The NTSB on Thursday released its final report on the Sept.
AINalerts » July 14, 2009
The European Aviation Safety Agency (EASA) will extend discussion of the most contentious points arising from its proposed new rules for aircraft operations and has indicated that it could permit greater flexibility for business aviation on issues such as flight and duty time limitations (FTL).
While business aircraft flight hours are down from last year, the level of industry safety has increased disproportionately, according to statistics released by Boca Raton, Fla.-based business aviation safety analyst Robert E. Breiling Associates. In the first half of the year, the U.S. business airplane fleet experienced 13 accidents versus 34 during the same period last year, equaling a nearly 62-percent decline in the number of accidents.
The large-cabin Cessna Citation Columbus program has been “formally cancelled,” according to a Form 8-K report filed with the Securities and Exchange Commission late last week by Cessna Aircraft parent Textron. The move comes just a little more than two months after Textron’s decision “to suspend the development of the Citation Columbus widebody jet due to prevailing market conditions,” Textron said in the report.
UBS Investment Research’s latest Business Jet Market Index, released this morning, shows the fifth consecutive move higher, “indicative of a continuing slowing in the rate of market deterioration.” The index, which measures the change in a group of business aviation professionals’ views from previous UBS index surveys, came in at 37, slightly higher than the 35 reported in May and greatly above the record-low of 13 in November.