The Stephens Group, parent company of Little Rock-based investment banker Stephens, Inc., is considering getting into the aviation business and Omni Air of Little Rock might be the opening move. Stephens plans to purchase the assets of the Little Rock National Airport-based FBO and disclosed amount and expects to expand the Omni operation to create a “first class” facility.
AINalerts » July 19, 2005
Last summer Jet Aviation moved its international headquarters from West Palm Beach, Fla., back to its original Basel, Switzerland base and relocated its marketing division to Teterboro Airport, N.J.
NetJets Europe expects to move into its new Lisbon, Portugal headquarters in December. The fractional provider already runs all its operational and administrative functions from the Portuguese capital and it is now investing $28 million in a much larger building that will house slightly more than 400 staff. It also has a sales and marketing office in London. The past three years have seen rapid growth at NetJets Europe.
NBAA has welcomed news that a new landing-fee structure at Santa Monica Municipal Airport, Calif., was approved by city officials. Scheduled to become effective August 1, it replaces a previous program that had been rejected by the FAA on the grounds it unjustly discriminated against certain aircraft types.
Rules that will enable some general aviation operators to resume operations at Ronald Reagan Washington National Airport (DCA) were released last Friday and will go into effect 30 days after publication in the Federal Register, likely sometime this week. The interim final rule applies to all passenger aircraft operations into or out of DCA, except domestic and foreign airlines.