Forecast International predicts that nearly 10,900 business jets worth $141 billion will be manufactured between this year and 2014. Following a two-year decline in 2002-2003, business jet production increased by nearly 13 percent last year, and early indications are that this year should also see a double-digit increase.
AINalerts » June 21, 2005
The interim final rule from the Transportation Security Administration (TSA) detailing all the hoops that general aviation will have to jump through to gain access to Ronald Reagan Washington National Airport (DCA) has yet to be officially published in the Federal Register, but that hasn’t dampened the NBAA’s jubilation.
The pilot of the Merlin twin turboprop that crash-landed at Teterboro Airport, N.J., on May 31 followed a flight in which he had aborted his first takeoff from Nantucket Memorial Airport, Mass.
The FAA on Friday granted type certification to Cessna’s Model 525 Citation CJ1+, keeping the program on schedule and bringing the aircraft one step closer to customer deliveries, which are expected to begin in the fourth quarter. The $4.1 million CJ1+ offers more performance, new Collins Pro Line 21 integrated avionics, enhanced cabin features and expanded standard equipment compared with the CJ1.
Mark Schaberg, one of the pilots of MBNA’s Sikorsky S-76C that crashed into New York City’s East River near 42nd Street on Friday, was released from the hospital yesterday and is “resting comfortably at home,” according to a company spokesman. Schaberg was the most seriously injured of the eight people on board–which included another pilot and six top executives, one of whom was the CEO of the Delaware-based company.