The Embraer Legacy 650 will make its public debut at the seventh Latin American Business Aviation Conference & Exhibition (Labace), which starts on Thursday and ends Saturday at Congonhas Airport in São Paulo, Brazil. "We are satisfied with the Legacy 650 debuting at such an important business aviation event," said Embraer Executive Jets executive vice president Luís Carlos Affonso.
AINalerts » August 10, 2010
Each key FAA NextGen project has an individual "metric" to measure how its development is progressing. But as the Government Accountability Office (GAO) warned recently, the FAA doesn't use "lateral" metrics that would allow senior management to track the relative progress of separate projects that must eventually work together to make NextGen happen.
For the second quarter and first half of this year, fractional aircraft provider NetJets' revenues increased 16 percent and 17 percent, respectively, from a year ago, parent company Berkshire Hathaway said in its second-quarter results, released on Friday. These gains resulted from an increase in worldwide flight revenue hours, but were partially offset by lower management fees due to fewer aircraft in the NetJets program.
The pre-owned business jet market is improving, but demand for new jets is "elusive," according to a monthly business jet report released on Friday by J.P.Morgan.
The NTSB this morning dispatched a go team that includes chairman Deborah Hersman to Alaska to investigate last night's crash of a de Havilland Canada DHC-3T Otter turboprop single, which was carrying former Sen. Ted Stevens (R-Alaska) and former NASA administrator and current EADS North America chairman Sean O'Keefe, among others.