AINalerts » February 11, 2010

February 11, 2010 - 10:45am
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Erickson Air Crane was called in earlier this week to dump snow on the venue for the Vancouver winter games after a week of rain and unusually warm weather melted the white stuff at some elevations below 4,000 feet. Erickson has been using one of its S-64 Air Cranes to move 13,000-pound loads of snow to cover bare ground at several area ski and snowboard venues, including Cypress Mountain and Mount Black.

February 11, 2010 - 10:44am

In one of the strongest signals yet that the Obama Administration has gotten the industry message that the decades-old ATC system is sorely in need of replacement, the White House is asking Congress for a $1.14 billion budget in Fiscal Year 2011 for the FAA’s Next Generation Air Transportation System, a 31-percent increase from the FY 2010 figure.

February 11, 2010 - 10:42am

Hawker Beechcraft on Tuesday reported an operating loss of $712 million on sales of $3.2 billion last year, compared with an operating profit of $140.3 million on $3.5 billion in sales in 2008. Besides lower sales last year, the company was affected by non-cash impairment and other charges totaling $726.4 million in the third quarter.

February 11, 2010 - 10:40am

Robinson Helicopter yesterday told AIN that it set an initial price of $770,000 for its Rolls-Royce RR300-powered R66 single-turbine helicopter. The company also has begun accepting $75,000 individual deposits and dealer applications for the helicopter and will have it on display at Heli-Expo later this month in Houston.

February 11, 2010 - 10:38am

Last month showed further evidence of the “gradual” business jet recovery that has been under way for the past few months, including a shrinking pre-owned inventory and “some positive signals from the new market,” JPMorgan Global Equity Research said this week in its monthly business jet update.

 

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