AINalerts » August 16, 2007

August 16, 2007 - 11:59am

As part of what they called their duty to the American people, Congressional democrats were able to pass S.1, the Honest Leadership and Open Government Act of 2007, before they went on recess last week. The bill calls for increased disclosure on the lobbying process and, more important, a provision restricting the use of private aircraft for senators and representatives.

August 16, 2007 - 11:56am

British environmental protesters targeted business aviation today when they blockaded the main entrances to the London-area airports at Biggin Hill and Farnborough. The demonstrations were an offshoot of a week-long protest staged at London Heathrow Airport. At Biggin Hill, passengers and crew had to be temporarily diverted through alternative entrances while police forcibly removed protesters who had chained themselves to the gates.

August 16, 2007 - 11:55am

Embraer’s second-quarter profit fell considerably as the Brazilian manufacturer struggled to keep pace with its record backlog. Although the company kept an even keel by delivering 36 jets in the second quarter of this year, its profit (compared with the second quarter last year) tumbled 50 percent, to $67.3 million. This number was actually up, however, from the first quarter of this year, when the company recorded a profit of $26.2 million.

August 16, 2007 - 11:54am

Spectrum Aeronautical has upgraded the engines that power its S-33 Independence very light jet, and the company is also reversing the order of certification for the S-33 and S-40 Freedom, moving the S-40 to the front burner. The reason for switching the certification plans is so that Spectrum can capitalize on the lack of competition in the midsize cabin class.

August 16, 2007 - 11:51am

When last year’s Latin American Business Aviation Conference & Exhibition (LABACE) in São Paulo, Brazil, was canceled, questions arose about the future of the show. At LABACE 2007, which ended a three-day run on August 11, there was no shortage of champagne celebrating the record-breaking event.


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