturing pace and will be able to accommodate a more demanding schedule.”
Hilton Software’s WingX Pro7 iPad app can now share flight plans between devices without an Internet connection. The FlightShare function allows any device running WingX Pro7 to send a flight plan and other information to another device on the same network, but now the sharing can be done via portable ADS-B receivers and AHRS devices. WingX Pro7 is now compatible with the iLevil ADS-B receiver/AHRS device, the Zaon MX1090 ADS-B traffic receiver, Sagetech’s Clarity ADS-B receivers and AHRS devices and Skyguard’s TWX ADS-B receivers.
Signature Flight Support launched its sixth Signature TechnicAir yesterday, at Washington Dulles International Airport, and announced the certification of its newest facility as an Embraer authorized service center for the full line of Embraer business jets. Signature Flight Support recently purchased the assets of Sun Aircraft Services, which was a long-term MRO provider and tenant at Signature’s Dulles location before the acquisition.
Congressman Sam Johnson (R-Texas) received the National Association of Manufacturers (NAM) Award for Manufacturing Legislative Excellence on March 26. The award is given to recognize members of Congress for their “votes on key manufacturing legislation identified by the NAM in the 112th Congress.” Bombardier and its Flexjet subsidiary hosted the event. “What happens in Washington matters to businesses such as ours and regions such as this one,” said Flexjet president Deanna White.
At the Aircraft Electronics Association convention held last week in Las Vegas, Ric Peri, AEA vice president of government and industry affairs, clarified new FAA rules governing avionics database updates during a regulatory training session. The new rules allow pilots to update databases, provided no tools are needed. Because the previous requirement was part of preventive maintenance but was removed from 14 CFR Part 43, “no records are required,” Peri said.