AINalerts » February 14, 2008

February 14, 2008 - 10:59am

Defenders of Berlin Tempelhof Airport in downtown Berlin have reported significant progress in their fight to keep the German airfield open, as they have gathered the 170,000 favorable votes required for a full public referendum. Earlier this week, the vote count had reached 190,000, and Bernd Gans, president of the German business aviation association, told AIN he anticipates more than 200,000 by tomorrow’s deadline.

February 14, 2008 - 10:59am

Defenders of Berlin Tempelhof Airport in downtown Berlin have reported significant progress in their fight to keep the German airfield open, as they have gathered the 170,000 favorable votes required for a full public referendum. Earlier this week, the vote count had reached 190,000, and Bernd Gans, president of the German business aviation association, told AIN he anticipates more than 200,000 by tomorrow’s deadline.

February 14, 2008 - 10:57am

The $168 billion economic stimulus plan President Bush signed yesterday includes a provision that alters section 168(k) of the Internal Revenue Code to allow buyers of factory-new aircraft to take the bonus depreciation for aircraft that will be used more than 50 percent of the time for business purposes and are placed in service this year and, in many cases, next year. Minimum value of aircraft that fall into section 168(k) is $200,000.

February 14, 2008 - 10:57am

The $168 billion economic stimulus plan President Bush signed yesterday includes a provision that alters section 168(k) of the Internal Revenue Code to allow buyers of factory-new aircraft to take the bonus depreciation for aircraft that will be used more than 50 percent of the time for business purposes and are placed in service this year and, in many cases, next year. Minimum value of aircraft that fall into section 168(k) is $200,000.

February 14, 2008 - 10:56am

Several state attorneys general are looking into the activities surrounding the bankruptcy of Silver State Helicopters and its founder, Jerry Airola. Silver State, the largest civilian helicopter school in the U.S., closed its doors on February 3 and filed Chapter 7 (liquidation) bankruptcy the following day. The school employed 750 people and had 2,500 students and 250 helicopters at 33 locations in 14 states.

February 14, 2008 - 10:56am

Several state attorneys general are looking into the activities surrounding the bankruptcy of Silver State Helicopters and its founder, Jerry Airola. Silver State, the largest civilian helicopter school in the U.S., closed its doors on February 3 and filed Chapter 7 (liquidation) bankruptcy the following day. The school employed 750 people and had 2,500 students and 250 helicopters at 33 locations in 14 states.

February 14, 2008 - 10:54am

At Tuesday’s Annual Industry Review and Market Outlook, GAMA president and CEO Pete Bunce reiterated business aviation’s call for the government to drop the concept of user fees to pay for FAA reauthorization. “GAMA continues to oppose the introduction of user fees on any segment of aviation,” he said.

February 14, 2008 - 10:54am

At Tuesday’s Annual Industry Review and Market Outlook, GAMA president and CEO Pete Bunce reiterated business aviation’s call for the government to drop the concept of user fees to pay for FAA reauthorization. “GAMA continues to oppose the introduction of user fees on any segment of aviation,” he said.

February 14, 2008 - 10:53am

More than 700 attendees and 23 exhibitors were expected at the one-day Asian Business Aviation Conference and Exhibition (ABACE) forum held today in Hong Kong. During the event, 14 aircraft were on static display at Hong Kong International Airport and the exhibit space at the nearby Hong Kong Business Aviation Centre.

February 14, 2008 - 10:53am

More than 700 attendees and 23 exhibitors were expected at the one-day Asian Business Aviation Conference and Exhibition (ABACE) forum held today in Hong Kong. During the event, 14 aircraft were on static display at Hong Kong International Airport and the exhibit space at the nearby Hong Kong Business Aviation Centre.

 

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