Scott Donnelly, chairman, president and CEO of Cessna Aircraft parent company Textron, said his company’s acquisition of Beechcraft has received “overwhelmingly positive” feedback from both Cessna and Beechcraft customers. The deal, announced December 26, is expected to close by the middle of this year.
AINalerts » January 30, 2014
There is a lot of “positive momentum” for the business aviation industry going into 2014, NBAA president and CEO Ed Bolen said this morning at the NBAA regional forum in Boca Raton, Fla. “U.S. Congress passed an omnibus budget agreement in December, and the Republican leadership, which just returned from their annual retreat, indicated that they will indeed raise the debt ceiling,” he noted.
Last year marked another year of relatively soft rates in the general aviation insurance market, according to aviation insurance broker NationAir’s annual market analysis, released yesterday. “While the market conditions have remained the same for several years, the reasons for that soft market are changing,” noted company president Jeff Bauer.
Initially, increased market competition pushed rates down, he said. “Now, however, rates are being held down by the more long-term forces of structural overcapacity and, thankfully, favorable loss history.”
Aspen Avionics signed a memorandum of understanding (MoU) with the NextGen GA Fund, a public-private partnership that will provide up to $1.3 billion in financing over the next 10 years for NextGen avionics upgrades in general aviation (GA) aircraft. The MoU provides the framework for Aspen and the fund to work together to promote the rollout of NextGen to the GA community.
The Avicopter AC352 medium-twin helicopter (previously known as the Z15, the Chinese version of the jointly developed Eurocopter EC175) is now expected to make its maiden flight in the second half of this year in China, according to Europe- and Asia-based industry sources. Entry into service is then expected late next year or early 2016. Certification had previously been planned for this year.
FltPlan.com’s free FltPlan Go iPad app, available at the Apple App Store, was formally released last week. The new app uses the same flight-planning data in the app or on the company’s website.
“Since the service was born on the web, FltPlan’s servers save all flight-planning information and user documents,” said company president Ken Wilson. “Should a pilot’s mobile device, including an iPad, become unavailable, the pilot is just one Internet connection away from his data.”
A cabin mockup of Dassault Falcon’s new Falcon 5X will stop at the Super Bowl for an invitation-only event within the Meadowlands complex on Sunday afternoon before kickoff at MetLife Stadium in East Rutherford, N.J. Headquartered at nearby Teterboro Airport, Dassault Falcon is a host committee sponsor for this year’s Super Bowl, a spokesman told AIN. The company is also well placed to provide customer support for Falcon operators traveling to the event, especially since its largest spare parts depot is at Teterboro.
Embraer Executive Jets appointed Peter Griffith vice president of sales and marketing for Europe and Africa and Peter Walker vice president of sales and marketing for the Middle East and Asia-Pacific. José Eduardo Costas, who has overseen Middle East and Asia-Pacific sales since 2008, will return to the company’s headquarters in Brazil to take on a broader role as vice president of market intelligence for Embraer Executive Jets. All will report to Marco Túlio Pellegrini, who became president and CEO of Embraer Executive Jets on January 1.
Effective Saturday, Tracy Biegler will be the new president and CEO at Menominee, Mich.-based Enstrom Helicopter. He will succeed Jerry Mullins, who is retiring after 10 years at the helm of the light helicopter manufacturer. Mullins will continue to work as a consultant to Enstrom until the end of this year. Biegler, a 26-year industry veteran, joined Enstrom 10 years ago and is currently serving as vice president. He said the change in leadership will support the continued growth at Enstrom initiated by Mullins.
The FAA has pushed out, from 4 p.m. until approximately 5 p.m., the start of an eight-nautical-mile-wide TFR centered over MetLife Stadium in New Jersey on Super Bowl Sunday. From that time until an hour after the end of the game, no general aviation flights will be allowed to enter the TFR ring below 18,000 feet. From noon until 5 p.m., a one-nautical-mile-wide TFR with a minimum altitude of 3,000 feet will be imposed around the stadium.
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